ISO NEW ENGLAND INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: ISO NEW ENGLAND INC (EIN 04-3372500)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-03
IRS object ID: 201222239349300922
Schema version: 2011v1.2
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	2012-08-03T12:19:08-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	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	2012-08-15	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2011	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	01040	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	139563942	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 shall be operated exclusively for religious, charitable, scientific, literary or educational 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	595	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	244321	ContributionsGrantsPriorYear
Contributions Grants Current Year	309118	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	127780170	ProgramServiceRevenuePriorYear
Program Service Revenue CY	139197542	ProgramServiceRevenueCY
Investment Income Prior Year	101733	InvestmentIncomePriorYear
Investment Income Current Year	57282	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	128126224	TotalRevenuePriorYear
Total Revenue Current Year	139563942	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	54730	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	59165	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	71962508	SalariesEtcPriorYear
Salaries Etc Current Year	80112556	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	56108986	OtherExpensePriorYear
Other Expenses Current Year	59392221	OtherExpensesCurrentYear
Total Expenses Prior Year	128126224	TotalExpensesPriorYear
Total Expenses Current Year	139563942	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	0	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	0	RevenuesLessExpensesCY
Total Assets BOY	624757298	TotalAssetsBOY
Total Assets EOY	536350630	TotalAssetsEOY
Total Liabilities BOY	624757298	TotalLiabilitiesBOY
Total Liabilities EOY	536350630	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	0	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	0	NetAssetsOrFundBalancesEOY
Mission Description	The Corporation is organized and shall be operated exclusively for religious, charitable, scientific, literary or educational 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	52250076	Expense
Grants	20000	Grants
Revenue	60382417	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	39841135	Expense
Grants	14165	Grants
Revenue	46052345	Revenue
Description	Reference Line 4b: The management of a comprehensive regional bulk power system planning process (referenced to as the Reliability Administration Service 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	28383947	Expense
Grants	25000	Grants
Revenue	32806148	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	120475158	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
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	1	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	128	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	595	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	01040	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	5	X	63500	0	0
Roberta S Brown
Director	7	X	117300	0	0
Paul F Levy
Director	5	X	106700	0	0
V Louise McCarren
Vice Chair, Board of Directors	5	X	106150	0	0
Christopher Wilson
Director	5	X	46000	0	0
Kathryn J Jackson
Director	5	X	95600	0	0
David J Vitale
Chairman, Board of Directors	5	X	103900	0	0
Philip Shapiro
Director	6	X	108400	0	0
Raymond Hill
Director	6	X	106200	0	0
Alvin K Klevorick
Director	6	X	69700	0	0
John G Kassakian
Director	6	X	39650	0	0
Gordon van Welie
President, and Chief Executive Officer	45	X	1134276	0	431171	X
Vamsi K Chadalavada
Executive V.P. and Chief Operating Officer	45		725964	0	272914	X
Robert C Ludlow
V.P. Chief Financial & Compliance Officer	45		506731	0	240842	X
Raymond W Hepper
V.P. General Counsel & Corp. Secretary	45		451876	0	203350	X
Janice S Dickstein
V.P. Human Resources	45		403235	0	178773	X
Peter T Brandien
V.P. System Operations	45		412547	0	185888	X
Kevin A Kirby
V.P. Market Operations	49		381561	0	206796	X
David LaPlante
V.P. Market Monitoring	49		367082	0	346668	X
Stephen J Rourke
V.P. System Planning	50		374222	0	196958	X
Jamshid A Afnan
V.P. Information Services	45		343703	0	358764	X
Robert G Ethier
V.P. Market Development	45		335807	0	173823	X
Anne C George
V.P. External Affairs & Corporate Comm.	45		259776	0	113988	X
Maria Gulluni
Deputy General Counsel	45		205305	0	110311	X
Lorraine Brady
Corporate Assistant & Assistant Secretary	41		80051	0	43348	X
Michael I Henderson
Director, Regional Planning & Coordination	48		265288	0	174614		X
Eugene Litvinov
Sr. Director, Bus. Architecture & Technology	45		247212	0	211092		X
Mark G Karl
Senior Director, Resource Adequacy	47		270025	0	154341		X
Renald E Proulx
Director, Risk Management	40		227417	0	121119		X
David M Hameedy
Director, Program Management Office	40		213449	0	119269		X
Matthew F Goldberg
Director, Reliability & Operations Compliance	44		210299	0	99877		X
John M Simonelli
Director, Operations Support Services	45		206334	0	277244		X
Richard V Kowalski
Director, Transmission Strategy & Services	42		196426	0	201652		X
Michael N Taniwha
IT Director, Development & Power Syst Support	40		197697	0	82166		X
Shannon Hann
Director, Market Analysis & Settlements	43		220808	0	130721		X
Rudolf Pawul
IT Director, Infrastructure & Enterprise Supp.	42		176719	0	72138		X
John Norden
Director, Operations	56		200529	0	208867		X
Brent Oberlin
Director, Transmission Planning	52		185921	0	57405		X
Hung-Po Chao
Director, Market Strategy & Analysis	41		212748	0	96776			X
Marc D Montalvo
Director, Assessment and Investigation	42		208124	0	63054			X
Matthew White
Senior Economist	47		201315	0	37024			X
Laurel Hennebury
Director, Enterprise Learning & Univ Relations	40		201306	0	68164			X
Henry Yoshimura
Director, Demand Resource Strategy	47		200216	0	89650			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	10787069	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	5328767	TotalOtherCompensation
Number Individuals GT100 K	317	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	5874077
Peritus Inc
222 West Las Colinas Blvd	Suite 1650	Irving	TX	75039	Software Consultants	1855353
Daymark Solutions Inc
23 Third Avenue		Burlington	MA	01803	Software Architects / Support	1815432
Infowave Systems Inc
705 N Mountain Rd	A220	Newington	CT	06111	Software Consultants	1800547
KEMA Inc
67 South Bedford Street		Burlington	MA	01803	Project Management Services	1352091

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	52	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	0	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	309118	GovernmentGrants
All Other Contributions	0	AllOtherContributions
Noncash Contributions	0	NoncashContributions
Total Contributions	309118	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Energy Administration Services	221000	60359975	60359975	$0
Reliability Administration Services	221000	46040765	46040765	$0
Scheduling, System Control & Dispatch	221000	32796802	32796802	$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	139197542	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	57282	TotalRevenueColumn
Related Or Exempt Function Income	43368	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$13,914	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)
Gross Income Fundraising Events	0	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	0	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming
Gaming Direct Expenses	0	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

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)
Gross Sales Of Inventory	0	GrossSalesOfInventory
Cost Of Goods Sold	0	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

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 Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	139563942	TotalRevenueColumn
Related Or Exempt Function Income	139240910	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$13,914	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	59165	Total
Program Services	59165	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	12455461	Total
Program Services	7474559	ProgramServices
Management And General	4980902	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	50234690	Total
Program Services	44507595	ProgramServices
Management And General	5727095	ManagementAndGeneral
Fundraising	0	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	6800516	Total
Program Services	5683871	ProgramServices
Management And General	1116645	ManagementAndGeneral
Fundraising	0	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	6823796	Total
Program Services	5666492	ProgramServices
Management And General	1157304	ManagementAndGeneral
Fundraising	0	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3798093	Total
Program Services	3174446	ProgramServices
Management And General	623647	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	1866749	Total
Program Services	1319493	ProgramServices
Management And General	547256	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	486956	Total
Program Services	352853	ProgramServices
Management And General	134103	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	9268	Total
Program Services	9268	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	200812	Total
Program Services	167838	ProgramServices
Management And General	32974	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	9410965	Total
Program Services	7987644	ProgramServices
Management And General	1423321	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	1266809	Total
Program Services	690013	ProgramServices
Management And General	576796	ManagementAndGeneral
Fundraising	0	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	8028874	Total
Program Services	7521626	ProgramServices
Management And General	507248	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	4086497	Total
Program Services	3415495	ProgramServices
Management And General	671002	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1077533	Total
Program Services	702831	ProgramServices
Management And General	374702	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	502399	Total
Program Services	383364	ProgramServices
Management And General	119035	ManagementAndGeneral
Fundraising	0	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1684023	Total
Program Services	1673969	ProgramServices
Management And General	10054	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	24500128	Total
Program Services	24097047	ProgramServices
Management And General	403081	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	274820	Total
Program Services	164920	ProgramServices
Management And General	109900	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
North American Electricity Reliability Corp Dues	4486684	4486684	0
Dues & Subscriptions	604201	397695	206506
Loss on Asset Disposals	456724	270747	185977

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	448779	Total
Program Services	267543	ProgramServices
Management And General	181236	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	139563942	Total
Program Services	120475158	ProgramServices
Management And General	19088784	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	156517239	BOY
EOY	42238317	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	24582352	BOY
EOY	20954092	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	22806859	BOY
EOY	52497403	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	315694463	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	231037537	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	84985665	BOY
EOY	84656926	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	335864683	BOY
EOY	336003392	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	624757298	BOY
EOY	536350630	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	18901742	BOY
EOY	21819815	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	23872654	BOY
EOY	13256666	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	38675000	BOY
EOY	36855000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	482443806	BOY
EOY	375019731	EOY

Loans From Officers Directors LoansFromOfficersDirectors

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

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

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

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	21864096	BOY
EOY	50399418	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	624757298	BOY
EOY	536350630	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	624757298	BOY
EOY	536350630	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	0	ReconcilationRevenueExpenses
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
Financial Statement Separate	X	FinancialStatementSeparate
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	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	244321	CurrentTaxYearMinus1Year
Current Tax Year	309118	CurrentTaxYear
Total	553439	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	119116835	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	120488960	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	123532679	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	127868544	CurrentTaxYearMinus1Year
Current Tax Year	139240910	CurrentTaxYear
Total	630247928	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	119116835	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	120488960	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	123532679	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	128112865	CurrentTaxYearMinus1Year
Current Tax Year	139550028	CurrentTaxYear
Total	630801367	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	56539525	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	54455637	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	54563432	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	55585806	CurrentTaxYearMinus1Year
Current Tax Year	61085961	CurrentTaxYear
Total	282230361	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	56539525	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	54455637	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	54563432	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	55585806	CurrentTaxYearMinus1Year
Current Tax Year	61085961	CurrentTaxYear
Total	282230361	Total

Field	Value	IRS element (for citing)
Public Support Total509	348571006	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	161665	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	82527	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11992	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	12009	CurrentTaxYearMinus1Year
Current Tax Year	13914	CurrentTaxYear
Total	282107	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	161665	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	82527	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11992	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	12009	CurrentTaxYearMinus1Year
Current Tax Year	13914	CurrentTaxYear
Total	282107	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
Current Tax Year	0	CurrentTaxYear
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	119278500	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	120571487	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	123544671	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	128124874	CurrentTaxYearMinus1Year
Current Tax Year	139563942	CurrentTaxYear
Total	631083474	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.55234	PublicSupportPercentage509
Prior Year Support Percentage	0.5363	PriorYearSupportPercentage
Investment Income Percentage	0.00045	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00061	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509
General Explanation	Form 990, Schedule A, Part III, Section A, Line 2: The amounts reported on Line 2, Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources, with respect to Columns (a), (b), (c) and (d), with respect to 2007, 2008, 2009 and 2010, respectively, have been adjusted from amounts reported on prior Forms 990 to include investment receipts that result from activities that further the Company's exempt purpose.	GeneralExplanation
General Explanation	Form 990, Schedule A, Part III, Section B, Line 10a: The amounts reported on Line 10a, Gross Income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources, with respect to Columns (a), (b) and (c) for 2007, 2008, and 2009 respectively, have been reduced from amounts reported on prior Forms 990 to reflect payments that result from activities that further the Company's exempt purpose.	GeneralExplanation

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	28433	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	28433	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	139535509	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	139563942	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	30159	CurrentYearMinus3
Current Year Minus2	45650	CurrentYearMinus2
Current Year Minus1	21881	CurrentYearMinus1
Current Year	28433	CurrentYear
Total	126123	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

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	42142560	OtherCostOrOtherBasis
Depreciation	11194644	Depreciation
Book Value	30947916	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2878383	OtherCostOrOtherBasis
Depreciation	2855901	Depreciation
Book Value	22482	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	26963693	OtherCostOrOtherBasis
Depreciation	23668049	Depreciation
Book Value	3295644	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	243709827	OtherCostOrOtherBasis
Depreciation	193318943	Depreciation
Book Value	50390884	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	84656926	TotalOfBookValueLandBuildings

Other Assets OtherAssets (6 entries)

DescriptionDescription	Book ValueBookValue
Security Deposits - Financial Assurance	332763341
Restricted Congestion Revenue Fund	2206389
Market Participant Settlement Funds	882963
Market Participant Prepayment	150000
Prepaid NEPOOL Participant Fees	500
Market Participant Refund Deposit	199

Field	Value	IRS element (for citing)
Total Book Value Other Assets	336003392	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Pension Benefit Liability	$50,398,757
Activities Reserve	$661

Field	Value	IRS element (for citing)
Total Of Amounts	50399418	TotalOfAmounts
Total Revenue	139563942	TotalRevenue
Total Expenses	139563942	TotalExpenses
Excess Or Deficit For Year	0	ExcessOrDeficitForYear
Net Unrealized GL On Investments	0	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	$0	OtherAmount
Total Adjustments	0	TotalAdjustments
Excess Or Deficit Per FS	0	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	139563942	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	139563942	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	139563942	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	139563942	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	139563942	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	139563942	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P04_S00_L02b	Schedule D, Part IV, Line 2b	The $375,019,731 reported on Line 21 of 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 Engalnd 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 than 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 (4 entries)

Address Line1AddressUS/AddressLine1	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
NE Governor's Conference
76 Summer St	Boston	MA	02110	042738615	501(c)(3)	25000	0	N/A	N/A	Support of energy-related activities including the Power Planning Committee, collaboration with the Northeast Int'l Committee on Energy, continued work on renewable power and energy efficiency, and major transmission system performance, issues, and developments
Harvard Kennedy School
Box 84 JFK Street	Cambridge	MA	02138	042103580	501(c)(3)	20000	0	N/A	N/A	Electricity Policy Group Support
University of Massachusetts Amherst
130 Natural Resources Rd	Amherst	MA	01003	043167352	Commonwealth of Mass	8800	0	N/A	N/A	The $8,800 was to support the following: 1. Scholorship for Engineering Students for the 2011/2012 academic year, and 2. Donations for a Sr. Design Project from the Engineering dept & The Engineering Career Center.
IEEE Foundation Inc
445 Hoes Lane	Piscataway	NJ	088551331	131656633	501(c)(3)	5365	0	N/A	N/A	To provide support for the IEEE PES Scholarship Plus Initiative Fund

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	4	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 2011 ISO New England Inc made a total of five grants, three to educational institutions, one to a non-profit foundation and one grant to the New England Governor's Conference for power planning activities. In the case of the educational institutions and the non-profit foundation, ISO New England obtained a written letter of understanding describing how those funds would be used or a description of the scholorship programs. The New England Governor's Conference (NEGC) regularly reports to ISO New England regarding NEGC's energy and energy-related programs, activities and events.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Written Policy Re T And E Expenses	0	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
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 (31 entries)

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
553115	0	576632	0	4529	0	410709	0	20552	0	1565537	0	269499	0
Vamsi K Chadalavada
408089	0	314958	0	2918	0	253326	0	19647	0	998938	0	135582	0
Robert C Ludlow
337688	0	165910	0	3133	0	218856	0	22124	0	747711	0	90198	0
Raymond W Hepper
299994	0	147993	0	3889	0	181251	0	22357	0	655484	0	80493	0
Janice S Dickstein
269740	0	132087	0	1408	0	163467	0	16388	0	583090	0	71787	0
Peter T Brandien
288619	0	122180	0	1748	0	167103	0	19798	0	599448	0	60417	0
Kevin A Kirby
268323	0	109616	0	3622	0	193606	0	13586	0	588753	0	60061	0
David LaPlante
267679	0	95306	0	4097	0	333522	0	14214	0	714818	0	60061	0
Stephen J Rourke
258649	0	109270	0	6303	0	194689	0	2527	0	571438	0	65650	0
Jamshid A Afnan
240412	0	98501	0	4790	0	340394	0	18628	0	702725	0	53995	0
Robert G Ethier
249390	0	84382	0	2036	0	155297	0	21585	0	512690	0	43264	0
Anne C George
220051	0	39270	0	456	0	96313	0	18399	0	374489	0	0	0
Maria Gulluni
177029	0	25656	0	2620	0	109893	0	478	0	315676	0	0	0
Michael I Henderson
199739	0	62490	0	3059	0	155257	0	20226	0	440771	0	31314	0
Eugene Litvinov
209887	0	32639	0	4686	0	193607	0	17881	0	458700	0	0	0
Mark G Karl
205801	0	61876	0	2348	0	140826	0	13653	0	424504	0	34431	0
Renald E Proulx
194534	0	25921	0	6962	0	108885	0	12630	0	348932	0	0	0
David M Hameedy
180056	0	30896	0	2497	0	95710	0	28697	0	337856	0	0	0
Matthew F Goldberg
185416	0	24485	0	398	0	93203	0	7286	0	310788	0	0	0
John M Simonelli
176352	0	26285	0	3697	0	259108	0	18274	0	483716	0	0	0
Richard V Kowalski
171517	0	22965	0	1944	0	182340	0	19366	0	398132	0	0	0
Michael N Taniwha
172060	0	24621	0	1016	0	62878	0	19902	0	280477	0	0	0
Shannon Hann
166622	0	53749	0	437	0	111807	0	24495	0	357110	0	28715	0
Rudolf Pawul
155162	0	20913	0	644	0	53727	0	18937	0	249383	0	0	0
John Norden
173049	0	25643	0	1839	0	191260	0	17695	0	409486	0	0	0
Brent Oberlin
159500	0	25049	0	1372	0	38185	0	19280	0	243386	0	0	0
Hung-Po Chao
186763	0	23535	0	2449	0	78269	0	19472	0	310488	0	0	0
Marc D Montalvo
183709	0	21967	0	2450	0	44403	0	18703	0	271232	0	0	0
Matthew White
186503	0	13253	0	1559	0	19573	0	17511	0	238399	0	0	0
Laurel Hennebury
165429	0	28532	0	7345	0	55102	0	13200	0	269608	0	0	0
Henry Yoshimura
173905	0	24463	0	1848	0	72041	0	17747	0	290004	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchJ_P01_S00_L01a	Schedule J, Part I, Line 1a	In 2011 the Company discovered that it incorrectly reported to certain employees the taxable portion of group term life insurance benefits. Immediately upon discovery, the Company corrected the reporting error. In correcting the reporting error, the Company made gross up payments to affected employees to compensate such employees for their out of pocket costs arising from the reporting error. The grossed up payments were properly included in such employees wages for tax reporting and withholding purposes.
SchJ_P01_S00_L01b	Schedule J, Part I, Line 1b	The Company does not have a written policy with respect to the gross-up payments disclosed on Line 1a of Part I and described above in this Part III. However, the Company required substantiation of the out of pocket cost incurred by each employee eligible for a gross-up payment arising from the reporting error described above.
SchJ_P01_S00_L07	Schedule J, Part I, Line 7	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, 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.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Massachusetts Development Finance Agency	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	043431814	IssuerEIN
CUSIP Number	57583raa3	CUSIPNumber
Date Issued	2005-02-25	DateIssued
Issue Price	45500000	IssuePrice
Description Of Purpose	finance acquisition of 64k sq. foot facility, renovate existing bldg	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer
Pool Financing	0	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Amount Retired	0	AmountRetired
Amount Bond Defeased	0	AmountBondDefeased
Total Proceeds	45500000	TotalProceeds
Amount In Reserve Fund	0	AmountInReserveFund
Capitalized Interest	0	CapitalizedInterest
Refunding Escrow	0	RefundingEscrow
Issuance Costs From Proceeds	0	IssuanceCostsFromProceeds
Credit Enhancement	0	CreditEnhancement
Working Capital Expenditures	146955	WorkingCapitalExpenditures
Capital Expenditures	45353045	CapitalExpenditures
Other Spent Proceeds	0	OtherSpentProceeds
Amount Unspent	0	AmountUnspent
Year Of Subst Completion	2007	YearOfSubstCompletion
Current Refunding	0	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	0	MngmentCntrctBondFinancdPrprty
Any Research Agreements	0	AnyResearchAgreements
Prcntge Prvt Business Use By Others	0	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0	TotalPrivateBusinessUse
Post Issuance Compliance Procdrs	1	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	1	ExceptionToRebate

Form990 Schedule K Part VI Form990ScheduleKPartVI

Field	Value	IRS element (for citing)
Identifier	SchK_P01_S00_L00f	Identifier
Return Reference	Schedule K, Part I, Column f	ReturnReference
Explanation	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.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Catherine Simonelli
Family member of Key Employee	53655	Compensation as employee of ISO	0
Ralph Slate
Family member of Officer	129295	Compensation as employee of ISO	0
GRT Inc
Entity related to key employee	872031	Compensation to GRT Inc	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) 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. (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. (3) 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 2011. Part IV - The employment or relationship of all the individuals in Schedule L, Part IV to a Current Director, Officer, or Key Employee 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, ISO New England's policies. 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 2011, 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 scope of the proposed joint venture arrangement to ensure that the Company's participation in the joint venture will continue to further the tax-exempt purpose of the organization.
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
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	q	TransactionType
Amount Involved	971000	AmountInvolved
Method Of Amt Determination	cash transaction	MethodOfAmtDetermination