Overview
What is Organization Of Pjm States Inc?
Organization of PJM States Inc is a nonprofit organization primarily serving the 14 member states' utility commission officials and their staff, totaling around 70 commissioners and 3,000 staff members. Based in Newark, Delaware, the organization's main objective is to maintain a cooperative body, known as OPSI, that works in conjunction with PJM Interconnection, LLC. This organization provides or oversees electric transmission, market maintenance, monitoring, reliability, security, and other transmission system operating services as a Regional Transmission Operator (RTO), approved by the Federal Energy Regulatory Commission (FERC). While OPSI itself does not publish any publications, it files documents in proceedings before the FERC as necessary. The organization's members often appear as speakers at conferences and seminars, and most of the documents filed by OPSI are publicly available. Overall, Organization of PJM States Inc serves as a crucial link between the utility regulatory agencies and PJM Interconnection, LLC, ensuring the efficient functioning of the electric transmission system in the region.
Official website here: www.opsi.us
Is Organization Of Pjm States Inc legitimate?
Organization Of Pjm States Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Organization Of Pjm States Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $192,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,814
For more financial information, click here
Official website here: www.opsi.us
What is the mission statement of Organization Of Pjm States Inc?
The Organization of PJM States Inc serves to establish and maintain an organization for the utility regulatory agencies in various states and the District of Columbia. Within this organization, PJM Interconnection LLC provides or oversees electric transmission, market maintenance and monitoring, reliability, security, and other transmission system operating services as a Regional Transmission Operator (RTO), approved by the Federal Energy Regulatory Commission (FERC). The primary objective of this organization is to ensure the smooth operation of the electric transmission system in the designated regions, promoting energy efficiency and reliability. By facilitating cooperation between the utility regulatory agencies, the Organization of PJM States Inc aims to enhance the overall power grid infrastructure and support sustainable energy solutions.
Official website here: www.opsi.us
Who is the CEO of Organization Of Pjm States Inc?
Gregory Carmean is the Director of Organization Of Pjm States Inc.
Official website here: www.opsi.us
What is the revenue of Organization Of Pjm States Inc?
Organization Of Pjm States Inc's revenue in 2022 was $674,570.
Official website here: www.opsi.us
Who are the executives of Organization Of Pjm States Inc and what are their salaries?
The average compensation at Organization Of Pjm States Inc during 2022 was $93,822. There are 4 employees at Organization Of Pjm States Inc.
Here are 15 key members and their salaries:
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- Compensation: $186,871
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- Other: $5,602
Official website here: www.opsi.us
Where can I find the form 990 for Organization Of Pjm States Inc?
Organization Of Pjm States Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opsi.us
Learn more at the official website: www.opsi.us
Mission Statement of Organization Of Pjm States Inc
The Organization of PJM States Inc serves a unique role within the utility regulatory agencies of various states and the District of Columbia. Its mission is to maintain an organization that supports PJM Interconnection, LLC, a Regional Transmission Operator (RTO), in providing or overseeing electric transmission, market maintenance and monitoring, reliability, security, and other transmission system operating services, as approved by the Federal Energy Regulatory Commission (FERC). This organization, collectively known as OPSI, is crucial in facilitating PJM's operation as an RTO within the specified states and district. By doing so, the Organization of PJM States Inc contributes to the overall efficiency and reliability of the electric transmission system, ensuring a stable energy supply for the communities it serves.
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Impact
October, 2024
The Organization Of Pjm States Inc (OPSI) plays a crucial role in coordinating the regulatory framework governing electricity transmission and market operations in the regions served by PJM Interconnection, LLC. By uniting the utility regulatory agencies from 14 member states and the District of Columbia, OPSI facilitates a collaborative approach to ensuring reliable and secure electricity delivery.
With automatic membership for the elected and appointed officials of the utility commissions from these states, OPSI represents a substantial body of expertise, comprising 70 commissioners and nearly 3,000 technical, legal, and administrative staff. This collective knowledge strengthens regulatory oversight and facilitates informed policy discussions that impact energy usage and market dynamics across the region.
OPSI engages proactively in dialogues and proceedings before the Federal Energy Regulatory Commission (FERC), contributing to regulatory decisions that shape the energy landscape. Through its participation in conferences and seminars, OPSI members disseminate critical insights and emerging trends related to electricity transmission and market operations.
Ultimately, OPSI's impact extends beyond regulatory compliance; it plays a pivotal role in ensuring the reliability of the energy supply, enhancing security measures, and fostering a stable market environment. Its influence on policy discussions helps to navigate challenges in the energy sector, promoting sustainable practices and innovation in electricity usage throughout the region.
This information is meant to be a general summary of Organization Of Pjm States Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $674,570
Assets and Liabilities:
- Total Assets: $110,800
- Total Liabilities: $0
- Net Assets: $110,800
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Organization Details
Founding Year
2005
Phone
(302) 266-0914Principal Officer
Gregory Carmean
Main Address
700 BARKSDALE ROAD 1, NEWARK, DE, 19711
Website
www.opsi.usNTEE Category
Code: U03 - Science research
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