2022-11-15T11:17:30-06:00 2021-12-31 PRICEWATERHOUSECOOPERS LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2021-01-01 943274043 CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION % DENNIS ESTRADA CALI 9163514400 250 OUTCROPPING WAY FOLSOM CA 95630 RYAN SEGHESIO VP, CFO, & TREASURER 9163514400 2022-11-15 true RYAN SEGHESIO 999009999 Albert N Antonelli P01496650 2673303000 2022-11-14 2 2021 2022-09-23 18:48:47Z ELLIOT MAINZER 250 OUTCROPPING WAY FOLSOM CA 95630 485374304 false X WWW.CAISO.COM X 1997 CA CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION'S (CALIFORNIA ISO) MISSION STATEMENT HAS BEEN INCLUDED ON SCHEDULE O. 5 5 811 0 0 0 0 0 240477265 244257210 9248379 5223057 113211 116822 249838855 249597089 0 0 0 0 138788888 139889501 0 0 0 85490740 89544963 224279628 229434464 25559227 20162625 951583530 1094263808 735543053 861840129 216040477 232423679 X CALIFORNIA ISO'S MISSION STATEMENT HAS BEEN INCLUDED ON SCHEDULE O. false false 203130333 244374032 THE ORGANIZATION SERVES AS THE SYSTEM OPERATOR OF AN INTEGRATED STATEWIDE ELECTRICITY TRANSMISSION GRID. 203130333 true false false true false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 104 0 true 811 true false false false false false false false false false false true false X 5 5 false false false false false true false true true false false true true true true true true true true false CA X DENNIS ESTRADA 9163512235 250 OUTCROPPING WAY FOLSOM CA 95630 X Mark Rothleder SR. VP & CHIEF OPERATING OFF 40.0 0.0 X 987946 0 173626 Stephen Berberich CEO EMERITUS 40.0 0.0 X 1071776 0 67526 Elliot Mainzer PRESIDENT & CEO 40.0 0.0 X 834421 0 103767 Roger Collanton VP, GEN CNSL & CHIEF COMP. OFF 40.0 0.0 X 800768 0 114828 Stacey Crowley VP, EXTERNAL AFFAIRS 40.0 0.0 X 695020 0 103394 Petar Ristanovic VP, Technology 40.0 0.0 X 786767 0 0 Ryan Seghesio VP, CFO & TREASURER 40.0 0.0 X 613511 0 118526 Neil Millar VP, INFRASTRUCTURE & OPS PLAN 40.0 0.0 X 600642 0 118170 Jodi Ziemathis VP, Human Resources 40.0 0.0 X 564802 0 117416 Eric Schmitt VP, Operations 40.0 0.0 X 507636 0 45335 Khaled Abdul-Rahman VP, PWR SYSTEMS & MARKET TECH 40.0 0.0 X 446103 0 92961 Anna McKenna VP, MKT POLICY AND PERFORMANCE 40.0 0.0 X 442973 0 86070 Anthony Ivancovich DEPUTY GEN. CNSL. - REGULATORY 40.0 0.0 X 429405 0 77912 Burton Gross Deputy General Counsel - Legal 40.0 0.0 X 414060 0 66936 John Anders ASST GENERAL COUNSEL - LEGAL 40.0 0.0 X 384438 0 85644 Dede Subakti VP, SYSTEMS OPERATIONS 40.0 0.0 X 382955 0 76967 Gregory Cook EXEC. DIR., MARKET & INFRA 40.0 0.0 X 369650 0 80545 Janet Morris EXEC DIR., PROGRAM & APP MGMT 40.0 0.0 X 375804 0 65700 Daniel Shonkwiler ASST GEN CNSL - CORP & LITIG 40.0 0.0 X 356993 0 77880 Eric Hildebrandt EXEC. DIR., MARKET MONITORING 40.0 0.0 X 343657 0 62351 Joanne Serina VP, STAKEHOLDER ENGAGEMENT 40.0 0.0 X 310837 0 66701 Hugo Frech EXEC.DIR, IT IFS ARC & INFOSEC 40.0 0.0 X 296467 0 67172 Keith Casey VP, MKT AND INFRASTRUCTURE DEV 40.0 0.0 X 175489 0 0 ANGELINA GALITEVA BOARD OF GOVERNORS 8.0 0.0 X 111000 0 0 SEVERIN BORENSTEIN BOARD OF GOVERNORS 8.0 0.0 X 102000 0 0 ASHUTOSH BHAGWAT CHAIR, BOARD OF GOVERNORS 8.0 0.0 X 95000 0 0 MARY LESLIE BOARD OF GOVERNORS 8.0 0.0 X 91000 0 0 JAN SCHORI BOARD OF GOVERNORS 8.0 0.0 X 70550 0 0 12405120 0 1869427 539 true true false SIEMENS INDUSTRY INC DEPT CH 14381 PALATINE IL 600554381 ENGINEERING SERVICES 11983842 CORESTAFF SERVICES PO BOX 60876 CHARLOTTE NC 282600876 TEMPORARY STAFFING 3944016 ATT PO BOX 5019 CAROL STREAM IL 601975019 TELECOMM. SERVICES 3102704 OPEN ACCESS TECHNOLOGY INTERNATIONA 14800 28TH AVENUE STE 140 PLYMOUTH MN 55447 CONSULTING 3173683 TEKSYSTEMS INC PO BOX 198568 ATLANTA GA 30384 CONSULTING 2471116 32 0 GRID MANAGEMENT REVENUES 221000 186153740 186153740 LGIP REVENUES 221000 9040778 9040778 RELIABILITY COORDINATOR 221000 17952453 17952453 NODAL PRICING 221000 8400000 8400000 WEIM REVENUES 221000 15065648 15065648 7644591 7644591 244257210 5424229 5424229 0 0 0 0 0 235576043 235777215 -201172 -201172 -201172 0 0 0 0 0 0 0 0 0 MISC. NON-OPERATING INCOME 900003 116822 116822 116822 249597089 244374032 5223057 X 0 0 0 0 10976446 4564005 6412441 0 101612609 94139619 7472990 12576714 11651773 924941 7884878 7304993 579885 6838854 6335898 502956 0 1421233 1289644 131589 997079 997079 55000 55000 0 0 26092564 21852128 4240436 0 38284 38284 5708258 4715046 993212 12528518 11566709 961809 0 2184067 2029975 154092 173705 139588 34117 0 328681 191073 137608 6289081 6289081 0 30567894 30567894 2372266 2372266 PROFESSIONAL AND MEMBER DUES 347024 168349 178675 TRAINING EXPENSES 441309 269558 171751 229434464 203130333 26304131 0 0 0 539136499 650844390 0 0 13996703 23056704 0 0 0 0 0 0 0 0 7826583 8483203 705671349 554720922 165669517 150950427 192440166 229880306 0 0 19708072 12415785 0 0 12805990 18632993 951583530 1094263808 55202188 54957203 0 0 0 0 169448873 0 0 0 0 0 0 0 0 0 510891992 806882926 735543053 861840129 X 198963706 206493658 17076771 25930021 216040477 232423679 951583530 1094263808 20162625 -3779423 X false true X true false X X 1 STATE OF CALIFORNIA 680284175 6 true 0 0 1 0 0 true true false false false false false false false false false false false false false true false SCHEDULE A, PART IV, SECTION A, LINE 1: THE CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION ("CAL ISO") WAS CREATED PURSUANT TO SPECIFIC LEGISLATION (ASSEMBLY BILL 1890 - CHAPTER 854, CALIFORNIA STATUTES OF 1996) IN WHICH THE STATE OF CALIFORNIA ASSUMED A SUBSTANTIALLY INCREASED ROLE IN PROMOTING COMPETITION IN THE SUPPLY OF ELECTRICITY IN CALIFORNIA IN ORDER TO ACCOMPLISH A MEANINGFUL IMMEDIATE REDUCTION IN THE OVERALL PRICE OF ELECTRIC SERVICE TO THE GENERAL PUBLIC THROUGHOUT CALIFORNIA. THE BOARD OF CAL ISO IS COMPOSED OF MEMBERS APPOINTED BY THE CALIFORNIA GOVERNOR AND CONFIRMED BY THE CALIFORNIA STATE SENATE. SCHEDULE A, PART IV, SECTION A, LINE 2: AS A GOVERNMENTAL UNIT, THE STATE OF CALIFORNIA DOES NOT HAVE AN IRS DETERMINATION LETTER CLASSIFYING IT AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. THE STATE OF CALIFORNIA QUALIFIES AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) BECAUSE IT QUALIFIES AS A GOVERNMENTAL UNIT. 55000 55000 229379464 229434464 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 202176 70441 45825 55000 373442 250000 250000 250000 250000 1000000 1500000 10561100 10561100 162251659 76813729 85437930 0 0 0 33436460 28016014 5420446 499422130 449891179 49530951 150950427 0 EMPLOYEE BENEFIT PLAN OBLIGATI 4111519 DUE TO MARKET PARTICIPANTS 617937452 DEFERRED OPEB OBLIGATION 10388955 BOND LIABILITIES 174445000 806882926 245817666 -3779423 -3779423 249597089 249597089 229434464 229434464 229434464 X X X false true false false false false false false false Stephen Berberich CEO EMERITUS 71401 877679 122696 54749 12777 1139302 116021 Keith Casey VP, MKT AND INFRASTRUCTURE DEV 147496 27993 175489 27993 Roger Collanton VP, GEN CNSL & CHIEF COMP. OFF 348879 346972 104917 85478 29350 915596 38110 Stacey Crowley VP, EXTERNAL AFFAIRS 323906 316691 54423 69181 34213 798414 25064 Petar Ristanovic VP, Technology 377194 409573 786767 44622 Mark Rothleder SR. VP & CHIEF OPERATING OFF 441934 401792 144220 124231 49395 1161572 60164 Eric Schmitt VP, Operations 139949 324557 43130 32682 12653 552971 32910 Ryan Seghesio VP, CFO & TREASURER 316691 242974 53846 73829 44697 732037 26109 Jodi Ziemathis VP, Human Resources 281159 223960 59683 71297 46119 682218 23380 Khaled Abdul-Rahman VP, PWR SYSTEMS & MARKET TECH 296828 120989 28286 60525 32436 539064 3913 Janet Morris EXEC DIR., PROGRAM & APP MGMT 265646 91663 18495 38500 27200 441504 Burton Gross Deputy General Counsel - Legal 296516 115907 1637 37700 29236 480996 Anthony Ivancovich DEPUTY GEN. CNSL. - REGULATORY 296599 119222 13584 43450 34462 507317 Anna McKenna VP, MKT POLICY AND PERFORMANCE 303285 124117 15571 54736 31334 529043 Neil Millar VP, INFRASTRUCTURE & OPS PLAN 323796 234652 42194 72938 45232 718812 16653 Hugo Frech EXEC.DIR, IT IFS ARC & INFOSEC 236699 57294 2474 36970 30202 363639 Elliot Mainzer PRESIDENT & CEO 642768 144083 47570 77350 26417 938188 Gregory Cook EXEC. DIR., MARKET & INFRA 267184 98337 4129 38500 42045 450195 Eric Hildebrandt EXEC. DIR., MARKET MONITORING 265448 72999 5210 38500 23851 406008 Joanne Serina VP, STAKEHOLDER ENGAGEMENT 245842 58754 6241 35473 31228 377538 Dede Subakti VP, SYSTEMS OPERATIONS 276444 92991 13520 47550 29417 459922 John Anders ASST GENERAL COUNSEL - LEGAL 274713 107661 2064 45245 40399 470082 Daniel Shonkwiler ASST GEN CNSL - CORP & LITIG 270501 69000 17492 38500 39380 434873 SCHEDULE J, PART I, LINE 4B: IN 2021, THE INDIVIDUALS LISTED BELOW PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CALIFORNIA ISO CONTRIBUTED THE FOLLOWING AMOUNTS TO THE PLAN WHICH ARE INCLUDED IN THE DEFERRED COMPENSATION REPORTED ON SCHEDULE J, PART II: STEPHEN BERBERICH - CEO EMERITUS $116,021 KEITH CASEY - VP, MKT & INFRASTRUCTURE DEV. $ 27,993 ROGER COLLANTON - VP, GEN CNSL & CHIEF COMPLIANCE OFFICER $ 43,126 STACEY CROWLEY - VP, EXTERNAL AND CUSTOMER AFFAIRS $ 27,350 NEIL MILLAR - VP, INSTRASTRUSTURE & OPERATIONS PLANNING $ 19,383 PETAR RISTANOVIC - VP, TECHNOLOGY $ 44,622 MARK ROTHLEDER - SR VP & CHIEF OPERATING OFFICER $ 71,426 ERIC SCHMITT - VP, OPERATIONS $ 32,910 RYAN SEGHESIO - VP, CHIEF FINANCIAL OFFICER & TREASURER $ 28,133 JODI ZIEMATHIS - VP, HUMAN RESOURCES $ 24,001 ELLIOTT MAINZER - PRESIDENT & CEO $ 2,000 KHALED ABDUL-RAHMAN - VP, PWR SYSTEMS & MARKET TECH $ 4,909 ANNA MCKENNA - VP, MARKET POLICY & PERFORMANCE $ 1,391 FORM 990, PART I, LINE 1 & FORM 990, PART III, LINE 1: CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION'S (CALIFORNIA ISO) MISSION STATEMENT TO ENSURE EFFICIENT USE AND RELIABLE OPERATION OF THE ELECTRIC TRANSMISSION GRID OPERATED BY THE CALIFORNIA ISO, CONSISTENT WITH THE CALIFORNIA PUBLIC UTILITY CODE, CHAPTER 2.3 PART 1, DIVISION 1. THE ISO DOES NOT OWN TRANSMISSION FACILITIES, BUT IT CONTROLS THE OPERATION OF A NETWORK OF TRANSMISSION FACILITIES LOCATED THROUGHOUT MOST OF CALIFORNIA, AND ALSO CERTAIN TRANSMISSION FACILITIES LOCATED IN NEVADA, THE OWNERS OF WHICH HAVE TRANSFERRED OPERATIONAL CONTROL OF THE CALIFORNIA ISO. FOR THE BENEFIT OF OUR CUSTOMERS, WE: - OPERATE THE GRID RELIABLY AND EFFICIENTLY; - PROVIDE FAIR AND OPEN TRANSMISSION ACCESS; - PROMOTE ENVIRONMENTAL STEWARDSHIP; AND - FACILITATE EFFECTIVE MARKETS AND PROMOTE INFRASTRUCTURE DEVELOPMENT, ALL THROUGH THE PROVISION OF TIMELY AND ACCURATE INFORMATION. FORM 990, PART VI, SECTION A, LINE 7A: THE BOARD OF CALIFORNIA ISO IS COMPOSED OF MEMBERS APPOINTED BY THE CALIFORNIA GOVERNOR AND CONFIRMED BY THE CALIFORNIA STATE SENATE. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE VP, GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER, VP, CHIEF FINANCIAL OFFICER, CONTROLLER, ASST CONTROLLER, DIRECTOR OF COMMUNICATIONS, LEAD COUNSEL - CORPORATE, VP, HR. THE FORM 990 IS PROVIDED TO THE BOARD OF GOVERNORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: ANNUALLY, EMPLOYEES ARE REQUIRED TO ATTEND THE ALL EMPLOYEE TRAINING WHICH INCLUDES: CODE OF CONDUCT, SECURITY AWARENESS, EMPLOYEE RELATIONS SAFETY AND HARASSMENT PREVENTION. EMPLOYEES ARE REQUIRED ANNUALLY TO SIGN A FORM TO DISCLOSE IF ANY POTENTIAL CONFLICT OF INTEREST EXISTS THAT MAY AFFECT THE EMPLOYEE'S ABILITY TO PERFORM HIS/HER JOB. LEAD COUNSEL - CORPORATE REVIEWS ALL DISCLOSURES TO ENSURE THAT ANY ACTUAL OR POTENTIAL CONFLICTS ARE MITIGATED. THIS PROCESS IS REVIEWED ANNUALLY BY OUR INTERNAL AUDIT FUNCTION (AUDIT AND ADVISORY SERVICES). FORM 990, PART VI, SECTION B, LINES 15A & 15B: SINCE 1998, THE BOARD OF GOVERNORS OF THE ISO HAS WORKED CLOSELY WITH NATIONALLY RECOGNIZED HUMAN RESOURCES AND EXECUTIVE COMPENSATION ADVISORY FIRMS TO DEVELOP AN APPROPRIATE COMPENSATION PROGRAM FOR THE EXECUTIVES OF THE ISO. COMPETITIVE COMPENSATION FOR ALL NON-OFFICER EMPLOYEES IS ALSO ESTABLISHED BY ANNUAL THIRD-PARTY COMPENSATION SURVEYS. THESE FIRMS HELPED THE BOARD OF GOVERNORS DETERMINE THE APPROPRIATE LEVELS OF EXECUTIVE COMPENSATION BY COMPILING EXTENSIVE MARKET DATA CONCERNING EXECUTIVE COMPENSATION FOR POSITIONS SIMILAR TO EXECUTIVE POSITIONS AT THE ISO. THESE FIRMS HISTORICALLY HAVE MET WITH THE BOARD OF GOVERNORS AT LEAST ANNUALLY TO PRESENT EXECUTIVE COMPENSATION MARKET DATA, MAKE RECOMMENDATIONS AND OTHERWISE DISCUSS EXECUTIVE COMPENSATION ISSUES. THE BOARD RELIED ON THE COMPARABILITY DATA TO DETERMINE THE APPROPRIATE COMPENSATION, APPROVED THE COMPENSATION, AND DOCUMENTED THE APPROVAL IN ITS MINUTES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES AVAILABLE ON ITS WEBSITE (ACCESSIBLE BY THE PUBLIC) THE FINANCIAL STATEMENTS, THE CODE OF CONDUCT POLICY, THE TARIFF (RULES OF THE ISO MARKET), THE ARTICLES OF INCORPORATION (AND ALL AMENDMENTS), THE CORPORATE BY-LAWS AND THE MINUTES OF THE BOARD OF GOVERNORS' MEETINGS (EXCEPT FOR THE EXECUTIVE SESSIONS). THE DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTANTS TOTAL FEES:4946582 FORM 990 PART IX LINE 11G DESCRIPTION:RECRUITMENT / STAFFING TOTAL FEES:7282673 FORM 990 PART IX LINE 11G DESCRIPTION:GIP / OTHER TOTAL FEES:13863309 STATE OF CALIFORNIA 680284175 GOVERNMENT CA NA false false false false false false false false false false false false false false false false false false false false