The corporation is organized and operated exclusively for charitable purposes including the following: to (i) maintain the reliability of the BULK power and transmission system in new england by, among other functions, exercising operational authority over the BULK transmission facilities, (II) administer and seek to enhance sustainable, competitive and efficient energy markets, and (III) provide NON-discriminatory, open-access transmission service.
Donations are tax-deductible
Category
Environment
Employees
764
Volunteers
0
Financial Snapshot
FY ending 2024-12-31
Revenue
$264.6M
Expenses
$264.6M
Assets
$700.2M
Liabilities
$700.2M
Financial history
$264.6M$132.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $264.6M · Avg: $209.2M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.