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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 Valley Electric Association Inc.

Valley Electric Association Inc.

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

PO Box 237
Pahrump, Nevada 89041

Valley Electric Association Inc. (EIN: 88-0089964) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2018 IRS Form 990 filing, Valley Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 20 out of 208 total employees. Among the employees shown here, the average compensation is $326,155. The highest compensated employee at Valley Electric Association Inc. is Tom Husted with fiscal year 2018 compensation of $854,874.

Revenue, expenses, and employee compensation

Revenue

$111,954,876

Expenses

$126,137,918

Employee compensation

$18,121,800
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tom Husted
CEO (Jan-May)
$854,874
$642,745 No related comp$212,129
Kenneth Johnson
Executive Vice President Business DEV and Customer Service
$474,049
$375,954 No related comp$98,095
Nathan Johnson
Executive Vice President Broadband
$438,981
$248,015 No related comp$190,966
Bart Thurgood
Executive Vice President Human Resources
$401,004
$279,780 No related comp$121,224
Angela Evans
Chief Executive Officer
$377,490
$296,011 No related comp$81,479
Ramon Abueg
Chief Operating Officer
$326,590
$238,075 No related comp$88,515
Kathryn McKenna
COO (Jan-April)
$304,388
$262,442 No related comp$41,946
Michael Hengel
Executive Vice President Communications and REG Affairs
$302,757
$200,604 No related comp$102,153
James Andresen
Operations Manager
$302,614
$177,163 No related comp$125,451
Steve Morrison
Chief Financial Officer
$299,552
$220,397 No related comp$79,155
Mindy Morrow
Controller
$288,652
$161,559 No related comp$127,093
Christopher Tomchuk
Director of Transmission Energy SVC
$282,209
$176,925 No related comp$105,284

Benchmark Employee Compensation

Non-Employee Board Members

Pete Gazsy
Assistant Secretary
$30,200
$30,200 No related compNo other comp
David Dawson
Secretary
$30,200
$30,200 No related compNo other comp
Ken Derschan
Treasurer
$30,200
$30,200 No related compNo other comp
John Maurer
President
$27,700
$27,700 No related compNo other comp
Rick Johnson
Vice President
$27,700
$27,700 No related compNo other comp
David Hall
Director
$24,600
$24,600 No related compNo other comp

Contractors

Jaco Construction Inc.
Line Construction
$1,073,145
Hdr
Engineering
$943,697
Sturgeon Electric
Line Construction
$910,332
Par Electrical Contractors Inc.
Line Construction
$813,923
Davison Van Cleve PC
Attorney Fees
$613,377

Mission Statement

TO PROVIDE QUALITY AND RELIABLE ELECTRIC AND INTERNET SERVICE TO MEMBERS OF THE COOPERATIVE.

Revisions to this organization profile

November 13, 2025:
2024 Valley Electric Association Inc. 990 filed
November 15, 2024:
2023 Valley Electric Association Inc. 990 filed
November 15, 2023:
2022 Valley Electric Association Inc. 990 filed

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