Cause IQ organization profile

Electric Reliability Council of Texas (ERCOT)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

ERCOT is a public sector improvement organization based in Austin, TX that was founded in 1990. As of 2019 they had $244 million in revenue and $1.5 billion in assets.

The Electric Reliability Council of Texas ensures a reliable electric grid and efficient electricity markets.

EIN:
74-2587416
City:
State:
Website:
Phone:
512-248-6800
Founded:
1990
Type:
501(c)(4)
NTEE:
Revenue:
$244,963,920
Assets:
$1,529,764,219
Employees:
811
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at ERCOT

Ercot successfully manages the flow of electricity to approximately 25 million customers in the state of Texas, which includes the management of financial settlement for the competitive wholesale bulk-power market and the administration of Electric provider account switching in competitive choice areas.

Form 990s for ERCOT

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 27, 2020990View PDF
2017-12Oct 16, 2018990View PDF
2016-12Nov 6, 2017990OView PDF
2015-12Dec 30, 2016990OView PDF
2014-12Sep 18, 2015990OView PDF
...and five more Form 990 PDFs

Financials for ERCOT

Field2018
Total grants, contributions, etc.$18,117
Program services$231,838,269
Investment income and dividends$13,091,015
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$15,446
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,073
Total revenues$244,963,920

Vendors for ERCOT

VendorServicesAmount paidDate
KimbiaFundraising software2020-06-26
███████ ███ ████Fundraising software; Payment processing2020-06-26
█████████ ███████ ████████Insurance agent or broker$7972019-12-31
████ ████ █████████ ███████ ██ ███████Insurance2019-12-31
███████ ██████████ ███████ ███Insurance2019-12-31
███████ █████████ █████████ ████Insurance agent or broker$5382019-12-31
█████████ ██ █████████Insurance agent or broker$12,4902019-12-31
██████ █ ██████Insurance agent or broker$7982019-12-31
...and 10 more vendors

Personnel at ERCOT

NameTitleCompensationMost recent data
Bill MagnessBoard Member; President and Chief Executive Officer$592,469Aug. 7, 2019
Cheryl Mele Sr.Senior Vice President and Chief Operating Officer$406,405Aug. 6, 2019
███████ █████████Vice President and Chief Financial Officer$293,821Aug. 6, 2019
█████ ██████Senior Vice President and Chief Information Officer$507,461Aug. 6, 2019
██████ █████Senior Vice President and Chief Administrative Officer-Aug. 6, 2019
█████ ███Vice President, Governance, Risk and Compliance and Chief Compliance Officer-Aug. 6, 2019
███████ ████Vice President, External Affairs and Corporate Communications$274,576Aug. 6, 2019
█████ ███████Vice President , Digital Services$229,597Dec. 31, 2017
█████ █ ████████Vice President , Human Resources$307,009July 4, 2018
█████ ███████Vice President, Commercial Operations-Aug. 6, 2019
...and 21 more key personnel

Peer public sector reform and improvement organizations

 NameTypeRevenueLocation
1Midcontinent Independent System Operator (MISO)501(c)(4)$400 millionCarmel, IN
2Southwest Power Pool (SPP)501(c)(6)$200 millionLittle Rock, AR
3Americans for Prosperity (AFP)501(c)(4)$96 millionArlington, VA
4Georgia System Operations Corporation501(c)(4)$85 millionTucker, GA
5California Independent System Operator (CAISO)501(c)(3)$228 millionFolsom, CA
6ISO New England (ISO-NE)501(c)(3)$193 millionHolyoke, MA
7North American Electric Reliability corporation (NERC)501(c)(6)$73 millionAtlanta, GA
8Blue Cross Blue Shield Association (BCBSA)501(c)(4)$606 millionChicago, IL
9Internet Corporation for Assigned NAMES and NUMBERS (ICANN)501(c)(3)$161 millionLos Angeles, CA
10New York Independent System Operator / Cheryl Hussey (NYISO)501(c)(3)$182 millionRensselaer, NY
11Sierra Club501(c)(4)$143 millionOakland, CA
12Arab Fund for Economic and Social Development501(c)(4)$380 millionKuwait,
13Rotary International - Doris Yuxue Xie Dir Fin501(c)(4)$105 millionEvanston, IL
14Marine Spill Response Corporation (MSRC)501(c)(4)$105 millionHerndon, VA
15Tufts Health Plan501(c)(4)$129 millionWatertown, MA
16Group Health Community Foundation501(c)(4)$166 millionSeattle, WA
17American Kennel Club501(c)(4)$78 millionNew York, NY
18Providence Plan Partners501(c)(4)$251 millionRenton, WA
19American Israel Public Affairs Committee (AIPAC)501(c)(4)$104 millionWashington, DC
20Detroit Education and Research501(c)(4)$69 millionDetroit, MI
21Disabled American Veterans501(c)(4)$150 millionCold Spring, KY
22Lions Clubs International (LCI)501(c)(4)$79 millionOak Brook, IL
23National Insurance Crime Bureau (NICB)501(c)(4)$64 millionDes Plaines, IL
24Young Presidents Organization (YPO)501(c)(6)$107 millionIrving, TX
25American Bureau of Shipping (ABS)501(c)(6)$460 millionSpring, TX