Overview

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Est.

1949

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NAKNEK ELECTRIC ASSOCIATION INC is a nonprofit organization dedicated to the generation and sale of electrical energy to the communities of Naknek, South Naknek, and King Salmon, Alaska. With an operating budget of $12.7 million and total revenue of $12.9 million for the 2024 filing year, the organization plays a crucial role in providing public utilities in the region. More information can be found on their website at www.naknekelectric.com.

Mission Statement

GENERATION AND SALE OF ELECTRICAL ENERGY TO THE COMMUNITIES OF NAKNEK, SOUTH NAKNEK AND KING SALMON, AK.
Revenues
$12.9M
Expenses
$12.7M
Net Income:
+$189.9K
Assets
$45.2M
Liabilities
$29.3M
Net Assets:
+$15.9M
Operating Budget
$12.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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N
Nanci Lyon
Board Member
E
Earl Hubb
Board Member
C
Cathryn Stiles
Board Member

Frequently Asked Questions

What is NAKNEK ELECTRIC ASSOCIATION INC’s budget?
In 2024, NAKNEK ELECTRIC ASSOCIATION INC reported an annual operating budget of around $12.7 million. More detailed financial information is available to registered users.
What causes does NAKNEK ELECTRIC ASSOCIATION INC support?
NAKNEK ELECTRIC ASSOCIATION INC supports work in Public utilities.
Where does NAKNEK ELECTRIC ASSOCIATION INC operate?
NAKNEK ELECTRIC ASSOCIATION INC is headquartered in Naknek, AK.
What is NAKNEK ELECTRIC ASSOCIATION INC’s reliance on government grants?
NAKNEK ELECTRIC ASSOCIATION INC relied on government grants for less than 5% of their total revenue in 2024.