Chugach Electric Association Inc

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

EIN: 920014224 ✦ Anchorage, AK ✦ Designated as a 501(c)(12)

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Overview

What is Chugach Electric Association Inc?

The Chugach Electric Association, a non-profit organization situated in Anchorage, Alaska, specializes in the generation, transmission, and distribution of electricity to both retail and wholesale customers. With a commitment to serving approximately 84,327 retail service locations, Chugach Electric Association not only ensures reliable power to households and businesses but also contributes to the larger electric grid by transmitting electricity to other utility companies.


Official website here: www.chugachelectric.com

Is Chugach Electric Association Inc legitimate?

Chugach Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Chugach 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: $3,098,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chugachelectric.com

What is the mission statement of Chugach Electric Association Inc?

The Chugach Electric Association is a non-profit organization dedicated to delivering electricity to its customers. Based in Anchorage, it manages the generation, transmission, and distribution of power to retail and wholesale consumers. The association serves approximately 84,327 retail locations, ensuring a consistent power supply. Its mission goes beyond just electricity, as it also provides essential transmission and distribution services.


Official website here: www.chugachelectric.com

Who is the CEO of Chugach Electric Association Inc?

Arthur W Miller is the Director of Chugach Electric Association Inc. The CEO's salary of Chugach Electric Association Inc is $398,731 and their total compensation is $412,669.


Official website here: www.chugachelectric.com

What is the revenue of Chugach Electric Association Inc?

Chugach Electric Association Inc's revenue in 2022 was $355,155,073.


Official website here: www.chugachelectric.com

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

The average compensation at Chugach Electric Association Inc during 2022 was $5,924. There are 523 employees and 22 volunteers at Chugach Electric Association Inc.


Here are 21 key members and their salaries (Chugach Electric Association Inc's CEO's salary is $398,731 and their total compensation is $412,669):


Bettina Chastain (Director)
  • Compensation: $21,500
  • Related: $0
  • Other: $0
Erin Whitney Witmer (Director)
  • Compensation: $15,900
  • Related: $0
  • Other: $0
Harold Hollis (Director)
  • Compensation: $20,650
  • Related: $0
  • Other: $0
James Henderson (Director)
  • Compensation: $9,850
  • Related: $0
  • Other: $0
Mark Wiggin (Director)
  • Compensation: $23,250
  • Related: $0
  • Other: $0
Rachel Morse (Director)
  • Compensation: $18,800
  • Related: $0
  • Other: $0
Samuel Cason (Director)
  • Compensation: $18,950
  • Related: $0
  • Other: $0
Stanislava Cooper (Director)
  • Compensation: $6,400
  • Related: $0
  • Other: $0
Arthur Miller (Chief Executive Officer)
  • Compensation: $418,612
  • Related: $0
  • Other: $188,503
Sherri Highers (Chief Financial Officer)
  • Compensation: $295,573
  • Related: $0
  • Other: $230,046
Andrew Laughlin (Executive Vp)
  • Compensation: $233,274
  • Related: $0
  • Other: $112,391
Matthew Clarkson (Executive Vp)
  • Compensation: $317,814
  • Related: $0
  • Other: $88,115
Michael Bullard (Substation Foreman 5%)
  • Compensation: $256,557
  • Related: $0
  • Other: $90,246
Sheldon Naslund (Journeyman Lineman)
  • Compensation: $314,880
  • Related: $0
  • Other: $83,592
Jeffrey Gilbert Sr (Substation Lineman 5%)
  • Compensation: $268,612
  • Related: $0
  • Other: $104,669
Vladimir Krivonosov (Sr. Designer)
  • Compensation: $266,825
  • Related: $0
  • Other: $65,293
Jonathan Skinner (Sr. Power Dispatcher)
  • Compensation: $256,913
  • Related: $0
  • Other: $68,035
Lee D Thibert (Chief Executive Officer)
  • Compensation: $398,731
  • Related: $0
  • Other: $13,938
Brian Hickey (Chief Operating Officer)
  • Compensation: $183,969
  • Related: $0
  • Other: $135,471
Tyler Andrews (Executive Vp)
  • Compensation: $278,747
  • Related: $0
  • Other: $11,914
Mark Fouts (Executive Vp)
  • Compensation: $152,593
  • Related: $0
  • Other: $19,059


Official website here: www.chugachelectric.com

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

Chugach Electric Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chugachelectric.com

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

Mission Statement of Chugach Electric Association Inc

The Chugach Electric Association, a non-profit electric utility based in Alaska, is dedicated to delivering electricity to both retail and wholesale customers. This organization plays a significant role in the generation, transmission, and distribution of electrical power. With a mission to serve, Chugach Electric Association provides essential energy services to approximately 84,327 retail locations.

Beyond the provision of electricity, the Chugach Electric Association is an active contributor to its community. Its commitment extends beyond individual homes and businesses, as it also offers transmission and distribution services to various wholesale customers. Through these various services, the Chugach Electric Association ensures the consistent flow of electricity, powering homes, businesses, and industries alike.

In summary, the Chugach Electric Association is a vital force in the energy sector. Its mission in the third person can be described as a non-profit entity devoted to generating, transmitting, and distributing electricity to retail and wholesale customers. By ensuring a stable electrical grid, Chugach Electric Association enables the daily operations of numerous households and businesses, contributing to the overall well-being and progress of the community it serves.

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Impact




October, 2024

Chugach Electric Association Inc. plays a vital role in Anchorage, Alaska, by providing reliable electricity to a significant number of retail customers. It supports the local economy through the generation, transmission, and distribution of electricity, ensuring that homes and businesses have the power they need to operate effectively. Serving approximately 84,327 retail service locations, Chugach Electric also contributes to the region's energy infrastructure by offering wholesale electricity services.

In addition to its essential utility services, Chugach Electric is focused on ensuring the sustainability of energy resources for its community, aligning with broader public benefit goals. By addressing both retail and wholesale electricity needs, it fosters economic development, enhances the quality of life for residents, and promotes energy efficiency and innovation. Chugach Electric's impact extends beyond electricity provision; it plays a significant role in shaping a reliable and sustainable energy future for Anchorage and its surrounding areas.




This information is meant to be a general summary of Chugach 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
$355,155,073 (2022)
Expenses
$355,118,164 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $680,606
  • Program Service Revenue: $354,441,078
  • Gross Receipts: $355,354,050

Assets and Liabilities:

  • Total Assets: $1,767,579,590
  • Total Liabilities: $1,555,244,114
  • Net Assets: $212,335,476

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Programs

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

ELECTRIC REVENUE

Revenue

$353,716,869

MICROWAVE SERVICES

Revenue

$372,541

POLE RENTAL

Revenue

$300,748

MEMBERSHIP DUES

Revenue

$36,909

CAPITAL CREDITS

Revenue

$1,245

Organization Details

Founding Year

1948

Principal Officer

Arthur W Miller

Main Address

PO BOX 196300, ANCHORAGE, AK, 995196300

NTEE Category

Code: W80 - Public benefit

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