Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1951.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
19 people listed on the 990; $3.9M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Lee D Thibert | — | — | $398,731 | $655,598 | $902,595 |
| Arthur Miller | $551,718 | $543,779 | $418,612 | $277,396 | — |
| Matthew Clarkson | $388,439 | $364,720 | $317,814 | $306,148 | — |
| Brian Hickey | — | — | $183,969 | $383,297 | — |
| Brian J Hickey | — | — | — | — | $365,050 |
| Sherri Highers | $364,665 | $347,448 | $295,573 | $357,773 | — |
| Sheldon Naslund | $354,943 | $310,917 | $314,880 | — | — |
| Allan Rudeck | $351,872 | $185,639 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Chugach Electric Association INC is a member-serving organization based in Anchorage, AK, formed in 1948.
Questions for Chugach Electric Association INC
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $28.2M | $24.1M |
| InvestmentsLn 11–13 | $41.3M | $49.9M |
| Land, buildings, equipmentLn 10c | $1.53B | $1.57B |
| Total assetsLn 16 | $1.89B | $1.94B |
| LiabilitiesLn 26 | $1.67B | $1.71B |
| Net assetsLn 32 | $217.7M | $224.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2K | $2K | ||
| Grants to domestic individualsLn 2 | $101K | $101K | ||
| Benefits paid to or for membersLn 4 | $9.5M | $9.5M | ||
| Pay of current officers, directors and key staffLn 5 | $3.4M | $3.4M | ||
| InterestLn 20 | $48.7M | $48.7M | ||
| Depreciation, depletion and amortizationLn 22 | $66.6M | $66.6M | ||
| Other expenses (24a–d)Ln 24 | $217.8M | $169.8M | $48.0M | |
| All other expensesLn 24e | $21.0M | $21.0M | ||
| Total functional expensesLn 25 | $367.2M | $315.8M | $51.4M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $366.3M | $367.2M | −$898K | $224.4M | 990 PDF |
| FY2023 | $365.1M | $365.1M | $33K | $218.1M | 990 PDF |
| FY2022 | $355.2M | $355.1M | $37K | $212.3M | 990 PDF |
| FY2021 | $354.8M | $354.8M | $41K | $206.0M | 990 PDF |
| FY2020 | $237.9M | $237.6M | $316K | $198.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $366,259,489 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, no flags
Part VIII · Statement of revenue $366,259,489 across 7 lines filed
Part IX · Statement of functional expenses $367,157,220 across 8 lines filed
Part X · Balance sheet $1,938,323,142 assets, 15 lines filed
Part XI · Reconciliation of net assets $224,446,975 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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