2023-11-14T17:08:13-06:00 2022-12-31 BDO USA 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2022-01-01 920035763 Alaska Village Electric Cooperative Inc % REBECCA LOPEZ ALAS 9075611818 4831 EAGLE STREET ANCHORAGE AK 99503 WILLIAM STAMM PRESIDENT & CEO 9075611818 2023-11-14 true WILLIAM STAMM 999009999 Matthew Frerker CPA P01677675 9072788878 2023-11-10 3 2022 2023-04-26 12:10:37Z WILLIAM STAMM 4831 EAGLE STREET ANCHORAGE AK 99503 76094194 false X www.avec.org X 1967 AK To provide electric power to 58 remote Alaskan villages. 7 7 112 0 7556403 6956734 51871938 60772521 1157028 368674 1550868 1610256 62136237 69708185 14000 9000 0 0 7114725 10897529 0 0 0 48671533 61956817 55800258 72863346 6335979 -3155161 149755137 150723795 85218766 91621111 64536371 59102684 TO PROVIDE ELECTRIC POWER TO 58 REMOTE ALASKAN VILLAGES. false false GENERATED 133.5M KWH FOR USE BY 11,512 CONSUMERS IN 58 VILLAGES. false true false false false false false false false true false false false true true false true false false false false false false false false false false true true false false false false false false false false false false false true false false true 103 0 true 112 true false false false false false 60772521 8364939 false false false X 7 7 false false false false true true true true true false false true true true true true false true true false X REBECCA LOPEZ 9075611818 4831 EAGLE STREET Anchorage AK 99503 WILLIAM STAMM PRESIDENT & CEO 45.0 0.0 X 276545 0 244934 LENNY WELCH Mgr, Bethel Operations 45.0 0.0 X 225754 0 100332 DANIEL ALLIS Mgr, Operations 45.0 0.0 X 165278 0 131604 WILLIAM THOMSON Engineering & Tech. Advisor 45.0 0.0 X 163676 0 104076 REBECCA LOPEZ CFO 45.0 0.0 X 155183 0 111956 SCOTT SANNER CIO 45.0 0.0 X 165784 0 93124 FOREST Button Mgr, Key Accounts 45.0 0.0 X 156487 0 88097 PHYLLIS CLOUGH DIRECTOR 2.0 0.0 X 6397 0 0 HOMER HUNTER JR DIRECTOR 2.0 0.0 X 4823 0 0 Fred Sagoonick CHAIRMAN OF BOARD 4.0 0.0 X X 4335 0 0 HELENA R JONES SECRETARY 2.0 0.0 X X 4086 0 0 Robert Beans Sr VICE CHAIRMAN OF BOARD 2.0 0.0 X X 3842 0 0 BRYAN ROOKOK JR DIRECTOR 2.0 0.0 X 2965 0 0 PETER J DEMOSKI TREASURER 2.0 0.0 X X 1572 0 0 ROBERT HOFFMAN DIRECTOR 2.0 0.0 X 1050 0 0 1337777 0 874123 23 false true false Ridge Contracting Inc 9600 Vanguard Drive ANCHORAGE AK 99507 Capital Projects 4507617 STG INC 11820 S Gambell Street ANCHORAGE AK 99515 CAPITAL PROJECTS 1706759 POWERGRID PARTNERS LTD 2064 BLANCHE DRIVE OREGON OH 43616 WIND TOWER SVC 521586 DAMA INDUSTRIAL LLC 520 W 58TH AVENUE STE F ANCHORAGE AK 99518 CAPITAL PROJECTS 467277 CRW ENGINEERING GROUP INC 3940 ARCTIC BLVD STE 300 ANCHORAGE AK 99503 ENGINEERING SVC 383295 11 6956734 6956734 FUEL REVENUE 221000 34504067 34504067 ELECTRIC REVENUE 221000 26268454 26268454 60772521 1686033 1686033 0 0 0 0 0 5038646 30004 6384746 1263 -1346100 28741 -1317359 -1317359 0 0 0 0 0 0 0 0 0 HEAT RECOVERY OPERATIONS 900099 1193379 1193379 OTHER CAPITAL CREDIT AND PATRONAGE 900099 416877 416877 1610256 69708185 60772521 1978930 0 9000 0 0 817688 0 5326099 2053393 2254459 445890 0 197195 93310 30000 0 0 967954 32303 1529803 494019 0 1148475 1122367 0 49948 2875072 156229 4757478 251038 DIESEL FUEL 35281211 CAPITAL EXPENDITURES 6956734 MATERIALS 3637044 VILLAGE OPERATIONS 2317129 59508 72863346 0 0 16602121 4864534 561829 2399815 5544230 8290704 0 0 0 0 13685281 17465483 19960918 27173221 613886 653159 180501733 100002005 77584611 80499728 9593489 3541664 983669 918183 4625103 4917304 0 0 0 0 149755137 150723795 2417979 3029529 0 0 6058951 6165655 0 0 0 0 0 0 55571241 63755332 0 0 21170595 18670595 85218766 91621111 X 0 0 38259917 39406031 26276454 19696653 64536371 59102684 149755137 150723795 X -3155161 -630531 -1647995 X false true X true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 914834 914834 165927057 100002005 65925052 13659842 13659842 80499728 0 LINE OF CREDIT 18000000 POSTRETIREMENT BENEFITS OTHER 670595 18670595 X 62118149 -630531 -630531 62748680 6959505 6959505 69708185 65903841 65903841 6959505 6959505 72863346 FORM 990, SCHEDULE D, PART X, LINE 2: THE COOPERATIVE APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE COOPERATIVE ANNUALLY REVIEWS ITS TAX RETURN AND POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. THE COOPERATIVE BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 4B: GRANT REVENUE USED TO OFFSET CAPITAL ASSET ACQUISITION COST: $6,956,734 NEGATIVE REVENUES MOVED TO EXPENSES: $2,771 TOTAL $6,959,505 FORM 990, SCHEDULE D, PART XII, LINE 4B: GRANT REVENUE USED TO OFFSET CAPITAL ASSET ACQUISITION COST: $6,956,734 NEGATIVE REVENUES MOVED TO EXPENSES: $2,771 TOTAL $6,959,505 true STUDENT SCHOLARSHIPS 5 9000 FORM 990, SCHEDULE I, PART I, LINE 2: Students are chosen by a scholarship committee. The check for the scholarship is mailed to the school they attend. When student enrolls, it is released to the student for tuition, books, and/or room & board. If they do not attend, the amount is returned to AVEC. X X false false false WILLIAM STAMM PRESIDENT & CEO 276545 244934 521479 REBECCA LOPEZ CFO 155183 111956 267139 LENNY WELCH Mgr, Bethel Operations 225754 100332 326086 FOREST Button Mgr, Key Accounts 156487 88097 244584 DANIEL ALLIS Mgr, Operations 165278 131604 296882 WILLIAM THOMSON Engineering & Tech. Advisor 163676 104076 267752 SCOTT SANNER CIO 165784 93124 258908 FORM 990, PART VI, SECTION A, LINE 6: The cooperative is organized for the purpose of generating and distributing electric energy to its members. FORM 990, PART VI, SECTION A, LINE 7A: General members elect members to the board of directors, the governing body. 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: The 990 is distributed to the audit and budget committee consisting of three board members and two staff for review prior to filing. FORM 990, PART VI, SECTION B, LINE 12C: Board meetings begin with each board member filling out a 'conflict of interest questionnaireverbally declaring if they have any conflicts of interest. FORM 990, PART VI, SECTION B, LINE 15: Wage ranges are adjusted and reviewed for changes with data from industry and the State of Alaska, with approval from the board for all job classifications. Any changes to wages are done annually in conjunction with the employee's review conducted by his/her supervisor and approved by the CEO. The CEO's performance and compensation are reviewed annually with a written yearly contract. FORM 990, PART VI, SECTION C, LINE 19: The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, and the yearly financial statements are printed and dispersed to all members following the annual meeting. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED (1,759,197) OTHER CHANGES TO NET ASSETS 111,202 AVEC RETRIEE BENEFIT PLAN TRUST 4831 EAGLE STREET ANCHORAGE AK 99503 920152475 Retiremnt Ben AK Retiree BP N/A AVEC true MICROGEN TECHNOLOGIES INC 4831 EAGLE ST ANCHORAGE AK 99503 911758183 ELECTRICAL AK AVEC Corp 14498 287843 1.00000 true false false false false false true false false false false false false false true true false false false false