Overview
What is Georgia System Operations Corporation?
Georgia System Operations Corporation (GSOC) is a nonprofit entity based in Tucker, Georgia, with a workforce of 279 individuals. Their primary mission revolves around ensuring the reliable and independent operation of electric generation, transmission, and distribution assets owned by their members and power supply partners in Georgia and the southeastern United States. By providing 24-hour electric system operation services on a not-for-profit basis, GSOC plays a crucial role in facilitating the energy market in these regions.
Official website here: www.gasoc.com
Is Georgia System Operations Corporation legitimate?
Georgia System Operations Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Georgia System Operations Corporation 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: $5,218,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,842,538
For more financial information, click here
Official website here: www.gasoc.com
What is the mission statement of Georgia System Operations Corporation?
The Georgia System Operations Corporation (GSOC) operates as a not-for-profit entity, providing continuous electric system operation services to energy market participants in Georgia and the southeastern United States. Their primary goal is to ensure the reliable and independent functioning of the electric power system, overseeing generation, transmission, and distribution assets owned by their members and their partners. GSOC's mission encompasses controlling and monitoring these assets to maintain a stable and efficient power grid, contributing significantly to the overall energy market in the specified region.
Official website here: www.gasoc.com
What is the revenue of Georgia System Operations Corporation?
Georgia System Operations Corporation's revenue in 2023 was $92,308,341.
Official website here: www.gasoc.com
Who are the executives of Georgia System Operations Corporation and what are their salaries?
The average compensation at Georgia System Operations Corporation during 2023 was $137,007. There are 307 employees at Georgia System Operations Corporation.
Here are 29 key members and their salaries:
- Compensation: $802,116
- Related: $0
- Other: $149,597
- Compensation: $468,595
- Related: $0
- Other: $118,443
- Compensation: $463,675
- Related: $0
- Other: $78,390
- Compensation: $454,527
- Related: $0
- Other: $78,965
- Compensation: $357,563
- Related: $0
- Other: $85,766
- Compensation: $375,894
- Related: $0
- Other: $65,469
- Compensation: $353,750
- Related: $0
- Other: $78,817
- Compensation: $364,738
- Related: $0
- Other: $60,170
- Compensation: $294,712
- Related: $0
- Other: $73,445
- Compensation: $248,645
- Related: $0
- Other: $83,943
- Compensation: $249,719
- Related: $0
- Other: $79,148
- Compensation: $243,795
- Related: $0
- Other: $77,615
- Compensation: $243,353
- Related: $0
- Other: $58,178
- Compensation: $243,854
- Related: $0
- Other: $56,761
- Compensation: $32,882
- Related: $0
- Other: $0
- Compensation: $28,130
- Related: $0
- Other: $0
- Compensation: $21,770
- Related: $0
- Other: $0
- Compensation: $21,260
- Related: $0
- Other: $0
- Compensation: $19,110
- Related: $0
- Other: $0
- Compensation: $19,030
- Related: $0
- Other: $0
- Compensation: $18,980
- Related: $0
- Other: $0
- Compensation: $15,860
- Related: $0
- Other: $0
- Compensation: $15,470
- Related: $0
- Other: $0
- Compensation: $14,170
- Related: $0
- Other: $0
- Compensation: $11,570
- Related: $0
- Other: $0
- Compensation: $10,660
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gasoc.com
Where can I find the form 990 for Georgia System Operations Corporation?
Georgia System Operations Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gasoc.com
Learn more at the official website: www.gasoc.com
Mission Statement of Georgia System Operations Corporation
Georgia System Operations Corporation (GSOC) is a not-for-profit organization dedicated to ensuring the reliable operation of electric systems for energy market participants in Georgia and the Southeastern United States. The corporation provides around-the-clock electric system operation services, monitoring and controlling generation, transmission, and distribution assets owned by its members and power supply partners.
In essence, GSOC acts as an independent entity responsible for maintaining the electrical grid's stability and dependability. By overseeing and managing the electric infrastructure, GSOC secures a consistent power supply for its clients and protects them from potential power outages or disruptions. The organization's role is crucial for maintaining the flow of electricity and ensuring the stability of the energy market in the region.
Moreover, GSOC's mission extends beyond just electric system operations. It also aims to foster a collaborative environment among its members and power supply partners, promoting efficient communication and coordination to ensure a seamless electric power system. The organization's commitment to reliable, independent system operations plays a significant role in ensuring the economic viability and competitiveness of the energy market in the Southeastern United States.
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Impact
October, 2024
Georgia System Operations Corporation (GSOC) plays a critical role in ensuring the reliability and stability of the electric power grid in Georgia and the Southeastern United States. By providing 24-hour electric system operation services, GSOC oversees the control and monitoring of electric generation, transmission, and distribution assets owned by its members and their power supply partners. This continuous oversight is essential for maintaining the balance between supply and demand, addressing potential issues in real-time, and ensuring that energy market participants can operate seamlessly.
The organization's independent operations contribute significantly to the overall efficiency and security of the region's electric system. By effectively managing the complexities of energy flow across different utilities and ensuring coordinated responses during peak demands or emergencies, GSOC helps mitigate the risk of outages and enhances the reliability of the electric grid. Their efforts support not just the operational needs of energy providers but also the broader public interest by facilitating dependable access to electricity for consumers and businesses alike.
This information is meant to be a general summary of Georgia System Operations Corporation. 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 2023.
- Investment Income: $261,167
- Program Service Revenue: $92,047,174
- Gross Receipts: $92,308,341
Assets and Liabilities:
- Total Assets: $34,037,151
- Total Liabilities: $33,795,131
- Net Assets: $242,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYSTEM OPER REV - OPC/GTC
Revenue
$61,149,379
SHARED SERVS - OPC/GTC
Revenue
$30,477,010
OPER REV - OTHER MEMBERS
Revenue
$254,101
SHARED SERVS - OTHER MEM
Revenue
$166,684
Organization Details
Founding Year
1997
Principal Officer
John G Sweeney Jr
Website
www.gasoc.comNTEE Category
Code: W80 - Public benefit
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