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THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES INCLUDING THE FOLLOWING: TO (I) MAINTAIN THE RELIABILITY OF THE BULK POWER AND TRANSMISSION SYSTEM IN NEW ENGLAND BY, AMONGST OTHER FUNCTIONS, EXERCISING OPERATIONAL AUTHORITY OVER THE BULK TRANSMISSION FACILITIES, (II) ADMINISTER AND SEEK TO ENHANCE SUSTAINABLE, COMPETITIVE AND EFFICIENT ENERGY MARKETS, AND (III) PROVIDE NON-DISCRIMINATORY, OPEN-ACCESS TRANSMISSION SERVICE.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$264.6M
Program Spending
90%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$264.6M
Total Assets
$700.2M
Total Liabilities
▼$700.2M
Net Assets
$0
Officer Compensation
→$19.2M
Other Salaries
$102.3M
Investment Income
$2.1M
Fundraising
▼N/A
Tax Year 2024 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $6,000
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
IEEE FOUNDATION INC13-1356633 | PISCATAWAY, NJ | $6,000 | Cash | SUPPORT OF THE REGION 1 RECIPIENTS FOR THE IEEE PES SCHOLARSHIP PLUS INITIATIVE FUND |
| Total | $6,000 | |||
PISCATAWAY, NJ
$6,000
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$6M
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Energy | TAS::89 0328::TAS RECOVERY - SGIG - 09-0206: OBLIGATE $7,933,714. THE NEW ENGLAND SYNCHROPHASOR INSTALLATION AND DATA UTILIZATION (SIDU) SYSTEM WILL | $6M | FY2010 | Jun 2010 – Jun 2015 | Open → |
Department of Energy
$6M
TAS::89 0328::TAS RECOVERY - SGIG - 09-0206: OBLIGATE $7,933,714. THE NEW ENGLAND SYNCHROPHASOR INSTALLATION AND DATA UTILIZATION (SIDU) SYSTEM WILL
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $264.6M | $0 | $264.6M | $700.2M | $0 |
| 2023IRS e-File | $235.6M | $0 | $235.6M | $513.1M | $0 |
| 2022 | $210.8M | $0 | $210.8M | $732.6M | $0 |
| 2021 | $201.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Gordon Van Welie | President & Chief Executive Officer | 45 | $2.3M | $0 | $996.6K | $3.3M |
| Vamsi K Chadalavada | Exec. VP & Chief Operating Officer | 45 | $1.7M | $0 | $776.8K | $2.5M |
| Peter T Brandien | Vp, System Ops. & Market Admin. | 45 | $1.1M | $0 | $120.2K | $1.2M |
| Robert C Ludlow | Vp, Chief Financial & Comp. Off. | 45 | $816.6K | $0 | $380.5K | $1.2M |
| Maria A Gulluni | VP & General Counsel | 45 | $700K | $0 | $250.8K | $950.8K |
| Matthew W White | Vp, Market Dev. & Settlements & Chief Econ. | 45 | $713.9K | $0 | $231.6K | $945.5K |
| Anne C George | Vp, Chief Ext Affairs & Comm. Off. | 45 | $608.9K | $0 | $263.3K | $872.2K |
| Kathleen Decastro | Vp, Hr & Chief People Div. Off. | 45 | $517K | $0 | $285K | $802.1K |
| Rudolf A Pawul | Vp, Info. & Cyber Sec. Svcs. | 45 | $494.6K | $0 | $230.4K | $724.9K |
| Robert G Ethier | Vp, System Planning | 45 | $557K | $0 | $29.7K | $586.7K |
| Alan F Mcbride | V.p., System Planning | 46 | $340.8K | $0 | $65.9K | $406.8K |
| Stephen George | V.p, System Oper & Market Admin | 45 | $316.6K | $0 | $38.2K | $354.8K |
| Lorraine M Brady | Sr. Corp. Admin. & Asst. Sec. | 45 | $125.8K | $0 | $30.5K | $156.4K |
Gordon Van Welie
President & Chief Executive Officer
$3.3M
Hrs/Wk
45
Compensation
$2.3M
Related Orgs
$0
Other
$996.6K
Vamsi K Chadalavada
Exec. VP & Chief Operating Officer
$2.5M
Hrs/Wk
45
Compensation
$1.7M
Related Orgs
$0
Other
$776.8K
Peter T Brandien
Vp, System Ops. & Market Admin.
$1.2M
Hrs/Wk
45
Compensation
$1.1M
Related Orgs
$0
Other
$120.2K
Robert C Ludlow
Vp, Chief Financial & Comp. Off.
$1.2M
Hrs/Wk
45
Compensation
$816.6K
Related Orgs
$0
Other
$380.5K
Maria A Gulluni
VP & General Counsel
$950.8K
Hrs/Wk
45
Compensation
$700K
Related Orgs
$0
Other
$250.8K
Matthew W White
Vp, Market Dev. & Settlements & Chief Econ.
$945.5K
Hrs/Wk
45
Compensation
$713.9K
Related Orgs
$0
Other
$231.6K
Anne C George
Vp, Chief Ext Affairs & Comm. Off.
$872.2K
Hrs/Wk
45
Compensation
$608.9K
Related Orgs
$0
Other
$263.3K
Kathleen Decastro
Vp, Hr & Chief People Div. Off.
$802.1K
Hrs/Wk
45
Compensation
$517K
Related Orgs
$0
Other
$285K
Rudolf A Pawul
Vp, Info. & Cyber Sec. Svcs.
$724.9K
Hrs/Wk
45
Compensation
$494.6K
Related Orgs
$0
Other
$230.4K
Robert G Ethier
Vp, System Planning
$586.7K
Hrs/Wk
45
Compensation
$557K
Related Orgs
$0
Other
$29.7K
Alan F Mcbride
V.p., System Planning
$406.8K
Hrs/Wk
46
Compensation
$340.8K
Related Orgs
$0
Other
$65.9K
Stephen George
V.p, System Oper & Market Admin
$354.8K
Hrs/Wk
45
Compensation
$316.6K
Related Orgs
$0
Other
$38.2K
Lorraine M Brady
Sr. Corp. Admin. & Asst. Sec.
$156.4K
Hrs/Wk
45
Compensation
$125.8K
Related Orgs
$0
Other
$30.5K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| M David Hameedy | Exec Director, Program Mgmt. Office | 40 | $371.3K | $0 | $138.3K | $509.6K |
| Albert Evans | Chief Of Information Security | 40 | $411.5K | $0 | $35.7K | $447.2K |
| Tongxin Zheng | Chief Technologist | 41 | $350.8K | $0 |
M David Hameedy
Exec Director, Program Mgmt. Office
$509.6K
Hrs/Wk
40
Compensation
$371.3K
Related Orgs
$0
Other
$138.3K
Albert Evans
Chief Of Information Security
$447.2K
Hrs/Wk
40
Compensation
$411.5K
Related Orgs
$0
Other
$35.7K
Tongxin Zheng
Chief Technologist
$441.5K
Hrs/Wk
41
Compensation
$350.8K
Related Orgs
$0
Other
$90.6K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Brook M Colangelo | Director | 8 | $153.3K | $0 | $0 | $153.3K |
| Caren Anders | Director | 8 | $140.3K | $0 | $0 | $140.3K |
| Catherine Flax | Director | 8 | $135.3K | $0 | $0 | $135.3K |
| Cheryl Lafleur | Chair, Board Of Directors | 8 | $160.3K |
Brook M Colangelo
Director
$153.3K
Hrs/Wk
8
Compensation
$153.3K
Related Orgs
$0
Other
$0
Caren Anders
Director
$140.3K
Hrs/Wk
8
Compensation
$140.3K
Related Orgs
$0
Other
$0
Catherine Flax
Director
$135.3K
Hrs/Wk
8
Compensation
$135.3K
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Mark G Karl | Former Vp, Market Dev. & Settlements | — | $453K | $0 | -$46.3K | $406.8K |
| Michael N Taniwha | Former It Dir., Infr. & Entrpr. Supp. | — | $197.9K | $0 | -$21.7K | $176.2K |
Mark G Karl
Former Vp, Market Dev. & Settlements
$406.8K
Hrs/Wk
—
Compensation
$453K
Related Orgs
$0
Other
-$46.3K
Michael N Taniwha
Former It Dir., Infr. & Entrpr. Supp.
$176.2K
Hrs/Wk
—
Compensation
$197.9K
Related Orgs
$0
Other
-$21.7K
| $0 |
| $201.7M |
| $660.6M |
| $0 |
| 2020 | $195.6M | $0 | $195.6M | $546.4M | $0 |
| 2019 | $194.3M | $0 | $194.3M | $566.8M | $0 |
| 2018 | $193M | $0 | $193M | $547.2M | $0 |
| 2017 | $184.4M | $0 | $184.4M | $474.6M | $0 |
| 2016 | $181.6M | $0 | $181.6M | $449.8M | $0 |
| 2015 | $174.7M | $0 | $174.7M | $412.9M | $0 |
| 2014 | $163.2M | $0 | $163.2M | $605.6M | $0 |
| 2013 | $157.3M | $134.2K | $157.3M | $693.6M | $0 |
| 2012 | $148.8M | $534.2K | $148.8M | $503.5M | $0 |
| 2011 | $139.6M | $309.1K | $139.6M | $536.4M | $0 |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| $90.6K |
| $441.5K |
| Dennis G Robinson | Exec Director, Market Admin. & Auctions | 41 | $347.5K | $0 | $92.6K | $440.1K |
| Shannon L Carey | Exec Director, Mkt. Analysis & Stlmnt. | 42 | $347.9K | $0 | $81.7K | $429.6K |
| Matthew F Goldberg | Exec Director, Strat., Risk & Ops. Comm. | 40 | $371.1K | $0 | $56.5K | $427.6K |
| David Naughton | Exec. Dir., Mkt. Monitoring | 40 | $356.7K | $0 | $58.8K | $415.5K |
| Christopher Geissler | Director, Economic Analysis | 44 | $364.7K | $0 | $36.9K | $401.6K |
| Christopher Nolan | Director, Market & Credit Risk | 40 | $364.8K | $0 | $36.5K | $401.3K |
| Parviz Alivand | Manager, Market Design And Principal Economist | 41 | $349.7K | $0 | $44.4K | $394.1K |
| Brent Oberlin | Exec Director, Transmission Planning | 47 | $321.9K | $0 | $69.9K | $391.8K |
| Steven Gould | Director, Operations | 45 | $294.2K | $0 | $94.5K | $388.7K |
| John Diloreto | Exec Director, Internal Audit | 40 | $345.5K | $0 | $40.7K | $386.2K |
Dennis G Robinson
Exec Director, Market Admin. & Auctions
$440.1K
Hrs/Wk
41
Compensation
$347.5K
Related Orgs
$0
Other
$92.6K
Shannon L Carey
Exec Director, Mkt. Analysis & Stlmnt.
$429.6K
Hrs/Wk
42
Compensation
$347.9K
Related Orgs
$0
Other
$81.7K
Matthew F Goldberg
Exec Director, Strat., Risk & Ops. Comm.
$427.6K
Hrs/Wk
40
Compensation
$371.1K
Related Orgs
$0
Other
$56.5K
David Naughton
Exec. Dir., Mkt. Monitoring
$415.5K
Hrs/Wk
40
Compensation
$356.7K
Related Orgs
$0
Other
$58.8K
Christopher Geissler
Director, Economic Analysis
$401.6K
Hrs/Wk
44
Compensation
$364.7K
Related Orgs
$0
Other
$36.9K
Christopher Nolan
Director, Market & Credit Risk
$401.3K
Hrs/Wk
40
Compensation
$364.8K
Related Orgs
$0
Other
$36.5K
Parviz Alivand
Manager, Market Design And Principal Economist
$394.1K
Hrs/Wk
41
Compensation
$349.7K
Related Orgs
$0
Other
$44.4K
Brent Oberlin
Exec Director, Transmission Planning
$391.8K
Hrs/Wk
47
Compensation
$321.9K
Related Orgs
$0
Other
$69.9K
Steven Gould
Director, Operations
$388.7K
Hrs/Wk
45
Compensation
$294.2K
Related Orgs
$0
Other
$94.5K
John Diloreto
Exec Director, Internal Audit
$386.2K
Hrs/Wk
40
Compensation
$345.5K
Related Orgs
$0
Other
$40.7K
| $0 |
| $0 |
| $160.3K |
| Craig Ivey | Director | 8 | $144.3K | $0 | $0 | $144.3K |
| Mark Vannoy | Director | 8 | $148.8K | $0 | $0 | $148.8K |
| Melvin G Williams Jr | Director | 8 | $136.8K | $0 | $0 | $136.8K |
| Michael J Curran | Director | 8 | $137.3K | $0 | $0 | $137.3K |
| Steven B Corneli | Director | 8 | $132.8K | $0 | $0 | $132.8K |
Cheryl Lafleur
Chair, Board Of Directors
$160.3K
Hrs/Wk
8
Compensation
$160.3K
Related Orgs
$0
Other
$0
Craig Ivey
Director
$144.3K
Hrs/Wk
8
Compensation
$144.3K
Related Orgs
$0
Other
$0
Mark Vannoy
Director
$148.8K
Hrs/Wk
8
Compensation
$148.8K
Related Orgs
$0
Other
$0
Melvin G Williams Jr
Director
$136.8K
Hrs/Wk
8
Compensation
$136.8K
Related Orgs
$0
Other
$0
Michael J Curran
Director
$137.3K
Hrs/Wk
8
Compensation
$137.3K
Related Orgs
$0
Other
$0
Steven B Corneli
Director
$132.8K
Hrs/Wk
8
Compensation
$132.8K
Related Orgs
$0
Other
$0