Environment
Serc Reliability Corporation
CHARLOTTE, NC
Total revenue
$31.5M
Total expenses
$32.2M
Net assets
$14.4M
Grants received
—
EIN
203311003
Tax year
2024
Mission
The mission of the serc reliability corporation (serc) is to assure effective and efficient reduction of risks to the reliability and security of the bulk power system. Serc provides statutory functions called for in section 215 of the federal power act, in accordance with its delegation agreement between serc and the north american electric reliability corporation (nerc). Serc provides the following functions: analyze events to identify lessons learned that will improve reliability; promote bps reliability, adequacy and security; help develop reliability standards for the north american bulk power system (bps) and the serc region; monitor and enforce approved mandatory reliability standards; register and certify responsible entities under the reliability compliance program; assess the bps past, present, and future risk profile in order to assure reliability, adequacy, and security; and train operating personnel to assure competence.
Programs
2 programs
The second largest program at serc is the reliability assessments and performance analysis (rapa) program. Serc's rapa program provides analysis, data gathering, and analysis of events on the bps. The rapa function identifies reliability risks to the bps in the serc footprint for the purpose of integrated risk analysis. Rapa's mission is to promote a culture of reliability excellence among the owners of bps assets. The program accomplishes this mission by identifying risks to reliability, analyzing performance and prioritizing significant risks.serc conducts an independent reliability assessment of the bps within the serc region, including data gathering and analysis. The assessment program uses information from its internal data collection sources along with other programs, such as nerc transmission availability data system (tads), generating availability data systems (gads), and demand response availability data system (dads). Serc evaluates the overall reliability, performance, and adequacy of the serc region and reports its results to nerc. Serc's work supports nerc's obligation to perform similar analysis of the interconnected north american bps.
The third largest program is training, education, and operator certification. The serc training, education, and operator certification program provides education and training necessary to obtain essential knowledge on the operations of the bps. Serc training and education programs support the continuing education certified system operators in the serc region. The program's target audience is bps operating personnel, system operators, operations support personnel, and training personnel. Serc supports the development of serc's staff training and education in power system operating topics.serc also provides education to registered entities through robust outreach engagements, focusing primarily on compliance activities, internal controls, and emerging reliability issues.
Financials
FY 2024
Revenue
Expenses
People
28 listed
JASON BLAKE
PRESIDENT/CEO
$753K
40 hrs/wk
HOLLY HAWKINS
VP - GEN. COUNSEL & CORP. SECRETARY
$562K
40 hrs/wk
TIMOTHY PONSETI
VP - OPERATIONS
$488K
40 hrs/wk
GEORGE KROGSTIE
CFO & CORPORATE TREASURER
$391K
40 hrs/wk
BRIAN THUMM
VP - PERF IMPROVEMENT & RISK MGMT
$340K
40 hrs/wk
LONNI DIECK
LEAD INDEPENDENT DIRECTOR
$150K
4 hrs/wk
SHIRLEY BLOOMFIELD
INDEPENDENT DIRECTOR
$139K
3 hrs/wk
DEBORAH WHEELER
INDEPENDENT DIRECTOR
$136K
3 hrs/wk
BETH MCFARLAND
DIRECTOR
—
2 hrs/wk
PAUL MCGLYNN
DIRECTOR
—
2 hrs/wk
TIM LYONS
DIRECTOR
—
2 hrs/wk
VENONA GREAFF
DIRECTOR
—
2 hrs/wk
DENVER YORK
DIRECTOR
—
2 hrs/wk
GREG FORD
DIRECTOR
—
2 hrs/wk
KEVIN WALZ
DIRECTOR
—
2 hrs/wk
DOUG LEGO
DIRECTOR
—
2 hrs/wk
CHRISTOPHER PETERS
DIRECTOR
—
2 hrs/wk
BOB DALRYMPLE
DIRECTOR
—
2 hrs/wk
VICKY BUDREAU
DIRECTOR
—
2 hrs/wk
LISA JOHNSON
VICE-CHAIR
—
3 hrs/wk
PANDELIS XANTHAKOS
CHAIR
—
3 hrs/wk
ERIC LAVERTY
DIRECTOR
—
2 hrs/wk
RICKY ERIXTON
DIRECTOR
—
2 hrs/wk
MELINDA MONTGOMERY
SR. DIR.-ENGINEERING & ADV ANALYTICS
$319K
40 hrs/wk
STEPHEN BROWN
DIRECTOR - CYBER & PHYSICAL SECURITY
$305K
40 hrs/wk
JON TAUBER
DIRECTOR - ENFORCEMENT
$274K
40 hrs/wk
WILLIAM PETERSON
DIRECTOR - ENTITY DEVELOP. & COMM.
$258K
40 hrs/wk
EDWARD FRANKS
DIRECTOR - RELIABILITY ASSURANCE
$256K
40 hrs/wk
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