Overview
What is Midwest Reliability Organization?
The Midwest Reliability Organization (MRO) is a nonprofit entity headquartered in St. Paul, Minnesota, with a workforce of 78 individuals. Its primary mission is to ensure the reliability of the bulk power system in the north central region of North America. The organization focuses on assessing compliance with reliability standards for entities involved in the ownership, operation, or use of the bulk power system, as well as performing assessments of the system and conducting technical analyses. By promoting highly effective reliability organizations (HEROS), MRO aims to prioritize and assure effective and efficient mitigation of risks to the reliability and security of the North American bulk power system. MRO carries out its responsibilities in the United States in accordance with Commission-approved rules, in Saskatchewan under an agreement with the provincial authority, and in Manitoba according to the applicable statutory framework.
Official website here: www.mro.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Midwest Reliability Organization has received a strong rating of 89% from Charity Navigator, highlighting its commitment to accountability and financial health. The organization boasts an impressive score in various governance categories, including a fully independent board and robust policies related to conflicts of interest and document retention. These factors contribute positively to the organization's transparent operational structure.
Financially, the Midwest Reliability Organization demonstrates effective management with a program expense ratio of 82.59%, indicating that a significant portion of its budget directly supports its mission. Additionally, the organization has achieved perfect scores in fundraising efficiency, showcasing its ability to raise funds without incurring costs, which is a positive indicator of its operational efficiency.
However, there are some areas for improvement, as reflected in the liabilities to assets ratio, which stands at 54.33%. While this is not alarming, it suggests that the organization may want to enhance its financial strategy to reduce liabilities relative to its assets. Overall, the Midwest Reliability Organization shows strong governance and financial responsibility, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Reliability Organization legitimate?
Midwest Reliability Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Reliability Organization 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: $2,864,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,943,260
For more financial information, click here
Official website here: www.mro.net
What is the mission statement of Midwest Reliability Organization?
The Midwest Reliability Organization (MRO) is dedicated to ensuring the reliability of the bulk power system in North America's north central region. Its primary focus is on assessing compliance with reliability standards among entities responsible for owning, operating, or using the bulk power system. MRO carries out this mission by promoting highly effective Reliability Organizations (HEROs) and performing assessments and technical analysis of matters impacting the reliability and security of the North American bulk power system. The organization enforces compliance with these standards through its Compliance Monitoring and Enforcement Program (CMEP), following rules approved by the Commission in the United States. In Saskatchewan and Manitoba, MRO's responsibilities are carried out according to local agreements and statutory frameworks, respectively.
Official website here: www.mro.net
Who is the CEO of Midwest Reliability Organization?
Sara Patrick is the President/Ceo of Midwest Reliability Organization. The CEO's salary of Midwest Reliability Organization is $622,511 and their total compensation is $755,612.
Official website here: www.mro.net
What is the revenue of Midwest Reliability Organization?
Midwest Reliability Organization's revenue in 2022 was $18,309,870.
Official website here: www.mro.net
Who are the executives of Midwest Reliability Organization and what are their salaries?
The average compensation at Midwest Reliability Organization during 2022 was $151,388. There are 78 employees and 19 volunteers at Midwest Reliability Organization.
Here are 36 key members and their salaries (Midwest Reliability Organization's CEO's salary is $622,511 and their total compensation is $755,612):
- Compensation: $90,875
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- Other: $0
- Compensation: $82,875
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- Compensation: $90,875
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- Other: $0
- Compensation: $82,875
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- Other: $0
- Compensation: $622,511
- Related: $0
- Other: $133,101
- Compensation: $371,536
- Related: $0
- Other: $70,711
- Compensation: $314,154
- Related: $0
- Other: $20,356
- Compensation: $332,835
- Related: $0
- Other: $68,346
- Compensation: $232,628
- Related: $0
- Other: $45,063
- Compensation: $225,163
- Related: $0
- Other: $69,526
- Compensation: $216,845
- Related: $0
- Other: $50,659
- Compensation: $201,822
- Related: $0
- Other: $49,650
- Compensation: $194,392
- Related: $0
- Other: $69,277
- Compensation: $212,818
- Related: $0
- Other: $56,865
- Compensation: $190,758
- Related: $0
- Other: $37,398
- Compensation: $196,166
- Related: $0
- Other: $71,010
- Compensation: $192,951
- Related: $0
- Other: $72,837
Official website here: www.mro.net
Where can I find the form 990 for Midwest Reliability Organization?
Midwest Reliability Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mro.net
Learn more at the official website: www.mro.net
Mission Statement of Midwest Reliability Organization
Midwest Reliability Organization (MRO), a leading organization in North America, is dedicated to ensuring the reliability of the bulk power system in the North Central region. The organization's primary focus lies in assessing the compliance of entities that own, operate, or use the bulk power system with established reliability standards. MRO carries out assessments of the bulk power system and conducts technical analyses of matters impacting the reliability and security of the North American bulk power system.
MRO's mission is geared towards identifying, prioritizing, and ensuring effective and efficient mitigation of risks to the reliability and security of the North American Bulk Power System. The organization promotes the development and enhancement of Highly Effective Reliability Organizations (HEROS) within the sector. In the United States, MRO carries out its responsibilities in accordance with Commission-approved rules. In Saskatchewan and Manitoba, MRO conducts its duties under agreements with the respective provincial authorities.
MRO's Compliance Monitoring and Enforcement Program (CMEP) plays a crucial role in monitoring, assessing, and enforcing compliance of reliability standards for each registrant. This non-discriminatory approach helps to maintain a reliable and secure bulk power system in the North Central region of North America.
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Impact
October, 2024
Midwest Reliability Organization (MRO) plays a crucial role in ensuring the reliability of the bulk power system in the north central part of North America. By focusing on compliance with reliability standards, MRO assesses the operations of entities that own, operate, or utilize the bulk power system (BPS). This includes conducting comprehensive assessments and technical analyses to address matters impacting the reliability of the bulk electric system (BES).
MRO's Compliance Monitoring Enforcement Program (CMEP) is central to maintaining these reliability standards. Through this program, MRO monitors and enforces compliance among registered entities, ensuring a non-discriminatory approach that adheres to due process guidelines. In the United States, MRO enforces these standards based on commission-approved rules, while in Saskatchewan and Manitoba, responsibilities are fulfilled according to their respective provincial regulations.
MRO's mission centers on identifying and effectively mitigating risks to the reliability and security of the North American bulk power system. This commitment promotes the establishment of highly effective reliability organizations (HEROs) and ultimately contributes to the stability and integrity of power distribution across the region. By prioritizing reliability and compliance, MRO significantly impacts the overall health and functionality of the power systems that support communities and economies in the area.
This information is meant to be a general summary of Midwest Reliability Organization. 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.
- Investment Income: $73,480
- Gross Receipts: $18,309,870
Assets and Liabilities:
- Total Assets: $18,395,580
- Total Liabilities: $9,995,442
- Net Assets: $8,400,138
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Organization Details
Founding Year
2002
Phone
(651) 855-1760Principal Officer
Sara Patrick
Main Address
380 ST PETER STREET 800, ST PAUL, MN, 55102
Website
www.mro.netNTEE Category
Code: W80 - Public benefit
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