UNALAKLEET VALLEY ELECTRIC COOPERATIVE

EIN: 920075153

UNALAKLEET, AK

Total Revenue
$2,293,713
Total Expenses
$2,249,557
Total Assets
$4,891,539
Net Assets
$2,814,751
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
AK
Principal Officer
WESLEY JONES
Phone
9076243474
Tax Period
2024-01-01 to 2024-12-31

UNALAKLEET VALLEY ELECTRIC COOPERATIVE, founded in 1961, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024.

Mission

TO PROVIDE RELIABLE, SAFE AND AFFORDABLE ELECTRICITY TO THE RESIDENTS OF UNALAKLEET.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,293,711
Investment Income $2
Other Revenue $0
TOTAL REVENUE $2,293,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,055
Fundraising Expenses $0
Other Expenses $2,124,502
TOTAL EXPENSES $2,249,557

Year-over-Year Comparison

2024 2023 Change
Revenue $2,293,713 $2,225,605 +0.0%
Expenses $2,249,557 $2,181,545 +0.0%
Net Income $44,156 $44,060 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$125,055
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WESLEY JONES PRESIDENT 4.00
Officer Director
$0 $0 $0
FRAN DEGNAN TREASURER 2.00
Officer Director
$0 $0 $0
MATT ROESCH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TIM DANIELS DIRECTOR 1.00
Director
$0 $0 $0
BRET HANSON SECRETARY 2.00
Officer Director
$0 $0 $0
GEORGE JACKSON JR DIRECTOR 1.00
Director
$0 $0 $0
MARCUS PEDRO DIRECTOR 1.00
Director
$0 $0 $0
REESE HUHTA GENERAL MANAGER 40.00
Officer
$118,802 $6,253 $125,055
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,293,713 $2,249,557 $4,891,539 $44,156
2023 $2,225,605 $2,181,545 $4,483,674 $44,060
2022 $1,777,608 $1,929,824 $3,632,542 $-152,216
2021 $1,681,635 $1,689,853 $3,620,735 $-8,218
2020 $1,798,263 $1,749,822 $3,552,783 $48,441
2019 $1,776,176 $1,665,603 $3,463,954 $110,573
2018 $1,733,520 $1,805,770 $3,425,706 $-72,250
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