Golden Valley Electric Association Inc logo

Golden Valley Electric Association Inc

Public charity · Grantmaker Fairbanks, AK EIN: 92-0014712 Website

Key facts about Golden Valley Electric Association Inc

In short: Golden Valley Electric Association Inc gave $21K across 1 grant in 2024 (avg $21K), mostly in Alaska. Source: 2024 IRS Form 990.

EIN
92-0014712
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$21,371
Grants made (2024)
1
Average grant
$21,371
Median grant
$21,371
Total assets
$764,269,185
Primary geography
Alaska (100% of itemized 2024 grant dollars)
Next open deadline
February 15, 2027 (GVEA Scholarships)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$764.3M

-2.6% YoY

Annual Giving

$21K

-11.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$21K

-11.7% YoY

How Golden Valley Electric Association Inc gives

  • Giving fell 87% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Golden Valley Electric Association Inc

Based on IRS filings

Golden Valley Electric Association Inc is a public charity, based in Fairbanks, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764.3M in total assets. In 2024, it awarded 1 grant totaling $21K. Net investment income was $2.4M.

Open Grants

2 open opportunities from Golden Valley Electric Association Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

FairbanksFairbnks

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 2 grants2021 2 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $21K (2024) to $169K (2021). In 2024 it made 1 grant totaling $21K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

United Way of the Tanana Valley: $21KUnited Way of the TananaValley$21K

The largest 2024 recipient was United Way of the Tanana Valley ($21K).

Grant Size Distribution

8 grants across all recorded years

4<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 8 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United Way of the Tanana Valley Fairbnks, AKCharitable Contributions$21,371

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100M$200M$300M$400M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$764,269,185$785,044,640$748,155,757
Revenue$309,695,755$295,865,368$290,488,698
Expenses$307,253,354$292,938,561$286,809,541
Net Investment Income$2,383,598$2,112,015$2,968,255

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Golden Valley Electric Association Inc is led by John J Burns, President & Ceo: Jan-June since 2024 (on filings since 2020); all 23 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • John J Burns

    President & Ceo: Jan-June

    President & CEO → President & Ceo: Jan-June, 2024

    On filings since 2020

    27.2 hrs/week

    $297K (2020) → $286K (2024)

  • Travis Million

    President & Ceo: June-Dec

    New on the 2024 filing

    40 hrs/week

    $314K (2024)

  • Thomas P DeLong

    Chairman

    On filings since 2021

    10.9 hrs/week

    $21K (2021) → $20K (2024)

  • Daniel R Bishop

    Director of Engineering Svcs.

    Engineering Services Manager → Director of Engineering Svcs, 2022

    Director of Engineering Svcs → Director of Engineering Svcs., 2023

    On filings since 2020

    46.8 hrs/week

    $204K (2020) → $243K (2024)

  • Richard J Solie Jr.

    Director

    On filings since 2020

    5.4 hrs/week

    $6K (2020) → $16K (2024)

  • Todd M Adams

    Director

    On filings since 2021

    4.7 hrs/week

    $6K (2021) → $6K (2024)

  • Abbigail M Dillard

    Director of Member Services

    On filings since 2022

    65.4 hrs/week

    $177K (2022) → $226K (2024)

  • Christopher M Forrest

    Director of Power Supply

    On filings since 2022

    40.5 hrs/week

    $181K (2022) → $226K (2024)

  • Frederick W Sheen

    Director

    On filings since 2022

    7.7 hrs/week

    $8K (2022) → $19K (2024)

  • Nathaniel Minnema

    Director of Operations

    On filings since 2022

    44.2 hrs/week

    $153K (2022) → $194K (2024)

  • Reagan M Russell

    Director of Human Resources

    Director of Human Resources → Director of Hr, 2023

    Director of Hr → Director of Human Resources, 2024

    On filings since 2022

    47.1 hrs/week

    $157K (2022) → $213K (2024)

  • Shannon C Telling

    Director of Information Tech.

    Director of Information Tech. → Director of Info. Technology, 2023

    Director of Info. Technology → Director of Information Tech., 2024

    On filings since 2022

    40.9 hrs/week

    $167K (2022) → $181K (2024)

  • Krista M Zappone

    Director

    New on the 2024 filing

    3.1 hrs/week

    $12K (2024)

  • Christopher M Bunch

    Vice Chairman

    Director → Vice Chairman, 2023

    On filings since 2020

    6.6 hrs/week

    $13K (2020) → $14K (2024)

  • David Pelunis-Messier

    Treasurer

    On filings since 2020

    4.9 hrs/week

    $16K (2020) → $20K (2024)

  • Gary C Newman

    Secretary

    On filings since 2020

    18.9 hrs/week

    $18K (2020) → $20K (2024)

  • John H Kelly

    Gas Turbine Plant Manager

    On filings since 2020

    40 hrs/week

    $203K (2020) → $222K (2024)

  • Naomi Morton Knight

    Environmental Officer

    Director of Engineering Servic → Environmental Officer, 2024

    On filings since 2021

    40.1 hrs/week

    $157K (2021) → $187K (2024)

  • Benjamin H Porter

    Lineman Journeyman

    On filings since 2022

    54.4 hrs/week

    $215K (2022) → $220K (2024)

  • Ian P Olesen

    Lineman Journeyman

    Lineman Journeymen → Lineman Journeyman, 2023

    On filings since 2022

    56.3 hrs/week

    $216K (2022) → $218K (2024)

  • Sarah J Rixie

    CFO

    On filings since 2022

    50.6 hrs/week

    $222K (2022) → $264K (2024)

  • Jared B Carter

    E & I Foreman

    On filings since 2023

    54 hrs/week

    $204K (2023) → $211K (2024)

  • James Gappert

    Lineman Journeyman

    New on the 2024 filing

    58.8 hrs/week

    $211K (2024)

Former officers (22)
  • Former: Richard A Lusby (2020–2023) — Healy Plant Manager
  • Former: Naomi J Morton Knight Former (2022–2023) — Environmental Officer
  • Former: Nathaniel J Minnema Former (2023) — Manager of Engineering Service
  • Former: Frank Perkins (2020–2022) — Vice President of Power Supply · Filing note: Terminated
  • Former: John K Sloan (2020–2022) — Vice Chairman
  • Former: Joshua Davis (2020–2022) — Director of Operations · Filing note: Terminated
  • Former: Peter Sarauer (2020–2022) — Power Systems Manager
  • Former: Ronald E Woolf (2020–2022) — CFO · Filing note: Terminated
  • Former: Joseph Waggoner (2022) — Lineman Journeyman
  • Former: Marc Dugas (2022) — Lineman Journeyman
  • Former: Bradley Jay Benson (2020–2021) — Director
  • Former: David H Brown (2021) — Assistant Healy Plant Manager
  • Former: Cory R Borgeson (2020) — President & CEO - Terminated
  • Former: Gary P Betsill (2020) — Vice President Operations - Terminated
  • Former: Leo I Quiachon (2020) — Vice President Engineering Services - Term
  • Former: Monica Grassi (2020) — Vice President Member Services - Terminate
  • Former: Nathan Minnema (2020) — Director of Engineering
  • Former: Richard J Piech (2020) — Operations Manager
  • Former: Rick Schikora (2020) — Director - Terminated
  • Former: Tom DeLong (2020) — Chairman
  • Former: William D Nordmark (2020) — Director - Terminated
  • Former: William Kirkenir (2020) — Vice President Strat. Development - Terminated

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Travis Million — President & CEO: June-Dec 2024: $314KTravis MillionPresident & CEO: June-Dec 2024$314KJohn Burns — President & CEO: Jan-June 2024: $286KJohn BurnsPresident & CEO: Jan-June 2024$286KSarah Rixie — CFO: $264KSarah RixieCFO$264KDaniel Bishop — Director of Engineering SVCS.: $243KDaniel BishopDirector of Engineering SVCS.$243KChristopher Forrest — Director of Power Supply: $226KChristopher ForrestDirector of Power Supply$226KAbbigail Dillard — Director of Member Services: $226KAbbigail DillardDirector of Member Services$226KJohn Kelly — Gas Turbine Plant Manager: $222KJohn KellyGas Turbine Plant Manager$222KBenjamin Porter — Lineman Journeyman: $220KBenjamin PorterLineman Journeyman$220KIan Olesen — Lineman Journeyman: $218KIan OlesenLineman Journeyman$218KReagan Russell — Director of Human Resources: $213KReagan RussellDirector of Human Resources$213KJames Gappert — Lineman Journeyman: $211KJames GappertLineman Journeyman$211KJared Carter — E & I Foreman: $211KJared CarterE & I Foreman$211KNathaniel Minnema — Director of Operations: $194KNathaniel MinnemaDirector of Operations$194KNaomi Morton Knight — Environmental Officer: $187KNaomi Morton KnightEnvironmental Officer$187KShannon Telling — Director of Information Tech.: $181KShannon TellingDirector of Information Tech.$181KGary C Newman — Secretary: $20KGary C NewmanSecretary$20KDavid Pelunis-Messier — Treasurer: $20KDavid Pelunis-MessierTreasurer$20KThomas P DeLong — Chairman: $20KThomas P DeLongChairman$20KFrederick W Sheen — Director: $19KFrederick W SheenDirector$19KRichard J Solie Jr — Director: $16KRichard J Solie JrDirector$16KChristopher M Bunch — Vice Chairman: $14KChristopher M BunchVice Chairman$14KKrista M Zappone — Director: $12KKrista M ZapponeDirector$12KTodd M Adams — Director: $6KTodd M AdamsDirector$6K

The highest reported compensation on the 2024 filing was $314K, to Travis Million (President & CEO: June-Dec 2024). 23 officers or directors reported compensation on that filing.

Frequently asked questions about Golden Valley Electric Association Inc

How much does Golden Valley Electric Association Inc give each year?

Golden Valley Electric Association Inc gave $21K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $24K across 1 grant.

How large is Golden Valley Electric Association Inc?

Golden Valley Electric Association Inc reported $764.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $309.7M.

Where does Golden Valley Electric Association Inc operate?

Golden Valley Electric Association Inc has awarded grants in Alaska.

What is Golden Valley Electric Association Inc's EIN?

Golden Valley Electric Association Inc's EIN (Employer Identification Number) is 92-0014712. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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