Nonprofit · EIN 86-0176697
ARIZONA ELECTRIC POWER COOPERATIVE INC
Tax-exempt · BENSON, AZ 85602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $189,995,960 | $186,653,939 | $3,342,021 | $770,104,992 | $584,284,737 | $185,820,255 |
| December 31, 2023 | 990 | $229,042,927 | $225,844,400 | $3,198,527 | $607,120,599 | $424,642,866 | $182,477,733 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $154,087,277
- Investment income
- $2,710,317
- Net rental income
- $204,885
- Other revenue
- $33,198,366
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,226,661
- Other salaries and wages
- $25,603,058
- Salaries, compensation and benefits (total)
- $37,564,700
- Professional fundraising fees
- $0
- Legal fees
- $6,527,770
- Travel
- $393,881
- Depreciation
- $23,523,505
Balance sheet and other
- Total assets, start of year
- $607,120,599
- Total assets, end of year
- $770,104,992
- Total liabilities, end of year
- $584,284,737
- Net assets, end of year
- $185,820,255
- Land, buildings and equipment
- $542,967,794
- Gross unrelated business income
- $204,885
- Gross receipts
- $190,500,566
- Employees
- 236
- Volunteers
- 0
- Year formed
- 1961
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK LEDGER | CHIEF EXCECUTIVE OFFICER Officer | 45 | $769,607 | $101,640 |
| PETER SCOTT | CHIEF FINANCIAL OFFICER Officer | 40 | $331,822 | $88,738 |
| JOHN SANDERS | KEY EMPLOYEE Key employee | 50 | $315,986 | $88,476 |
| MIKE NELSON | KEY EMPLOYEE Key employee | 60 | $310,069 | $86,400 |
| CHRISTOPHER JIMENEZ | KEY EMPLOYEE Officer | 50 | $290,793 | $66,017 |
| MICHELLE FREEARK | KEY EMPLOYEE Key employee | 55 | $273,271 | $82,594 |
| BENJAMIN ENGELBY | GENERAL COUNSEL Key employee | 40 | $283,542 | $71,690 |
| NATHEN HATCH | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 48 | $218,521 | $73,585 |
| BORIS TUMARIN | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 0 | $222,946 | $56,588 |
| RYAN MANZO | KEY EMPLOYEE Key employee | 42 | $219,744 | $57,697 |
| JASIN GLASNER | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 28 | $216,894 | $49,561 |
| CHARLES ALVES | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 40 | $189,092 | $68,577 |
| BRETT BERGESON | KEY EMPLOYEE Highest-paid employee | 38 | $177,148 | $46,328 |
| REUBEN B MCBRIDE | DIRECTOR (PRESIDENT) Trustee or director, Officer | 10 | $38,000 | $0 |
| JOHN NELSSEN | DIRECTOR Trustee or director | 8 | $34,300 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J TYLER CARLSON | DIRECTOR(VICE PRESIDENT) Trustee or director, Officer | 8 | $31,000 |
| RYALL STEWART | DIRECTOR Trustee or director | 7.5 | $29,000 |
| FRANK DOWNS | DIRECTOR Trustee or director | 1 | $27,000 |
| JOHNNIE FRIE | DIRECTOR Trustee or director | 0 | $25,000 |
| LAWRENCE HINCHLIFFE | DIRECTOR Trustee or director | 6 | $24,000 |
| DANIEL BARRERA | DIRECTOR(SECRETARY) Trustee or director, Officer | 10 | $24,000 |
| DIANE SIEKER | DIRECTOR Trustee or director | 7.5 | $19,500 |
| FRANK MCRAE | DIRECTOR Trustee or director | 0 | $12,500 |
| JASON BOWLING | DIRECTOR Trustee or director | 5 | $10,000 |
| DARRIN FRANCOM | DIRECTOR Trustee or director | 3 | $6,000 |
| PHIL COOK | DIRECTOR Trustee or director | 4 | $2,000 |
| BRIAN HEITHOFF | DIRECTOR(TREASURER) Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK LEDGER | CURRENT CHIEF EXECUTIVE OF Officer | 45 | $764,699 | $99,959 |
| JOHN SANDERS | KEY EMPLOYEE Key employee | 50 | $304,486 | $86,108 |
| PETER SCOTT | CHIEF FINANCIAL OFFICER Officer | 40 | $318,307 | $69,577 |
| MIKE NELSON | KEY EMPLOYEE Key employee | 68 | $299,065 | $83,525 |
| BENJAMIN ENGELBY | GENERAL COUNSEL Key employee | 40 | $284,309 | $69,132 |
| MICHELLE FREEARK | KEY EMPLOYEE Key employee | 52 | $262,758 | $79,714 |
| CHRISTOPHER JIMENEZ | KEY EMPLOYEE Key employee | 50 | $273,301 | $60,737 |
| NATHEN HATCH | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 50 | $218,435 | $72,356 |
| BORIS TUMARIN | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 45 | $215,175 | $54,905 |
| RYAN MANZO | HIGHEST COMPENSATED EMPLOYEE Highest-paid employee | 40 | $198,745 | $58,513 |
| CHARLES ALVES | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $175,811 | $63,020 |
| JASIN GLASNER | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 30 | $188,495 | $46,258 |
| JOHN NELSSEN | DIRECTOR Trustee or director | 8 | $35,000 | $0 |
| J TYLER CARLSON | DIRECTOR(SECRETARY) Trustee or director | 8 | $34,000 | $0 |
| HARROLD BURDICK | DIRECTOR Trustee or director | 6 | $34,000 | $0 |
| REUBEN B MCBRIDE | DIRECTOR(VICE PRESIDENT) Trustee or director | 10 | $33,000 | $0 |
| GENE R LARSON | DIRECTOR Trustee or director | 2 | $27,250 | $0 |
| JOHNNIE FRIE | DIRECTOR Trustee or director | 11 | $25,000 | $0 |
| KATHRYN J THATCHER | DIRECTOR (PRESIDENT) Trustee or director | 4 | $24,000 | $0 |
| LAWERENCE HINCHLIFEE | DIRECTOR Trustee or director | 6 | $24,000 | $0 |
| DANIEL BARRERA | DIRECTOR Trustee or director | 10 | $24,000 | $0 |
| JUDY MCKINLEY | DIRECTOR(TREASURER) Trustee or director | 15 | $22,000 | $0 |
| DAVE LUTTRELL | DIRECTOR Trustee or director | 8 | $13,000 | $0 |
| KEVIN SHORT | DIRECTOR Trustee or director | 10 | $0 | $0 |
| BRIAN HEITHOFF | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 670, BENSON, AZ 85602-0670
- In care of
- % DON KIMBALL
- Principal officer (990 for 2024)
- PETER F SCOTT, PO BOX 670, BENSON, AZ 85602
- Signed the 990
- PETER F SCOTT, CHIEF FINANCIAL OFFICER
- Phone
- (520) 586-3631
- Website
- WWW.AZGT.COOP
- Return prepared by
- DELOITTE TAX LLP
Mission
PROVIDE ELECTRIC SERVICE TO ITS MEMBERS.
Program accomplishments
- AEPCO IS A GENERATION COOPERATIVE THAT PROVIDES THE POWER NEEDS OF ITS MEMBER-OWNED DISTRIBUTION COOPERATIVES, PROVIDING ELECTRICITY TO MORE THAN 147,000 METERS.
- TRANSMISSION COOPERATIVE THAT BRINGS LOCAL SUPPLY OF ELECTRICITY TO CUSTOMERS TO ENSURE RELIABLE AND ADEQUATE SUPPLY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-0176697
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $770,104,992
- Income (IRS master file)
- $190,500,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $189,995,960 | $186,653,939 | $770,104,992 | XML |
| 990 | December 2023 | $229,042,927 | $225,844,400 | $607,120,599 | XML |
| 990 | December 2022 | $291,757,317 | $288,610,185 | $540,784,153 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-0176697).
Questions about ARIZONA ELECTRIC POWER COOPERATIVE INC
- What is the EIN of ARIZONA ELECTRIC POWER COOPERATIVE INC?
- The employer identification number (EIN) of ARIZONA ELECTRIC POWER COOPERATIVE INC is 86-0176697.
- Is ARIZONA ELECTRIC POWER COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2001.
- Are donations to ARIZONA ELECTRIC POWER COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARIZONA ELECTRIC POWER COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARIZONA ELECTRIC POWER COOPERATIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARIZONA ELECTRIC POWER COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ARIZONA ELECTRIC POWER COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 names PETER F SCOTT.
- Who are the officers and directors of ARIZONA ELECTRIC POWER COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 lists 27 people; 26 received compensation from the organization, the highest $769,607 (PATRICK LEDGER, CHIEF EXCECUTIVE OFFICER).
- How much revenue does ARIZONA ELECTRIC POWER COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $189,995,960, expenses of $186,653,939 and total assets of $770,104,992 at year end.
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