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NEW YORK INDEPENDENT SYSTEM OPERATOR INC

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Public IRS 990 nonprofit record

NEW YORK INDEPENDENT SYSTEM OPERATOR INC

EIN 14-1815612 · Public & Societal Benefit (W800)

What they do

THE NYISOS MISSION is to ENSURE POWER SYSTEM RELIABILITY and COMPETITIVE MARKETS for NEW YORK IN A CLEAN ENERGY FUTURE. NYISOS VISION is WORKING TOGETHER WITH STAKEHOLDERS to BUILD THE CLEANEST, MOST RELIABLE ELECTRIC SYSTEM IN THE NATION.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $74.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.19%of revenue went to mission work74.2% of expenses · Program services
$92.90spent for every $100 of revenueRevenue covered expenses this year.
25.81%of revenue went to management and office costs25.8% of expenses
$3.40in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,012,196 for RICHARD J DEWEY (PRESIDENT & CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$255,290,133
Mission workProgram services$189,390,13974.19% of revenue74.2% of expenses
ManagementOffice and general costs$65,899,99425.81% of revenue25.8% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$255,290,133100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 74.2% mission · 25.8% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2023Expense mix: 73.8% mission · 26.2% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2022Expense mix: 75.3% mission · 24.7% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2021Expense mix: 74.0% mission · 26.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2020Expense mix: 75.9% mission · 24.1% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2019Expense mix: 73.4% mission · 26.6% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2018Expense mix: 73.0% mission · 27.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2017Expense mix: 73.0% mission · 27.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

Money in and money out

Revenue$274,786,972
Expenses$255,290,133
Annual surplus $19,496,839 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$189,390,139 · 74.2% of expenses
Management and office costs$65,899,994 · 25.8% of expenses
See all reported dollar amounts
Revenue$274,786,972
Expenses$255,290,133
Assets$869,133,029
Income$274,909,216
Mission work (program services)$189,390,139
Grants given$42,000
Average grant$10,500
Management and general$65,899,994
Executive compensation (total)$13,779,220
Stocks and bonds$4,714,965
Accounting fees$803,491
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RICHARD J DEWEYPRESIDENT & CHIEF EXECUTIVE OFFICER · 59 hrs/week $3,012,196Base $1,922,532 · Other $1,089,664
EMILIE R N CHRAPOWITZKYEXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER · 50 hrs/week $1,569,818Base $997,651 · Other $572,167
ROBERT FERNANDEZEXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & CHIEF · 46 hrs/week $1,453,302Base $913,784 · Other $539,518
DOUGLAS CHAPMANSENIOR VICE PRESIDENT, CHIEF INFORMATION OFFICER · 49 hrs/week $1,189,241Base $748,924 · Other $440,317
RANA MUKERJISENIOR VICE PRESIDENT, MARKET STRUCTURES · 44 hrs/week $1,125,090Base $729,140 · Other $395,950
ZACHARY G SMITHSENIOR VICE PRESIDENT, SYSTEM & RESOURCE PLANNING · 52 hrs/week $1,080,083Base $670,716 · Other $409,367
KEVIN LANAHANVICE PRESIDENT, EXTERNAL AFFAIRS · 48 hrs/week $1,063,499Base $682,139 · Other $381,360
CHERYL L HUSSEYVICE PRESIDENT, CHIEF FINANCIAL OFFICER · 46 hrs/week $1,017,242Base $654,183 · Other $363,059
ROBERT A PIKEVICE PRESIDENT, MARKET OPERATIONS · 52 hrs/week $975,292Base $603,943 · Other $371,349
AARON D MARKHAMVICE PRESIDENT, OPERATIONS · 52 hrs/week $849,239Base $511,247 · Other $337,992
KAREN G GACHDEPUTY GENERAL COUNSEL · 46 hrs/week $837,480Base $544,369 · Other $293,111
DENEEN BYRNEVICE PRESIDENT, HUMAN RESOURCES · 49 hrs/week $797,762Base $495,397 · Other $302,365

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

RICHARD J DEWEYPRESIDENT & CHIEF EXECUTIVE OFFICER

EMILIE R N CHRAPOWITZKYEXECUTIVE VICE PRESIDENT & CHIEF OPERATING OFFICER

ROBERT FERNANDEZEXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & CHIEF

DOUGLAS CHAPMANSENIOR VICE PRESIDENT, CHIEF INFORMATION OFFICER

RANA MUKERJISENIOR VICE PRESIDENT, MARKET STRUCTURES

ZACHARY G SMITHSENIOR VICE PRESIDENT, SYSTEM & RESOURCE PLANNING

KEVIN LANAHANVICE PRESIDENT, EXTERNAL AFFAIRS

CHERYL L HUSSEYVICE PRESIDENT, CHIEF FINANCIAL OFFICER

ROBERT A PIKEVICE PRESIDENT, MARKET OPERATIONS

AARON D MARKHAMVICE PRESIDENT, OPERATIONS

KAREN G GACHDEPUTY GENERAL COUNSEL

DENEEN BYRNEVICE PRESIDENT, HUMAN RESOURCES

SHAUN P JOHNSONVICE PRESIDENT, MARKET STRUCTURES

RYAN SMITHDIRECTOR OF IT SOFTWARE TECHNOLOGY

RAYMOND W STALTERDIRECTOR, REGULATORY AFFAIRS

MATTHEW A ANGLINDIRECTOR OF ENTERPRISE SECURITY & CISO

RICARDO T GONZALESFORMER SENIOR VICE PRESIDENT OF OPERATIONS & CHIEF

PATRICK KELLYCONTROLLER & ASSISTANT TREASURER

JON D SAWYERDIRECTOR OF OPERATIONS

DIANE L EGANCORP SECRETARY & SECRETARY TO BOARD

JULIANN MADERADIRECTOR OF INTERNAL AUDIT

KEVIN PYTELSENIOR MANAGER OF PRODUCT & PROJECT MANAGEMENT

ALEX M SCHNELLASSISTANT GENERAL COUNSEL

MICHAEL STAHLSENIOR MANAGER IT INFRASTRUCTURE & OPERATIONS

TODD P ROMANSKYMANAGER, IT OPERATIONS & SERVICE MGMT

ERIC ADAMSMANAGER, FACILITIES

DANIEL C HILLDIRECTOR

JOSEPH P OATESCHAIR, BOARD OF DIRECTORS

DAVID HILLDIRECTOR

MARK LYNCHDIRECTOR

GIZMAN ABBASDIRECTOR

TERESA MARRINANDIRECTOR

SALLY TALBERGDIRECTOR

AVE M BIEDIRECTOR

ROGER B KELLEYDIRECTOR

MICHAEL A CROWEDIRECTOR

About this charity

Recognized since
January 2000
Location
10 KREY BLVD, RENSSELAER, NY 12144-9681
County
Rensselaer
In care of
Cheryl Hussey
Primary officer
Cheryl Hussey, Vice President and CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
KPMG LLP
NTEE classification
Public & Societal Benefit (W800)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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