Overview
What is Naknek Electric Association Inc?
Naknek Electric Association Inc is a nonprofit organization based in Naknek, Alaska. Their primary mission is to generate and sell electrical energy to the communities of Naknek, South Naknek, and King Salmon. As of December 31, 2022, they had 1,044 electric lines in service. The association employs a team of 26 individuals to carry out this essential function. Their work contributes significantly to the powering of these Alaskan communities.
Official website here: www.naknekelectric.com
What are the reviews and ratings of this charity?
Naknek Electric Association Inc is currently not rated by Charity Navigator. This lack of rating is due to the organization's status as not being registered as a 501(c)(3) nonprofit, which disqualifies it from evaluation under Charity Navigator's methodologies. As a result, the absence of a rating neither suggests a positive nor negative stance; it simply indicates non-assessment due to classification.
The absence of financial data, such as total revenue and expenses, further limits the assessment of Naknek Electric Association Inc's operational transparency and efficiency. Since it is not a 501(c)(3) organization, this nonprofit's data is not available for Charity Navigator's typical Accountability & Finance evaluations, which are normally reflected in their historic ratings.
Given the lack of user reviews on GreatNonprofits, there is no community feedback to offer insight into the experiences of those directly engaged with Naknek Electric Association Inc. This limits the external perspectives available to gauge the organization's impact or community significance.
This AI summary has been generated from information found on Charity Navigator.
Is Naknek Electric Association Inc legitimate?
Naknek Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Naknek 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: $218,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.naknekelectric.com
What is the mission statement of Naknek Electric Association Inc?
Naknek Electric Association Inc focuses on generating and selling electrical energy to communities in need. Specifically, they provide this service to the communities of Naknek, South Naknek, and King Salmon. At the end of 2022, they maintained 1,044 electric lines in service to ensure a reliable energy supply. Their mission is centered on bringing electricity to these communities, enhancing their quality of life and supporting local development. By generating and selling electrical energy, Naknek Electric Association Inc plays a crucial role in powering essential infrastructure and businesses within the served areas. Their commitment extends beyond just energy production, as they strive to ensure a consistent and efficient power supply, enabling the communities they serve to thrive.
Official website here: www.naknekelectric.com
Who is the CEO of Naknek Electric Association Inc?
Mark Huber is the President of Naknek Electric Association Inc.
Official website here: www.naknekelectric.com
What is the revenue of Naknek Electric Association Inc?
Naknek Electric Association Inc's revenue in 2022 was $12,949,477.
Official website here: www.naknekelectric.com
Who are the executives of Naknek Electric Association Inc and what are their salaries?
The average compensation at Naknek Electric Association Inc during 2022 was $8,389. There are 26 employees at Naknek Electric Association Inc.
Here are 15 key members and their salaries:
- Compensation: $900
- Related: $0
- Other: $457
- Compensation: $900
- Related: $0
- Other: $457
- Compensation: $900
- Related: $0
- Other: $457
- Compensation: $300
- Related: $0
- Other: $457
- Compensation: $525
- Related: $0
- Other: $114
- Compensation: $1,275
- Related: $0
- Other: $457
- Compensation: $825
- Related: $0
- Other: $457
- Compensation: $375
- Related: $0
- Other: $343
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $158,136
- Related: $0
- Other: $50,786
- Compensation: $141,228
- Related: $0
- Other: $46,055
- Compensation: $108,298
- Related: $0
- Other: $45,150
- Compensation: $114,615
- Related: $0
- Other: $43,334
- Compensation: $103,824
- Related: $0
- Other: $44,999
- Compensation: $122,715
- Related: $0
- Other: $45,669
Official website here: www.naknekelectric.com
Where can I find the form 990 for Naknek Electric Association Inc?
Naknek Electric Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naknekelectric.com
Learn more at the official website: www.naknekelectric.com
Mission Statement of Naknek Electric Association Inc
Naknek Electric Association Inc, a key player in the generation and sale of electrical energy, serves the communities of Naknek, South Naknek, and King Salmon in Alaska. Dedicated to providing essential power to these areas, the organization's mission is geared towards meeting the energy needs of the residents.
With a focus on its core function, Naknek Electric Association Inc works diligently to ensure a consistent electricity supply for the communities it serves. At the end of 2022, this commitment was reflected in the 1,044 electric lines that remained in service, demonstrating the organization's success in fulfilling its mission. By delivering reliable electrical energy, Naknek Electric Association Inc enhances the overall quality of life for the residents, allowing them to carry out their daily activities with ease.
Naknek Electric Association Inc's vital role in the communities it serves extends beyond the mere provision of electrical energy. As a responsible organization, it strives to maintain and upgrade its infrastructure to ensure the continued delivery of high-quality power. By doing so, it remains steadfast in its commitment to the people it serves and the region's development.
In summary, Naknek Electric Association Inc makes a significant impact on the lives of the people in Naknek, South Naknek, and King Salmon, Alaska. Through its unwavering dedication to generating and selling electrical energy, it empowers communities and contributes to their overall well-being.
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Impact
October, 2024
Naknek Electric Association Inc has a significant impact on the communities of Naknek, South Naknek, and King Salmon, Alaska, by providing reliable electrical energy essential for residential, commercial, and public services. As of December 31, 2022, the association maintained 1,044 electric lines, ensuring that power is accessible to local residents and businesses.
The generation and sale of electrical energy not only support daily living but also fuel economic activities in the region, making it possible for businesses to operate effectively and for families to enjoy modern amenities. The reliable power supply contributes to community development, enhances the quality of life, and supports various initiatives aimed at improving public welfare. By prioritizing the needs of these communities, Naknek Electric Association Inc plays a crucial role in fostering growth and sustainability in the region.
This information is meant to be a general summary of Naknek 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: $557
- Program Service Revenue: $12,795,992
- Gross Receipts: $12,949,477
Assets and Liabilities:
- Total Assets: $48,731,346
- Total Liabilities: $33,475,865
- Net Assets: $15,255,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUES
Revenue
$12,230,427
OTHER OPERATING REVENUES
Revenue
$565,565
Organization Details
Founding Year
1949
Phone
(907) 246-4261Principal Officer
Mark Huber
Main Address
PO BOX 118, NAKNEK, AK, 99633
Website
www.naknekelectric.comNTEE Category
Code: W80 - Public benefit
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