Compensation 990

Iso New England Inc.

Fiscal year ending 2024. Filed on August 15, 2025.

One Sullivan Road
Suite 306
Holyoke, Massachusetts 01040

Iso New England Inc. (EIN: 04-3372500) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Iso New England Inc., a 501(c)(3) charitable organization, reported compensation for 37 out of 764 total employees. Among the employees shown here, the average compensation is $574,717. The highest compensated employee at Iso New England Inc. is Gordon van Welie with fiscal year 2024 compensation of $3,250,419.

Revenue, expenses, and employee compensation

Revenue

$264,594,190

Expenses

$264,594,190

Employee compensation

$156,422,169
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋17.1%vs 2023
Gordon van Welie
President and Chief Executive Officer
$3,250,419
$2,253,854 from orgNo related comp$996,565 other
＋12.0%vs 2023
Vamsi K Chadalavada
Executive Vice President and Chief Operating Officer
$2,471,096
$1,694,325 from orgNo related comp$776,771 other
＋14.4%vs 2023
Peter T Brandien
Vice President, System OPS and Market Admin.
$1,199,291
$1,079,127 from orgNo related comp$120,164 other
＋4.7%vs 2023
Robert C Ludlow
Vice President, Chief Financial and COMP OFF
$1,197,097
$816,584 from orgNo related comp$380,513 other
＋6.2%vs 2023
Maria A Gulluni
Vice President and General Counsel
$950,762
$699,983 from orgNo related comp$250,779 other
＋14.1%vs 2023
Matthew W White
Vice President, Market DEV and Settlements and Chief ECON
$945,489
$713,908 from orgNo related comp$231,581 other
＋10.0%vs 2023
Anne C George
Vice President, Chief EXT Affairs and COMM OFF
$872,239
$608,935 from orgNo related comp$263,304 other
＋23.3%vs 2023
Kathleen Decastro
Vice President, HR and Chief People DIV OFF
$802,071
$517,033 from orgNo related comp$285,038 other
＋4.8%vs 2023
Rudolf A Pawul
Vice President, INFO and Cyber SEC SVCS
$724,920
$494,558 from orgNo related comp$230,362 other
－28.1%vs 2023
Robert G Ethier
Vice President, System Planning
$586,716
$557,048 from orgNo related comp$29,668 other
－12.7%vs 2023
M David Hameedy
EXEC Director, Program MGMT Office
$509,619
$371,295 from orgNo related comp$138,324 other
－53.9%vs 2023
Mark G Karl
Former Vice President, Market DEV and Settlements
$453,047
$453,047 from orgNo related compNo other comp

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES INCLUDING THE FOLLOWING: TO (I) MAINTAIN THE RELIABILITY OF THE BULK POWER AND TRANSMISSION SYSTEM IN NEW ENGLAND BY, AMONGST OTHER FUNCTIONS, EXERCISING OPERATIONAL AUTHORITY OVER THE BULK TRANSMISSION FACILITIES, (II) ADMINISTER AND SEEK TO ENHANCE SUSTAINABLE, COMPETITIVE AND EFFICIENT ENERGY MARKETS, AND (III) PROVIDE NON-DISCRIMINATORY, OPEN-ACCESS TRANSMISSION SERVICE.

Revisions to this organization profile

August 15, 2025:
2024 Iso New England Inc. 990 filed
August 29, 2024:
2023 Iso New England Inc. 990 filed
August 18, 2023:
2022 Iso New England Inc. 990 filed

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