Kotzebue Electric Association Inc

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

EIN: 920021979 ✦ Kotzebue, AK ✦ Designated as a 501(c)(12)

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Overview

What is Kotzebue Electric Association Inc?

The Kotzebue Electric Association Inc, based in its namesake region, is a nonprofit organization committed to meeting the energy requirements of its members. They extend their services to both local residents and businesses in the Kotzebue area. Beyond supplying energy resources, this association also offers various programs tailored to cater to the needs of the community it serves.


Official website here: www.kea.coop/

Is Kotzebue Electric Association Inc legitimate?

Kotzebue Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kotzebue 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: $301,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,444

For more financial information, click here


Official website here: www.kea.coop/

What is the mission statement of Kotzebue Electric Association Inc?

The Kotzebue Electric Association's mission is to cater to the energy requirements of its members. This organization goes beyond just providing energy resources; it also offers various programs tailored for the residents and businesses in its community. In essence, the Kotzebue Electric Association aims to meet the energy needs of its members effectively and enhance their living standards through its initiatives.


Official website here: www.kea.coop/

Who is the CEO of Kotzebue Electric Association Inc?

Tom Atkinson is the Ceo of Kotzebue Electric Association Inc. The CEO's salary of Kotzebue Electric Association Inc is $170,660 and their total compensation is $258,547.


Official website here: www.kea.coop/

What is the revenue of Kotzebue Electric Association Inc?

Kotzebue Electric Association Inc's revenue in 2022 was $7,774,749.


Official website here: www.kea.coop/

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

The average compensation at Kotzebue Electric Association Inc during 2022 was $31,418. There are 18 employees at Kotzebue Electric Association Inc.


Here are 14 key members and their salaries (Kotzebue Electric Association Inc's CEO's salary is $170,660 and their total compensation is $258,547):


Martin Shroyer (Ceo)
  • Compensation: $170,660
  • Related: $0
  • Other: $87,887
Matthew I Bergan (Engineer)
  • Compensation: $155,823
  • Related: $0
  • Other: $82,891
Johnnie R Jones (Plant Foreman)
  • Compensation: $188,353
  • Related: $0
  • Other: $39,263
Garreth W Howarth (Line Foreman)
  • Compensation: $138,689
  • Related: $0
  • Other: $35,784
Pierre Alan Lonewolf (2Nd Secretary)
  • Compensation: $9,125
  • Related: $0
  • Other: $0
Harold D Lambert (Board President)
  • Compensation: $6,500
  • Related: $0
  • Other: $0
Dominic D Ivanoff (Vice President)
  • Compensation: $5,475
  • Related: $0
  • Other: $0
Harold L Short (Board Member)
  • Compensation: $4,950
  • Related: $0
  • Other: $0
Charles Brett Connor (Board Member)
  • Compensation: $3,675
  • Related: $0
  • Other: $0
Allen Jessup Sr (1St Treasurer)
  • Compensation: $3,525
  • Related: $0
  • Other: $0
Reid Magdanz (2Nd Treasurer)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Lenora Moses (1St Secretary)
  • Compensation: $2,775
  • Related: $0
  • Other: $0
Allen Beaver (Board Member)
  • Compensation: $2,300
  • Related: $0
  • Other: $0
Delores Dood A Carr (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0


Official website here: www.kea.coop/

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

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


Official website here: www.kea.coop/

Learn more at the official website: www.kea.coop/

Mission Statement of Kotzebue Electric Association Inc

Kotzebue Electric Association Inc, as a mission-driven entity, is committed to providing energy resources to its members. This nonprofit organization serves the energy needs of the community in the Kotzebue area, extending beyond just supplying power. To cater to the residents and businesses in its jurisdiction, Kotzebue Electric Association Inc also offers a variety of programs tailored to meet their specific needs.

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Impact




October, 2024

Kotzebue Electric Association Inc plays a crucial role in meeting the energy needs of its members in the Kotzebue area. By providing reliable energy resources, it supports both residents and local businesses, fostering growth and stability within the community. The association’s commitment to serving its members enhances the quality of life in Kotzebue, ensuring that families and businesses have access to essential energy services. Additionally, the programs offered by the association contribute to a more sustainable and efficient use of energy, further benefiting the community as a whole.




This information is meant to be a general summary of Kotzebue 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
$7,774,749 (2022)
Expenses
$7,640,818 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,655
  • Program Service Revenue: $7,670,269
  • Gross Receipts: $7,774,749

Assets and Liabilities:

  • Total Assets: $18,352,022
  • Total Liabilities: $10,698,246
  • Net Assets: $7,653,776

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Programs

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

ELECTRIC SERVICE FEES

Revenue

$7,670,269

Organization Details

Founding Year

1950

Principal Officer

Tom Atkinson

Main Address

PO Box 44, Kotzebue, AK, 99752

NTEE Category

Code: W80 - Public benefit

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