Matanuska Electric Association Inc
TO PROVIDE SAFE RELIABLE ENERGY AT REASONABLE RATES WITH EXCEPTIONAL MEMBER SERVICE AND COMMITMENT TO THE COMMUNITY WE SERVE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$663.4M
+2.3% YoY
Revenue
$129.3M
-22.2% YoY
Net Investment Income
$84K
-73.7% YoY
Expenses
$129.3M
-22.2% YoY
About Matanuska Electric Association Inc
Based on IRS filings
Matanuska Electric Association Inc is a nonprofit organization, based in PALMER, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $663.4M in total assets. Net investment income was $84K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $663,403,201 | $648,703,351 | $632,665,151 |
| Revenue | $129,284,748 | $166,127,735 | $162,949,434 |
| Expenses | $129,284,748 | $166,127,735 | $162,949,434 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $83,852 | $318,585 | $343,599 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILL KENDIG | PRESIDENT | 4 | — |
| MARK MASTELLER | VICE PRESIDENT | 5 | — |
| DAN TUCKER | SECRETARY-TREASURER | 4 | — |
| MARK HAMM | DIRECTOR | 5 | — |
| ARTHUR KEYES | DIRECTOR | 3 | — |
| ANASTASIA BURETTA | DIRECTOR | 3 | — |
| MAXWELL SUMNER | DIRECTOR | 2 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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