UNALAKLEET VALLEY ELECTRIC COOPERA… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

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%)

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$125,055

Total Directors

Key Employees

Highest Compensated

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

UNALAKLEET VALLEY ELECTRIC COOPERATIVE