Cause IQ organization profile

Midcontinent Independent System Operator (MISO)

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

MISO is a public utility based in Carmel, IN that was founded in 1998. As of 2019 they had $400 million in revenue and $1.5 billion in assets.

Monitor and control an electric transmission System that provides all customers with open access to the System without discrimination and ensure safe, reliable, and efficient operation for the benefit of all customers. Monitor and control electric tra...

Previous legal names or variations of their name include: Midwest Independent Transmission System Operator.

EIN:
43-1827033
City:
State:
Metro:
Website:
Founded:
1998
Type:
501(c)(4)
NTEE:
Revenue:
$400,001,689
Assets:
$1,589,375,925
Employees:
1,096
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at MISO

On december 19, 2001, the Midcontinent Independent System operator, inc. (miso or the company) became the nation's first regional transmission organization (rto) approved by the federal energy regulatory commission (the ferc). As an rto, miso provides transmission service on behalf of its members who own transmission assets. In addition, miso is a north american electric reliability corporation (nerc) certified reliability coordinator. In that capacity, miso monitors the flow of electricity over the transmission systems of its members who own transmission assets. Miso was incorporated as a Delaware non-stock, nonprofit corporation in march 1998. The company is governed by an Independent board of directors. Membership in miso is open to owners of electric transmission facilities as well as other participants in the electric energy market. Fifty transmission owners with more than 65,800 miles of transmission lines, 191,000 megawatts of electric generation, and approximately $37.9 billion in installed gross transmission assets are ...

Form 990s for MISO

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 16, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Feb 27, 2017990OView PDF
2014-12Feb 4, 2016990OView PDF
...and five more Form 990 PDFs

Financials for MISO

Field2018
Total grants, contributions, etc.$850,092
Program services$379,491,784
Investment income and dividends$19,659,813
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$400,001,689

Vendors for MISO

VendorServicesAmount paidDate
The Guardian Life Insurance Company Of AmericaInsurance2019-12-31
███ ███████ ████████ ████ █████████ ███████Insurance2019-12-31
██████ █████████ ██████ ████Insurance agent or broker; Insurance agents and brokers$4,2402019-12-31
██████ █████████ ███████ ████Insurance agent or broker$1,5002019-12-31
██████Actuarial services2019-12-31
██████Fundraising software2019-08-21
███████ ███ ████Fundraising software; Payment processing2019-08-21
█████ ███ █████ ██ ███Tax accounting2018-12-03
...and 11 more vendors

Personnel at MISO

NameTitleCompensationMost recent data
John BearPresident and Chief Executive Officer$2.5 millionDec. 31, 2017
Melissa BrownSenior Vice President and Chief Financial Officer$367,476Dec. 3, 2018
████ ████ █████Senior Vice President and Chief Information Officer$660,298Dec. 31, 2017
█████ ███████Exec Vice President Operations$1.0 millionDec. 31, 2017
███████ ██████Vice President - Human Resources$529,305Dec. 31, 2017
███████ █████ █████Vice President Strategy and Business Develop$538,003Dec. 31, 2017
████████ ██████Vice President System Planning$507,610Dec. 31, 2017
████ █████Vice President System Ops and Markets$522,856Dec. 31, 2017
███████ ████ █████Executive Director of Tam$427,888Dec. 31, 2017
█████ ██████Vice President and General Counsel$443,536Dec. 31, 2017
...and 15 more key personnel

Peer public utilities

 NameTypeRevenueLocation
1Electric Reliability Council of Texas (ERCOT)501(c)(4)$244 millionAustin, TX
2Southwest Power Pool (SPP)501(c)(6)$200 millionLittle Rock, AR
3New York Independent System Operator / Cheryl Hussey (NYISO)501(c)(3)$182 millionRensselaer, NY
4Hometown Health501(c)(4)$390 millionReno, NV
5Providence Plan Partners501(c)(4)$251 millionRenton, WA
6Disabled American Veterans501(c)(4)$150 millionCold Spring, KY
7California Independent System Operator (CAISO)501(c)(3)$228 millionFolsom, CA
8Goodwill of Central and Southern Indiana501(c)(3)$112 millionIndianapolis, IN
9IU Health Physicians501(c)(3)$800 millionIndianapolis, IN
10Saint Joseph Regional Medical Center- South Bend Campus501(c)(3)$397 millionMishawaka, IN
11St Vincent Evansville Medical Group501(c)(3)$101 millionEvansville, IN
12St Mary's Health501(c)(3)$110 millionEvansville, IN
13ISO New England (ISO-NE)501(c)(3)$193 millionHolyoke, MA