NFP500

#422 of 500 · Trade, Professional & Labor

Chugach Electric Association Inc

EIN 92-0014224 · AK · NTEE n/a · Form 990, fiscal 2023

The largest member-owned electric cooperative in Alaska, founded in 1948. It generates and distributes electricity to over 90,000 members at more than 113,000 metered locations across the Anchorage area, governed by a member-elected board. It emphasizes reliable, affordable power and sustainable energy development.

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Financials, fiscal 2023

Revenue
$365.1M
Expenses
$365.1M
Total assets
$1.81B
Net assets
$218.1M
Operating margin
0.0%
1-year growth
2.8%
5-year growth (CAGR)
14.4%
Reserve (years of spending)
7.2
Contributions share
n/a
Programme spending
99.5%
Fundraising cost
n/a
Executive pay share
0.73%
Employees
525
Revenue per employee
$695K
Grants paid
$42K
Years filing
72

NFP Health Score: 74 / 100

Financial 53 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide safe, reliable and affordable electricity through superior service and sustainable practices, powering the lives of our members.

Revenue history

YearRevenue
2019$213.2M
2020$237.9M
2021$354.8M
2022$355.2M
2023$365.1M