Barrow Utilities & Electric Coopera EIN 92-0031346 Form 990 (PDF) Claim this org

Barrow Utilities & Electric Coopera

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Provides water, sewer, electric power, and natural gas to residents of Barrow, Alaska. For fiscal year 2024 it reported $33.4M in revenue, $33.2M in expenses, and $25.7M in net assets.Pt I

Founded
1964
Type
Mutual-benefit / member-serving · Nonprofit
Location
Barrow, AK
Website
www.bueci.org
Filings
5 on file (2020–2024)
Revenue
$33.4MFY2024
Expenses
$33.2M
Net assets
$25.7M
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  92-0031346 Mutual-benefit / member-serving Barrow, AK Founded 1964
Form 990 (PDF)
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Figures match the IRS filing checked 8/7/26 · see original: IRS
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Size
$10–100M
What they do
Provides water, sewer, electric power, and natural gas to residents of Barrow, Alaska.
Leadership
Aniseko Unutoa · Bus Superintendent · $231K
Money in and out
$33.4M revenue, $33.2M expenses
Bottom line
+0.7% surplus margin
Reported financial activity · FY2024
Total revenue
$33.4M
Pt VIII · Ln 12
Total expenses
$33.2M
Pt IX · Ln 25
Net assets
$25.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $219K
Surplus margin
+0.7%
revenue over expenses, this year▼ -85% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$33.4M
FY2024▲ +0.9%
Expenses
$33.2M
FY2024▲ +5%
Total assets
$50.8M
FY2024▼ -2%
Total liabilities
$25.1M
FY2024▼ -5%
Total revenue
$33.4M
Pt VIII · Ln 12
Total expenses
$33.2M
Pt IX · Ln 25
Net assets
$25.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$219K
Total assetsPt X · Ln 16$50.8M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Provide water, sewer, electric power, and natural gas to the residents of Barrow, Alaska.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBarrow Utilities & Electric Coopera
EINHdr · item D92-0031346
Principal addressHdr · item CBarrow, AK
WebsiteHdr · item Jwww.bueci.org
Year of formationHdr · item L1964
State of legal domicileHdr · item MAK
Exempt statusHdr · item I501(c)(12) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1976

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Bus Superintendent
$230,812Pt VII · Sec A
General Manager
$225,767Pt VII · Sec A
Gas Superintendent
$216,287Pt VII · Sec A
Chief Financial Officer
$206,173Pt VII · Sec A
$203,604Pt VII · Sec A
Bus Assistant Superintendent
$199,998Pt VII · Sec A
Secretary
$25,475Pt VII · Sec A
$22,075Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ben Frantz$268,794
Timothy Russell$260,699$230,617$249,247$221,104
Rochelle Markle$203,150$233,611
Aniseko Unutoa$230,812$212,534$192,571$176,698
Yves Brower$225,767$191,732$190,614$170,857
Herman Reich JR$216,287
Melbourne Hutchison$209,347
Albert Crooks$208,859

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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Statement of Revenue

Part VIII
Program service revenue$33.1M · 99%
Investment income$286K · 1%
Program service revenue99%$33.1M
Investment income1%$286K
Other revenue$28K
Total revenueLn 12$33.4M

Balance Sheet

Part X · end of year
CashLn 1$3.1M
Total assetsLn 16$50.8M
Total liabilitiesLn 26$25.1M
Total net assetsLn 32$25.7M
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses/yr $33.2M
1.1 months
Where the money goes
Program services
Program services — · Total expenses $33.2M
Management & General
Management & general — · Total expenses $33.2M
Fundraising
Fundraising — · Total expenses $33.2M
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $33.4M
0%
Government reliance
Government grants — · Total revenue $33.4M
Earned-income share
Program service revenue $33.1M · Total revenue $33.4M
99%
Investment reliance
Investment income $286K · Total revenue $33.4M
+0.9%
Program self-sufficiency
Program service revenue $33.1M · Total expenses $33.2M
100%
Growth & trend
Revenue growth (YoY)
This year $33.4M · Prior year $33.1M
+0.9%
Revenue CAGR
FY2020 $28.6M · FY2024 $33.4M
+4%
Net-asset trend (YoY)
End of year $25.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $33.4M · Expenses $33.2M
+0.7%
Liabilities-to-Assets
Total liabilities — · Total assets $50.8M
Net-asset ratio
Net assets $25.7M · Total assets $50.8M
51%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $50.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Aniseko Unutoa · Reported title BUS Superintendent · Highest reported compensation $231K · Total expenses $33.2M
0.7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $916K · Total expenses $33.2M
3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 0.9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 16 grants · $202K · 2020–2024
North Slope Borough School DistrictFY2024$32,080
Native Village of BarrowFY2024$11,500
North Slope Borough School DistrictFY2023$23,500
Native Village of BarrowFY2023$11,000
Barrow Whalers Athletic FoundationFY2022$20,000
North Slope Borough School DistrictFY2022$18,469
Native Village of BarrowFY2022$18,274
Barrow High SchoolFY2021$10,000
New Beginnings Church of GodAK · FY2021$6,474
Barrow Whalers Athletic FoundationFY2021$6,000
Native Village of BarrowFY2020$10,000
Barrow High SchoolFY2020$6,700
Hopson Middle SchoolFY2020$6,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$33.4M revenue · viewing · ⤓ 990 PDF
FY2023$33.1M revenue · ⤓ 990 PDF
FY2022$30.8M revenue · ⤓ 990 PDF
FY2021$30.8M revenue · ⤓ 990 PDF
FY2020$28.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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