New York Municipal Power Agency
East Syracuse, NY 13057 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $83,533,271 | $87,793,985 | $18,621,948 |
| FY2024 | $63,626,437 | $59,406,569 | $22,882,662 |
| FY2023 | $67,687,818 | $63,181,980 | $18,662,796 |
| FY2022 | $72,287,355 | $78,306,164 | $14,156,959 |
| FY2021 | $46,150,852 | $46,326,939 | $20,175,768 |
| FY2020 | $40,019,335 | $40,851,218 | $20,351,855 |
| FY2019 | $45,775,479 | $42,825,997 | $21,183,738 |
| FY2018 | $53,331,592 | $51,516,189 | $18,234,256 |
| FY2017 | $37,519,816 | $32,670,682 | $16,418,853 |
| FY2016 | $31,147,310 | $28,391,992 | $11,569,719 |
| FY2015 | $41,056,259 | $38,739,103 | $8,814,401 |
| FY2014 | $61,497,765 | $59,384,444 | $6,497,245 |
| FY2013 | $41,085,604 | $41,201,062 | $4,383,924 |
| FY2012 | $31,705,830 | $31,486,249 | $4,499,382 |
Form 990 filings
The returns filed by New York Municipal Power Agency (EIN 16-1539068), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $82,614,485 | 99% |
| Other revenue | $918,786 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $87,552,625 | 100% |
| Management & general | $241,360 | <1% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 59.1% of 110 Mutual & Membership Benefit organizations nationwide (too few in NY for a state comparison).
- Net assets covered about 2.5 months of expenses at the end of the reporting year. That puts it in the 11th percentile among 363 Mutual & Membership Benefit organizations in NY.
- Total revenue was higher than 96.5% of 369 Mutual & Membership Benefit organizations in NY.
- Total revenue rose from $31,705,830 in FY2012 to $83,533,271 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2013, FY2020, FY2021, FY2022, FY2025).
- Net assets grew from $4,499,382 to $18,621,948 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MISSIONENSURING SAFE, INEXPENSIVE, AND RELIABLE ENERGY TO OUR MEMBER MUNICIPALITIES THROUGHOUT NEW YORK STATE
IRS status
| Ruling year | 1999 |
| Subsection | 501(c)(12) |
| Program area (NTEE) | Y22 — Mutual & Membership Benefit (in NY) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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