Chugach Electric Association Inc
501(c)(12)
86% goes to programs Strong reserves Declining revenue
Chugach Electric Association Inc is a 501(c)(12) organization based in Anchorage, Alaska, registered in 1951, with $277,038,846 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
Po Box 196300, Anchorage, AK, 99519 EIN 92-0014224 Since 1951
Revenue (FY2024)
$277.0M
▼ 24.1% vs prior year
Expenses (FY2024)
$277.0M
Net assets
$217.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% 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 Chugach Electric Association Inc: 86% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +0% 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 Chugach Electric Association Inc: 9 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Chugach Electric Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Chugach Electric Association Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
Financial trends
Revenue declined from $312.6M (FY2013) to $277.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.7BNet assets $217.7M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9B
Total liabilities
$1.7B
Net assets
$217.7M
Salaries & benefits
$2.7M
1% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $277,038,846▼24.1% | $277,015,149▼24.1% | $217,712,452▼0.2% | $1,886,824,613▲4.4% | 990 |
| 2023 | $365,107,538▲2.8% | $365,074,156▲2.8% | $218,061,053▲2.7% | $1,807,919,630▲2.3% | 990 |
| 2022 | $355,155,073▲0.1% | $355,118,164▲0.1% | $212,335,476▲3.1% | $1,767,579,590▼1.6% | 990 |
| 2021 | $354,827,268▲49.1% | $354,786,438▲49.3% | $206,000,938▲3.6% | $1,796,363,282▲4.3% | 990 |
| 2020 | $237,927,300▲11.6% | $237,611,008▲11.5% | $198,849,413▲2.4% | $1,721,736,947▲106% | 990 |
| 2019 | $213,242,696▲5.2% | $213,038,278▲5.2% | $194,282,461▲0.1% | $834,400,819▲0.7% | 990 |
| 2018 | $202,693,118▼10.1% | $202,488,101▼10.1% | $194,164,244▲2.9% | $828,290,138▼1.0% | 990 |
| 2017 | $225,426,527▲13.7% | $225,128,387▲13.8% | $188,764,845▲2.2% | $836,982,295▲0.2% | 990 |
| 2016 | $198,196,701▼8.7% | $197,749,666▼8.7% | $184,709,077▲2.4% | $835,349,682▲6.2% | 990 |
| 2015 | $216,996,150▼23.1% | $216,548,212▼23.1% | $180,413,168▲2.9% | $786,770,798▼2.2% | 990 |
| 2014 | $282,157,490▼9.7% | $281,708,215▼9.7% | $175,283,323▲0.9% | $804,069,645▼3.8% | 990 |
| 2013 | $312,563,712 | $312,105,234▲16.7% | $173,736,125▲5.8% | $836,124,298▲2.5% | 990 |
| 2012 | — | $267,447,328▼5.9% | $164,286,869▲3.8% | $815,495,547▼4.1% | 990 |
| 2011 | — | $284,084,425▲12.1% | $158,336,158▼0.1% | $850,034,389▲35.7% | 990 |
| 2010 | — | $253,471,170 | $158,529,252 | $626,414,696 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Allan Rudeck | Chief Strategic Officer | 40 | — |
| Andrew Laughlin | Chief Operating Officer | 40 | — |
| Arthur Miller | Chief Executive Officer | 40 | — |
| Bettina Chastain | Director | 6 | — |
| Dan Rogers | Director | 4 | — |
| Jim Nordlund | Director | 4 | — |
| Mark Wiggin | Director | 6 | — |
| Matthew Clarkson | Chief Legal Officer | 40 | — |
| Rachel Morse | Director | 9 | — |
| Samuel Cason | Director (thru 05/24) | 4 | — |
| Sherri Highers | Chief Financial Officer | 40 | — |
| Stainslava Cooper | Director | 7 | — |
| Susanne Green | Director | 5 | — |
| Tiffany Wilson | Chief Hr Officer | 40 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Hilcorp Energy LP DBA Hilcorp Alaska LLC | Gas Field & Transport | $81,353,624 |
| Cook Inlet Natural Gas Storage Ak LLC | Fuel Storage | $4,959,126 |
| Petrotechnical Resources Ak LLC | Consulting & Engineering | $1,345,080 |
| World Wide Technology LLC | Tech Products, Srvc & Solutions | $1,307,940 |
| Kendall Dealership Holdings LLC | Fleet Additions & Parts | $968,272 |
Grants made · $20K in FY2023
1 grant totaling $20K in FY2023. All grants made by Chugach Electric Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Alaska Joint Electrical Apprenticeship and Training Trust | Training | $20,250 |
Frequently asked questions
- Is Chugach Electric Association Inc a legitimate nonprofit?
- Yes. Chugach Electric Association Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 92-0014224, based in Anchorage, Alaska.
- What is Chugach Electric Association Inc's EIN?
- Chugach Electric Association Inc's Employer Identification Number (EIN) is 92-0014224.
- How much revenue does Chugach Electric Association Inc report?
- Chugach Electric Association Inc reported $277,038,846 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Chugach Electric Association Inc's spending goes to programs?
- Chugach Electric Association Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Chugach Electric Association Inc have?
- CharityIndex grades Chugach Electric Association Inc A, based on program efficiency and fundraising cost.
- How much does Chugach Electric Association Inc's highest-paid employee make?
- The highest reported compensation on Chugach Electric Association Inc's latest Form 990 is $0, paid to Allan Rudeck (Chief Strategic Officer).
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Data for Chugach Electric Association Inc (EIN 92-0014224) 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.