2024-11-13T12:58:21-06:00 2023-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2023-01-01 943274043 CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION CALI 9163514400 250 OUTCROPPING WAY FOLSOM CA 95630 RYAN SEGHESIO VP, CFO & TREASURER 9163514400 2024-11-01 1 1 WENDY CAMPOS P00448102 5032421447 2024-10-31 2023 2024-10-15 13:58:12Z ELLIOT MANZER 250 OUTCROPPING WAY FOLSOM CA 95630 413987168 0 X WWW.CAISO.COM X 1997 CA CALIFORNIA ISO CORPORATION'S MISSION STATEMENT HAS BEEN INCLUDED ON SCHEDULE O. 5 5 775 0 0 0 0 0 246557423 262371154 9123075 10149180 33218 20430 255713716 272540764 0 0 0 0 151373508 174014987 0 0 0 99512459 103684167 250885967 277699154 4827749 -5158390 1587900049 1459997265 1376988959 1247733494 210911090 212263771 X 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. (CONTINUED ON SCHEDULE O.)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. 0 0 248316046 262391584 THE ORGANIZATION SERVES AS THE SYSTEM OPERATOR OF AN INTEGRATED STATEWIDE ELECTRICITY TRANSMISSION GRID. 248316046 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 1 775 1 0 0 0 0 0 0 0 0 0 0 1 0 X 5 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X DENNIS ESTRADA 9163512235 250 OUTCROPPING WAY FOLSOM CA 95630 SEVERIN BORENSTEIN BOARD OF GOVERNORS 8.00 X 86500 0 0 JAN SCHORI BOARD OF GOVERNORS 8.00 X 86500 0 0 ANGELINA GALITEVA BOARD OF GOVERNORS 8.00 X 84500 0 0 MARY LESLIE BOARD OF GOVERNORS 8.00 X 73500 0 0 JOSEPH ETO BOARD OF GOVERNORS 8.00 X 53000 0 0 ASHUTOSH BHAGWAT THRU 022023 CHAIR, BOARD OF GOVERNORS 8.00 X 23556 0 0 ELLIOTT MAINZER PRESIDENT & CEO 40.00 X 1846626 0 190581 MARK ROTHLEDER SR. VP & CHIEF OPERATING OFF 40.00 X 1277563 0 193781 ROGER COLLANTON VP, GEN CNSL & CHIEF COMP. OFF 40.00 X 891866 0 142299 RYAN SEGHESIO VP, CFO & TREASURER 40.00 X 796217 0 132830 STACEY CROWLEY VP, EXTERNAL AFFAIRS 40.00 X 786164 0 111684 NEIL MILLAR VP, INFRASTRUCTURE & OPS PLAN 40.00 X 776411 0 119247 JODI ZIEMATHIS VP, HUMAN RESOURCES 40.00 X 739342 0 134989 ANNA MCKENNA VP, MARKET POLICY AND PERFORMANCE 40.00 X 712621 0 123780 KHALED ABDUL-RAHMAN VP, PWR SYSTEMS & MARKET TECH 40.00 X 667307 0 116199 DEDE SUBAKTI VP, SYSTEMS OPERATIONS 40.00 X 623063 0 109474 JOANNE SERINA VP, STAKEHOLDER ENGAGEMENT 40.00 X 556924 0 102710 ERIC HILDEBRANDT EXEC. DIR., MARKET MONITORING 40.00 X 470277 0 67648 HUGO FRECH EXEC. DIR, IT IFS ARC & INFOSEC 40.00 X 387997 0 72645 ANTHONY IVANCOVICH DEPUTY GEN. CNSL. - REGULATORY 40.00 X 479897 0 86265 BURTON GROSS DEPUTY GENERAL COUNSEL - LEGAL 40.00 X 475345 0 77219 JOHN ANDERS ASST GENERAL COUNSEL - LEGAL 40.00 X 448976 0 93670 ANDREW ULMER ASST GEN. CNSL. - FED REG & MKT 40.00 X 411356 0 77996 HANI ALARIAN EXEC. DIR., POWER SYSTEM TECH. OPERAT 40.00 X 392672 0 79557 STEPHEN BERBERICH CEO EMERITUS 40.00 X 121540 0 0 13269720 0 2032574 618 1 1 0 SIEMENS INDUSTRY INC DEPT CH 14381 PALATINE IL 600554381 ENGINEERING SERVICES 9823822 OPEN ACCESS TECHNOLOGY INTERNATIONAL 14800 28TH AVENUE STE 140 PLYMOUTH MN 55447 CONSULTING 3586117 CORESTAFF SERVICES PO BOX 60876 CHARLOTTE NC 282600876 TEMPORARY STAFFING 3566371 TEKSYSTEMS INC PO BOX 198568 ATLANTA GA 30384 CONSULTING 2934294 TECH-NET INC 101 PARKSHORE DR SUITE 100 FOLSOM CA 95630 CONSULTING 1882431 33 GRID MANAGEMENT REVENUES 221000 197210036 197210036 RELIABILITY COORDINATOR 221000 19776651 19776651 WEIM REVENUES 221000 16479535 16479535 LGIP REVENUES 221000 14558826 14558826 NODAL PRICING 221000 8400000 8400000 5946106 5946106 262371154 10311807 10311807 141283777 141437590 8814 -153813 -8814 -162627 -162627 MISC. NON-OPERATING REVENUE 900003 20430 20430 20430 272540764 262391584 0 10149180 X 12557801 5804152 6753649 125806166 117022784 8783382 15503263 14491358 1011905 11705742 10941704 764038 8442015 7891001 551014 1477783 1351312 126471 685706 685706 73555 73555 39250328 34333076 4917252 41619 41619 6665662 5765151 900511 13870183 12962039 908144 2534841 2374066 160775 1156514 989558 166956 1143367 865598 277769 4388499 4388499 28650089 28650089 2931246 2931246 TRAINING EXPENSES 518076 282739 235337 PROFESSIONAL AND MEMBER 296699 129365 167334 277699154 248316046 29383108 0 1162110567 1020614819 23394500 28979125 10566575 12992135 742418517 614691522 133409031 127726995 227549076 238902264 13817173 13312943 17053127 17468984 1587900049 1459997265 56445894 64571637 0 156660000 1320543065 1026501857 1376988959 1247733494 X 191682500 191994148 19228590 20269623 210911090 212263771 1587900049 1459997265 -5158390 6511071 0 X 0 1 X 1 0 X X 1 STATE OF CALIFORNIA 680284175 6 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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. 73555 73555 277625599 277699154 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 45825 55000 71809 73555 246189 250000 250000 250000 250000 1000000 1500000 10561100 10561100 162251659 91451004 70800655 38015628 29728852 8286776 531590130 493511666 38078464 127726995 EMPLOYEE BENEFIT PLAN OBLIGATION 6761826 DUE TO MARKET PARTICIPANTS 1014691354 DEFERRED OPEB OBLIGATION 5048677 1026501857 279051835 6511071 6511071 272540764 0 272540764 277699154 0 277699154 0 277699154 X X X 0 1 0 0 0 0 0 1 0 ELLIOTT MAINZER PRESIDENT & CEO 847918 0 921875 0 76833 0 163533 0 27048 0 2037207 0 0 0 MARK ROTHLEDER SR. VP & CHIEF OPERATING OFF 558918 0 543422 0 175223 0 143955 0 49826 0 1471344 0 107194 0 ROGER COLLANTON VP, GEN CNSL & CHIEF COMP. OFF 380207 0 392706 0 118953 0 91433 0 50866 0 1034165 0 49503 0 RYAN SEGHESIO VP, CFO & TREASURER 361738 0 362502 0 71977 0 86103 0 46727 0 929047 0 41591 0 STACEY CROWLEY VP, EXTERNAL AFFAIRS 346572 0 360227 0 79365 0 76863 0 34821 0 897848 0 33855 0 NEIL MILLAR VP, INFRASTRUCTURE & OPS PLAN 379819 0 311390 0 85202 0 83612 0 35635 0 895658 0 43926 0 JODI ZIEMATHIS VP, HUMAN RESOURCES 321375 0 330562 0 87405 0 85947 0 49042 0 874331 0 38365 0 ANNA MCKENNA VP, MARKET POLICY AND PERFORMANCE 360350 0 259680 0 92591 0 84917 0 38863 0 836401 0 39292 0 KHALED ABDUL-RAHMAN VP, PWR SYSTEMS & MARKET TECH 337153 0 254583 0 75571 0 75919 0 40280 0 783506 0 31851 0 DEDE SUBAKTI VP, SYSTEMS OPERATIONS 338306 0 232689 0 52068 0 72956 0 36518 0 732537 0 26010 0 JOANNE SERINA VP, STAKEHOLDER ENGAGEMENT 280394 0 231298 0 45232 0 64477 0 38233 0 659634 0 19395 0 ANTHONY IVANCOVICH DEPUTY GEN. CNSL. - REGULATORY 332598 0 131706 0 15593 0 50660 0 35605 0 566162 0 0 0 BURTON GROSS DEPUTY GENERAL COUNSEL - LEGAL 343758 0 128688 0 2899 0 43500 0 33719 0 552564 0 0 0 JOHN ANDERS ASST GENERAL COUNSEL - LEGAL 324663 0 121601 0 2712 0 52000 0 41670 0 542646 0 0 0 ERIC HILDEBRANDT EXEC. DIR., MARKET MONITORING 312850 0 119975 0 37452 0 43500 0 24148 0 537925 0 0 0 ANDREW ULMER ASST GEN. CNSL. - FED REG & MKT 312373 0 72483 0 26500 0 43500 0 34496 0 489352 0 0 0 HANI ALARIAN EXEC. DIR., POWER SYSTEM TECH. OPERA 289645 0 74000 0 29027 0 43500 0 36057 0 472229 0 0 0 HUGO FRECH EXEC. DIR, IT IFS ARC & INFOSEC 280461 0 72949 0 34587 0 43500 0 29145 0 460642 0 0 0 STEPHEN BERBERICH CEO EMERITUS 0 0 121540 0 0 0 0 0 0 0 121540 0 0 0 PART I, LINE 4B IN 2023, 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: -ELLIOTT MAINZER - PRESIDENT & CEO $0 -MARK ROTHLEDER - SR VP & CHIEF OPERATING OFFICER $107,194 -ROGER COLLANTON - VP, GEN CNSL & CHIEF COMPLIANCE OFFICER $49,503 -RYAN SEGHESIO - VP, CHIEF FINANCIAL OFFICER & TREASURER $41,591 -NEIL MILLAR - VP, INSTRASTRUSTURE & OPERATIONS PLANNING $43,926 -STACEY CROWLEY - VP, EXTERNAL AFFAIRS $33,855 -JODI ZIEMATHIS - VP, HUMAN RESOURCES $38,365 -ANNA MCKENNA - VP, MARKET POLICY & PERFORMANCE $39,292 -KHALED ABDUL-RAHMAN - VP, PWR SYSTEMS & MARKET TECH $31,851 -DEDE SUBAKTI - VP, SYSTEMS OPERATIONS $26,010 -JOANNE SERINA - VP, STAKEHOLDER ENGAGEMENT $19,395 PART I, LINE 7 THE ORGANIZATION USES A NON-FIXED PAYMENT METHOD BASED ON A SCORE-BASED SYSTEM FOR INCENTIVE COMPENSATION. THIS SYSTEM IS EVALUATED AND DETERMINED BY THE BOARD ON AN ANNUAL BASIS. 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, ASSISTANT 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, LINE 15 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 CONSULTANTS: PROGRAM SERVICE EXPENSES 6,791,630. MANAGEMENT AND GENERAL EXPENSES 1,676,951. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,468,581. RECRUITMENT/STAFFING: PROGRAM SERVICE EXPENSES 6,714,708. MANAGEMENT AND GENERAL EXPENSES 2,196,164. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,910,872. GIP/OTHER: PROGRAM SERVICE EXPENSES 20,826,738. MANAGEMENT AND GENERAL EXPENSES 1,044,137. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,870,875. STATE OF CALIFORNIA 680284175 GOVERNMENT CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0