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Filing year 2024

CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION

Folsom, California·EIN 94-3274043·NTEE W99 · Public & Societal Benefit·501(c)(3)
Total revenue
$285.9M
Total assets
$1.5B
Total expenses
$292.8M
Reported officers
23
Mission

TO ENSURE EFFICIENT USE AND RELIABLE OPERATION OF THE ELECTRIC TRANSMISSION GRID OPERATED BY THE CALIFORNIA ISO, CONSISTENT WITH THE CALIFORNIA PUBLIC UTILITY CODE, CHAPTER 2.3 PART 1, DIVISION 1. (CONTINUED ON SCHEDULE O.)THE ISO DOES NOT OWN TRANSMISSION FACILITIES, BUT IT CONTROLS THE OPERATION OF A NETWORK OF TRANSMISSION FACILITIES LOCATED THROUGHOUT MOST OF CALIFORNIA, AND ALSO CERTAIN TRANSMISSION FACILITIES LOCATED IN NEVADA, THE OWNERS OF WHICH HAVE TRANSFERRED OPERATIONAL CONTROL TO THE CALIFORNIA ISO. FOR THE BENEFIT OF OUR CUSTOMERS, WE:- OPERATE THE GRID RELIABLY AND EFFICIENTLY;- PROVIDE FAIR AND OPEN TRANSMISSION ACCESS;- PROMOTE ENVIRONMENTAL STEWARDSHIP; AND- FACILITATE EFFECTIVE MARKETS AND PROMOTE INFRASTRUCTURE DEVELOPMENT, ALL THROUGH THE PROVISION OF TIMELY AND ACCURATE INFORMATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President & CEO
Above 90th percentilevs Public & Societal Benefit peers in California
$2.3M
$2.5M
Base
$933k
Bonus
$1.1M
Other
$82k
Benefits
$28k
Sr VP & Chief Operating Off.
Vice President
Above 90th percentile
$1.7M
$1.8M
Base
$583k
Bonus
$717k
Other
$187k
Benefits
$51k
Vp, Gen. Cnsl. & Chief Comp. Off.
Vice President
Above 90th percentile
$1.1M
$1.1M
Base
$399k
Bonus
$412k
Other
$89k
Benefits
$53k
Vp, Chief Financial Off. & Treasurer
Vice President
Above 90th percentile
$1000k
$1.1M
Base
$384k
Bonus
$398k
Other
$77k
Benefits
$49k
Vp, External Affairs
Vice President
Above 90th percentile
$928k
$988k
Base
$361k
Bonus
$365k
Other
$80k
Benefits
$36k
Vp, Market Design & Analysis
Vice President
Above 90th percentile
$927k
$987k
Base
$389k
Bonus
$284k
Other
$112k
Benefits
$41k
Vp, Human Resources
Vice President
Above 90th percentile
$921k
$980k
Base
$341k
Bonus
$350k
Other
$88k
Benefits
$51k
Vp, Infrastructure & Ops Planning
Vice President
Above 90th percentile
$919k
$979k
Base
$414k
Bonus
$320k
Other
$81k
Benefits
$36k
Vp, Power Systems & Mkt Technology
Vice President
Above 90th percentile
$853k
$908k
Base
$368k
Bonus
$285k
Other
$69k
Benefits
$45k
Vp, System Operations
Vice President
Above 90th percentile
$775k
$825k
Base
$352k
Bonus
$247k
Other
$58k
Benefits
$40k
Vp, Stakeholder Engagement
Vice President
Above 90th percentile
$704k
$750k
Base
$292k
Bonus
$234k
Other
$64k
Benefits
$40k
Deputy Gen. Cnsl. - Legal
Highest Compensated Employee
Above 90th percentilevs Public & Societal Benefit peers in California
$589k
$627k
Base
$358k
Bonus
$144k
Other
$3k
Benefits
$37k
Deputy Gen. Cnsl. - Development
Highest Compensated Employee
Above 90th percentilevs Public & Societal Benefit peers in California
$587k
$625k
Base
$352k
Bonus
$135k
Other
$4k
Benefits
$43k
Exec. Dir., Market Monitoring
Key Employee
Above 90th percentile
$550k
$585k
Base
$330k
Bonus
$129k
Other
$8k
Benefits
$29k
Assistant Gen. Cnsl. - Fed Reg & Mkt
Highest Compensated Employee
Above 90th percentilevs Public & Societal Benefit peers in California
$522k
$555k
Base
$322k
Bonus
$84k
Other
$28k
Benefits
$37k
Executive Director of Grid Operations
Above 90th percentilevs Public & Societal Benefit peers in California
$505k
$537k
Base
$302k
Bonus
$117k
Other
$7k
Benefits
$29k
Manager, Balancing Authority Operations
Operations Manager
Above 90th percentilevs all sectors nationwide
$489k
$521k
Base
$333k
Bonus
$66k
Other
$16k
Benefits
$18k
Exec Dir., IT Ifs. Arc. & Info Sec.
Key Employee
Above 90th percentile
$480k
$511k
Base
$293k
Bonus
$87k
Other
$37k
Benefits
$16k
Board of Governors
Board Member
75th to 90th percentile
$93k
$99k
Board of Governors
Board Member
75th to 90th percentile
$93k
$98k
Vice Chair
Board Vice Chair
Above 90th percentilevs all sectors nationwide
$92k
$97k
Chair
Board Chair
75th to 90th percentile
$90k
$95k
Board of Governors
Board Member
75th to 90th percentile
$84k
$89k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.8%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 13%
from 2023

From $2M in 2023 to $2.3M in 2024.

$2M
2023
$2.3M
2024
In today's dollarsEst.
Up 10% in real terms$2.2M to $2.5M

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 5%.

$2M in 2023 to $2.3M in 2024.
  • Vice President pay rose 15% from 2023 to 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$272.5M
$277.7M
2023
$285.9M
$292.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Public & Societal Benefit executives earn in California

Comparable public & societal benefit organizations in California pay their highest-earning executive a median of $104,500.

25th percentile
$40k
Median
$104,500
75th percentile
$188k
90th percentile
$381k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 273 organizations across 273 filings (2022 – 2024).

See full Public & Societal Benefit pay data for California
FAQ

Common questions about CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION

What does the Chief Executive Officer of CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION earn?

In 2024, the Chief Executive Officer of CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION received $2,308,710 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Public & Societal Benefit organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in California, the 2024 pay of the Chief Executive Officer at CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION falls in the top 10%. In 2024, the highest total compensation at CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION's revenue and expenses?

In 2024, CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION reported $285.9M in total revenue and $292.8M in total expenses on its IRS Form 990.

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