EIN 14-1815612

New York Independent System Operator (NYISO)

IRS 501(c) type
501(c)(3)
Num. employees
628
Year formed
1997
Most recent tax filings
2020-12-01
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

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.

Form 990s for NYISO

Fiscal year endingDate received by IRSFormPDF link
2020-122021-09-03990View PDF
2019-122020-10-08990View PDF
2018-122019-10-28990View PDF
2017-122018-10-16990View PDF
2016-122017-10-19990View PDF
...and 8 more Form 990s

Who funds New York Independent System Operator (NYISO)

Federal funding details
Federal agencyProgram nameAmount
Department of EnergyARRA - ELECTRICITY DELIVERY AND ENERGY RELIABILITY RESEARCH DEVELOPMENT$4,364,132
 View purchase options██ - █████ ████ ██ ███ █████ ████ ██████$░░░,░░░

Financials for NYISO

RevenuesFYE 12/2019
Total grants, contributions, etc.$0
Program services$180,567,971
Investment income and dividends$1,450,669
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$251,689
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$182,270,329

Personnel at NYISO

NameTitleCompensation
Richard J. DeweyPresident and Chief Executive Officer$908,231
Rick GonzalesSenior Vice President and Chief Operating Officer
Cheryl L. HusseyVice President and Chief Financial Officer$546,675
 View purchase optionsSenior Vice President and Chief Information Officer / Board Member
 View purchase optionsVice President , External Affairs and Corporate Communications / Executive Vice President , General Counsel and Chief Compliance Officer / Vice President , External Affairs$527,925
...and 21 more key personnel

Organizations like NYISO

OrganizationLocationRevenue
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Texas Association of School BoardsAustin, TX$75,502,984
Rocky Mountain InstituteBoulder, CO$61,864,266
Fermi Research Alliance (FRA)Batavia, IL$478,201,204
Slipstream GroupMadison, WI$48,356,747
Success Academy Charter SchoolsNew York, NY$88,191,643
Fund for the City of New York (FCNY)New York, NY$97,537,375
Paralyzed Veterans of AmericaWashington, DC$97,544,526
California Independent System Operator (CAISO)Folsom, CA$229,176,886
Retiree Resources CorporationKnoxville, TN$46,074,289
Internet Corporation for Assigned NAMES and NUMBERS (ICANN)Los Angeles, CA$149,593,615
SRCNorth Syracuse, NY$279,923,526
MRIGlobalKansas City, MO$108,959,622
National Fire Protection AssociationQuincy, MA$81,323,132
Local Initiatives Support CorporationNew York, NY$202,088,773
Tides CenterSan Francisco, CA$200,415,091
ActIowa City, IA$302,301,198
International Research and Exchanges Board (IREX)Washington, DC$78,614,102
Conference of State Bank Supervisors (CSBS)Washington, DC$82,883,592
Carnegie Endowment for International PeaceWashington, DC$57,208,207
International Aids Vaccine Initiative (IAVI)New York, NY$88,458,944
Ducks UnlimitedMemphis, TN$185,369,449
Environmental Defense Fund (EDF)New York, NY$185,639,721
World Resources Institute (WRI)Washington, DC$159,318,068
Union of Concerned Scientists (UCS)Cambridge, MA$45,788,985
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$182,270,329
2019
Yearly growth
-0.2%
% of revenues
n/a
Total expenses
$182,270,329
2019
Yearly growth
-0.2%
% of expenses
n/a
Total assets
$661,627,277
2019
Yearly growth
17%
% of assets
n/a
Num. employees
628
2019
Yearly growth
-0.6%
% of total
n/a
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
813319: Social Advocacy Organizations
Parent/child status
Central organization