Arizona Electric Power Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860176697 ✦ Benson, AZ ✦ Designated as a 501(c)(12)

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Overview

What is Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc (AEPCO) is a nonprofit cooperative based in Arizona that focuses on generating and supplying electricity to its member-owned distribution cooperatives. With a mission to provide electric service, AEPCO ensures the power needs of over 147,000 meters are met. Acting as a generator cooperative, AEPCO plays a crucial role in delivering electricity to its network of members.


Official website here: www.azgt.coop

Is Arizona Electric Power Cooperative Inc legitimate?

Arizona Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Arizona Electric Power Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,757,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,144,802

For more financial information, click here


Official website here: www.azgt.coop

What is the mission statement of Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc, as a generation cooperative, focuses on supplying electric power to its member-owned distribution cooperatives. Its mission is to deliver electric service to its members, providing electricity to over 147,000 meters. The cooperative prioritizes reliability and sustainability in meeting the power requirements of its clients. By generating and selling electric power, Arizona Electric Power Cooperative Inc plays a crucial role in supporting the energy needs of various communities.


Official website here: www.azgt.coop

Who is the CEO of Arizona Electric Power Cooperative Inc?

Peter F Scott is the Director (President) of Arizona Electric Power Cooperative Inc. The CEO's salary of Arizona Electric Power Cooperative Inc is $740,947 and their total compensation is $831,707.


Official website here: www.azgt.coop

What is the revenue of Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc's revenue in 2022 was $291,757,317.


Official website here: www.azgt.coop

Who are the executives of Arizona Electric Power Cooperative Inc and what are their salaries?

The average compensation at Arizona Electric Power Cooperative Inc during 2022 was $108,379. There are 239 employees at Arizona Electric Power Cooperative Inc.


Here are 28 key members and their salaries (Arizona Electric Power Cooperative Inc's CEO's salary is $740,947 and their total compensation is $831,707):


Karthryn J Thatcher (Director (President))
  • Compensation: $24,500
  • Related: $0
  • Other: $0
Reuben B Mcbride (Director(Vice President))
  • Compensation: $27,500
  • Related: $0
  • Other: $0
Judy Mckinley (Director(Treasurer))
  • Compensation: $24,500
  • Related: $0
  • Other: $0
J Tyler Carlson (Director(Secretary))
  • Compensation: $33,000
  • Related: $0
  • Other: $0
Gene R Larson (Director)
  • Compensation: $28,000
  • Related: $0
  • Other: $0
Harrold Burdick (Director)
  • Compensation: $32,500
  • Related: $0
  • Other: $0
Kevin Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Heithoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Barrera (Director)
  • Compensation: $25,250
  • Related: $0
  • Other: $0
Johnnie Frie (Director)
  • Compensation: $27,500
  • Related: $0
  • Other: $0
Dave Luttrell (Director)
  • Compensation: $28,500
  • Related: $0
  • Other: $0
John Nelssen (Director)
  • Compensation: $8,500
  • Related: $0
  • Other: $0
Lawerence Hinchlifee (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Patrick Ledger (Current Chief Executive Of)
  • Compensation: $740,947
  • Related: $0
  • Other: $90,760
Peter Scott (Chief Financial Officer)
  • Compensation: $303,148
  • Related: $0
  • Other: $64,490
Benjamin Engelby (General Counsel)
  • Compensation: $258,796
  • Related: $0
  • Other: $64,137
Michelle Freeark (Key Employee)
  • Compensation: $242,835
  • Related: $0
  • Other: $72,576
Barry Brown (Key Employee)
  • Compensation: $226,065
  • Related: $0
  • Other: $29,204
Mike Nelson (Key Employee)
  • Compensation: $265,999
  • Related: $0
  • Other: $72,816
John Sanders (Key Employee)
  • Compensation: $280,667
  • Related: $0
  • Other: $73,346
Eileen Brien (Key Employee)
  • Compensation: $237,807
  • Related: $0
  • Other: $50,735
Nathen Hatch (Key Employee)
  • Compensation: $187,622
  • Related: $0
  • Other: $56,400
Christopher Jimenez (Key Employee)
  • Compensation: $256,502
  • Related: $0
  • Other: $30,067
Boris Tumarin (Highest Compensated Employ)
  • Compensation: $202,917
  • Related: $0
  • Other: $52,346
Ryan Manzo (Highest Compensated Employ)
  • Compensation: $178,855
  • Related: $0
  • Other: $54,787
Jasin Glasner (Highest Compensated Employ)
  • Compensation: $166,558
  • Related: $0
  • Other: $47,473
Katheen Hardman (Highest Compensated Employ)
  • Compensation: $179,337
  • Related: $0
  • Other: $33,834
Timothy Landwerlen (Highest Compensated Employ)
  • Compensation: $160,733
  • Related: $0
  • Other: $46,959


Official website here: www.azgt.coop

Where can I find the form 990 for Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.azgt.coop

Learn more at the official website: www.azgt.coop

Mission Statement of Arizona Electric Power Cooperative Inc

Arizona Electric Power Cooperative Inc, or AEPCO, is a mission-driven cooperative that focuses on providing electric service to its member-owned distribution cooperatives. With a commitment to meet the power needs of its cooperative members, AEPCO functions as a generation cooperative. In simpler terms, AEPCO generates the electricity that is distributed to over 147,000 meters, ensuring that its member cooperatives have a reliable source of power for their communities. By doing so, AEPCO plays a crucial role in the provision of essential energy services, illuminating homes and businesses across the board.

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Impact




October, 2024

Arizona Electric Power Cooperative Inc (AEPCO) plays a vital role in meeting the electricity needs of its member-owned distribution cooperatives, serving over 147,000 meters across the state. By focusing on the sale of electric power, AEPCO ensures reliable and affordable energy supply, which is crucial for both residential and commercial consumers in the region.

The cooperative's mission to provide electric service fosters economic development and enhances the quality of life for community members. AEPCO's operations not only support local economies but also contribute to the overarching goal of mutual benefit among its members, promoting collaboration and shared success within the cooperative framework.

Additionally, AEPCO's commitment to reliable service helps maintain system stability, supporting both everyday conveniences and emergency responses. Through its efforts, AEPCO has established itself as a key player in Arizona's energy landscape, facilitating not just power distribution but also community resilience.




This information is meant to be a general summary of Arizona Electric Power Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$291,757,317 (2022)
Expenses
$288,610,185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $781,533
  • Program Service Revenue: $258,836,682
  • Gross Receipts: $291,888,238

Assets and Liabilities:

  • Total Assets: $540,784,153
  • Total Liabilities: $361,190,335
  • Net Assets: $179,593,818

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROVIDE ELECTRIC POWER

Revenue

$258,836,682

Organization Details

Founding Year

1961

Principal Officer

Peter F Scott

Main Address

PO BOX 670, BENSON, AZ, 85602

NTEE Category

Code: Y43 - Mutual benefit

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