ISO NEW ENGLAND INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ISO NEW ENGLAND INC (EIN 04-3372500)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-07
IRS object ID: 201312249349302151
Schema version: 2012v2.0
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 K
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-07T11:34:10-07:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	043372500	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ISO NEW ENGLAND INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ISON	NameControl
Phone	4135354000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	One Sullivan Road	AddressLine1
City	Holyoke	City
State	MA	State
ZIP Code	010402841	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Robert Ludlow	Name
Title	VP, Chief Fin'l and Compl Officer	Title
Phone	4135354000	Phone
Date Signed	2013-08-12	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Gordon van Welie CEO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	One Sullivan Road	AddressLine1
City	Holyoke	City
State	MA	State
ZIP Code	010402841	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	148848236	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.iso-ne.com	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1997	YearFormation
State Legal Domicile	DE	StateLegalDomicile
Activity Or Mission Description	The Corporation is organized and operated exclusively for charitable purposes including the following, to (i) maintain the reliability of the bulk power and transmission system in New England by, among other things, exercising operational authority over the bulk transmission facilities, (ii) administer and seek to enhance sustainable, competitive and efficient energy markets, and (iii) provide non-discriminatory, open-access transmission service.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	600	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	309118	ContributionsGrantsPriorYear
Contributions Grants Current Year	534206	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	139197542	ProgramServiceRevenuePriorYear
Program Service Revenue CY	148217455	ProgramServiceRevenueCY
Investment Income Prior Year	57282	InvestmentIncomePriorYear
Investment Income Current Year	96575	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	139563942	TotalRevenuePriorYear
Total Revenue Current Year	148848236	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	59165	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	39167	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	80112556	SalariesEtcPriorYear
Salaries Etc Current Year	89154256	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	59392221	OtherExpensePriorYear
Other Expenses Current Year	59654813	OtherExpensesCurrentYear
Total Expenses Prior Year	139563942	TotalExpensesPriorYear
Total Expenses Current Year	148848236	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	0	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	0	RevenuesLessExpensesCY
Total Assets BOY	536350630	TotalAssetsBOY
Total Assets EOY	503520545	TotalAssetsEOY
Total Liabilities BOY	536350630	TotalLiabilitiesBOY
Total Liabilities EOY	503520545	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	0	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	0	NetAssetsOrFundBalancesEOY
Mission Description	The Corporation is organized and operated exclusively for charitable purposes including the following, to (i) maintain the reliability of the bulk power and transmission system in New England by, among other things, exercising operational authority over the bulk transmission facilities, (ii) administer and seek to enhance sustainable, competitive and efficient energy markets, and (iii) provide non-discriminatory, open-access transmission service.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	57923615	Expense
Grants	20000	Grants
Revenue	66448086	Revenue
Description	Reference Line 4a: The fair administration of New England's wholesale electricity markets (referenced to as the "Energy Administration Service" or "EAS") including: the operation of the energy markets; generation and demand dispatch related to the energy markets; energy accounting; loss determination and allocation; billing preparation; market power monitoring and mitigation; sanctions activities; operation of auctions for financial transmission rights; market assessments and reports; and the formulation of additional and modified energy market rules and procedures.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	40262084	Expense
Grants	19167	Grants
Revenue	46182631	Revenue
Description	Reference Line 4b: The management of a comprehensive regional bulk power system planning process (referenced to as the Reliability Administration Services or "RAS") including: the administration of the Reliability Markets (and facilitate reliability-associated transactions and arrangements) in accordance with ISO New England's Administrative Cost Services Tariff and the corresponding rules promulgated thereunder, and to provide other reliability and informational services.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	31108084	Expense
Grants	0	Grants
Revenue	35676836	Revenue
Description	Reference Line 4c: Ensure the efficient use and reliable operation of New England's electricity transmission system. The Scheduling, System Control and Dispatch Service (referenced to as "Scheduling Service") is the service required to schedule at the regional level the movement of power through, out of, within or into the New England Control Area.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	129293783	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	1	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	142	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	600	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	1	InvestmentInJointVenture
Written Policy Or Procedure	0	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Robert C Ludlow	NamePerson
Telephone Number	4135354014	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	One Sullivan Road	AddressLine1
City	Holyoke	City
State	MA	State
ZIP Code	010402841	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (43 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Vickie VanZandt
Director	4	X	94400	0	0
Roberta S Brown
Director	4	X	99300	0	0
Paul F Levy
Director	5	X	101700	0	0
V Louise McCarren
Vice Chair, Board of Directors	5	X	67800	0	0
Christopher Wilson
Director	5	X	107500	0	0
Kathryn J Jackson
Director	5	X	101700	0	0
David J Vitale
Chairman, Board of Directors	3	X	93700	0	0
Philip Shapiro
Director	5	X	102900	0	0
Raymond Hill
Director	5	X	105300	0	0
Kathleen Q Abernathy
Director	3	X	35600	0	0
Gordon van Welie
President, and Chief Executive Officer	45	X	1213369	0	401025	X
Vamsi K Chadalavada
Executive V.P. and Chief Operating Officer	45		781246	0	258379	X
Robert C Ludlow
V.P. Chief Financial & Compliance Officer	45		556029	0	196679	X
Raymond W Hepper
V.P. General Counsel & Corp. Secretary	45		492983	0	179462	X
Janice S Dickstein
V.P. Human Resources	45		436933	0	160442	X
Peter T Brandien
V.P. System Operations	45		456218	0	158917	X
Kevin A Kirby
V.P. Market Operations	50		402722	0	162767	X
David LaPlante
V.P. Market Monitoring	49		392624	0	324010	X
Stephen J Rourke
V.P. System Planning	50		403334	0	180444	X
Jamshid A Afnan
V.P. Information Services	45		368966	0	336357	X
Robert G Ethier
V.P. Market Development	45		394420	0	146412	X
Anne C George
V.P. External Affairs & Corporate Comm.	45		340809	0	112735	X
Maria Gulluni
Deputy General Counsel	45		222158	0	99448	X
Lorraine Brady
Corporate Assistant & Assistant Secretary	40		82103	0	33411	X
Michael I Henderson
Director, Regional Planning & Coordination	49		274723	0	130424		X
Eugene Litvinov
Chief Technologist	45		259517	0	160326		X
Mark G Karl
Senior Director, Resource Adequacy	45		282224	0	115866		X
Renald E Proulx
Director, Risk Management	40		232771	0	67251		X
David M Hameedy
Director, Program Management Office	40		233217	0	82610		X
Matthew F Goldberg
Director, Reliability & Operations Compliance	43		217270	0	85676		X
John M Simonelli
Director, Operations Support Services	45		213950	0	265587		X
Richard V Kowalski
Director, Transmission Strategy & Services	45		203727	0	189611		X
Michael N Taniwha
IT Director, Development & Power Syst Support	40		203015	0	64533		X
Shannon Hann
Director, Market Analysis & Settlements	42		231787	0	110241		X
John Norden
Director, Operations	55		212285	0	210421		X
Brent Oberlin
Director, Transmission Planning	49		196853	0	50413		X
Marc D Montalvo
Director, Enterprise Risk Management	41		225969	0	55655		X
Matthew White
Senior Economist	48		228763	0	93298		X
Hung-po Chao
Director, Market Strategy & Analysis	40		222003	0	64567			X
Laurel Hennebury
Director, Enterprise Learning & Univ Relations	40		202234	0	59312			X
Raymond Curry
Director, Internal Audit	44		199657	0	67356			X
Theodore Paradise
Assistant General Counsel - Operations	52		207113	0	51760			X
Henry Yoshimura
Director, Demand Resource Strategy	44		208364	0	67851			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	11709256	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	4743246	TotalOtherCompensation
Number Individuals GT100 K	349	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Alstom Grid Inc
131 S Dearborn Street	6th Floor	Chicago	IL	60603	Energy Management System Developer	7310704
Peritus Inc
222 West Las Colinas Blvd	Suite 1650	Irving	TX	75039	Software Consultants	1949002
Infowave Systems Inc
705 N Mountain Rd	A220	Newington	CT	06111	Software Consultants	1305460
GRT Inc
777 Summer Street		Stamford	CT	06901	Software Consultants	1216106
Power Auctions LLC
2744 32nd Street NW		Washington	DC	200082712	Software Consultants	1075000

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	60	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	0	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	534206	GovernmentGrants
All Other Contributions	0	AllOtherContributions
Noncash Contributions	0	NoncashContributions
Total Contributions	534206	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Energy Administration Services	221000	66401460	66401460	$0
Reliability Administration Services	221000	46158575	46158575	$0
Scheduling System Control & Dispatch	221000	35657420	35657420	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	148217455	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	96575	TotalRevenueColumn
Related Or Exempt Function Income	90098	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$6,477	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	148848236	TotalRevenueColumn
Related Or Exempt Function Income	148307553	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$6,477	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	39167	Total
Program Services	39167	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	13954851	Total
Program Services	8291787	ProgramServices
Management And General	5663064	ManagementAndGeneral
Fundraising	0	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	53761204	Total
Program Services	48176576	ProgramServices
Management And General	5584628	ManagementAndGeneral
Fundraising	0	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	9900795	Total
Program Services	8332509	ProgramServices
Management And General	1568286	ManagementAndGeneral
Fundraising	0	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	7472609	Total
Program Services	6249310	ProgramServices
Management And General	1223299	ManagementAndGeneral
Fundraising	0	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	4064797	Total
Program Services	3420934	ProgramServices
Management And General	643863	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1812438	Total
Program Services	1163086	ProgramServices
Management And General	649352	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	531658	Total
Program Services	406763	ProgramServices
Management And General	124895	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	2200	Total
Program Services	2200	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	213060	Total
Program Services	179311	ProgramServices
Management And General	33749	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	8254970	Total
Program Services	7433338	ProgramServices
Management And General	821632	ManagementAndGeneral
Fundraising	0	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1286251	Total
Program Services	734442	ProgramServices
Management And General	551809	ManagementAndGeneral
Fundraising	0	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	8869863	Total
Program Services	8265332	ProgramServices
Management And General	604531	ManagementAndGeneral
Fundraising	0	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	3851034	Total
Program Services	3241030	ProgramServices
Management And General	610004	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1137643	Total
Program Services	736521	ProgramServices
Management And General	401122	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	543296	Total
Program Services	401404	ProgramServices
Management And General	141892	ManagementAndGeneral
Fundraising	0	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1787520	Total
Program Services	1667102	ProgramServices
Management And General	120418	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	25015919	Total
Program Services	24621004	ProgramServices
Management And General	394915	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	266871	Total
Program Services	158571	ProgramServices
Management And General	108300	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
North American Electric Reliability Corporation	4752689	4752689	0
Dues & Subscriptions	647977	512429	135548
Gain/Loss on Fixed Asset Disposal	91245	91245	0

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	590179	Total
Program Services	417033	ProgramServices
Management And General	173146	ManagementAndGeneral
Fundraising	0	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	148848236	Total
Program Services	129293783	ProgramServices
Management And General	19554453	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	500	BOY
EOY	500	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	42238317	BOY
EOY	12302902	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	20954092	BOY
EOY	22460248	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	52497403	BOY
EOY	58876370	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	342167193	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	255232267	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	84656926	BOY
EOY	86934926	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	336003392	BOY
EOY	322945599	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	536350630	BOY
EOY	503520545	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	21819815	BOY
EOY	21041827	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	13256666	BOY
EOY	4229494	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	36855000	BOY
EOY	71035000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	375019731	BOY
EOY	298812447	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	39000000	BOY
EOY	53000000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	50399418	BOY
EOY	55401777	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	536350630	BOY
EOY	503520545	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	536350630	BOY
EOY	503520545	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	0	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	0	ReconciliationUnrealizedInvest
Reconcilation Donated Services	0	ReconcilationDonatedServices
Reconcilation Invest Expenses	0	ReconcilationInvestExpenses
Reconcilation Prior Adjustment	0	ReconcilationPriorAdjustment
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	244321	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	309118	CurrentTaxYearMinus1Year
Current Tax Year	534206	CurrentTaxYear
Total	1087645	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	120488960	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	123532679	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	127868544	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	139240910	CurrentTaxYearMinus1Year
Current Tax Year	148307553	CurrentTaxYear
Total	659438646	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	120488960	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	123532679	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	128112865	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	139550028	CurrentTaxYearMinus1Year
Current Tax Year	148841759	CurrentTaxYear
Total	660526291	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	54455637	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	54563432	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	55585806	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	61085961	CurrentTaxYearMinus1Year
Current Tax Year	63914104	CurrentTaxYear
Total	289604940	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	54455637	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	54563432	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	55585806	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	61085961	CurrentTaxYearMinus1Year
Current Tax Year	63914104	CurrentTaxYear
Total	289604940	Total

Field	Value	IRS element (for citing)
Public Support Total509	370921351	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	82527	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11992	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	12009	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13914	CurrentTaxYearMinus1Year
Current Tax Year	6477	CurrentTaxYear
Total	126919	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	82527	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11992	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	12009	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13914	CurrentTaxYearMinus1Year
Current Tax Year	6477	CurrentTaxYear
Total	126919	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	0	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	120571487	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	123544671	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	128124874	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	139563942	CurrentTaxYearMinus1Year
Current Tax Year	148848236	CurrentTaxYear
Total	660653210	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.56145	PublicSupportPercentage509
Prior Year Support Percentage	0.55234	PriorYearSupportPercentage
Investment Income Percentage	0.00019	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00045	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	2669	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	2669	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	148845567	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	148848236	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	1000000	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	250000	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	1000000	CurrentYearMinus3
Current Year Minus2	1000000	CurrentYearMinus2
Current Year Minus1	1000000	CurrentYearMinus1
Current Year	1000000	CurrentYear
Total	4000000	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	45650	CurrentYearMinus3
Current Year Minus2	21881	CurrentYearMinus2
Current Year Minus1	28433	CurrentYearMinus1
Current Year	2669	CurrentYear
Total	98633	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	250000	CurrentYearMinus3
Current Year Minus2	250000	CurrentYearMinus2
Current Year Minus1	250000	CurrentYearMinus1
Current Year	250000	CurrentYear
Total	1000000	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Current Year	0	CurrentYear
Total	0	Total

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS
Explanation In Part XIII	X	ExplanationInPartXIII

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Book Value	0	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	42776889	OtherCostOrOtherBasis
Depreciation	12870743	Depreciation
Book Value	29906146	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2878377	OtherCostOrOtherBasis
Depreciation	2861627	Depreciation
Book Value	16750	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	28829494	OtherCostOrOtherBasis
Depreciation	26510228	Depreciation
Book Value	2319266	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	267682433	OtherCostOrOtherBasis
Depreciation	212989669	Depreciation
Book Value	54692764	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	86934926	TotalOfBookValueLandBuildings

Other Assets OtherAssets (7 entries)

DescriptionDescription	Book ValueBookValue
Security Deposits - Financial Assurance, held on behalf of Market Participants	274054601
Restricted Project Fund (New Backup Control Center)	33572638
Restricted Cash on Deposit (Forfeited FCM Funds), held on behalf of Market Participants	9090584
Restricted Congestion Revenue Fund, held on behalf of Market Participants	3516999
FERC Order - Restricted Cash	1000000
Market Participant Settlement Funds, held on behalf of Market Participants	867070
FERC Order Funds Due Participants, held on behalf of Market Participants	843707

Field	Value	IRS element (for citing)
Total Book Value Other Assets	322945599	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
Pension Benefit Liability	$54,396,616
FERC Order Fund Liabilities	$1,000,000
Activities Reserve Liabilities	$5,161

Field	Value	IRS element (for citing)
Total Of Amounts	55401777	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	148848236	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	0	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	0	OtherRevenues
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	148848236	RevenueSubtotal
Investment Expenses Not Included	0	InvestmentExpensesNotIncluded
Other Revenues Not Included	0	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	148848236	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	148848236	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	0	OtherExpensesIncluded
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	148848236	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	0	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	148848236	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P04_S00_L02b	Schedule D, Part IV, Line 2b	The $298,812,447 reported on Line 21, Part X of the Form 990 represents funds held by ISO New England Inc. for, or on behalf of market participants in furtherance of ISO New England Inc.'s tax exempt purposes.
SchD_P10_S00_L02	Schedule D, Part X, Line 2	The Company 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 the FASB ASC. A tax position is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (3 entries)

Address Line1AddressUS/AddressLine1	Address Line2AddressUS/AddressLine2	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Purpose Of GrantPurposeOfGrant	Business Name Line2RecipientNameBusiness/BusinessNameLine2
Harvard Kennedy School
Box 84	79 JFK Street	Cambridge	MA	02138	042103580	501(c)(3)	20000	0	N/A	N/A	Electricity Policy Group Support - academic year 2012-2013
University of Massachusetts Amherst
130 Natural Resources Road		Amherst	MA	01003	043167352	Commonwealth of Mass	13800	0	N/A	N/A	Support for the College of Engineering Career & Student Development Center ($5,000), College of Engineering Diversity Program Office ($2,500) and for M5 makerspace in the Electrical & Computer Engineering Department ($2,500), and two ISO New England High Tech Scholorships for Academic Year 2013 in the College of Engineering ($3,800).	College of Engineering
IEEE Foundation Inc
445 Hoes Lane		Piscataway	NJ	088551331	131656633	501(c)(3)	5367	0	N/A	N/A	Support for the IEEE PES Scholorship Plus Initiative - Region 1 Fund

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	3	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SchI_P01_S00_L02	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	In 2012 ISO New England Inc made a total of four grants, three to educational institutions and one to a non-profit foundation. In all cases, ISO New England obtained a written letter of understanding describing how those funds would be used or a description of the scholarship programs.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	1	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (32 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Gordon van Welie
President, and Chief Executive Officer	572362	0	637823	0	3184	0	381012	0	20150	0	1614531	0	305090	0
Vamsi K Chadalavada
Executive V.P. and Chief Operating Officer	420925	0	358578	0	1743	0	238972	0	19466	0	1039684	0	162283	0
Robert C Ludlow
V.P. Chief Financial & Compliance Officer	349139	0	204984	0	1907	0	175892	0	20925	0	752847	0	102420	0
Raymond W Hepper
V.P. General Counsel & Corp. Secretary	310330	0	179857	0	2796	0	156537	0	23184	0	672704	0	88393	0
Janice S Dickstein
V.P. Human Resources	277322	0	158329	0	1282	0	147904	0	17646	0	602483	0	78841	0
Peter T Brandien
V.P. System Operations	299967	0	155678	0	572	0	140495	0	19468	0	616180	0	68358	0
Kevin A Kirby
V.P. Market Operations	271736	0	128350	0	2635	0	144716	0	18447	0	565884	0	67966	0
David LaPlante
V.P. Market Monitoring	274737	0	115602	0	2285	0	312085	0	13013	0	717722	0	48936	0
Stephen J Rourke
V.P. System Planning	267219	0	131644	0	4470	0	178502	0	2201	0	584036	0	67192	0
Jamshid A Afnan
V.P. Information Services	248349	0	118252	0	2365	0	317808	0	18807	0	705581	0	61039	0
Robert G Ethier
V.P. Market Development	262541	0	130812	0	1067	0	126995	0	21077	0	542492	0	59810	0
Anne C George
V.P. External Affairs & Corporate Comm.	235291	0	105294	0	225	0	95817	0	17689	0	454316	0	50190	0
Maria Gulluni
Deputy General Counsel	190855	0	29644	0	1659	0	99448	0	60	0	321666	0	0	0
Michael I Henderson
Director, Regional Planning & Coordination	206284	0	66145	0	2294	0	111034	0	20279	0	406036	0	35446	0
Eugene Litvinov
Chief Technologist	225923	0	30324	0	3270	0	142775	0	17947	0	420239	0	0	0
Mark G Karl
Senior Director, Resource Adequacy	212861	0	67819	0	1544	0	103329	0	12675	0	398228	0	36421	0
Renald E Proulx
Director, Risk Management	201289	0	26535	0	4947	0	54494	0	13153	0	300418	0	0	0
David M Hameedy
Director, Program Management Office	204662	0	27533	0	1022	0	63397	0	19350	0	315964	0	0	0
Matthew F Goldberg
Director, Reliability & Operations Compliance	191002	0	26098	0	170	0	79004	0	7307	0	303581	0	0	0
John M Simonelli
Director, Operations Support Services	183270	0	28519	0	2161	0	246836	0	19008	0	479794	0	0	0
Richard V Kowalski
Director, Transmission Strategy & Services	177049	0	25468	0	1210	0	170599	0	19269	0	393595	0	0	0
Michael N Taniwha
IT Director, Development & Power Syst Support	177224	0	25381	0	410	0	46080	0	19081	0	268176	0	0	0
Shannon Hann
Director, Market Analysis & Settlements	172650	0	59087	0	50	0	92739	0	23131	0	347657	0	33135	0
John Norden
Director, Operations	182678	0	28712	0	894	0	191244	0	19315	0	422843	0	0	0
Brent Oberlin
Director, Transmission Planning	167576	0	28618	0	659	0	31367	0	19106	0	247326	0	0	0
Marc D Montalvo
Director, Enterprise Risk Management	195516	0	29472	0	981	0	37938	0	17771	0	281678	0	0	0
Matthew White
Senior Economist	193267	0	34636	0	860	0	73825	0	19563	0	322151	0	0	0
Hung-po Chao
Director, Market Strategy & Analysis	192875	0	26985	0	2143	0	52023	0	13525	0	287551	0	0	0
Laurel Hennebury
Director, Enterprise Learning & Univ Relations	169210	0	26742	0	6282	0	45224	0	14226	0	261684	0	0	0
Raymond Curry
Director, Internal Audit	166195	0	29330	0	4132	0	54522	0	13229	0	267408	0	0	0
Theodore Paradise
Assistant General Counsel - Operations	177993	0	27972	0	1149	0	33223	0	18590	0	258927	0	0	0
Henry Yoshimura
Director, Demand Resource Strategy	180518	0	26951	0	896	0	49831	0	18158	0	276354	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SchJ_P01_S00_L07	Identifier
Return Reference	Schedule J, Part I, Line 7	ReturnReference
Explanation	ISO New England currently administers two incentive compensation plans that both provide for non-fixed payments: an annual performance incentive plan (the "API Plan") and a long-term incentive plan (the "LTI Plan"). Subject to certain eligibility criteria, most employees may receive an API Plan award based upon a formula that takes into account organizational performance, individual performance, annual base pay (as of December 31st of the plan year) and a grade-related salary percentage. Organizational performance is measured by the Board of Directors of ISO New England (the "Board") against goals and objectives developed by the Compensation and Human Resources Committee of the Board (the "Committee"), other Board committees, and the Board at the commencement of each plan year. The individual performance of an officer is evaluated by the Committee and the Board. The final API Plan award for an officer is calculated and paid once the Board determines the scores for organizational performance and individual performance for the plan year. LTI plan awards are available to officers and certain other employees and are based upon the achievement of organizational and individual long-term goals established by recommendation of the Committee (with input from other Board committees) and with the approval of the Board. Similar to the API Plan, the LTI Plan awards are calculated using an eligible employee's base salary in effect as of December 31st of the plan year and a grade-related salary percentage; however, LTI Plan awards generally are paid two and one-half years after the end of a plan year. The Board assesses the performance of the organization and the individual at the end of each plan year, and reassesses the organization's progress towards its long-term goals and objectives two and one-half years later, immediately prior to the calculation and pay-out of the LTI Plan award. Under both plans, ISO New England reserves the right to reduce or eliminate plan awards if the eligible employee or the organization underperforms or there is a major collapse of the bulk electric power system managed by ISO New England.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
Massachusetts Development Finance Agency
A	043431814	57583raa3	2005-02-25	45500000	finance acquisition of 64k sq. foot facility, renovate existing bldg	0	0	0
Connecticut Innovations Incorporated
B	041423798	20758caa3	2012-12-13	36000000	Finance acquisition of land & office bldg for Back-up Control Center	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Amount Bond DefeasedAmountBondDefeased	Total ProceedsTotalProceeds	Capitalized InterestCapitalizedInterest	Refunding EscrowRefundingEscrow	Credit EnhancementCreditEnhancement	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Amount UnspentAmountUnspent
A	0	0	45500000	0	0	0	146955	45353045	0	2007	0	0	1	1
B	0	0	36000000	0	0	0		3642665	0		0	0	0	1	386499	31970836

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Engage Bond Counsel ContractsEngageBondCounselContracts	Any Research AgreementsAnyResearchAgreements	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	0	0	1	1	0	0	0	0	0	0	1
B	0	0	0		0	0	0	0	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
A	0	0	0	1	1	0	0	0	0
B	0	1	0	0	1	0	0	0	0

Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	1
B	1

Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchK_P01_S00_L00f	Schedule K, Part I, Column f	(A) - The proceeds of the Bonds loaned to ISO New England Inc. were made to finance and refinance a project located at One Sullivan Road, Holyoke, Massachusetts; generally consisting of (a) the acquisition of a 13-acre parcel of property and attached existing 64,000 square foot facility; (b) the renovation, equipping and furnishing of the existing facility, including construction of a 3,200 square foot expansion, a new lobby and mechanical penthouses, (c) construction, equipping and furnishing of a three story, 100,000 square foot facility; and (d) construction of site improvements, including but not limited to: an additional 342 space parking lot, a retaining wall and security screen, a pedestrian connecting bridge between the existing and new facility, and a guard house; all to be used by the company to conduct its mission and activities. (B) - The proceeds of the Bonds loaned to ISO New England Inc. were made to (i) finance the cost of (a) acquisition of real property located at 55 Helmsford Way, Windsor, Connecticut (the "Property"), (b) the construction of an approximately 70,000 square foot office building for a Back-up Control Center with data center and control room components on the Property, (c) the purchase and installation of general machinery, equipment, office furniture and fixtures, and (d) miscellaneous capital projects; and (ii) pay costs of issuance and credit enhancement fees with respect to the Bonds.
SchK_P04_S00_L02c	Schedule K, Part IV, Line 2c	March 19, 2010 the Arbitrage Rebate Calculation was completed

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
GRT Inc
Entity related to Key Employee	1216106	Compensation to GRT Inc	0
Ralph Slate
Family member of Officer	135106	Compensation as employee of ISO	0
Catherine Simonelli
Family member of Officer	75025	Compensation as employee of ISO	0

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	SchL_P04_S00_L00	Identifier
Return Reference	Schedule L, Part IV	ReturnReference
Explanation	(1) GRT Inc is a software consulting firm that performs services for ISO New England Inc. Mr. Victor Litvinov is a family member of Eugene Litvinov, current Key Employee. Victor Litvinov is an officer of GRT Inc. The amount in column (c) represents payments made to GRT Inc for 2012. (2) Ralph Slate is a family member of Maria Gulluni, current Officer. Compensation as an employee of ISO New England Inc in the position of Principal Data Architect. The amount in column (c) represents payments made to Ralph Slate for 2012. (3) Catherine Simonelli is a family member of John Simonelli, current Key Employee. Compensation as an employee of ISO New England Inc in the position of EMS Support Specialist. The amount in column (c) represents payments made to Catherine Simonelli for 2012. Part IV - Each interested person listed above in Part IV, the reasons such individual or entity is considered to be interested person, and the nature of the business transaction with such interested person, has been disclosed to and approved by an independent officer or director.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0A_L06	Form 990, Part VI, Section A, Line 6	ISO New England Inc. is governed by a ten-person Board of Directors. Nine of the individuals on the Board of Directors are independent voting directors, and act also as voting members of ISO New England Inc. (The tenth individual on the Board of Directors is the President and Chief Executive Officer of ISO New England Inc.; he is a non-voting director and is not a member of ISO New England Inc.). The voting members of ISO New England Inc. and the Board of Directors of ISO New England Inc. have no financial interest in any company doing business in New England's electricity markets and are elected to their positions because of their expertise in financial markets, law, and/or electric power operations and regulation.
F990_P06_S0A_L07a	Form 990, Part VI, Section A, Line 7a	Members of the Board of Directors are elected by the current voting directors of the Board in their capacity as members of ISO New England Inc. They are nominated by the Nominating and Governance Committee of the Board of Directors, which is a standing committee consisting of three or more members of the Board of Directors of the Company. Each member of the Committee must meet all independence standards imposed under the Company's charter, by-laws and code of conduct, as well as any other applicable independence standards adopted by the Board of Directors. Before the formal nomination and election, a joint nominating committee composed of stakeholders and members of the Board develops the slate of candidates for election.
F990_P06_S0B_L11b	Form 990, Part VI, Section B, Line 11b	The Form 990 is prepared by the Lead Financial Analyst and then reviewed and commented upon by the Supervisor, Budget and Financial Reporting and the Director, Finance & Accounting. The Form 990 is then reviewed and commented upon by ISO New England's Chief Financial and Compliance Officer, then reviewed and commented upon by ISO New England's external tax counsel and the Deputy General Counsel, and then reviewed by the Audit & Finance Committee of the Board of Directors and then by ISO New England's full Board of Directors prior to being filed.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	ISO New England has a "Code of Conduct" that applies to its directors and employees (including officers and key employees). The Audit and Finance Committee of the Board of Directors oversees the administration of the Code of Conduct and ensures that prompt action is taken to investigate any potential violations of, or noncompliance with, the Code of Conduct. When a member of the Board of Directors is involved, the full Board makes the relevant determination. On behalf of the Audit and Finance Committee, the Compliance Officer, who is the Vice President, Human Resources, has the day-to-day responsibility for reviewing compliance with the Code of Conduct, including interpreting the Code of Conduct, advising directors, officers and employees regarding potential conflicts of interest and following up on all suspected violations. Individuals subject to the Code of Conduct are prohibited from using their positions to improperly benefit themselves, their family members or the people with whom they cohabitate. Similarly, such individuals are prohibited from having a significant financial interest in any contractor, company, business, or enterprise which has, or is seeking to establish, business relations with ISO New England Inc., unless that relationship has been disclosed to the Compliance Officer or his or her designee and approved by the Audit and Finance Committee of the Board of Directors. Individuals subject to the Code of Conduct are obligated to identify activities of another director, officer or employee that do not comply with the Code of Conduct and report them to the Compliance Officer. Such reports may be made on a confidential basis and individuals will not be subject to retaliatory actions for making such reports. Individuals who violate the Code of Conduct may be subject to disciplinary action including suspension from duties or termination. All directors and employees are required to sign an annual compliance certificate that states, among other things, that the individual has read, fully understands and will comply with the Code of Conduct.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The compensation of the chief executive officer and of each of the other senior executive officers of ISO New England Inc. (the "Company") is determined in a manner so that the total compensation of each individual is presumed to be reasonable in accordance with Treasury Regulation § 53.4958-6. In accordance with this Treasury Regulation: (i) each compensation arrangement is approved in advance by the members of the Board of Directors (the "Board") and/or of the Compensation and Human Resources Committee of the Board (the "Committee") who do not have a conflict of interest with respect to that compensation arrangement (as set forth in Treas. Reg. § 53.4958-6(c)(1)(iii)); (ii) each of the Board and the Committee obtains and relies upon appropriate data as to comparability prior to making its determination regarding a compensation arrangement; and (iii) the basis for the compensation-related determination made by the Board or the Committee is adequately documented concurrently with the making of the determination. The Company's overall compensation policy is designed to promote the tax-exempt purposes of the Company by attracting, retaining and motivating highly-skilled senior management to deliver superior service in furtherance of the Company's exempt purpose: to lessen the burdens on government through the administration of an efficient and reliable electricity transmission system, wholesale electricity marketplace and comprehensive regional bulk power system planning process for the benefit of New England. For each fiscal year, the Committee develops recommendations regarding: (i) the base salary of each senior executive; (ii) the annual performance incentive plan (i.e., the short-term incentive compensation plan) goals and objectives for the plan year for the Company and each senior executive; (iii) the long-term incentive compensation plan goals and objectives for the plan year for the Company and each senior executive; and (iv) proposed changes, if any, to the Company's fringe benefit plans. At the end of each fiscal year, the Committee also makes recommendations regarding the performance of the Company and each senior executive against the plan year goals and objectives established under both the short-term incentive compensation plan and the long-term incentive compensation plan. All of the aforementioned Committee recommendations are based upon information and materials derived from a number of sources, including: evaluations of the Company's performance, requirements and short- and long-range strategic plans as prepared by the Board, Board committees and senior executives; evaluations of the performance of each senior executive as prepared by the Board, the Committee and/or senior executives; salary and other compensation surveys conducted by independent human resources and compensation consulting firms; reports and findings prepared by an independent human resources and compensation consulting firm retained by the Company to evaluate the reasonableness of the compensation paid to senior executives; and written and anecdotal information collected by the Human Resources Department of the Company in connection with the recruitment and retention of senior executives for the Company (including reports provided by executive recruitment firms). The compensation-related recommendations made by the Committee are referred to the Board for its review, together with all evaluations, surveys, consultant reports and findings and other information compiled by the Committee. The Board reviews the recommendations and materials provided by the Committee, and considers the recommendations in light of: the performance, financial condition, requirements, and exempt purpose goals and objectives of the Company; the performance, experience, and responsibilities of each senior executive; and the competitive market for executive talent. The recommendations also are weighed against a range of reasonable compensation established for each of the Company's executives by an independent human resources and compensation consulting firm (in 2012, Mercer), based upon independent survey sources and compensation information for functionally-comparable positions provided or made available by other regional transmission operators, independent systems operators, and other similarly situated taxable and tax-exempt organizations. Based on the foregoing, the Board makes a final decision regarding each of the elements of each senior executive's compensation, including: base salary; the current fiscal year's goals and objectives for each of the Company and the executive for each of the short-term incentive compensation plan and the long-term incentive compensation plan; changes (if any) to the Company's fringe benefit plans; the performance scores against the prior fiscal year's goals and objectives for each of the Company and the executive for each of the short-term incentive compensation plan and the long-term incentive compensation plan; and the final payments to be made in the current fiscal year under the Company's incentive compensation plans based upon those Company and individual performance scores. Each compensation-related decision of the Board is documented in the minutes of the meeting or meetings at which that decision is made, including the materials and information relied upon to make the decision, the identity of the members of the Board making the decision and a summary of the Board's deliberations and reasons underlying the decision. Those minutes are thereafter reviewed and, with any corrections agreed to by the Board, are approved at the next monthly meeting of the Board.
F990_P06_S0B_L16a	Form 990, Part VI, Section B, Line 16a	The Company has entered into agreements to share costs for studies and other work of common interest. These cost sharing agreements are with other Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs,) all of which are tax-exempt organizations except for PJM Interconnection LLC, which is a taxable entity organized as a Limited Liability Company. The Company reviews agreements entered into to safeguard its exempt status.
F990_P06_S0B_L16b	Form 990, Part VI, Section B, Line 16b	The methodology of ISO New England's FIN 48 (ASC 740) analysis includes review and evaluation of the organizations tax exempt status, geographical scope in which it operates, and organizational and operational documents. Included in the review of the operational documents, are any joint venture arrangements. The Director, Finance & Accounting reviews the objective and the scope of any joint venture arrangement, together with any documents memorializing the joint venture arrangement, to safeguard the assets and tax-exempt status of the Company and to ensure that the Company's participation in the joint venture furthers its tax exempt purpose.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	ISO New England makes its governing documents, conflict of interest policy (called "The Code of Conduct"), and financial statements available to the public on its website www.iso-ne.com. Each of these documents can be found on the website as follows: Governing Documents and Code of Conduct - http://www.iso-ne.com/aboutiso/corp_gov/bylaws/index.html / Financial Statements - http://www.iso-ne.com/aboutiso/fin/finstmnts/index.html.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	ISO New England Inc Retiree Medical Dental and Life Trust	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	One Sullivan Road	AddressLine1
City	Holyoke	City
State	MA	State
ZIP Code	01040	ZIPCode

Field	Value	IRS element (for citing)
EIN	137379593	EIN
Primary Activities	Retiree Insurance	PrimaryActivities
Legal Domicile State	MA	LegalDomicileState
Exempt Code Section	501(c)(9)	ExemptCodeSection
Public Charity Status	N/A	PublicCharityStatus
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Controlled Org	0	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	0	DividendsRelatedOrganization
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

Field	Value	IRS element (for citing)
Business Name Line1	ISO New England Inc Retiree Medical Dental and Life Trust	BusinessNameLine1

Field	Value	IRS element (for citing)
Transaction Type	r	TransactionType
Amount Involved	1082101	AmountInvolved
Method Of Amt Determination	cash transactions	MethodOfAmtDetermination