NonprofitsHomer Electric Association Inc

Homer Electric Association Inc

HOMER, AK

Total revenue

$116.1M

Total expenses

$113.9M

Net assets

$119.2M

Grants received

$59K

6 grants

EIN

920014079

Tax year

2024

Mission

Provide electrical services to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$115.5M
Investment income$348K
Other revenue$288K
Total revenue$116.1M

Expenses

Grants paid$9K
Salaries & benefits$1.0M
Fundraising
Other expenses$112.8M
Total expenses$113.9M
Total assets$270.6M
Net assets$119.2M

People

17 listed

NameRoleCompensation

Bradley P Janorschke

Chief Executive Officer

Board

$554K

40 hrs/wk

Sarah Lambe

Chief Financial Officer

Board

$321K

40 hrs/wk

Dan Furlong

President

Board

$9K

12 hrs/wk

Eugene Levine

Director

Board

$8K

1 hrs/wk

Erin McKittrick

Director

Board

$6K

2 hrs/wk

Wayne H Ogle

Deputy Secretary

Board

$5K

2 hrs/wk

Dan Green

Director

Board

$4K

2 hrs/wk

James Duffield II

Secretary/Treasurer

Board

$2K

1 hrs/wk

Robert Wall

Vice President

Board

$2K

1 hrs/wk

Louis Flora

Director

Board

$2K

1 hrs/wk

Charles Mike Chenault

Director

Board

$1K

1 hrs/wk

John Jungling

Chief Technology Officer

Staff

$381K

40 hrs/wk

Larry Jorgensen

Chief Power Production Officer

Staff

$369K

40 hrs/wk

Sheri Gower

Chief Adminstrative Officer

Staff

$369K

40 hrs/wk

Steve Cannon

Manager of Operations

Staff

$305K

40 hrs/wk

Keriann Baker

Chief Strategy Officer

Staff

$303K

40 hrs/wk

David Thomas

Strategic Affairs Officer

Staff

$210K

40 hrs/wk

Independent contractors

BIRCH HORTON BITTNER INC

Legal

$434K

Anderson Brothers Construction

Const. Contractor

$161K

B B LANDSCAPE

Grounds Maintenance

$159K

World Wide Technology LLC

Software Provider

$134K

Newgen Strategies

Consultant

$126K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$9K
Scholarship Program
2021
$9K
Scholarship Program
2020
$12K
Scholarship Program
2018

Funded by

$59K from 1 funder · 6 grants · 2018–2024

Alaska Rural Electric Cooperative

$59K · 6 grants · 2018–2024

Details

EIN920014079
Subsection12
Ruling date1951-07
Formed1946
Employees162
Volunteers0
HOMER ELECTRIC ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo