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

Total Revenue
$111,954,876
Total Expenses
$126,137,918
Net Assets
$82,803,695

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 - 22,241 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.

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 9,100 MEMBERS PURCHASED INTERNET/BROADBAND SERVICES DURING 2018.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Tom HustedCEO (JAN-MAY)40$642,745
Kenneth JohnsonEVP BUSINESS DEV & CUSTOMER SERVICE40$375,954
Angela EvansCEO40$296,011
Bart ThurgoodEVP HUMAN RESOURCES45$279,780
Kathryn MckennaCOO (JAN-APRIL)40$262,442
Nathan JohnsonEVP BROADBAND45$248,015
Ramon AbuegCOO40$238,075
Steve MorrisonCFO45$220,397
Kristin MettkeEVP ENGINEERING40$213,942
Michael HengelEVP COMMUNICATIONS & REG AFFAIRS40$200,604
Daniel RogersAREA FOREMAN50$182,732
James AndresenMANAGER OF OPERATIONS45$177,163
Christopher TomchukDIRECTOR OF TRANSMISSION ENERGY SVC45$176,925
Bradley MaestasWORKING FOREMAN50$167,827
Mindy MorrowCONTROLLER45$161,559
Anthony CipolliniFOREMAN OF SPECIAL PROJECTS45$159,716
Tyler BarrettAREA FOREMAN45$157,282
Joe FieldstedMANAGER OF SAFETY/HEALTH/ENVIRONMENT45$157,240
James CapleMANAGER OF SUPPORT SERVICES45$154,003
Daniel TillmanCFO (JAN-MAR)40$122,467
Pete GazsyASSISTANT SECRETARY12.9$30,200
David DawsonSECRETARY12.6$30,200
Ken DerschanTREASURER11.6$30,200
Rick JohnsonVICE PRESIDENT8.5$27,700
John MaurerPRESIDENT9$27,700
David HallDIRECTOR7$24,600

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201913199349311716_public.xml