nonprofit logo

Alaska Electric And Energy Cooperative Inc

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

EIN: 920177236 ✦ Homer, AK ✦ Designated as a 501(c)(12)

Overview

What is Alaska Electric And Energy Cooperative Inc?

Alaska Electric and Energy Cooperative Inc, based at 3977 Lake Street, Homer, Alaska (ZIP code 99603), is a dedicated nonprofit organization. Their primary mission is to generate and wholesale electricity to meet the demands of their member distribution cooperative, Homer Electric Association. Through this partnership, they ensure the provision of power requirements, striving for reliable electricity and superior customer service. Their innovative energy solutions are offered at fair and reasonable prices to their community.


Is Alaska Electric And Energy Cooperative Inc legitimate?

Alaska Electric And Energy Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Alaska Electric And Energy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Alaska Electric And Energy Cooperative Inc?
Who is the CEO of Alaska Electric And Energy Cooperative Inc?
What is the revenue of Alaska Electric And Energy Cooperative Inc?
Who are the executives of Alaska Electric And Energy Cooperative Inc and what are their salaries?
Where can I find the form 990 for Alaska Electric And Energy Cooperative Inc?

Mission Statement of Alaska Electric And Energy Cooperative Inc

Alaska Electric and Energy Cooperative Inc, also known as AEEC, is dedicated to ensuring the reliable provision of electricity to Homer Electric Association and its members. The cooperative's mission goes beyond just electricity generation and supply; it aims to deliver superior customer service, innovative energy solutions, and fair and reasonable prices.

In the heart of its operations lies the commitment to supply wholesale electric power that caters to the needs of Homer Electric Association. AEEC is more than just a power supplier; it is a partner that works diligently to maintain a safe and dependable electricity supply for its community. The cooperative understands the importance of electricity in modern life and strives to provide it in a way that is both efficient and cost-effective for its members.

At the core of AEEC's mission is a dedication to customer service. The cooperative not only generates and supplies electricity but also prioritizes the needs and satisfaction of its members. By offering innovative energy solutions, AEEC ensures that its members have access to the latest technologies and practices that can help them save on energy costs and reduce their carbon footprint. The cooperative's commitment to fair and reasonable prices ensures that electricity remains accessible to all, regardless of income or location.

In summary, Alaska Electric and Energy Cooperative Inc is a mission-driven organization that puts the needs and satisfaction of its members at the forefront of its operations. Through its commitment to safe and reliable electricity generation, superior customer service, and innovative energy solutions, AEEC is dedicated to providing electricity to Homer Electric Association and its members at fair and reasonable prices.

Impact

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




Thursday, August 15, 2024

Alaska Electric And Energy Cooperative Inc's impact lies in its provision of power requirements to the Homer Electric Association. By generating and supplying wholesale electric power to meet the needs of their member distribution cooperative, Alaska Electric And Energy Cooperative Inc plays a crucial role in ensuring reliable electricity for the community of Homer, Alaska. Their mission to safely provide electricity through superior customer service and innovative energy solutions at fair and reasonable prices emphasizes their commitment to serving the public benefit.





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: $50,267
  • Program Service Revenue: $67,974,839
  • Gross Receipts: $68,025,106

    • Assets and Liabilities:
  • Total Assets: $252,642,446
  • Total Liabilities: $198,665,645
  • Net Assets: $53,976,801
  • Programs

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

    ELECTRIC SERVICE REVENUE

    Revenue

    $67,765,808

    CAPITAL CREDIT ALLOCATION

    Revenue

    $207,931

    OTHER REVENUE

    Revenue

    $1,100

    Organization Details

    Founding Year

    2001

    Principal Officer

    Bradley P Janorschke

    Main Address

    3977 Lake Street, Homer, AK, 996037680

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Alaska Electric And Energy Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.