Nuvista Light & Electric Cooperative Inc
Only null% goes to programs Strong reserves Declining revenue
Nuvista Light & Electric Cooperative Inc is a 501(c)(3) organization based in Bethel, Alaska, registered in 2021, with $220,494 in FY2023 revenue. CharityIndex grades it D.
Po Box 2925, Bethel, AK, 99559 EIN 45-2575211 Since 2021
Revenue (FY2023)
$220K
▼ 83.4% vs prior year
Community median: $184K
Expenses (FY2023)
$308K
Net assets
$4.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Nuvista Light & Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating175 mo reserves · -40% 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 Nuvista Light & Electric Cooperative Inc: 175 mo reserves · -40% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Nuvista Light & Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Nuvista Light & Electric Cooperative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 2925, Bethel, AK, 99559
- City
- Bethel
- State
- Alaska
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $675K (FY2014) to $220K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $15KNet assets $4.5M
Operating margin
-39.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$15K
Net assets
$4.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $220,494▼83.4% | $307,800▼15.0% | $4,487,748▼1.9% | $4,502,631▼3.4% | 990 |
| 2022 | $1,326,329▼25.5% | $362,311▼8.7% | $4,575,054▲26.7% | $4,661,224▲26.4% | 990 |
| 2021 | $1,779,234▲344% | $397,026▼6.8% | $3,611,036▲8196% | $3,689,100▲3654% | 990 |
| 2019 | $400,401▼3.9% | $425,779▲0.9% | $43,528▼52.4% | $98,269▼18.9% | 990 |
| 2017 | $416,580▲46.1% | $421,928▲42.8% | $91,360▼5.5% | $121,226▼4.5% | 990 |
| 2016 | $285,153▼58.4% | $295,389▼57.1% | $96,708▼9.6% | $126,953▼17.0% | 990 |
| 2015 | $684,920▲1.5% | $688,046▼1.6% | $106,944▼2.8% | $152,866▲0.3% | 990 |
| 2014 | $674,720 | $699,532 | $110,070 | $152,395 | 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.
Grants received · $34K total
1 grant to Nuvista Light & Electric Cooperative Inc totaling $34K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Alaska Native Tribal Health Consortium | Electricity and energy | 2023 | $34,027 |
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Frequently asked questions
- Is Nuvista Light & Electric Cooperative Inc a legitimate nonprofit?
- Yes. Nuvista Light & Electric Cooperative Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2575211, based in Bethel, Alaska. Donations are tax-deductible.
- What is Nuvista Light & Electric Cooperative Inc's EIN?
- Nuvista Light & Electric Cooperative Inc's Employer Identification Number (EIN) is 45-2575211.
- How much revenue does Nuvista Light & Electric Cooperative Inc report?
- Nuvista Light & Electric Cooperative Inc reported $220,494 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Nuvista Light & Electric Cooperative Inc have?
- CharityIndex grades Nuvista Light & Electric Cooperative Inc D, based on financial health (reserves and operating margin).
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Data for Nuvista Light & Electric Cooperative Inc (EIN 45-2575211) 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.