2025-11-14T19:13:30-05:00 2024-12-31 BDO USA 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2024-01-01 920035763 Alaska Village Electric Cooperative Inc % DEBRA CALDWELL ALAS 9075611818 4831 EAGLE STREET ANCHORAGE AK 99503 WILLIAM R STAMM PRESIDENT & CEO 9075611818 2025-11-14 true true Rachael Mohns EA P01966977 9072788878 2025-11-14 2024 2025-03-06 01:10:19Z WILLIAM R STAMM 4831 EAGLE STREET ANCHORAGE AK 99503 90742428 false X www.avec.org X 1967 AK To provide electric power to 59 remote Alaskan villages. 7 7 120 0 14611093 6542418 73981089 77931939 3039075 2745215 1661960 2838396 93293217 90057968 14000 15000 0 0 9089871 9675926 0 0 0 81522981 71976439 90626852 81667365 2666365 8390603 161783977 169266304 100209679 99195727 61574298 70070577 TO PROVIDE ELECTRIC POWER TO 59 REMOTE ALASKAN VILLAGES. false false GENERATED 135.5 M KWH FOR USE BY 11,530 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 120 0 true 120 true false false false false false 77931939 6268071 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 314632 0 237328 LENNY WELCH Mgr, Bethel Operations 45.0 0.0 X 243863 0 115709 David Johnson Mgr, Operations 45.0 0.0 X 206443 0 97305 William Thomson Engineering & Technology Adv. 45.0 0.0 X 175009 0 124400 FOREST Button Mgr, Key Accounts 45.0 0.0 X 170738 0 117345 DANIEL ALLIS MGR, OGS 45.0 0.0 X 204658 0 28318 REBECCA LOPEZ CFO (Jan - July 2024) 45.0 0.0 X 92134 0 58418 Debra Caldwell CFO (July - Dec 2024) 45.0 0.0 X 78131 0 48727 HELENA R JONES VICE-CHAIRMAN 2.0 0.0 X X 7500 0 0 Fred Sagoonick CHAIRMAN OF BOARD 4.0 0.0 X X 6600 0 0 Sandra Tall-Lake Secretary 2.0 0.0 X X 6300 0 0 Frederick Beans Director 2.0 0.0 X 4800 0 0 PETER J DEMOSKI Treasurer 2.0 0.0 X X 3900 0 0 HOMER HUNTER JR DIRECTOR 2.0 0.0 X 3450 0 0 PHYLLIS CLOUGH Director (Jan - April 2024) 2.0 0.0 X 2700 0 0 Michael Peters Director (Apr - Dec 2024) 2.0 0.0 X 2700 0 0 1523558 0 827550 21 false true false UIC SANATU LLC 6700 Arctic Spur Road ANCHORAGE AK 99518 Capital Projects 1002290 ELECTRIC POWER CONSTRUCTORS INC 3305 ARCTIC BLVD STE 201 ANCHORAGE AK 99503 Capital Projects 667162 CRW ENGINEERING GROUP INC 3940 Arctic BLVD STE 300 ANCHORAGE AK 99503 Engineering Svcs 643951 STG INC 11820 S Gambell St ANCHORAGE AK 99515 Capital Projects 625068 ALASCONNECT LLC 612 Illinois Street FAIRBANKS AK 99707 IT SERVICES 596147 14 6542418 0 6542418 FUEL REVENUE 221000 45524649 45524649 ELECTRIC REVENUE 221000 32407290 32407290 77931939 2469338 2469338 0 0 0 0 0 960337 684460 275877 275877 275877 0 0 0 0 0 0 0 0 0 ACTUARIAL VALUATION 900099 1356587 1356587 HEAT RECOVERY OPERATIONS 900099 1179141 1179141 OTHER CAPITAL CREDIT AND PATRONAGE 900099 276789 276789 25879 25879 2838396 90057968 77931939 5583611 0 15000 0 0 867320 0 5510436 2130457 657711 510002 0 181813 152401 30000 0 0 1074101 18596 1726471 668622 0 1545645 1338813 0 65613 4190974 177604 5586632 276406 DIESEL FUEL 42322929 CAPITAL EXPENDITURES 6542418 MATERIALS 3244447 VILLAGE OPERATIONS 2770228 62726 81667365 0 0 2337222 3098340 6049012 2475861 9179384 10995201 0 0 0 0 16867648 16389301 33285386 35196879 921581 6830665 193667820 109920551 83391636 83747269 4131610 4454217 681083 1010702 4939415 5067869 0 0 0 0 161783977 169266304 6077498 4252522 0 0 5383916 10369471 0 0 0 0 0 0 67877670 66073734 0 0 20870595 18500000 100209679 99195727 X 0 0 43332869 48572437 18241429 21498140 61574298 70070577 161783977 169266304 X 8390603 337431 -231755 X false true X true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 914834 914834 185211095 109920551 75290544 7541891 7541891 83747269 0 LINE OF CREDIT 18500000 18500000 X 83852981 337431 337431 83515550 6542418 6542418 90057968 75124947 75124947 6542418 6542418 81667365 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: $6,542,418 TOTAL $6,542,418 FORM 990, SCHEDULE D, PART XII, LINE 4B: GRANT REVENUE USED TO OFFSET CAPITAL ASSET ACQUISITION COST: $6,542,418 TOTAL $6,542,418 true STUDENT SCHOLARSHIPS 11 15000 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 314632 188423 48905 551960 REBECCA LOPEZ CFO (Jan - July 2024) 92134 27975 30443 150552 LENNY WELCH Mgr, Bethel Operations 243863 74474 41235 359572 FOREST Button Mgr, Key Accounts 170738 69351 47994 288083 DANIEL ALLIS MGR, OGS 204658 -12074 40392 232976 William Thomson Engineering & Technology Adv. 175009 85638 38762 299409 David Johnson Mgr, Operations 206443 74973 22332 303748 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 (272,954) OTHER CHANGES TO NET ASSETS 41,199 Total: (231,755) AVEC RETIREE BENEFIT PLAN TRUST 4831 EAGLE STREET ANCHORAGE AK 99503 920152475 Retirement AK Retiree BP N/A AVEC true MICROGEN TECHNOLOGIES INC 4831 EAGLE ST ANCHORAGE AK 99503 911758183 ELECTRICAL AK AVEC C Corp 8845 325494 1.00000 true false false false false false true false false false false false false false true true false false false false