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EIN 92-0014712

Golden Valley Electric Association

IRS 501(c) type
501(c)(12)
Num. employees
337
City
Fairbanks
State
Alaska
Year formed
1946
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
The Golden Valley Electric Association recognizes its importance to the economic, environmental and social viability of communities. Its mission is to safely provide member-owners with reliable electric service, quality customer service and innovative energy solutions. The Cooperative is located in Fairbanks, AK.
Total revenues
$290,488,698
2022
Total expenses
$286,809,541
2022
Total assets
$748,155,757
2022
Num. employees
337
2022

Program areas at Golden Valley Electric Association

Provide Electric power to approximately 36,302 members. All members were provided electricity on a cooperative basis through the allocations of patronage capital.

Grants made by Golden Valley Electric Association

GranteeGrant descriptionAmount
Helping AlaskaCharitable Contributions$50,000
United Way of the Tanana ValleyCharitable Contributions$23,003

Who funds Golden Valley Electric Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Alaska Rural Electric Cooperative Association Educational FoundationScholarships$25,750

Personnel at Golden Valley Electric Association

NameTitleCompensation
John J BurnsPresident and Chief Executive Officer$381,092
Ronald E Woolf TerminatedChief Financial Officer$58,575
Frank PerkinsVice President Operations / Vice President Power Supply$248,379
Joshua DavisOperations Director / Director of Operations$166,956
Joshua Davis TerminatedDirector of Operations$144,127
...and 23 more key personnel

Financials for Golden Valley Electric Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$25,750
Program services$286,831,204
Investment income and dividends$919,164
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$692,406
Net gain from sale of non-inventory assets$2,049,091
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$52,895
Miscellaneous revenues$-81,812
Total revenues$290,488,698

Form 990s for Golden Valley Electric Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-01-30990View PDF
...and 11 more Form 990s

Organizations like Golden Valley Electric Association

OrganizationLocationRevenue
Pioneer Electric CooperativeUlysses, KS$104,169,283
Southwest Louisiana Electric Membership CorporationLafayette, LA$295,781,574
Pioneer Rural Electric CooperativePiqua, OH$75,418,373
Dixie Electric Power AssociationLaurel, MS$116,271,239
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Powder River Energy CorporationSundance, WY$176,963,725
Choptank Electric CooperativeDenton, MD$164,513,922
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 8 new personnel
December 29, 2023
Used new vendors
Identified 2 new vendors, including , and
September 26, 2023
Received grants
Identified 1 new grant, including a grant for $25,750 from Alaska Rural Electric Cooperative Association Educational Foundation
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government fundingProvides scholarships
General information
Address
758 Illinois St
Fairbanks, AK 99701
Metro area
Fairbanks, AK
County
Fairbanks North Star Borough, AK
Website URL
gvea.com/?doing_wp_cron=1612754511.1300649642944335937500 
Phone
(907) 452-1151
IRS details
EIN
92-0014712
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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