2024-10-31T18:25:59-05:00 2023-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2023-01-01 920021979 KOTZEBUE ELECTRIC ASSOCIATION INC KOTZ 9074423491 PO BOX 44 KOTZEBUE AK 99752 TOM ATKINSON CEO/GENERAL MANAGER 9074423491 2024-10-31 1 1 RYAN M JOHNSON CPA P01048788 5035857774 2024-10-31 2023 2024-10-15 13:58:12Z TOM ATKINSON PO BOX 44 KOTZEBUE AK 99752 8853803 0 X HTTP://WWW.KEA.COOP/ X 1950 AK PROVIDE ENERGY RESOURCES TO MEMBERS. 9 9 17 0 0 0 0 0 7670269 8786673 7655 3079 96825 64051 7774749 8853803 0 0 0 0 574543 517537 0 0 0 7066275 8690379 7640818 9207916 133931 -354113 18352022 17710469 10698246 10410616 7653776 7299853 X PROVIDE ENERGY RESOURCES TO MEMBERS. 0 0 SERVED THE KOTZEBUE AREA RESIDENTS AND BUSINESSES BY PROVIDING ENERGY RESOURCES. SERVED THE KOTZEBUE AREA RESIDENTS AND BUSINESSES BY PROVIDING ENERGY RESOURCES. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 17 1 0 0 0 0 0 0 0 8786673 67130 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 AK X MLADEN BEGOJEVIC 9074423491 PO BOX 44 KOTZEBUE AK 99752 PIERRE ALAN LONEWOLF SECRETARY 1.00 X X 11500 0 0 HAROLD D LAMBERT PRESIDENT 1.00 X X 8250 0 0 DOMINIC D IVANOFF VICE PRESIDENT 1.00 X X 8475 0 0 HAROLD L SHORT BOARD MEMBER 1.00 X 5275 0 0 CHARLES BRETT CONNOR BOARD MEMBER 1.00 X 8600 0 0 REID MAGDANZ TREASURER 1.00 X X 6275 0 0 WAYNE A HOGUE II BOARD MEMBER 1.00 X 2200 0 0 CHAD NORDLUM BOARD MEMBER 1.00 X 4000 0 0 LORI JORGENSON BOARD MEMBER 1.00 X 0 0 0 PAUL HANSEN BOARD MEMBER 1.00 X 0 0 0 CRAIG MCCONNELL BOARD MEMBER 1.00 X 8025 0 0 MARTIN SHROYER CEO 44.00 X 158429 0 30513 THOMAS ATKINSON CEO 44.00 X 117806 0 48826 MATTHEW I BERGAN ENGINEER 44.00 X 171253 0 87594 JOHNNIE R JONES PLANT FOREMAN 44.00 X 188693 0 38409 GARRETH W HOWARTH LINE FOREMAN 44.00 X 168087 0 37988 GLENN CONWELL JOURNEYMAN LINEMAN 44.00 X 111561 0 32528 978429 0 275858 6 0 1 0 ALASKA NATIVE RENEWABLE INDUSTRIES PO BOX 33 HUSLIA AK 99746 SOLAR TRANSITION 1219762 CANNON TECHNOLOGIES INC 3033 CAMPUS DRIVE STE 350N MINNEAPOLIS MN 55441 METER INSTALLATION 269185 LAUNCH ALASKA 2550 DENALI ST STE 706 ANCHORAGE AK 99503 METER INSTALLATION 197737 ELECTRIC POWER SYSTEMS 4020 148TH AVE NE C REDMOND WA 98052 SOLAR TRANSITION 164054 4 ELECTRIC SERVICE FEES 221000 8786673 8786673 8786673 3079 3079 PATRONAGE CAPITAL 900099 64051 64051 64051 8853803 8850724 0 3079 418174 90114 9249 71406 157287 35856 9332 94010 179806 41940 242908 235518 998351 26398 POWER PRODUCTION 5815651 DISTRIBUTION 339456 CONSUMER ACCOUNTS 287702 ADMINISTRATIVE & GENERA 144005 10753 9207916 800779 401755 334012 166385 932905 753556 1154762 1203179 4229889 3765591 992365 2369364 30248088 23807834 7901054 6440254 1807067 1845503 199189 764882 18352022 17710469 533143 570817 43880 206638 6840873 6195648 3098840 2700000 181510 737513 10698246 10410616 X 8371 8090 128824 46870 7516581 7244893 7653776 7299853 18352022 17710469 X -354113 190 X 0 1 X 1 0 106909 106909 30141179 23807834 6333345 6440254 INVESTMENTS IN ASSOCIATED ORG 1845503 C 1845503 CONSUMER DEPOSITS 170191 LEASE LIABILITIES 567322 737513 X 8853096 0 8853096 707 707 8853803 9207209 0 9207209 707 707 9207916 PART X, LINE 2: THE ASSOCIATION FOLLOWS GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE ASSOCIATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THE ASSOCIATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND THERE WERE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS IN 2023 OR 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL 707. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL 707. X X 0 0 0 MATTHEW I BERGAN ENGINEER 171253 0 0 0 0 0 87594 0 0 0 258847 0 0 0 JOHNNIE R JONES PLANT FOREMAN 188693 0 0 0 0 0 38409 0 0 0 227102 0 0 0 GARRETH W HOWARTH LINE FOREMAN 168087 0 0 0 0 0 37988 0 0 0 206075 0 0 0 MARTIN SHROYER CEO 158429 0 0 0 0 0 30513 0 0 0 188942 0 0 0 THOMAS ATKINSON CEO 117806 0 0 0 0 0 48826 0 0 0 166632 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS ORGANIZED TO PROVIDE ELECTRIC SERVICE TO MEMBER RESIDENTS AND BUSINESSES IN THE KOTZEBUE AREA AND OPERATES ON A NOT-FOR-PROFIT BASIS. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS OF THE GOVERNING BOARD ARE ELECTED BY MEMBERS TO REPRESENT THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B ANY AMENDMENTS TO THE BYLAWS BY THE BOARD OF DIRECTORS ARE SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIVING THE PREPARED FORM 990 FROM THE ACCOUNTING FIRM, THE GENERAL MANAGER AND BOARD PRESIDENT REVIEW THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL FINANCIAL INTEREST IN ENTITIES THAT COMPETE WITH OUR ORGANIZATION OR POSE A CONFLICT OF INTEREST, OR HAVE BEEN EMPLOYED BY OR SHARED A MATERIAL FINANCIAL INTEREST WITH ANOTHER DIRECTOR. THIS DISCLOSURE INFORMATION IS PART OF THE DIRECTOR CANDIDATE ELIGIBILITY CHECKLIST. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER/CEO UTILIZES THE NATIONAL COMPENSATION SURVEY INFORMATION FROM NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) TO ESTABLISH MARKET ON MANAGEMENT AND OTHER EXEMPT POSITIONS, THE BOARD OF DIRECTORS ALSO REVIEWS AND UTILIZES THE NRECA DATA WHEN SETTING THE GENERAL MANAGER/CEO COMPENSATION. MANAGEMENT STAFF AND IBEW REPRESENTATIVES NEGOTIATE CONTRACT CHANGES FOR OUTSIDE UNION POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIPS 190.