2024-11-12T11:43:15-06:00 2023-12-31 BDO USA 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2023-01-01 920035763 Alaska Village Electric Cooperative Inc % DEBRA CALDWELL ALAS 9075611818 4831 EAGLE STREET ANCHORAGE AK 99503 WILLIAM STAMM PRESIDENT & CEO 9075611818 2024-11-11 true true Rachael Mohns EA P01966977 9072788878 2024-11-06 2023 2024-10-15 13:58:12Z WILLIAM STAMM 4831 EAGLE STREET ANCHORAGE AK 99503 93622110 false X www.avec.org X 1967 AK To provide electric power to 59 remote Alaskan villages. 7 7 119 0 6956734 14611093 60772521 73981089 368674 3039075 1610256 1661960 69708185 93293217 9000 14000 0 0 10897529 9089871 0 0 0 61956817 81522981 72863346 90626852 -3155161 2666365 150723795 161783977 91621111 100209679 59102684 61574298 TO PROVIDE ELECTRIC POWER TO 59 REMOTE ALASKAN VILLAGES. false false GENERATED 135.6 M KWH FOR USE BY 11,569 CONSUMERS IN 59 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 158 0 true 119 true false false false false false 73981089 5029928 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 DEBRA CALDWELL 9075611818 4831 EAGLE STREET Anchorage AK 99503 X WILLIAM STAMM PRESIDENT & CEO 45.0 0.0 X 290534 0 224032 DANIEL ALLIS Mgr, Operations 45.0 0.0 X 175449 0 187659 LENNY WELCH Mgr, Bethel Operations 45.0 0.0 X 228147 0 107351 Darren Westby Mgr, Engineering 45.0 0.0 X 160962 0 122319 FOREST Button Mgr, Key Accounts 45.0 0.0 X 161960 0 97922 SCOTT SANNER CIO 45.0 0.0 X 168826 0 83087 REBECCA LOPEZ CFO 45.0 0.0 X 159137 0 47768 HOMER HUNTER JR DIRECTOR 2.0 0.0 X 6450 0 0 HELENA R JONES VICE-CHAIRMAN 2.0 0.0 X X 5550 0 0 PHYLLIS CLOUGH SECRETARY 2.0 0.0 X X 5550 0 0 Frederick Beans Director 2.0 0.0 X 5250 0 0 Sandra Tall-Lake Treasurer 2.0 0.0 X X 4350 0 0 Fred Sagoonick CHAIRMAN OF BOARD 4.0 0.0 X X 2850 0 0 PETER J DEMOSKI Director 2.0 0.0 X 2850 0 0 Robert Beans Sr DIRECTOR 2.0 0.0 X 300 0 0 ROBERT HOFFMAN DIRECTOR 2.0 0.0 X 300 0 0 1378465 0 870138 16 false true false STG INC 11710 S Gambell St ANCHORAGE AK 99515 Capital Projects 6495574 UIC SANATU LLC 6700 Arctic Spur Road ANCHORAGE AK 99518 Capital Projects 2565207 UIC CONSTRUCTION LLC 6700 Arctic Spur Road ANCHORAGE AK 99518 Capital Projects 1160990 CRW ENGINEERING GROUP INC 3940 Arctic BLVD STE 300 ANCHORAGE AK 99503 Engineering Svcs 624211 ALASCONNECT LLC 612 Illinois Street FAIRBANKS AK 99707 IT SERVICES 621799 17 14611093 0 14611093 FUEL REVENUE 221000 44965902 44965902 ELECTRIC REVENUE 221000 29015187 29015187 73981089 2964696 2964696 0 0 0 0 0 403272 328893 74379 74379 74379 0 0 0 0 0 0 0 0 0 HEAT RECOVERY OPERATIONS 900099 1449132 1449132 OTHER CAPITAL CREDIT AND PATRONAGE 900099 193055 193055 OTHER REVENUE 900099 19773 19773 1661960 93293217 73981089 4701035 0 14000 0 0 754921 0 4747819 2248407 877887 460837 0 64691 94149 30000 0 0 964939 20542 1546890 864751 0 1258846 1172564 0 53114 4066074 139432 4870014 264727 DIESEL FUEL 43808605 CAPITAL EXPENDITURES 14611093 MATERIALS 4878432 VILLAGE OPERATIONS 2751427 62691 90626852 0 0 4864534 2337222 2399815 6049012 8290704 9179384 0 0 0 0 17465483 16867648 27173221 33285386 653159 921581 187969565 104577929 80499728 83391636 3541664 4131610 918183 681083 4917304 4939415 0 0 0 0 150723795 161783977 3029529 6077498 0 0 6165655 5383916 0 0 0 0 0 0 63755332 67877670 0 0 18670595 20870595 91621111 100209679 X 0 0 39406031 43332869 19696653 18241429 59102684 61574298 150723795 161783977 X 2666365 -211714 16963 X false true X true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 914834 914834 179782476 104577929 75204547 7272255 7272255 83391636 0 LINE OF CREDIT 20200000 POSTRETIREMENT BENEFITS OTHER 670595 20870595 X 78470410 -211714 -211714 78682124 14611093 14611093 93293217 76015759 76015759 14611093 14611093 90626852 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: $14,611,093 TOTAL $14,611,093 FORM 990, SCHEDULE D, PART XII, LINE 4B: GRANT REVENUE USED TO OFFSET CAPITAL ASSET ACQUISITION COST: $14,611,093 TOTAL $14,611,093 true STUDENT SCHOLARSHIPS 10 14000 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 290534 224032 514566 REBECCA LOPEZ CFO 159137 47768 206905 LENNY WELCH Mgr, Bethel Operations 228147 107351 335498 FOREST Button Mgr, Key Accounts 161960 97922 259882 DANIEL ALLIS Mgr, Operations 175449 187659 363108 SCOTT SANNER CIO 168826 83087 251913 Darren Westby Mgr, Engineering 160962 122319 283281 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: OTHER CHANGES TO NET ASSETS 16,963 AVEC RETIREE 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 16136 303979 1.00000 true false false false false false true false false false false false false false true true false false false false