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Nonprofiteer
← EDISON ELECTRIC INSTITUTE

Form 990 for tax year 2023

Filed by EDISON ELECTRIC INSTITUTE.

Totals

Total revenue
$96,047,653
Total expenses
$103,533,684
Contributions and grants received
$0
Grants paid
$2,642,578
Program service revenue
$92,987,882
Investment income
$2,971,528
Other revenue
$88,243
Total assets, end of year
$221,643,885
Total liabilities, end of year
$171,502,781
Net assets or fund balances, end of year
$50,141,104
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • WARNER L BAXTER

    CHAIR UNTIL 6/23, MEMBER UNTIL 11/23

    Total calculated
    $0
    Hours/week
    4 + 1 related

  • PEDRO J PIZARRO

    VICE CHAIR THRU 6/23, CHAIR AT 6/23

    Total calculated
    $0
    Hours/week
    4 + 1 related

  • MARIA M POPE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4 + 1 related

  • NICHOLAS K AKINS

    MEMBER (UNTIL 10/23)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LINDA APSEY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PEDRO AZAGRA

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SCOTT BALFOUR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ARUN BANSKOTA

    MEMBER (UNTIL 8/23)

    Total calculated
    $0
    Hours/week
    1

  • ROBERT F BEARD

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRIAN B BIRD

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT M BLUE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CALVIN G BUTLER JR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID A CAMPBELL

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER M CAPONE

    MEMBER (AS OF 3/23)

    Total calculated
    $0
    Hours/week
    1

  • TIMOTHY P CAWLEY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LEO P DENAULT

    MEMBER (UNTIL 2/23)

    Total calculated
    $0
    Hours/week
    1

  • THOMAS DUNN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LINDEN R EVANS

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THOMAS A FANNING

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • WILLIAM J FEHRMAN

    MEMBER (UNTIL 9/23)

    Total calculated
    $0
    Hours/week
    1

  • JOHN FLYNN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM G FONTENOT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHARLES A FRENI JR

    MEMBER (UNTIL 2/23)

    Total calculated
    $0
    Hours/week
    1

  • ROBERT C FRENZEL

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDRES R GLUSKI

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LYNN J GOOD

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SUSAN M GRAY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA A GROW

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY B GULDNER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GRADON R HAEHNEL

    MEMBER (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    1

  • JEFFRY M HOUSEHOLDER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER HUSKILSON

    MEMBER (AS OF 9/23)

    Total calculated
    $0
    Hours/week
    1

  • DAVID G HUTCHENS

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID W JAMES II

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY M KEEBLER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN W KETCHUM

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY E KIPP

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NICOLE A KIVISTO

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RALPH A LAROSSA

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAMES C LARSEN

    MEMBER (UNTIL 5/23)

    Total calculated
    $0
    Hours/week
    1

  • JOHN O LARSEN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SCOTT J LAUBER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID J LESAR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARTIN J LYONS JR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHARLES S MACFARLANE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDREW S MARSH

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARI MCCLURE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THOMAS P MEISSNER JR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOSEPH R NOLAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JERRY NORCIA

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • E ALLEN NYE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BETHANY M OWEN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN M PETTIGREW

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA K POPPE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL QUINN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GARRICK J ROCHOW

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL ROWE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEVIN C SAGARA

    MEMBER (UNTIL 12/23)

    Total calculated
    $0
    Hours/week
    1

  • SCOTT WH SEU

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JULIE A SLOAT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN W SOMERHALDER II

    MEMBER (UNTIL 6/23)

    Total calculated
    $0
    Hours/week
    1

  • VINCENT SORGI

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRIAN X TIERNEY

    MEMBER (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    1

  • SCOTT THON

    MEMBER (AS OF 9/23)

    Total calculated
    $0
    Hours/week
    1

  • KELLY A TOMBLIN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SEAN TRAUSCHKE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DENNIS P VERMILLION

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA K VINCENT-COLLAWN

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KEVIN E WALKER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER C WOMACK

    MEMBER (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    1

  • LLOYD M YATES

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THOMAS KUHN

    PRESIDENT AND CEO

    Total calculated
    $14,400,618
    From this org
    $5,597,026
    From related orgs
    $0
    Other
    $8,803,592
    Hours/week
    43 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,202,323
    Bonus
    $1,329,420
    Other
    $3,065,283
    Deferred
    $8,764,772
    Nontaxable benefits
    $38,820
    Filer's total
    $14,400,618

  • DANNY BROUILLETTE

    PRESIDENT AND CEO ELECT

    Total calculated
    $3,204,087
    From this org
    $2,950,322
    From related orgs
    $0
    Other
    $253,765
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $448,000
    Bonus
    $2,500,000
    Other
    $2,322
    Deferred
    $252,000
    Nontaxable benefits
    $1,765
    Filer's total
    $3,204,087

  • BRIAN WOLFF

    CSO & EVP, PUB POLICY & EXT AFFAIRS

    Total calculated
    $2,193,119
    From this org
    $1,491,155
    From related orgs
    $0
    Other
    $701,964
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $900,757
    Bonus
    $577,000
    Other
    $13,398
    Deferred
    $688,557
    Nontaxable benefits
    $13,407
    Filer's total
    $2,193,119

  • PHILIP MOELLER

    EVP, BUSINESS OPS & REG AFFAIRS

    Total calculated
    $1,382,136
    From this org
    $1,164,835
    From related orgs
    $0
    Other
    $217,301
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $747,207
    Bonus
    $408,000
    Other
    $9,628
    Deferred
    $180,260
    Nontaxable benefits
    $37,041
    Filer's total
    $1,382,136

  • RICHARD MCMAHON

    SVP ENERGY SUPPLY/FINANCE, CHIEF ESG

    Total calculated
    $1,211,974
    From this org
    $688,984
    From related orgs
    $0
    Other
    $522,990
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $479,448
    Bonus
    $200,000
    Other
    $9,536
    Deferred
    $497,504
    Nontaxable benefits
    $25,486
    Filer's total
    $1,211,974

  • EMILY FISHER

    EVP CLEAN ENERGY, GEN COUNSEL & SECRETARY

    Total calculated
    $956,672
    From this org
    $807,649
    From related orgs
    $0
    Other
    $149,023
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $540,088
    Bonus
    $263,000
    Other
    $4,561
    Deferred
    $131,732
    Nontaxable benefits
    $17,291
    Filer's total
    $956,672

  • JOHN SCHLENKER

    CFO & TREASURER (UNTIL 12/23)

    Total calculated
    $1,093,621
    From this org
    $855,797
    From related orgs
    $0
    Other
    $237,824
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $319,538
    Bonus
    $138,000
    Other
    $398,259
    Deferred
    $208,601
    Nontaxable benefits
    $29,223
    Filer's total
    $1,093,621

  • LISA WOOD

    VP, CUSTOMER SOLUTIONS (UNTIL 3/23)

    Total calculated
    $289,835
    From this org
    $200,590
    From related orgs
    $22,288
    Other
    $66,957
    Hours/week
    40.5 + 4.5 related

    Schedule J breakdown matched by us

    Base
    $69,962 + $7,774 related
    Bonus
    $116,100 + $12,900 related
    Other
    $14,528 + $1,614 related
    Deferred
    $57,463 + $6,385 related
    Nontaxable benefits
    $2,798 + $311 related
    Filer's total
    $260,851 + $28,984 related

  • SCOTT AARONSON

    SVP, SECURITY & PREPAREDNESS

    Total calculated
    $670,970
    From this org
    $561,415
    From related orgs
    $0
    Other
    $109,555
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $388,207
    Bonus
    $169,000
    Other
    $4,208
    Deferred
    $75,970
    Nontaxable benefits
    $33,585
    Filer's total
    $670,970

  • STEPHANIE VOYDA

    SVP, COMMS & MEMBER ENGAGEMENT

    Total calculated
    $626,681
    From this org
    $552,372
    From related orgs
    $11,273
    Other
    $63,036
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $387,840 + $7,915 related
    Bonus
    $158,760 + $3,240 related
    Other
    $5,772 + $118 related
    Deferred
    $37,364 + $763 related
    Nontaxable benefits
    $24,411 + $498 related
    Filer's total
    $614,147 + $12,534 related

  • LAWRENCE JONES

    SVP, INTERNATIONAL PROGRAMS

    Total calculated
    $560,789
    From this org
    $474,566
    From related orgs
    $0
    Other
    $86,223
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $328,038
    Bonus
    $141,000
    Other
    $5,528
    Deferred
    $55,130
    Nontaxable benefits
    $31,093
    Filer's total
    $560,789

  • ERIC GREY

    VP, GOVERNMENT RELATIONS

    Total calculated
    $585,617
    From this org
    $484,455
    From related orgs
    $0
    Other
    $101,162
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $304,708
    Bonus
    $178,000
    Other
    $1,747
    Deferred
    $66,090
    Nontaxable benefits
    $35,072
    Filer's total
    $585,617

  • COURTNEY PETERSON

    VP, CHRO & CHIEF DIVERSITY OFFICER

    Total calculated
    $554,149
    From this org
    $488,899
    From related orgs
    $0
    Other
    $65,250
    Hours/week
    42 + 3 related

    Schedule J breakdown matched by us

    Base
    $337,868
    Bonus
    $145,000
    Other
    $6,031
    Deferred
    $46,280
    Nontaxable benefits
    $18,970
    Filer's total
    $554,149

  • PHILIP DION

    SVP, CUSTOMER SOLUTIONS

    Total calculated
    $475,830
    From this org
    $420,537
    From related orgs
    $0
    Other
    $55,293
    Hours/week
    44 + 1 related

    Schedule J breakdown matched by us

    Base
    $327,067
    Bonus
    $50,000
    Other
    $43,470
    Deferred
    $29,000
    Nontaxable benefits
    $26,293
    Filer's total
    $475,830

  • KRISTINE TELFORD

    EXECUTIVE DIRECTOR, EXTERNAL AFFAIRS

    Total calculated
    $403,795
    From this org
    $340,454
    From related orgs
    $0
    Other
    $63,341
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $243,810
    Bonus
    $92,000
    Other
    $4,644
    Deferred
    $39,620
    Nontaxable benefits
    $23,721
    Filer's total
    $403,795

  • SHELBY LINTON-KEDDIE

    EXEC DIR, REG AFFAIRS (UNTIL 10/23)

    Total calculated
    $339,559
    From this org
    $310,397
    From related orgs
    $0
    Other
    $29,162
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $205,802
    Bonus
    $90,000
    Other
    $14,595
    Deferred
    $17,900
    Nontaxable benefits
    $11,262
    Filer's total
    $339,559

  • ANDREA KOCH

    SENIOR DIRECTOR, RELIABILITY POLICY

    Total calculated
    $355,321
    From this org
    $299,109
    From related orgs
    $0
    Other
    $56,212
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $238,222
    Bonus
    $59,100
    Other
    $1,787
    Deferred
    $35,376
    Nontaxable benefits
    $20,836
    Filer's total
    $355,321

  • SADEGH RAZEGHI

    CIO (UNTIL 10/23)

    Total calculated
    $444,973
    From this org
    $443,182
    From related orgs
    $0
    Other
    $1,791
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $213,198
    Bonus
    $39,300
    Other
    $190,684
    Deferred
    $0
    Nontaxable benefits
    $1,791
    Filer's total
    $444,973

  • JOHN ANDERSON

    EXECUTIVE DIRECTOR, EWAC

    Total calculated
    $357,398
    From this org
    $289,629
    From related orgs
    $0
    Other
    $67,769
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $236,986
    Bonus
    $43,900
    Other
    $8,743
    Deferred
    $34,556
    Nontaxable benefits
    $33,213
    Filer's total
    $357,398

  • ERIC HOLDSWORTH

    MANAGING DIR, CLEAN ENERGY & ENVIRON. POLICY

    Total calculated
    $315,901
    From this org
    $301,915
    From related orgs
    $0
    Other
    $13,986
    Hours/week
    33.5 + 11.5 related

    Schedule J breakdown matched by us

    Base
    $259,717
    Bonus
    $37,700
    Other
    $4,498
    Deferred
    $13,325
    Nontaxable benefits
    $661
    Filer's total
    $315,901

  • ROBERT MICHEL

    MANAGING DIR, EMPLOYMENT TESTING

    Total calculated
    $348,070
    From this org
    $309,904
    From related orgs
    $0
    Other
    $38,166
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $268,045
    Bonus
    $39,800
    Other
    $2,059
    Deferred
    $17,901
    Nontaxable benefits
    $20,265
    Filer's total
    $348,070

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
PART I, LINE 1A - EDISON ELECTRIC INSTITUTE ALLOWS FOR BUSINESS CLASS UPGRADE FOR INTERNATIONAL FLIGHTS OVER SIX HOURS. ALSO, ONE EMPLOYEE IS PERMITTED A BUSINESS CLASS/FIRST CLASS UPGRADE FOR DOMESTIC FLIGHTS DUE TO A MEDICAL CONDITION. AMOUNTS FOR BUSINESS CLASS/FIRST CLASS TRAVEL ARE NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 1A - EEI PROVIDES THE SVP, INTERNATIONAL PROGRAMS WITH COMPANION TRAVEL, WHICH IS INCLUDED IN TAXABLE INCOME. PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: RICHARD MCMAHON $1,183 INCLUDED IN TAXABLE INCOME PART I, LINE 1A - PERSONAL SERVICES: EEI PROVIDES LIMITED TAX AND FINANCIAL PLANNING SERVICES TO CERTAIN OFFICERS. THESE SERVICES ARE INCLUDED IN TAXABLE INCOME.
PART I, LINES 4A-B
SADEGH RAZEGHI RECEIVED $172,990 SEVERANCE PAY UPON HIS RETIREMENT AFTER 20 YEARS OF SERVICE. JOHN SCHLENKER, CHIEF FINANCIAL OFFICER, RECEIVED $342,784 SEVERANCE PAY UPON HIS RETIREMENT AFTER 30 YEARS OF SERVICE. THESE ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). THOMAS KUHN EARNED BENEFITS OF $10,856,142 UNDER NON-QUALIFIED PLANS. CURRENT AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (C). IN ADDITION TO THE BENEFITS LISTED ABOVE IN PART I, LINE 4B, THE EDISON ELECTRIC INSTITUTE PROVIDES NON-QUALIFIED DEFERRED COMPENSATION PLANS FOR ELIGIBLE MANAGEMENT EMPLOYEES. CURRENT YEAR AMOUNTS ARE INCLUDED IN SCH J, PART II, COLUMN (C). FOR A FROZEN GROUP OF ELIGIBLE MANAGEMENT EMPLOYEES, THESE NON-QUALIFIED PLAN BENEFITS ARE VESTED ONE YEAR AFTER SEPARATION FROM SERVICE FROM EEI PROVIDED THE EMPLOYEE SEPARATES ON OR AFTER ATTAINING AGE 55 AND COMPLETING FIVE OR MORE YEARS OF SERVICE OR ATTAINING AGE 65 AND SATISFYING THE RESTRICTIVE COVENANTS OF A CONFIDENTIAL INFORMATION, NON-COMPETITION AND NON-SOLICITATION AGREEMENT. FOR A SECOND GROUP OF ELIGIBLE MANAGEMENT EMPLOYEES, THE NON-QUALIFIED PLAN BENEFITS ARE VESTED ON THE ELIGIBLE EMPLOYEE'S RETIREMENT DATE WHICH OCCURS ON OR AFTER ATTAINING THE AGE OF 55 AND COMPLETING FIVE OR MORE YEARS OF SERVICE OR ATTAINING THE AGE OF 65. DANNY BROUILLETTE $242,100 BRIAN WOLFF $666,757 PHILIP MOELLER $141,960 RICHARD MCMAHON $509,656 EMILY FISHER $111,620 LAWRENCE JONES $16,830 JOHN SCHLENKER $221,745 SCOTT AARONSON $32,470 STEPHANIE VOYDA $30,160 LISA WOOD $46,305 ERIC GREY $21,190 COURTNEY PETERSON $14,580 PHILIP DION $300 KRISTINE TELFORD $1,320 THE FOLLOWING PARTICIPANTS IN THE EDISON ELECTRIC INSTITUTE NON-QUALIFIED DEFERRED COMPENSATION PLAN RECEIVED PAYMENTS, AS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND AS DISCLOSED IN COLUMN (F): THOMAS KUHN $1,639,066

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349328602

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