Cause IQ organization profile

ISO New England (ISO-NE)

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

ISO-NE is a public sector improvement organization based in Holyoke, MA that was founded in 1997. As of 2019 they had $193 million in revenue and $547 million in assets.

ISO New England is the not-for-profit corporation responsible for overseeing the region's bulk power grid, wholesale electricity markets, and power system planning.

EIN:
04-3372500
City:
State:
Metro:
Website:
Twitter:
Founded:
1997
Type:
501(c)(3)
NTEE:
Revenue:
$193,047,934
Assets:
$547,211,218
Employees:
673
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at ISO-NE

Reference Line 4a: Energy Administration - ISO New England Inc. (ISO-NE) is the not-for-profit organization authorized by the federal government to perform three critical activities to ensure the reliable and safe supply of electricity throughout New England. Through its first activity, Energy Administration, ISO-NE ensures the constant availability of competitively-priced electricity for the region's 14.8 million residents by designing, refining, and administering the region's wholesale electricity markets and making sure these markets are fair and competitive. During 2018, ISO-NE was responsible for the fair administration of over $9.6 billion dollars of market transactions.

Reference Line 4c: Scheduling Service - Through its third activity, Scheduling Services, ISO-NE forecasts and schedules the exact amount of electricity needed in the region for every second of every day and ensures there is enough electricity generated to meet demand and maintain stringent reliability criteria. In conducting this activity, ISO-NE (i) monitors the flow of electricity into, out of, and over New England's high-voltage transmission system and (ii) schedules hundreds of diverse power resources and transmission components to supply just the right amount of electricity to meet the region's demand, which changes every time someone flips a switch. If too little electricity is produced, lights may not come on. Too much electricity could damage the system. ISO-NE is responsible for ensuring that the grid can withstand the sudden loss of a power plant or transmission equipment caused by weather, mechanical failure, terrorism, or other triggers.

Reference Line 4b: Reliability Administration - Through its second activity, Reliability Administration, ISO-NE ensures the reliable day-to-day operation of the region's high voltage transmission system. Among other things, this involves (i) coordinating the region's 350 power plants and 9,000 miles of high voltage transmission lines; (ii) managing the movement of high-voltage electricity into, within, and out of New England; (iii) ensuring that the six-state region has the power system resources necessary to meet consumer demand for electricity and federally-mandated reliability requirements; (iv) coordinating how transmission lines, power plants (such as coal, oil, nuclear, and natural gas-fired), and other resources connect to and operate on the power grid reliably; and (v), working with the industry to develop transmission infrastructure solutions that are essential for maintaining power system reliability. During 2018, ISO-NE coordinated the generation and transmission of the 123,307 gigawatt-hours of power consumed in the region.

Form 990s for ISO-NE

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 28, 2019990View PDF
2017-12Oct 16, 2018990View PDF
2016-12Oct 11, 2017990View PDF
2015-12Jan 10, 2017990View PDF
2014-12Aug 20, 2015990View PDF
...and five more Form 990 PDFs

Financials for ISO-NE

Field2018
Total grants, contributions, etc.$0
Program services$192,378,915
Investment income and dividends$669,019
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$193,047,934

Vendors for ISO-NE

VendorServicesAmount paidDate
KimbiaFundraising software2019-09-25
███████ ███ ████Fundraising software; Payment processing2019-09-25
██████████Marketing software; CRM software2019-09-25
████ █████████ ███ ███Energy Management System Developer$6,600,5842018-12-01
███ ████████Software Consultants$1,172,6842018-12-01
███████ ███Software Consultants$1,220,4382018-12-01
███ ███████████ ███Engineering Services$2,599,7372018-12-01
███████ ████████ ███Power System Consulting Services$1,147,0342018-12-01
...and 18 more vendors

Personnel at ISO-NE

NameTitleCompensationMost recent data
Gordon van WeliePresident , and Chief Executive Officer$1.5 millionSept. 26, 2019
Vamsi ChadalavadaExecutive Vice President and Chief Operating Officer$1.1 millionSept. 26, 2019
███████ █ █████Chief Economist$357,811Dec. 31, 2018
████ ██ ██████Vice President , External Affairs and Corporate Communications / Vice President External Affairs and Corp Communications$451,129Sept. 26, 2019
████ ████████Vice President , Market Monitoring-Sept. 26, 2019
████ ████Vice President , Market Development / Vice President Market Development$408,464Sept. 26, 2019
██████ ██████Vice President , Market Operations / Vice President Market Operations$472,084Sept. 26, 2019
██████ ██ █████████Vice President Human Resources$576,130Sept. 26, 2019
█████ ██ ████████Vice President System Operations$563,121Sept. 26, 2019
███████ █ ██████Vice President System Planning$500,893Dec. 31, 2018
...and 11 more key personnel

Peer public sector reform and improvement organizations

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15Americans for Prosperity (AFP)501(c)(4)$57 millionArlington, VA
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22Oak Ridge Associated Universities (ORAU)501(c)(3)$92 millionOak Ridge, TN
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24Vermont Energy Investment Corporation (VEIC)501(c)(3)$95 millionBurlington, VT
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