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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 2019. Filed on November 14, 2020.

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 2019 IRS Form 990 filing, Arizona Electric Power Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 239 total employees. Among the employees shown here, the average compensation is $272,950. The highest compensated employee at Arizona Electric Power Cooperative Inc. is Patrick Ledger with fiscal year 2019 compensation of $705,078.

Revenue, expenses, and employee compensation

Revenue

$183,490,274

Expenses

$177,035,150

Employee compensation

$32,546,554
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Ledger
Current Chief Executive Officer
$705,078
$622,972 No related comp$82,106
Peter Scott
Chief Financial Officer
$325,213
$270,289 No related comp$54,924
Jon Martell
Key Employee
$308,384
$238,212 No related comp$70,172
Mike Nelson
Key Employee
$292,448
$229,171 No related comp$63,277
Barry Brown
Key Employee
$289,823
$230,022 No related comp$59,801
John Sanders
Key Employee
$286,850
$223,935 No related comp$62,915
Michelle Freeark
Key Employee
$280,471
$217,467 No related comp$63,004
Emery Silvester
Key Employee
$280,127
$224,759 No related comp$55,368
Eileen Brien
Key Employee
$251,251
$195,587 No related comp$55,664
Boris Tumarin
Highest Compensated Employee
$224,607
$179,113 No related comp$45,494
Letitia Brackeen
Highest Compensated Employee
$215,967
$165,597 No related comp$50,370
Logan Gernet
Highest Compensated Employee
$208,105
$168,113 No related comp$39,992

Benchmark Employee Compensation

Non-Employee Board Members

J Tyler Carlson
Director (President)
$40,000
$40,000 No related compNo other comp
Cindy Christy
Director
$38,500
$38,500 No related compNo other comp
Ruben McBride
Director
$31,000
$31,000 No related compNo other comp
Gene R Larson
Director
$30,000
$30,000 No related compNo other comp
Karthryn J Thatcher
Director(Vice President)
$26,500
$26,500 No related compNo other comp
Johnnie Frie
Director
$26,000
$26,000 No related compNo other comp
Judy McKinley
Director(Treasurer)
$26,000
$26,000 No related compNo other comp
Daniel Barrera
Director
$25,500
$25,500 No related compNo other comp
Ken Robbins
Director
$24,000
$24,000 No related compNo other comp
Charles Bradley Despain
Director(Secretary)
$24,000
$24,000 No related compNo other comp
Harrold Burdick
Director
$9,000
$9,000 No related compNo other comp
Vincent Nitido
Director
No compensation reported

Contractors

Alliance for Cooperative Energy Services
Power Trading
$3,169,483
Aims Acquisition (V#100296)
Scoping and Tank Cleaning
$565,000
Staff Matters (V#102657)
Temp
$513,090
Grid Solutions (V#103839)
IT Network Maintenance for Transmission
$420,335
Eversheds Sutherland (V#103205)
Legal
$366,895

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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