SERC RELIABILITY CORPORATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SERC RELIABILITY CORPORATION (EIN 20-3311003)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-10-04
- IRS object ID
- 201642789349301204
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-04T16:00:56-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 Metropolitan Ave Ste 1000 | AddressLine1Txt |
| City | Charlotte | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203311003 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SERC RELIABILITY CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SERC | BusinessNameControlTxt |
| Phone | 7043577372 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3701 ARCO CORPORATE DRIVE No 300 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28273 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY TAYLOR | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7043577372 | PhoneNum |
| Signature | 2016-09-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kellianne F Benson | PreparerPersonNm |
| PTIN | P01345659 | PTIN |
| Phone | 7043771678 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GARY TAYLOR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3701 ARCO CORPORATE DRIVE STE 300 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28273 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,067,303 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SERC1.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE AND IMPROVE THE RELIABILITY, ADEQUACY, AND CRITICAL INFRASTRUCTURE OF THE ELECTRICITY SUPPLY FOR THE SOUTH AND CENTRAL UNITED STATES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 52 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 52 | VotingMembersIndependentCnt |
| Total Employee | 83 | TotalEmployeeCnt |
| Total Volunteers | 956 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,734,499 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,915,544 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,054 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,827 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,594,692 | PYOtherRevenueAmt |
| CY Other Revenue | $2,146,932 | CYOtherRevenueAmt |
| PY Total Revenue | $16,331,245 | PYTotalRevenueAmt |
| CY Total Revenue | $16,067,303 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,200,344 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,239,535 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,204,281 | PYOtherExpensesAmt |
| CY Other Expenses | $4,688,849 | CYOtherExpensesAmt |
| PY Total Expenses | $15,404,625 | PYTotalExpensesAmt |
| CY Total Expenses | $15,928,384 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $926,620 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $138,919 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,207,473 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,174,625 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,869,347 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,697,580 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,338,126 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,477,045 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF SERC RELIABILITY CORPORATION IS TO COMPREHENSIVELY MONITOR AND ENFORCE COMPLIANCE WITH THE RELIABILITY STANDARDS AMONG ALL USERS, OWNERS AND OPERATORS OF THE BULK-POWER SYSTEM IN THE SERC REGION. THE COMPLIANCE MONITORING AND ENFORCEMENT PROGRAM WILL BE CONDUCTED WITH INTEGRITY, CONSISTENCY, CONFIDENTIALITY, FAIRNESS, INDEPENDENCE AND IMPARTIALITY. The members are owners, operators, or users of the bulk electric system of the sixteen state region in the southeastern and central United States. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | SERC PROVIDES STATUTORY FUNCTIONS THAT SUPPORT THE ELECTRIC RELIABILITY ORGANIZATION (ERO), IN ACCORDANCE WITH ITS DELEGATION AGREEMENT BETWEEN SERC AND 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 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. SERC ONLY PERFORMS FUNCTIONS CALLED FOR IN SECTION 215 OF THE FEDERAL POWER ACT THAT HAVE BEEN DELEGATED FROM NERC TO SERC.THE COMPLIANCE MONITORING AND ENFORCEMENT AND ORGANIZATION REGISTRATION AND CERTIFICATION PROGRAM IS IMPLEMENTED BY SERC'S COMPLIANCE AND ENFORCEMENT STAFFS, WHICH ARE INDEPENDENT OF STAKEHOLDERS AND REGISTERED ENTITIES. TO ACCOMPLISH THIS OBJECTIVE, SERC'S COMPLIANCE MONITORING AND ENFORCEMENT AND ORGANIZATION REGISTRATION AND CERTIFICATION PROGRAM AREA IS FURTHER DIVIDED INTO FOUR AREAS: COMPLIANCE MONITORING, COMPLIANCE PROGRAMS, ENTITY ASSESSMENTS AND MITIGATION, AND ENFORCEMENT. SERC'S COMPLIANCE STAFF IMPLEMENTS THE COMPLIANCE MONITORING PROCESSES AND ORGANIZATION, REGISTRATION, AND CERTIFICATION ACTIVITIES PURSUANT TO THE DELEGATION AGREEMENT AND UNIFORM COMPLIANCE MONITORING AND ENFORCEMENT PROGRAM (CMEP). THE COMPLIANCE PROGRAM CONSISTS OF FOUR PRIMARY FUNCTIONAL AREAS: MONITORING AREA, RESPONSIBLE FOR CONDUCTING COMPLIANCE AUDITS, SPOT CHECKS, AND INVESTIGATIONS, AND SERVING AS SUBJECT MATTER EXPERTS FOR ALL STANDARDS AND FOR IMPLEMENTING THE PROCESS FOR TECHNICAL FEASIBILITY EXCEPTIONS TO THE CIP STANDARDS; COMPLIANCE PROGRAMS AND SERVICES AREA, RESPONSIBLE FOR IMPLEMENTING AND DEPLOYING CMEP-RELATED ANALYTICS, AND COMPLIANCE ASSESSMENTS; ENTITY ASSESSMENT AND MITIGATION AREA, RESPONSIBLE FOR IMPLEMENTING AND DEPLOYING ENTITY INHERENT RISK ASSESSMENTS AND INTERNAL CONTROL EVALUATIONS, SERVING AS THE SINGLE POINT OF CONTACT FOR ALL NON-COMPLIANCE ISSUES DISCOVERED AND/OR SELF-REPORTED TO THE REGION, DETERMINING THE COMPLETE SCOPE OF THE VIOLATION, AND THE ACTUAL AND POTENTIAL RISK TO THE BPS RELIABILITY, AND REVIEWING THE REGISTERED ENTITY'S MITIGATING ACTIVITIES TO ENSURE THAT THE ENTITY CORRECTS THE ISSUE AND PREVENTS RECURRENCE; AND ORGANIZATION REGISTRATION AND CERTIFICATION AREA, RESPONSIBLE FOR REGISTERING OWNERS, OPERATORS, AND USERS OF THE BULK POWER SYSTEM FOR COMPLIANCE WITH RELIABILITY STANDARDS AND CERTIFYING APPLICABLE ENTITIES.ENFORCEMENT STAFF EVALUATE ALL POSSIBLE VIOLATIONS OF RELIABILITY STANDARDS AND CONDUCT A THOROUGH ASSESSMENT TO DETERMINE IF THERE IS A VIOLATION. THE ENFORCEMENT STAFF NOTIFIES THE REGISTERED ENTITY OF ITS FINDINGS REGARDING THE VIOLATION AND ANY APPLICABLE PENALTIES OR SANCTIONS. THE ENFORCEMENT STAFF MAY ALSO ENGAGE IN SETTLEMENT NEGOTIATIONS WITH THE REGISTERED ENTITY. THE PROPOSED ENFORCEMENT ACTION, ALONG WITH ANY PROPOSED PENALTY OR SANCTIONS, IS SUBMITTED TO NERC FOR ITS REVIEW AND APPROVAL, AND SUBSEQUENT SUBMITTAL TO FERC. IF A REGISTERED ENTITY CHALLENGES THE FINDINGS OF THE VIOLATION AND/OR PENALTY, THE ENFORCEMENT STAFF PROSECUTES THE CASE BEFORE THE BOARD COMPLIANCE COMMITTEE, WHICH ACTS AS SERC'S HEARING BODY.SERC HAS ORGANIZED THE REMAINING TECHNICAL STAFF INTO A RELIABILITY SERVICES GROUP AND A RELIABILITY ASSESSMENT GROUP TO ADDRESS THE OTHER STATUTORY FUNCTIONS LISTED ABOVE. THESE EXPERTS IN OPERATIONS, ENGINEERING, AND ANALYSIS ASSIST REGISTERED ENTITIES IN ASSESSING AND IMPROVING RELIABILITY. IT IS IN SUPPORT OF THESE AREAS THAT SERC ENGAGES THE MAJORITY OF INDUSTRY EXPERTS ON ITS TECHNICAL COMMITTEES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | The second largest program is Reliability Assessments and Performance Analysis. SERC's Reliability Assessments and Performance Analysis (RAPA) program provides analysis, data gathering, and analysis of events on the BES. The RAPA function identifies reliability risks to the BES 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 BES 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 BES 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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 of 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 83 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 52 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 52 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JENNIFER KELLY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7043577372 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3701 ARCO CORPORATE DRIVE STE 300 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28273 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Jason Marshall- ACES Power Marketin | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Ray Phillips - Alabama Municipal El | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Maureen Borkowski- Ameren Services | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Roger Clark - Associated Electric C | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Mike Chambliss- Big Rivers Electric | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Steve Eckert- Brookfield Renewable | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Brett Kruse- Calpine Energy Service | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Tad Johnson- City of Columbia MO | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Cliff Evans- Cogentrix Energy Power | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Nelson Peeler- Duke Energy Carolina | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Dan Roethemeyer- Dynergy Inc | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Denver York- East Kentucky Power Co | |||||||
| director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Roy Jones - ElectriCities of North | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Jim Schott- Entergy | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DAVID TREGO - FAYETTEVILLE PUBLIC W | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Silvia Parada Mitchell - Florida Po | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Jerry Donovan - Georgia Transmissio | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Kevin Gaden - Illinois Municipal El | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Tom Jessee- LGE and KU Services Com | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DAN JEWELL - LOUISIANA GENERATING L | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Alonzo Weaver- Memphis Light Gas an | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Todd Hillman- Midcontinent Independ | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Doug Lego- Municipal Electric Autho | |||||||
| director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Kent Cochran- Nashville Electric Se | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH MATRANGA - OCCIDENTAL CHEMIC | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SMITH - OGLETHORPE POWER CO | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MARK RINGHAUSEN - OLD DOMINION ELEC | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| TIM LYONS - OWENSBORO KY MUNICIPAL | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Lawrence Hopkins Jr- Piedmont Elect | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Thomas Bowe- PJM Interconnection LL | |||||||
| director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| JAY FARRINGTON - POWERSOUTH ENERGY | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ALISHA ANKER - PRAIRIE POWER INC | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| PANDELIS XANTHAKOS - SOUTH CAROLINA | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| SHAWN T TOM ABRAMS - SOUTH CAROLIN | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| NATHAN L BROWN - SOUTH MISSISSIPPI | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH LEGG - SOUTHEASTERN POWER A | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM HUTCHISON - SOUTHERN ILLINO | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL DESSELLE - SOUTHWEST POWER | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| Brad Cox - TENASKA POWER SERVICES | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE FARLEY - THE ENERGY AUTHO | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| LOU OBERSKI - VIRGINIA ELECTRIC AND | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS BOYD - CUSTOMER | |||||||
| Director | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| GREG FORD - GEORGIA SYSTEM OPERATIO | |||||||
| Chair | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| TIM PONSETI - TENNESSEE VALLEY AUTH | |||||||
| Vice Chair | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Marion Lucas- Alcoa Power Generatin | |||||||
| Secretary- Treasurer | 0.30 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Robert Scott Henry | |||||||
| President/ CEO | 40.00 | $441,667 | $0 | $78,034 | Yes (X) | ||
| JENNIFER KELLY | |||||||
| DIR. OF FINANCE | 40.00 | $200,317 | $0 | $42,427 | Yes (X) | ||
| MARISA SIFONTES | |||||||
| General Counsel | 40.00 | $265,096 | $0 | $59,920 | Yes (X) | ||
| Gary Taylor | |||||||
| vice president/coo | 40.00 | $265,050 | $0 | $22,650 | Yes (X) | ||
| Carter Edge | |||||||
| Director of coordinated activities | 40.00 | $219,645 | $0 | $54,122 | Yes (X) | ||
| Joe Spencer | |||||||
| Liason | 40.00 | $182,486 | $0 | $39,209 | Yes (X) | ||
| Janice Carney | |||||||
| Senior Compliance Engineer | 40.00 | $172,611 | $0 | $37,161 | Yes (X) | ||
| Mike Vastano | |||||||
| Senior Compliance Auditor | 40.00 | $170,970 | $0 | $25,976 | Yes (X) | ||
| mark ladrow | |||||||
| senior compliance assessment engineer | 40.00 | $171,029 | $0 | $43,903 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,088,871 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $403,402 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 33 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Energy Cloud services | |||||
| 108 South Main Street | Salisbury | NC | 28144 | IT CoNSULTING | $201,406 |
| Power Advisors | |||||
| 4408 Jack in the Pulpit Circle | Manlius | NY | 13104 | Reliability Services Consulting | $138,055 |
| WALSER TECHNOLOGY | |||||
| 108 SOUTH MAIN STREET | SALISBURY | NC | 28144 | IT CONSULTING | $105,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBER ASSESSMENT | 900099 | $13,731,034 | $13,731,034 |
| Workshop Revenue | 900099 | $184,510 | $184,510 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,915,544 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,827 | TotalRevenueColumnAmt |
| Exclusion | $4,827 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PENALTY SANCTIONS | 900099 | $1,787,000 | $1,787,000 |
| MISCELLANEOUS INCOME | 900099 | $359,932 | $359,932 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,146,932 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,067,303 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,062,476 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,827 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,320,642 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,443,529 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $931,968 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $977,760 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $565,636 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,370 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,408 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,351,414 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,607 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,953 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750,800 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $526,585 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,236 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,429 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,558 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRACTS | Desc |
| Total | $917,406 | TotalAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,083 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,928,384 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,170,822 | BOYAmt |
| EOY | $3,446,987 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,154,941 | BOYAmt |
| EOY | $3,331,496 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $896,504 | BOYAmt |
| EOY | $223,667 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184,338 | BOYAmt |
| EOY | $262,529 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,993,851 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,083,905 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $800,868 | BOYAmt |
| EOY | $909,946 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,207,473 | BOYAmt |
| EOY | $8,174,625 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,318,594 | BOYAmt |
| EOY | $2,516,280 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,550,753 | BOYAmt |
| EOY | $1,181,300 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,869,347 | BOYAmt |
| EOY | $3,697,580 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,338,126 | BOYAmt |
| EOY | $4,477,045 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,338,126 | BOYAmt |
| EOY | $4,477,045 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,207,473 | BOYAmt |
| EOY | $8,174,625 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $138,919 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $317,760 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,328 | DepreciationAmt |
| Book Value | $238,432 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,676,091 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,004,577 | DepreciationAmt |
| Book Value | $671,514 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $909,946 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $16,067,303 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,067,303 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,067,303 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,928,384 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,928,384 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,928,384 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT HAS EVALUATED THE EFFECT OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS BY PRESCRIBING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CORPORATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE CORPORATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AT DECEMBER 31, 2015 OR 2014 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE CORPORATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2012. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Robert Scott Henry | ||||||||||||||
| President/ CEO | $324,167 | $0 | $117,500 | $0 | $0 | $0 | $50,469 | $0 | $27,565 | $0 | $519,701 | $0 | $0 | $0 |
| JENNIFER KELLY | ||||||||||||||
| DIR. OF FINANCE | $158,398 | $0 | $41,919 | $0 | $0 | $0 | $28,889 | $0 | $13,538 | $0 | $242,744 | $0 | $0 | $0 |
| MARISA SIFONTES | ||||||||||||||
| General Counsel | $212,379 | $0 | $52,717 | $0 | $0 | $0 | $37,390 | $0 | $22,530 | $0 | $325,016 | $0 | $0 | $0 |
| Gary Taylor | ||||||||||||||
| vice president/coo | $265,050 | $0 | $0 | $0 | $0 | $0 | $21,467 | $0 | $1,183 | $0 | $287,700 | $0 | $0 | $0 |
| Carter Edge | ||||||||||||||
| Director of coordinated activities | $181,730 | $0 | $37,915 | $0 | $0 | $0 | $31,787 | $0 | $22,335 | $0 | $273,767 | $0 | $0 | $0 |
| Joe Spencer | ||||||||||||||
| Liason | $160,501 | $0 | $21,985 | $0 | $0 | $0 | $25,844 | $0 | $13,365 | $0 | $221,695 | $0 | $0 | $0 |
| Janice Carney | ||||||||||||||
| Senior Compliance Engineer | $151,068 | $0 | $21,543 | $0 | $0 | $0 | $24,395 | $0 | $12,766 | $0 | $209,772 | $0 | $0 | $0 |
| Mike Vastano | ||||||||||||||
| Senior Compliance Auditor | $148,960 | $0 | $22,010 | $0 | $0 | $0 | $24,038 | $0 | $1,938 | $0 | $196,946 | $0 | $0 | $0 |
| mark ladrow | ||||||||||||||
| senior compliance assessment enginee | $150,878 | $0 | $20,151 | $0 | $0 | $0 | $24,465 | $0 | $19,438 | $0 | $214,932 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | SERC RELIABILITY CORPORATION IS AN ORGANIZATION WITH MEMBERS WHO DESIGNATE THE REPRESENTATIVE TO THE GOVERNING BODY, WHICH ITSELF OR THROUGH THE EXECUTIVE COMMITTEE MAKES SIGNIFICANT DECISIONS FOR THE ORGANIZATION. |
| Form 990, Part VI, Section A, line 7a | EACH BOARD MEMBER HAS A WEIGHTED VOTE IN ELECTING MEMBERS OF THE GOVERNING BODY. |
| Form 990, Part VI, Section A, line 7b | THE GOVERNING BODY IS MADE UP OF OUR MEMBERS. ONCE THE BOARD APPROVES, IT DOES NOT NEED ADDITIONAL APPROVAL BY THE MEMBERS. |
| Form 990, Part VI, Section B, line 11 | A complete copy of the 990 is provided to the board officers. A redacted copy is provided to the remaining Board members before it is filed. |
| Form 990, Part VI, Section B, line 12c | SERC HAS A WRITTEN CONFLICT OF INTEREST POLICY, IN WHICH ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO REVIEW AND COMPLETE A WRITTEN QUESTIONNAIRE ON CONFLICTS ON AN ANNUAL BASIS. ALL serc staff CONFLICTS ARE CONSOLIDATED ON A "SERC STAFF RECUSAL REQUIREMENTS" DOCUMENT. EACH SERC REPRESENTATIVE MUST RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY PARTICULAR MATTER INVOLVING THE SUBJECT OF A CONFLICT. |
| Form 990, Part VI, Section B, line 15 | The Officers of the INDEPENDENT Board meet in Executive Session to determine the salary and incentive pay for the executives of the organization. The board officers rely upon industry data and compensation studies performed to determine the reasonableness of the executives' compensation packages. Compensation studies are performed at a minimum every other year and include sources such as Towers Watson and other sources and regional reports recieved for the organization's participation in regional compensation surveys. The deliberation and decision is contemporaneously substantiated in meeting minutes. The Board-appointed Human Resource and Compensation Committee reviews and endorses the President's recommendations regarding the compensation of other highest paid employees. The Committee relies upon industry data and compensation studies performed to determine reasonableness of the compensation of highest paid employees. |
| Form 990, Part VI, Section C, line 19 | ALL GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Form 990, Part XII, Line 2c: | The process has not changed from prior year. |
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