Nonprofit · EIN 92-0177236
ALASKA ELECTRIC AND ENERGY COOPERATIVE INC
Tax-exempt · HOMER, AK 99603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $74,592,355 | $74,254,594 | $337,761 | $237,687,776 | $183,025,799 | $54,661,977 |
| December 31, 2023 | 990 | $69,799,784 | $69,452,369 | $347,415 | $244,192,399 | $189,868,183 | $54,324,216 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $74,472,524
- Investment income
- $119,831
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $12,295,347
Balance sheet and other
- Total assets, start of year
- $244,192,399
- Total assets, end of year
- $237,687,776
- Total liabilities, end of year
- $183,025,799
- Net assets, end of year
- $54,661,977
- Land, buildings and equipment
- $215,236,153
- Gross receipts
- $74,592,355
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- AK
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bradley P Janorschke | Chief Executive Officer Officer | 1 | $0 | $554,343 | $58,710 |
| Sarah Lambe | Chief Financial Officer Officer | 1 | $0 | $320,615 | $52,342 |
| David Thomas | Strategic Affairs Officer Former | 0 | $0 | $209,879 | $123,169 |
| Dan Furlong | Director Trustee or director | 0.5 | $0 | $9,200 | $0 |
| Eugene Levine | Deputy Secretary Trustee or director, Officer | 0.5 | $0 | $7,500 | $0 |
| Erin McKittrick | Director Trustee or director | 0.5 | $0 | $5,750 | $0 |
| Wayne Ogle | President Trustee or director, Officer | 0.5 | $0 | $4,500 | $0 |
| Dan Green | Director Trustee or director | 0.5 | $0 | $3,750 | $0 |
| James Duffield II | Secretary/Treasurer Trustee or director, Officer | 0.5 | $0 | $2,251 | $0 |
| Robert Wall | Vice President Trustee or director, Officer | 0.5 | $0 | $2,250 | $0 |
| Louis Flora | Director Trustee or director | 0.5 | $0 | $1,750 | $0 |
| Charles Chenault | Director Trustee or director | 0.5 | $0 | $1,404 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bradley P Janorschke | General Manager Officer | 1 | $0 | $380,869 | $197,017 |
| Sarah Lambe | Director of Finance Officer | 1 | $0 | $212,898 | $139,460 |
| David Thomas | Manager Of Strategic Affairs Former | 0 | $0 | $213,400 | $114,105 |
| Dan Furlong | Director Trustee or director | 0.5 | $0 | $10,850 | $0 |
| Erin McKittrick | Director Trustee or director | 0.5 | $0 | $8,400 | $0 |
| Wayne Ogle | President Trustee or director, Officer | 0.5 | $0 | $6,300 | $0 |
| Eugene Levine | Deputy Secretary Trustee or director, Officer | 0.5 | $0 | $5,450 | $0 |
| Robert Wall | Vice President Trustee or director, Officer | 0.5 | $0 | $4,850 | $0 |
| Charles Chenault | Director Trustee or director | 0.5 | $0 | $4,500 | $0 |
| James Duffield II | Secretary/Treasurer Trustee or director, Officer | 0.5 | $0 | $3,950 | $0 |
| Louis Flora | Director Trustee or director | 0.5 | $0 | $2,558 | $0 |
| Dan Green | Director Trustee or director | 0.5 | $0 | $2,450 | $0 |
| Charles Rudstrom | Director Trustee or director | 0.5 | $0 | $2,100 | $0 |
Address and contacts
- Address (IRS master file)
- 3977 LAKE ST, HOMER, AK 99603-7680
- In care of
- % SARAH LAMBE
- Principal officer (990 for 2024)
- Bradley P Janorschke, 3977 Lake Street, Homer, AK 996037680
- Signed the 990
- Sarah Lambe, CFO
- Phone
- (907) 235-8551
- Return prepared by
- BDO USA
Mission
TO SAFELY PROVIDE RELIABLE ELECTRICITY TO OUR MEMBERS AND OUR COMMUNITY THROUGH SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES.
Program accomplishments
- GENERATE AND SUPPLY WHOLESALE ELECTRIC POWER TO MEET THE NEEDS OF OUR MEMBER DISTRIBUTION COOPERATIVE, HOMER ELECTRIC ASSOCIATION.
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
- 92-0177236
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W50)
- Assets (IRS master file)
- $237,687,776
- Income (IRS master file)
- $74,592,355
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $74,592,355 | $74,254,594 | $237,687,776 | IRS |
| 990 | December 2023 | $69,799,784 | $69,452,369 | $244,192,399 | XML |
| 990 | December 2022 | $68,025,106 | $67,688,373 | $252,642,446 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 92-0177236).
Questions about ALASKA ELECTRIC AND ENERGY COOPERATIVE INC
- What is the EIN of ALASKA ELECTRIC AND ENERGY COOPERATIVE INC?
- The employer identification number (EIN) of ALASKA ELECTRIC AND ENERGY COOPERATIVE INC is 92-0177236.
- Is ALASKA ELECTRIC AND ENERGY COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2002.
- Are donations to ALASKA ELECTRIC AND ENERGY COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ALASKA ELECTRIC AND ENERGY 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 ALASKA ELECTRIC AND ENERGY 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 ALASKA ELECTRIC AND ENERGY 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 ALASKA ELECTRIC AND ENERGY COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 names Bradley P Janorschke.
- Who are the officers and directors of ALASKA ELECTRIC AND ENERGY COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does ALASKA ELECTRIC AND ENERGY COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $74,592,355, expenses of $74,254,594 and total assets of $237,687,776 at year end.
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