2019-11-05T11:32:44-06:00 2018-12-31 BDO USA LLP 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2018-01-01 920177236 Alaska Electric and Energy Cooperative Inc % EMILY HUTCHISON ALAS 9072358551 3977 Lake Street Homer AK 996037680 EMILY HUTCHISON DIRECTOR OF FINANCE 9072358551 2019-11-04 true Nayyir Rawhani CPA P01772194 9072788878 2019-10-25 216.67.61.162 92085320193095000001 2019-11-05 P 4EBC7170525EB4FC7C474F7439B4976EBECAC6FA B753E5BAAD47E9C546DA95E63F5F47EC40274BF5 2018 2020-03-31 21:24:44Z Bradley Janorschke 3977 Lake Street Homer AK 996037680 62161446 false X N/A X 2001 AK PROVISION OF POWER REQUIREMENTS TO HOMER ELECTRIC ASSOCIATION. 9 9 0 1 0 0 0 64067780 61819597 16647 221849 0 120000 64084427 62161446 0 0 0 0 0 0 0 0 0 61433452 61594824 61433452 61594824 2650975 566622 261302258 246856075 221090806 206078001 40211452 40778074 TO SAFELY PROVIDE RELIABLE ELECTRICITY TO OUR MEMBERS AND OUR COMMUNITY THROUGH SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES. false false GENERATE AND SUPPLY WHOLESALE ELECTRIC POWER TO MEET THE NEEDS OF OUR MEMBER DISTRIBUTION COOPERATIVE, HOMER ELECTRIC ASSOCIATION. false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false true true false false true 16 0 true 0 false false false false false 61581118 580328 false false false X 9 9 false false false false true true false true true false false true true true true true true false X EMILY HUTCHISON 9072358551 3977 LAKE STREET HOMER AK 996037680 David Thomas President 0.5 1.0 X X 0 6050 0 William Fry Vice President 0.5 1.0 X X 0 4500 0 Kelly Bookey Secretary/Treasurer 0.5 1.0 X X 0 0 0 Edward Oberts Deputy Secretary 0.5 1.0 X X 0 7282 0 Donald Stead Deputy Secretary 0.5 1.0 X X 0 250 0 David Carey Director 0.5 1.0 X 0 7450 0 Roy Champagne Director 0.5 1.0 X 0 4450 0 Dan Chay Director 0.5 1.0 X 0 8900 0 Dan Furlong Director 0.5 1.0 X 0 5650 0 Eugene Levine Director 0.5 1.0 X 0 3250 0 Bradley Janorschke General Manager 1.0 40.0 X 0 297924 149197 Emily Hutchison Director of Finance 1.0 40.0 X 0 192178 97083 0 537884 246280 0 false true false PERKINS COIE LLP 1201 THIRD AVE STE 4900 SEATTLE WA 98101 LEGAL 317096 1 0 ELECTRIC SERVICE REVENUE 221000 61581118 61581118 CAPITAL CREDIT ALLOCATION 221000 238479 238479 61819597 221849 221849 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NATURAL GAS EXCHANGE 120000 120000 120000 62161446 61939597 221849 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 593649 0 990 0 0 0 0 0 0 7948932 0 9801066 0 FUEL COSTS 30708727 PRODUCTION OPERATIONS & MAINT. 6821949 PURCHASED POWER COST 4057922 TRANSMISSION EXPENSE 1491910 169679 61594824 2347209 1446464 0 0 0 0 6693834 4329032 0 0 0 0 0 0 2738890 3634686 3153192 2696817 317453254 94211439 231320191 223241815 0 0 0 0 12410539 10380547 0 0 2638403 1126714 261302258 246856075 4777647 5969514 0 0 0 0 0 0 0 0 0 0 216313159 200108487 0 0 0 0 221090806 206078001 X 0 0 0 0 40211452 40778074 40211452 40778074 261302258 246856075 566622 X false true X true false 1048676 1048676 38912427 9444388 29468039 266790524 81123759 185666765 8411555 3643292 4768263 2290072 2290072 223241815 0 0 X FORM 990, SCHEDULE D, PART X, LINE 2: AEEC APPLIES THE PROVISIONS OF TOPIC 740 OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AEEC ANNUALLY REVIEWS ITS TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. IT IS HEA MANAGEMENT'S OPINION THAT IT HAS NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. false false false Bradley Janorschke General Manager 0 297924 0 0 0 115944 0 33253 0 447121 0 Emily Hutchison Director of Finance 0 192178 0 0 0 80678 0 16405 0 289261 0 FORM 990, PART VI, SECTION A, LINE 6: ALASKA ELECTRIC AND ENERGY COOPERATIVE, INC. (AE&EC) IS A SINGLE-MEMBER COOPERATIVE WITH SALES EXCLUSIVELY TO HOMER ELECTRIC COOPERATIVE. WE DO NOT HAVE ANY STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A: THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11: FINANCE STAFF REVIEWS THE FORM 990 IN DETAIL AFTER PREPARATION BY THE CPA FIRM. THEY COMPARE IT TO AUDITED FINANCIALS, ANNUAL REPORTS, GENERAL LEDGER ACCOUNTS, DETAILS FROM THE PREPARATION PACKAGE, AND PRIOR YEAR FILINGS. BOARD MEMBERS RECEIVE A COPY PRIOR TO FILING. STAFF FURTHER REVIEWS THE FORM WITH THE BOARD WHEN REQUESTED AND IS AVAILABLE FOR QUESTIONS. THE DIRECTOR OF FINANCE PROVIDES A FINAL REVIEW PRIOR TO SIGNING AND AUTHORIZING THE CPA FIRM TO FILE IT ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUIRING QUARTERLY REVIEW OF ALL RELATED PARTY TRANSACTIONS PER BOARD POLICIES #723 AND #104. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. KENAI HYDRO LLC 3977 LAKE STREET HOMER AK 99603 273158417 HYDRO POWER DE 0 3750912 AK ELECTRIC HOMER ELECTRIC ASSOCIATION INC 3977 LAKE STREET HOMER AK 99603 920014079 ELECTRICAL AK 501(C)(12) N/A NONE false false false false false false false false false false false false false true true true true false false HOMER ELECTRIC ASSOCIATION Q 61448559 CASH PAYMENTS HOMER ELECTRIC ASSOCIATION P 8554168 CASH PAYMENTS