Alaska Electrical Health and Welfare Fund
501(c)(9)
100% goes to programs
Alaska Electrical Health and Welfare Fund is a 501(c)(9) organization based in Anchorage, Alaska, registered in 1963, with $80,793,281 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
701 E Tudor Rd Ste 200, Anchorage, AK, 99503 EIN 92-6001972 Since 1963
Revenue (FY2024)
$80.8M
▼ 3.7% vs prior year
Expenses (FY2024)
$76.7M
Net assets
$21.4M
Employees
54
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Alaska Electrical Health and Welfare Fund: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alaska Electrical Health and Welfare Fund: 3 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Alaska Electrical Health and Welfare Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alaska Electrical Health and Welfare Fund: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide and maintain health and welfare benefits
What they do
Group insurance premiums for life, ad&d, and stop loss coverage
Decrease in estimated liability for future benefits based on participants accumulated eligibility and liability for claims payable and incurred but not yet reported
Contact & location
Financial trends
Revenue grew from $67.5M (FY2013) to $80.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $35.0MNet assets $21.4M
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56.4M
Total liabilities
$35.0M
Net assets
$21.4M
Salaries & benefits
$1.5M
2% of expenses
Board members
10
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,793,281▼3.7% | $76,654,842▼7.9% | $21,374,419▲25.9% | $56,366,852▲7.8% | 990 |
| 2023 | $83,931,905▲4.0% | $83,254,113▲7.7% | $16,976,689▲8.7% | $52,309,118▲10.7% | 990 |
| 2022 | $80,727,362▲4.5% | $77,301,352▲0.4% | $15,623,526▲21.3% | $47,270,729▲6.2% | 990 |
| 2021 | $77,262,763▲1.5% | $76,968,523▲11.4% | $12,876,862▼0.8% | $44,499,503▲4.2% | 990 |
| 2020 | $76,135,058▼1.7% | $69,110,817▼5.4% | $12,980,874▲129% | $42,724,440▲19.5% | 990 |
| 2019 | $77,469,762▲6.4% | $73,083,927▲5.1% | $5,680,285▲411% | $35,763,705▲20.9% | 990 |
| 2018 | $72,810,200▲4.0% | $69,534,072▲4.3% | $1,111,719▼27.5% | $29,586,507▲15.1% | 990 |
| 2017 | $69,989,333▼1.6% | $66,694,976▼3.3% | $1,533,178▲188% | $25,708,751▼5.5% | 990 |
| 2016 | $71,140,742▲0.7% | $68,962,260▲3.0% | -$1,743,997▲55.5% | $27,191,244▲19.6% | 990 |
| 2015 | $70,627,910▼0.2% | $66,938,354▼6.2% | -$3,921,085▲48.4% | $22,728,482▲11.7% | 990 |
| 2014 | $70,778,606▲4.8% | $71,361,947▲5.5% | -$7,594,957▼8.4% | $20,345,637▲8.6% | 990 |
| 2013 | $67,513,348 | $67,629,379▲5.8% | -$7,009,539▼45.1% | $18,742,539▼3.5% | 990 |
| 2011 | — | $63,939,439▲18.2% | -$4,832,182▼1748% | $19,427,963▼8.0% | 990 |
| 2010 | — | $54,108,256 | -$261,445 | $21,124,541 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Laurie Butcher — $102,091 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Laurie Butcher | Administrato | 21 | $102,091 |
| G Robert Garcia | Administrato | 21 | $79,146 |
| Catherine Laurio | Controller | 15 | $56,487 |
| Alan Growden | Trustee | 1 | — |
| Andrew Biden | Trustee - PA | 1 | — |
| Blair Christensen | Trustee - PA | 1 | — |
| Diana Ruhl | Trustee | 1 | — |
| Doug Tansy | Trustee | 1 | — |
| Elliott Marlow | Trustee | 1 | — |
| Larry Bell | Trustee | 1 | — |
| Matthew Rumery | Trustee | 1 | — |
| Naomi Hewitt | Trustee | 1 | — |
| Nathen Maki | Trustee | 1 | — |
| Pamela Cline | Trustee | 1 | — |
| Paul Lantz | Trustee | 1 | — |
| Vince Beltrami | Trustee - PA | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Aetna | Claims Pyr Ntwk | $830,576 |
| Zenith American Solutions | Third Party Adm | $338,481 |
| Zelis Claims Integrity Inc | Network Review | $232,622 |
| Health Care Cost Management Coop | Contract Nego. | $184,886 |
| Renalogic | Provider | $175,536 |
Frequently asked questions
- Is Alaska Electrical Health and Welfare Fund a legitimate nonprofit?
- Yes. Alaska Electrical Health and Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 92-6001972, based in Anchorage, Alaska.
- What is Alaska Electrical Health and Welfare Fund's EIN?
- Alaska Electrical Health and Welfare Fund's Employer Identification Number (EIN) is 92-6001972.
- How much revenue does Alaska Electrical Health and Welfare Fund report?
- Alaska Electrical Health and Welfare Fund reported $80,793,281 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Alaska Electrical Health and Welfare Fund's spending goes to programs?
- Alaska Electrical Health and Welfare Fund spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Alaska Electrical Health and Welfare Fund have?
- CharityIndex grades Alaska Electrical Health and Welfare Fund A, based on program efficiency and fundraising cost.
- How much does Alaska Electrical Health and Welfare Fund's highest-paid employee make?
- The highest reported compensation on Alaska Electrical Health and Welfare Fund's latest Form 990 is $102,091, paid to Laurie Butcher (Administrato).
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Data for Alaska Electrical Health and Welfare Fund (EIN 92-6001972) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.