ELECTRIC RELIABILITY COUNCIL OF TEXAS INC 10-10-90

As filed

Subsection

04

NTEE code

W800

Classification

3000

Street

8000 METROPOLIS DR BLDG E STE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• ERCOT SUCCESSFULLY MANAGES THE FLOW OF ELECTRICITY TO MORE THAN 27 MILLION CUSTOMERS IN THE STATE OF TEXAS, WHICH INCLUDES THE MANAGEMENT OF FINANCIAL SETTLEMENT FOR THE COMPETITIVE WHOLESALE BULK-POWER MARKET AND THE ADMINISTRATION OF ELECTRIC PROVIDER ACCOUNT SWITCHING IN COMPETITIVE CHOICE AREAS.

  Expenses $239,930,883 · Revenue $427,204,998

• ERCOT ACTS AS THE SERVICER AND ADMINISTRATOR FOR THE SUBCHAPTER N BONDS. UNDER THE ERCOT NODAL PROTOCOLS RELATING TO THE SUBCHAPTER N UPLIFT BALANCE SECURITIZATION, ERCOT BILLS MARKET PARTICIPANTS DAILY IN AMOUNTS SUFFICIENT TO PROVIDE PAYMENTS OF DEBT SERVICE AND OTHER REQUIRED AMOUNTS AND REMITS THOSE FUNDS TO THE TRUSTEE.

  Expenses $100,192,115 · Revenue $100,192,115

• ERCOT ACTS AS THE SERVICER AND ADMINISTRATOR FOR THE SUBCHAPTER M BONDS. UNDER THE ERCOT NODAL PROTOCOLS RELATING TO THE SUBCHAPTER M DEFAULT BALANCE SECURITIZATION, ERCOT BILLS MARKET PARTICIPANTS MONTHLY IN AMOUNTS SUFFICIENT TO PROVIDE PAYMENTS OF DEBT SERVICE AND OTHER REQUIRED AMOUNTS AND REMITS THOSE FUNDS TO THE TRUSTEE.

  Expenses $11,631,225 · Revenue $11,631,225

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $543,240,707

  Expenses

  $444,370,700

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $488,027,967

  Expenses

  $402,791,058

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $355,423,897

  Expenses

  $328,536,901

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $252,635,175

  Expenses

  $257,288,238

  Assets (EOY)

  $3,229,605,813

• 2020 · 990

  Revenue

  $242,749,480

  Expenses

  $232,650,935

  Assets (EOY)

  $1,930,199,146

• 2019 · 990

  Revenue

  $260,219,816

  Expenses

  $225,554,307

  Assets (EOY)

  $1,750,295,213

• 2018 · 990

  Revenue

  $244,963,920

  Expenses

  $209,134,689

  Assets (EOY)

  $1,529,764,219

• 2017 · 990

  Revenue

  $222,267,134

  Expenses

  $204,478,745

  Assets (EOY)

  $1,223,782,330

• 2016 · 990

  Revenue

  $215,770,509

  Expenses

  $186,612,290

  Assets (EOY)

  $848,357,144

• 2015 · 990

  Revenue

  $181,415,110

  Expenses

  $183,505,451

  Assets (EOY)

  $811,268,123

• 2014 · 990

  Revenue

  $178,214,697

  Expenses

  $178,779,799

  Assets (EOY)

  $893,288,740

• 2013 · 990

  Revenue

  $156,561,148

  Expenses

  $172,441,297

  Assets (EOY)

  $1,215,043,117

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $295,396,471

  Assets (EOY)

  $1,115,138,679

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files