ISO NEW ENGLAND INC
1 SULLIVAN RD, HOLYOKE, MA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $264,594,190 | $264,594,190 | $0 |
| FY2023 | $235,600,056 | $235,600,056 | $0 |
| FY2022 | $210,813,398 | $210,813,398 | $0 |
| FY2021 | $201,685,559 | $201,685,559 | $0 |
| FY2020 | $195,643,356 | $195,643,356 | $0 |
| FY2019 | $194,266,780 | $194,266,780 | $0 |
| FY2018 | $193,047,934 | $193,047,934 | $0 |
| FY2017 | $184,412,903 | $184,417,903 | $0 |
| FY2016 | $181,579,382 | $181,579,382 | $0 |
| FY2015 | $174,655,653 | $174,655,653 | $0 |
| FY2014 | $163,167,107 | $163,167,107 | $0 |
| FY2013 | $157,283,828 | $157,283,828 | $0 |
| FY2012 | $148,848,236 | $148,848,236 | $0 |
| FY2011 | $139,563,942 | $139,563,942 | $0 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $262,503,596 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $238,068,569 | 90% |
| Management & general | $26,525,621 | 10% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 90% of functional expenses, management & general 10%, and fundraising 0%.
- 90% of functional expenses went to program services in FY2024. That is higher than 78.7% of 333 Environment organizations nationwide (too few in MA for a state comparison).
- Net assets covered about 0 months of expenses at the end of the reporting year. That puts it in the 2nd percentile among 435 Environment organizations in MA.
- Total revenue was higher than 100.2% of 442 Environment organizations in MA.
- Total revenue rose from $139,563,942 in FY2011 to $264,594,190 in FY2024, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2017).
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
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, AMONGST OTHER FUNCTIONS, EXERCISING OPERATIONAL AUTHORITY OVER THE BULK TRANSMISSION FACILITIES, (II)
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | C35 — Environment |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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