Kodiak Electric Association Inc

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

EIN: 920010172 ✦ Kodiak, AK ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Kodiak Electric Association Inc?

Kodiak Electric Association Inc, located in Kodiak, Alaska, is a rural electric cooperative that provides essential electric services to approximately 6,000 meters. Their commitment extends beyond just electricity generation, transmission, distribution, and sales, as they strive to ensure safe and reliable energy for their members and the community. With a dedicated team of 37 employees, Kodiak Electric Association, Inc. is dedicated to enhancing the quality of life for its customers by delivering a high level of service excellence.


Official website here: www.kodiakelectric.com

What are the reviews and ratings of this charity?

Kodiak Electric Association Inc is not currently rated by Charity Navigator. This is because it does not meet the necessary criteria for evaluation, as it is not a 501(c)(3) IRS registered nonprofit, which is a requirement for their rating systems. Therefore, an assessment of its accountability, finance, impact, and leadership cannot be provided by Charity Navigator.

The absence of a rating on Charity Navigator does not imply any positive or negative inference about the organization. It simply indicates that Kodiak Electric Association Inc does not fall under the typical nonprofit classification evaluated by Charity Navigator. Without a rating, donors may need to rely on other sources for insights into the organization’s operations and effectiveness.

There are no user reviews for Kodiak Electric Association Inc on GreatNonprofits, which means there is limited publicly available feedback on the organization's community impact or customer experiences. Without such testimonials, potential supporters may face challenges in gaining a comprehensive understanding of the organization’s community reputation.


This AI summary has been generated from information found on Charity Navigator.

Is Kodiak Electric Association Inc legitimate?

Kodiak Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kodiak Electric Association 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: $898,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kodiakelectric.com

What is the mission statement of Kodiak Electric Association Inc?

Kodiak Electric Association Inc is dedicated to delivering safe and reliable electricity to around 6,000 meters. Their commitment extends beyond just energy provision, as they aim to enhance the quality of life of their members and the community through a high level of service excellence. This rural electric cooperative prioritizes safety and reliability as the cornerstone of their operations. Their goal is to consistently improve the living conditions of those they serve.


Official website here: www.kodiakelectric.com

Who is the CEO of Kodiak Electric Association Inc?

Darron Scott is the CEO of Kodiak Electric Association Inc The CEO's salary of Kodiak Electric Association Inc is $357,593 and their total compensation is $525,805.


Official website here: www.kodiakelectric.com

What is the revenue of Kodiak Electric Association Inc?

Kodiak Electric Association Inc's revenue in 2023 was $26,382,447.


Official website here: www.kodiakelectric.com

Who are the executives of Kodiak Electric Association Inc and what are their salaries?

The average compensation at Kodiak Electric Association Inc during 2023 was $19,960. There are 45 employees at Kodiak Electric Association Inc.

Here are 16 key members and their salaries (Kodiak Electric Association Inc's CEO's salary is $357,593 and their total compensation is $525,805):


Darron Scott (President/Ceo)
  • Compensation: $357,593
  • Related: $0
  • Other: $168,212
Daniel Menth (Manager Of Finance & Admin.)
  • Compensation: $201,743
  • Related: $0
  • Other: $92,760
Dustin Egdorf (Operations Manager)
  • Compensation: $192,765
  • Related: $0
  • Other: $95,959
Shane Lotzer (Line Foreman)
  • Compensation: $212,973
  • Related: $0
  • Other: $53,795
Jefferson Miranda (Lineman)
  • Compensation: $182,213
  • Related: $0
  • Other: $52,554
Kevin Cornett (Power Generation Technician)
  • Compensation: $170,299
  • Related: $0
  • Other: $51,910
Michael Kane (Power Generation Technician)
  • Compensation: $169,107
  • Related: $0
  • Other: $51,677
Stosh Anderson (Secretary/Treasurer)
  • Compensation: $14,960
  • Related: $0
  • Other: $0
Linda Freed (Director)
  • Compensation: $12,320
  • Related: $0
  • Other: $0
Ron Acarregui (Vice-Chairman)
  • Compensation: $10,560
  • Related: $0
  • Other: $0
Meghan Kelly (Director)
  • Compensation: $10,120
  • Related: $0
  • Other: $0
Michael Brechan (Chairman)
  • Compensation: $9,680
  • Related: $0
  • Other: $0
Ben Millstein (Director)
  • Compensation: $8,360
  • Related: $0
  • Other: $0
Tyler Kornelis (Director)
  • Compensation: $7,920
  • Related: $0
  • Other: $0
Cliff Davidson (Director)
  • Compensation: $3,960
  • Related: $0
  • Other: $0
Matt Moir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kodiakelectric.com

Where can I find the form 990 for Kodiak Electric Association Inc?

Kodiak Electric Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kodiakelectric.com

Learn more at the official website: www.kodiakelectric.com

Mission Statement of Kodiak Electric Association Inc

Kodiak Electric Association Inc, a rural electric cooperative, is dedicated to providing safe, reliable electricity and an exceptional level of service to around 6,000 meters. The organization is committed to enhancing the quality of life of its members and the community by ensuring a consistent electric supply.

At the heart of Kodiak Electric Association Inc's mission lies the provision of electricity through generation, transmission, distribution, and sales. The cooperative takes pride in delivering a dependable energy source to its members, enabling them to carry out their daily activities with ease. Furthermore, Kodiak Electric Association Inc aspires to go beyond just supplying electricity, striving to offer a high standard of service excellence that sets it apart.

Kodiak Electric Association Inc's steadfast commitment to its members and the community means that it is not content with merely meeting their electric needs. Instead, the organization aspires to exceed expectations and contribute to the overall well-being of those it serves. By providing safe and reliable electricity, Kodiak Electric Association Inc plays a vital role in fostering a thriving community where its members can flourish.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Kodiak Electric Association Inc plays a crucial role in delivering reliable electricity to approximately 6,000 meters in Kodiak, Alaska. By providing generation, transmission, and distribution of electricity, it significantly enhances the quality of life for its community members. The organization is dedicated to ensuring safety and reliability in its energy services, fostering a strong commitment to excellence in customer service. Through its operations, Kodiak Electric Association not only supports the daily needs of households and businesses but also contributes to the overall economic stability and resilience of the region. Its commitment to public benefit further reinforces its mission to elevate the community's standard of living through dependable energy solutions.




This information is meant to be a general summary of Kodiak Electric Association 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
$26,382,447 (2023)
Expenses
$24,185,706 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $89,795
  • Program Service Revenue: $26,220,652
  • Gross Receipts: $26,382,447

Assets and Liabilities:

  • Total Assets: $186,723,469
  • Total Liabilities: $116,131,285
  • Net Assets: $70,592,184

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

ELECTRIC REVENUE

Revenue

$25,157,937

PATRONAGE CAPITAL CREDITS

Revenue

$883,125

POLE RENTALS

Revenue

$179,590

Organization Details

Founding Year

1941

Principal Officer

Darron Scott

NTEE Category

Code: W80 - Public benefit

If you are a representative of Kodiak Electric Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.