Skip to main content
Filing year 2024

SERC RELIABILITY CORPORATION

Charlotte, North Carolina·EIN 20-3311003·NTEE C35 · Environment·501(c)(6)
Total revenue
$31.5M
Total assets
$33M
Total expenses
$32.2M
Reported officers
28
Mission

THE MISSION OF THE SERC RELIABILITY CORPORATION (SERC) IS TO ASSURE EFFECTIVE AND EFFICIENT REDUCTION OF RISKS TO THE RELIABILITY AND SECURITY OF THE BULK POWER SYSTEM. SERC PROVIDES STATUTORY FUNCTIONS CALLED FOR IN SECTION 215 OF THE FEDERAL POWER ACT, IN ACCORDANCE WITH ITS DELEGATION AGREEMENT BETWEEN SERC AND THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC). SERC PROVIDES THE FOLLOWING FUNCTIONS: ANALYZE EVENTS TO IDENTIFY LESSONS LEARNED THAT WILL IMPROVE RELIABILITY; PROMOTE BPS RELIABILITY, ADEQUACY AND SECURITY; HELP DEVELOP RELIABILITY STANDARDS FOR THE NORTH AMERICAN BULK POWER SYSTEM (BPS) AND THE SERC REGION; MONITOR AND ENFORCE APPROVED MANDATORY RELIABILITY STANDARDS; REGISTER AND CERTIFY RESPONSIBLE ENTITIES UNDER THE RELIABILITY COMPLIANCE PROGRAM; ASSESS THE BPS PAST, PRESENT, AND FUTURE RISK PROFILE IN ORDER TO ASSURE RELIABILITY, ADEQUACY, AND SECURITY; AND TRAIN OPERATING PERSONNEL TO ASSURE COMPETENCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Environment organizations nationwide.

President/ceo
Above 90th percentilevs Environment peers in North Carolina
$836k
$886k
Base
$487k
Bonus
$241k
Other
$25k
Benefits
$37k
VP - Gen. Counsel & Corp. Secretary
Vice President
Above 90th percentile
$611k
$648k
Base
$326k
Bonus
$218k
Other
$18k
Benefits
$4k
VP - Operations
Vice President
Above 90th percentile
$563k
$597k
Base
$331k
Bonus
$133k
Other
$24k
Benefits
$29k
CFO & Corporate Treasurer
Above 90th percentile
$474k
$503k
Base
$286k
Bonus
$94k
Other
$11k
Benefits
$37k
VP - Perf Improvement & Risk Mgmt
Vice President
Above 90th percentile
$410k
$435k
Base
$268k
Bonus
$67k
Other
$5k
Benefits
$24k
Sr. Dir.-engineering & Adv Analytics
Highest Compensated Employee
Above 90th percentile
$377k
$400k
Base
$252k
Bonus
$64k
Other
$3k
Benefits
$14k
Director - Cyber & Physical Security
Highest Compensated Employee
Above 90th percentile
$371k
$394k
Base
$206k
Bonus
$97k
Other
$1k
Benefits
$29k
Director - Enforcement
Highest Compensated Employee
Above 90th percentile
$342k
$362k
Base
$248k
Bonus
$24k
Other
$2k
Benefits
$29k
Director - Entity Develop. & Comm.
Highest Compensated Employee
Above 90th percentile
$330k
$350k
Base
$214k
Bonus
$43k
Other
$584
Benefits
$34k
Director - Reliability Assurance
Highest Compensated Employee
Above 90th percentile
$321k
$341k
Base
$209k
Bonus
$44k
Other
$3k
Benefits
$28k
Lead Independent Director
Officer (Unspecified)
$150k
$159k
Base
$150k
Bonus
Other
Benefits
Independent Director
Board Member
Above 90th percentile
$139k
$147k
Independent Director
Board Member
Above 90th percentile
$136k
$144k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 15 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SERC RELIABILITY CORPORATION equaled 3% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2024)
3%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 116%
from 2023

From $388k in 2023 to $836k in 2024.

$388k
2023
$836k
2024
In today's dollarsEst.
Up 109% in real terms$423k to $886k

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

Pay for the position

Highest Compensated Employee pay rose 3% from 2023 to 2024, while revenue fell 5%.

$366k in 2023 to $377k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
SERC RELIABILITY CORPORATION2024
$836k
2
TRIANGLE LAND CONSERVANCY INC2023
$136k
See full Executive Director compensation rankings across Environment
FAQ

Common questions about SERC RELIABILITY CORPORATION

What does the Chief Executive Officer of SERC RELIABILITY CORPORATION earn?

In 2024, the Chief Executive Officer of SERC RELIABILITY CORPORATION received $835,753 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Environment organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SERC RELIABILITY CORPORATION compare with similar nonprofits?

Compared with the same role at Environment organizations in North Carolina, the 2024 pay of the Chief Executive Officer at SERC RELIABILITY CORPORATION falls in the top 10%. In 2024, the highest total compensation at SERC RELIABILITY CORPORATION equaled 3% of the organization's total expenses. The median for environment organizations is 11%.

What are SERC RELIABILITY CORPORATION's revenue and expenses?

In 2024, SERC RELIABILITY CORPORATION reported $31.5M in total revenue and $32.2M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.