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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 2023. Filed on November 12, 2024.

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 2023 IRS Form 990 filing, Midcontinent Independent System Operator Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 28 out of 1,246 total employees. Among the employees shown here, the average compensation is $744,955. The highest compensated employee at Midcontinent Independent System Operator Inc. is John Bear with fiscal year 2023 compensation of $4,757,929.

Revenue, expenses, and employee compensation

Revenue

$548,603,867

Expenses

$548,603,867

Employee compensation

$219,677,450
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Bear
Chief Executive Officer
$4,757,929
$4,705,329 No related comp$52,600
Clair Moeller
President
$1,839,347
$1,791,948 No related comp$47,399
Melissa Brown
Senior Vice President and Chief Financial Officer
$1,189,124
$1,144,882 No related comp$44,242
Andre Porter
Senior Vice President and General Counsel
$1,120,493
$1,063,647 No related comp$56,846
Jennifer Curran
Senior Vice President - PLAN and OP and Chief COMP OFF
$1,096,405
$1,061,497 No related comp$34,908
Todd Ramey
Senior Vice President - Markets and Digital Strategy
$1,044,990
$992,390 No related comp$52,600
Richard Wayne Schug
Vice President - Strat and BUS Dvlpmnt
$752,864
$686,744 No related comp$66,120
Richard Doying
Former Officer
$682,681
$682,681 No related compNo other comp
Todd Hillman
Senior Vice President and Chief Customer Officer
$682,621
$668,803 No related comp$13,818
Allegra Nottage
Vice President - HR and Chief Diversity Officer
$642,670
$601,798 No related comp$40,872
Renuka Chatterjee
Vice President, Operations
$634,828
$579,639 No related comp$55,189
Keri Glitch
Vice President and Chief INFO Security (Thru 6/23)
$628,634
$606,818 No related comp$21,816

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Ge Energy Management Services LLC
Software
$13,386,274
Monument Consulting LLC
Professional
$12,298,314
Potomac Economics
Independent Market Monitor
$9,878,050
Technology Site Planners Inc.
Property Management
$5,553,886
Utilicast
Professional
$3,916,661

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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