2024-05-13T14:23:12-05:00 2023-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2023-01-01 010852125 ORGANIZATION OF PJM STATES INC ORGA 3022660914 700 BARKSDALE ROAD 1 NEWARK DE 19711 GREGORY CARMEAN EXECUTIVE DIRECTOR 3022660914 2024-05-13 1 GREGORY CARMEAN 999009999 0 JEFFREY A ELWELL CPA P00012195 3022250600 2024-05-13 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z GREGORY CARMEAN 700 BARKSDALE ROAD 1 NEWARK DE 19711 901562 0 X WWW.OPSI.US X 2005 DE TO MAINTAIN AN ORGANIZATION OF THE UTILITY REGULATORY AGENCIES OF THOSE STATES AND THE DISTRICT OF COLUMBIA (COLLECTIVELY "OPSI") WITHIN WHICH PJM INTERCONNECTION, LLC ("PJM") PROVIDES OR OVERSEES ELECTRIC TRANSMISSION, MARKET MAINTENANCE AND MONITORING, RELIABILITY, SECURITY AND OTHER TRANSMISSION SYSTEM OPERATING SERVICES AS A REGIONAL TRANSMISSION OPERATOR ("RTO") AS APPROVED BY THE FEDERAL ENERGY REGULATORY COMMISSION ("FERC"). 14 14 3 0 0 0 665642 885198 0 0 0 0 8928 16364 674570 901562 0 0 0 0 432842 466593 0 0 0 438357 446277 871199 912870 -196629 -11308 110800 99492 0 0 110800 99492 X TO MAINTAIN AN ORGANIZATION OF THE UTILITY REGULATORY AGENCIES OF THOSE STATES AND THE DISTRICT OF COLUMBIA (COLLECTIVELY "OPSI") WITHIN WHICH PJM INTERCONNECTION, LLC ("PJM") PROVIDES OR OVERSEES ELECTRIC TRANSMISSION, MARKET MAINTENANCE AND MONITORING, RELIABILITY, SECURITY AND OTHER TRANSMISSION SYSTEM OPERATING SERVICES AS A REGIONAL TRANSMISSION OPERATOR ("RTO") AS APPROVED BY THE FEDERAL ENERGY REGULATORY COMMISSION ("FERC"). 0 0 910870 ALL ELECTED/APPOINTED OFFICIALS OF THE 14 MEMBER STATES' UTILITY COMMISSIONS AND THEIR STAFF ARE AUTOMATICALLY MEMBERS AND THEREFORE ARE SERVED BY OPSI. THIS EQUATES TO 70 COMMISSIONERS AND NEARLY 3,000 TECHNICAL/LEGAL/ADMINISTRATIVE STAFF PERSONS. OPSI DOES NOT ISSUE/PUBLISH ANY PUBLICATIONS BUT FILES DOCUMENTS IN PROCEEDINGS BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION AS NEEDED. OPSI MEMBERS DO APPEAR AT CONFERENCES AND SEMINARS AS SPEAKERS. MOST DOCUMENTS FILED BY OPSI ARE PUBLICLY AVAILABLE. POLICY DISCUSSIONS AND POSITIONS ARE TAKEN BY OPSI MEMBERS THAT MAY AFFECT THE USE OF ELECTRICITY IN THE REGION AND ENERGY IN GENERAL. 910870 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 1 0 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X GREGORY CARMEAN 3022660914 700 BARKSDALE ROAD SUITE 1 NEWARK DE 19711 KIM DREXLER DIRECTOR 1.00 X 0 0 0 EMILE C THOMPSON VICE PRESIDENT 1.00 X X 0 0 0 ANN MCCABE DIRECTOR 1.00 X 0 0 0 DAVID VELETA DIRECTOR 1.00 X 0 0 0 KENT A CHANDLER PRESIDENT 1.00 X X 0 0 0 MICHAEL T RICHARD TREASURER 1.00 X X 0 0 0 KATHERINE PERETICK DIRECTOR 1.00 X 0 0 0 ZENON CHRISTODOULOU DIRECTOR 1.00 X 0 0 0 CHARLOTTE A MITCHELL DIRECTOR 1.00 X 0 0 0 DENNIS P DETERS SECRETARY 1.00 X X 0 0 0 STEPHEN M DEFRANK DIRECTOR 1.00 X 0 0 0 HERBERT H HILLIARD DIRECTOR 1.00 X 0 0 0 JAMAL HUDSON DIRECTOR 1.00 X 0 0 0 CHARLOTTE R LANE DIRECTOR 1.00 X 0 0 0 GREGORY CARMEAN EXECUTIVE DIRECTOR 40.00 X 195468 0 7500 BENJAMIN SLOAN DIR. OF LEGAL & REGULATORY AFFAIRS 40.00 X 141210 0 14028 336678 0 21528 2 0 1 0 0 885198 885198 ANNUAL MEETING FEES 900099 16348 16348 MISCELLANEOUS 900099 16 16 16364 901562 16364 0 0 202918 202918 195479 195479 7818 7818 30603 30603 29775 29775 2000 2000 68750 68750 7830 7830 14367 14367 21274 21274 58220 58220 270158 270158 3606 3606 FEES/LICENSES 72 72 912870 910870 2000 0 110800 99492 110800 99492 0 0 X 110800 99492 110800 99492 110800 99492 -11308 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 901562 0 901562 0 901562 912870 0 912870 0 912870 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENT.THE INCOME TAX RETURNS OF THE ORGANIZATION FOR THE YEARS ENDED DECEMBER 31, 2020, 2021, AND 2022, ARE SUBJECT TO EXAMINATION BY THE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X X X 0 0 0 0 0 0 0 0 0 GREGORY CARMEAN EXECUTIVE DIRECTOR 195468 0 0 0 0 0 7500 0 0 0 202968 0 0 0 BENJAMIN SLOAN DIR. OF LEGAL & REGULATORY AFFAIRS 141210 0 0 0 0 0 5649 0 8379 0 155238 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER, WITH THE EXECUTIVE DIRECTOR'S ASSISTANCE, WILL PROVIDE THE DRAFT FORM 990 TO THE 14 BOARD MEMBERS AS AN EMAIL ATTACHMENT AND SEEK COMMENTS FROM THEM; IF ANY CHANGES ARE REQUIRED BASED ON THE COMMENTS, SUCH CHANGES WILL BE MADE AND ONLY AFTER THAT FORM 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C ON DECEMBER 12, 2010, DURING THE MONTHLY MEETING OF THE OPSI BOARD OF DIRECTORS, THE OPSI BOARD APPROVED THREE NEW POLICIES: CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION. SUBSEQUENTLY, EACH OF THE 14 BOARD MEMBERS SIGNED INDIVIDUAL COPIES OF THE CONFLICT OF INTEREST POLICY AND THESE ARE INCLUDED IN THE OPSI POLICIES MANUAL AND RETAINED IN THE OPSI OFFICE. OPSI MONITORS AND ENFORCES COMPLIANCE WITH THESE POLICIES BY REQUIRING ANY NEW BOARD MEMBER TO SIGN A COPY. SINCE EACH OPSI MEMBER HAS TO ADHERE TO HER/HIS OWN STATE REGULATIONS ON SUCH MATTERS, THIS ISSUE IS WELL MONITORED. FORM 990, PART VI, SECTION C, LINE 19 THIS ORGANIZATION RETAINS ALL MINUTES OF ALL BOARD MEETINGS, FINANCIAL DOCUMENTS, AUDIT REPORTS, AND ANY MATERIAL RELATED TO THE BOARD'S OFFICIAL ACTIONS. WHILE THE MATERIAL IS NOT DISTRIBUTED, DOCUMENTS ARE AVAILABLE UPON REQUEST SINCE THE MEMBERS ARE PUBLIC OFFICIALS.