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Filing year 2024

Kodiak Electric Association Inc

Kodiak, Alaska·EIN 92-0010172·12
Total revenue
$28M
Total assets
$179.1M
Total expenses
$24.1M
Reported officers
17
Mission

KODIAK ELECTRIC ASSOCIATION, INC. IS COMMITTED TO PROVIDE SAFE, RELIABLE ENERGY, AND A HIGH LEVEL OF SERVICE EXCELLENCE, TO ENHANCE THE QUALITY OF LIFE OF ITS MEMBERS AND OF ITS COMMUNITY.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

President/ceo, 01/01-06/28
$648k
$690k
Base
$480k
Bonus
Other
Benefits
$38k
President/ceo - As of 06/28
$345k
$368k
Base
$244k
Bonus
Other
Benefits
$20k
Operations Manager
highest compensated employee
$338k
$360k
Base
$220k
Bonus
Other
Benefits
$37k
Power Generation Technician
highest compensated employee
$252k
$268k
Base
$198k
Bonus
Other
Benefits
$26k
Generations Manager
highest compensated employee
$250k
$266k
Base
$195k
Bonus
Other
Benefits
$5k
Line Foreman
highest compensated employee
$249k
$265k
Base
$196k
Bonus
Other
Benefits
$27k
Power Generation Technician
highest compensated employee
$242k
$258k
Base
$189k
Bonus
Other
Benefits
$26k
Manager of Finance
officer (unspecified)
$97k
$103k
Director
board member
$16k
$17k
Chairman
board chair
$15k
$16k
Vice-chairman
officer (unspecified)
$14k
$15k
Secretary/treasurer
officer (unspecified)
$12k
$13k
Director
board member
$11k
$12k
Director
board member
$11k
$12k
Director
board member
$7k
$7k
Director
board member
$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.

Plus 1 unpaid individual.

Up 23%
from 2023

From $526k in 2023 to $648k in 2024.

$526k
2023
$648k
2024
In today's dollarsEst.
Up 20% in real terms$576k to $690k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Kodiak Electric Association Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.4M
$24.2M
2023
$28M
$24.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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