2023-08-03T19:38:23-05:00 2022-12-31 BDO USA PA 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2022-01-01 920010172 Kodiak Electric Association Inc % DAN MENTH KODI 9074867700 PO Box 787 Kodiak AK 996150787 Darron Scott President/CEO 9074867700 2023-08-03 true Darron Scott 999009999 Matthew Frerker CPA P01677675 9072788878 2023-07-17 3 2022 2023-04-26 12:10:37Z DARRON SCOTT PO Box 787 Kodiak AK 996150787 26839890 false X www.kodiakelectric.com X 1941 AK RURAL ELECTRIC COOPERATIVE, PROVIDES GENERATION, TRANSMISSION, DISTRIBUTION, AND SALES OF ELECTRICITY TO APPROXIMATELY 6,000 METERS. 9 9 37 0 0 0 0 25237859 26720158 33174 46232 78000 73500 25349033 26839890 11379 12959 0 0 769860 836984 0 0 0 22056459 22820521 22837698 23670464 2511335 3169426 193354894 186723469 125064602 116131285 68290292 70592184 KODIAK ELECTRIC ASSOCIATION, INC. IS COMMITTED TO PROVIDE SAFE, RELIABLE ENERGY, AND A HIGH LEVEL OF SERVICE EXCELLENCE, TO ENHANCE THE QUALITY OF LIFE OF ITS MEMBERS AND OF ITS COMMUNITY. false false RURAL ELECTRIC COOPERATIVE, SALES, AND GENERATION OF ELECTRICITY TO APPROXIMATELY 6,000 METERS. false false false false false false false false false true false false false true true true false false false false false false false false false false true false true true false false true false false false false false false false false false false true true false false true 43 0 true 37 true false false false false false 26540568 299322 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X DAN MENTH 9074867700 PO BOX 787 KODIAK AK 996150787 X Darron Scott President/CEO 40.0 0.0 X 333107 0 149821 Lloyd Shanley Power Generation Manager 40.0 0.0 X 225738 0 94240 Daniel Menth Manager of Finance & Admin. 40.0 0.0 X 198619 0 83876 Dustin Egdorf Operations Manager 40.0 0.0 X 189064 0 82564 Aaron Ellison Power Generation Technician 48.0 0.0 X 159144 0 50851 Shane Lotzer Line Foreman 44.5 0.0 X 159157 0 49624 Joshua Olson Line Foreman 44.5 0.0 X 158811 0 49551 Ron Acarregui Vice-Chairman 2.0 0.25 X X 12480 0 0 Benjamin Millstein Director 2.0 0.25 X 11000 0 0 Michael Brechan Chairman 2.0 0.0 X X 10400 0 0 Tyler Kornelis Director 2.0 0.0 X 9040 0 0 Stosh Anderson Secretary/Treasurer 2.0 0.0 X X 8320 0 0 Linda Freed Director 2.0 0.25 X 7840 0 0 Megan Kelly Director 2.0 0.0 X 4680 0 0 Cliff Davidson Director 2.0 0.25 X 4200 0 0 Jay Johnston Director 2.0 0.0 X 3600 0 0 Matthew Moir Director 2.0 0.0 X 0 0 0 1495200 0 560527 27 false true false Red Hook Construction LLC 8100 W Rezonof Dr KODIAK AK 99615 Repair & Earthmoving 521693 General Electric International Inc 1 River Rd Bldg 53-203P SCHENECTADY NY 12345 Wind Turbine Support 474978 NISC PO Box 1147 MANDAN ND 58554 Software Provider 143703 Blackpoint IT Services Inc 20415 72nd Ave South Suite 200 KENT WA 98032 IT Service & Support 102098 4 0 ELECTRIC REVENUE 221000 25609196 25609196 PATRONAGE CAPITAL CREDITS 221000 931372 931372 POLE RENTALS 221000 179590 179590 26720158 46232 46232 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 73500 73500 73500 26839890 26720158 119732 12959 0 0 0 836984 0 0 0 0 0 0 0 0 0 0 0 178568 2148 139129 147418 0 0 0 0 42316 3851853 0 8422281 0 POWER PRODUCTION 4525257 DISTRIBUTION EXPENSE 2816792 ADMIN / GENERAL 1271812 TRANSMISSION EXPENSE 834756 588191 23670464 423369 1261369 202184 322185 0 0 3245956 1970112 0 0 0 0 0 0 3184542 3492584 1623413 1458774 295326266 119965851 182147396 175360415 0 0 54054 65542 2473980 2792488 0 0 0 0 193354894 186723469 2888813 2716211 0 0 0 0 52742475 49676377 0 0 0 0 69059667 63515830 0 0 373647 222867 125064602 116131285 X 0 0 0 0 68290292 70592184 68290292 70592184 193354894 186723469 X 3169426 -867534 X false true X true false 1941391 1941391 144004021 36246941 107757080 149075927 83718910 65357017 304927 304927 175360415 0 DEFERRED CREDITS 134572 CONSUMER DEPOSITS 88295 222867 X 26839890 26839890 26839890 23670464 23670464 23670464 FROM 990, SCHEDULE D, PART X, LINE 2: The Association applies the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. The Association annually reviews its tax return and positions taken in accordance with the recognition standards. The Association believes that it has no uncertain tax positions which would require disclosure or adjustment in these financial statements. true KEA Educational Foundation 1614 MILL BAY ROAD KODIAK AK 99615 270897796 501(c)(3) 10000 Support 1 SCH I, PART I, LINE 2: Kodiak Electric Association is represented on the board of the KEA Educational Foundation. X X X false false false Darron Scott President/CEO 333107 116388 33433 482928 Daniel Menth Manager of Finance & Admin. 198619 66867 17009 282495 Lloyd Shanley Power Generation Manager 225738 76843 17397 319978 Dustin Egdorf Operations Manager 189064 64025 18539 271628 Shane Lotzer Line Foreman 159157 23930 25694 208781 Aaron Ellison Power Generation Technician 159144 25176 25675 209995 Joshua Olson Line Foreman 158811 23862 25689 208362 A Kodiak Electric Association Inc 920010172 2009-12-17 12000000 Pillar Mountain Wind false true false B Kodiak Electric Association Inc 920010172 2011-08-16 25000000 High Penetration Wind false true false C KODIAK ELECTRIC ASSOCIATION INC 920010172 2014-02-28 2650000 High Penetration Wind false true false D Kodiak Electric Association Inc 920010172 2017-12-21 40000000 Qualified Hydro Facility false true false A 10500000 0 0 0 0 0 0 0 0 12000000 0 0 2009 false false true true B 16544117 0 25011087 0 549751 0 0 0 0 25011087 0 0 2014 false false true true C 1220395 0 2650626 0 0 0 0 0 0 2650626 0 0 2015 false false true true D 1709111 0 40548844 0 0 0 0 0 0 40548844 0 0 2019 false false true true A false false false false 0 false false false false B false false false false 0 false false false false C false false false false 0 false false false false D false false false false 0 false false false false A false false false false false false 0 false 0 false false B false false false false false false 0 false 0 false false C false false false false false false 0 false 0 false false D false false false false false false 0 false 0 false false A false B false C false D false Form 990, Schedule K, Part I, Line A, Part F: Clean renewable energy bond - wind generation 3 - 1.5 MW GE turbines Form 990, Schedule K, Part I, Line B, Part F: Clean renewable energy bond - high penetration wind Form 990, Schedule K, Part I, Line C, Part F: CLEAN RENEWABLE ENERGY BOND - HIGH PENETRATION WIND Form 990, Schedule K, Part I, Line D, Part F: CLEAN RENEWABLE ENERGY BOND - QUALIFIED HYDRO FACILITY FORM 990, PART VI, SECTION A, LINE 6: The association is organized to provide electric service to member residents in the Kodiak Island area, operating on a not-for-profit basis. FORM 990, PART VI, SECTION A, LINE 7A: Directors of the governing board are elected by members to represent the membership. FORM 990, PART VI, SECTION A, LINE 7B: Any amendments to the bylaws by the board of directors are subject to membership approval. FORM 990, PART VI, SECTION B, LINE 11: Manager of Finance/Admin receives draft copy from tax accountant. Manager of Finance/Admin reviews tax return with the President/CEO. President/CEO reviews with the entire board of directors at the regularly scheduled board meeting prior to submitting to the IRS. FORM 990, PART VI, SECTION B, LINE 12C: Board members are required to disclose and certify all financial interest in entities that compete with Kodiak Electric Association (KEA) or pose a conflict of interest, or have been employed by or shared a material financial interest with another director. Board members provide annual certification to disclose any conflicts of interest as per board policy #123-Conflicts of Interest. FORM 990, PART VI, SECTION B, LINE 15: THE PRESIDENT/CEO UTILIZES THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) TO ESTABLISH MARKET ON MANAGEMENT AND OTHER EXEMPT POSITIONS. THE BOARD OF DIRECTORS ALSO REVIEWS AND UTILIZES THE NRECA DATA WHEN SETTING THE PRESIDENT/CEO COMPENSATION. MANAGEMENT STAFF AND IBEW REPRESENTATIVES NEGOTIATE CONTRACT CHANGES FOR INSIDE AND OUTSIDE UNION POSITIONS. FORM 990, PART VI, SECTION C, LINE 19: Copies of Form 990, Form 1024, Conflict of Interest policy, and other non-sensitive governing documents will be made available to a member upon request. A member requesting information or data will complete and submit a "Member Information Request Form" to the President/CEO. Release of information will follow the KEA board policy #607. All costs incurred in providing requested information may be charged directly to the requesting member. The KEA board of directors utilizes digital communication devices; therefore, if a member wishes to attend a regular monthly meeting of the board of directors, electronic copies of the regular meeting packet are available at the KEA administrative office for use during the meeting. FORM 990, PART XI, LINE 9: Retirement of Patronage Capital Credits ($1,010,495) Increase in Other Equities $142,961 Kodiak Educational Foundation Inc 1614 Mill Bay Road KODIAK AK 99615 270897796 Charitable AK 501(c)(3) Line 7 KEA true false true false false false false false false false false false false false true true false false false false