Kodiak Electric Association Inc

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

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

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

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $836,984
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 President/Ceo of Kodiak Electric Association Inc. The CEO's salary of Kodiak Electric Association Inc is $333,107 and their total compensation is $482,928.


Official website here: www.kodiakelectric.com

What is the revenue of Kodiak Electric Association Inc?

Kodiak Electric Association Inc's revenue in 2022 was $26,839,890.


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 2022 was $22,621. There are 37 employees at Kodiak Electric Association Inc.

Here are 17 key members and their salaries (Kodiak Electric Association Inc's CEO's salary is $333,107 and their total compensation is $482,928):

    Darron Scott (President/Ceo)
  • Compensation: $333,107
  • Related: $0
  • Other: $149,821

    • Lloyd Shanley (Power Generation Manager)
  • Compensation: $225,738
  • Related: $0
  • Other: $94,240

    • Daniel Menth (Manager Of Finance & Admin.)
  • Compensation: $198,619
  • Related: $0
  • Other: $83,876

    • Dustin Egdorf (Operations Manager)
  • Compensation: $189,064
  • Related: $0
  • Other: $82,564

    • Aaron Ellison (Power Generation Technician)
  • Compensation: $159,144
  • Related: $0
  • Other: $50,851

    • Shane Lotzer (Line Foreman)
  • Compensation: $159,157
  • Related: $0
  • Other: $49,624

    • Joshua Olson (Line Foreman)
  • Compensation: $158,811
  • Related: $0
  • Other: $49,551

    • Ron Acarregui (Vice-Chairman) [Trustee/Director]
  • Compensation: $12,480
  • Related: $0
  • Other: $0

    • Benjamin Millstein (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Michael Brechan (Chairman) [Trustee/Director]
  • Compensation: $10,400
  • Related: $0
  • Other: $0

    • Tyler Kornelis (Director)
  • Compensation: $9,040
  • Related: $0
  • Other: $0

    • Stosh Anderson (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $8,320
  • Related: $0
  • Other: $0

    • Linda Freed (Director)
  • Compensation: $7,840
  • Related: $0
  • Other: $0

    • Megan Kelly (Director)
  • Compensation: $4,680
  • Related: $0
  • Other: $0

    • Cliff Davidson (Director)
  • Compensation: $4,200
  • Related: $0
  • Other: $0

    • Jay Johnston (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Matthew 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?

    The Kodiak Electric Association Inc’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Kodiak Electric Association Inc's impact is significant in providing essential electricity services to approximately 6,000 meters in Kodiak, Alaska. As a rural electric cooperative, the organization plays a crucial role in generating, transmitting, distributing, and selling electricity to its community. By ensuring safe and reliable energy delivery, Kodiak Electric Association Inc enhances the quality of life for its members and the broader community. This contribution is crucial for the functioning and development of the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $46,232
  • Program Service Revenue: $26,720,158
  • Gross Receipts: $26,839,890

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

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

    ELECTRIC REVENUE

    Revenue

    $25,609,196

    PATRONAGE CAPITAL CREDITS

    Revenue

    $931,372

    POLE RENTALS

    Revenue

    $179,590

    Organization Details

    Founding Year

    1941

    Principal Officer

    Darron Scott

    Main Address

    PO Box 787, Kodiak, AK, 996150787

    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.