NEW YORK INDEPENDENT SYSTEM OPERATOR INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK INDEPENDENT SYSTEM OPERATOR INC (EIN 14-1815612)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-19
- IRS object ID
- 202502319349301815
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-19T15:56:39+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 BROADWAY 4TH FLOOR | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141815612 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK INDEPENDENT SYSTEM OPERATOR INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 5183566000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BOULEVARD FINANCE | AddressLine1Txt |
| City | RENSSELAER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12144 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Cheryl Hussey | PersonNm |
| Person Title | Vice President and CFO | PersonTitleTxt |
| Phone | 5183566000 | PhoneNum |
| Signature | 2025-08-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHANIE LONCZAK | PreparerPersonNm |
| PTIN | P01880207 | PTIN |
| Phone | 5184274600 | PhoneNum |
| Preparation | 2025-08-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD DEWEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BOULEVARD FINANCE | AddressLine1Txt |
| City | RENSSELAER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12144 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $255,387,478 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NYISO.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE NYISO'S MISSION IS TO ENSURE POWER SYSTEM RELIABILITY AND COMPETITIVE MARKETS FOR NEW YORK IN A CLEAN ENERGY FUTURE. NYISO'S VISION IS WORKING TOGETHER WITH STAKEHOLDERS TO BUILD THE CLEANEST, MOST RELIABLE ELECTRIC SYSTEM IN THE NATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 714 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $224,667,480 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $249,077,693 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,781,488 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,981,009 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $231,431 | CYOtherRevenueAmt |
| PY Total Revenue | $230,448,968 | PYTotalRevenueAmt |
| CY Total Revenue | $255,290,133 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $22,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $118,181,452 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $130,277,304 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $112,245,516 | PYOtherExpensesAmt |
| CY Other Expenses | $125,002,829 | CYOtherExpensesAmt |
| PY Total Expenses | $230,448,968 | PYTotalExpensesAmt |
| CY Total Expenses | $255,290,133 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $732,953,039 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,009,740,034 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $732,953,039 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,009,740,034 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $0 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE NYISO'S MISSION IS TO ENSURE POWER SYSTEM RELIABILITY AND COMPETITIVE MARKETS FOR NEW YORK IN A CLEAN ENERGY FUTURE. NYISO'S VISION IS WORKING TOGETHER WITH STAKEHOLDERS TO BUILD THE CLEANEST, MOST RELIABLE ELECTRIC SYSTEM IN THE NATION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $189,390,139 | ExpenseAmt |
| Grant | $10,000 | GrantAmt |
| Revenue | $249,309,124 | RevenueAmt |
| Desc | NYISO, GOVERNED BY AN INDEPENDENT BOARD OF DIRECTORS AND A COMMITTEE STRUCTURE COMPRISED OF STAKEHOLDER REPRESENTATIVES, IS SUBJECT TO THE OVERSIGHT OF THE FEDERAL ENERGY REGULATORY COMMISSION, AND REGULATED IN CERTAIN ASPECTS BY THE NEW YORK STATE PUBLIC SERVICE COMMISSION. ITS OPERATIONS ARE ALSO OVERSEEN BY ELECTRIC SYSTEM RELIABILITY ORGANIZATIONS, INCLUDING THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION, THE NORTHEAST POWER COORDINATING COUNCIL, AND THE NEW YORK STATE RELIABILITY COUNCIL. NYISO'S EFFORTS TO SERVE THE PUBLIC INTEREST AND PROVIDE BENEFIT TO CONSUMERS INCLUDE: i. OPERATING THE BULK ELECTRICITY GRID IN NEW YORK STATE, MANAGING THE FLOW OF POWER ON MORE THAN 11,000 CIRCUIT-MILES OF HIGH-VOLTAGE TRANSMISSION LINES, FROM OVER 700 POWER GENERATING UNITS, ON A MINUTE-TO-MINUTE BASIS, 24 HOURS-A-DAY, SEVEN DAYS-A-WEEK. ii. ADMINISTERING AND MONITORING NEW YORK'S WHOLESALE ELECTRICITY MARKETS, INVOLVING MORE THAN 400 MARKET PARTICIPANTS IN DAILY AND HOURLY AUCTIONS THAT MATCH THE BUYERS AND SELLERS OF POWER. iii. CONDUCTING LONG-TERM PLANNING ASSESSMENTS OF NEW YORK STATE'S ELECTRICITY RESOURCES AND POWER NEEDS, AND EVALUATING THE FEASIBILITY OF PROJECTS PROPOSED TO MEET THOSE NEEDS. iv. PROVIDING AUTHORITATIVE AND OBJECTIVE DATA AND ANALYSIS ON ENERGY ISSUES TO POLICY MAKERS, REGULATORS, MARKET PARTICIPANTS AND OTHER STAKEHOLDERS. v. DEVELOPING AND DEPLOYING COMMUNICATIONS AND DATA MANAGEMENT SYSTEMS TO OPTIMIZE THE DISPATCH OF POWER ON THE BULK POWER SYSTEM AND IMPLEMENT WHOLESALE ELECTRICITY MARKET DESIGN. | Desc |
| Total Program Service Expenses | $189,390,139 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 223 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 714 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERYL HUSSEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5183566000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BLVD | AddressLine1Txt |
| City | RENSSELAER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12144 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| RICHARD J DEWEY | |||||||||
| PRESIDENT & CHIEF EXECUTIVE OFFICER | 59.0 | Yes (X) | Yes (X) | $1,922,532 | $0 | $1,089,664 | |||
| AVE M BIE | |||||||||
| DIRECTOR | 18.0 | Yes (X) | $113,667 | $0 | $0 | ||||
| DANIEL C HILL | |||||||||
| DIRECTOR | 18.0 | Yes (X) | $248,451 | $0 | $0 | ||||
| DAVID HILL | |||||||||
| DIRECTOR | 14.0 | Yes (X) | $217,750 | $0 | $0 | ||||
| GIZMAN ABBAS | |||||||||
| DIRECTOR | 12.0 | Yes (X) | $206,000 | $0 | $0 | ||||
| JOSEPH P OATES | |||||||||
| CHAIR, BOARD OF DIRECTORS | 22.0 | Yes (X) | $244,278 | $0 | $0 | ||||
| MARK LYNCH | |||||||||
| DIRECTOR | 17.0 | Yes (X) | $208,229 | $0 | $0 | ||||
| MICHAEL A CROWE | |||||||||
| DIRECTOR | 12.0 | Yes (X) | $103,000 | $0 | $0 | ||||
| ROGER B KELLEY | |||||||||
| DIRECTOR | 16.0 | Yes (X) | $106,667 | $0 | $0 | ||||
| SALLY TALBERG | |||||||||
| DIRECTOR | 18.0 | Yes (X) | $196,229 | $0 | $0 | ||||
| TERESA MARRINAN | |||||||||
| DIRECTOR | 14.0 | Yes (X) | $197,306 | $0 | $0 | ||||
| AARON D MARKHAM | |||||||||
| VICE PRESIDENT, OPERATIONS | 52.0 | Yes (X) | $511,247 | $0 | $337,992 | ||||
| CHERYL L HUSSEY | |||||||||
| VICE PRESIDENT, CHIEF FINANCIAL OFFICER | 46.0 | Yes (X) | $654,183 | $0 | $363,059 | ||||
| DENEEN BYRNE | |||||||||
| VICE PRESIDENT, HUMAN RESOURCES | 49.0 | Yes (X) | $495,397 | $0 | $302,365 | ||||
| DIANE L EGAN | |||||||||
| CORP SECRETARY & SECRETARY TO BOARD | 52.0 | Yes (X) | $319,881 | $0 | $156,230 | ||||
| DOUGLAS CHAPMAN | |||||||||
| SENIOR VICE PRESIDENT, CHIEF INFORMATION OFFICER | 49.0 | Yes (X) | $748,924 | $0 | $440,317 | ||||
| EMILIE R N CHRAPOWITZKY | |||||||||
| EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER | 50.0 | Yes (X) | $997,651 | $0 | $572,167 | ||||
| KEVIN LANAHAN | |||||||||
| VICE PRESIDENT, EXTERNAL AFFAIRS | 48.0 | Yes (X) | $682,139 | $0 | $381,360 | ||||
| RANA MUKERJI | |||||||||
| SENIOR VICE PRESIDENT, MARKET STRUCTURES | 44.0 | Yes (X) | $729,140 | $0 | $395,950 | ||||
| ROBERT A PIKE | |||||||||
| VICE PRESIDENT, MARKET OPERATIONS | 52.0 | Yes (X) | $603,943 | $0 | $371,349 | ||||
| ROBERT FERNANDEZ | |||||||||
| EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER | 46.0 | Yes (X) | $913,784 | $0 | $539,518 | ||||
| SHAUN P JOHNSON | |||||||||
| VICE PRESIDENT, MARKET STRUCTURES | 45.0 | Yes (X) | $385,297 | $0 | $204,950 | ||||
| ZACHARY G SMITH | |||||||||
| SENIOR VICE PRESIDENT, SYSTEM & RESOURCE PLANNING | 52.0 | Yes (X) | $670,716 | $0 | $409,367 | ||||
| ERIC ADAMS | |||||||||
| MANAGER, FACILITIES | 42.0 | $211,425 | $0 | $49,160 | Yes (X) | ||||
| JON D SAWYER | |||||||||
| DIRECTOR OF OPERATIONS | 54.0 | $309,342 | $0 | $175,658 | Yes (X) | ||||
| JULIANN MADERA | |||||||||
| DIRECTOR OF INTERNAL AUDIT | 41.0 | $278,393 | $0 | $176,696 | Yes (X) | ||||
| MICHAEL STAHL | |||||||||
| SENIOR MANAGER IT INFRASTRUCTURE & OPERATIONS | 45.0 | $288,899 | $0 | $70,640 | Yes (X) | ||||
| RYAN SMITH | |||||||||
| DIRECTOR OF IT SOFTWARE TECHNOLOGY | 43.0 | $382,070 | $0 | $200,205 | Yes (X) | ||||
| ALEX M SCHNELL | |||||||||
| ASSISTANT GENERAL COUNSEL | 43.0 | $332,466 | $0 | $64,620 | Yes (X) | ||||
| KAREN G GACH | |||||||||
| DEPUTY GENERAL COUNSEL | 46.0 | $544,369 | $0 | $293,111 | Yes (X) | ||||
| MATTHEW A ANGLIN | |||||||||
| DIRECTOR OF ENTERPRISE SECURITY & CISO | 51.0 | $371,198 | $0 | $178,552 | Yes (X) | ||||
| PATRICK KELLY | |||||||||
| CONTROLLER & ASSISTANT TREASURER | 45.0 | $334,950 | $0 | $150,838 | Yes (X) | ||||
| RAYMOND W STALTER | |||||||||
| DIRECTOR, REGULATORY AFFAIRS | 48.0 | $395,926 | $0 | $174,669 | Yes (X) | ||||
| KEVIN PYTEL | |||||||||
| SENIOR MANAGER OF PRODUCT & PROJECT MANAGEMENT | 46.0 | $315,498 | $0 | $123,843 | Yes (X) | ||||
| RICARDO T GONZALES | |||||||||
| FORMER SENIOR VICE PRESIDENT OF OPERATIONS & CHIEF OPERATING OFFICER | 0.0 | $439,533 | $0 | $59,474 | Yes (X) | ||||
| TODD P ROMANSKY | |||||||||
| MANAGER, IT OPERATIONS & SERVICE MGMT | 46.0 | $226,609 | $0 | $61,209 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $15,907,089 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $7,342,963 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 502 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HITACHI ENERGY USA INC | |||||||||||
| 901 MAIN CAMPUS DR | RALEIGH | NC | 27606 | CONSULTING SERVICES | $8,211,816 | ||||||
| POTOMAC ECONOMICS LTD | |||||||||||
| 10560 ARROWHEAD DRIVE | FAIRFAX | VA | 22030 | CONSULTING SERVICES | $6,149,556 | SUITE 400 | |||||
| HUNTON ANDREWS KURTH LLP | |||||||||||
| 951 E BYRD ST | RICHMOND | VA | 23219 | LEGAL SERVICES | $5,523,565 | RIVERFRONT PLAZA EAST TOWER | |||||
| ANALYSIS GROUP INC | |||||||||||
| 111 HUNTINGTON AVENUE | BOSTON | MA | 02199 | CONSULTING SERVICES | $2,126,979 | 14TH FLOOR | |||||
| CF POWER LTD | |||||||||||
| CONSULTING SERVICES | $1,595,880 | 2841 77 ST SW | CALGARY | AB | CA | T3H5M1 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 72 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $0 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| TRANSMISSION TARIFF | 221000 | $204,206,416 | $204,206,416 | $0 | $0 |
| FERC FEES RECOVERY | 221000 | $18,029,115 | $18,029,115 | $0 | $0 |
| PLANNING STUDIES REVENUE | 221000 | $25,505,395 | $25,505,395 | $0 | $0 |
| GOVERNANCE COMMITTEE FEES | 221000 | $451,300 | $451,300 | $0 | $0 |
| MARKET PARTICIPANT TRAINING | 221000 | $393,224 | $393,224 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $492,243 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $492,243 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $249,077,693 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,078,354 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,078,354 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $97,345 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | -$97,345 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$97,345 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$97,345 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROCEEDS FROM INSURANCE CLAIM | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $231,431 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $231,431 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $231,431 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $255,290,133 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $249,309,124 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,981,009 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,250,052 | TotalAmt |
| Program Services | $835,187 | ProgramServicesAmt |
| Management And General | $22,414,865 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,942 | TotalAmt |
| Program Services | $74,942 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,862,508 | TotalAmt |
| Program Services | $58,563,463 | ProgramServicesAmt |
| Management And General | $23,299,045 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,686,932 | TotalAmt |
| Program Services | $5,477,044 | ProgramServicesAmt |
| Management And General | $4,209,888 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,679,931 | TotalAmt |
| Program Services | $5,428,828 | ProgramServicesAmt |
| Management And General | $3,251,103 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,722,939 | TotalAmt |
| Program Services | $3,801,187 | ProgramServicesAmt |
| Management And General | $2,921,752 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,381,018 | TotalAmt |
| Program Services | $6,337,811 | ProgramServicesAmt |
| Management And General | $43,207 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,491 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $803,491 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,600 | TotalAmt |
| Program Services | $104,600 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,333,159 | TotalAmt |
| Program Services | $32,333,159 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,747 | TotalAmt |
| Program Services | $20,747 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,233,979 | TotalAmt |
| Program Services | $1,812,476 | ProgramServicesAmt |
| Management And General | $1,421,503 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,874,502 | TotalAmt |
| Program Services | $26,239,628 | ProgramServicesAmt |
| Management And General | $1,634,874 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,673,244 | TotalAmt |
| Program Services | $2,820,595 | ProgramServicesAmt |
| Management And General | $1,852,649 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,122 | TotalAmt |
| Program Services | $264,602 | ProgramServicesAmt |
| Management And General | $422,520 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,453 | TotalAmt |
| Program Services | $741,896 | ProgramServicesAmt |
| Management And General | $130,557 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,143,911 | TotalAmt |
| Program Services | $4,143,911 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,126,369 | TotalAmt |
| Program Services | $22,126,369 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,494,540 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,494,540 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FERC FEES | $18,029,115 | $18,029,115 | $0 |
| NPCC FEES | $224,579 | $224,579 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,290,133 | TotalAmt |
| Program Services | $189,390,139 | ProgramServicesAmt |
| Management And General | $65,899,994 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,718 | BOYAmt |
| EOY | $1,690,198 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,225,246 | BOYAmt |
| EOY | $641,210,549 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,030,855 | BOYAmt |
| EOY | $246,433,656 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,270,126 | BOYAmt |
| EOY | $9,736,803 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $461,700,755 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $377,604,808 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,333,381 | BOYAmt |
| EOY | $84,095,947 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,853,797 | BOYAmt |
| EOY | $4,714,965 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,069,916 | BOYAmt |
| EOY | $21,857,916 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $732,953,039 | BOYAmt |
| EOY | $1,009,740,034 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,310,661 | BOYAmt |
| EOY | $425,519,549 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,331,921 | BOYAmt |
| EOY | $74,631,271 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,888,584 | BOYAmt |
| EOY | $340,968,051 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,235,409 | BOYAmt |
| EOY | $19,757,108 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,666,985 | BOYAmt |
| EOY | $61,745,533 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,519,479 | BOYAmt |
| EOY | $87,118,522 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $732,953,039 | BOYAmt |
| EOY | $1,009,740,034 | EOYAmt |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $732,953,039 | BOYAmt |
| EOY | $1,009,740,034 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $198,477,267 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $195,595,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $211,944,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $224,667,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $249,077,693 | CurrentTaxYearAmt |
| Total | $1,079,762,802 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $198,477,267 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $195,595,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $211,944,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $224,667,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $249,077,693 | CurrentTaxYearAmt |
| Total | $1,079,762,802 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,123,630 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $79,872,146 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,939,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $72,534,665 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,106,839 | CurrentTaxYearAmt |
| Total | $373,576,862 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $72,123,630 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $79,872,146 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,939,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $72,534,665 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,106,839 | CurrentTaxYearAmt |
| Total | $373,576,862 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $706,185,940 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $218,851 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,065 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,581,146 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,781,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,078,354 | CurrentTaxYearAmt |
| Total | $13,669,904 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $218,851 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,065 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,581,146 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,781,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,078,354 | CurrentTaxYearAmt |
| Total | $13,669,904 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $231,431 | CurrentTaxYearAmt |
| Total | $231,431 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $198,696,118 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $195,605,634 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $213,525,939 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $230,448,968 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $255,387,478 | CurrentTaxYearAmt |
| Total | $1,093,664,137 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.64571 | PublicSupportCY509Pct |
| Public Support PY509 | 0.62561 | PublicSupportPY509Pct |
| Investment Income CY | 0.01 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - , COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 231431.0, COLUMN F - 231431.0; | ExplanationTxt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $104,600 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $104,600 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $189,285,539 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $189,390,139 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $100,102 | CurrentYearMinus3Amt |
| Current Year Minus2 | $117,180 | CurrentYearMinus2Amt |
| Current Year Minus1 | $126,112 | CurrentYearMinus1Amt |
| Current Year | $104,600 | CurrentYearAmt |
| Total | $447,994 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $0 | CurrentYearMinus3Amt |
| Current Year Minus2 | $0 | CurrentYearMinus2Amt |
| Current Year Minus1 | $0 | CurrentYearMinus1Amt |
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,998,911 | OtherCostOrOtherBasisAmt |
| Book Value | $2,998,911 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,937,959 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,144,192 | DepreciationAmt |
| Book Value | $14,793,767 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $80,033,196 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,557,425 | DepreciationAmt |
| Book Value | $28,475,771 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $73,575,331 | OtherCostOrOtherBasisAmt |
| Depreciation | $62,249,332 | DepreciationAmt |
| Book Value | $11,325,999 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $269,155,358 | OtherCostOrOtherBasisAmt |
| Depreciation | $242,653,859 | DepreciationAmt |
| Book Value | $26,501,499 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,095,947 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (10 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | $0 |
| REGULATORY LIABILITIES | $25,324,692 |
| ACCRUED POSTRETIREMENT LIABILITY | $6,726,565 |
| ACCRUED PENSION LIABILITY | $299,698 |
| DEFERRED COMPENSATION | $11,863,179 |
| FMV OF INTEREST RATE SWAPS | $16,045 |
| VOLTAGE RESERVE NET OF ACCRUED INTEREST | $1,514,628 |
| REG LIABILITY RS1 OVER-COLLECTION | $5,638,146 |
| LEASE CAPITALIZATION LIABILITY | $75,240 |
| CLUSTER STUDY SECURITY DEPOSITS | $35,660,329 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $87,118,522 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $256,160,945 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $0 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $256,160,945 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$870,812 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$870,812 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $255,290,133 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $256,160,945 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $870,812 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $870,812 | ExpensesNotReportedAmt |
| Expenses Subtotal | $255,290,133 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $255,290,133 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | THE AMOUNTS RECORDED ON LINE 21 OF PART X ON FORM 990 CONSIST OF WORKING CAPITAL RESERVES AND CASH COLLATERAL SECURITY DEPOSITS RECEIVED FROM MARKET PARTICIPANTS. ALL MARKET PARTICIPANTS CONTRIBUTE TO A WORKING CAPITAL RESERVE FUND, TOTALING $35,678,874 AT 12/31/24, WHICH IS USED TO PRESERVE LIQUIDITY IN THE NYISO MARKETS. ACCUMULATED INTEREST ON THE WORKING CAPITAL FUND IS DISTRIBUTED SEMI ANNUALLY TO MARKET PARTICIPANTS. ADDITIONALLY, CERTAIN MARKET PARTICIPANTS PROVIDE CASH AS COLLATERAL TO MEET THEIR NYISO CREDITWORTHINESS REQUIREMENTS. DEPOSITS TOTAL $305,289,177 AT 12/31/24 AND ARE INVESTED IN MONEY MARKET FUNDS. INTEREST/ DIVIDENDS ARE PROVIDED TO PARTICIPANTS MONTHLY. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | NYISO HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE (THE CODE) SECTION 501(c)(3) AND IS GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(A) OF THE CODE. NYISO HAS DETERMINED, PRIOR TO RECORDING ANY BENEFIT IN THE FINANCIAL STATEMENTS, THAT IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES, AS REQUIRED BY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC (FIN48/ ASC 740). A TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | REVENUE ADJUSTMENT RELATED TO THE FAIR MARKET VALUE OF INTEREST RATE SWAPS RESULTING FROM THE ORGANIZATIONS RATE SETTING PROCESS - -870812 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | REVENUE ADJUSTMENT RELATED TO THE FAIR MARKET VALUE OF INTEREST RATE SWAPS RESULTING FROM THE ORGANIZATIONS RATE SETTING PROCESS - 870812 EXPENSES RELATED TO 457B PROGRAM RESULTING FROM UNREALIZED LOSS ON INVESTMENT - -505490 CHANGE IN FAIR MARKET VALUE OF MARKETABLE SECURITIES - 505490 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IEEE FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 HOES LANE | AddressLine1Txt |
| Address Line2 | PO BOX 1331 | AddressLine2Txt |
| City | PISCATAWAY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 088551331 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 237310664 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $10,000 | CashGrantAmt |
| Purpose Of Grant | Scholarship | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | BEFORE PLEDGING A DONATION TO THE IEEE POWER & ENERGY SOCIETY (PES) SCHOLARSHIP PLUS INITIATIVE, THE NYISO CONDUCTED DUE DILIGENCE ON THIS SCHOLARSHIP PROGRAM TO ASSESS ITS STABILITY, EQUALITY IN ADMINISTRATION, AND CONSISTENCY WITH THE NYISO'S MISSION AND OBJECTIVES. THE NYISO'S HUMAN RESOURCE (HR) AND LEGAL DEPARTMENTS CONDUCTED INDEPENDENT EVALUATIONS OF THE PROGRAM'S PUBLICLY AVAILABLE INFORMATION (AVAILABLE AT HTTP://WWW.EESCHOLARSHIP.ORG/SPONSORSHIP/DONATE-NOW). NYISO HR AND LEGAL REPRESENTATIVES ALSO SPOKE WITH THE IEEE FOUNDATION CAPITAL CAMPAIGN MANAGER TO OBTAIN FURTHER PROGRAM SPECIFICS, INCLUDING THE SELECTION PROCESS FOR THE PES SCHOLARS. IEEE CONFIRMED THAT CONTRIBUTIONS ARE MADE TO THE IEEE FOUNDATION, NOT SCHOLARSHIP CANIDATES, AND THAT INDIVIDUAL SCHOLARSHIPS ARE AWARDED ONLY AFTER COMPLETION OF THE APPLICATION PROCESS. THERE IS NO REQUIREMENT FOR THE NYISO TO PROVIDE INTERNSHIPS OR CAREER OPPORTUNITIES TO IEEE SCHOLARSHIP AWARDEES AS A CONDITION OF THE NYISO'S SUPPORT FOR THE PROGRAM. THE NYISO BELIEVES THAT THIS SCHOLARSHIP PROGRAM IS APPROPRIATELY ADMINISTERED AND PROVIDES SOLID RESOURCE FOR THE DEVELOPMENT OF ENGINEERS, INCLUDING WITHIN THE FIELD OF POWER SYSTEMS. BY SUPPORTING THE EDUCATION OF FUTURE POWER INDUSTRY WORKFORCE, THIS SCHOLARSHIP PROGRAM IS ALIGNED WITH THE NYISO'S PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (33 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD J DEWEY | ||||||||||||||
| PRESIDENT & CHIEF EXECUTIVE OFFICER | $856,211 | $0 | $953,867 | $0 | $112,454 | $0 | $1,060,818 | $0 | $28,846 | $0 | $3,012,196 | $0 | $425,000 | $0 |
| DANIEL C HILL | ||||||||||||||
| DIRECTOR | $248,451 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $248,451 | $0 | $0 | $0 |
| JOSEPH P OATES | ||||||||||||||
| CHAIR, BOARD OF DIRECTORS | $244,278 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $244,278 | $0 | $0 | $0 |
| MARK LYNCH | ||||||||||||||
| DIRECTOR | $208,229 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $208,229 | $0 | $0 | $0 |
| TERESA MARRINAN | ||||||||||||||
| DIRECTOR | $197,306 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $197,306 | $0 | $0 | $0 |
| DAVID HILL | ||||||||||||||
| DIRECTOR | $217,750 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $217,750 | $0 | $0 | $0 |
| GIZMAN ABBAS | ||||||||||||||
| DIRECTOR | $206,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $206,000 | $0 | $0 | $0 |
| SALLY TALBERG | ||||||||||||||
| DIRECTOR | $196,229 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $196,229 | $0 | $0 | $0 |
| RICARDO T GONZALES | ||||||||||||||
| FORMER SENIOR VICE PRESIDENT OF OPERATIONS & CHIEF OPERATING OFFICER | $28,593 | $0 | $386,025 | $0 | $24,915 | $0 | $59,474 | $0 | $0 | $0 | $499,007 | $0 | $180,000 | $0 |
| SHAUN P JOHNSON | ||||||||||||||
| VICE PRESIDENT, MARKET STRUCTURES | $262,463 | $0 | $116,690 | $0 | $6,144 | $0 | $176,512 | $0 | $28,438 | $0 | $590,247 | $0 | $53,734 | $0 |
| DENEEN BYRNE | ||||||||||||||
| VICE PRESIDENT, HUMAN RESOURCES | $302,331 | $0 | $161,753 | $0 | $31,313 | $0 | $289,501 | $0 | $12,864 | $0 | $797,762 | $0 | $109,900 | $0 |
| AARON D MARKHAM | ||||||||||||||
| VICE PRESIDENT, OPERATIONS | $311,645 | $0 | $168,207 | $0 | $31,395 | $0 | $316,662 | $0 | $21,330 | $0 | $849,239 | $0 | $112,350 | $0 |
| DOUGLAS CHAPMAN | ||||||||||||||
| SENIOR VICE PRESIDENT, CHIEF INFORMATION OFFICER | $393,224 | $0 | $317,027 | $0 | $38,673 | $0 | $420,562 | $0 | $19,755 | $0 | $1,189,241 | $0 | $162,400 | $0 |
| EMILIE R N CHRAPOWITZKY | ||||||||||||||
| EXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER | $536,212 | $0 | $410,646 | $0 | $50,793 | $0 | $543,321 | $0 | $28,846 | $0 | $1,569,818 | $0 | $203,500 | $0 |
| DIANE L EGAN | ||||||||||||||
| CORP SECRETARY & SECRETARY TO BOARD | $192,566 | $0 | $97,440 | $0 | $29,875 | $0 | $135,824 | $0 | $20,406 | $0 | $476,111 | $0 | $44,100 | $0 |
| CHERYL L HUSSEY | ||||||||||||||
| VICE PRESIDENT, CHIEF FINANCIAL OFFICER | $348,607 | $0 | $269,056 | $0 | $36,520 | $0 | $341,693 | $0 | $21,366 | $0 | $1,017,242 | $0 | $126,700 | $0 |
| KEVIN LANAHAN | ||||||||||||||
| VICE PRESIDENT, EXTERNAL AFFAIRS | $394,211 | $0 | $276,590 | $0 | $11,338 | $0 | $352,514 | $0 | $28,846 | $0 | $1,063,499 | $0 | $133,000 | $0 |
| RANA MUKERJI | ||||||||||||||
| SENIOR VICE PRESIDENT, MARKET STRUCTURES | $362,018 | $0 | $322,793 | $0 | $44,329 | $0 | $368,165 | $0 | $27,785 | $0 | $1,125,090 | $0 | $152,000 | $0 |
| ROBERT A PIKE | ||||||||||||||
| VICE PRESIDENT, MARKET OPERATIONS | $333,990 | $0 | $233,062 | $0 | $36,891 | $0 | $340,284 | $0 | $31,065 | $0 | $975,292 | $0 | $122,500 | $0 |
| ZACHARY G SMITH | ||||||||||||||
| SENIOR VICE PRESIDENT, SYSTEM & RESOURCE PLANNING | $378,217 | $0 | $256,780 | $0 | $35,719 | $0 | $389,612 | $0 | $19,755 | $0 | $1,080,083 | $0 | $131,250 | $0 |
| ROBERT FERNANDEZ | ||||||||||||||
| EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER | $451,802 | $0 | $405,259 | $0 | $56,723 | $0 | $499,299 | $0 | $40,219 | $0 | $1,453,302 | $0 | $190,000 | $0 |
| TODD P ROMANSKY | ||||||||||||||
| MANAGER, IT OPERATIONS & SERVICE MGMT | $193,670 | $0 | $32,236 | $0 | $703 | $0 | $30,863 | $0 | $30,346 | $0 | $287,818 | $0 | $0 | $0 |
| KEVIN PYTEL | ||||||||||||||
| SENIOR MANAGER OF PRODUCT & PROJECT MANAGEMENT | $238,395 | $0 | $36,722 | $0 | $40,381 | $0 | $93,926 | $0 | $29,917 | $0 | $439,341 | $0 | $0 | $0 |
| RYAN SMITH | ||||||||||||||
| DIRECTOR OF IT SOFTWARE TECHNOLOGY | $263,059 | $0 | $118,036 | $0 | $975 | $0 | $171,359 | $0 | $28,846 | $0 | $582,275 | $0 | $53,689 | $0 |
| MICHAEL STAHL | ||||||||||||||
| SENIOR MANAGER IT INFRASTRUCTURE & OPERATIONS | $247,298 | $0 | $39,857 | $0 | $1,744 | $0 | $39,394 | $0 | $31,246 | $0 | $359,539 | $0 | $0 | $0 |
| JON D SAWYER | ||||||||||||||
| DIRECTOR OF OPERATIONS | $229,442 | $0 | $55,162 | $0 | $24,738 | $0 | $154,208 | $0 | $21,450 | $0 | $485,000 | $0 | $52,080 | $0 |
| ERIC ADAMS | ||||||||||||||
| MANAGER, FACILITIES | $180,667 | $0 | $29,588 | $0 | $1,170 | $0 | $29,405 | $0 | $19,755 | $0 | $260,585 | $0 | $0 | $0 |
| JULIANN MADERA | ||||||||||||||
| DIRECTOR OF INTERNAL AUDIT | $228,210 | $0 | $49,815 | $0 | $368 | $0 | $141,325 | $0 | $35,371 | $0 | $455,089 | $0 | $45,885 | $0 |
| KAREN G GACH | ||||||||||||||
| DEPUTY GENERAL COUNSEL | $293,094 | $0 | $222,402 | $0 | $28,873 | $0 | $263,998 | $0 | $29,113 | $0 | $837,480 | $0 | $92,869 | $0 |
| RAYMOND W STALTER | ||||||||||||||
| DIRECTOR, REGULATORY AFFAIRS | $271,625 | $0 | $121,454 | $0 | $2,847 | $0 | $173,330 | $0 | $1,339 | $0 | $570,595 | $0 | $54,653 | $0 |
| PATRICK KELLY | ||||||||||||||
| CONTROLLER & ASSISTANT TREASURER | $213,334 | $0 | $100,325 | $0 | $21,291 | $0 | $141,045 | $0 | $9,793 | $0 | $485,788 | $0 | $47,194 | $0 |
| MATTHEW A ANGLIN | ||||||||||||||
| DIRECTOR OF ENTERPRISE SECURITY & CISO | $230,891 | $0 | $115,541 | $0 | $24,766 | $0 | $158,256 | $0 | $20,296 | $0 | $549,750 | $0 | $52,134 | $0 |
| ALEX M SCHNELL | ||||||||||||||
| ASSISTANT GENERAL COUNSEL | $284,078 | $0 | $46,412 | $0 | $1,976 | $0 | $44,092 | $0 | $20,528 | $0 | $397,086 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 7 Non-fixed payments | AMOUNTS LISTED ON FORM 990, PART VII, FOR NYISO OFFICERS AND EMPLOYEES, INCLUDE PAYMENTS MADE AND ACCRUED PURSUANT TO NYISO'S ANNUAL INCENTIVE PROGRAM AND LONG-TERM INCENTIVE PLAN FOR NYISO OFFICERS AND CERTAIN EMPLOYEES. |
| Schedule J, Part I, Line 3 COMPENSATION OF CEO | TO DETERMINE THE COMPENSATION OF NYISO'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, NYISO, THROUGH COLLABORATION WITH OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS, PERIODICALLY ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION FIRM TO PERFORM A BENCHMARK COMPENSATION ASSESSMENT TO AID NYISO'S BOARD OF DIRECTORS IN THEIR REVIEW OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION. IN ADDITION, AS PART OF THIS COMPENSATION ASSESSMENT, THE FORM 990 OF OTHER RELEVANT ORGANIZATIONS (INCLUDING OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS ) ARE REVIEWED. THE RESULTS OF THIS ASSESSMENT ARE PROVIDED TO THE COMMERCE AND COMPENSATION COMMITTEE OF NYISO'S BOARD OF DIRECTORS FOR REVIEW ANNUALLY. THE COMMERCE AND COMPENSATION COMMITTEE MAKES A RECOMMENDATION REGARDING THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION TO THE BOARD OF DIRECTORS, AND THE BOARD OF DIRECTORS AUTHORIZES THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION ANNUALLY. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER HAS A WRITTEN EMPLOYMENT CONTRACT WITH CONDITIONS APPROVED BY THE BOARD OF DIRECTORS. NYISO COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY THE NYISO'S BOARD OF DIRECTORS, WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT (2) THE BOARD OF DIRECTORS AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE BOARD OF DIRECTORS ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATIONS. |
| Schedule J, Part II, Column (B)(ii) BONUS AND INCENTIVE COMPENSATION | COLUMN B(II) BONUS AND INCENTIVE COMPENSATION INCLUDES AMOUNTS PAID IN 2024 UNDER NYISO'S ANNUAL INCENTIVE PROGRAM AND LONG-TERM INCENTIVE PLAN. NYISO'S LONG TERM INCENTIVE PLAN PROVIDES CERTAIN MEMBERS OF SENIOR MANAGEMENT WITH DEFERRED COMPENSATION BENEFITS. BENEFITS ARE BASED UPON THE ACHIEVEMENT OF THREE-YEAR PERFORMANCE GOALS ESTABLISHED BY THE BOARD OF DIRECTORS. THESE AMOUNTS ARE SUBJECT TO FORFEITURE IF THE EMPLOYEE VOLUNTARILY ENDS THEIR EMPLOYMENT WITH NYISO OR IS TERMINATED FOR CAUSE. LONG TERM INCENTIVE PLAN PAYMENTS ARE PAID IN EQUAL INSTALLMENTS OVER THREE YEARS FOLLOWING COMPLETION OF THE THREE-YEAR CYCLE. A PARTICIPANT IS VESTED IN THAT PORTION OF THE AWARD THAT IS PAYABLE TO THE PARTICIPANT AS OF A DISTRIBUTION DATE. |
| Schedule J, Part II, Column (C) COLUMN C DEFERRED COMPENSATION | COLUMN C REFLECTS "DEFERRED COMPENSATION", WHICH INCLUDES AMOUNTS EARNED AND ACCRUED IN 2024 UNDER THE LONG-TERM INCENTIVE PLAN, 401K CONTRIBUTIONS, THE ANNUAL INCREASE OR DECREASE IN ACTUARIAL VALUE OF ACCRUED PENSION BENEFITS AND ACCRUED POST RETIREMENT BENEFITS. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JAKE FERNANDEZ | |||
| SON OF A NYISO OFFICER | $10,937 | Jake Fernandez held an internship at NYISO, and the amount paid represents compensation for services performed as an employee. Jake Fernandez is not a director or officer of the company and does not meet the Internal Revenue Service definition of a "key employee." Mr. Fernandez is the son of Robert Fernandez, NYISO's Executive Vice President, General Counsel and Chief Compliance Officer | false |
| MEGAN ROMANSKY | |||
| DAUGHTER OF A FORMER KEY EMPLOYEE | $11,520 | Megan Romansky held an internship at NYISO, and the amount paid represents compensation for services performed as an employee. Megan Romansky is not a director or officer of the company and does not meet the Internal Revenue Service definition of a "key employee." Ms. Romansky is the daughter of Todd Romansky, NYISO's Senior Manager, IT Operations and Service Management | false |
| Grace Smith | |||
| DAUGHTER OF A KEY EMPLOYEE | $52,485 | Grace Smith is an Associate Operator at NYISO, and the amount paid represents compensation for services performed as an employee. Grace Smith is not a director or officer of the company and does not meet the Internal Revenue Service definition of a "key employee." Ms. Smith is the daughter of Ryan Smith, NYISO's Director of IT Software Technologies | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 2a TOTAL NUMBER OF INDIVIDUALS EMPLOYED IN CALENDAR YEAR 2024 | NYISO'S RESPONSES TO THESE QUESTIONS INDICATE 714 AS THE TOTAL NUMBER OF EMPLOYEES. AS PER THE FORM 990 INSTRUCTIONS, THIS TOTAL REPRESENTS THE NUMBER OF WAGE FORMS FOR EMPLOYEES (INCLUDING STUDENT INTERNS AND PART-TIME EMPLOYEES) ON NYISO'S PAYROLL AT ANY POINT DURING 2024. THE TOTAL NUMBER OF NYISO EMPLOYEES ON DECEMBER 31, 2024, WAS 628, THE MAJORITY OF WHOM ARE PROFESSIONAL POWER SYSTEM ENGINEERS, NERC CERTIFIED SYSTEM OPERATORS, ACCOUNTANTS, ECONOMISTS AND ATTORNEYS WITH BACHELORS AND/OR POSTGRADUATE DEGREES. ALL NYISO EMPLOYEES HAVE BEEN SUBJECTED TO EXTENSIVE SECURITY REVIEWS, IN COOPERATION WITH THE UNITED STATES DEPARTMENTS OF ENERGY AND HOMELAND SECURITY. |
| Form 990, Part VI, Line 6 MEMBERS OR STOCKHOLDERS | NYISO DOES NOT HAVE ANY MEMBERS OR STOCKHOLDERS WITH OWNERSHIP RIGHTS IN NYISO OR ITS ASSETS. IN ACCORDANCE WITH NYISO'S GOVERNING DOCUMENTS, ENTITIES THAT PARTICIPATE IN THE NYISO-ADMINISTERED MARKETS MAY TAKE PART IN A COMMITTEE PROCESS TO DEVELOP NYISO'S BUDGET AND MODIFICATIONS TO NYISO'S TARIFFS AND PROCEDURES, WHICH ARE THEN RECOMMENDED TO NYISO'S BOARD FOR ITS APPROVAL. NYISO'S BOARD MAINTAINS THE ULTIMATE RESPONSIBILITY FOR THE GOVERNANCE DECISIONS OF NYISO. |
| Form 990, Part VI, Line 7a ELECT MEMBERS OF THE GOVERNING BODY | NYISO'S BOARD OF DIRECTORS MAKES FINAL DETERMINATIONS TO FILL VACANCIES ON THE BOARD. NYISO STAKEHOLDERS PARTICIPATING IN THE MANAGEMENT COMMITTEE ( NYISO'S HIGHEST RANKING STAKEHOLDER COMMITTEE WITH REPRESENTATIVES FROM GENERATION OWNERS, TRANSMISSION OWNERS, END-USE CONSUMERS, PUBLIC POWER/ENVIRONMENTAL PARTIES, AND OTHER SUPPLIERS ) ASSIST IN THIS PROCESS BY CONDUCTING A SEARCH TO IDENTIFY AT LEAST THREE BOARD CANDIDATES FOR EACH VACANCY THAT MEET THE QUALIFICATIONS SPECIFIED IN NYISO'S GOVERNING DOCUMENTS. NYISO'S BOARD MAY SELECT A DIRECTOR FROM THIS LIST, OR IT MAY SEEK A CANDIDATE IDENTIFIED THROUGH ANOTHER SOURCE, SUCH AS AN EXECUTIVE SEARCH FIRM. |
| Form 990, Part VI, Line 7b DECISIONS OF THE GOVERNING BODY | AS A GENERAL RULE, THE DECISIONS OF NYISO'S BOARD ARE NOT SUBJECT TO THE APPROVAL OF NYISO STAKEHOLDERS. NOTE THAT IN ACCORDANCE WITH NYISO'S GOVERNING DOCUMENTS, NYISO STAKEHOLDERS THAT PARTICIPATE IN NYISO'S HIGHEST RANKING STAKEHOLDER COMMITTEE, THE MANAGEMENT COMMITTEE, HAVE TO ENDORSE CHANGES SOUGHT BY NYISO'S BOARD TO NYISO'S TARIFFS AND GOVERNING DOCUMENTS TO BE FILED PURSUANT TO SECTION 205 OF THE FEDERAL POWER ACT WITH NYISO'S CHIEF REGULATOR - THE FEDERAL ENERGY REGULATORY COMMISSION. HOWEVER, NYISO'S BOARD MAY PURSUE SUCH CHANGES WITHOUT THE MANAGEMENT COMMITTEE'S CONCURRENCE BY FILING PURSUANT TO SECTION 206 OF THE FEDERAL POWER ACT. |
| Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body | The NYISO has no committees with authority to act on behalf of the governing body. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | PRIOR TO FILING, NYISO'S FORM 990 IS REVIEWED BY THE CONTROLLER & ASSISTANT TREASURER AND/OR CHIEF FINANCIAL OFFICER AND PRESIDENT & CHIEF EXECUTIVE OFFICER, AS WELL AS LEGAL COUNSEL. FOLLOWING THE COMPLETION OF REVIEWS BY THESE PARTIES, NYISO'S FORM 990 IS PROVIDED TO THE COMMERCE AND COMPENSATION COMMITTEE OF NYISO'S BOARD OF DIRECTORS ALONG WITH THE REST OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. A COMPLETE COPY OF THE FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | NYISO PROVIDES TRAINING FOR NEW EMPLOYEES ON A VARIETY OF COMPLIANCE ISSUES, INCLUDING ITS CONFLICTS OF INTEREST POLICY, AND CONDUCTS ANNUAL REFRESHER TRAINING FOR ALL EMPLOYEES, MANAGEMENT AND BOARD MEMBERS. NYISO ALSO PUBLISHES A PROHIBITED INVESTMENT LIST AT LEAST ANNUALLY AND REQUIRES THAT EMPLOYEES, MANAGEMENT AND BOARD MEMBERS SIGN AN ANNUAL COMPLIANCE CERTIFICATE ACKNOWLEDGING THEIR OBLIGATIONS UNDER THE CODE OF CONDUCT AND CERTIFYING THAT THEY HAVE NO PROHIBITED INVESTMENTS OR BUSINESS OR FINANCIAL CONFLICTS OF INTEREST. FURTHER, NYISO PERIODICALLY CONDUCTS A CONFLICTS OF INTEREST SURVEY TO ENSURE EMPLOYEES ARE IN COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY AND REQUIRE THAT THEY DISCLOSE ANY POSSIBLE CONCERNS TO THE COMPLIANCE OFFICE. EMPLOYEES ALSO HAVE ACCESS TO A COMPLIANCE HOTLINE AND AN EXTERNAL WHISTLEBLOWER SERVICE, SHOULD THEY HAVE A COMPLIANCE QUESTION OR WISH TO REPORT A COMPLIANCE CONCERN. THE COMPLIANCE OFFICE FOLLOWS UP ON REPORTED COMPLIANCE CONCERNS AND ENSURES THAT IDENTIFIED ISSUES ARE HANDLED IN ACCORDANCE WITH NYISO'S POLICIES. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | TO DETERMINE THE COMPENSATION OF NYISO'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, NYISO, THROUGH COLLABORATION WITH OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS, PERIODICALLY ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION FIRM TO PERFORM A BENCHMARK COMPENSATION ASSESSMENT TO AID NYISO'S BOARD OF DIRECTORS IN THEIR REVIEW OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION. SUCH BENCHMARKING ASSESSMENT WAS LAST COMPLETED IN 2024. IN ADDITION, AS PART OF THIS COMPENSATION ASSESSMENT, THE FORM 990 OF OTHER RELEVANT ORGANIZATIONS (INCLUDING OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS) ARE REVIEWED. THE RESULTS OF THIS ASSESSMENT ARE PROVIDED TO THE COMMERCE AND COMPENSATION COMMITTEE OF NYISO'S BOARD OF DIRECTORS FOR REVIEW ANNUALLY. THE COMMERCE AND COMPENSATION COMMITTEE MAKES A RECOMMENDATION REGARDING THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION TO THE BOARD OF DIRECTORS, AND THE BOARD OF DIRECTORS AUTHORIZES THE PRESIDENT AND CHIEF EXECUTIVE OFFICER'S COMPENSATION ANNUALLY. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER HAS A WRITTEN EMPLOYMENT CONTRACT WITH CONDITIONS APPROVED BY THE BOARD OF DIRECTORS. NYISO COMPLIES WITH THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD, AS OUTLINED IN TREASURY REGULATIONS SECTION 53.4958-6: (1) EXECUTIVE COMPENSATION IS AUTHORIZED BY THE NYISO'S BOARD OF DIRECTORS, WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT (2) THE BOARD OF DIRECTORS AUTHORIZING EXECUTIVE COMPENSATION OBTAINS AND RELIES ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING DETERMINATIONS, AND (3) THE BOARD OF DIRECTORS ADEQUATELY DOCUMENTS THE BASIS FOR DETERMINATIONS CONCURRENTLY WITH MAKING THE DETERMINATIONS. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | TO DETERMINE THE COMPENSATION OF NYISO'S OFFICERS, NYISO, THROUGH COLLABORATION WITH OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS, PERIODICALLY ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION FIRM TO PERFORM A BENCHMARK COMPENSATION ASSESSMENT TO AID NYISO'S BOARD OF DIRECTORS IN THEIR REVIEW OF OFFICER'S COMPENSATION. SUCH BENCHMARKING ASSESSMENT WAS LAST COMPLETED IN 2024. IN ADDITION, THE FORM 990 OF OTHER RELEVANT ORGANIZATIONS (INCLUDING OTHER INDEPENDENT SYSTEM OPERATORS AND REGIONAL TRANSMISSION ORGANIZATIONS) ARE REVIEWED. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER PROVIDES THE RESULTS OF THIS ASSESSMENT AND HIS RECOMMENDATIONS TO THE COMMERCE AND COMPENSATION COMMITTEE OF NYISO'S BOARD OF DIRECTORS FOR REVIEW ANNUALLY. THE COMMERCE AND COMPENSATION COMMITTEE WILL MAKE RECOMMENDATIONS REGARDING THE OFFICERS COMPENSATION TO THE BOARD OF DIRECTORS, AND THE BOARD OF DIRECTORS WILL AUTHORIZE THE OFFICERS COMPENSATION ANNUALLY. THIS REVIEW IS PERFORMED ANNUALLY AND INCLUDES CONTEMPORANEOUS DOCUMENTATION OF DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. SIMILARLY, KEY EMPLOYEE POSITIONS ARE PERIODICALLY BENCHMARKED BY INDEPENDENT COMPENSATION FIRMS AND/OR AGAINST SIMILAR POSITIONS IN OTHER ORGANIZATIONS AND INDUSTRIES. |
| Form 990, Part VI, Line 19 Required documents available to the public | NYISO'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PART OF ITS FEDERALLY APPROVED TARIFFS. THESE DOCUMENTS ARE ON FILE AT FERC AND ARE PUBLISHED ON NYISO'S WEBSITE. NYISO'S FINANCIAL STATEMENTS ARE INCLUDED IN AN ANNUAL REPORT, PUBLISHED ON NYISO'S WEBSITE. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | WIND FORECASTING SUBSCRIPTION - Total Revenue: 487976, Related or Exempt Function Revenue: 487976, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; MISCELLANEOUS REIMBURSEMENTS - Total Revenue: 4267, Related or Exempt Function Revenue: 4267, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part IX, Line 11g Other Fees | MARKET MONITORING - Total Expense: 6153903, Program Service Expense: 6153903, Management and General Expenses: 0, Fundraising Expenses: ; PLANNING STUDIES - Total Expense: 11277165, Program Service Expense: 11277165, Management and General Expenses: 0, Fundraising Expenses: ; OTHER CONSULTING SRV - Total Expense: 14902091, Program Service Expense: 14902091, Management and General Expenses: 0, Fundraising Expenses: ; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK INDEPENDENTSYSTEM OPERATOR HEALTH AND WELFARE BENEFIT TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BLVD | AddressLine1Txt |
| City | RENSSELAER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12144 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271623493 | EIN |
| Primary Activities | POSTRTRMT INS | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(9) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK INDEPENDENT SYSTEM OPERATOR HEALTH AND WELFARE BENEFIT TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionTypeTxt |
| Involved | $654,901 | InvolvedAmt |
| Method Of Amount Determination | AMOUNTS PAID | MethodOfAmountDeterminationTxt |