Arizona Electric Power Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860176697 ✦ Benson, AZ ✦ Designated as a 501(c)(12)

Overview

What is Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc (AEPCO) is a nonprofit cooperative based in Arizona that focuses on generating and supplying electricity to its member-owned distribution cooperatives. With a mission to provide electric service, AEPCO ensures the power needs of over 147,000 meters are met. Acting as a generator cooperative, AEPCO plays a crucial role in delivering electricity to its network of members.


Official website here: www.azgt.coop

Is Arizona Electric Power Cooperative Inc legitimate?

Arizona Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Arizona Electric Power Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,757,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,144,802

For more financial information, click here


Official website here: www.azgt.coop

What is the mission statement of Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc, as a generation cooperative, focuses on supplying electric power to its member-owned distribution cooperatives. Its mission is to deliver electric service to its members, providing electricity to over 147,000 meters. The cooperative prioritizes reliability and sustainability in meeting the power requirements of its clients. By generating and selling electric power, Arizona Electric Power Cooperative Inc plays a crucial role in supporting the energy needs of various communities.


Official website here: www.azgt.coop

Who is the CEO of Arizona Electric Power Cooperative Inc?

Peter F Scott is the Director (President) of Arizona Electric Power Cooperative Inc. The CEO's salary of Arizona Electric Power Cooperative Inc is $740,947 and their total compensation is $831,707.


Official website here: www.azgt.coop

What is the revenue of Arizona Electric Power Cooperative Inc?

Arizona Electric Power Cooperative Inc's revenue in 2022 was $291,757,317.


Official website here: www.azgt.coop

Who are the executives of Arizona Electric Power Cooperative Inc and what are their salaries?

The average compensation at Arizona Electric Power Cooperative Inc during 2022 was $108,379. There are 239 employees at Arizona Electric Power Cooperative Inc.

Here are 28 key members and their salaries (Arizona Electric Power Cooperative Inc's CEO's salary is $740,947 and their total compensation is $831,707):

    Patrick Ledger (Current Chief Executive Of)
  • Compensation: $740,947
  • Related: $0
  • Other: $90,760

    • Peter Scott (Chief Financial Officer)
  • Compensation: $303,148
  • Related: $0
  • Other: $64,490

    • John Sanders (Key Employee)
  • Compensation: $280,667
  • Related: $0
  • Other: $73,346

    • Mike Nelson (Key Employee)
  • Compensation: $265,999
  • Related: $0
  • Other: $72,816

    • Benjamin Engelby (General Counsel)
  • Compensation: $258,796
  • Related: $0
  • Other: $64,137

    • Michelle Freeark (Key Employee)
  • Compensation: $242,835
  • Related: $0
  • Other: $72,576

    • Eileen Brien (Key Employee)
  • Compensation: $237,807
  • Related: $0
  • Other: $50,735

    • Christopher Jimenez (Key Employee)
  • Compensation: $256,502
  • Related: $0
  • Other: $30,067

    • Barry Brown (Key Employee)
  • Compensation: $226,065
  • Related: $0
  • Other: $29,204

    • Boris Tumarin (Highest Compensated Employ)
  • Compensation: $202,917
  • Related: $0
  • Other: $52,346

    • Nathen Hatch (Key Employee)
  • Compensation: $187,622
  • Related: $0
  • Other: $56,400

    • Ryan Manzo (Highest Compensated Employ)
  • Compensation: $178,855
  • Related: $0
  • Other: $54,787

    • Jasin Glasner (Highest Compensated Employ)
  • Compensation: $166,558
  • Related: $0
  • Other: $47,473

    • Katheen Hardman (Highest Compensated Employ)
  • Compensation: $179,337
  • Related: $0
  • Other: $33,834

    • Timothy Landwerlen (Highest Compensated Employ)
  • Compensation: $160,733
  • Related: $0
  • Other: $46,959

    • J Tyler Carlson (Director(Secretary))
  • Compensation: $33,000
  • Related: $0
  • Other: $0

    • Harrold Burdick (Director)
  • Compensation: $32,500
  • Related: $0
  • Other: $0

    • Dave Luttrell (Director)
  • Compensation: $28,500
  • Related: $0
  • Other: $0

    • Gene R Larson (Director)
  • Compensation: $28,000
  • Related: $0
  • Other: $0

    • Reuben B Mcbride (Director(Vice President))
  • Compensation: $27,500
  • Related: $0
  • Other: $0

    • Johnnie Frie (Director)
  • Compensation: $27,500
  • Related: $0
  • Other: $0

    • Daniel Barrera (Director)
  • Compensation: $25,250
  • Related: $0
  • Other: $0

    • Karthryn J Thatcher (Director (President))
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Judy Mckinley (Director(Treasurer))
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Lawerence Hinchlifee (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • John Nelssen (Director)
  • Compensation: $8,500
  • Related: $0
  • Other: $0

    • Kevin Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Heithoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.azgt.coop

    Where can I find the form 990 for Arizona Electric Power Cooperative Inc?

    The Arizona Electric Power Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.azgt.coop

    Learn more at the official website: www.azgt.coop

    Mission Statement of Arizona Electric Power Cooperative Inc

    Arizona Electric Power Cooperative Inc, or AEPCO, is a mission-driven cooperative that focuses on providing electric service to its member-owned distribution cooperatives. With a commitment to meet the power needs of its cooperative members, AEPCO functions as a generation cooperative. In simpler terms, AEPCO generates the electricity that is distributed to over 147,000 meters, ensuring that its member cooperatives have a reliable source of power for their communities. By doing so, AEPCO plays a crucial role in the provision of essential energy services, illuminating homes and businesses across the board.

    Impact

    This information is meant to be a general summary of Arizona Electric Power Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Arizona Electric Power Cooperative Inc's impact lies in its crucial role in supplying electric power to more than 147,000 meters through its member-owned distribution cooperatives. By ensuring a reliable source of electricity, AEPCO plays a vital part in supporting the daily lives and operations of individuals, businesses, and communities within its service area. This consistent provision of power contributes to economic development, quality of life, and overall well-being for the residents and organizations that rely on AEPCO's services.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $781,533
  • Program Service Revenue: $258,836,682
  • Gross Receipts: $291,888,238

    • Assets and Liabilities:
  • Total Assets: $540,784,153
  • Total Liabilities: $361,190,335
  • Net Assets: $179,593,818
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROVIDE ELECTRIC POWER

    Revenue

    $258,836,682

    Organization Details

    Founding Year

    1961

    Principal Officer

    Peter F Scott

    Main Address

    PO BOX 670, BENSON, AZ, 85602

    NTEE Category

    Code: Y43 - Mutual benefit

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