2025-09-08T13:52:30-05:00 2024-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2024-01-01 920021979 KOTZEBUE ELECTRIC ASSOCIATION INC KOTZ 9074423491 PO BOX 44 KOTZEBUE AK 99752 TOM ATKINSON CEO/GENERAL MANAGER 9074423491 2025-08-28 1 1 RYAN M JOHNSON CPA P01048788 5035857774 2025-08-28 2024 2025-03-06 01:10:19Z TOM ATKINSON PO BOX 44 KOTZEBUE AK 99752 9573302 0 X HTTP://WWW.KEA.COOP/ X 1950 AK PROVIDE ENERGY RESOURCES TO MEMBERS. 9 9 23 0 0 0 0 0 8786673 9362754 3079 0 64051 210548 8853803 9573302 0 0 0 0 517537 727832 0 0 0 8690379 9165250 9207916 9893082 -354113 -319780 17710469 17418563 10410616 10438295 7299853 6980268 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 16 0 23 1 0 0 0 0 0 0 0 9362754 210548 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 THOMAS ATKINSON CEO 44.00 X 164233 0 17996 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 866427 0 214515 8 0 1 0 MARINE SYSTEMS 801 NW 42ND ST SUITE SEATTLE WA 98107 PLANT REPAIR AND MAINTENANCE SERVICES 183764 EWT AMERICAS INC LINDEBOOMSEWEG 51 3825 AL AMERSFOO AMERSFOORT NL WIND TURBINE REPAIR AND MAINTENANCE SERV 153421 ELECTRIC POWER SYSTEMS 4020 148TH AVE NE C REDMOND WA 98052 KOTZEBUE COMMUNITY SCALE ENERGY STORAGE 121005 NC MACHINERY 6450 ARCTIC BLVD ANCHORAGE AK 99518 HEAVY EQUIPMENT REPAIR AND MAINTENANCE, 119958 4 ELECTRIC SERVICE FEES 221000 9362754 9362754 9362754 PATRONAGE CAPITAL 900099 210548 210548 210548 9573302 9573302 0 0 244830 472695 10307 59740 174798 60208 3073 61582 190164 45585 207454 243731 963830 23003 POWER PRODUCTION 5927329 DISTRIBUTION 613321 CONSUMER ACCOUNTS 386835 ADMINISTRATIVE & GENERA 193251 11346 9893082 401755 407660 166385 201241 753556 221241 1203179 1455354 3765591 3415252 2369364 2911975 30719529 24771666 6440254 5947863 1845503 2024462 764882 833515 17710469 17418563 570817 545088 206638 243616 6195648 5697128 2700000 3248627 737513 703836 10410616 10438295 X 8090 8285 46870 46869 7244893 6925114 7299853 6980268 17710469 17418563 X -319780 195 X 0 1 X 1 0 106909 106909 30612620 24771666 5840954 5947863 INVESTMENTS IN ASSOCIATED ORG 2024462 C 2024462 CONSUMER DEPOSITS 174446 LEASE LIABILITIES 529390 703836 X 9573302 0 9573302 0 9573302 9893082 0 9893082 0 9893082 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 2024 OR 2023. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL 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 THOMAS ATKINSON CEO 164233 0 0 0 0 0 17996 0 0 0 182229 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 195.