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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 2020. Filed on November 12, 2021.

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 2020 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 $311,316. The highest compensated employee at Arizona Electric Power Cooperative Inc. is Patrick Ledger with fiscal year 2020 compensation of $756,088.

Revenue, expenses, and employee compensation

Revenue

$179,657,524

Expenses

$173,512,242

Employee compensation

$34,584,461
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Ledger
Current Chief Executive of
$756,088
$670,632 No related comp$85,456
Benjamin Engelby
Key Employee
$361,949
$309,739 No related comp$52,210
Peter Scott
Chief Financial Officer
$345,295
$288,113 No related comp$57,182
Jon Martell
Key Employee
$325,447
$254,559 No related comp$70,888
Mike Nelson
Key Employee
$312,723
$245,670 No related comp$67,053
John Sanders
Key Employee
$307,527
$240,360 No related comp$67,167
Barry Brown
Key Employee
$306,503
$245,100 No related comp$61,403
Emery Silvester
Key Employee
$299,989
$241,381 No related comp$58,608
Michelle Freeark
Key Employee
$297,996
$231,366 No related comp$66,630
Eileen Brien
Key Employee
$267,380
$209,190 No related comp$58,190
Boris Tumarin
Highest Compensated Employee
$242,391
$193,970 No related comp$48,421
Ryan Manzo
Highest Compensated Employee
$221,253
$166,448 No related comp$54,805

Benchmark Employee Compensation

Non-Employee Board Members

J Tyler Carlson
Director
$33,500
$33,500 No related compNo other comp
Cindy Christy
Director
$30,000
$30,000 No related compNo other comp
Reuben B McBride
Director(Vice President)
$27,500
$27,500 No related compNo other comp
Gene R Larson
Director
$27,000
$27,000 No related compNo other comp
Harrold Burdick
Director
$26,000
$26,000 No related compNo other comp
Daniel Barrera
Director
$24,000
$24,000 No related compNo other comp
Johnnie Frie
Director
$24,000
$24,000 No related compNo other comp
Ken Robbins
Director
$24,000
$24,000 No related compNo other comp
Karthryn J Thatcher
Director (President)
$24,000
$24,000 No related compNo other comp
Charles Bradley Despain
Director(Treasurer)
$24,000
$24,000 No related compNo other comp
Judy McKinley
Director
$24,000
$24,000 No related compNo other comp
Vincent Nitido
Director
No compensation reported

Contractors

Alliance for Cooperative Energy Services
Power Trading
$3,492,514
Davison Van Cleve PC (V#101993)
Legal Expenses
$323,117
Ryan Servicing (V#104023)
Financial Advising and Tax
$300,973
Slover and Loftus (V#102021)
Legal Expenses
$205,441
Eversheds Sutherland (V#103205)
Legal Expenses
$203,523

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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