EIN 14-1815612

New York Independent System Operator / Cheryl Hussey (NYISO)

IRS 501(c) type
501(c)(3)
Num. employees
656
Year formed
1997
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The NYISO is a not-for-profit organization formed in 1998 as part of the restructuring of New York State's electric power industry.
Also known as...
Cheryl Hussey
Total revenues
$213,525,939
2022
Total expenses
$213,525,939
2022
Total assets
$877,178,997
2022
Num. employees
656
2022

Program areas at NYISO

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, THE NORTHEAST POWER COORDINATING COUNCIL, AND THE NEW YORK STATE RELIABILITY COUNCIL. NYISO'S EFFORTS TO SERVE THE PUBLIC INTEREST AND PROVIDE BENEFIT TO CONSUMERS INCLUDE: i. OPERATING THE BULK ELECTRICITY GRID IN NEW YORK STATE, MANAGING THE FLOW OF POWER ON MORE THAN 11,000 CIRCUIT-MILES OF HIGH-VOLTAGE TRANSMISSION LINES, FROM OVER 700 POWER GENERATING UNITS, ON A MINUTE-TO-MINUTE BASIS, 24 HOURS-A-DAY, SEVEN DAYS-A-WEEK. ii. ADMINISTERING AND MONITORING 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. iii. CONDUCTING LONG-TERM PLANNING ASSESSMENTS OF NEW YORK STATE'S ELECTRICITY RESOURCES AND POWER NEEDS, AND EVALUATING THE FEASIBILITY OF PROJECTS PROPOSED TO MEET THOSE NEEDS. iv. PROVIDING AUTHORITATIVE AND OBJECTIVE DATA AND ANALYSIS ON ENERGY ISSUES TO POLICY MAKERS, REGULATORS, MARKET PARTICIPANTS AND OTHER STAKEHOLDERS. v. DEVELOPING AND DEPLOYING COMMUNICATIONS AND DATA MANAGEMENT SYSTEMS TO OPTIMIZE THE DISPATCH OF POWER ON THE BULK POWER SYSTEM AND IMPLEMENT WHOLESALE ELECTRICITY MARKET DESIGN.

Personnel at NYISO

NameTitleCompensation
Richard J DeweyPresident and Chief Executive Officer$1,710,829
Ricardo T GonzalesSenior Vice President of Operations and Chief Operating Officer$840,194
Rick GonzalesSenior Vice President and Chief Operating Officer
Cheryl HusseyVice President and Chief Financial Officer$614,908
Doug ChapmanSenior Vice President and Chief Information Officer / Board Member
...and 21 more key personnel

Financials for NYISO

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$211,944,793
Investment income and dividends$1,581,146
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$213,525,939

Form 990s for NYISO

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-03990View PDF
2021-122022-08-24990View PDF
2020-122021-09-03990View PDF
2019-122020-10-08990View PDF
2018-122019-10-28990View PDF
...and 10 more Form 990s
Data update history
October 5, 2023
Updated personnel
Identified 2 new personnel
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 11 new vendors, including , , , , , , , , , , and
May 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
10 Krey Blvd Finance
Rensselaer, NY 12144
Metro area
Albany-Schenectady-Troy, NY
County
Rensselaer County, NY
Website URL
nyiso.com/ 
Phone
(518) 356-7325
IRS details
EIN
14-1815612
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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