2025-09-08T18:41:17-05:00 2024-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2024-01-01 920177246 NUSHAGAK ELECTRIC & TELEPHONE COOPERATIVE INC NUSH 9078425251 PO BOX 350 DILLINGHAM AK 99576 WILLIAM CHANEY CEO 9078425251 2025-09-08 1 1 RYAN M JOHNSON CPA P01048788 5035857774 2025-09-08 2024 2025-03-06 01:10:19Z WILLIAM CHANEY PO BOX 350 DILLINGHAM AK 99576 13797423 0 X WWW.NUSHTEL.COM X 2002 AK UTILITY SERVICE COOPERATIVE 9 9 26 0 346266 1548 0 0 14971009 13281923 328501 165558 346180 346266 15645690 13793747 20000 20000 21131 17604 1219331 1265993 0 0 0 13661577 13425864 14922039 14729461 723651 -935714 49441864 48452974 26877305 26820481 22564559 21632493 X TO MEET THE UTILITY NEEDS IN RURAL ALASKA 0 1 COOPERATIVE PROVIDES ELECTRIC, TELECOMMUNICATIONS, AND INTERNET SERVICES WITHIN AND AROUND THE DILLINGHAM, ALASKA AREA TO ITS MEMBERS. AS OF 12/31/24 THERE WERE 1,482 ELECTRIC SERVICES AND 957 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 26 0 26 1 1 1 0 0 0 0 10804738 640200 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 1400 0 0 HENRY STRUB VICE-PRESIDENT 2.00 X X 0 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 0 0 0 SUSAN FLENSBURG DIRECTOR 1.00 X 800 0 0 JEAN BARRETT DIRECTOR 1.00 X 0 0 0 MARK LISAC DIRECTOR 1.00 X 0 0 0 WILLIAM CHANEY CHIEF EXECUTIVE OFFICER 40.00 X 146757 0 98860 JAMES DENSLINGER POWERPLANT SUPERINTENDENT 40.00 X 141625 0 82671 ANGELA THAMES BUSINESS OFFICE MANAGER 40.00 X 132126 0 85312 DENNIS PAYNE TELEPHONE OPERATIONS MANAGER 40.00 X 126175 0 68897 JOHN GLEASON POWERPLANT OPERATOR 40.00 X 116470 0 75559 ANGELA LOPEZ HR/EXECUTIVE SECRETARY 40.00 X 110181 0 79160 775534 0 490459 9 0 1 0 ALASKA DIRECTIONAL 200 E COMMERCIAL DR PALMER AK 99645 PROFESSIONAL SERVICES FOR FIBRE PROJECT 16382262 MCMILLEN LLC 1471 SHORELINE DR STE 100 BOISE ID 83702 PROFESSIONAL SERVICES 2994446 MERIDAIN PO BOX 111207 ANCHORAGE AK 99511 PROFESSIONAL SERVICES 580152 TEMPTEL INC 6404 IVY LANE SUITE 700 GREENBELT MD 20770 PROFESSIONAL SERVICES FOR RECONNECT DILL 396575 NC MACHINERY PO BOX 58201 TUKWILA WA 981381201 PROFESSIONAL SERVICES FOR GENERATOR OVER 376917 9 ELECTRIC & TELECOMMUNICATIONS SER 221000 13211143 13211143 NON-REGULATED COMMUNICATIONS REVE 517000 70780 70780 13281923 169234 169234 3676 -3676 -3676 -3676 FUEL TANK STORAGE 812900 343997 343997 DIRECTORY ADVERTISING 541800 2269 2269 346266 13793747 13278247 346266 169234 X 20000 17604 247817 1018176 700589 1775905 UNRELATED BUS INCOME TA 325 ELECTRIC POWER PRODUCTI 5920105 TELCO PLANT SPECIFIC 1338962 ADMINISTRATIVE & GENERA 991742 2698236 14729461 1300 1300 1886037 1839705 2555654 1598713 5029187 4178150 77428 49777 75728198 37876039 37356647 37852159 2535611 2933170 49441864 48452974 5990616 6308069 20203980 20010705 682709 501707 26877305 26820481 X 0 0 22458394 21522680 106165 109813 22564559 21632493 49441864 48452974 X -935714 3648 X 0 1 X 0 1 1 359241 359241 4403717 881455 3522262 62414600 36994584 25420016 8550640 8550640 37852159 OPERATING LEASE RIGHT OF USE ASSETS 597802 C DEFERRED DEBITS 497346 C OTHER INVESTMENTS 1838022 C 2933170 CONSUMER DEPOSITS 154653 UNEARNED REVENUE 347054 501707 X 13793747 0 13793747 0 13793747 14711857 0 14711857 17604 17604 14729461 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 17,604. 1 HIGHER EDUCATION SCHOLARSHIPS 17 19000 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 6757 0 60606 0 38254 0 245617 0 0 0 JAMES DENSLINGER POWERPLANT SUPERINTENDENT 116033 0 0 0 25592 0 48768 0 33903 0 224296 0 0 0 ANGELA THAMES BUSINESS OFFICE MANAGER 127232 0 0 0 4894 0 51409 0 33903 0 217438 0 0 0 DENNIS PAYNE TELEPHONE OPERATIONS MANAGER 124890 0 0 0 1285 0 34994 0 33903 0 195072 0 0 0 JOHN GLEASON POWERPLANT OPERATOR 96886 0 0 0 19584 0 37305 0 38254 0 192029 0 0 0 ANGELA LOPEZ HR/EXECUTIVE SECRETARY 110136 0 0 0 45 0 40906 0 38254 0 189341 0 0 0 FORM 990, PART III, LINE 3 NETC DISCOUNTINUED CABLE TELEVISION SERVICES IN 2024. 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 CABLE AND INTERNET 862,726. TELCO PLANT NON-SPECIFIC 673,144. CUSTOMER SERVICE 569,205. ELECTRIC DISTRIBUTION 507,895. OPERATING TAXES 54,277. NON-REGULATED EXPENSES 30,989. FORM 990, PART XI, LINE 9: RECLAIMED PATRONAGE & EARLY RETIREMENT 3,648.