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Organizations Golden Valley Electric Association Inc

Golden Valley Electric Association Inc

Fiscal year ending 2021. Filed on November 16, 2022.

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 2021 IRS Form 990 filing, Golden Valley Electric Association Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 327 total employees. Among the employees shown here, the average compensation is $307,393. The highest compensated employee at Golden Valley Electric Association Inc is John Burns with fiscal year 2021 compensation of $492,711.

Revenue, expenses, and employee compensation

Revenue

$261,622,497

Expenses

$257,770,222

Employee compensation

$38,429,873
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Burns
President and Chief Executive Officer
$492,711
$347,027 No related comp$145,684
Ronald E Woolf
Chief Financial Officer
$365,390
$261,092 No related comp$104,298
Frank Perkins
Vice President, Operations
$357,444
$248,379 No related comp$109,065
Pete Sarauer
Power Systems Manager
$293,745
$198,442 No related comp$95,303
Daniel Bishop
Engineering Services Manager
$293,070
$189,041 No related comp$104,029
Richard Lusby
Healy Plant Manager
$269,867
$193,846 No related comp$76,021
David H Brown
Assistant Healy Plant Manager
$263,034
$179,924 No related comp$83,110
John H Kelly
Gas Turbine Plant Manager
$260,021
$189,728 No related comp$70,293
Joshua Davis
Operations Director
$243,519
$166,956 No related comp$76,563
Naomi Morton Knight
Director of Engineering Servic
$235,128
$157,078 No related comp$78,050

Benchmark Employee Compensation

Non-Employee Board Members

Thomas P Delong
Chair
$20,550
$20,550 No related compNo other comp
Gary C Newman
Secretary
$19,528
$19,528 No related compNo other comp
John K Sloan
Vice Chair
$18,825
$18,825 No related compNo other comp
David Pelunis-Messier
Treasurer
$16,625
$16,625 No related compNo other comp
Richard J Solie Jr
Director
$14,680
$14,680 No related compNo other comp
Christopher M Bunch
Director
$13,371
$13,371 No related compNo other comp
Bradley Jay Benson
Director
$10,440
$10,440 No related compNo other comp
Todd M Adams
Director
$5,782
$5,782 No related compNo other comp

Contractors

Alpha Aviation LLC
Aerial
$206,660
Stinson LLP
Legal
$199,165
Magtec Alaska LLC
Equipment
$173,842
Darla Jean Ward Dba C D Delivery
Delivery/Courier Svs
$171,396
Industrial Engineering LLC
Engineering
$154,595

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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