Civic Intelligence

Alaska Power Association - Amended

EIN 92-0069880 • 501(c)6 • Anchorage, AK

Profile

The purpose of the organization is to promote and encourage cooperation among alaska electric utilities and their customers while promoting the operation of electrical plants adequate for the needs of alaskan consumers.

703 West Tudor Road Suite 200Anchorage, AK 99503

www.alaskapower.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.13x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.11x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

0.7%

Higher net margin than 37% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

1.2%

Faster asset growth than 35% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-2.9%

Faster revenue growth than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$1,046,948

Up $12,038 (+1.2%) from 2023

Liabilities

Down

$132,636

Down $25,681 (-16%) from 2023

Net Assets

Up

$914,312

Up $37,719 (+4.3%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin37th percentile

Revenue

Down

$1,232,684

Down $37,189 (-2.9%) from 2023

Expenses

Up

$1,224,470

Up $103,490 (+9.2%) from 2023

Net Income

Down

$8,214

Down $140,679 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $768,900Liabilities 2010: $258,180Net Assets 2010: $510,7202010Assets 2011: $769,469Liabilities 2011: $216,621Net Assets 2011: $552,8482011Assets 2012: $525,838Liabilities 2012: $251,901Net Assets 2012: $273,9372012Assets 2013: $419,734Liabilities 2013: $181,374Net Assets 2013: $238,3602013Assets 2014: $312,886Liabilities 2014: $72,559Net Assets 2014: $240,3272014Assets 2015: $371,307Liabilities 2015: $74,883Net Assets 2015: $296,4242015Assets 2016: $396,783Liabilities 2016: $68,563Net Assets 2016: $328,2202016Assets 2017: $494,200Liabilities 2017: $82,424Net Assets 2017: $411,7762017Assets 2018: $569,528Liabilities 2018: $105,811Net Assets 2018: $463,7172018Assets 2019: $704,763Liabilities 2019: $114,659Net Assets 2019: $590,1042019Assets 2020: $884,931Liabilities 2020: $111,881Net Assets 2020: $773,0502020Assets 2021: $819,416Liabilities 2021: $93,790Net Assets 2021: $725,6262021Assets 2022: $851,633Liabilities 2022: $125,302Net Assets 2022: $726,3312022Assets 2023: $1,034,910Liabilities 2023: $158,317Net Assets 2023: $876,5932023Assets 2024: $1,046,948Liabilities 2024: $132,636Net Assets 2024: $914,3122024

Highlighted filing

2024

Assets$1,046,948
Liabilities$132,636
Net Assets$914,312
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $887,984Expenses 2010: $871,126Net Income 2010: $16,8582010Revenue 2011: $861,849Expenses 2011: $818,428Net Income 2011: $43,4212011Expenses 2012: $858,6192012Revenue 2013: $870,350Expenses 2013: $905,927Net Income 2013: -$35,5772013Revenue 2014: $920,869Expenses 2014: $918,902Net Income 2014: $1,9672014Revenue 2015: $952,626Expenses 2015: $896,529Net Income 2015: $56,0972015Revenue 2016: $894,949Expenses 2016: $863,153Net Income 2016: $31,7962016Revenue 2017: $889,882Expenses 2017: $806,326Net Income 2017: $83,5562017Revenue 2018: $989,533Expenses 2018: $937,592Net Income 2018: $51,9412018Revenue 2019: $1,177,242Expenses 2019: $1,050,855Net Income 2019: $126,3872019Revenue 2020: $1,172,073Expenses 2020: $979,706Net Income 2020: $192,3672020Revenue 2021: $909,546Expenses 2021: $956,528Net Income 2021: -$46,9822021Revenue 2022: $977,504Expenses 2022: $980,691Net Income 2022: -$3,1872022Revenue 2023: $1,269,873Expenses 2023: $1,120,980Net Income 2023: $148,8932023Revenue 2024: $1,232,684Expenses 2024: $1,224,470Net Income 2024: $8,2142024

Highlighted filing

2024

Revenue$1,232,684
Expenses$1,224,470
Net Income$8,214
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,046,948
Liabilities
$132,636
Net assets
$914,312
Revenue
$1,232,684
Expenses
$1,224,470
Net income
$8,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.13$0.91$1.23$1.22$0.01
2023Summary only. Only limited summary data is available for this year.$1.03$0.16$0.88$1.27$1.12$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.13$0.73$0.98$0.98$0.00
2021Summary only. Only limited summary data is available for this year.$0.82$0.09$0.73$0.91$0.96$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.11$0.77$1.17$0.98$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.11$0.59$1.18$1.05$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.11$0.46$0.99$0.94$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.08$0.41$0.89$0.81$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.07$0.33$0.89$0.86$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.07$0.30$0.95$0.90$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.07$0.24$0.92$0.92$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.18$0.24$0.87$0.91$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.25$0.27$0.86
2011Summary only. Only limited summary data is available for this year.$0.77$0.22$0.55$0.86$0.82$0.04
2010Summary only. Only limited summary data is available for this year.$0.77$0.26$0.51$0.89$0.87$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$1,245,144
Mission and Program Overview

Mission

The purpose of the organization is to promote and encourage cooperation among alaska electric utilities and their customers while promoting the operation of electrical plants adequate for the needs of alaskan consumers.

Promote and encourage cooperation among Alaska electric utilities and their customers while promoting the operation of electrical plants adequate for the needs of Alaskan consumers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$478,185$546,538▲ $68,353
Savings and Temporary Cash Investments$73,532$201,650▲ $128,118
Cash and Non-Interest-Bearing Accounts$202,272$149,655▼ $52,617
Prepaid Expenses and Deferred Charges$42,196$24,924▼ $17,272
Land, Buildings, and Equipment, Net$20,312$11,261▼ $9,051
Accounts Receivable$13,649$7,904▼ $5,745
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,034,910$1,046,948▲ $12,038
Other Assets Total$204,764$105,016▼ $99,748
Liabilities
Accounts Payable and Accrued Expenses$92,317$94,065▲ $1,748
Deferred Revenue$63,500$38,571▼ $24,929
Other Liabilities$2,500--
Total Liabilities$158,317$132,636▼ $25,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$876,593$914,312▲ $37,719
Total Net Assets Fund Balance$876,593$914,312▲ $37,719
Total Liabilities and Net Assets / Fund Balance$1,034,910$1,046,948▲ $12,038

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,082$67,630$75,712
Buildings-$60,441$60,441
Equipment$3,179$17,958$21,137
Other Assets Org$105,016--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael RovitoDeputy DirectorFT$111,355$14,981$126,336
Crystal EnkvistExecutive DirectorPT$87,097$129,604$108,350
Brenda MeadCFO-$392$21,253$392

Board Members and Trustees

NameTitle
Linda FreedPresident
Tom DeLongVice President
Bill KendigDirector
Brad JanorschkeDirector
Brian HickeyDirector
Erik HernandezDirector
Garry HennighDirector
George HornbergerDirector
Henry StrubDirector
Joe CookDirector
John HandelandDirector
Mark WigginDirector
Nanci Morris LyonDirector
Reese HuhtaDirector
Tim BarnumDirector
Tom AtkinsonDirector
William StammDirector
Yves BrowerDirector
Robert SiedmanSecretary
Jaime MatthewsTreasurer
Jodi MitchellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$804,943
Program Service Revenue
$408,114
Investment Income
$18,990
Other Revenue
$637
All Other Contributions
$114,000
Change in Net Assets
$8,214

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,227,756
Revenue Not Reported on Financial Statements
$4,928
Revenue Not Reported on Form 990
$41,442
Total Revenue per Audited Statements
$1,269,198
Total Revenue per Form 990
$1,232,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$624,791
Other Expenses$585,151
Grants and Similar Amounts Paid$14,528
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$235,080
Conferences and Meetings---$184,591
Other Employee Benefits---$176,276
Other Salaries and Wages---$171,471
Travel---$74,725
Fees for Services Other---$58,873
Occupancy---$48,642
Fees for Services Lobbying---$40,250
Fees for Services Legal---$39,886
Payroll Taxes---$28,330
Fees for Services Accounting---$25,598
Information Technology---$22,510
Advertising---$14,316
Pension Plan Contributions---$13,634
Grants to Domestic Individuals---$13,000
All Other Expenses---$11,247
Insurance---$11,159
Depreciation Depletion---$8,527
Office Expenses---$8,379
Other Expenses---$6,271
Fees for Service Investment Mgmnt Fees---$4,928
Grants to Domestic Orgs---$1,528
Total Functional Expenses$0$0$0$1,224,470

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,231,479
Total Expenses per Form 990$1,224,470
Expenses per Audited Statements$1,219,542
Expenses Not Reported on Form 990$11,937
Expenses Not Reported on Financial Statements$4,928
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$57,802
Current Year Nondeductible Lobbying and Political Cost$40,250
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“APA members do not receive distributions of income or assets from the organization but there is a membership structure in place that is outlined in our bylaws.”

Form 990, Part VI, Section A, Line 7B

“Each Active Member appoints a delegate to be a Board of Director with one voting right. Decisions that require approval are outlined in our APA Bylaws: Election/removal of board members, establishments of the committees, changes to mission/vision, amendments to bylaws, and major financial transactions.”

Form 990, Part VI, Section B, Line 11B

“The CFO will review the completed Form 990 for accuracy and then give it to the executive director to review and sign.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest statements are distributed in meeting packets and collected annually at the APA annual meeting. For any board of director who was not in attendance or did not return a statement, the executive coordinator sends out, via email and USPS, reminders/requests to complete and return statements. At this time there is no consequence for not returning the conflict of interest statement but the board is considering this issue.”

Form 990, Part VI, Section B, Line 15A

“A joint committee composed of the executive committee and the exchange management board meet annually to provide an annual review of the executive director and review and make recommendations to the full board on the annual compensation for that position. The executive director's compensation is allocated 50/50 between APA and ARECA insurance exchange.”

Form 990, Part VI, Section C, Line 19

“Alaska Power Association's documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alaska Power Association
EIN
92-0069880
Phone
9077715704
Address
703 West Tudor Road Suite 200, Anchorage, AK 99503

Signing Officer

Name
Crystal Enkvist
Title
Executive Director
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Crystal Enkvist
Formed
1977
Legal Domicile
Ak
Voting Board Members
21
Independent Board Members
21
Employees
12
Volunteers
64

Preparer

Firm
Altman Rogers & Co
Address
3000 C ST STE 201, ANCHORAGE, AK 99503
Preparer
Sterling Gillon CPA
Phone
9072742992
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Association is exempt from federal income taxation pursuant to Section 501(c)(6) of the Internal Revenue Code. CARE is a taxable entity pursuant to Section 527(f) of the Internal Revenue Code. The Association applies the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. The Association annually reviews its tax return and positions taken in accordance with the recognition standards. The Association believes that it has no uncertain tax positions which would require disclosure or adjustment in these consolidated financial statements.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Rental expenses reported on part VIII $11937”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Rental expenses reported on part VIII $11937”

Raw XML AppendixShowing 400 of 697 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm9Yves Brower
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IRS990/Form990PartVIISectionAGrp/PersonNm12Brian Hickey
IRS990/Form990PartVIISectionAGrp/PersonNm13Joe Cook
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