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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit Arizona Electric Power Cooperative Inc.

Arizona Electric Power Cooperative Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 670
Benson, Arizona 85602

Arizona Electric Power Cooperative Inc. (EIN: 86-0176697) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Arizona Electric Power Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 13 out of 236 total employees. Among the employees shown here, the average compensation is $365,948. The highest compensated employee at Arizona Electric Power Cooperative Inc. is Patrick Ledger with fiscal year 2024 compensation of $871,247.

Revenue, expenses, and employee compensation

Revenue

$189,995,960

Expenses

$186,653,939

Employee compensation

$37,564,700
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Ledger
Chief Excecutive Officer
$871,247
$769,607 No related comp$101,640
Peter Scott
Chief Financial Officer
$420,560
$331,822 No related comp$88,738
John Sanders
Key Employee
$404,462
$315,986 No related comp$88,476
Mike Nelson
Key Employee
$396,469
$310,069 No related comp$86,400
Christopher Jimenez
Key Employee
$356,810
$290,793 No related comp$66,017
Michelle Freeark
Key Employee
$355,865
$273,271 No related comp$82,594
Benjamin Engelby
General Counsel
$355,232
$283,542 No related comp$71,690
Nathen Hatch
Highest Compensated Employee
$292,106
$218,521 No related comp$73,585
Boris Tumarin
Highest Compensated Employee
$279,534
$222,946 No related comp$56,588
Ryan Manzo
Key Employee
$277,441
$219,744 No related comp$57,697
Jasin Glasner
Highest Compensated Employee
$266,455
$216,894 No related comp$49,561
Charles Alves
Highest Compensated Employee
$257,669
$189,092 No related comp$68,577

Benchmark Employee Compensation

Non-Employee Board Members

Reuben B McBride
Director (President)
$38,000
$38,000 No related compNo other comp
John Nelssen
Director
$34,300
$34,300 No related compNo other comp
J Tyler Carlson
Director(Vice President)
$31,000
$31,000 No related compNo other comp
Ryall Stewart
Director
$29,000
$29,000 No related compNo other comp
Frank Downs
Director
$27,000
$27,000 No related compNo other comp
Johnnie Frie
Director
$25,000
$25,000 No related compNo other comp
Daniel Barrera
Director(Secretary)
$24,000
$24,000 No related compNo other comp
Lawrence Hinchliffe
Director
$24,000
$24,000 No related compNo other comp
Diane Sieker
Director
$19,500
$19,500 No related compNo other comp
Frank McRae
Director
$12,500
$12,500 No related compNo other comp
Jason Bowling
Director
$10,000
$10,000 No related compNo other comp
Darrin Francom
Director
$6,000
$6,000 No related compNo other comp

Contractors

Alliance for Cooperative Energy Services
Power Trading
$4,197,326
Alternative Repair and Machining
Repair
$2,010,948
Sargent & Lundy (V#101979)
Engineering
$692,060
Eversheds Sutherland (V#103205)
Legal Expenses
$419,172
Burns & Mcdonnel Engineering (V#100131)
Engineering
$398,720

Mission Statement

PROVIDE ELECTRIC SERVICE TO ITS MEMBERS.

Revisions to this organization profile

November 17, 2025:
2024 Arizona Electric Power Cooperative Inc. 990 filed
November 15, 2024:
2023 Arizona Electric Power Cooperative Inc. 990 filed
November 14, 2023:
2022 Arizona Electric Power Cooperative Inc. 990 filed

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