2024-11-11T11:05:39-06:00 2023-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2023-01-01 920177246 NUSHAGAK ELECTRIC & TELEPHONE COOPERATIVE INC NUSH 9078425251 PO BOX 350 DILLINGHAM AK 99576 WILLIAM CHANEY CEO 9078425251 2024-11-08 1 1 RYAN M JOHNSON CPA P01048788 5035857774 2024-11-08 2023 2024-10-15 13:58:12Z WILLIAM CHANEY PO BOX 350 DILLINGHAM AK 99576 15645690 0 X WWW.NUSHTEL.COM X 2002 AK UTILITY SERVICE COOPERATIVE 9 9 28 0 346180 25802 52300 0 14828719 14971009 461937 328501 406752 346180 15749708 15645690 24500 20000 33699 21131 1358608 1219331 0 0 0 12619335 13661577 14036142 14922039 1713566 723651 48364843 49441864 26525148 26877305 21839695 22564559 TO MEET THE UTILITY NEEDS IN RURAL ALASKA 0 0 COOPERATIVE PROVIDES ELECTRIC, TELECOMMUNICATIONS, CABLE TELEVISION, AND INTERNET SERVICES WITHIN AND AROUND THE DILLINGHAM, ALASKA AREA TO ITS MEMBERS. AS OF 12/31/23 THERE WERE 1,471 ELECTRIC SERVICES AND 1,034 TELEPHONE ACCESS LINES IN SERVICE. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 28 1 1 1 0 0 0 0 12230446 802262 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 1 0 X NUSHAGAK ELECTRIC & TELEPHONE COOPERATIVE INC 9078425251 PO BOX 350 DILLINGHAM AK 99576 PETER ANDREW PRESIDENT 2.00 X X 1700 0 0 HENRY STRUB VICE-PRESIDENT 2.00 X X 700 0 0 WANDA WAHL TREASURER 1.00 X X 0 0 0 ANNIE FRITZE SECRETARY 2.00 X X 0 0 0 JAMES HALL DIRECTOR 1.00 X 0 0 0 BRUCE BALTAR DIRECTOR 1.00 X 600 0 0 SUSAN FLENSBURG DIRECTOR 1.00 X 1300 0 0 JEAN BARRETT DIRECTOR 1.00 X 700 0 0 MARK LISAC DIRECTOR 1.00 X 1900 0 0 WILLIAM CHANEY CHIEF EXECUTIVE OFFICER 40.00 X 150635 0 98075 JAMES DENSLINGER POWERPLANT SUPERINTENDENT 40.00 X 121275 0 81692 ANGELITA VENUA COMPTROLLER 40.00 X 128048 0 54379 JOHN GLEASON POWERPLANT OPERATOR/MECHANIC 40.00 X 107089 0 75005 ANGELA THAMES BUSINESS OFFICE MANAGER 40.00 X 125827 0 84307 BERNARDO VENUA POWERPLANT TECHNICIAN 40.00 X 108685 0 77413 748459 0 470871 5 0 1 0 MCMILLEN LLC 1471 SHORELINE DR STE 100 BOISE ID 83702 PROFESSIONAL SERVICES 2305297 ALASKA DIRECTIONAL 200 E COMMERCIAL DR PALMER AK 99645 PROFESSIONAL SERVICES FOR FIBRE PROJECT 1217342 TEMPTEL INC 6404 IVY LANE SUITE 700 GREENBELT MD 20770 PROFESSIONAL SERVICES FOR RECONNECT DILL 504647 ALYESKA INFORMATION TECHNOLOGY SERVICES 5 HONS LN MILVILLE PA 17846 PROFESSIONAL SERVICES 490009 NC MACHINERY P O BOX 58201 TUKWILA WA 981381201 PROFESSIONAL SERVICES FOR GENERATOR OVER 379467 5 ELECTRIC & TELECOMMUNICATIONS SER 221000 14902251 14902251 NON-REGULATED COMMUNICATIONS REVE 517000 68758 68758 14971009 328501 328501 FUEL TANK STORAGE 812900 343668 343668 DIRECTORY ADVERTISING 541800 2512 2512 346180 15645690 14971009 346180 328501 X 20000 21131 255610 963721 712246 1964247 UNRELATED BUS INCOME TA 5418 ELECTRIC POWER PRODUCTI 6419317 TELCO PLANT SPECIFIC 1351156 CABLE AND INTERNET 1027622 2181571 14922039 1300 1300 2822404 1886037 1732463 2555654 6068252 5029187 50406 77428 73386617 36029970 35181599 37356647 2508419 2535611 48364843 49441864 4742701 5990616 21026638 20203980 755809 682709 26525148 26877305 X 0 0 21734746 22458394 104949 106165 21839695 22564559 48364843 49441864 X 723651 1213 X 0 1 X 0 1 1 359241 359241 1001345 841301 160044 61639056 35188669 26450387 10386975 10386975 37356647 OPERATING LEASE RIGHT OF USE ASSETS 247335 C DEFERRED DEBITS 585891 C OTHER INVESTMENTS 1702385 C 2535611 CONSUMER DEPOSITS 189834 UNEARNED REVENUE 492875 682709 X 15645690 0 15645690 0 15645690 14900908 0 14900908 21131 21131 14922039 PART X, LINE 2: THE COOPERATIVE FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFITS PAID TO MEMBERS AND SCHOLARSHIPS 21,131. 1 HIGHER EDUCATION SCHOLARSHIPS 20 20000 SCH I, PART III PROOF OF SCHOOL ENROLLMENT MUST BE SUBMITTED TO NUSHAGAK COOPERATIVE PRIOR TO AWARD DISBURSEMENT. SCHOLARSHIP FUNDS WILL BE APPLIED DIRECTLY TOWARD SCHOOL-RELATED COSTS (TRAVEL AND HOUSING EXCLUDED). DISBURSEMENT OF AWARDS WILL BE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION UPON RECEIPT OF VERIFICATION OF ENROLLMENT. IN THE EVENT THE SCHOLARSHIP FUNDS ARE NOT AWARDED/CLAIMED WITHIN ONE YEAR FROM THE AWARD DATE, FUNDS WILL BE RETAINED FOR FUTURE SCHOLARSHIP CONSIDERATION. X X 0 0 0 WILLIAM CHANEY CHIEF EXECUTIVE OFFICER 140000 0 0 0 10635 0 60004 0 38071 0 248710 0 0 0 ANGELA THAMES BUSINESS OFFICE MANAGER 123526 0 0 0 2301 0 50898 0 33409 0 210134 0 0 0 JAMES DENSLINGER POWERPLANT SUPERINTENDENT 112653 0 0 0 8622 0 48283 0 33409 0 202967 0 0 0 BERNARDO VENUA POWERPLANT TECHNICIAN 105749 0 0 0 2936 0 44004 0 33409 0 186098 0 0 0 ANGELITA VENUA COMPTROLLER 126875 0 0 0 1173 0 54379 0 0 0 182427 0 0 0 JOHN GLEASON POWERPLANT OPERATOR/MECHANIC 86175 0 0 0 20914 0 36934 0 38071 0 182094 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NETC IS A UTILITY COOPERATIVE SERVING OUR MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A OUR MEMBERS ELECT THE MEMBERS OF OUR GOVERNING BODY DURING OUR ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY SIGNIFICANT BYLAW CHANGES MUST BE APPROVED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, COMPTROLLER AND THE BOARD REPRESENTATIVE REVIEW THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15B PERIODICALLY, SURVEYS OF WAGES AND BENEFITS ARE OBTAINED FROM NRECA AND USED TO EVALUATE EMPLOYEE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN WRITING AND THROUGH OUR WEBSITE. FORM 990, PART IX, LINE 24E ADMINISTRATIVE & GENERAL 796,757. CUSTOMER SERVICE 565,307. TELCO PLANT NON-SPECIFIC 424,779. ELECTRIC DISTRIBUTION 312,615. OPERATING TAXES 77,848. NON-REGULATED EXPENSES 4,265. FORM 990, PART XI, LINE 9: RECLAIMED PATRONAGE & EARLY RETIREMENT 1,213.