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Filing year 2023

Homer Electric Association Inc

Homer, Alaska·EIN 92-0014079·501(c)(12)
Total revenue
$109M
Total assets
$268.1M
Total expenses
$108.9M
Reported officers
18
Mission

TO SAFELY PROVIDE RELIABLE ELECTRICITY TO OUR MEMBERS AND OUR COMMUNITY THROUGH SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
Above 90th percentile
$578k
$633k
Base
$381k
Bonus
Other
Benefits
$40k
Director of Cyber Security
Highest Compensated Employee
Above 90th percentile
$410k
$449k
Base
$254k
Bonus
Other
Benefits
$40k
Director of Administration
Highest Compensated Employee
Above 90th percentile
$404k
$443k
Base
$248k
Bonus
Other
Benefits
$40k
Dir of Power, Fuels & Dispatch
Highest Compensated Employee
Above 90th percentile
$398k
$436k
Base
$248k
Bonus
Other
Benefits
$40k
Director of Finance
Above 90th percentile
$352k
$386k
Base
$213k
Bonus
Other
Benefits
$39k
Director of Operations
Above 90th percentile
$341k
$373k
Base
$225k
Bonus
Other
Benefits
$39k
Director of Member Services
Highest Compensated Employee
75th to 90th percentile
$337k
$369k
Base
$222k
Bonus
Other
Benefits
$39k
Manager of Strategic Affairs
Former Officer/director/trustee
75th to 90th percentile
$328k
$358k
Base
$213k
Bonus
Other
Benefits
$39k
President
Below 10th percentile
$11k
$12k
Director
Board Member
25th percentile to median
$8k
$9k
Deputy Secretary
Officer (Unspecified)
$6k
$7k
Director
Board Member
25th percentile to median
$5k
$6k
Vice President
10th to 25th percentile
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Secretary/treasurer
Officer (Unspecified)
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Deputy Secretary Until May
Officer (Unspecified)
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about Homer Electric Association Inc

What does the General Manager of Homer Electric Association Inc earn?

In 2023, the General Manager of Homer Electric Association Inc received $577,886 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at Homer Electric Association Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the General Manager at Homer Electric Association Inc falls in the top 10%.

What are Homer Electric Association Inc's revenue and expenses?

In 2023, Homer Electric Association Inc reported $109M in total revenue and $108.9M in total expenses on its IRS Form 990.

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