Overview
What is Homer Electric Association Inc?
Homer Electric Association Inc, based in Homer, Alaska, is a cooperative organization with a mission to provide electrical services to its members. With a workforce of 167 employees, they ensure the safe and reliable delivery of electricity to their community through exceptional customer service and innovative energy solutions. In 2022, they provided a total of 456.7 million kilowatt-hours of electricity to 33,426 consumers, staying committed to their cooperative requirements.
Official website here: www.homerelectric.com
What are the reviews and ratings of this charity?
Homer Electric Association Inc is not currently rated by Charity Navigator. This absence of a rating results from the organization not being a 501(c)(3) IRS registered nonprofit, which makes it ineligible for evaluation under the Accountability & Finance or Impact & Measurement methodologies. The lack of a Charity Navigator rating should not be viewed as inherently positive or negative but rather a reflection of its current evaluation policy.
As an independent organization, Homer Electric Association Inc does not have detailed financial data or salary information available through Charity Navigator due to its non-501(c)(3) status. This limits the capacity to assess its financial transparency and accountability as typically provided for registered nonprofits. However, the organization's data is accessible through IRS Forms 990, which can offer insights into its operations.
Without a rating from Charity Navigator, it's essential for interested parties to seek information directly from the organization's available IRS filings or other reliable sources. No user reviews are found on GreatNonprofits, meaning there is currently no community feedback available to provide additional insight into the organization's impact or performance.
This AI summary has been generated from information found on Charity Navigator.
Is Homer Electric Association Inc legitimate?
Homer Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Homer 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: $920,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.homerelectric.com
What is the mission statement of Homer Electric Association Inc?
Homer Electric Association Inc is dedicated to delivering safe and reliable electricity to its members and the community. Through exceptional customer service and innovative energy solutions, the cooperative aims to provide electricity at fair and reasonable prices. Homer Electric Association supplied a total of 456,724,486 kilowatt-hours to 33,426 consumers in 2022. The organization adheres to cooperative requirements and prioritizes the well-being of its members.
Official website here: www.homerelectric.com
Who is the CEO of Homer Electric Association Inc?
Bradley P Janorschke is the General Manager of Homer Electric Association Inc.
Official website here: www.homerelectric.com
What is the revenue of Homer Electric Association Inc?
Homer Electric Association Inc's revenue in 2022 was $105,957,011.
Official website here: www.homerelectric.com
Who are the executives of Homer Electric Association Inc and what are their salaries?
The average compensation at Homer Electric Association Inc during 2022 was $5,511. There are 167 employees at Homer Electric Association Inc.
Here are 19 key members and their salaries:
- Compensation: $379,984
- Related: $0
- Other: $174,216
- Compensation: $240,247
- Related: $0
- Other: $143,908
- Compensation: $234,272
- Related: $0
- Other: $141,285
- Compensation: $237,640
- Related: $0
- Other: $135,831
- Compensation: $203,406
- Related: $0
- Other: $127,877
- Compensation: $218,737
- Related: $0
- Other: $103,338
- Compensation: $211,775
- Related: $0
- Other: $85,646
- Compensation: $205,575
- Related: $0
- Other: $75,196
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $4,150
- Related: $0
- Other: $0
- Compensation: $3,850
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $2,750
- Related: $0
- Other: $0
- Compensation: $1,850
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.homerelectric.com
Where can I find the form 990 for Homer Electric Association Inc?
Homer Electric Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homerelectric.com
Learn more at the official website: www.homerelectric.com
Mission Statement of Homer Electric Association Inc
Homer Electric Association Inc, a cooperative organization, is committed to safely delivering reliable electricity to its members and the community through exceptional customer service and innovative energy solutions. The association strives to provide these essential services at fair and reasonable prices.
Homer Electric Association Inc's mission is driven by its dedication to ensuring a consistent power supply for its consumers. By adhering to cooperative requirements, the association operates in a way that prioritizes the needs and satisfaction of its members. During the year 2022, the association was successful in providing an impressive 456,724,486 kilowatt-hours (kwHs) of electricity to 33,426 consumers.
The Homer Electric Association Inc team goes above and beyond to maintain a high level of electrical service. Their unwavering commitment to excellence is reflected in their efforts to continuously explore and implement innovative energy solutions for their members. The association's focus on superior customer service ensures that every member is well-informed and their concerns are addressed in a timely and efficient manner. This dedication to both reliability and customer satisfaction sets Homer Electric Association Inc apart as a trusted and essential service provider within its community.
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Impact
October, 2024
Homer Electric Association Inc significantly impacts its community by providing reliable electrical services to thousands of residents and businesses in the Homer, Alaska area. In 2022, the association delivered over 456 million kilowatt-hours of electricity to 33,426 consumers, demonstrating its capacity to meet the energy needs of the community efficiently.
The association prioritizes safety and reliability in its operations, ensuring that members have access to consistent power while emphasizing superior customer service. By adhering to cooperative principles, Homer Electric Association fosters a sense of community ownership, allowing members to participate in decisions that affect their energy services. Additionally, the organization focuses on innovative energy solutions, contributing to sustainable practices and fair pricing, which ultimately enhances the quality of life for residents and supports local economic growth.
This information is meant to be a general summary of Homer 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $192,705
- Program Service Revenue: $105,485,664
- Gross Receipts: $105,957,011
Assets and Liabilities:
- Total Assets: $267,608,771
- Total Liabilities: $145,737,744
- Net Assets: $121,871,027
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICAL SERVICE REVENUE
Revenue
$104,911,118
CAPITAL CREDITS ALLOCATION
Revenue
$574,546
Organization Details
Founding Year
1946
Phone
(907) 235-8551Principal Officer
Bradley P Janorschke
Main Address
3977 Lake Street, Homer, AK, 996037680
Website
www.homerelectric.comNTEE Category
Code: W80 - Public benefit
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