Greetings! On behalf of NISC’s Board of Directors and employees, we invite you to take a moment to review NISC’s 2017 to 2018 Annual Report.

In the introduction section, you will find several highlights from the past fiscal year. For a complete listing of the 2017-2018 fiscal year’s achievements, please review the timeline portion of this website.

We are grateful to say it was another prosperous year for NISC, thanks to the dedication of our employees and the partnership of our Members. It was also a year of reflection and celebration as we reached 50 years of service to our industries. We are so fortunate to be a technology organization that has withstood the test of time. Our mission has always been to embrace technology and continue creating innovative solutions for our Members, enabling them to serve their customers as efficiently as possible. That mission is one we continue to strive towards.

A few key product launches this year included iVUE Connect^® Service, a web-based customer service and provisioning solution to help utilities deploying broadband solutions, NISC CyberDetect, a fully managed and monitored service allowing Members to immediately respond to cyber threats, and NISC Operations Analytics (OA), an integrated analysis platform for engineers and system operators.

This year, NISC expanded to all 50 states and grew in both our employee base and our Membership, employing 1,280 individuals and supporting 828 Member organizations across the country and beyond. To learn more about NISC’s growth and to view the financial reports, please review our financial summary and accompanying charts and statements.

We know our success is owed to the many organizations that make up our Membership, and we look forward to continuing in the spirit of innovation and service in the years to come. Thank you for the opportunity to be your trusted partner in technology.

Here’s to the next 50.

Regards,

Reg Rudolph and Vern Dosch

The management of the company is responsible for the integrity of its financial statements. These statements have been prepared in conformity with generally accepted accounting principles and include the best estimates and judgments of management.

The company maintains a system of internal accounting controls designed to provide reasonable assurance that assets are safeguarded against loss or unauthorized use, and that transactions are executed in accordance with management’s authorization and recorded and summarized properly.

Our independent auditors have audited the company’s financial statements. The audit is conducted in accordance with generally accepted auditing standards, which require a review of the internal accounting controls and tests of accounting procedures to the extent necessary for the purpose of their audit.

To ensure complete independence, the Board of Directors selects the independent auditors and is presented with the full audit report at their regular Board meeting in September of each year.