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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 Naknek Electric Association Inc.

Naknek Electric Association Inc.

Fiscal year ending 2018. Filed on November 15, 2019.

PO Box 118
Naknek, Alaska 99633

Naknek Electric Association Inc. (EIN: 92-0027674) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Naknek Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 3 out of 30 total employees. Among the employees shown here, the average compensation is $144,922. The highest compensated employee at Naknek Electric Association Inc. is Dianne King with fiscal year 2018 compensation of $161,914.

Revenue, expenses, and employee compensation

Revenue

$10,153,861

Expenses

$9,972,673

Employee compensation

$169,818
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dianne King
General Manager
$161,914
$118,664 No related comp$43,250
Darrell Aspelund
Plant Foreman
$141,100
$114,558 No related comp$26,542
Mark Federico
Line Foreman
$131,753
$105,927 No related comp$25,826

Benchmark Employee Compensation

Non-Employee Board Members

Lisa Anderson
Secretary and Treasurer
$2,026
$1,650 No related comp$376
Dale Peters
Director
$1,876
$1,500 No related comp$376
Richard Sherman
Director
$976
$600 No related comp$376
Tim McDermott
Vice President
$976
$600 No related comp$376
Nanci Lyon
President
$901
$525 No related comp$376
Earl Hubb
Director
$600
$600 No related compNo other comp
Susan Edwards
Director
$550
$550 No related compNo other comp
Calvin Riddle
Director
No compensation reported

Contractors

Weiss Consulting Service
Engineering
$297,334
Huber Consulting Group
Financial Consulting
$105,878

Mission Statement

GENERATION AND SALE OF ELECTRICAL ENERGY TO THE COMMUNITIES OF NAKNEK, SOUTH NAKNEK AND KING SALMON, AK.

Revisions to this organization profile

May 6, 2025:
2024 Naknek Electric Association Inc. 990 filed
May 14, 2024:
2023 Naknek Electric Association Inc. 990 filed
October 23, 2023:
2022 Naknek Electric Association Inc. 990 filed

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