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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Midcontinent Independent System Operator Inc.

Midcontinent Independent System Operator Inc.

Fiscal year ending 2022. Filed on November 11, 2023.

720 City Center Dr
Carmel, Indiana 46032

Midcontinent Independent System Operator Inc. (EIN: 43-1827033) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Midcontinent Independent System Operator Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 30 out of 1,183 total employees. Among the employees shown here, the average compensation is $685,499. The highest compensated employee at Midcontinent Independent System Operator Inc. is John Bear with fiscal year 2022 compensation of $3,651,821.

Revenue, expenses, and employee compensation

Revenue

$460,845,431

Expenses

$460,845,431

Employee compensation

$204,821,249
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Bear
Chief Executive Officer
$3,651,821
$3,250,319 No related comp$401,502
Clair Moeller
President
$1,720,238
$1,557,320 No related comp$162,918
Richard Doying
Executive Vice President Markt Dvlpmnt Strategy
$1,375,961
$1,242,113 No related comp$133,848
Melissa Brown
Senior Vice President and Chief Financial Officer
$1,142,810
$1,021,472 No related comp$121,338
Andre Porter
Vice President and General Counsel
$1,095,522
$967,924 No related comp$127,598
Jennifer Curran
Senior Vice President - PLAN and OP and Chief COMP OFF
$1,078,348
$949,423 No related comp$128,925
Todd Hillman
Senior Vice President and Chief Customer Officer
$958,405
$841,365 No related comp$117,040
Todd Ramey
Senior Vice President and Chief Digital Officer
$956,950
$844,620 No related comp$112,330
Richard Wayne Schug
Vice President - Strat and BUS Dvlpmnt
$838,025
$734,201 No related comp$103,824
Keri Glitch
Vice President and Chief INFO Security
$803,776
$691,531 No related comp$112,245
Melissa Seymour
Vice President - External Affairs (BEG 4/22)
$584,124
$514,104 No related comp$70,020
Timothy Caister
Deputy General Counsel
$562,811
$534,631 No related comp$28,180

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Ge Energy Management Services LLC
Software
$15,415,396
Monument Consulting
Professional
$12,100,400
Potomac Economics
Independent Market Monitor
$7,574,346
Utilicast
Professional
$3,485,456
Technology Site Planners Inc.
Property Management
$3,447,742

Mission Statement

MONITOR AND CONTROL ELECTRIC TRANSMISSION SYSTEM TO PROVIDE NON-DISCRIMINATORY OPEN-ACCESS TO ALL CUSTOMERS AND ENSURE SAFE, RELIABLE, AND EFFICIENT OPERATION FOR THE BENEFIT OF ALL CUSTOMERS.

Revisions to this organization profile

November 13, 2025:
2024 Midcontinent Independent System Operator Inc. 990 filed
November 12, 2024:
2023 Midcontinent Independent System Operator Inc. 990 filed
November 11, 2023:
2022 Midcontinent Independent System Operator Inc. 990 filed

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