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NAVOPACHE ELECTRIC COOPERATIVE INCORPORATED

Lakeside, AZ · EIN 860079371 · Form 990 · FY2022 · Very Large (>$50M) · www.navopache.org
revenue
$68.9M
expenses
$68.8M
net assets
$46.8M
employees
118
program ratio
0%
mission · from form 990

To provide safe, reliable, cost effective electric service to our members/owners.

profile · synthesized from sources

Navopache Electric Cooperative Inc. is an electric utility cooperative providing safe, reliable, and cost-effective electric service to its members. As a member-owned organization, it allocates capital credits based on electricity purchases, which are later retired and refunded. The cooperative operates in Arizona and New Mexico, maintaining and improving electric infrastructure.

named programs · 5 · from sources

what they call their work

Capital Credits
A system where annual margins are allocated to members based on their electricity purchases, credited to an account, and later retired (paid) back to members as the cooperative's financial condition allows.
Levelized Billing
An optional payment plan allowing members to pay for electric use in 12-month installments with a consistent monthly amount, adjusted twice per year based on actual usage.
Operation Round Up
A program where members can voluntarily round up their monthly electric bill to the next whole dollar, with the difference going to support local community projects and organizations.
Scholarships
Provides scholarships to support educational pursuits, with applications typically opening in the fall.
SmartHub
An online portal and mobile app for members to pay bills, view usage and billing history, sign up for alerts, and update contact information.
activities · 4 clusters

what they do

  • Utility Infrastructure & Service Expansion 3 activities
    • Diverse Rate Plans and Specialized Services
      Provides a range of electricity rate plans for residential, commercial, industrial, and irrigation customers, including standard, time-of-use, and winter rates. Also offers street lighting service, net metering, and optional electric service for qualified cogeneration and small power production facilities.
    • Rate Programs for Residential and Commercial Customers
      Offers a range of electricity rate plans including standard, winter, and time-of-use rates for residential, commercial, industrial, irrigation, and community institutions, tailored to different service types and demand levels.
    • Street Lighting and Specialized Electric Services
      Provides street lighting service and specialized electric service options including net metering under the REST program and optional service for cogeneration and small power production facilities over 100kW.
  • Multi-Channel Utility Payment Processing 2 activities
    • Billing and Payment Services
      Offers various billing options including a Levelized Billing plan with semi-annual adjustments and provides an online platform (SmartHub) for members to manage accounts, view usage, and pay bills.
    • Member Billing and Payment Services
      Provides multiple billing options including a Levelized Billing plan with fixed monthly payments, regular billing statements, and an online SmartHub platform for bill payment, usage tracking, and account management.
  • Capital Credit Allocation and Retirement 2 activities
    • Capital Credit Management
      Allocates capital credits annually to members based on electricity purchases, using these funds for operational capital and infrastructure improvements. It maintains a database for unclaimed credits and retires them to members approximately 25 years after allocation, issuing payments for amounts over $25.
    • Capital Credits Program Management
      Annually allocates capital credits based on member electricity purchases, uses these funds for system reliability improvements, and retires credits to members approximately 25 years after allocation via check when balances exceed $25, subject to board approval and financial condition.
  • Electricity Distribution & Transmission Services 2 activities
    • Electricity Distribution and Infrastructure Maintenance
      Operates and maintains 3,598 miles of electrical distribution lines and manages 45,195 electric meters to provide electricity to 37,824 member-owners.
    • Electricity Distribution and Infrastructure Maintenance
      Operates and maintains 3,598 miles of electrical distribution lines and manages 45,195 electric meters to deliver power to 37,824 member-owners across its service area.
financials · form 990 · fy2022

the money

revenue
Total revenue$68.91M
Contributions & grants$00%
Program service revenue$67.81M98%
Investment income$91K0%
Other revenue$1.01M
expenses
Total expenses$68.80M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$10.94M
Grants paid out$6K
Largest expense lineCompensation
balance sheet
Total assets$166.21M
Cash$1.18M
Investments$3.63M
Liabilities$119.37M
Net assets$46.84M
Liquid reserves0.8 mo
3 years on record · 2020–2022 · YoY revenue +15.2%
leadership · form 990 part vii · fy2022

who runs it

paid leadership · 17
NameTitleHours/wkCompensation
Charles Moore CEO 47 $670K
Garth Turley Manager of Engineering 41 $247K
Anthony Lindsey Manager of Information Technology 41 $229K
Craig Blackburn Area Representative 51 $219K
Brian Brownlow Manager of Operations 44 $211K
Natalie Groeneveld Manager of Human Resources 40 $205K
Willard Hamblin Area Representative 47 $198K
Cody Merrick Area Representative 49 $184K
Bradley Baker Director - Board President 8 $42K
Floyd Arendell Director 6 $37K
Dennis Hughes Director 4 $37K
M Brad Peterson Director 4 $36K
Fred Harper Director - Vice President 4 $35K
Joshua Adams CFO 40 $30K
Steve Heckathorne Director 5 $20K
Herbert Tate Director 8 $20K
Janet Porter Carrejo Director 5 $6K
relationships · 1

who they work with

  • Not specified Partner — Provides contact information for members to claim unclaimed capital credits via phone and email.