MIDCONTINENT INDEPENDENT SYSTEM OPERATOR INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MIDCONTINENT INDEPENDENT SYSTEM OPERATOR INC (EIN 43-1827033)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-06
- IRS object ID
- 201423109349300532
- Schema version
- 2013v3.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-06T08:53:04-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 4000 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431827033 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDCONTINENT INDEPENDENT SYSTEM | BusinessNameLine1 |
| Business Name Line2 | OPERATOR INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOSEPHINE BIGGERS | InCareOfNm |
| Business Name Control | MIDC | BusinessNameControlTxt |
| Phone | 5132495400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4202 | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | CARMEL | City |
| State | IN | State |
| ZIP Code | 46082 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPHINE BIGGERS | PersonNm |
| Person Title | VICE PRES. | PersonTitleTxt |
| Signature | 2014-11-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN BEAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4202 | AddressLine1 |
| City | CARMEL | City |
| State | IN | State |
| ZIP Code | 46032 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $308,773,686 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.misoenergy.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | MONITOR AND CONTROL ELECTRIC TRANSMISSION SYSTEM TO PROVIDE NON-DISCRI SYSTEM TO PROVIDE NON-DISCRIMINATORY OPEN-ACCESS TO ALL CUSTOMERS AND ENSURE SAFE, RELIABLE, AND EFFICIENT OPERATION FOR THE BENEFIT OF ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 903 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $519,368 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,116,978 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $281,879,274 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $293,825,892 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,045,626 | PYInvestmentIncomeAmt |
| CY Investment Income | $463,460 | CYInvestmentIncomeAmt |
| PY Other Revenue | $15,456,447 | PYOtherRevenueAmt |
| CY Other Revenue | $11,273,963 | CYOtherRevenueAmt |
| PY Total Revenue | $298,900,715 | PYTotalRevenueAmt |
| CY Total Revenue | $308,680,293 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $113,063,352 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $125,263,875 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $185,837,363 | PYOtherExpensesAmt |
| CY Other Expenses | $183,416,418 | CYOtherExpensesAmt |
| PY Total Expenses | $298,900,715 | PYTotalExpensesAmt |
| CY Total Expenses | $308,680,293 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $674,233,858 | TotalAssetsBOYAmt |
| Total Assets EOY | $912,014,925 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $674,233,858 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $912,014,925 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $0 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MONITOR AND CONTROL AN ELECTRIC TRANSMISSION SYSTEM THAT PROVIDES ALL CUSTOMERS WITH OPEN ACCESS TO THE SYSTEM WITHOUT DISCRIMINATION AND ENSURE SAFE, RELIABLE, AND EFFICIENT OPERATION FOR THE BENEFIT OF ALL CUSTOMERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $265,999,740 | ExpenseAmt |
| Revenue | $305,099,855 | RevenueAmt |
| Desc | ON DECEMBER 19, 2001, THE MIDCONTINENT INDEPENDENT SYSTEM OPERATOR, INC. (MISO OR THE COMPANY) BECAME THE NATION'S FIRST REGIONAL TRANSMISSION ORGANIZATION (RTO) APPROVED BY THE FEDERAL ENERGY REGULATORY COMMISSION (THE FERC). AS AN RTO, MISO PROVIDES TRANSMISSION SERVICE ON BEHALF OF ITS MEMBERS WHO OWN TRANSMISSION ASSETS. IN ADDITION, MISO IS A NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC) CERTIFIED RELIABILITY COORDINATOR. IN THAT CAPACITY, MISO MONITORS THE FLOW OF ELECTRICITY OVER THE TRANSMISSION SYSTEMS OF ITS MEMBERS WHO OWN TRANSMISSION ASSETS. MISO WAS INCORPORATED AS A DELAWARE NON-STOCK, NONPROFIT CORPORATION IN MARCH 1998. THE COMPANY IS GOVERNED BY AN INDEPENDENT BOARD OF DIRECTORS. MEMBERSHIP IN MISO IS OPEN TO OWNERS OF ELECTRIC TRANSMISSION FACILITIES AS WELL AS OTHER PARTICIPANTS IN THE ELECTRIC ENERGY MARKET. THIRTY TRANSMISSION OWNERS WITH MORE THAN 65,800 MILES OF TRANSMISSION LINES, 201,390 MEGAWATTS OF ELECTRIC GENERATION, AND APPROXIMATELY $20.0 BILLION IN INSTALLED GROSS TRANSMISSION ASSETS ARE CURRENTLY PARTICIPATINg IN MISO. ON DECEMBER 15, 2001, THE COMPANY BEGAN PROVIDING RELIABILITY COORDINATION SERVICES TO THE TRANSMISSION-OWNING MEMBERS OF MISO AND THEIR CUSTOMERS. ON THE SAME DATE, MISO ALSO BEGAN PROVIDING OPERATIONS PLANNING, GENERATION INTERCONNECTION, MAINTENANCE COORDINATION, LONG-TERM REGIONAL PLANNING, MARKET MONITORING, AND DISPUTE RESOLUTION SERVICES. THE COMPANY COMMENCED SUBSTANTIALLY ALL OPERATIONS ON FEBRUARY 1, 2002, THE DATE MISO BEGAN PROVIDING REGIONAL TRANSMISSION SERVICE UNDER ITS FERC-ACCEPTED OPEN ACCESS TRANSMISSION AND ENERGY MARKETS TARIFF (THE TARIFF). ON APRIL 1, 2005, MISO FORMALLY BEGAN OPERATING ITS MARKET-BASED, CONGESTION MANAGEMENT SYSTEM WHICH FEATURES THE FOLLOWING: O DAY-AHEAD ENERGY MARKET O REAL-TIME ENERGY MARKET O FINANCIAL TRANSMISSION RIGHTS (FTR) MARKET THE DAY-AHEAD AND REAL-TIME ENERGY MARKETS ARE DESIGNED TO RELIABLY MAKE THE MOST EFFICIENT USE OF ALL GENERATION AND TRANSMISSION RESOURCES WITHIN THE REGION BASED ON BIDS AND OFFERS SUBMITTED BY MARKET PARTICIPANTS. THE DAY-AHEAD AND REAL-TIME ENERGY MARKETS PRICE TRANSMISSION SYSTEM CONGESTION THROUGH THE USE OF LOCATIONAL MARGINAL PRICING (LMP) ALGORITHMS. FTRS PROVIDE A MEANS OF HEDGING LMP-BASED CONGESTION COSTS. ON JANUARY 6, 2009, MISO BEGAN OPERATING A MARKET FOR ANCILLARY SERVICES. THE ANCILLARY SERVICES MARKET INTEGRATES THE PROCUREMENT AND USE OF REGULATION AND CONTINGENCY RESERVES WITH THE EXISTING REAL-TIME ENERGY MARKET. MISO ALSO BECAME AN NERC-CERTIFIED BALANCING AUTHORITY ON JANUARY 6, 2009. On December 1, 2012, MISO assumed the role of the independent coordinator of transmission (ICT) for the Entergy system from Southwest Power Pool (SPP) effective until Entergy fully integrated into MISO on December 19, 2013. As ICT for the Entergy region, MISO served as the reliability coordinator and tariff administrator, managed long-term transmission planning, and conducted Entergy's weekly power procurement process. On December 19, 2013, a four-state region of the electric grid across the South integrated into MISO's existing footprint in the Midwest adding over 18,000 miles of transmission and 50,000 megawatts of generation capacity. The integration added 10 new transmission owning companies, six local balancing authorities, and 33 new market participants from Mississippi, Louisiana, Arkansas, Texas, and Missouri to MISO. This new region - referred to as MISO South - includes the following transmission owners and local balancing authorities: Entergy (Arkansas, Mississippi, Louisiana, Texas, Gulf States, and New Orleans), Cleco Corp. (CLECO), Lafayette Utilities System, Louisiana Energy and Power Authority, Louisiana Generating, South Mississippi Electric Power Association (SMEPA), and East Texas Electric Cooperative (ETEC). | Desc |
| Total Program Service Expenses | $265,999,740 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | 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 | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| 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 | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 186 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 903 | 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 |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | 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 | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| 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 |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPHINE BIGGERS | PersonNm |
| Phone | 3172495400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POBOX 4202 | AddressLine1 |
| City | CARMEL | City |
| State | IN | State |
| ZIP Code | 46032 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Paul Feldman | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $120,500 | $0 | $15,000 | ||
| J Michael Evans | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $129,625 | $0 | $15,000 | ||
| Michael Curran | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $135,625 | $0 | $15,000 | ||
| Judy Walsh | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $120,916 | $0 | $15,000 | ||
| Baljit Dail | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $123,750 | $0 | $15,000 | ||
| Shelley Longmuir | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $135,083 | $0 | $15,000 | ||
| Eugene Zeltmann | ||||||||
| DIRECTOR | 6.0 | 0.0 | Yes (X) | $131,000 | $0 | $15,000 | ||
| John Bear | ||||||||
| PRESIDENT & CEO | 40.0 | 0.0 | Yes (X) | $1,741,490 | $0 | $294,282 | Yes (X) | |
| Richard Doying | ||||||||
| Exec VP Ops and Corp | 40.0 | 0.0 | $712,834 | $0 | $95,716 | Yes (X) | ||
| Bryan Kearney | ||||||||
| VP - INFo Svcs (thru 5/13/13) | 40.0 | 0.0 | $555,765 | $0 | $123,307 | Yes (X) | ||
| Stephen Kozey | ||||||||
| SR VP - Lgl & Compliance SVCS | 40.0 | 0.0 | $789,173 | $0 | $125,697 | Yes (X) | ||
| Clair Moeller | ||||||||
| Exec VP - Transmisson & Tech | 40.0 | 0.0 | $765,336 | $0 | $122,169 | Yes (X) | ||
| William Phillips | ||||||||
| VP - RELIABILITY & SECUR. REL. | 40.0 | 0.0 | $526,356 | $0 | $79,970 | Yes (X) | ||
| Greg Powell | ||||||||
| VP - HUMAN RESOURCES | 40.0 | 0.0 | $455,252 | $0 | $85,731 | Yes (X) | ||
| Loyd A Warnock | ||||||||
| Sr VP - External Affairs | 40.0 | 0.0 | $705,180 | $0 | $92,905 | Yes (X) | ||
| Robert B Berntsen | ||||||||
| VP - Policy and Public Affairs | 40.0 | 0.0 | $360,720 | $0 | $61,950 | Yes (X) | ||
| Jennifer Curran | ||||||||
| VP - Transmissions | 40.0 | 0.0 | $341,614 | $0 | $59,542 | Yes (X) | ||
| Joseph Gardner | ||||||||
| VP Forward Markets and Ops | 40.0 | 0.0 | $361,347 | $0 | $67,091 | Yes (X) | ||
| Todd Hillman | ||||||||
| VP - CUST & STKHLDR RELATIONS | 40.0 | 0.0 | $346,975 | $0 | $58,644 | Yes (X) | ||
| Todd Ramey | ||||||||
| VP System Ops and Markets | 40.0 | 0.0 | $360,946 | $0 | $67,267 | Yes (X) | ||
| Richard Schug | ||||||||
| VP Stragegy & Business Develop | 40.0 | 0.0 | $335,420 | $0 | $58,442 | Yes (X) | ||
| Josephine Biggers | ||||||||
| VP of Finance | 40.0 | 0.0 | $449,915 | $0 | $69,245 | Yes (X) | ||
| Kurt W Bilas | ||||||||
| Exec Dir Gov't Relations | 40.0 | 0.0 | $306,454 | $0 | $37,696 | Yes (X) | ||
| Lori Spence | ||||||||
| Deputy General Counsel | 40.0 | 0.0 | $312,371 | $0 | $35,647 | Yes (X) | ||
| Gregory Troxell | ||||||||
| Assistant General Counsel | 40.0 | 0.0 | $299,845 | $0 | $31,808 | Yes (X) | ||
| Douglas Chapman | ||||||||
| Exec Dir IT Infrastructure | 40.0 | 0.0 | $294,417 | $0 | $37,174 | Yes (X) | ||
| Christopher Hoffman | ||||||||
| Shift Manager | 40.0 | 0.0 | $265,575 | $0 | $29,726 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $11,183,484 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,739,009 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 376 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Alstom Grid Inc | |||||
| 10865 WILLOWS ROAD | REDMOND | WA | 98052 | SOFTWARE SERVICES | $11,910,828 |
| MONUMENT CONSULTING | |||||
| 3659 WESTMERRE PKWY | RICHMOND | VA | 23233 | Prof svcs/consulting | $7,639,519 |
| UTILICAST | |||||
| PO BOX 38 | KIRKLAND | WA | 98083 | prof svcs/consulting | $5,693,897 |
| VENABLE BAETJER | |||||
| PO BOX 62727 | BALTIMORE | MD | 21264 | LEGAL SERVICES | $4,558,430 |
| POTOMAC ECONOMICS | |||||
| 9990 FAIRFAX BLVD | FAIRFAX | VA | 22030 | indep mrkt mntr svcs | $3,907,413 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 70 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $0 | FundraisingAmt |
| Government Grants | $3,116,978 | GovernmentGrantsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $3,116,978 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Cost Recovery Adder | 525990 | $232,035,797 | $232,035,797 | $0 | $0 |
| FERC Assessment | 525990 | $34,701,005 | $34,701,005 | $0 | $0 |
| Other Tariff Services | 525990 | $3,887,387 | $3,887,387 | $0 | $0 |
| Contract Revenue | 525990 | $15,506,084 | $15,506,084 | $0 | $0 |
| Engineering Studies | 525990 | $4,739,249 | $4,739,249 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,956,370 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,956,370 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $293,825,892 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $502,053 | TotalRevenueColumnAmt |
| Exclusion | $502,053 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
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 |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $54,800 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $93,393 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$38,593 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$38,593 | TotalRevenueColumnAmt |
| Exclusion | -$38,593 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Regulatory Credits | 900099 | $10,383,609 | $10,383,609 | $0 | $0 |
| OTHER INCOME | 900099 | $890,354 | $890,354 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,273,963 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $308,680,293 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $305,099,855 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $463,460 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,958,216 | TotalAmt |
| Program Services | $3,626,188 | ProgramServicesAmt |
| Management And General | $4,332,028 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,005,841 | TotalAmt |
| Program Services | $75,189,502 | ProgramServicesAmt |
| Management And General | $15,816,339 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,680,865 | TotalAmt |
| Program Services | $5,684,619 | ProgramServicesAmt |
| Management And General | $1,996,246 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,905,041 | TotalAmt |
| Program Services | $9,536,971 | ProgramServicesAmt |
| Management And General | $2,368,070 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,713,912 | TotalAmt |
| Program Services | $5,686,871 | ProgramServicesAmt |
| Management And General | $1,027,041 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,129 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $151,129 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,429,411 | TotalAmt |
| Program Services | $7,509,651 | ProgramServicesAmt |
| Management And General | $1,919,760 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,423 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $158,423 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
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 |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,091,666 | TotalAmt |
| Program Services | $26,124,319 | ProgramServicesAmt |
| Management And General | $5,967,347 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,670,536 | TotalAmt |
| Program Services | $7,435,288 | ProgramServicesAmt |
| Management And General | $1,235,248 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,607,868 | TotalAmt |
| Program Services | $17,454,174 | ProgramServicesAmt |
| Management And General | $153,694 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,108,934 | TotalAmt |
| Program Services | $10,738,390 | ProgramServicesAmt |
| Management And General | $2,370,544 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,302,711 | TotalAmt |
| Program Services | $2,978,622 | ProgramServicesAmt |
| Management And General | $2,324,089 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,662 | TotalAmt |
| Program Services | $144,242 | ProgramServicesAmt |
| Management And General | $112,420 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,568,143 | TotalAmt |
| Program Services | $8,568,143 | ProgramServicesAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,668,109 | TotalAmt |
| Program Services | $49,668,109 | ProgramServicesAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,959,034 | TotalAmt |
| Program Services | $75,110 | ProgramServicesAmt |
| Management And General | $1,883,924 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FERC Assessment | $34,701,005 | $34,701,005 | $0 | $0 |
| MEMBERSHIP/DUES | $592,848 | $315,424 | $277,424 | $0 |
| HIRING/RETENTION COSTS | $578,343 | $409,763 | $168,580 | $0 |
| BANK CHARGES | $280,503 | $280,503 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,093 | TotalAmt |
| Program Services | $153,349 | ProgramServicesAmt |
| Management And General | $137,744 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,680,293 | TotalAmt |
| Program Services | $265,999,740 | ProgramServicesAmt |
| Management And General | $42,680,553 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Joint Costs TotalJointCostsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $952,870 | BOYAmt |
| EOY | $6,904,364 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,314,389 | BOYAmt |
| EOY | $667,872,952 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,698,932 | BOYAmt |
| EOY | $26,729,872 | 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 | $639 | BOYAmt |
| EOY | $69,357 | 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 | $9,124,272 | BOYAmt |
| EOY | $9,529,008 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $478,779,428 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $328,537,576 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,052,608 | BOYAmt |
| EOY | $150,241,852 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
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 | $74,090,148 | BOYAmt |
| EOY | $50,667,520 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $674,233,858 | BOYAmt |
| EOY | $912,014,925 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,062,083 | BOYAmt |
| EOY | $113,415,340 | 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 | $71,305,291 | BOYAmt |
| EOY | $57,301,654 | 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 | $0 | BOYAmt |
| EOY | $0 | 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 | $795,815 | BOYAmt |
| EOY | $627,445 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,999,995 | BOYAmt |
| EOY | $217,857,142 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $340,070,674 | BOYAmt |
| EOY | $522,813,344 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $674,233,858 | BOYAmt |
| EOY | $912,014,925 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| 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 | $674,233,858 | BOYAmt |
| EOY | $912,014,925 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,774,753 | OtherCostOrOtherBasisAmt |
| Book Value | $4,774,753 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,726,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,654,156 | DepreciationAmt |
| Book Value | $53,072,481 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,752,989 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,656,304 | DepreciationAmt |
| Book Value | $4,096,685 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $60,791,313 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,375,899 | DepreciationAmt |
| Book Value | $30,415,414 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $336,733,736 | OtherCostOrOtherBasisAmt |
| Depreciation | $278,851,217 | DepreciationAmt |
| Book Value | $57,882,519 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $150,241,852 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED REGULATORY ASSET | $29,084,545 |
| CONSTRUCTION IN PROCESS | $21,582,975 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $50,667,520 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS - ST | $420,359,177 |
| MARKET PARTICIPANTS LIABILITY | $93,536,602 |
| OBLIGATIONS UNDER CAPITAL LEASE | $8,917,565 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $522,813,344 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $298,296,684 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $298,296,684 | RevenueSubtotalAmt |
| Other Revenues Not Included | $10,383,609 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,383,609 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $308,680,293 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $308,680,293 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $308,680,293 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $308,680,293 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART XIII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | GAIN ON DEFERRED REGULATORY ASSET - $10,383,609 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 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 Doying | ||||||||||||||
| Exec VP Ops and Corp | $329,755 | $0 | $312,796 | $0 | $70,283 | $0 | $84,637 | $0 | $11,079 | $0 | $808,550 | $0 | $44,959 | $0 |
| Bryan Kearney | ||||||||||||||
| VP - INFo Svcs (thru 5/13/13) | $109,175 | $0 | $226,097 | $0 | $220,493 | $0 | $120,899 | $0 | $2,408 | $0 | $679,072 | $0 | $0 | $0 |
| Stephen Kozey | ||||||||||||||
| SR VP - Lgl & Compliance SVCS | $361,326 | $0 | $341,773 | $0 | $86,074 | $0 | $105,978 | $0 | $19,719 | $0 | $914,870 | $0 | $72,281 | $0 |
| Clair Moeller | ||||||||||||||
| Exec VP - Transmisson & Tech | $354,179 | $0 | $335,294 | $0 | $75,863 | $0 | $107,209 | $0 | $14,960 | $0 | $887,505 | $0 | $46,660 | $0 |
| William Phillips | ||||||||||||||
| VP - RELIABILITY & SECUR. REL. | $260,832 | $0 | $190,412 | $0 | $75,112 | $0 | $69,429 | $0 | $10,541 | $0 | $606,326 | $0 | $38,241 | $0 |
| Greg Powell | ||||||||||||||
| VP - HUMAN RESOURCES | $252,750 | $0 | $179,320 | $0 | $23,182 | $0 | $66,615 | $0 | $19,116 | $0 | $540,983 | $0 | $13,066 | $0 |
| Loyd A Warnock | ||||||||||||||
| Sr VP - External Affairs | $311,990 | $0 | $244,855 | $0 | $148,335 | $0 | $78,327 | $0 | $14,578 | $0 | $798,085 | $0 | $43,896 | $0 |
| Robert B Berntsen | ||||||||||||||
| VP - Policy and Public Affairs | $235,250 | $0 | $117,045 | $0 | $8,425 | $0 | $42,843 | $0 | $19,107 | $0 | $422,670 | $0 | $0 | $0 |
| Jennifer Curran | ||||||||||||||
| VP - Transmissions | $215,703 | $0 | $114,228 | $0 | $11,683 | $0 | $40,611 | $0 | $18,931 | $0 | $401,156 | $0 | $0 | $0 |
| Joseph Gardner | ||||||||||||||
| VP Forward Markets and Ops | $230,313 | $0 | $123,657 | $0 | $7,377 | $0 | $47,797 | $0 | $19,294 | $0 | $428,438 | $0 | $0 | $0 |
| Todd Hillman | ||||||||||||||
| VP - CUST & STKHLDR RELATIONS | $202,300 | $0 | $117,632 | $0 | $27,043 | $0 | $39,352 | $0 | $19,292 | $0 | $405,619 | $0 | $0 | $0 |
| Todd Ramey | ||||||||||||||
| VP System Ops and Markets | $215,750 | $0 | $122,477 | $0 | $22,719 | $0 | $47,897 | $0 | $19,370 | $0 | $428,213 | $0 | $0 | $0 |
| Richard Schug | ||||||||||||||
| VP Stragegy & Business Develop | $200,850 | $0 | $116,211 | $0 | $18,359 | $0 | $39,527 | $0 | $18,915 | $0 | $393,862 | $0 | $0 | $0 |
| Kurt W Bilas | ||||||||||||||
| Exec Dir Gov't Relations | $207,360 | $0 | $100,012 | $0 | -$918 | $0 | $18,478 | $0 | $19,218 | $0 | $344,150 | $0 | $0 | $0 |
| Lori Spence | ||||||||||||||
| Deputy General Counsel | $213,750 | $0 | $99,504 | $0 | -$883 | $0 | $16,391 | $0 | $19,256 | $0 | $348,018 | $0 | $0 | $0 |
| Gregory Troxell | ||||||||||||||
| Assistant General Counsel | $201,909 | $0 | $95,097 | $0 | $2,839 | $0 | $17,911 | $0 | $13,897 | $0 | $331,653 | $0 | $0 | $0 |
| Douglas Chapman | ||||||||||||||
| Exec Dir IT Infrastructure | $215,512 | $0 | $83,617 | $0 | -$4,712 | $0 | $18,552 | $0 | $18,622 | $0 | $331,591 | $0 | $0 | $0 |
| Christopher Hoffman | ||||||||||||||
| Shift Manager | $242,618 | $0 | $26,972 | $0 | -$4,015 | $0 | $10,913 | $0 | $18,813 | $0 | $295,301 | $0 | $0 | $0 |
| Michael Curran | ||||||||||||||
| DIRECTOR | $135,625 | $0 | $0 | $0 | $0 | $0 | $15,000 | $0 | $0 | $0 | $150,625 | $0 | $0 | $0 |
| Shelley Longmuir | ||||||||||||||
| DIRECTOR | $135,083 | $0 | $0 | $0 | $0 | $0 | $15,000 | $0 | $0 | $0 | $150,083 | $0 | $0 | $0 |
| John Bear | ||||||||||||||
| PRESIDENT & CEO | $652,000 | $0 | $877,832 | $0 | $211,658 | $0 | $281,472 | $0 | $12,810 | $0 | $2,035,772 | $0 | $175,986 | $0 |
| Josephine Biggers | ||||||||||||||
| VP of Finance | $239,160 | $0 | $176,373 | $0 | $34,382 | $0 | $57,040 | $0 | $12,205 | $0 | $519,160 | $0 | $13,823 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1 | FormAndLineReferenceDesc |
| Explanation | THE MIDCONTINENT ISO PROVIDED CHARTER TRAVEL DURING 2013. A COST-BENEFIT ANALYSIS AS WELL AS NON-QUANTITATIVE FACTORS WERE CONSIDERED EACH INSTANCE CHARTER TRAVEL WAS USED. TRAVEL FOR COMPANIONS WAS PROVIDED FOR BUSINESS PURPOSES. TAXABLE DISCRETIONARY SPENDING ACCOUNTS WERE ALSO PROVIDED TO OFFICERS FOR HOME OFFICE ITEMS, LIFE INSURANCE, UNREIMBURSED MEDICAL EXPENSES AND OTHER ELIGIBLE EXPENSES. REIMBURSEMENT OF TAXABLE RELOCATION EXPENSES THAT ARE NOT DEDUCTIBLE OR EXCLUDABLE ARE GROSSED-UP FOR ALL OFFICERS. MANAGEMENT APPROVAL IS REQUIRED FOR ALL OTHER EMPLOYEES. A RESIDENCE (APARTMENT) IN CARMEL IS AVAILABLE FOR OFFICERS THAT DO NOT LIVE IN CARMEL IN LIEU OF HOTEL AFTER A COST-BENEFIT ANALYSIS WAS DONE AND REVEALED IT WAS MORE COST EFFECTIVE. FORM 990, SCHEDULE J, PART I, LINE 4A Brian Kearney received a severance package of $296,000. He received $185,000 in 2013 with the remainder to be paid out in 2014. The agreement included reimbursement for 100% of Brian's COBRA costs, which were approximately $10,018. In addition, Brian received a SERP payout in the amount of $85,264. NON-QUALIFIED DEFERRED COMPENSATION PLAN FORM 990, SCHEDULE J, PART I, LINE 4B PAUL J. FELDMAN $ 15,000 J. MICHAEL EVANS $ 15,000 MICHAEL J. CURRAN $ 15,000 JUDY WALSH $ 15,000 BALJIT DAIL $ 15,000 SHELLEY A. LONGMUIR $ 15,000 EUGENE ZELTMANN $ 15,000 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN SECTION 457(F) FORM 990, SCHEDULE J, PART I, LINE 4B JOHN R. BEAR $258,776 JOSEPHINE A. BIGGERS $ 34,389 JENNIFER CURRAN $ 20,423 RICHARD L. DOYING $ 61,871 JOSEPH GARDnER $ 28,517 BRYAN KEARNEY $ 23,101 STEPHEN G. KOZEY $ 83,028 CLAIRE J. MOELLER $ 85,052 WILLIAM C. PHILLIPS $ 49,469 GREGORY L. POWELL $ 45,259 The amount of Employer Contributions credited to a Participant's SERP Account for a given Plan Year shall be equal to the following amounts reduced by the sum of: (1) fixed percentage employer contributions made under the Midwest ISO Employees' Retirement Savings Plan equal to 6% of an active Participant's Compensation as defined under the Midwest ISO Employees' Retirement Savings Plan, and (2) the Employer's OASDI Contribution applicable to the Participant's Plan Year Compensation: A. 14% of Plan Year Compensation paid for those Participants under age forty-five (45); B. 16% of Plan Year Compensation paid for those Participants age forty-five (45) to age fifty-four (54); and C. 19% of Plan Year Compensation paid for those Participants age fifty-five (55) and older. For the purpose of determining the Employer Contribution, the Participant's Plan Year Compensation shall be prorated for a partial Plan Year of active participation. A Participant's age for the purpose of determining such Employer Contributions shall be determined as of the end of the Plan Year for which the contributions are made. The Employer may, at its sole discretion, make additional contributions for any one Participant or all Participants. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SUPPLEMENTAL INFORMATION | DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, QUESTION 6 A MEMBER CAN BE A REPRESENTATIVE OF ONE ENTITY OR MAY BE A SINGLE MEMBERSHIP REPRESENTING SEVERAL ENTITIES THAT SHARE A MEMBERSHIP AND HOLD A SINGLE VOTE. APPLICANTS MAY JOIN ONE OF NINE SECTORS: TRANSMISSION OWNER; INDEPENDENT POWER PRODUCERS AND EXEMPT WHOLESALE GENERATORS; POWER MARKETERS AND BROKERS; MUNICIPALS, COOPERATIVES, AND TRANSMISSION DEPENDENT UTILITIES; PUBLIC CONSUMER ADVOCATES; STATE REGULATORY AUTHORITIES; ENVIRONMENTAL/OTHER ADVOCATES; ELIGIBLE END USE CUSTOMERS; OR COORDINATING MEMBERS. |
| FORM 990, PART VI, QUESTION 7A | ARTICLE TWO, SECTION V(B)(5) OF THE TRANSMISSION OWNERS AGREEMENT SETS OUT THE VOTING RIGHTS OF ALL MEMBERS OF THE MIDCONTINENT ISO. MEMBERS ARE DEFINED IN THE TRANSMISSION OWNERS AGREEMENT AS A "PERSON OR BUSINESS ENTITY WHICH IS (I) AN ELIGIBLE CUSTOMER, AS DEFINED IN THE TARIFF, OR (II) AN OWNER, AS DEFINED HEREIN, AND WHICH PAYS TO THE MIDCONTINENT ISO, THE NON-REFUNDABLE MEMBERSHIP FEES AS REQUIRED HEREIN. |
| FORM 990, PART VI, QUESTION 11B | THE VICE PRESIDENT - FINANCE, PRESIDENT & CEO, AND LEGAL DEPARTMENT COMPLETE THE INITIAL REVIEW. THE BOARD OF DIRECTORS IS THEN PRESENTED WITH COPIES AND ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND PROVIDE COMMENTS TO THE EXECUTIVE TEAM BEFORE THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PART VI, QUESTION 12C | THIS POLICY IS IN THE EMPLOYEE HANDBOOK. THE HANDBOOK IS REVIEWED AT NEW HIRE ORIENTATION. ALL NEW HIRES SIGN AN EMPLOYEE HANDBOOK RECEIPT THAT THEY HAVE READ AND UNDERSTAND THE HANDBOOK. THE EMPLOYEE HANDBOOK IS ALSO PART OF THE EMPLOYEE ANNUAL RECERTIFICATION. EACH EMPLOYEE MUST CERTIFY THAT HE/SHE HAS REVIEWED AND AGREES TO COMPLY WITH MIDCONTINENT ISO POLICIES. IN ADDITION, EACH EMPLOYEE, OFFICER, AND DIRECTOR ANNUALLY RECERTIFIES THAT THEY ARE COMPLIANT WITH THE EMPLOYEE HANDBOOK AND ITS CONFLICTS OF INTEREST PROVISIONS. EACH YEAR, MISO COMPLETES THE RECERTIFICATION PROCESS WITH A SHORT TEST TO ASSURE EMPLOYEES HAVE READ AND UNDERSTAND THE CONTENT OF THE RECERTIFICATION. |
| FORM 990, PART VI, QUESTION 15A AND 15B | THE BOARD RETAINS THE SERVICE OF EXPERT OUTSIDE EXECUTIVE COMPENSATION CONSULTANTS ("THE CONSULTANTS") IN THE REVIEW OF OFFICER COMPENSATION. ANNUALLY, THE CONSULTANTS PERFORM A FULL AND INDEPENDENT STUDY OF ALL OFFICER DIRECT COMPENSATION (BASE PLUS INCENTIVES). THE CONSULTANTS CONSIDER THE LEVEL OF COMPENSATION RELATIVE TO THE DUTIES PERFORMED; THE CURRENT COMPETITIVE MARKET FOR SIMILAR SKILLS, KNOWLEDGE, AND RESPONSIBILITY; AND OTHER STRATEGIC NEEDS IDENTIFIED BY THE BOARD OF DIRECTORS. THE CONSULTANTS PREPARE AND DELIVER A FULL DETAILED REPORT TO THE HUMAN RESOURCES COMMITTEE OF THE BOARD ("HRC") FOR EACH OFFICER POSITION. THIS REPORT INCLUDES RECOMMENDATIONS FOR DIRECT COMPENSATION CHANGES. THE HRC COMBINES THE RECOMMENDATIONS OF THE CONSULTANTS WITH EVALUATIONS OF OFFICER PERFORMANCE TO RECOMMEND APPROPRIATE COMPENSATION LEVELS TO THE BOARD OF DIRECTORS FOR APPROVAL. ANNUALLY THE CONSULTANT PREPARES A LETTER OF "REASONABLENESS" OF THE TOTAL REMUNERATION PACKAGE FOR OFFICERS OF THE COMPANY. THIS LETTER IS CONSISTENT WITH THE GUIDELINES OF SECTION 4958 OF THE INTERNAL REVENUE CODE. THIS LETTER CERTIFIES THAT IN THE "REASONED OPINION" OF THE CONSULTANT AS AN "INDEPENDENT EVALUATION EXPERT" THE COMPENSATION AND BENEFITS PROVIDED TO THE OFFICERS REPRESENT "REASONABLE COMPENSATION." THE HRC REVIEWS ALL METRICS, RESULTS, AND ACTUAL INCENTIVES FROM MIDCONTINENT ISO ANNUAL AND LONG-TERM INCENTIVE PLANS. NO INCENTIVES ARE PAID UNTIL RECOMMENDED BY THE HRC AND APPROVED BY THE BOARD. THE HRC REVIEWS AND RECOMMENDS ANY NEW OR MODIFIED EMPLOYMENT CONTRACTS WITH THE PRESIDENT, CEO AND OFFICERS, INCLUDING RETENTION AGREEMENTS WHICH THEN MUST BE APPROVED BY THE BOARD. FROM TIME TO TIME, THE HRC WILL RETAIN THE SERVICES OF OUTSIDE EXPERTS TO EVALUATE AND MAKE RECOMMENDATIONS TO THE LEVEL AND TYPE OF SPECIFIC COMPENSATION AND BENEFIT ITEMS. THE HRC ROUTINELY REPORTS TO AND, IF REQUIRED, OBTAINS APPROVAL FROM THE FULL BOARD ON THESE MATTERS. |
| FORM 990, PART VI, QUESTION 19 | THE MIDCONTINENT ISO'S GOVERNING DOCUMENTS CAN BE FOUND ON OUR WEBSITE UNDER "LIBRARY" TAB. THESE DOCUMENTS ARE THE TARIFF AND THE TRANSMISSION OWNERS AGREEMENT WHICH INCLUDES THE COMPANY'S STANDARDS OF CONDUCT (APPENDIX A) AND THE COMPANY'S BYLAWS (APPENDIX F). THESE DOCUMENTS ARE ALSO FILED WITH AND AVAILABLE ON THE FERC'S WEBSITE AT WWW.FERC.GOV IN THE ELIBRARY. THE FINANCIAL STATEMENTS OF THE MIDCONTINENT ISO ARE CONTAINED IN THE COMPANY'S ANNUAL REPORT WHICH IS ALSO LOCATED ON OUR WEBSITE AT WWW.MISOENERGY.ORG. |