CHUGACH ELECTRIC ASSOCIATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CHUGACH ELECTRIC ASSOCIATION INC (EIN 92-0014224)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-11
- IRS object ID
- 201201329349302075
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T13:05:38-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 West 8th Avenue Suite 600 | AddressLine1 |
| City | Anchorage | City |
| State | AK | State |
| ZIP Code | 99501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 920014224 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chugach Electric Association Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MICHAEL R CUNNINGHAM | InCareOfName |
| Name Control | CHUG | NameControl |
| Phone | 9077624778 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 196300 | AddressLine1 |
| City | Anchorage | City |
| State | AK | State |
| ZIP Code | 995196300 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael R Cunningham | Name |
| Title | CFO | Title |
| Date Signed | 2012-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Suanne Fechtmeyer | Name |
| Phone | 9072651200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Bradley W Evans | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 196300 | AddressLine1 |
| City | Anchorage | City |
| State | AK | State |
| ZIP Code | 995196300 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 284871424 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CHUGACHELECTRIC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1948 | YearFormation |
| State Legal Domicile | AK | StateLegalDomicile |
| Activity Or Mission Description | CHUGACH ELECTRIC ASSOCIATION, INC. PROVIDES THE GENERATION, TRANSMISSION AND DISTRIBUTION OF ELECTRICITY TO RETAIL CUSTOMERS AND THE GENERATION AND TRANSMISSION OF ELECTRICITY TO WHOLESALE CUSTOMERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 772 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 258770423 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 284017215 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 571334 | InvestmentIncomePriorYear |
| Investment Income Current Year | 389093 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 138500 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 259341757 | TotalRevenuePriorYear |
| Total Revenue Current Year | 284544808 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 24131 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 46189 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 5573262 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1850159 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1881817 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 251596880 | OtherExpensePriorYear |
| Other Expenses Current Year | 276583157 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 253471170 | TotalExpensesPriorYear |
| Total Expenses Current Year | 284084425 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5870587 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 460383 | RevenuesLessExpensesCY |
| Total Assets BOY | 626414696 | TotalAssetsBOY |
| Total Assets EOY | 850034389 | TotalAssetsEOY |
| Total Liabilities BOY | 467885444 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 691698231 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 158529252 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 158336158 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CHUGACH ELECTRIC ASSOCIATION, INC. PROVIDES THE GENERATION, TRANSMISSION AND DISTRIBUTION OF ELECTRICITY TO RETAIL CUSTOMERS AND THE GENERATION AND TRANSMISSION OF ELECTRICITY TO WHOLESALE CUSTOMERS. THROUGH SUPERIOR SERVICE, SAFELY PROVIDE RELIABLE AND COMPETITIVELY PRICED ENERGY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 256460640 | Expense |
| Grants | 46189 | Grants |
| Revenue | 283868313 | Revenue |
| Description | CHUGACH ELECTRIC ASSOCIATION, INC. PROVIDES TRANSMISSION AND DISTRIBUTION SERVICES TO APPROXIMATELY 81,644 RETAIL SERVICE LOCATIONS AND PROVIDES GENERATION AND TRANSMISSION SERVICES TO SEVERAL WHOLESALE CUSTOMERS. | Description |
| Total Program Service Expense | 256460640 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 165 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 772 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Gross Income From Members | 77357106 | GrossIncomeFromMembers |
| Gross Income Other Sources | 11426657 | GrossIncomeOtherSources |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | true | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL R CUNNINGHAM | NamePerson |
| Telephone Number | 9077624778 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5601 ELECTRON DRIVE | AddressLine1 |
| City | ANCHORAGE | City |
| State | AK | State |
| ZIP Code | 995181074 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| JANET REISER | ||||||||
| DIRECTOR | 8.0 | X | 14800 | 0 | 0 | |||
| SUSAN REEVES | ||||||||
| DIRECTOR | 6.0 | X | 11350 | 0 | 0 | |||
| S DOUGLAS ROBBINS | ||||||||
| DIRECTOR | 6.0 | X | 11750 | 0 | 0 | |||
| PJ HILL | ||||||||
| DIRECTOR | 5.0 | X | 10000 | 0 | 0 | |||
| JIM NORDLUND | ||||||||
| DIRECTOR | 5.0 | X | 9200 | 0 | 0 | |||
| HARRY T CRAWFORD JR | ||||||||
| DIRECTOR | 7.0 | X | 7250 | 0 | 0 | |||
| JAMES HENDERSON | ||||||||
| DIRECTOR | 8.0 | X | 8700 | 0 | 0 | |||
| REBECCA LOGAN | ||||||||
| DIRECTOR | 6.0 | X | 4400 | 0 | 0 | |||
| ELIZABETH VAZQUEZ | ||||||||
| DIRECTOR | 4.0 | X | 4400 | 0 | 0 | |||
| BRADLEY W EVANS | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.0 | 297673 | 0 | 187206 | X | |||
| MICHAEL R CUNNINGHAM | ||||||||
| CHIEF FINANCIAL OFFICER | 40.0 | 233752 | 0 | 230395 | X | |||
| LEE D THIBERT | ||||||||
| SR. VP STRAT PLAN & CORP AFFR | 40.0 | 210451 | 0 | 229908 | X | |||
| DAVID R SMITH | ||||||||
| SR. VP ADMINISTRATION | 40.0 | 43257 | 0 | 57401 | X | |||
| PAUL R RISSE | ||||||||
| SR. VP POWER SUPPLY | 40.0 | 171073 | 0 | 161763 | X | |||
| EDWARD M JENKIN | ||||||||
| VP POWER DELIVERY | 40.0 | 169205 | 0 | 203687 | X | |||
| TYLER E ANDREWS | ||||||||
| VP HUMAN RESOURCES | 40.0 | 148513 | 0 | 58390 | X | |||
| MIKE W R SNELL | ||||||||
| JOURNEYMAN LINEMAN | 62.0 | 204731 | 0 | 47110 | X | |||
| ISAAC M WALDROP III | ||||||||
| LEADMAN | 58.0 | 192643 | 0 | 100676 | X | |||
| FRANKLYN T DUNBAR | ||||||||
| PCB APPARATUS FOREMAN | 55.0 | 184455 | 0 | 58552 | X | |||
| MARK S KRIEGER | ||||||||
| FOREMAN | 56.0 | 180881 | 0 | 118177 | X | |||
| PARIS J SEPE | ||||||||
| MAINTENANCE OPERATOR IGT | 46.0 | 180737 | 0 | 98114 | X | |||
| RONALD K VECERA | ||||||||
| ACTING SR VP STRAT PLAN & CORP | 40.0 | 130862 | 0 | 197325 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2430083 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1748704 | TotalOtherCompensation |
| Number Individuals GT100 K | 153 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Wilson Sonsini Goodrich Rosati PC | |||||
| 650 Page Mill Road | PALO ALTO | CA | 943041050 | LEGAL SERVICES | 738298 |
| CREST INDUSTRIES LLC | |||||
| POB 5109 | ALEXANDRIA | LA | 713075109 | ENGINRING/MANUFCTING | 398801 |
| KPMG LLP | |||||
| 3 CHESTNUT RIDGE RD | MONTVALE | NJ | 07645 | AUDIT/TAX | 349442 |
| Davis Wright Tremaine LLP | |||||
| 1201 3RD AVESTE 2200 | SEATTLE | WA | 981013045 | LEGAL SERVICES | 269649 |
| Leonard Street Deinard PA | |||||
| 150 S 5th ST Ste 2300 | MINNEAPOLIS | MN | 55402 | Legal Services | 268127 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | 283040687 | 283040687 | |
| CAPITAL CREDITS | 221000 | 356227 | 356227 | |
| POLE RENTAL | 221000 | 148902 | $148,902 | |
| MICROWAVE SERVICES | 221000 | 428780 | 428780 | |
| MEMBERSHIP DUES | 221000 | 42619 | 42619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 284017215 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 297983 | TotalRevenueColumn |
| Exclusion | $297,983 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 176226 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 85116 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 91110 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91110 | TotalRevenueColumn |
| Exclusion | $91,110 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 380000 | GrossSalesOfInventory |
| Cost Of Goods Sold | 241500 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 138500 | TotalRevenueColumn |
| Exclusion | $138,500 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 284544808 | TotalRevenueColumn |
| Related Or Exempt Function Income | 283868313 | RelatedOrExemptFunctionIncome |
| Exclusion | $676,495 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1000 | Total |
| Program Services | 1000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45189 | Total |
| Program Services | 45189 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5573262 | Total |
| Program Services | 5573262 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1881817 | Total |
| Management And General | 1881817 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16587061 | Total |
| Program Services | 16587061 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32198411 | Total |
| Program Services | 32198411 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| FUEL/PURCHASED POWER | 165041227 | 165041227 |
| OTHER POWER PRODUCTION | 16853232 | 16853232 |
| TRANSMISSION EXPENSE | 6797153 | 6797153 |
| DISTRIBUTION EXPENSE | 13364105 | 13364105 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25741968 | Total |
| Management And General | 25741968 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 284084425 | Total |
| Program Services | 256460640 | ProgramServices |
| Management And General | 27623785 | ManagementAndGeneral |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 5623332 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12282571 | BOY |
| EOY | 133651225 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35140119 | BOY |
| EOY | 42373995 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35974170 | BOY |
| EOY | 32994454 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22920379 | BOY |
| EOY | 27117479 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1061587948 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 466397400 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 504825871 | BOY |
| EOY | 595190548 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12163097 | BOY |
| EOY | 11134496 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3108489 | BOY |
| EOY | 1948860 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 626414696 | BOY |
| EOY | 850034389 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18860926 | BOY |
| EOY | 22800190 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 429450318 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 405801818 | BOY |
| EOY | 175000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43222700 | BOY |
| EOY | 64447723 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 467885444 | BOY |
| EOY | 691698231 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1474869 | BOY |
| EOY | 1517488 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133328213 | BOY |
| EOY | 132634601 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23726170 | BOY |
| EOY | 24184069 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 158529252 | BOY |
| EOY | 158336158 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 626414696 | BOY |
| EOY | 850034389 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 460383 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -653477 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11792267 | OtherCostOrOtherBasis |
| Book Value | 11792267 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 67769933 | OtherCostOrOtherBasis |
| Depreciation | 38565887 | Depreciation |
| Book Value | 29204046 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 982025748 | OtherCostOrOtherBasis |
| Depreciation | 427831513 | Depreciation |
| Book Value | 554194235 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 595190548 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (9 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSUMER DEPOSITS | $3,949,052 |
| ACCRUED INTEREST | $6,843,473 |
| FUEL | $24,399,157 |
| OTHER | $3,350,692 |
| DEFERRED CREDITS | $1,703,277 |
| DEFERRED COMPENSATION | $420,783 |
| SALARIES, WAGES, & BENEFITS | $7,597,691 |
| PATRONAGE CAPITAL PAYABLE | $6,646,068 |
| DEFERRED PROCEEDS ON SALE OF ASSET | $9,537,530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 64447723 | TotalOfAmounts |
| Total Revenue | 284544808 | TotalRevenue |
| Total Expenses | 284084425 | TotalExpenses |
| Excess Or Deficit For Year | 460383 | ExcessOrDeficitForYear |
| Other | $5,112,879 | OtherAmount |
| Total Adjustments | 5112879 | TotalAdjustments |
| Excess Or Deficit Per FS | 5573262 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 284662105 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 159916 | OtherRevenues |
| Revenue Not Rptd F990 | 159916 | RevenueNotRptdF990 |
| Revenue Subtotal | 284502189 | RevenueSubtotal |
| Other Revenues Not Included | 42619 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 42619 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 284544808 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 279088843 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 417764 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 417764 | ExpensesNotRptdF990 |
| Expenses Subtotal | 278671079 | ExpensesSubtotal |
| Other Expenses Not Included | 5413346 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 5413346 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 284084425 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part XI. Line 8. | Tax to book depreciation on territorial settlement with Municipal Light & Power ($417,764), Program membership dues and assessment ($42,619), ASSIGNABLE MARGINS $5,573,262 = $5,112,879 | |
| Part XII. Line 2d. | Allowance for funds used during construction $159,916 | |
| Part XII. Line 4b. | Program membership dues and assessment $42,619. | |
| Part XIII. Line 2d. | Tax to book depreciation on territorial settlement with Municipal Light & Power $417,764 | |
| Part XIII. Line 4b. | Allowance for funds used during construction ($159,916), ASSIGNABLE MARGINS $5,573,262 = $5,413,346 | |
| Part X. Line 2. | Chugach applies a more-likely-than-not recognition threshold for all tax uncertainties. FASB ASC 740 only allows the recognition of those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities. Chugach's management reviewed Chugach's tax positions and determined there were no outstanding, or retroactive tax positions, that were not highly certain of being sustained upon examination by the taxing authorities. Management has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements for all periods presented. Chugach's evaluation was performed for the tax periods ended December 31, 2008 through December 31, 2011 for U.S. Federal Income Tax, the tax years which remain subject to examination by major tax jurisdictions as of December 31, 2011. | FIN 48 Footnote |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Credit applied to electric bill | TypeOfGrant |
| Number Of Recipients | 150 | NumberOfRecipients |
| Amount Of Cash Grant | 45189 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part III. | Identifier |
| Explanation | The Association may include as part of its annual budget a sum of money for contributions to assist Chugach members who because of various hardship situations are unable to pay their present or past due electric bill. Hardship situations include, but are not limited to, circumstances where either the member or a dependent in the member's household is seriously ill, handicapped, or dependent on life support systems. Chugach Electric Association, Inc. has a board policy that establishes the criteria, as definded above, that members must meet in order to qualify for assistance in paying their present or past due electric bills. The applicant screening is done through the Safety Link program administered by the Municipality of Anchorage, Health and Social Services agency. The Association may match regular employee contributions to qualifying organizations up to a maximum of $100 per employee each year. The qualifying organizations must have a current 501(c) (3) designation. The Association may use a third party organization to qualify and facilitate the matching contribution. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRADLEY W EVANS | |||||||||||||
| 273266 | 0 | 20000 | 0 | 4407 | 0 | 162766 | 0 | 24440 | 0 | 484879 | 0 | 0 | 0 |
| MICHAEL R CUNNINGHAM | |||||||||||||
| 200433 | 0 | 20000 | 0 | 13319 | 0 | 205955 | 0 | 24440 | 0 | 464147 | 0 | 0 | 0 |
| LEE D THIBERT | |||||||||||||
| 193133 | 0 | 10000 | 0 | 7318 | 0 | 205468 | 0 | 24440 | 0 | 440359 | 0 | 0 | 0 |
| PAUL R RISSE | |||||||||||||
| 168541 | 0 | 0 | 0 | 2532 | 0 | 137323 | 0 | 24440 | 0 | 332836 | 0 | 0 | 0 |
| EDWARD M JENKIN | |||||||||||||
| 167761 | 0 | 0 | 0 | 1444 | 0 | 179247 | 0 | 24440 | 0 | 372892 | 0 | 0 | 0 |
| TYLER E ANDREWS | |||||||||||||
| 147619 | 0 | 0 | 0 | 894 | 0 | 32650 | 0 | 25740 | 0 | 206903 | 0 | 0 | 0 |
| MIKE W R SNELL | |||||||||||||
| 198047 | 0 | 0 | 0 | 6684 | 0 | 21152 | 0 | 25958 | 0 | 251841 | 0 | 0 | 0 |
| ISAAC M WALDROP III | |||||||||||||
| 185698 | 0 | 0 | 0 | 6945 | 0 | 76375 | 0 | 24301 | 0 | 293319 | 0 | 0 | 0 |
| FRANKLYN T DUNBAR | |||||||||||||
| 184251 | 0 | 0 | 0 | 204 | 0 | 36070 | 0 | 22482 | 0 | 243007 | 0 | 0 | 0 |
| MARK S KRIEGER | |||||||||||||
| 180677 | 0 | 0 | 0 | 204 | 0 | 95989 | 0 | 22188 | 0 | 299058 | 0 | 0 | 0 |
| PARIS J SEPE | |||||||||||||
| 140685 | 0 | 0 | 0 | 40052 | 0 | 73507 | 0 | 24607 | 0 | 278851 | 0 | 0 | 0 |
| RONALD K VECERA | |||||||||||||
| 129698 | 0 | 0 | 0 | 1164 | 0 | 169085 | 0 | 28240 | 0 | 328187 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part I. Line ia. | Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990, Part VII, Section A, line 1a. "First-class or charter travel." The organization has a helicopter lease and a standing air charter for employees to reach facilities at remote locations, such as the Beluga Power Plant which is only accessible by air. Several of the organization's employees, including those listed, have used one or both of these services to inspect or perform maintenance on equipment, conduct supervisory responsibilities, or escort guests on tours. First-class travel was used by Bradley W. Evans and Michael R. Cunningham for travel out of state to perform business on behalf of the organization. The first-class fares obtained were comparable to the coach fares available on the commercial airline usually used by the organization for business travel. |
| Part I. Line 1b. | If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? "No." The organization does not have a formal written policy regarding the payment of tax indemnification and gross-up payments. It is currently at the discretion of the Chief Executive Officer, or at the discretion of the Board of Directors, if the payment is to the Chief Executive Officer. The organization does have a written policy regarding payment or reimbursement of travel expenses, which was followed for all individuals. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (14 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part VI. Section A. Line 4. | Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? At the organization's annual membership meeting held on May 26, 2011, two bylaw amendments passed. One clarified the deadline for electronic voting and the other included housekeeping amendments. |
| Part VI. Section A. Line 6. | Did the organization have members or stockholders? The organization is an electric cooperative which is owned by its members, approximately 66,941 at December 31, 2011. |
| Part VI. Section A. Line 7a. | Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? The Board of Directors are elected by the membership and serve three-year terms. |
| Part VI. Section A. Line 7b. | Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or other persons other than the governing body? Changes to the organizations Bylaws and Articles of Incorporation are subject to approval by the membership. |
| Part VI. Section A. Line 8b. | Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: Each committee with authority to act on behalf of the governing body? Board committees do not have the authority to act on behalf of the governing body. Board committees make recommendations to the governing body for approval, however, the organization contemporaneously documents the committee meetings held and written actions undertaken during the year. |
| Part VI. Section A. Line 9. | Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? David R. Smith, 1590 Prospect Mountain Drive, Estes Park, CO 80517-7707; Rebecca Logan, c/o Alaska Support Industry Alliance, 646 W. 4th Avenue, Suite 200, Anchorage, AK 99501; Elizabeth Vazquez, 6910 Tanaina Drive, Anchorage, AK 99502. |
| Part VI. Section B. Line 11b. | Describe in Schedule O the process, if any, used by the organization to review this Form 990. The Form 990 is reviewed by the CEO and senior executive staff or officers of the organization in detail, including all forms and schedules. The Form 990, including all forms and schedules, is also reviewed by the Board of Directors' finance committee prior to being filed by our independent accounting firm. |
| Part VI. Section B. line 12c. | Does the organization regularly and consistently monitor and enforce compliance with the policy? The organization has a written conflict of interest policy which covers the Board of Directors (governing body) and all employees. The organization regularly and consistently monitors minutes and investigates potential or actual conflicts when discovered through member identification. Conflicts of an employee are reviewed and determined by the CEO, Chairman of the Board and Vice President of Human Resources. Conflicts of the CEO are reviewed and determined by the Board of Directors. Conflicts of the Board of Directors are reviewed by legal counsel and determinations are made by a vote of the Board of Directors after receiving advice from legal counsel. Any Director or employee whose conduct infringes upon either the letter or spirit of the conflict of interest policy shall be subject to: (1) if CEO, termination by appropriate action of the Board of Directors; (2) if an employee, termination by appropriate action of the CEO; or (3) if a Director, charges by the Board leading to removal in accordance with the appropriate section of the organization's Bylaws or automatic ineligibility as applicable under the circumstances. |
| Part VI. Section B. Line 15 | Did the process for determing compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substation of the deliberation and decision? The compensation for the CEO was established by the Board of Directors in a two-year employment agreement effective July 1, 2011, which was approved by the Board of Directors at its June 15, 2011 board meeting. Since the Board of Directors does not record executive sessions, there is no substantiation of the CEO compensation package deliberations. However, comparability data was provided and the decision of the Board was documented. |
| Part VI. Section C. Line 19. | Describe in Schedule O whether (and if so, how) the organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. The organization's governing documents, conflict of interest policy and financial statements are available on its website. |
| Part IX. Line 4. | Statement of Functional Expenses - Benefits paid to or for members: The Form 990 instructions for 2011 were modified to include patronage dividends as part of Functional Expenses (Part IX). For 2011, the assignable margins of $5,573,262 will be assigned to members and is included on line 4 as benefits paid to members. The comparable amount for 2010 which was not included as part of Functional Expenses was $5,410,009. |
| Part IX. Line 24e. | All other expenses consist of Consumer Accounts $5,465,315, Administrative and General $20,276,653 = $25,741,968 |
| Part XI. Line 5. | Other changes in net assets or fund balances (explain in Schedule O). The other changes in net assets or fund balances consist of an increase in donated capital of $167,952, an increase in unredeemed capital credits of $367,277, retirement of capital credits and estate payments of ($6,761,968), and assignable margins of $5,573,262 totaling a net change of ($653,477). |
| Part I. Line 14. | Due to new IRS guidance, we have included in the 2011 functional expenses assignable margins of $5,573,262. The prior year amount on this line would have been $5,410,009 if this new guidance had been in effect in 2010. |