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Public 990 Summary

SERC RELIABILITY CORPORATION

EIN 203311003 · Latest tax year 2024 · Usable public filing summary

CHARLOTTE, NC · Environment · serc1.org

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Program ratio

Not enough public data

Fundraising ratio

0%

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

View previous 990s on ProPublica

Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$31,516,471
Contributions and grants$0
Program service revenue$30,681,582
Other revenue$0
Total expenses$32,166,398
Grants paid$0
Salaries and compensation$26,729,818
Program ratioNot reported
Fundraising ratio0%
Admin ratioNot reported
Total assets$32,981,748
Net assets$14,391,519
Total liabilities$18,590,229

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $31,516,471
Expenses: $32,166,398
Program ratio: Not reported

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Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

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Mission and programs

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.

Public leadership

Public Form 990 officer rows; not a staff or contact directory.

LONNI DIECK

LEAD INDEPENDENT DIRECTOR

4 hours/week · Reportable compensation: $150,213

DEBORAH WHEELER

INDEPENDENT DIRECTOR

3 hours/week · Reportable compensation: $135,750

SHIRLEY BLOOMFIELD

INDEPENDENT DIRECTOR

3 hours/week · Reportable compensation: $138,908

PANDELIS XANTHAKOS

CHAIR

3 hours/week · Reportable compensation: $0

LISA JOHNSON

VICE-CHAIR

3 hours/week · Reportable compensation: $0

VICKY BUDREAU

DIRECTOR

2 hours/week · Reportable compensation: $0

Public filing sources

View previous 990s and source filings on ProPublica
irs_990_cache

Tax year 2024 · Source 202502749349301615 · Parser opportunity-intelligence-financials-v1

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  • Public data coverage: Usable public filing summary.
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