Compensation 990

Golden Valley Electric Association Inc

Fiscal year ending 2024. Filed on November 18, 2025.

758 Illinois St
Fairbanks, Alaska 99707

Golden Valley Electric Association Inc (EIN: 92-0014712) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Golden Valley Electric Association Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 334 total employees. Among the employees shown here, the average compensation is $307,247. The highest compensated employee at Golden Valley Electric Association Inc is John Burns with fiscal year 2024 compensation of $380,840.

Revenue, expenses, and employee compensation

Revenue

$309,695,755

Expenses

$307,253,354

Employee compensation

$47,811,280
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－29.4%vs 2023
John Burns
President and CEO: Jan-June 2024
$380,840
$286,325 from orgNo related comp$94,515 other
New in 2024
Travis Million
President and CEO: June-Dec 2024
$366,941
$313,529 from orgNo related comp$53,412 other
＋7.1%vs 2023
Sarah Rixie
Chief Financial Officer
$361,765
$263,954 from orgNo related comp$97,811 other
＋8.9%vs 2023
Christopher Forrest
Director of Power Supply
$327,461
$226,403 from orgNo related comp$101,058 other
＋10.6%vs 2023
Abbigail Dillard
Member Services Director
$312,554
$226,271 from orgNo related comp$86,283 other
＋9.2%vs 2023
Reagan Russell
Human Resources Director
$311,229
$212,983 from orgNo related comp$98,246 other
－2.4%vs 2023
John Kelly
Gas Turbine Plant Manager
$307,304
$221,566 from orgNo related comp$85,738 other
＋3.1%vs 2023
Daniel Bishop
Director of Engineering SVCS
$295,619
$243,330 from orgNo related comp$52,289 other
＋10.3%vs 2023
Benjamin Porter
Lineman Journeyman
$289,082
$220,392 from orgNo related comp$68,690 other
＋22.0%vs 2023
Ian Olesen
Lineman Journeyman
$287,539
$217,675 from orgNo related comp$69,864 other
＋4.8%vs 2023
Jared Carter
E and I Foreman
$284,726
$210,812 from orgNo related comp$73,914 other
＋22.8%vs 2022
Nathaniel Minnema
Operations Director
$280,434
$194,411 from orgNo related comp$86,023 other

Non-Employee Board Members

－7.4%vs 2023
Gary C Newman
Secretary
$19,825
$19,825 from orgNo related compNo other comp
－5.4%vs 2023
David Pelunis-Messier
Treasurer
$19,775
$19,775 from orgNo related compNo other comp
－21.6%vs 2023
Thomas P Delong
Chair
$19,525
$19,525 from orgNo related compNo other comp
＋43.8%vs 2023
Frederick W Sheen
Director
$18,875
$18,875 from orgNo related compNo other comp
－33.6%vs 2023
Richard J Solie Jr
Director
$15,925
$15,925 from orgNo related compNo other comp
－18.4%vs 2023
Christopher M Bunch
Vice Chair
$13,600
$13,600 from orgNo related compNo other comp
New in 2024
Krista M Zappone
Director
$11,750
$11,750 from orgNo related compNo other comp
－52.9%vs 2023
Todd M Adams
Director
$6,450
$6,450 from orgNo related compNo other comp

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

November 18, 2025:
2024 Golden Valley Electric Association Inc 990 filed
November 15, 2024:
2023 Golden Valley Electric Association Inc 990 filed
November 15, 2023:
2022 Golden Valley Electric Association Inc 990 filed

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