Organization Of Miso States Inc
- Assets
- $430.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Madison, WI
- Founding
- 07/2004
- Data as of
- 12/2023
- EIN
- 16-1671529
Organization Overview
Organization Of Miso States Inc is located in Madison, WI. The organization was established in 2004. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Organization Of Miso States Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Organization Of Miso States Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Organization Of Miso States Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OF MISO STATES, INC. IS A NONPROFIT, SELF-GOVERNING ORGANIZATION OF REPRESENTATIVES FROM EACH STATE WITH REGULATORY JURISDICTION OVER ENTITIES PARTICIPATING IN THE MIDCONTINENT INDEPENDENT SYSTEM OPERATOR, INC. (MISO), A REGIONAL TRANSMISSION ORGANIZATION AS DEFINED BY THE FEDERAL ENERGY REGULATORY COMMISSION (FERC). THE PURPOSE OF THE ORGANIZATION IS TO COORDINATE REGULATORY OVERSIGHT AMONG THE STATES, INCLUDING RECOMMENDATIONS TO MISO, THE MISO BOARD OF DIRECTORS, THE FERC, OTHER RELEVANT GOVERNMENT ENTITIES, AND STATE COMMISSIONS, AS APPROPRIATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION ASSISTS MEMBER STATES TO PARTICIPATE IN MISO STAKEHOLDER PROCESS. THIS ASSISTANCE ASSURES BETTER COORDINATION OF ELECTRICITY DELIVERY WITH STATE POLICIES. REIMBURSED TRAVEL EXPENSES FOR PARTICIPANTS IN APPROXIMATELY 50 MEETINGS. ORGANIZATION REIMBURSED MEMBERS FOR ONLINE TRAINING COURSES THROUGHOUT THE YEAR, WHICH HELPED PREPARE NEW STAFF FOR BETTER ENGAGEMENT IN THE FUTURE.ORGANIZATION HOSTED MANY ONLINE EDUCATIONAL EVENTS AND MADE THEM AVAILABLE TO ALL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus Hawkins Executive Director | Officer | 40 | $140,441 |
Dan Scripps President | OfficerTrustee | 15 | $0 |
Tyler Huebner Vice President | OfficerTrustee | 10 | $0 |
Lori Cobos Secretary | OfficerTrustee | 10 | $0 |
Kim O'guinn Treasurer (thru Jan.) | OfficerTrustee | 10 | $0 |
Joseph Sullivan Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $998,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $998,751 |
| Total Program Service Revenue | $15,578 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,016,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,575 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,705 |
| Pension plan accruals and contributions | $7,148 |
| Other employee benefits | $14,866 |
| Payroll taxes | $26,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,616 |
| Advertising and promotion | $0 |
| Office expenses | $10,987 |
| Information technology | $95,401 |
| Royalties | $0 |
| Occupancy | $18,529 |
| Travel | $347,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $117,160 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,477 |
| Insurance | $8,052 |
| All other expenses | $101,164 |
| Total functional expenses | $1,101,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,203 |
| Savings and temporary cash investments | $100,146 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,845 |
| Net Land, buildings, and equipment | $4,052 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,578 |
| Total assets | $430,484 |
| Accounts payable and accrued expenses | $44,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,578 |
| Total liabilities | $64,641 |
| Net assets without donor restrictions | $365,843 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $430,484 |