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Organizations Golden Valley Electric Association Inc

Golden Valley Electric Association Inc

Fiscal year ending 2020. Filed on November 15, 2021.

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 2020 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 325 total employees. Among the employees shown here, the average compensation is $307,028. The highest compensated employee at Golden Valley Electric Association Inc is John Burns with fiscal year 2020 compensation of $464,014.

Revenue, expenses, and employee compensation

Revenue

$242,508,508

Expenses

$239,567,195

Employee compensation

$38,089,532
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Burns
President and Chief Executive Officer
$464,014
$296,953 No related comp$167,061
Ronald E Woolf
Vice President and Chief Financial Officer
$423,227
$282,536 No related comp$140,691
Monica Grassi
Vice President Member Services - Terminate
$370,265
$250,951 No related comp$119,314
Daniel Bishop
Engineering Services Manager
$336,258
$203,933 No related comp$132,325
Frank Perkins
Vice President Power Supply
$333,968
$261,112 No related comp$72,856
Pete Sarauer
Power Systems Manager
$326,229
$225,690 No related comp$100,539
Gary P Betsill
Vice President Operations - Terminated
$304,952
$215,956 No related comp$88,996
Richard J Piech
Operations Manager
$297,412
$190,878 No related comp$106,534
John H Kelly
Gas Turbine Plant Manager
$293,705
$203,193 No related comp$90,512
Leo I Quiachon
Vice President Engineering Services - Term
$291,579
$209,835 No related comp$81,744
Richard Lusby
Healy Plant Manager
$290,729
$200,264 No related comp$90,465
Joshua Davis
Operations Director
$254,660
$168,046 No related comp$86,614

Benchmark Employee Compensation

Non-Employee Board Members

Tom Delong
Chair
$22,700
$22,700 No related compNo other comp
John K Sloan
Vice Chair
$21,640
$21,640 No related compNo other comp
Gary C Newman
Secretary
$18,001
$18,001 No related compNo other comp
David Pelunis-Messier
Treasurer
$15,801
$15,801 No related compNo other comp
William D Nordmark
Director - Terminated
$14,196
$14,196 No related compNo other comp
Christopher M Bunch
Director
$12,915
$12,915 No related compNo other comp
Rick Schikora
Director - Terminated
$12,673
$12,673 No related compNo other comp
Richard J Solie Jr
Director
$5,925
$5,925 No related compNo other comp
Bradley Jay Benson
Director
$3,440
$3,440 No related compNo other comp

Contractors

Allied Power Group LLC
Technical Consulting
$253,912
Darla Jean Ward Dba C D Delivery
Delivery
$155,738
Bdo USA LLP
Auditing and Tax
$112,805
Alpha Aviation LLC
Aerial
$108,766

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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