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Filing year 2024

NAKNEK ELECTRIC ASSOCIATION INC

Naknek, Alaska·EIN 92-0027674·12
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 · Schedule J · 13 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$228k
$243k
Base
$172k
Bonus
Other
Benefits
$30k
Plant Foreman
highest compensated employee
$191k
$203k
Base
$142k
Bonus
Other
Benefits
$29k
Lineman
highest compensated employee
$186k
$198k
Base
$138k
Bonus
Other
Benefits
$30k
Operator
highest compensated employee
$185k
$197k
Base
$136k
Bonus
Other
Benefits
$29k
Operator
highest compensated employee
$184k
$196k
Base
$135k
Bonus
Other
Benefits
$29k
Operator
highest compensated employee
$180k
$192k
Base
$132k
Bonus
Other
Benefits
$29k
$5k
$5k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Director
board member
$2k
$2k
Secretary/treasurer
officer (unspecified)
$1k
$1k
Director
board member
$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.

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.
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