Nonprofit · EIN 92-0007954
MATANUSKA ELECTRIC ASSOCIATION INC
Tax-exempt · PALMER, AK 99645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $182,136,592 | $182,136,592 | $0 | $671,991,536 | $459,534,491 | $212,457,045 |
| September 30, 2024 | 990 | $129,284,748 | $129,284,748 | $0 | $663,403,201 | $460,748,725 | $202,654,476 |
| December 31, 2023 | 990 | $166,127,735 | $166,127,735 | $0 | $648,703,351 | $451,411,897 | $197,291,454 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $181,367,269
- Investment income
- $282,966
- Net rental income
- -$5,313
- Net gain from sales of assets
- $121,653
- Other revenue
- $486,357
Expenses
- Grants and similar amounts paid
- $35,000
- Benefits paid to members
- $10,507,277
- Compensation of officers, directors and key employees
- $1,411,508
- Salaries, compensation and benefits (total)
- $1,411,508
- Professional fundraising fees
- $0
- Depreciation
- $25,681,390
Balance sheet and other
- Total assets, start of year
- $663,403,201
- Total assets, end of year
- $671,991,536
- Total liabilities, end of year
- $459,534,491
- Net assets, end of year
- $212,457,045
- Land, buildings and equipment
- $596,553,298
- Gross receipts
- $182,302,772
- Employees
- 269
- Volunteers
- 18
- Year formed
- 1941
- State of legal domicile
- AK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTHONY M IZZO | CHIEF EXECUTIVE OFFICER Key employee | 60 | $593,528 | $169,912 |
| MATTHEW J REISTERER | CHIEF FINANCIAL OFFICER Key employee | 50 | $364,959 | $348,157 |
| TONY ZELLERS | CHIEF OPERATING OFFICER Highest-paid employee | 60 | $354,587 | $270,736 |
| BRIAN J HICKEY | SENIOR ADVISOR TO THE CEO Highest-paid employee | 0 | $406,065 | $168,889 |
| EDWARD M JENKIN | CHIEF ENERGY TRANSF. OFFICER Highest-paid employee | 50 | $356,035 | $174,376 |
| JULIE ESTEY | CHIEF STRATEGY OFFICER Highest-paid employee | 50 | $318,188 | $133,594 |
| WYATT A SCHMIEGE | SUBFOREMAN LINEMAN Highest-paid employee | 66 | $298,678 | $73,307 |
| BILL KENDIG | PRESIDENT Trustee or director, Officer | 4 | $9,528 | $0 |
| DAN TUCKER | SECRETARY-TREASURER Trustee or director, Officer | 4 | $8,243 | $0 |
| MARK HAMM | DIRECTOR Trustee or director | 2 | $7,333 | $0 |
| MARK MASTELLER | DIRECTOR Trustee or director | 5 | $7,204 | $0 |
| ARTHUR KEYES | VICE PRESIDENT Trustee or director, Officer | 3 | $7,033 | $0 |
| ANASTASIA BURETTA | DIRECTOR Trustee or director | 3 | $6,600 | $0 |
| MAXWELL SUMNER | DIRECTOR Trustee or director | 3 | $6,267 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL KENDIG | PRESIDENT Trustee or director, Officer | 4 | $0 |
| MARK MASTELLER | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAN TUCKER | SECRETARY-TREASURER Trustee or director, Officer | 4 | $0 |
| MARK HAMM | DIRECTOR Trustee or director | 5 | $0 |
| ARTHUR KEYES | DIRECTOR Trustee or director | 3 | $0 |
| ANASTASIA BURETTA | DIRECTOR Trustee or director | 3 | $0 |
| MAXWELL SUMNER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTHONY M IZZO | CHIEF EXECUTIVE OFFICER Key employee | 60 | $633,607 | $162,257 |
| MATTHEW J REISTERER | CHIEF FINANCIAL OFFICER Key employee | 50 | $331,533 | $307,330 |
| BRIAN J HICKEY | SENIOR ADVISOR TO THE CEO Highest-paid employee | 0 | $420,161 | $169,430 |
| EDWARD M JENKIN | CHIEF ENERGY TRANSFORMATIO OFFICER Highest-paid employee | 50 | $324,520 | $161,306 |
| DAVID W ROBY | SUBFOREMAN LINEMAN Highest-paid employee | 69 | $321,506 | $83,210 |
| TONY G HARDWICK | JOURNEYMAN LINEMAN Highest-paid employee | 69 | $298,988 | $82,455 |
| WYATT A SCHMIEGE | SUBFOREMAN LINEMAN Highest-paid employee | 66 | $293,417 | $59,763 |
| BILL KENDIG | PRESIDENT Trustee or director, Officer | 4 | $9,163 | $0 |
| DAN TUCKER | SECRETARY-TREASURER Trustee or director, Officer | 5 | $8,300 | $0 |
| ARTHUR KEYES | DIRECTOR Trustee or director | 2 | $7,924 | $0 |
| MARK HAMM | DIRECTOR Trustee or director | 5 | $7,383 | $0 |
| MARK MASTELLER | VICE PRESIDENT Trustee or director, Officer | 5 | $7,317 | $0 |
| MAXWELL SUMNER | DIRECTOR Trustee or director | 2 | $6,733 | $0 |
| PETER BURCHELL | DIRECTOR THROUGH 5/8/23 Trustee or director | 1 | $3,833 | $0 |
| ANASTASIA BURETTA | DIRECTOR Trustee or director | 3 | $3,650 | $0 |
Address and contacts
- Address (IRS master file)
- 163 E INDUSTRIAL WAY, PALMER, AK 99645-6703
- Principal officer (990 for 2024)
- ARTHUR KEYES, 163 E INDUSTRIAL WAY, PALMER, AK 99645
- Signed the 990
- ARTHUR KEYES, PRESIDENT
- Phone
- (907) 761-3231
- Website
- WWW.MEA.COOP
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO PROVIDE SAFE RELIABLE ENERGY AT REASONABLE RATES WITH EXCEPTIONAL MEMBER SERVICE AND COMMITMENT TO THE COMMUNITY WE SERVE.
Program accomplishments
- ENERGY SALES TO 73,005 MEMBER CUSTOMERS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 92-0007954
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $671,991,536
- Income (IRS master file)
- $182,302,772
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $182,136,592 | $182,136,592 | $671,991,536 | XML |
| 990 | September 2024 | $129,284,748 | $129,284,748 | $663,403,201 | XML |
| 990 | December 2023 | $166,127,735 | $166,127,735 | $648,703,351 | XML |
| 990 | December 2022 | $162,949,434 | $162,949,434 | $632,665,151 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0007954).
Questions about MATANUSKA ELECTRIC ASSOCIATION INC
- What is the EIN of MATANUSKA ELECTRIC ASSOCIATION INC?
- The employer identification number (EIN) of MATANUSKA ELECTRIC ASSOCIATION INC is 92-0007954.
- Is MATANUSKA ELECTRIC ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
- Are donations to MATANUSKA ELECTRIC ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MATANUSKA ELECTRIC ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MATANUSKA ELECTRIC ASSOCIATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MATANUSKA ELECTRIC ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MATANUSKA ELECTRIC ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 names ARTHUR KEYES.
- Who are the officers and directors of MATANUSKA ELECTRIC ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 lists 14 people; 14 received compensation from the organization, the highest $593,528 (ANTHONY M IZZO, CHIEF EXECUTIVE OFFICER).
- How much revenue does MATANUSKA ELECTRIC ASSOCIATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $182,136,592, expenses of $182,136,592 and total assets of $671,991,536 at year end.
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