Skip to content
Nonprofiteer
← GOLDEN VALLEY ELECTRIC ASSN INC

Form 990 for tax year 2024

Filed by GOLDEN VALLEY ELECTRIC ASSN INC.

Totals

Total revenue
$309,695,755
Total expenses
$307,253,354
Contributions and grants received
$0
Grants paid
$52,561
Program service revenue
$306,598,147
Investment income
$2,383,598
Other revenue
$714,010
Total assets, end of year
$764,269,185
Total liabilities, end of year
$484,512,256
Net assets or fund balances, end of year
$279,756,929
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • JOHN BURNS

    President & CEO: Jan-June 2024

    Total calculated
    $380,840
    From this org
    $286,325
    From related orgs
    $0
    Other
    $94,515
    Hours/week
    27.19

    Schedule J breakdown matched by us

    Base
    $286,325
    Bonus
    $0
    Other
    $0
    Deferred
    $61,940
    Nontaxable benefits
    $32,575
    Filer's total
    $380,840

  • TRAVIS MILLION

    President & CEO: June-Dec 2024

    Total calculated
    $366,941
    From this org
    $313,529
    From related orgs
    $0
    Other
    $53,412
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $313,529
    Bonus
    $0
    Other
    $0
    Deferred
    $14,173
    Nontaxable benefits
    $39,239
    Filer's total
    $366,941

  • SARAH RIXIE

    CFO

    Total calculated
    $361,765
    From this org
    $263,954
    From related orgs
    $0
    Other
    $97,811
    Hours/week
    50.64

    Schedule J breakdown matched by us

    Base
    $263,954
    Bonus
    $0
    Other
    $0
    Deferred
    $58,692
    Nontaxable benefits
    $39,119
    Filer's total
    $361,765

  • CHRISTOPHER FORREST

    Director of Power Supply

    Total calculated
    $327,461
    From this org
    $226,403
    From related orgs
    $0
    Other
    $101,058
    Hours/week
    40.54

    Schedule J breakdown matched by us

    Base
    $226,403
    Bonus
    $0
    Other
    $0
    Deferred
    $49,944
    Nontaxable benefits
    $51,114
    Filer's total
    $327,461

  • ABBIGAIL DILLARD

    Director of Member Services

    Total calculated
    $312,554
    From this org
    $226,271
    From related orgs
    $0
    Other
    $86,283
    Hours/week
    65.44

    Schedule J breakdown matched by us

    Base
    $226,271
    Bonus
    $0
    Other
    $0
    Deferred
    $50,384
    Nontaxable benefits
    $35,899
    Filer's total
    $312,554

  • REAGAN RUSSELL

    Director of Human Resources

    Total calculated
    $311,229
    From this org
    $212,983
    From related orgs
    $0
    Other
    $98,246
    Hours/week
    47.08

    Schedule J breakdown matched by us

    Base
    $212,983
    Bonus
    $0
    Other
    $0
    Deferred
    $47,669
    Nontaxable benefits
    $50,577
    Filer's total
    $311,229

  • JOHN KELLY

    Gas Turbine Plant Manager

    Total calculated
    $307,304
    From this org
    $221,566
    From related orgs
    $0
    Other
    $85,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,566
    Bonus
    $0
    Other
    $0
    Deferred
    $49,292
    Nontaxable benefits
    $36,446
    Filer's total
    $307,304

  • DANIEL BISHOP

    Director of Engineering SVCS.

    Total calculated
    $295,619
    From this org
    $243,330
    From related orgs
    $0
    Other
    $52,289
    Hours/week
    46.8

    Schedule J breakdown matched by us

    Base
    $243,330
    Bonus
    $0
    Other
    $0
    Deferred
    $24,402
    Nontaxable benefits
    $27,887
    Filer's total
    $295,619

  • BENJAMIN PORTER

    Lineman Journeyman

    Total calculated
    $289,082
    From this org
    $220,392
    From related orgs
    $0
    Other
    $68,690
    Hours/week
    54.35

    Schedule J breakdown matched by us

    Base
    $220,392
    Bonus
    $0
    Other
    $0
    Deferred
    $38,151
    Nontaxable benefits
    $30,539
    Filer's total
    $289,082

  • IAN OLESEN

    Lineman Journeyman

    Total calculated
    $287,539
    From this org
    $217,675
    From related orgs
    $0
    Other
    $69,864
    Hours/week
    56.31

    Schedule J breakdown matched by us

    Base
    $217,675
    Bonus
    $0
    Other
    $0
    Deferred
    $39,326
    Nontaxable benefits
    $30,538
    Filer's total
    $287,539

  • JARED CARTER

    E & I Foreman

    Total calculated
    $284,726
    From this org
    $210,812
    From related orgs
    $0
    Other
    $73,914
    Hours/week
    53.98

    Schedule J breakdown matched by us

    Base
    $210,812
    Bonus
    $0
    Other
    $0
    Deferred
    $40,176
    Nontaxable benefits
    $33,738
    Filer's total
    $284,726

  • NATHANIEL MINNEMA

    Director of Operations

    Total calculated
    $280,434
    From this org
    $194,411
    From related orgs
    $0
    Other
    $86,023
    Hours/week
    44.19

    Schedule J breakdown matched by us

    Base
    $194,411
    Bonus
    $0
    Other
    $0
    Deferred
    $43,422
    Nontaxable benefits
    $42,601
    Filer's total
    $280,434

  • JAMES GAPPERT

    Lineman Journeyman

    Total calculated
    $278,860
    From this org
    $211,000
    From related orgs
    $0
    Other
    $67,860
    Hours/week
    58.77

    Schedule J breakdown matched by us

    Base
    $211,000
    Bonus
    $0
    Other
    $0
    Deferred
    $37,321
    Nontaxable benefits
    $30,539
    Filer's total
    $278,860

  • NAOMI MORTON KNIGHT

    Environmental Officer

    Total calculated
    $270,955
    From this org
    $186,629
    From related orgs
    $0
    Other
    $84,326
    Hours/week
    40.12

    Schedule J breakdown matched by us

    Base
    $186,629
    Bonus
    $0
    Other
    $0
    Deferred
    $41,813
    Nontaxable benefits
    $42,513
    Filer's total
    $270,955

  • SHANNON TELLING

    Director of Information Tech.

    Total calculated
    $253,394
    From this org
    $180,948
    From related orgs
    $0
    Other
    $72,446
    Hours/week
    40.9

    Schedule J breakdown matched by us

    Base
    $180,948
    Bonus
    $0
    Other
    $0
    Deferred
    $40,395
    Nontaxable benefits
    $32,051
    Filer's total
    $253,394

  • Gary C Newman

    Secretary

    Total calculated
    $19,825
    From this org
    $19,825
    From related orgs
    $0
    Other
    $0
    Hours/week
    18.89

  • David Pelunis-Messier

    Treasurer

    Total calculated
    $19,775
    From this org
    $19,775
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.94

  • Thomas P DeLong

    Chairman

    Total calculated
    $19,525
    From this org
    $19,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.91

  • Frederick W Sheen

    Director

    Total calculated
    $18,875
    From this org
    $18,875
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.73

  • Richard J Solie Jr

    Director

    Total calculated
    $15,925
    From this org
    $15,925
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.39

  • Christopher M Bunch

    Vice Chairman

    Total calculated
    $13,600
    From this org
    $13,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.62

  • Krista M Zappone

    Director

    Total calculated
    $11,750
    From this org
    $11,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.14

  • Todd M Adams

    Director

    Total calculated
    $6,450
    From this org
    $6,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.65

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 1B:
FIRST CLASS TRAVEL TO THE EAST COAST OF THE UNITED STATES IS ALLOWED IF APPROVED BY THE CEO. IN 2024, THIS BENEFIT WAS NOT EXERCISED. CHARTER HELICOPTERS ARE USED FOR REMOTE TRANSMISSION LINE WORK.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543219349326989

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.