2026-08-25T13:39:10-05:00 2025-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2025-01-01 010852125 ORGANIZATION OF PJM STATES INC ORGA 3022660914 700 BARKSDALE ROAD 1 NEWARK DE 19711 BEN SLOAN EXECUTIVE DIRECTOR 3022660914 2026-08-13 1 JEFFREY A ELWELL CPA P00012195 3022250600 2026-08-13 2025 2025-03-06 01:10:19Z BEN SLOAN 700 BARKSDALE ROAD 1 NEWARK DE 19711 1176620 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 1005166 1126673 0 0 0 0 44402 49947 1049568 1176620 0 0 0 0 465247 534616 0 0 0 515072 594090 980319 1128706 69249 47914 168741 227483 0 0 168741 227483 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 1128706 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. 1128706 0 1 0 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 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 1 1 0 X X BEN SLOAN 3022660914 700 BARKSDALE ROAD SUITE 1 NEWARK DE 19711 KIM DREXLER TREASURER 1.00 X X 0 0 0 DENNIS P DETERS 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 KATHERINE PERETICK DIRECTOR 1.00 X 0 0 0 ZENON CHRISTODOULOU SECRETARY 1.00 X X 0 0 0 CHARLOTTE R LANE DIRECTOR 1.00 X 0 0 0 STEPHEN M DEFRANK VICE PRESIDENT 1.00 X X 0 0 0 HERBERT H HILLIARD DIRECTOR 1.00 X 0 0 0 KUMAR P BARVE DIRECTOR 1.00 X 0 0 0 ANGIE HATTON DIRECTOR 1.00 X 0 0 0 TED TRABUE DIRECTOR 1.00 X 0 0 0 JON GAJDA DIRECTOR 1.00 X 0 0 0 KELSEY A BAGOT DIRECTOR 1.00 X 0 0 0 GREGORY CARMEAN EXECUTIVE DIRECTOR 40.00 X 227525 0 7552 BENJAMIN SLOAN DIR. OF LEGAL & REGULATORY 40.00 X 169458 0 16268 396983 0 23820 2 0 1 0 0 1126673 1126673 ANNUAL MEETING FEES 900099 49868 49868 MISCELLANEOUS 900099 79 79 49947 1176620 49947 0 0 235077 235077 244508 244508 9781 9781 12155 12155 33095 33095 71843 71843 18811 18811 24223 24223 11716 11716 37719 37719 423262 423262 3853 3853 PRINTING AND COPYING 1347 1347 SUPPLIES 592 592 MEMBERSHIP DUES 409 409 MISCELLANEOUS 315 315 1128706 1128706 0 0 168741 227483 168741 227483 0 0 X 168741 227483 168741 227483 168741 227483 47914 10828 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1176620 0 1176620 0 1176620 1128706 0 1128706 0 1128706 X X X 0 0 0 0 0 0 0 0 0 GREGORY CARMEAN EXECUTIVE DIRECTOR 227525 0 0 0 0 0 7552 0 0 0 235077 0 0 0 BENJAMIN SLOAN DIR. OF LEGAL & REGULATORY 169458 0 0 0 0 0 6778 0 9490 0 185726 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 B, LINE 15 THE ORGANIZATION'S GOVERNING BODY REVIEWS AND APPROVES THE COMPENSATION OF ITS EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. COMPENSATION IS EVALUATED PERIODICALLY USING SALARY INFORMATION FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, TAKING INTO CONSIDERATION THE INDIVIDUAL'S RESPONSIBILITIES, EXPERIENCE, PERFORMANCE, AND THE ORGANIZATION'S FINANCIAL RESOURCES. THE GOVERNING BODY DOCUMENTS ITS REVIEW AND APPROVAL OF COMPENSATION IN THE MEETING MINUTES. 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.