Fairbanks, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Golden Valley Electric Association Inc, founded in 1946, is a major nonprofit that reported $295.9M in total revenue in fiscal year 2023.
FIRST CLASS TRAVEL TO THE EAST COAST OF THE UNITED STATES IS ALLOWED IF APPROVED BY THE CEO. IN 2023, THIS BENEFIT WAS NOT EXERCISED. CHARTER HELICOPTERS ARE USED FOR REMOTE TRANSMISSION LINE WORK.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $295,865,368 | $290,488,698 | +0.0% |
| Expenses | $292,938,561 | $286,809,541 | +0.0% |
| Net Income | $2,926,807 | $3,679,157 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John J Burns | President & CEO | 60.0 |
Officer
|
$406,616 | $132,745 | $539,361 |
| Sarah J Rixie | CFO | 50.5 |
Officer
|
$250,379 | $87,399 | $337,778 |
| John H Kelly | Gas Turbine Plant Manager | 40.0 |
Highest
|
$237,123 | $77,604 | $314,727 |
| Christopher M Forrest | Director of Power Supply | 40.0 |
Officer
|
$211,683 | $89,140 | $300,823 |
| Richard A Lusby | Healy Plant Manager | 40.0 |
Highest
|
$211,683 | $76,285 | $287,968 |
| Daniel R Bishop | Director of Engineering Svcs. | 40.0 |
Officer
|
$237,123 | $49,714 | $286,837 |
| Reagan M Russell | Director of HR | 42.0 |
Officer
|
$196,988 | $87,950 | $284,938 |
| Abbigail M Dillard | Director of Member Services | 48.5 |
Officer
|
$203,632 | $78,990 | $282,622 |
| Nathaniel J Minnema Former | Manager of Engineering Service | 43.0 |
Officer
|
$193,796 | $81,945 | $275,741 |
| Jared B Carter | E & I Foreman | 56.5 |
Highest
|
$203,632 | $68,177 | $271,809 |
| Benjamin H Porter | Lineman Journeyman | 50.0 |
Highest
|
$196,988 | $65,113 | $262,101 |
| Naomi J Morton Knight Former | Environmental Officer | 40.0 |
Officer
|
$169,830 | $78,489 | $248,319 |
| Ian P Olesen | Lineman Journeyman | 51.5 |
Highest
|
$169,387 | $66,377 | $235,764 |
| Shannon C Telling | Director of Info. Technology | 40.0 |
Officer
|
$169,387 | $58,763 | $228,150 |
| Thomas P DeLong | Chairman | 10.4 |
Officer
Director
|
$24,900 | $0 | $24,900 |
| Richard J Solie Jr | Director | 5.9 |
Director
|
$23,975 | $0 | $23,975 |
| Gary C Newman | Secretary | 18.5 |
Officer
Director
|
$21,400 | $0 | $21,400 |
| David Pelunis-Messier | Treasurer | 5.7 |
Officer
Director
|
$20,900 | $0 | $20,900 |
| Christopher M Bunch | Vice Chairman | 7.5 |
Officer
Director
|
$16,675 | $0 | $16,675 |
| Todd M Adams | Director | 3.8 |
Director
|
$13,700 | $0 | $13,700 |
| Frederick W Sheen | Director | 6.1 |
Director
|
$13,125 | $0 | $13,125 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $295,865,368 | $292,938,561 | $785,044,640 | $2,926,807 |
| 2022 | $290,488,698 | $286,809,541 | $748,155,757 | $3,679,157 |
| 2021 | $261,622,497 | $257,770,222 | $748,489,323 | $3,852,275 |
| 2020 | $242,508,508 | $239,567,195 | $736,665,549 | $2,941,313 |
| 2019 | $247,101,009 | $242,098,066 | $743,846,732 | $5,002,943 |
| 2018 | $251,998,224 | $250,014,827 | $742,947,778 | $1,983,397 |
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