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Highlights of 2009 NPC Annual Report to Congress

(Based on Reports Submitted in June 2010)



General

  • 82 active NPCs submitted annual reports.
  • Revenues were $241 million, down by 3.41% from the prior year.
  • Expenses were $242 million, down by 0.68% from 2008.
  • Net worth was $205 million, down by 0.78% for the year. This represents funds held in project accounts as well as operating funds and fiscally prudent reserves.
  • 32 NPCs had revenue increases; the remaining 50 reported revenue decreases.
  • The top three revenue-producing NPCs accounted for 37% of total NPC revenues
  • 99.8% of NPC revenues were audited by independent auditors. Nine NPCs either fell below the amount that triggers the annual audit requirement or fell within the three year intervening period.
NPC Revenues and Expenditure