#422 of 500 · Trade, Professional & Labor
Chugach Electric Association Inc
The largest member-owned electric cooperative in Alaska, founded in 1948. It generates and distributes electricity to over 90,000 members at more than 113,000 metered locations across the Anchorage area, governed by a member-elected board. It emphasizes reliable, affordable power and sustainable energy development.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $365.1M
- Expenses
- $365.1M
- Total assets
- $1.81B
- Net assets
- $218.1M
- Operating margin
- 0.0%
- 1-year growth
- 2.8%
- 5-year growth (CAGR)
- 14.4%
- Reserve (years of spending)
- 7.2
- Contributions share
- n/a
- Programme spending
- 99.5%
- Fundraising cost
- n/a
- Executive pay share
- 0.73%
- Employees
- 525
- Revenue per employee
- $695K
- Grants paid
- $42K
- Years filing
- 72
NFP Health Score: 74 / 100
Financial 53 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To provide safe, reliable and affordable electricity through superior service and sustainable practices, powering the lives of our members.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $213.2M |
| 2020 | $237.9M |
| 2021 | $354.8M |
| 2022 | $355.2M |
| 2023 | $365.1M |