VALLEY ELECTRIC ASSOCIATION INC
PO BOX 237, PAHRUMP, NV 89041 www.vea.coop

Total Revenue
$84,469,530
Total Expenses
$89,328,449
Net Assets
$78,117,057

Organizations Filed Purposes: THE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

TO PROVIDE QUALITY AND RELIABLE ELECTRIC AND INTERNET SERVICE TO MEMBERS OF THE COOPERATIVE.

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 23,065 ACTIVE SERVICES AT YEAR END.

PRIOR TO THE MEMBERSHIP APPROVED BYLAW AMENDMENTS IN 2018, THE COOPERATIVE PROVIDED INTERNET/BROADBAND SERVICES TO ALL SUBSCRIBERS ON A NON-PATRONAGE AND UNRELATED BUSINESS INCOME BASIS. ONE OF THE MEMBERSHIP APPROVED BYLAW AMENDMENTS IS TO PROVIDE INTERNET/BROADBAND SERVICES TO MEMBERS ON A PATRONAGE, NONPROFIT BASIS. THEREFORE, THE COOPERATIVE HAS EXPANDED ITS EXEMPT PURPOSES TO INCLUDE THE PROVISION OF INTERNET/BROADBAND SERVICES TO MEMBERS ON A PATRONAGE BASIS. SUCH SERVICES CONTINUE TO BE PROVIDED TO NON-MEMBERS ON A NON-PATRONAGE BASIS. APPROXIMATELY 10,154 MEMBERS PURCHASED INTERNET/BROADBAND SERVICES DURING 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard PeckCEO40$313,521
Angela EvansCEO (JAN-JULY)40$309,330
Bart ThurgoodEVP HUMAN RESOURCES40$292,317
Tom HustedCEO (JAN)40$287,508
Steve MorrisonCFO45$244,405
Nathan JohnsonEVP BROADBAND45$241,946
Michael HengelEVP COMMUNCATION & REG AFFAIRS40$205,814
James AndresenMANAGER OF OPERATIONS45$192,901
Christopher TomchukDIRECTOR OF TRANS ENERGY SERVICES45$179,326
Bradley MaestasAREA FOREMAN50$168,097
Mindy MorrowCONTROLLER45$167,520
Kathleen MattocksMANAGER OF DEVELOPMENT & PROJECTS30$166,309
Joe FieldstedMGR OF SAFETY/HEALTH/ENVIRONMENT45$158,047
Erik StuhaanAREA FOREMAN47$157,593
Benjamin VelozJOURNEYMAN LINEMAN51$155,691
James CapleMANAGER OF SUPPORT SERVICE45$153,056
Kathy KeyesPRESIDENT37.4$31,100
David DawsonSECRETARY (JAN-NOV)12.6$24,400
Terrie D'AntonioSECRETARY29$20,800
Michelle CairdVICE PRESIDENT18.4$19,900
David HallDIRECTOR (JAN-SEP)7$14,400
Rick JohnsonVICE PRESIDENT (JAN-AUG)8.5$13,900
Pete GazsyASSISTANT SECRETARY (JAN-MAY)12.9$8,800
Ken DerschanTREASURER (JAN-MAY)11.6$7,200
John MaurerPRESIDENT (JAN-MAR)9$7,200
Rob ShirleyTREASURER31.8$7,100
Bonnie GroenertDIRECTOR8.6$4,350
Robin BarberDIRECTOR9.3$1,500

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033219349307398_public.xml