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HOMER ELECTRIC ASSOCIATION INC

EIN 92-0014079 HOMER, AK

Largest nonprofits in Alaska

Revenue 2024
$116,132,775
Expenses 2024
$113,857,098

As filed

Subsection
12
Classification
1000
Street
3977 LAKE ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

TO SAFELY PROVIDE RELIABLE ELECTRICITY TO OUR MEMBERS AND OUR COMMUNITY THROUGH SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT FAIR AND REASONABLE PRICES.

Activities or mission (Part I)

PROVIDE ELECTRICAL SERVICES TO OUR MEMBERS.

  • HOMER ELECTRIC ASSOCIATION (HEA) OPERATES ON A COOPERATIVE BASIS AND IS IN COMPLIANCE WITH THE COOPERATIVE REQUIREMENTS. HEA PROVIDED A TOTAL OF 490,194,730 KWHS TO 34,519 CONSUMERS DURING 2024.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Bradley P Janorschke

    Chief Executive Officer

    Total calculated
    $613,053
    From this org
    $554,343
    From related orgs
    $0
    Other
    $58,710
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $406,407
    Bonus
    $147,936
    Other
    not reported
    Deferred
    $16,517
    Nontaxable benefits
    $42,193
    Filer's total
    $613,053
  • John Jungling

    Chief Technology Officer

    Total calculated
    $435,552
    From this org
    $381,150
    From related orgs
    $0
    Other
    $54,402
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,214
    Bonus
    $109,936
    Other
    not reported
    Deferred
    $12,867
    Nontaxable benefits
    $41,535
    Filer's total
    $435,552
  • Sheri Gower

    Chief Adminstrative Officer

    Total calculated
    $423,253
    From this org
    $368,875
    From related orgs
    $0
    Other
    $54,378
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,939
    Bonus
    $109,936
    Other
    not reported
    Deferred
    $12,867
    Nontaxable benefits
    $41,511
    Filer's total
    $423,253
  • Larry Jorgensen

    Chief Power Production Officer

    Total calculated
    $423,119
    From this org
    $369,323
    From related orgs
    $0
    Other
    $53,796
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,892
    Bonus
    $105,431
    Other
    not reported
    Deferred
    $12,359
    Nontaxable benefits
    $41,437
    Filer's total
    $423,119
  • Sarah Lambe

    Chief Financial Officer

    Total calculated
    $372,957
    From this org
    $320,615
    From related orgs
    $0
    Other
    $52,342
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $224,978
    Bonus
    $95,637
    Other
    not reported
    Deferred
    $11,225
    Nontaxable benefits
    $41,117
    Filer's total
    $372,957
  • Steve Cannon

    Manager of Operations

    Total calculated
    $357,704
    From this org
    $305,295
    From related orgs
    $0
    Other
    $52,409
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,385
    Bonus
    $69,910
    Other
    not reported
    Deferred
    $11,268
    Nontaxable benefits
    $41,141
    Filer's total
    $357,704
  • Keriann Baker

    Chief Strategy Officer

    Total calculated
    $355,624
    From this org
    $303,294
    From related orgs
    $0
    Other
    $52,330
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,975
    Bonus
    $69,319
    Other
    not reported
    Deferred
    $11,207
    Nontaxable benefits
    $41,123
    Filer's total
    $355,624
  • David Thomas

    Strategic Affairs Officer

    Total calculated
    $333,048
    From this org
    $209,879
    From related orgs
    $0
    Other
    $123,169
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,879
    Bonus
    not reported
    Other
    not reported
    Deferred
    $79,011
    Nontaxable benefits
    $44,158
    Filer's total
    $333,048
  • Dan Furlong

    President

    Total calculated
    $9,200
    From this org
    $9,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    12 + 0.5 related
  • Eugene Levine

    Director

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 0.5 related
  • Erin McKittrick

    Director

    Total calculated
    $5,750
    From this org
    $5,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 0.5 related
  • Wayne H Ogle

    Deputy Secretary

    Total calculated
    $4,500
    From this org
    $4,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 0.5 related
  • Dan Green

    Director

    Total calculated
    $3,750
    From this org
    $3,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 0.5 related
  • James Duffield II

    Secretary/Treasurer

    Total calculated
    $2,251
    From this org
    $2,251
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 0.5 related
  • Robert Wall

    Vice President

    Total calculated
    $2,250
    From this org
    $2,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 0.5 related
  • Louis Flora

    Director

    Total calculated
    $1,750
    From this org
    $1,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 0.5 related
  • Charles Mike Chenault

    Director

    Total calculated
    $1,404
    From this org
    $1,404
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 0.5 related

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $116,132,775
    Expenses
    $113,857,098
    Contributions
    $0
    Grants paid
    $9,000
  • 2023
    Revenue
    $109,015,250
    Expenses
    $108,853,497
    Contributions
    $9,500
    Grants paid
    $10,000
  • 2022
    Revenue
    $105,957,011
    Expenses
    $103,729,655
    Contributions
    $11,000
    Grants paid
    $10,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $113,967,382
    Expenses
    $104,713,900
    Assets (EOY)
    $266,114,703
  • 2020 · 990

    Revenue
    $115,948,240
    Expenses
    $100,811,706
    Assets (EOY)
    $263,518,580
  • 2019 · 990

    Revenue
    $97,565,706
    Expenses
    $92,085,501
    Assets (EOY)
    $250,933,305
  • 2018 · 990

    Revenue
    $98,969,959
    Expenses
    $95,319,527
    Assets (EOY)
    $250,937,156
  • 2017 · 990

    Revenue
    $102,791,923
    Expenses
    $96,966,060
    Assets (EOY)
    $244,080,590
  • 2016 · 990

    Revenue
    $99,500,150
    Expenses
    $92,715,302
    Assets (EOY)
    $238,313,933
  • 2015 · 990

    Revenue
    $99,293,729
    Expenses
    $93,597,022
    Assets (EOY)
    $235,185,110
  • 2014 · 990

    Revenue
    $93,757,799
    Expenses
    $90,828,462
    Assets (EOY)
    $229,835,328
  • 2013 · 990

    Revenue
    $83,898,548
    Expenses
    $78,871,070
    Assets (EOY)
    $226,896,272
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $78,396,514
    Assets (EOY)
    $220,312,275

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.