2025-10-02T15:36:54-05:00 2024-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-01-01 010527319 Northern Maine Independent System Administrator Inc NORT 2079922052 77 Exchange Street 300 Bangor ME 04401 Dwayne Conley COO 2079922052 2025-10-01 1 1 Joseph R Byrne P01289281 2077752387 2025-10-01 2024 2025-03-06 01:10:19Z Kenneth Belcher 77 Exchange Street 300 Bangor ME 04401 934872 0 X www.nmisa.com X 1999 ME To facilitate electric retail competition in Northern Maine. 8 8 3 8 0 0 0 0 1029794 899354 30004 35518 0 0 1059798 934872 0 0 0 0 620772 650764 0 0 0 439026 284108 1059798 934872 0 0 1856072 1787004 1856072 1787004 0 0 To facilitate electric retail competition in Northern Maine by administering the electric transmission system and electric power markets. 0 0 870927 899354 Administered the electricity transmission systems and electric power markets in Aroostook and Washington (Maine) counties. Provided an independent, objective and non-discriminatory administration of electrical transmission, transmission information access and related functions, and monitored and operated the markets of northern Maine for energy, ancillary and other services. 870927 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X Kenneth Belcher 2079922052 77 Exchange Street Bangor ME 044020835 Josh Philbrook Clerk and Treasuer 0.50 X X 0 0 0 Douglas Stevenson Chairman 0.50 X X 0 0 0 Greg Sherman Vice Chairman 0.50 X X 0 0 0 Rob Gillies Director 0.50 X 0 0 0 Scott Hallowell Director 0.50 X 0 0 0 Aleksandar Mitreski Director 0.50 X 0 0 0 Dave Norman Director 0.50 X 0 0 0 Paul Towle Director 0.50 X 0 0 0 Kenneth Belcher President & CEO 40.00 X 246291 0 28492 Dwayne Conley COO 40.00 X 173588 0 43168 Tyler Stewart Technical Analyst 40.00 X 100479 0 14536 520358 0 86196 3 0 1 0 0 ISA Tariff Revenue 221000 839513 839513 Ancillary Service Rev. 221000 59841 59841 899354 35518 35518 934872 899354 0 35518 491539 491539 91650 82485 9165 9647 9165 482 24681 23447 1234 33247 31585 1662 14564 14564 28743 28743 52029 52029 31495 8836 22659 36645 36645 20863 20863 8466 8466 24543 24543 Purchased Power 59841 59841 Trans. Load Dispatching 6919 6919 934872 870927 63945 0 X 1718646 1513421 119330 219142 10204 7973 6210 6210 0 0 7892 46468 1856072 1787004 373904 187900 41766 60086 1440402 1539018 1856072 1787004 X 0 0 1856072 1787004 0 0 X 0 1 X 1 0 X 985774 1118244 1112911 1029794 899354 5146077 985774 1118244 1112911 1029794 899354 5146077 0 0 0 5146077 5532 3309 8964 30004 35518 83327 5532 3309 8964 30004 35518 83327 991306 1121553 1121875 1059798 934872 5229404 0.98410 0.98830 0.01590 0.01170 X 6210 6210 0 0 Board Designated Working Capital Reserve 250000 Board Designated Closure Reserve 932148 Member Deposits 310402 Operating Lease Obligation 46468 1539018 934872 0 934872 0 934872 934872 0 934872 0 934872 X 0 0 0 0 0 0 0 0 0 Kenneth Belcher President & CEO 246291 0 0 0 0 0 9852 0 18640 0 274783 0 0 0 Dwayne Conley COO 173588 0 0 0 0 0 6944 0 36224 0 216756 0 0 0 Form 990, Part VI, Section A, line 6 There are seven voting classes of members and one non-voting class. Form 990, Part VI, Section A, line 7a Each class of members shall appoint or elect, in person or by mailed ballot, its representative director and one alternate director by an official vote in which all members of each such class shall have been able to take part. This election shall take place not less than thirty (30) days prior to the annual meeting of the Board of Directors. Form 990, Part VI, Section B, line 11b Ken Belcher (President) reviews a draft of the 990. After his review, any necessary changes are made and the President then e-mails the Form 990 to the entire Board of Directors. After the Board has had time to review the Form 990 and ask any questions the Form 990 is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The Organization monitors compliance with the conflict of interest policy and enforces compliance should any conflicts be discovered. Form 990, Part VI, Section B, line 15a The CEO's compensation is based upon a formal evaluation from all the Board of Directors. Compensation is based upon the results of the evaluation and economic condition of the area served. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Northern Maine Independent System Administrator, Inc. 77 Exchange Street, Ste 300 Bangor, ME 04401 EIN: 01-0527319 Northern Maine Independent System Administrator, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).