EIN 14-1815612

New York Independent System Operator / Cheryl Hussey (NYISO)

IRS 501(c) type
501(c)(3)
Num. employees
673
Year formed
1997
Most recent tax filings
2023-12-01
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
$230,448,968
2023
Total expenses
$230,448,968
2023
Total assets
$732,953,039
2023
Num. employees
673
2023

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.

Grants made by NYISO

GranteeGrant descriptionAmount
IEEE FoundationScholarship$10,000

Personnel at NYISO

NameTitleCompensation
Richard J DeweyPresident and Chief Executive Officer$1,897,858
Emilie R N ChrapowitzkyExecutive Vice President and Chief Operating Officer$923,764
Ricardo T GonzalesSenior Vice President of Operations and Chief Operating Officer$881,446
Cheryl HusseyVice President and Chief Financial Officer$646,813
Douglas ChapmanSenior Vice President , Chief Information Officer$747,274
...and 21 more key personnel

Financials for NYISO

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$224,667,480
Investment income and dividends$5,781,488
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$230,448,968

Form 990s for NYISO

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-19990View PDF
2022-122023-08-03990View PDF
2021-122022-08-24990View PDF
2020-122021-09-03990View PDF
2019-122020-10-08990View PDF
...and 11 more Form 990s
Data update history
September 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
September 21, 2024
Updated personnel
Identified 3 new personnel
October 5, 2023
Updated personnel
Identified 2 new personnel
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingTax deductible donationsAccepts online 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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