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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 2019. Filed on November 16, 2020.

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 2019 IRS Form 990 filing, Valley Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 17 out of 181 total employees. Among the employees shown here, the average compensation is $281,324. The highest compensated employee at Valley Electric Association Inc. is Nathan Johnson with fiscal year 2019 compensation of $435,529.

Revenue, expenses, and employee compensation

Revenue

$84,469,530

Expenses

$89,328,449

Employee compensation

$16,028,399
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nathan Johnson
Executive Vice President Broadband
$435,529
$241,946 No related comp$193,583
Bart Thurgood
Executive Vice President Human Resources
$430,424
$292,317 No related comp$138,107
Angela Evans
CEO (Jan-July)
$364,309
$309,330 No related comp$54,979
Steve Morrison
Chief Financial Officer
$329,224
$244,405 No related comp$84,819
Richard Peck
Chief Executive Officer
$316,021
$313,521 No related comp$2,500
Michael Hengel
Executive Vice President Communcation and REG Affairs
$304,000
$205,814 No related comp$98,186
James Andresen
Operations Manager
$302,404
$192,901 No related comp$109,503
Tom Husted
CEO (Jan)
$301,646
$287,508 No related comp$14,138
Mindy Morrow
Controller
$296,661
$167,520 No related comp$129,141
Christopher Tomchuk
Director of Trans Energy Services
$282,141
$179,326 No related comp$102,815
Benjamin Veloz
Journeyman Lineman
$253,657
$155,691 No related comp$97,966
Joe Fieldsted
MGR of Safety/Health/Environment
$241,041
$158,047 No related comp$82,994

Benchmark Employee Compensation

Non-Employee Board Members

David Dawson
Secretary (Jan-Nov)
$24,400
$24,400 No related compNo other comp
Terrie D'Antonio
Secretary
$20,800
$20,800 No related compNo other comp
Michelle Caird
Vice President
$19,900
$19,900 No related compNo other comp
David Hall
Director (Jan-Sep)
$14,400
$14,400 No related compNo other comp
Rick Johnson
Vice President (Jan-Aug)
$13,900
$13,900 No related compNo other comp
Pete Gazsy
Assistant Secretary (Jan-May)
$8,800
$8,800 No related compNo other comp
John Maurer
President (Jan-Mar)
$7,200
$7,200 No related compNo other comp
Ken Derschan
Treasurer (Jan-May)
$7,200
$7,200 No related compNo other comp
Rob Shirley
Treasurer
$7,100
$7,100 No related compNo other comp
Bonnie Groenert
Director
$4,350
$4,350 No related compNo other comp
Robin Barber
Director
$1,500
$1,500 No related compNo other comp

Contractors

Par Electrical Contractors Inc.
Line Construction
$1,432,576
Jaco Construction Inc.
Line Construction
$856,558
Davison Van Cleve PC
Attorney Fees
$581,003
Pride Communications Inc.
Fiber Installation
$298,982
Hdr
Engineering
$267,063

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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