NonprofitsIso New England Inc

Environment

Iso New England Inc

HOLYOKE, MA

Total revenue

$264.6M

Total expenses

$264.6M

Net assets

Grants received

EIN

043372500

Tax year

2024

Mission

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.

Programs

2 programs

Through its second activity, reliability administration, iso-ne ensures the reliable day-to-day operation of the region's high voltage transmission system. Among other things, this involves (i) coordinating the operation of the region's nearly 400 dispatchable power plants and 9,000 miles of high voltage transmission lines; (ii) managing the movement of high-voltage electricity into, within, and out of new england; (iii) ensuring that the six-state new england region has the power system resources necessary to meet consumer demand for electricity and federally-mandated reliability requirements; (iv) coordinating how transmission lines, generation, and other resources connect to and operate on the power grid reliably; and (v), working with the industry to develop transmission infrastructure solutions that are essential for maintaining power system reliability. During 2024 iso-ne coordinated the generation and transmission of the approximately 116,700 gigawatt-hours of power consumed in the region.

Expenses: $71.4MGrants: $14K

Through its third activity, scheduling services, iso-ne forecasts and schedules the electricity needed in the region for every second of every day and ensures there is enough electricity generated to meet demand as well as resources needed to maintain stringent reliability criteria. In conducting this activity, iso-ne (i) monitors the flow of electricity into, out of, and over new england's high-voltage transmission system and (ii) schedules hundreds of diverse power resources and transmission components to supply just the right amount of electricity to meet the region's demand and required reserve margin. Iso-ne is responsible for ensuring that the grid can withstand the sudden loss of a power plant or transmission equipment caused by weather, mechanical failure, or other triggers.

Expenses: $50.8M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$262.5M
Investment income$2.1M
Other revenue
Total revenue$264.6M

Expenses

Grants paid$14K
Salaries & benefits$156.4M
Fundraising
Other expenses$108.2M
Total expenses$264.6M
Total assets$700.2M
Net assets

People

37 listed

NameRoleCompensation

GORDON VAN WELIE

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

$2.3M

45 hrs/wk

VAMSI K CHADALAVADA

EXEC. VP & CHIEF OPERATING OFFICER

Board

$1.7M

45 hrs/wk

PETER T BRANDIEN

VP, SYSTEM OPS. & MARKET ADMIN.

Board

$1.1M

45 hrs/wk

ROBERT C LUDLOW

VP, CHIEF FINANCIAL & COMP. OFF.

Board

$817K

45 hrs/wk

MATTHEW W WHITE

VP, MARKET DEV. & SETTLEMENTS & CHIEF ECON.

Board

$714K

45 hrs/wk

MARIA A GULLUNI

VP & GENERAL COUNSEL

Board

$700K

45 hrs/wk

ANNE C GEORGE

VP, CHIEF EXT AFFAIRS & COMM. OFF.

Board

$609K

45 hrs/wk

ROBERT G ETHIER

VP, SYSTEM PLANNING

Board

$557K

45 hrs/wk

KATHLEEN DECASTRO

VP, HR & CHIEF PEOPLE DIV. OFF.

Board

$517K

45 hrs/wk

RUDOLF A PAWUL

VP, INFO. & CYBER SEC. SVCS.

Board

$495K

45 hrs/wk

ALAN F MCBRIDE

V.P., System Planning

Board

$341K

46 hrs/wk

STEPHEN GEORGE

V.P, SYSTEM OPER & MARKET ADMIN

Board

$317K

45 hrs/wk

CHERYL LAFLEUR

CHAIR, BOARD OF DIRECTORS

Board

$160K

8 hrs/wk

BROOK M COLANGELO

DIRECTOR

Board

$153K

8 hrs/wk

MARK VANNOY

DIRECTOR

Board

$149K

8 hrs/wk

CRAIG IVEY

DIRECTOR

Board

$144K

8 hrs/wk

CAREN ANDERS

DIRECTOR

Board

$140K

8 hrs/wk

MICHAEL J CURRAN

DIRECTOR

Board

$137K

8 hrs/wk

MELVIN G WILLIAMS JR

DIRECTOR

Board

$137K

8 hrs/wk

CATHERINE FLAX

DIRECTOR

Board

$135K

8 hrs/wk

STEVEN B CORNELI

DIRECTOR

Board

$133K

8 hrs/wk

LORRAINE M BRADY

SR. CORP. ADMIN. & ASST. SEC.

Board

$126K

45 hrs/wk

MARK G KARL

FORMER VP, MARKET DEV. & SETTLEMENTS

Staff

$453K

ALBERT EVANS

CHIEF OF INFORMATION SECURITY

Staff

$411K

40 hrs/wk

M DAVID HAMEEDY

EXEC DIRECTOR, PROGRAM MGMT. OFFICE

Staff

$371K

40 hrs/wk

MATTHEW F GOLDBERG

EXEC DIRECTOR, STRAT., RISK & OPS. COMM.

Staff

$371K

40 hrs/wk

CHRISTOPHER NOLAN

DIRECTOR, MARKET & CREDIT RISK

Staff

$365K

40 hrs/wk

CHRISTOPHER GEISSLER

DIRECTOR, ECONOMIC ANALYSIS

Staff

$365K

44 hrs/wk

DAVID NAUGHTON

EXEC. DIR., MKT. MONITORING

Staff

$357K

40 hrs/wk

TONGXIN ZHENG

CHIEF TECHNOLOGIST

Staff

$351K

41 hrs/wk

PARVIZ ALIVAND

MANAGER, MARKET DESIGN AND PRINCIPAL ECONOMIST

Staff

$350K

41 hrs/wk

SHANNON L CAREY

EXEC DIRECTOR, MKT. ANALYSIS & STLMNT.

Staff

$348K

42 hrs/wk

DENNIS G ROBINSON

EXEC DIRECTOR, MARKET ADMIN. & AUCTIONS

Staff

$348K

41 hrs/wk

JOHN DILORETO

EXEC DIRECTOR, INTERNAL AUDIT

Staff

$346K

40 hrs/wk

BRENT OBERLIN

EXEC DIRECTOR, TRANSMISSION PLANNING

Staff

$322K

47 hrs/wk

STEVEN GOULD

Director, Operations

Staff

$294K

45 hrs/wk

MICHAEL N TANIWHA

FORMER IT DIR., INFR. & ENTRPR. SUPP.

Staff

$198K

Independent contractors

GE ENERGY MANAGEMENT SERVICE

ENERGY MANAGEMENT SYSTEM

$9.7M

MITSUBISHI ELECTRIC POWER PRODUCTS INC

POWER SYSTEM CONSULTING

$3.7M

SIEMENS INDUSTRY INC

POWER SYSTEM CONSULTING

$3.5M

FOOTBRIDGE CONSULTING LLC

CONSULTANTS

$1.6M

BLACKWOOD ASSOCIATES INC

ADVISORY SERVICES

$1.4M

Details

EIN043372500
NTEE codeC35
Subsection03
Ruling date2004-11
Formed1997
Employees764
Volunteers0
ISO NEW ENGLAND INC — Mission, Financials & Grants Received | Grantivo