California Independent System

“The board of california iso is composed of members appointed by the california governor and confirmed by the california state senate.”

“The form 990 is reviewed by the vp, general counsel and chief compliance officer, vp, chief financial officer, controller, assistant controller, director of communications, lead counsel - corporate, vp, hr. The form 990 is provided to the board of governors prior to filing.”

“Annually, employees are required to attend the all employee training which includes: code of conduct, security awareness, employee relations safety and harassment prevention. Employees are required annually to sign a form to disclose if any potential conflict of interest exists that may affect the employee's ability to perform his/her job. Lead counsel - corporate reviews all disclosures to ensure that any actual or potential conflicts are mitigated. This process is reviewed annually by our internal audit function (audit and advisory services).”

“Since 1998, the board of governors of the iso has worked closely with nationally recognized human resources and executive compensation advisory firms to develop an appropriate compensation program for the executives of the iso. Competitive compensation for all non-officer employees is also established by annual third-party compensation surveys. These firms helped the board of governors determine the appropriate levels of executive compensation by compiling extensive market data concerning executive compensation for positions similar to executive positions at the iso. These firms historically have met with the board of governors at least annually to present executive compensation market data, make recommendations and otherwise discuss executive compensation issues. The board relied on the comparability data to determine the appropriate compensation, approved the compensation, and documented the approval in its minutes.”

“The organization makes available on its website (accessible by the public) the financial statements, the code of conduct policy, the tariff (rules of the iso market), the articles of incorporation (and all amendments), the corporate by-laws and the minutes of the board of governors' general session meetings. The documents are also available upon request.”

“Consultants: program service expenses 6,444,212. Management and general expenses 1,094,590. Fundraising expenses 0. Total expenses 7,538,802. Recruitment/staffing: program service expenses 8,690,147. Management and general expenses 2,520,131. Fundraising expenses 0. Total expenses 11,210,278. Gip/other: program service expenses 19,099,333. Management and general expenses 891,055. Fundraising expenses 0. Total expenses 19,990,388.”