Matanuska Electric Association Inc
To provide safe reliable energy at reasonable rates with exceptional member service and commitment to the community we serve.
Matanuska Electric Association Inc at a glance
- Total assets
- $671,991,536
- +1.3% vs 2024
- Revenue (2025)
- $182,136,592
- +40.9% vs 2024
- Net investment income (2025)
- $282,966
- +237.5% vs 2024
- Expenses (2025)
- $182,136,592
- +40.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Matanuska Electric Association Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $9K.
Ready to take the next step with Matanuska Electric Association Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $671,991,536 | $182,136,592 | $182,136,592 | — | — | $282,966 |
| 2024 | $663,403,201 | $129,284,748 | $129,284,748 | — | — | $83,852 |
| 2023 | $648,703,351 | $166,127,735 | $166,127,735 | — | — | $318,585 |
| 2022 | $632,665,151 | $162,949,434 | $162,949,434 | — | — | $343,599 |
| 2021 | $634,431,622 | $159,633,412 | $159,633,412 | — | — | $124,039 |
| 2020 | $637,415,638 | $157,475,710 | $157,475,710 | $9,000 | 1 | $293,928 |
| 2019 | $635,846,812 | $150,676,163 | $150,676,163 | — | — | $599,656 |
About Matanuska Electric Association Inc
Based on IRS filings
Matanuska Electric Association Inc is a public charity, based in Palmer, AK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $672.0M in total assets. Net investment income was $283K.
Leadership & Key People
Officers and directors from IRS filings
Matanuska Electric Association Inc is led by Anthony M. Izzo, Chief Executive Officer on filings since 2019; all 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Anthony M. Izzo
Chief Executive Officer
On filings since 2019
60 hrs/week
$438K (2019) → $594K (2025)
Brian J. Hickey
Senior Advisor to the CEO
On filings since 2023
$420K (2023) → $406K (2025)
Bill Kendig
President
Secretary-Treasurer → President, 2022
On filings since 2020
4 hrs/week
$9K (2020) → $10K (2025)
Mark Masteller
Director
Director → Vice President, 2022
Vice President → Director, 2025
On filings since 2019
5 hrs/week
$8K (2019) → $7K (2025)
Mark Hamm
Director
On filings since 2021
2 hrs/week
$4K (2021) → $7K (2025)
Anastasia Buretta
Director
On filings since 2023
3 hrs/week
$4K (2023) → $7K (2025)
Maxwell Sumner
Director
On filings since 2023
3 hrs/week
$7K (2023) → $6K (2025)
Edward M. Jenkin
Chief Energy Transf. Officer
Chief Operations Officer → Chief Energy Transformatio Officer, 2023
Chief Energy Transformatio Officer → Chief Energy Transf. Officer, 2025
On filings since 2019
50 hrs/week
$255K (2019) → $356K (2025)
Matthew J. Reisterer
Chief Financial Officer
On filings since 2019
50 hrs/week
$249K (2019) → $365K (2025)
Wyatt A. Schmiege
Subforeman Lineman
On filings since 2019
66 hrs/week
$290K (2019) → $299K (2025)
Dan Tucker
Secretary-Treasurer
Director → Secretary-Treasurer, 2022
On filings since 2020
4 hrs/week
$3K (2020) → $8K (2025)
Arthur Keyes
Vice President
Director → Vice President, 2025
On filings since 2022
3 hrs/week
$3K (2022) → $7K (2025)
Julie Estey
Chief Strategy Officer
New on the 2025 filing
50 hrs/week
$318K (2025)
Tony Zellers
Chief Operating Officer
New on the 2025 filing
60 hrs/week
$355K (2025)
Former officers (12)
- Former: David W. Roby (2019–2023) — Subforeman Lineman
- Former: Peter H. Burchell (2019–2023) — Director
- Former: Tony G. Hardwick (2019–2023) — Journeyman Lineman
- Former: Catharine W. Kit Jones (2019–2022) — Director
- Former: Robert A. Bob Doyle (2019–2022) — Director
- Former: Caleb M. Pempek (2022) — Journeyman Lineman
- Former: Mark Kelsey (2022) — Director
- Former: Corey K. Randall (2019–2021) — Subforeman Lineman
- Former: David Glines (2019–2021) — Director
- Former: David W. Pease (2021) — In-House Counsel
- Former: Janet Kincaid (2019–2020) — Director
- Former: William D. Bill Kendig (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $594K, to Anthony M Izzo (Chief Executive Officer). 14 officers or directors reported compensation on that filing.
Frequently asked questions about Matanuska Electric Association Inc
How large is Matanuska Electric Association Inc?
Matanuska Electric Association Inc reported $672.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $182.1M.
Where does Matanuska Electric Association Inc operate?
Matanuska Electric Association Inc has awarded grants in Alaska.
What is Matanuska Electric Association Inc's EIN?
Matanuska Electric Association Inc's EIN (Employer Identification Number) is 92-0007954. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Matanuska Electric Association Inc's focus areas in our free grants database
Similar Funders
Similar funders in Alaska
The Aleut Foundation
Anchorage, AK
The Aleut Foundation supports education, career development, vocational training, and cultural preservation, primarily for Aleut shareholders and descendants; nearly all reported 2025 grant dollars went to Alaska. Grants ranged from $45 to $15,000 in 2025, with a median of $1,834. It states that it does not accept unsolicited funding requests, though eligible individuals can apply through its scholarship and career-development programs.
Assets
$565K
Grants
522
Total Given
$1.3M
Doyon Foundation
Fairbanks, AK
Doyon Foundation primarily funds scholarships, workforce development, and language revitalization for Doyon, Limited shareholders and their descendants, with a focus on Alaska Native communities; scholarship recipients may live outside Alaska. Typical itemized awards were $400–$5,500, with a $2,400 median, while specific scholarship programs offer different amounts. It accepts applications for its scholarship and language grant programs; the information provided does not state whether it accepts unsolicited requests for general grants.
Assets
$49.2M
Grants
552
Total Given
$1.3M
Arctic Education Foundation
Anchorage, AK
The Arctic Education Foundation supports scholarships, student assistance, skills training, and cultural education, primarily for eligible Iñupiat students pursuing higher education. Its 2024 awards ranged from $110 to $42,889, with a median of $5,750; 73% of grant dollars went to Alaska recipients. It accepts online scholarship applications; the profile does not state whether it accepts unsolicited requests for other funding.
Assets
$30.5M
Grants
411
Total Given
$2.9M
The Alaska Community Foundation
Anchorage, AK
The Alaska Community Foundation supports Alaska nonprofits and other eligible applicants through grants for community needs, youth programs, skills development, and other charitable work, as well as scholarships. In 2024, grants ranged from $5,019 to $1,359,483, with a median of $10,750; its Vocational Fund grants $10,000–$50,000. Competitive grants generally require applicants to serve Alaska, and applications are accepted through specific grant opportunities, but the profile does not state whether unsolicited requests are accepted.
Assets
$243.9M
Grants
343
Total Given
$12.3M
Rasmuson Foundation
Anchorage, AK
Rasmuson Foundation funds Alaska nonprofits, tribes, and local governments across a broad range of community needs, from small purchases to major capital and strategic projects. Grants range from $50 to $1 million, with a 2024 median of $5,000; Tier 1 awards are up to $35,000, Community Support grants up to $250,000, and Legacy grants exceed $250,000. Tier 1 applications are accepted year-round on a rolling basis; strategic grants are by invitation.
Assets
$845.4M
Grants
300
Total Given
$17.7M
Bristol Bay Foundation
Anchorage, AK
Bristol Bay Foundation funds education and cultural heritage projects, including scholarships for eligible BBNC shareholders and descendants and grants that preserve Bristol Bay’s Indigenous culture and way of life. In 2024, grants ranged from $200 to $16,000, with a median of $2,500; funding is for organizations in the Bristol Bay region or projects benefiting BBNC shareholders. It accepts unsolicited proposals through its online application process.
Assets
$40.8M
Grants
290
Total Given
$988K
More similar funders
More Funders in Alaska
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Matanuska Electric Association Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Matanuska Electric Association Inc down — hundreds of funders to go?