Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2025.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
79 people listed on the 990; $7.8M paid to officers and key staff.
Jason Blake’s $753K as President/CEO is at the 98th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jason Blake | $753,107 | $688,172 | $648,623 | $722,588 | $609,788 |
| Holly Hawkins | $561,592 | $401,971 | $364,465 | $345,036 | $327,934 |
| Timothy Ponseti | $488,270 | $456,956 | $428,162 | $400,111 | $389,173 |
| George Krogstie | $391,289 | $343,664 | $302,589 | $282,575 | $255,498 |
| Brian Thumm | $340,190 | $321,133 | $306,951 | $290,127 | $282,072 |
| Melinda Montgomery | $318,773 | $309,366 | $298,495 | $289,274 | $279,133 |
| Stephen Brown | $304,706 | $245,083 | $235,469 | — | — |
| William Peterson | $258,002 | $240,668 | $278,749 | $222,330 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Ensures the reliable and secure operation of the bulk power system through analysis, standard development, and enforcement.
Questions for Serc Reliability Corporation
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The compliance monitoring and enforcement program (cmep) is the largest program area at serc, and is implemented pursuant to serc's delegation agreement and the nerc uniform cmep developed under section 215(c) of the federal power act and approved by the federal energy regulatory commission.
The compliance monitoring and enforcement program (cmep) is the largest program area at serc, and is implemented pursuant to serc's delegation agreement and the nerc uniform cmep developed under section 215(c) of the federal power act and approved by the federal energy regulatory commission.
The compliance monitoring and enforcement program (cmep) is the largest program area at serc, and is implemented pursuant to serc's delegation agreement and the nerc uniform cmep developed under section 215(c) of the federal power act and approved by the federal energy regulatory commission.
The second largest program at serc is the reliability assessments and performance analysis (rapa) program. Serc's rapa program provides analysis, data gathering, and analysis of events on the BPS. The rapa function identifies reliability risks to the BPS in the serc footprint for the purpose of integrated risk analysis.
By the numbers
The FY2023 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $31.5M | $32.2M | −$650K | $14.4M | 990 PDF |
| FY2023 Viewing | $33.2M | $28.9M | $4.2M | $15.1M | 990 PDF |
| FY2022 | $26.6M | $26.5M | $111K | $10.7M | 990 PDF |
| FY2021 | $25.7M | $24.7M | $1.0M | $10.6M | 990 PDF |
| FY2020 | $23.4M | $23.3M | $33K | $9.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (1 part)
Part VI · Governance 18 of 18 board members independent, no flags
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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