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Naknek Electric Association Inc

  • Naknek, AK
  • Tax-exempt since Aug. 1962
  • EIN: 92-0027674

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$13.7M (2023)

Expenses
$13.3M (2023)

Total Assets
$47M (2023)

Total Liabilities
$31.3M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,669,699
Expenses
$13,286,370
Net Income
$383,329
Net Assets
$15,679,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $466,250
3.4%
Program Services $12,957,530
94.8%
Investment Income $57,111
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $188,808
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $235,267
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,961,445
Total Liabilities $31,281,556
Net Assets $15,679,889
Club or Co-Op Income
Income From Members $13,452,547
Income From Other Sources $207,769
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $166,823 $0 $53,685
Jeffery Sinkular (Lineman) $137,526 $0 $49,463
Ronald Zimin (Operator) $134,087 $0 $49,815
Michael James (Operator) $128,828 $0 $50,551
Kenneth Pulice (Operations Manager) $117,899 $0 $44,352
Pero Skaric (Operator) $114,498 $0 $47,368
Dan Seitz (Director) $3,450 $0 $504
Cathryn Stiles (Director) $2,690 $0 $504
Lisa Anderson (Secretary/Treasurer) $1,500 $0 $504
Tim Mcdermott (President) $1,050 $0 $504
Nanci Lyon (Vice President) $825 $0 $504
Sylvia Alford (Director Elected) $825 $0 $294
Earl Hubb (Director) $750 $0 $504
Don Strand (Director) $225 $0 $126
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Document Links

990
Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,949,477
Expenses
$12,654,298
Net Income
$295,179
Net Assets
$15,255,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,795,992
98.8%
Investment Income $557
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $152,928
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $218,122
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,731,346
Total Liabilities $33,475,865
Net Assets $15,255,481
Club or Co-Op Income
Income From Members $12,787,806
Income From Other Sources $104,068
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $158,136 $0 $50,786
Jeffery Sinkular (Lineman) $141,228 $0 $46,055
Ronald Zimin (Operator) $122,715 $0 $45,669
Kenneth Pulice (Operations Manager) $114,615 $0 $43,334
Michael James (Operator) $108,298 $0 $45,150
Tim Matson (Operator) $103,824 $0 $44,999
Earl Hubb (Director) $1,275 $0 $457
Tim Mcdermott (President) $900 $0 $457
Nanci Lyon (Vice President) $900 $0 $457
Lisa Anderson (Secretary/Treasurer) $900 $0 $457
Don Strand (Director) $825 $0 $457
Dale Peters (Director) $525 $0 $114
Dan Seitz (Director) $375 $0 $343
Calvin Riddle (Director) $300 $0 $457
Cathryn Stiles (Director) $0 $0 $0
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990
Filed on Oct. 23, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,351,355
Expenses
$9,374,038
Net Income
$1,977,317
Net Assets
$14,960,407
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,250,323
99.1%
Investment Income $354
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $100,678
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $210,789
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,960,735
Total Liabilities $34,000,328
Net Assets $14,960,407
Club or Co-Op Income
Income From Members $11,275,140
Income From Other Sources $1,399
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $150,288 $0 $48,249
Jeffery Sinkular (Lineman) $118,113 $0 $39,104
Darrell Aspelund (Plant Foreman) $113,609 $0 $39,104
Kenneth Pulice (Fleet Manager) $103,969 $2,120 $39,104
Micheal James (Operator) $103,349 $0 $39,104
Nanci Lyon (Vice President) $2,344 $0 $376
Tim Mcdermott (President) $1,275 $0 $376
Lisa Anderson (Secretary/Treasurer) $1,200 $0 $376
Dale Peters (Director) $1,200 $0 $376
Earl Hubb (Director) $1,050 $0 $376
Don Strand (Director) $975 $0 $376
Calvin Riddle (Director) $900 $0 $376
Richard Shermanresigned October 202 (Director) $300 $0 $376
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990
Filed on Aug. 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,092,392
Expenses
$9,918,561
Net Income
$173,831
Net Assets
$12,983,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,082,484
99.9%
Investment Income $450
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,458
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $203,993
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,332,796
Total Liabilities $34,349,596
Net Assets $12,983,200
Club or Co-Op Income
Income From Members $10,070,454
Income From Other Sources $21,938
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $144,862 $0 $48,249
Jeffery Sinkular (Lineman) $119,294 $0 $39,104
Darrell Aspelund (Plant Foreman) $112,867 $0 $39,104
Micheal James (Operator) $104,009 $0 $39,104
Kenneth Pulice (Fleet Manager) $102,024 $0 $41,224
Nanci Lyon (Vice President) $1,425 $0 $376
Tim Mcdermott (President) $1,350 $0 $376
Lisa Anderson (Secretary/Treasurer) $1,275 $0 $376
Dale Peters (Director) $1,200 $0 $376
Calvin Riddle (Director) $1,125 $0 $376
Earl Hubb (Director) $1,050 $0 $376
Richard Sherman (Director) $825 $0 $376
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Document Links

990
Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,047,236
Expenses
$11,682,059
Net Income
$365,177
Net Assets
$12,809,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,942,914
99.1%
Investment Income $361
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $103,961
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $184,280
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,328,555
Total Liabilities $36,519,131
Net Assets $12,809,424
Club or Co-Op Income
Income From Members $11,935,168
Income From Other Sources $112,068
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $134,040 $0 $43,108
Darrell Aspelund (Plant Foreman) $115,395 $0 $36,164
Ronald Zimin (Operator Mechanic) $109,616 $0 $37,009
Kenneth Pulice (Fleet Manager) $100,821 $0 $38,125
Tim Mcdermott (President) $1,050 $0 $376
Calvin Riddle (Director) $750 $0 $376
Nanci Lyon (Vice President) $600 $0 $376
Dale Peters (Director) $600 $0 $376
Lisa Anderson (Secretary/Treasurer) $525 $0 $376
Richard Sherman (Director) $525 $0 $376
Earl Hubb (Director) $450 $0 $376
+ View more people

Document Links

990
Filed on Nov. 9, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,153,861
Expenses
$9,972,673
Net Income
$181,188
Net Assets
$12,444,407
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,106,772
99.5%
Investment Income $4,269
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,820
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $169,818
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,988,693
Total Liabilities $36,544,286
Net Assets $12,444,407
Club or Co-Op Income
Income From Members $10,126,028
Income From Other Sources $47,689
Compensation
Key Employees and Officers Compensation Related Other
Dianne King (General Manager) $118,664 $0 $43,250
Darrell Aspelund (Plant Foreman) $114,558 $0 $26,542
Mark Federico (Line Foreman) $105,927 $0 $25,826
Lisa Anderson (Secretary/Treasurer) $1,650 $0 $376
Dale Peters (Director) $1,500 $0 $376
Tim Mcdermott (Vice President) $600 $0 $376
Richard Sherman (Director) $600 $0 $376
Earl Hubb (Director) $600 $0 $0
Susan Edwards (Director) $550 $0 $0
Nanci Lyon (President) $525 $0 $376
Calvin Riddle (Director) $0 $0 $0
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990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,922,535
Expenses
$8,767,846
Net Income
$1,154,689
Net Assets
$12,263,274
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,901,061
99.8%
Investment Income $9,726
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,748
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $111,159
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,390,471
Total Liabilities $23,127,197
Net Assets $12,263,274
Club or Co-Op Income
Income From Members $9,889,406
Income From Other Sources $33,129
Compensation
Key Employees and Officers Compensation Related Other
Darrell Aspelund (Plant Foreman) $120,306 $0 $0
Kenneth Pulice (Fleet Mechanic) $102,262 $0 $0
Dianne King (General Manager) $100,434 $0 $0
Nanci Lyon (President) $1,950 $0 $0
Stephen Jones (Secretary/Treasurer) $1,875 $0 $0
Lisa Anderson (Secretary/Treasurer) $1,800 $0 $0
Dale Peters (Vice President) $1,650 $0 $0
Tim Mcdermott (Director) $1,650 $0 $0
Richard Sherman (Director) $1,125 $0 $0
Susan Edwards (Director) $525 $0 $0
Earl Hubb (Director) $150 $0 $0
Rogelio Mejorada (Director) $0 $0 $0
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990
Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,725,888
Expenses
$8,846,482
Net Income
$879,406
Net Assets
$11,110,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,588,966
98.6%
Investment Income $10,705
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $126,217
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,369,489
Total Liabilities $21,258,795
Net Assets $11,110,694
Club or Co-Op Income
Income From Members $9,588,966
Income From Other Sources $98,734
Compensation
Key Employees and Officers Compensation Related Other
Peggy Saia (Office Manager) $112,807 $0 $0
Dianne King (General Manager) $84,087 $0 $0
Donna Vukich (General Manager) $58,110 $0 $0
Dale Peters (Vice President) $2,400 $0 $0
Stephen Jones (Secretary/Treasurer) $2,325 $0 $0
Nanci Lyon (President) $2,250 $0 $0
Tim Mc Dermott (Director) $1,350 $0 $0
Richard Sherman (Director) $1,275 $0 $0
Lisa Anderson (Director) $1,200 $0 $0
Rogelio Mejorada (Director) $900 $0 $0
+ View more people

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990
Filed on Dec. 6, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,156,521
Expenses
$10,819,868
Net Income
$336,653
Net Assets
$9,968,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,022,950
98.8%
Investment Income $7,616
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $125,955
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,231,541
Total Liabilities $24,263,010
Net Assets $9,968,531
Club or Co-Op Income
Income From Members $11,022,950
Income From Other Sources $133,571

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,350,036
Expenses
$11,065,432
Net Income
$284,604
Net Assets
$9,659,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,224,408
98.9%
Investment Income $4,128
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $121,500
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,697,671
Total Liabilities $27,037,712
Net Assets $9,659,959
Club or Co-Op Income
Income From Members $11,224,408
Income From Other Sources $125,628

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,237,560
Expenses
$9,929,276
Net Income
$308,284
Net Assets
$9,411,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,071,525
98.4%
Investment Income -$3,150
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $169,185
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,790,439
Total Liabilities $27,379,202
Net Assets $9,411,237
Club or Co-Op Income
Income From Members $10,071,525
Income From Other Sources $166,035

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,906,134
Expenses
$9,710,220
Net Income
$195,914
Net Assets
$9,120,519
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,764,433
98.6%
Investment Income $2,571
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $139,130
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,674,933
Total Liabilities $45,554,414
Net Assets $9,120,519
Club or Co-Op Income
Income From Members $9,764,433
Income From Other Sources $139,130

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,055,144
Expenses
$8,869,628
Net Income
$185,516
Net Assets
$8,926,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,799,480
97.2%
Investment Income $10,515
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $245,149
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,431,372
Total Liabilities $50,505,061
Net Assets $8,926,311
Club or Co-Op Income
Income From Members $8,799,480
Income From Other Sources $255,664

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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