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Filing year 2024

NAKNEK ELECTRIC ASSOCIATION INC

Naknek, Alaska·EIN 92-0027674·501(c)(12)
Total revenue
$12.9M
Total assets
$45.2M
Total expenses
$12.7M
Reported officers
13
Mission

GENERATION AND SALE OF ELECTRICAL ENERGY TO THE COMMUNITIES OF NAKNEK, SOUTH NAKNEK AND KING SALMON, AK.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024

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

General Manager
Median to 75th percentile
$228k
$243k
Base
$172k
Bonus
Other
Benefits
$30k
Plant Foreman
Highest Compensated Employee
Median to 75th percentile
$191k
$203k
Base
$142k
Bonus
Other
Benefits
$29k
Lineman
Highest Compensated Employee
Median to 75th percentile
$186k
$198k
Base
$138k
Bonus
Other
Benefits
$30k
Operator
Highest Compensated Employee
Median to 75th percentile
$185k
$197k
Base
$136k
Bonus
Other
Benefits
$29k
Operator
Highest Compensated Employee
Median to 75th percentile
$184k
$196k
Base
$135k
Bonus
Other
Benefits
$29k
Operator
Highest Compensated Employee
Median to 75th percentile
$180k
$192k
Base
$132k
Bonus
Other
Benefits
$29k
Vice-president
Below 10th percentile
$5k
$5k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
President
Below 10th percentile
$1k
$2k
Secretary/treasurer
Officer (Unspecified)
$1k
$1k
Director
Board Member
Below 10th percentile
$969
$1k

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.

Up 3%
from 2023

From $221k in 2023 to $228k in 2024.

$221k
2023
$228k
2024
In today's dollarsEst.
Up 1% in real terms$241k to $243k

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.

Pay for the position

General Manager pay rose 3% from 2023 to 2024, while revenue fell 6%.

$221k in 2023 to $228k in 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.
  • Chief Executive Officer pay rose 191% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

NAKNEK ELECTRIC ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.7M
$13.3M
2023
$12.9M
$12.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NAKNEK ELECTRIC ASSOCIATION INC

What does the General Manager of NAKNEK ELECTRIC ASSOCIATION INC earn?

In 2024, the General Manager of NAKNEK ELECTRIC ASSOCIATION INC received $227,862 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at NAKNEK ELECTRIC ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at NAKNEK ELECTRIC ASSOCIATION INC falls between the median and the 75th percentile.

What are NAKNEK ELECTRIC ASSOCIATION INC's revenue and expenses?

In 2024, NAKNEK ELECTRIC ASSOCIATION INC reported $12.9M in total revenue and $12.7M in total expenses on its IRS Form 990.

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