NEW YORK INDEPENDENT SYSTEM OPERATOR INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK INDEPENDENT SYSTEM OPERATOR INC (EIN 14-1815612)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-12
- IRS object ID
- 201132249349301143
- Schema version
- 2010v3.4
- 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 B
- Schedule C
- Schedule D
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-12T09:46:29-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 Broadway 4th Floor | AddressLine1 |
| City | Albany | City |
| State | NY | State |
| ZIP Code | 122072974 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141815612 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK INDEPENDENT SYSTEM OPERATOR INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWY | NameControl |
| Phone | 5183566000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BOULEVARD | AddressLine1 |
| City | RENSSELAER | City |
| State | NY | State |
| ZIP Code | 12144 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Mary McGarvey | Name |
| Title | VP and CFO | Title |
| Date Signed | 2011-08-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5184274600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Stephen G Whitley | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Krey Boulevard | AddressLine1 |
| City | Rensselaer | City |
| State | NY | State |
| ZIP Code | 12144 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 149352264 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | nyiso.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | SEE ATTACHMENT 1 | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 533 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2554777 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 139223156 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 146770657 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 49863 | InvestmentIncomePriorYear |
| Investment Income Current Year | 26830 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 139273019 | TotalRevenuePriorYear |
| Total Revenue Current Year | 149352264 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 58497359 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 60500105 | 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 | 80775660 | OtherExpensePriorYear |
| Other Expenses Current Year | 88852159 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 139273019 | TotalExpensesPriorYear |
| Total Expenses Current Year | 149352264 | TotalExpensesCurrentYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 522375046 | TotalAssetsBOY |
| Total Assets EOY | 543334636 | TotalAssetsEOY |
| Total Liabilities BOY | 522375046 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 543334636 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances EOY | 0 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE NYISO'S MISSION, IN COLLABORATION WITH ITS STAKEHOLDERS, IS TO SERVE THE PUBLIC INTEREST AND PROVIDE BENEFIT TO CONSUMERS BY: - MAINTAINING AND ENHANCING REGIONAL RELIABILITY, - OPERATING OPEN, FAIR AND COMPETITIVE WHOLESALE ELECTRICITY MARKETS, - PLANNING THE POWER SYSTEM FOR THE FUTURE, AND - PROVIDING FACTUAL INFORMATION TO POLICY MAKERS, STAKEHOLDERS AND INVESTORS IN THE POWER SYSTEM. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 112291515 | Expense |
| Revenue | 146770657 | Revenue |
| Description | The NYISO, governed by an independent board of directors and a committee structure comprised of stakeholder representatives, is subject to the oversight of the Federal Energy Regulatory Commission, and regulated in certain aspects by the New York State Public Service Commission. Its operations are also overseen by electric system reliability organizations, including the North American Electric Reliability Corporation, Northeast Power Coordinating Council, and the New York State Reliability Council. The NYISO's efforts to serve the public interest and provide benefit to consumers include: * Operation of the bulk electricity grid in New York State, managing the flow of power on nearly 10,900 miles of high- voltage transmission lines, from more than 500 power generating units, on a minute-to-minute basis, 24 hours-a-day, seven days- a-week * Administration and monitoring of New York's wholesale electricity markets, involving more than 400 market participants in daily and hourly auctions that match the buyers and sellers of power. * Conducting long-term planning assessments of New York State's electricity resources and needs, evaluating the feasibility of projects proposed to meet those needs, and providing information and analysis to policy makers on energy issues. * Development and deployment of communications and data management systems to optimize the dispatch of power on the bulk power system and implement evolving wholesale electricity market design, as well as the administration of smart grid infrastructure enhancements | Description |
| Total Program Service Expense | 112291515 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 260 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 533 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHERYL HUSSEY | NamePerson |
| Telephone Number | 5183566185 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 KREY BLVD | AddressLine1 |
| City | rensselaer | City |
| State | NY | State |
| ZIP Code | 12144 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (30 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Karen Antion | |||||||||
| Chair,Board of Directors | 20.0 | X | 527932 | 0 | 36500 | ||||
| Michael B Bemis | |||||||||
| Director | 15.0 | X | 101042 | 0 | 26250 | ||||
| Ave M Bie | |||||||||
| Director | 12.0 | X | 98375 | 0 | 23000 | ||||
| Alfred F Boschulte | |||||||||
| Director | 14.0 | X | 103708 | 0 | 25250 | ||||
| Robert A Hiney | |||||||||
| Director | 14.0 | X | 107117 | 0 | 24250 | ||||
| Erland E Kailbourne | |||||||||
| Director | 12.0 | X | 100283 | 0 | 24500 | ||||
| James V Mahoney | |||||||||
| Director | 14.0 | X | 103292 | 0 | 27750 | ||||
| Thomas F Ryan Jr | |||||||||
| Director | 12.0 | X | 95375 | 0 | 25250 | ||||
| Richard E Schuler | |||||||||
| Director | 14.0 | X | 107358 | 0 | 26250 | ||||
| Stephen G Whitley | |||||||||
| President,CEO | 60.0 | X | 1346875 | 0 | 546285 | X | |||
| Wayne J Bailey | |||||||||
| VP of Enterprise Services | 52.0 | 427776 | 0 | 207796 | X | ||||
| Xingyong H Chao | |||||||||
| VP Syst. & Resources Planning | 56.0 | 457290 | 0 | 205355 | X | ||||
| Richard J Dewey | |||||||||
| Senior VP & CIO | 55.0 | 497081 | 0 | 231035 | X | ||||
| Diane L Egan | |||||||||
| Corp Secy & Secretary to Board | 57.0 | 191491 | 0 | 108860 | X | ||||
| Robert E Fernandez | |||||||||
| General Counsel | 51.0 | 649229 | 0 | 251326 | X | ||||
| Ricardo T Gonzales | |||||||||
| Senior VP & COO | 51.0 | 629550 | 0 | 459757 | X | ||||
| Mary K McGarvey | |||||||||
| VP & Chief Financial Officer | 48.0 | 507702 | 0 | 225031 | X | ||||
| Rana Mukerji | |||||||||
| Senior VP Market Structures | 47.0 | 676968 | 0 | 235917 | X | ||||
| Thomas J Rumsey | |||||||||
| VP External Affairs | 51.0 | 290110 | 0 | 197579 | X | ||||
| Ziauddin Ahmed | |||||||||
| Director Of Internal Audit | 45.0 | 213772 | 0 | 86249 | X | ||||
| Nicole M Bouchez | |||||||||
| Mgr.,Mkt Mitigation&Analysis | 43.0 | 162334 | 0 | 64291 | X | ||||
| Janet S Joyce | |||||||||
| Director, Prod. & Proj. Mgmt. | 46.0 | 230670 | 0 | 100348 | X | ||||
| John A Ravalli | |||||||||
| Manager of Grid Operations | 44.0 | 176401 | 0 | 124700 | X | ||||
| Ryan R Smith | |||||||||
| Mgr of Infrastructure Services | 45.0 | 181933 | 0 | 63877 | X | ||||
| James D Castle | |||||||||
| Mgr.,Reliab. Comp. & Ind. Afrs | 43.0 | 159046 | 0 | 120403 | X | ||||
| Robert A Pike | |||||||||
| Director Of Market Design | 54.0 | 230670 | 0 | 110502 | X | ||||
| Elaine D Robinson | |||||||||
| Director of Regulatory Affairs | 53.0 | 304556 | 0 | 49889 | X | ||||
| Michael J Swider | |||||||||
| Manager of Research & Dvlp | 44.0 | 236110 | 0 | 51421 | X | ||||
| Wesley J Yeomans | |||||||||
| Director Of Operations | 49.0 | 217193 | 0 | 105596 | X | ||||
| Samuel K Fell | |||||||||
| VP & Chief Information Officer | 9.0 | 217644 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 9348883 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3785217 | TotalOtherCompensation |
| Number Individuals GT100 K | 243 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Hunton and Williams | |||||
| 200 Park Ave 43rd floor | NEW YORK | NY | 10166 | Legal Services | 5319071 |
| Logic Technology Inc | |||||
| 650 Franklin Street | SCHENECTADY | NY | 12305 | Consulting Services | 4026914 |
| ABB INC | |||||
| 940 Main Campus Drive | RALEIGH | NC | 27606 | Consulting Services | 3355832 |
| Potomac Economics | |||||
| 9900 Fairfax Boulevard Suite 560 | FAIRFAX | VA | 22030 | Consulting Services | 2975889 |
| Woodward Connors Gillies | |||||
| Seleman Architects PC20 Corp Woods | ALBANY | NY | 12211 | Consulting Services | 1535906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 53 | NumberOfContractorsGT100K |
| Government Grants | 2554777 | GovernmentGrants |
| Total Contributions | 2554777 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TRANSMISSION TARIFF | 221000 | 142885022 | 142885022 |
| PLANNING STUDY FEES | 221000 | 3026064 | 3026064 |
| GOVERNANCE COMMITTEE FEES | 221000 | 393300 | 393300 |
| MISCELLANEOUS REVENUE | 221000 | 254785 | 254785 |
| MARKET TRAINING COURSE FEES | 221000 | 211486 | 211486 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 146770657 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26830 | TotalRevenueColumn |
| Exclusion | $26,830 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 149352264 | TotalRevenueColumn |
| Related Or Exempt Function Income | 146770657 | RelatedOrExemptFunctionIncome |
| Exclusion | $26,830 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7835824 | Total |
| Program Services | 781071 | ProgramServices |
| Management And General | 7054753 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41465886 | Total |
| Program Services | 27810458 | ProgramServices |
| Management And General | 13655428 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 672225 | Total |
| Program Services | 389843 | ProgramServices |
| Management And General | 282382 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7443837 | Total |
| Program Services | 4582181 | ProgramServices |
| Management And General | 2861656 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3082333 | Total |
| Program Services | 1787536 | ProgramServices |
| Management And General | 1294797 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6817701 | Total |
| Program Services | 5594072 | ProgramServices |
| Management And General | 1223629 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 688517 | Total |
| Management And General | 688517 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46159 | Total |
| Management And General | 46159 | 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 | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19120809 | Total |
| Program Services | 19120809 | ProgramServices |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25497 | Total |
| Management And General | 25497 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2682207 | Total |
| Program Services | 1570682 | ProgramServices |
| Management And General | 1111525 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19357128 | Total |
| Program Services | 15501104 | ProgramServices |
| Management And General | 3856024 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4356840 | Total |
| Program Services | 2795845 | ProgramServices |
| Management And General | 1560995 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 777191 | Total |
| Program Services | 380130 | ProgramServices |
| Management And General | 397061 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 921675 | Total |
| Program Services | 620785 | ProgramServices |
| Management And General | 300890 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1857707 | Total |
| Program Services | 1857707 | ProgramServices |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17103276 | Total |
| Program Services | 17103276 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2701436 | Total |
| Management And General | 2701436 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| FERC FEES | 12020191 | 12020191 |
| NPCC FEES | 286771 | 286771 |
| CHANGE IN FV OF INT. RATE SWAP | 89054 | 89054 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149352264 | Total |
| Program Services | 112291515 | ProgramServices |
| Management And General | 37060749 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77014 | BOY |
| EOY | 102840 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 424667326 | BOY |
| EOY | 439438692 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 2472089 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12799522 | BOY |
| EOY | 15096640 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4902973 | BOY |
| EOY | 9244934 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 229851815 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 164377537 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57174512 | BOY |
| EOY | 65474278 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22753699 | BOY |
| EOY | 11505163 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 522375046 | BOY |
| EOY | 543334636 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23633450 | BOY |
| EOY | 33585952 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28226245 | BOY |
| EOY | 63322401 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 388122265 | BOY |
| EOY | 363349937 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21202594 | BOY |
| EOY | 20402679 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38309333 | BOY |
| EOY | 40766667 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22881159 | BOY |
| EOY | 21907000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 522375046 | BOY |
| EOY | 543334636 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| 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 | 522375046 | BOY |
| EOY | 543334636 | 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 | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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 | 2554777 | CurrentTaxYear |
| Total | 2554777 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 144517887 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 150806029 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 143202331 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139223156 | CurrentTaxYearMinus1Year |
| Current Tax Year | 146770657 | CurrentTaxYear |
| Total | 724520060 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 144517887 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 150806029 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 143202331 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139223156 | CurrentTaxYearMinus1Year |
| Current Tax Year | 149325434 | CurrentTaxYear |
| Total | 727074837 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 47924750 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 52277104 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 52498954 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 54857195 | CurrentTaxYearMinus1Year |
| Current Tax Year | 58742250 | CurrentTaxYear |
| Total | 266300253 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 47924750 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 52277104 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 52498954 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 54857195 | CurrentTaxYearMinus1Year |
| Current Tax Year | 58742250 | CurrentTaxYear |
| Total | 266300253 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 460774584 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2723211 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3765488 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1488580 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 49863 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26830 | CurrentTaxYear |
| Total | 8053972 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 55650 | CurrentTaxYearMinus4Years |
| Total | 55650 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2778861 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3765488 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1488580 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 49863 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26830 | CurrentTaxYear |
| Total | 8109622 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 147296748 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 154571517 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 144690911 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139273019 | CurrentTaxYearMinus1Year |
| Current Tax Year | 149352264 | CurrentTaxYear |
| Total | 735184459 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.62675 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.63626 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01103 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01418 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 46159 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 46159 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 149306105 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 149352264 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 3000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,500,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 4141 | CurrentYearMinus2 |
| Current Year Minus1 | 12801 | CurrentYearMinus1 |
| Current Year | 46159 | CurrentYear |
| Total | 63101 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 750000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,125,000 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1803400 | OtherCostOrOtherBasis |
| Book Value | 1803400 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8867682 | OtherCostOrOtherBasis |
| Depreciation | 1589066 | Depreciation |
| Book Value | 7278616 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25653644 | OtherCostOrOtherBasis |
| Depreciation | 6006949 | Depreciation |
| Book Value | 19646695 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 72262696 | OtherCostOrOtherBasis |
| Depreciation | 60007530 | Depreciation |
| Book Value | 12255166 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121264393 | OtherCostOrOtherBasis |
| Depreciation | 96773992 | Depreciation |
| Book Value | 24490401 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 65474278 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REGULATORY LIABILITIES | $6,943,965 |
| CHANGE IN FMV OF INTEREST RATE | $4,168,817 |
| ACCRUED POSTRETIREMENT LIABILITY | $3,043,887 |
| VOLTAGE RESERVE NET OF ACCRUED INT | $2,951,406 |
| ACCRUED PENSION LIABILITY | $2,937,267 |
| DEFERRED COMPENSATION | $1,861,658 |
| AMOUNTS COLLECTED FOR SELF INS | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 21907000 | TotalOfAmounts |
| Total Revenue | 149352264 | TotalRevenue |
| Total Expenses | 149352264 | TotalExpenses |
| Tot Revenue Etc Audited Fincl Stmt | 149352264 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 149352264 | RevenueSubtotal |
| Total Revenue Per Form990 | 149352264 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 149352264 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 149352264 | ExpensesSubtotal |
| Total Expenses Per Form990 | 149352264 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV, Line 2b | Identifier |
| Explanation | The amounts recorded on line 21 of Part X on Form 990 consist of working capital reserves and cash collateral security deposits received from market participants. All market participants contribute to a working capital reserve fund, totaling $46,491,807 at 12/31/10, which is used to preserve liquidity in the NYISO markets. The working capital reserve fund is invested in a taxable money market fund with interest refunded annually to market participants. Additionally, certain market participants provide cash as collateral to meet their NYISO creditworthiness requirements. Deposits total $316,858,130 at 12/31/10 and are invested in money market funds according to market participant direction. Interest/dividends are provided to participants monthly. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | true | InitialContractException |
| Rebuttable Presumption Procedure | true | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (22 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | 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 | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Karen Antion | |||||||||||||
| 527932 | 0 | 0 | 0 | 0 | 36500 | 0 | 0 | 0 | 564432 | 0 | 68200 | 0 | |
| Stephen G Whitley | |||||||||||||
| 625000 | 0 | 0 | 0 | 0 | 533356 | 0 | 12929 | 0 | 1893160 | 0 | 569247 | 0 | 721875 |
| Wayne J Bailey | |||||||||||||
| 225000 | 0 | 0 | 0 | 0 | 195614 | 0 | 12182 | 0 | 635572 | 0 | 137589 | 0 | 202776 |
| Xingyong H Chao | |||||||||||||
| 225000 | 0 | 0 | 0 | 0 | 187531 | 0 | 17824 | 0 | 662645 | 0 | 232291 | 0 | 232290 |
| Richard J Dewey | |||||||||||||
| 253889 | 0 | 0 | 1733 | 0 | 216211 | 0 | 14824 | 0 | 728116 | 0 | 241459 | 0 | 241459 |
| Diane L Egan | |||||||||||||
| 121000 | 0 | 0 | 735 | 0 | 108860 | 0 | 0 | 0 | 300351 | 0 | 70491 | 0 | 69756 |
| Robert E Fernandez | |||||||||||||
| 268000 | 0 | 0 | 5680 | 0 | 231636 | 0 | 19690 | 0 | 900555 | 0 | 381229 | 0 | 375549 |
| Ricardo T Gonzales | |||||||||||||
| 284722 | 0 | 0 | 35269 | 0 | 447497 | 0 | 12260 | 0 | 1089307 | 0 | 344828 | 0 | 309559 |
| Mary K McGarvey | |||||||||||||
| 245000 | 0 | 0 | 3415 | 0 | 215266 | 0 | 9765 | 0 | 732733 | 0 | 262702 | 0 | 259287 |
| Rana Mukerji | |||||||||||||
| 277861 | 0 | 0 | 16024 | 0 | 217427 | 0 | 18490 | 0 | 912885 | 0 | 399107 | 0 | 383083 |
| Thomas J Rumsey | |||||||||||||
| 223782 | 0 | 0 | 0 | 0 | 180289 | 0 | 17290 | 0 | 487689 | 0 | 66058 | 0 | 66328 |
| Ziauddin Ahmed | |||||||||||||
| 165417 | 0 | 0 | 0 | 0 | 68959 | 0 | 17290 | 0 | 300021 | 0 | 0 | 0 | 48355 |
| Nicole M Bouchez | |||||||||||||
| 143000 | 0 | 0 | 0 | 0 | 55806 | 0 | 8485 | 0 | 226625 | 0 | 19334 | 0 | 19334 |
| Janet S Joyce | |||||||||||||
| 162750 | 0 | 0 | 0 | 0 | 83058 | 0 | 17290 | 0 | 331018 | 0 | 67920 | 0 | 67920 |
| John A Ravalli | |||||||||||||
| 156167 | 0 | 0 | 0 | 0 | 117759 | 0 | 6941 | 0 | 301101 | 0 | 20234 | 0 | 20234 |
| Ryan R Smith | |||||||||||||
| 139767 | 0 | 0 | 0 | 0 | 47776 | 0 | 16101 | 0 | 245810 | 0 | 0 | 0 | 42166 |
| James D Castle | |||||||||||||
| 141500 | 0 | 0 | 0 | 0 | 101649 | 0 | 18754 | 0 | 279449 | 0 | 17546 | 0 | 17546 |
| Robert A Pike | |||||||||||||
| 162750 | 0 | 0 | 0 | 0 | 93920 | 0 | 16582 | 0 | 341172 | 0 | 0 | 0 | 67920 |
| Elaine D Robinson | |||||||||||||
| 173085 | 0 | 0 | 0 | 0 | 44358 | 0 | 5531 | 0 | 354445 | 0 | 131471 | 0 | 131471 |
| Michael J Swider | |||||||||||||
| 145000 | 0 | 0 | 0 | 0 | 37197 | 0 | 14224 | 0 | 287531 | 0 | 0 | 0 | 91110 |
| Wesley J Yeomans | |||||||||||||
| 180000 | 0 | 0 | 0 | 0 | 87106 | 0 | 18490 | 0 | 322789 | 0 | 0 | 0 | 37193 |
| Samuel K Fell | |||||||||||||
| 14644 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 217644 | 0 | 203000 | 0 | 203000 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I QUESTION (7.) | AMOUNTS LISTED ON FORM 990, PART VII, FOR NYISO OFFICERS AND EMPLOYEES INCLUDE PAYMENTS MADE AND ACCRUED PURSUANT TO NYISO'S ANNUAL INCENTIVE PROGRAM AND LONG-TERM INCENTIVE PLAN FOR NYISO OFFICERS AND CERTAIN EMPLOYEES. |
| PART I (QUESTION 8.) | COMPENSATION REPORTED ON FORM 990, PART VII FOR STEPHEN G. WHITLEY INCLUDES SALARY AND AT RISK COMPENSATION PAYMENTS PAID PURSUANT TO A WRITTEN EMPLOYMENT CONTRACT DATED AS OF JULY 5, 2008 BY WHICH MR. WHITLEY BECAME PRESIDENT AND CHIEF EXECUTIVE OFFICER. MR. WHITLEY HAD NOT PREVIOUSLY BEEN A DISQUALIFIED PERSON WITH RESPECT TO NYISO, AND THE CONTRACT WAS IN EFFECT BEFORE HE RENDERED ANY SERVICES TO NYISO. |
| PART II | - MEMBERS OF THE NYISO BOARD OF DIRECTORS ARE COMPENSATED QUARTERLY IN ARREARS. "BASE COMPENSATION" LISTED IN COLUMN B(I) FOR BOARD MEMBERS REPRESENTS AMOUNTS PAID DURING 2010 FOR SERVICES RENDERED DURING Q4 2009 THROUGH Q3 2010. AMOUNTS REFLECTED AS "DEFERRED COMPENSATION" IN COLUMN C REPRESENT COMPENSATION FOR Q4 2010, WHICH WAS NOT PAID UNTIL 2011. - COLUMN C REFLECTS "DEFERRED COMPENSATION", WHICH INCLUDES THE ANNUAL INCREASE IN ACTUARIAL VALUE OF ACCRUED PENSION BENEFITS AND ACCRUED POST RETIREMENT BENEFITS. DEPENDING ON AGE, YEARS OF SERVICE, AND OTHER ACTUARIAL ASSUMPTIONS, CERTAIN INDIVIDUALS MAY REFLECT SIGNIFICANT CHANGES IN THE ACTUARIALLY-COMPUTED VALUE OF THEIR RESPECTIVE PENSION AND POST RETIREMENT BENEFITS. - COLUMN D REFLECTS "NONTAXABLE BENEFITS", WHICH FOR NYISO CONSISTS PRIMARILY OF MEDICAL, DENTAL, AND RELATED BENEFITS. - Line 1 (page 1): Includes final contract payment to Karen Antion as Working Chair with NYISO Board of Directors. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MICHAEL EGAN | |||
| SPOUSE | 162743 | SEE SCHEDULE O | false |
| SAMUEL K FELL | |||
| FORMER OFFICER | 14644 | SEE SCHEDULE O | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, QUESTION (5.) & PART V, QUESTION (2A.) | NYISO'S RESPONSES TO THESE QUESTIONS INDICATE 533 AS THE TOTAL NUMBER OF EMPLOYEES. AS PER THE FORM 990 INSTRUCTIONS, THIS TOTAL REPRESENTS THE NUMBER OF WAGE FORMS FOR EMPLOYEES (INCLUDING STUDENT INTERNS AND PART-TIME EMPLOYEES) ON NYISO'S PAYROLL AT ANY POINT DURING 2010. THE TOTAL NUMBER OF NYISO EMPLOYEES AT DECEMBER 31, 2010 WAS 465 MANY OF WHOM ARE PROFESSIONAL POWER SYSTEM ENGINEERS, NERC CERTIFIED SYSTEM OPERATORS, ACCOUNTANTS, ECONOMISTS AND ATTORNEYS. THERE ARE 18 EMPLOYEES WITH PHDS, 127 WITH MASTERS DEGREES, AND 215 WITH BACHELOR DEGREES OR EQUIVALENT. ALL NYISO EMPLOYEES HAVE BEEN SUBJECTED TO EXTENSIVE SECURITY REVIEWS, IN COOPERATION WITH THE UNITED STATES DEPARTMENTS OF ENERGY AND HOMELAND SECURITY. |
| PART IV, QUESTION (28A.) & SCHEDULE L, PART IV | SAMUEL K. FELL, A FORMER OFFICER OF THE NYISO, PERFORMED CONSULTING SERVICES FOR THE NYISO DURING 2010. SPECIFICALLY, MR. FELL COORDINATED THE ACTIVITIES OF A JOINT PROJECT TEAM TO DELIVER A SET OF PROPOSED SMART GRID INDUSTRY STANDARDS FOR THE INTEGRATION OF DEMAND RESPONSE AND ENERGY STORAGE RESOURCES. THE INDUSTRY PROJECT WAS LAUNCHED AT THE REQUEST OF FERC IN SUPPORT OF RAPIDLY DEVELOPING SMART GRID STANDARDS. PART IV, QUESTION (28B.) & SCHEDULE L, PART IV MICHAEL EGAN, A SHIFT SUPERVISOR IN THE NYISO OPERATIONS CONTROL ROOM, IS NOT AN OFFICER AND DOES NOT MEET THE INTERNAL REVENUE SERVICE DEFINITION OF A "KEY EMPLOYEE." DIANE EGAN, NYISO'S CORPORATE SECRETARY AND BOARD SECRETARY, IS AN OFFICER OF THE COMPANY AND IS MARRIED TO MICHAEL EGAN, ANOTHER NYISO EMPLOYEE. |
| PART V, QUESTIONS (4A. AND 4B.) | THE NYISO MAINTAINS A SERIES OF SELF INSURANCE POLICIES WITH A COMPANY THAT IS LOCATED IN THE CAYMAN ISLANDS. THE PURPOSE OF THESE POLICIES IS TO PAY THE HIGH RETENTION (DEDUCTIBLE) EXPENSES ASSOCIATED WITH ITS INSURANCE PROGRAM. THESE RETENTIONS ARE GENERALLY $500,000 PER CLAIM. MAINTAINING THESE POLICIES HELPS TO PROTECT NYISO'S MARKET PARTICIPANTS FROM SIGNIFICANT UNEXPECTED AND UNBUDGETED COSTS. THESE POLICIES WERE RELEASED ON 10/1/2010 AND ALL ACCOUNTS WERE CLOSED BY 10/31/2010. |
| PART VI, QUESTION (6.) | THE NYISO DOES NOT HAVE ANY MEMBERS OR STOCKHOLDERS WITH OWNERSHIP RIGHTS IN THE NYISO OR ITS ASSETS. IN ACCORDANCE WITH THE NYISO'S GOVERNING DOCUMENTS, ENTITIES THAT PARTICIPATE IN THE NYISO-ADMINISTERED MARKETS MAY TAKE PART IN A COMMITTEE PROCESS TO DEVELOP THE NYISO'S BUDGET AND MODIFICATIONS TO THE NYISO'S TARIFFS AND PROCEDURES, WHICH ARE THEN RECOMMENDED TO THE NYISO BOARD FOR ITS APPROVAL. THE NYISO BOARD MAINTAINS THE ULTIMATE RESPONSIBILITY FOR THE GOVERNANCE DECISIONS OF THE NYISO. |
| PART VI, QUESTION (7A.) | THE NYISO BOARD OF DIRECTORS MAKES FINAL DETERMINATIONS TO FILL VACANCIES ON THE BOARD. NYISO STAKEHOLDERS PARTICIPATING IN THE MANAGEMENT COMMITTEE (NYISO'S HIGHEST RANKING STAKEHOLDER COMMITTEE WITH REPRESENTATIVES FROM GENERATION OWNERS, TRANSMISSION OWNERS, END-USE CONSUMERS, PUBLIC POWER/ENVIRONMENTAL PARTIES, AND OTHER SUPPLIERS) ASSIST IN THIS PROCESS BY CONDUCTING A SEARCH TO IDENTIFY AT LEAST THREE BOARD CANDIDATES FOR EACH VACANCY THAT MEET THE QUALIFICATIONS SPECIFIED IN THE NYISO'S GOVERNING DOCUMENTS. THE NYISO BOARD MAY SELECT A DIRECTOR FROM THIS LIST, OR IT MAY SEEK A CANDIDATE IDENTIFIED THROUGH ANOTHER SOURCE, SUCH AS AN EXECUTIVE SEARCH FIRM. |
| PART VI, QUESTION (7B.) | AS A GENERAL RULE, THE DECISIONS OF THE NYISO BOARD ARE NOT SUBJECT TO THE APPROVAL OF NYISO STAKEHOLDERS. NOTE THAT IN ACCORDANCE WITH THE NYISO'S GOVERNING DOCUMENTS, NYISO STAKEHOLDERS THAT PARTICIPATE IN THE NYISO'S HIGHEST RANKING STAKEHOLDER COMMITTEE, THE MANAGEMENT COMMITTEE, HAVE TO ENDORSE CHANGES SOUGHT BY THE NYISO BOARD TO THE NYISO'S TARIFFS AND GOVERNING DOCUMENTS TO BE FILED PURSUANT TO SECTION 205 OF THE FEDERAL POWER ACT WITH THE NYISO'S CHIEF REGULATOR - THE FEDERAL ENERGY REGULATORY COMMISSION. HOWEVER, THE NYISO BOARD MAY PURSUE SUCH CHANGES WITHOUT THE MANAGEMENT COMMITTEE'S CONCURRENCE BY FILING PURSUANT TO SECTION 206 OF THE FEDERAL POWER ACT. |
| PART VI, QUESTION (11A.) | PRIOR TO FILING, THE NYISO FORM 990 IS REVIEWED BY THE CONTROLLER & ASSISTANT TREASURER, VICE PRESIDENT & CHIEF FINANCIAL OFFICER, PRESIDENT & CHIEF EXECUTIVE OFFICER AS WELL AS LEGAL COUNSEL. FOLLOWING THE COMPLETION OF REVIEWS BY THESE PARTIES, THE NYISO FORM 990 IS PROVIDED TO THE COMMERCE AND COMPENSATION COMMITTEE OF THE NYISO BOARD OF DIRECTORS ALONG WITH THE REST OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE FINAL FORM 990 IS THEN PREPARED, REVIEWED AND ELECTRONICALLY FILED BY AN EXTERNAL TAX PREPARER, KPMG LLP. |
| PART VI, QUESTION (12C.) | THE NYISO REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY PROVIDING TRAINING FOR NEW EMPLOYEES AND ANNUAL TRAINING FOR EXISTING EMPLOYEES, MANAGEMENT AND BOARD MEMBERS. ADDITIONALLY, PROHIBITED INVESTMENT LISTS ARE SENT QUARTERLY TO ALL EMPLOYEES AND BOARD MEMBERS FOR REVIEW TO FACILITATE COMPLETION OF A CONFLICT OF INTEREST SURVEY ON AN ANNUAL BASIS. NYISO MANAGEMENT AND BOARD MEMBERS RECEIVE ANNUAL COMPLIANCE TRAINING COVERING A VARIETY OF COMPLIANCE ISSUES, INCLUDING CONFLICT OF INTEREST. EMPLOYEES ALSO HAVE ACCESS TO A COMPLIANCE HOTLINE AND WHISTLEBLOWER SERVICE SHOULD THEY HAVE A COMPLIANCE QUESTION OR WISH TO REPORT A COMPLIANCE CONCERN. PART VI, QUESTION (14.) NYISO HAS A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, APPROVED BY NYISO'S PRESIDENT & CHIEF EXECUTIVE OFFICER AND PROVIDED TO ALL NYISO EMPLOYEES. THE INSTRUCTIONS TO THE 2010 FORMS 990 AND 990-EZ CLARIFY THAT "AN ORGANIZATION SHOULD ANSWER YES TO THIS QUESTION ONLY IF ITS GOVERNING BOARD ADOPTED THE POLICY BY THE END OF ITS TAX YEAR." NYISO'S BOARD OF DIRECTORS DID NOT SPECIFICALLY APPROVE ITS DOCUMENT RETENTION AND DESTRUCTION POLICY BY DECEMBER 31, 2010, AND THEREFORE, NYISO HAS ANSWERED NO TO THIS QUESTION. NYISO'S BOARD OF DIRECTORS HAS APPROVED THIS POLICY DURING 2011, PRIOR TO THE FILING OF THE 2010 FORM 990. |
| PART VI, QUESTION (15.) | THE NYISO ENGAGED AN INDEPENDENT EXECUTIVE COMPENSATION FIRM TO CONDUCT A BENCHMARKED COMPENSATION ASSESSMENT TO AID THE NYISO BOARD OF DIRECTORS IN A REVIEW OF COMPENSATION FOR ALL NYISO OFFICERS. THE COMPENSATION FIRM REVIEWS THE SCOPE OF RESPONSIBILITY FOR EACH NYISO OFFICER AND THEN DETERMINES THE COMPENSATION RATES FOR COMPARABLE POSITIONS AT OTHER INDEPENDENT SYSTEM OPERATORS AND ELECTRIC UTILITY COMPANIES OF SIMILAR SIZE. THE REPORT WAS USED TO FACILITATE A REVIEW AND APPROVAL BY THE NYISO BOARD OF DIRECTORS OF CURRENT COMPENSATION FOR THESE POSITIONS. THIS REVIEW IS PERFORMED ANNUALLY. SIMILARLY, KEY EMPLOYEE POSITIONS ARE BENCHMARKED BY INDEPENDENT COMPENSATION FIRMS AND /OR AGAINST SIMILAR POSITIONS IN OTHER ORGANIZATIONS AND INDUSTRIES. |
| PART VI, QUESTION (19.) | THE NYISO'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PART OF ITS FEDERALLY-APPROVED TARIFFS. THESE DOCUMENTS ARE ON FILE AT FERC AND ARE PUBLISHED ON THE NYISO'S WEBSITE. THE NYISO'S FINANCIAL STATEMENTS ARE INCLUDED IN AN ANNUAL REPORT, PUBLISHED ON THE NYISO'S WEBSITE. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK INDEPENDENT SYSTEM OPERATOR | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MED DENTAL LIFE 10 KREY BLVD RENSS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 12144 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271623493 | EIN |
| Primary Activities | POSTRTRMT INS | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(9) | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NYISO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |