Unalakleet Valley Electric Cooperative

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

EIN: 920075153 ✦ Unalakleet, AK ✦ Designated as a 501(c)(12)

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Overview

What is Unalakleet Valley Electric Cooperative?

Unalakleet Valley Electric Cooperative is a nonprofit organization situated in Unalakleet, Alaska. Their primary mission is to ensure the provision of reliable, safe, and affordable electricity to the local community. This vital service is delivered through a dedicated workforce of eight individuals, who strive to meet the energy needs of the town's residents. Their operations are governed by a clear and consistent mission statement, reflecting their commitment to maintaining a stable and affordable energy supply.

Is Unalakleet Valley Electric Cooperative legitimate?

Unalakleet Valley Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Unalakleet Valley Electric Cooperative 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: $109,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Unalakleet Valley Electric Cooperative?

The Unalakleet Valley Electric Cooperative is committed to providing its community with reliable, safe, and affordable electricity. This mission is at the core of their operations, ensuring that residents in the area have uninterrupted power supply for their daily needs. The cooperative strives to maintain high safety standards in the delivery of electricity, prioritizing the well-being of its customers. Additionally, they aim to keep electricity costs reasonable, recognizing the importance of affordability for their customers.

Who is the CEO of Unalakleet Valley Electric Cooperative?

Wesley Jones is the President of Unalakleet Valley Electric Cooperative.

What is the revenue of Unalakleet Valley Electric Cooperative?

Unalakleet Valley Electric Cooperative's revenue in 2022 was $1,777,608.

Who are the executives of Unalakleet Valley Electric Cooperative and what are their salaries?

The average compensation at Unalakleet Valley Electric Cooperative during 2022 was $13,665. There are 8 employees and 7 volunteers at Unalakleet Valley Electric Cooperative.


Here are 8 key members and their salaries:


Wesley Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaiah Towarak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Charles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Eckenweiler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Roesch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Commack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reese Huhta (General Manager)
  • Compensation: $104,111
  • Related: $0
  • Other: $5,206
Where can I find the form 990 for Unalakleet Valley Electric Cooperative?

Unalakleet Valley Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Unalakleet Valley Electric Cooperative

Unalakleet Valley Electric Cooperative, as a mission-driven organization, is committed to providing reliable, safe, and affordable electricity to its community members. This nonprofit's primary goal is to ensure that the residents of Unalakleet have access to consistent and secure electrical services at reasonable prices. By doing so, Unalakleet Valley Electric Cooperative aims to contribute to the well-being and comfort of its community, ensuring that essential electrical needs are met. The cooperative's dedication to reliability, safety, and affordability underscores its commitment to serving its community effectively and responsibly.

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Impact




October, 2024

Unalakleet Valley Electric Cooperative significantly impacts the community of Unalakleet by ensuring the availability of reliable, safe, and affordable electricity for its residents. This essential service plays a critical role in daily life, supporting everything from basic household needs to local businesses. By maintaining a stable power supply, the cooperative enhances the quality of life in the region, fosters economic development, and encourages community growth. Its commitment to providing energy also contributes to the overall safety and well-being of the residents, making it a vital part of the Unalakleet community.




This information is meant to be a general summary of Unalakleet Valley Electric Cooperative. 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
$1,777,608 (2022)
Expenses
$1,929,824 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $143
  • Program Service Revenue: $1,777,465
  • Gross Receipts: $1,777,608

Assets and Liabilities:

  • Total Assets: $3,632,542
  • Total Liabilities: $906,007
  • Net Assets: $2,726,535

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Programs

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

SERVICE REVENUE

Revenue

$1,767,504

OTHER REVENUE

Revenue

$9,961

Organization Details

Founding Year

1961

Principal Officer

Wesley Jones

Main Address

PO BOX 186, UNALAKLEET, AK, 99684

NTEE Category

Code: W80 - Public benefit

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