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Employer Identification Number 92-0007954

MATANUSKA ELECTRIC ASSOCIATION, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MATANUSKA ELECTRIC ASSOCIATION, INC.
Employer identification number (EIN):92-0007954
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:221100
401k Pension/Benefits registration MATANUSKA ELECTRIC ASSOCIATION, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationAlaska, AK

Organization Overview

Mission StatementENERGY SALES TO 65,220 MEMBER CUSTOMERS.
Number of Employees220
Number of Volunteers21
Year Formed1941

Organization Governance

Legal DomicileAK
Voting Members - Governing Body7
Voting Members - Independent6

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 162,115,649
Program Service Revenue from current yearUSD $ 165,323,927
Investment Income from prior yearUSD $ 343,599
Investment Income from current yearUSD $ 318,585
Other Revenue from prior yearUSD $ 490,186
Other Revenue from current yearUSD $ 485,223
Gross receipts from all sourcesUSD $ 166,165,688
Net assets / fund balances at end of fiscal yearUSD $ 197,291,454
Net assets / fund balances at beginning of fiscal yearUSD $ 190,479,770
Total liabilities at end of fiscal yearUSD $ 451,411,897
Total liabilities at beginning of fiscal yearUSD $ 442,185,381
Total assets at end of fiscal yearUSD $ 648,703,351
Total assets at beginning of fiscal yearUSD $ 632,665,151
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 166,127,735
Total expenses for previous yearUSD $ 162,949,434
Other expenses in current yearUSD $ 154,612,579
Other expenses in previous yearUSD $ 153,856,341
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,316,586
Employee salary and benefits paid in previous yearUSD $ 1,163,040
Benefits paid to or for members in current yearUSD $ 10,173,570
Benefits paid to or for members in previous yearUSD $ 7,912,053
Grants and similar amounts paid in current yearUSD $ 25,000
Grants and similar amounts paid in previous yearUSD $ 18,000
Total revenue in current fiscal yearUSD $ 166,127,735
Total revenue in previous fiscal yearUSD $ 162,949,434
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 490,445
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 159,021,015
Program Service Revenue from current yearUSD $ 162,115,649
Investment Income from prior yearUSD $ 124,039
Investment Income from current yearUSD $ 343,599
Other Revenue from prior yearUSD $ 488,358
Other Revenue from current yearUSD $ 490,186
Gross receipts from all sourcesUSD $ 162,949,434
Net assets / fund balances at end of fiscal yearUSD $ 190,479,770
Net assets / fund balances at beginning of fiscal yearUSD $ 184,095,052
Total liabilities at end of fiscal yearUSD $ 442,185,381
Total liabilities at beginning of fiscal yearUSD $ 450,336,570
Total assets at end of fiscal yearUSD $ 632,665,151
Total assets at beginning of fiscal yearUSD $ 634,431,622
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 162,949,434
Total expenses for previous yearUSD $ 159,633,412
Other expenses in current yearUSD $ 153,856,341
Other expenses in previous yearUSD $ 145,485,160
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,163,040
Employee salary and benefits paid in previous yearUSD $ 1,136,711
Benefits paid to or for members in current yearUSD $ 7,912,053
Benefits paid to or for members in previous yearUSD $ 12,999,541
Grants and similar amounts paid in current yearUSD $ 18,000
Grants and similar amounts paid in previous yearUSD $ 12,000
Total revenue in current fiscal yearUSD $ 162,949,434
Total revenue in previous fiscal yearUSD $ 159,633,412
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 490,186
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 156,697,788
Program Service Revenue from current yearUSD $ 159,021,015
Investment Income from prior yearUSD $ 293,928
Investment Income from current yearUSD $ 124,039
Other Revenue from prior yearUSD $ 483,994
Other Revenue from current yearUSD $ 488,358
Gross receipts from all sourcesUSD $ 159,633,412
Net assets / fund balances at end of fiscal yearUSD $ 184,095,052
Net assets / fund balances at beginning of fiscal yearUSD $ 173,015,663
Total liabilities at end of fiscal yearUSD $ 450,336,570
Total liabilities at beginning of fiscal yearUSD $ 464,399,975
Total assets at end of fiscal yearUSD $ 634,431,622
Total assets at beginning of fiscal yearUSD $ 637,415,638
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 159,633,412
Total expenses for previous yearUSD $ 157,475,710
Other expenses in current yearUSD $ 145,485,160
Other expenses in previous yearUSD $ 143,605,619
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,136,711
Employee salary and benefits paid in previous yearUSD $ 1,069,123
Benefits paid to or for members in current yearUSD $ 12,999,541
Benefits paid to or for members in previous yearUSD $ 12,778,968
Grants and similar amounts paid in current yearUSD $ 12,000
Grants and similar amounts paid in previous yearUSD $ 22,000
Total revenue in current fiscal yearUSD $ 159,633,412
Total revenue in previous fiscal yearUSD $ 157,475,710
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 488,358
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 149,596,143
Program Service Revenue from current yearUSD $ 156,697,788
Investment Income from prior yearUSD $ 599,656
Investment Income from current yearUSD $ 293,928
Other Revenue from prior yearUSD $ 480,364
Other Revenue from current yearUSD $ 483,994
Gross receipts from all sourcesUSD $ 157,475,710
Net assets / fund balances at end of fiscal yearUSD $ 173,015,663
Net assets / fund balances at beginning of fiscal yearUSD $ 161,377,927
Total liabilities at end of fiscal yearUSD $ 464,399,975
Total liabilities at beginning of fiscal yearUSD $ 474,468,885
Total assets at end of fiscal yearUSD $ 637,415,638
Total assets at beginning of fiscal yearUSD $ 635,846,812
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 157,475,710
Total expenses for previous yearUSD $ 150,676,163
Other expenses in current yearUSD $ 143,605,619
Other expenses in previous yearUSD $ 141,446,368
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,069,123
Employee salary and benefits paid in previous yearUSD $ 988,877
Benefits paid to or for members in current yearUSD $ 12,778,968
Benefits paid to or for members in previous yearUSD $ 8,230,418
Grants and similar amounts paid in current yearUSD $ 22,000
Grants and similar amounts paid in previous yearUSD $ 10,500
Total revenue in current fiscal yearUSD $ 157,475,710
Total revenue in previous fiscal yearUSD $ 150,676,163
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 483,994
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 150,046,314
Program Service Revenue from current yearUSD $ 149,596,143
Investment Income from prior yearUSD $ 410,520
Investment Income from current yearUSD $ 599,656
Other Revenue from prior yearUSD $ 468,080
Other Revenue from current yearUSD $ 480,364
Gross receipts from all sourcesUSD $ 150,676,163
Net assets / fund balances at end of fiscal yearUSD $ 161,377,927
Net assets / fund balances at beginning of fiscal yearUSD $ 154,642,086
Total liabilities at end of fiscal yearUSD $ 474,468,885
Total liabilities at beginning of fiscal yearUSD $ 484,479,397
Total assets at end of fiscal yearUSD $ 635,846,812
Total assets at beginning of fiscal yearUSD $ 639,121,483
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 150,676,163
Total expenses for previous yearUSD $ 150,924,914
Other expenses in current yearUSD $ 141,446,368
Other expenses in previous yearUSD $ 142,066,488
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 988,877
Employee salary and benefits paid in previous yearUSD $ 867,791
Benefits paid to or for members in current yearUSD $ 8,230,418
Benefits paid to or for members in previous yearUSD $ 7,972,135
Grants and similar amounts paid in current yearUSD $ 10,500
Grants and similar amounts paid in previous yearUSD $ 18,500
Total revenue in current fiscal yearUSD $ 150,676,163
Total revenue in previous fiscal yearUSD $ 150,924,914
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 480,364
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 30,910
Program Service Revenue from prior yearUSD $ 150,438,618
Program Service Revenue from current yearUSD $ 150,046,314
Investment Income from prior yearUSD $ 221,695
Investment Income from current yearUSD $ 410,520
Other Revenue from prior yearUSD $ 449,805
Other Revenue from current yearUSD $ 468,080
Gross receipts from all sourcesUSD $ 150,924,914
Net assets / fund balances at end of fiscal yearUSD $ 154,642,086
Net assets / fund balances at beginning of fiscal yearUSD $ 148,063,733
Total liabilities at end of fiscal yearUSD $ 484,479,397
Total liabilities at beginning of fiscal yearUSD $ 495,729,909
Total assets at end of fiscal yearUSD $ 639,121,483
Total assets at beginning of fiscal yearUSD $ 643,793,642
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 150,924,914
Total expenses for previous yearUSD $ 151,110,118
Other expenses in current yearUSD $ 142,066,488
Other expenses in previous yearUSD $ 139,367,863
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 867,791
Employee salary and benefits paid in previous yearUSD $ 755,605
Benefits paid to or for members in current yearUSD $ 7,972,135
Benefits paid to or for members in previous yearUSD $ 10,986,650
Grants and similar amounts paid in current yearUSD $ 18,500
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 150,924,914
Total revenue in previous fiscal yearUSD $ 151,110,118
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 468,080
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 139,371,310
Program Service Revenue from current yearUSD $ 150,438,618
Investment Income from prior yearUSD $ 131,683
Investment Income from current yearUSD $ 221,695
Other Revenue from prior yearUSD $ 449,685
Other Revenue from current yearUSD $ 449,805
Gross receipts from all sourcesUSD $ 151,110,118
Net assets / fund balances at end of fiscal yearUSD $ 148,063,733
Net assets / fund balances at beginning of fiscal yearUSD $ 137,409,336
Total liabilities at end of fiscal yearUSD $ 495,729,909
Total liabilities at beginning of fiscal yearUSD $ 509,528,142
Total assets at end of fiscal yearUSD $ 643,793,642
Total assets at beginning of fiscal yearUSD $ 646,937,478
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 151,110,118
Total expenses for previous yearUSD $ 139,952,678
Other expenses in current yearUSD $ 139,367,863
Other expenses in previous yearUSD $ 129,232,312
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 755,605
Employee salary and benefits paid in previous yearUSD $ 624,032
Benefits paid to or for members in current yearUSD $ 10,986,650
Benefits paid to or for members in previous yearUSD $ 10,096,334
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 151,110,118
Total revenue in previous fiscal yearUSD $ 139,952,678
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 449,805
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 144,910,954
Program Service Revenue from current yearUSD $ 139,371,310
Investment Income from prior yearUSD $ 105,826
Investment Income from current yearUSD $ 131,683
Other Revenue from prior yearUSD $ 438,312
Other Revenue from current yearUSD $ 449,685
Gross receipts from all sourcesUSD $ 139,952,678
Net assets / fund balances at end of fiscal yearUSD $ 137,409,336
Net assets / fund balances at beginning of fiscal yearUSD $ 127,699,295
Total liabilities at end of fiscal yearUSD $ 509,528,142
Total liabilities at beginning of fiscal yearUSD $ 518,325,956
Total assets at end of fiscal yearUSD $ 646,937,478
Total assets at beginning of fiscal yearUSD $ 646,025,251
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 139,952,678
Total expenses for previous yearUSD $ 145,455,092
Other expenses in current yearUSD $ 129,232,312
Other expenses in previous yearUSD $ 135,482,770
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 624,032
Employee salary and benefits paid in previous yearUSD $ 591,189
Benefits paid to or for members in current yearUSD $ 10,096,334
Benefits paid to or for members in previous yearUSD $ 9,381,133
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 139,952,678
Total revenue in previous fiscal yearUSD $ 145,455,092
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 449,685
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 120,420,424
Program Service Revenue from current yearUSD $ 144,910,954
Investment Income from prior yearUSD $ 105,543
Investment Income from current yearUSD $ 105,826
Other Revenue from prior yearUSD $ 436,797
Other Revenue from current yearUSD $ 438,312
Gross receipts from all sourcesUSD $ 145,455,092
Net assets / fund balances at end of fiscal yearUSD $ 127,699,295
Net assets / fund balances at beginning of fiscal yearUSD $ 118,195,161
Total liabilities at end of fiscal yearUSD $ 518,325,956
Total liabilities at beginning of fiscal yearUSD $ 504,018,648
Total assets at end of fiscal yearUSD $ 646,025,251
Total assets at beginning of fiscal yearUSD $ 622,213,809
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 145,455,092
Total expenses for previous yearUSD $ 120,962,764
Other expenses in current yearUSD $ 135,482,770
Other expenses in previous yearUSD $ 111,028,847
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 591,189
Employee salary and benefits paid in previous yearUSD $ 1,355,352
Benefits paid to or for members in current yearUSD $ 9,381,133
Benefits paid to or for members in previous yearUSD $ 8,578,565
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 145,455,092
Total revenue in previous fiscal yearUSD $ 120,962,764
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 438,312

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 920007954

USA Mailing Address
163 E. INDUSTRIAL WAY
PALMER
AK
99645
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Location Address
163 E. INDUSTRIAL WAY
PALMER
AK
99645
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
PO BOX 2929
PALMER
AK
996452929
Date first seen: 2014-08-14
Date last seen: 2021-08-10

The following addresses have been found in other jurisdictions:

Jurisdiction:Alaska Department Commerce, Community & Economic Development
Address:
163 E INDUSTRIAL WAY
PALMER
AK
99645
Jurisdiction Company ID:
Jurisdiction Registration Date:
Jurisdiction:Alaska Department Commerce, Community & Economic Development
Address:
P O BOX 2929
PALMER
AK
99645
Jurisdiction Company ID:
Jurisdiction Registration Date:
Jurisdiction:Alaska Department of Commerce
Address:
P O BOX 2929, PALMER, AK 99645
Jurisdiction Company ID:
Jurisdiction Registration Date:

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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