Golden Valley Electric Association Inc
Golden Valley Electric Association Inc at a glance
In short: Golden Valley Electric Association Inc gave $21K across 1 grant in 2024 (avg $21K), mostly in Alaska. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $21,371
- -11.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $21,371
- -11.7% vs 2023
- Median grant
- $21,371
- Total assets
- $764,269,185
- -2.6% vs 2023
- Primary geography
- Alaska (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Golden Valley Electric Association Inc
- Next open deadline
- February 15, 2027 (GVEA Scholarships)
Open Grants
2 open opportunities from Golden Valley Electric Association Inc
Who Golden Valley Electric Association Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was United Way of the Tanana Valley ($21K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Golden Valley Electric Association Inc gives
- Giving fell 87% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $21K (2024) to $169K (2021). In 2024 it made 1 grant totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of the Tanana Valley Fairbnks, AK | Charitable Contributions | $21,371 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $764,269,185 | $309,695,755 | $307,253,354 | $21,371 | 1 | $2,383,598 |
| 2023 | $785,044,640 | $295,865,368 | $292,938,561 | $24,205 | 1 | $2,112,015 |
| 2022 | $748,155,757 | $290,488,698 | $286,809,541 | $73,003 | 2 | $2,968,255 |
| 2021 | $748,489,323 | $261,622,497 | $257,770,222 | $169,372 | 2 | $3,677,165 |
| 2020 | $736,665,549 | $242,508,508 | $239,567,195 | $106,744 | 2 | $1,563,816 |
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Alaska
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Funders with grantees in common, and similar funders in Alaska
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Total Given
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More similar funders
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Golden Valley Electric Association Inc down — hundreds of funders to go?