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Midwest Reliability Organization

St Paul, MN · EIN 04-3736566 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Midwest Reliability Organization reported $24.6 million in revenue and $23.2 million in expenses for calendar year 2024. Of every $100 it spent, $82.31 went to program services, $17.69 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $817,676 (PRESIDENT/CEO). 64 people received more than $100,000 in reportable compensation. Revenue rose 56% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $23M

For context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $25M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 185 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.3%84.9%
Management & general
Part IX 25(C) ÷ 25(A)
17.7%10.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%83.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
97.4%3.2%
Highest reported compensation
Part VII-A, columns D–F
$817,676$357,133
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.53%1.52%
People paid over $100,000
Part VII, line 2
6412
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.510.5
Independent voting board members
Part VI 1a–1b
18 of 22100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$9.2M expenses · 48.0% of program spending · revenue $16M

Compliance monitoring enforcement program: the mro staff will monitor, assess, and enforce compliance of reliability standards for each registrant (also known as registered entity) that has compliance responsibilities as defined in the mro registry in a non-discriminatory manner with the appropriate due process. In the united states, mro enforces reliability standards according to commission-approved rules (compliance monitoring and enforcement program or "cmep"). In saskatchewan, mro carries out its responsibilities according to an agreement with the applicable provincial authority. In…

$2.7M expenses · 14.0% of program spending · revenue $5.5M

Reliability assessment:the mro analyzes, assesses, and reports on reliability and resource adequacy in the past, present, and future. This includes the long-term and seasonal assessments as required by the rda. Additionally, nerc shall also conduct special reliability assessments as needed

$572K expenses · 3.0% of program spending · revenue $1.9M

Training and education: mro identify, prioritize and assure effective and efficient mitigation of risks to the reliability and security of the north american bulk power system by promoting highly effective reliability organizations (heros)." by providing training and education to industry on the implementation of the cmep, the application of nerc reliability standards, and sharing information and best practices related to reliability and security of the bulk power system in mro's regional footprint. In partnership with nerc and the other regional entities, mro is expanding outreach to state…

$6.7M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Officer, 45.00 hrs/week
$663,607$0$154,069$817,676
SR. VP & COO
Officer, 45.00 hrs/week
$485,270$0$94,269$579,539
VP OF FINANCE/TREASURER
Officer, 45.00 hrs/week
$386,598$0$83,386$469,984
VP GENERAL COUNSEL/SECRETARY
Officer, 45.00 hrs/week
$324,674$0$72,849$397,523
DIRECTOR OF COMPLIANCE MONITORING
Key employee, 45.00 hrs/week
$250,478$0$81,422$331,900
DIRECTOR OF RELIABILITY ANALYSIS
Key employee, 45.00 hrs/week
$267,689$0$49,264$316,953
DIR OF RISK ASSESSMENT & MITIGATION
Key employee, 45.00 hrs/week
$230,216$0$83,612$313,828
PRINCIPAL RELIABILITY ANALYSIS ENG.
Highest compensated employee, 45.00 hrs/week
$226,823$0$82,979$309,802

64 people received more than $100,000 in reportable compensation from Midwest Reliability Organization (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$25M$23M82.3%$11M$817,676
2023 ⓘ$21M$21M83.9%$8.8M$760,407
2022 ⓘ$18M$20M84.3%$8.4M$755,612
2021 ⓘ$18M$17M78.8%$9.6M$713,628
2020 ⓘ$17M$16M84.6%$8.9M$642,122
2019 ⓘ$16M$14M79.0%$7.4M$560,864

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b22 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 596
  • Volunteers Part I, line 619

Correct a figure or respond

Every number above is copied from Midwest Reliability Organization's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Midwest Reliability Organization, you can publish a response that is linked from this page.

Questions people ask

How much of Midwest Reliability Organization's spending goes to programs?

In calendar year 2024, Midwest Reliability Organization reported that 82.3% of its $23.2 million in expenses went to program services, 17.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Midwest Reliability Organization pay its top executive?

The largest total compensation Midwest Reliability Organization reported for one person in calendar year 2024 was $817,676, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Midwest Reliability Organization get its money?

Of $24.6 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 97.4% from program service revenue (Form 990, Part VIII).

Is Midwest Reliability Organization a registered charity?

The IRS lists EIN 04-3736566 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543119349302054 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202402619349301300 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312839349300821 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202212869349300516 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142929349300424 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003049349301890 · read the filing

All filings for EIN 04-3736566: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.