2013-07-29T17:48:12-05:00 2012-12-31 920088037 MIKUNDA COTTRELL & CO CPA'S 3601 C STREET SUITE 600 ANCHORAGE AK 99503 990 2012-01-01 920177236 ALASKA ELECTRIC AND ENERGY COOPERATIVE INC ALAS 9072358551 3977 LAKE STREET HOMER AK 996037680 CARRIE BUCKLEY 9072358551 2013-06-27 1 KEY E GETTY CPA P00121200 9072788878 2013-06-27 2012 2016-02-24 21:20:13Z BRADLEY P JANORSCHKE 3977 LAKE STREET HOMER AK 996037680 57314897 0 X N/A X 2001 AK GENERATE ELECTRICITY FOR DISTRIBUTION TO MEMBERS 9 9 0 0 0 0 0 0 53378112 57272947 54596 41950 0 0 53432708 57314897 0 0 0 0 0 0 0 0 0 51806273 55084217 51806273 55084217 1626435 2230680 163171833 226461845 137929409 198988741 25242424 27473104 GENERATE ELECTRICITY FOR DISTRIBUTION TO MEMBERS. 0 0 55084217 PROVISION OF POWER REQUIREMENTS TO HOMER ELECTRIC ASSOC 55084217 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 22 0 1 0 0 0 0 0 0 0 0 57272947 41950 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CARRIE BUCKLEY DIRECTOR OF FINANCE 9072358551 3977 LAKE STREET HOMER AK 996037680 BOOKEY KELLY 1.00 4.00 X X 0 6650 0 BUTE ALAN 1.00 2.00 X 0 4150 0 CAREY DAVE 1.00 3.00 X 0 6450 0 DEBNAM DEB 1.00 3.00 X 0 5000 0 FRY BILL 1.00 2.00 X X 0 4000 0 LEVINE JIM 1.00 2.00 X X 0 1750 0 OBERTS EDWARD 1.00 1.00 X 0 1750 0 THOMAS DAVID 1.00 3.00 X 0 3650 0 WAISANEN DICK 1.00 5.00 X X 0 8400 0 WARREN BILL 1.00 3.00 X 0 6000 0 WILEY MIKE 1.00 5.00 X 0 8850 0 JANORSCHKE BRADLEY 1.00 40.00 X 0 275593 121688 BUCKLEY CARRIE 1.00 40.00 X 0 174078 90717 0 506321 212405 0 0 1 0 BREYFOGLE EARL 501 RANGEVIEW AVE HOMER AK 99603 QUALITY ASSURANCE SERVICES 141930 PERKINS COIE LLP 1201 3RD AVE 40TH FLOOR SEATLE WA 98101 LEGAL 125716 AWARE CONSULTINGDENISE NEWBOULD PO BOX 526 SOLDOTNA AK 99669 ENVIRONMENTAL CONSULTING 124727 3 ELECTRIC SERVICE REVEN 221000 56817571 56817571 CAPITAL CREDIT ALLOCATION 221000 455376 455376 57272947 41950 41950 57314897 57272947 0 41950 5686 7690 228267 2855652 3386807 15997 PURCHASED POWER COST 44837120 TRANSMISSION EXPENSE 1844697 PRODUCTION-MAINTENANCE 1677553 ADMINISTRATION AND GENE 153464 71284 55084217 2745962 3535655 4745590 6508249 974062 923376 7871225 7136921 126178681 51120767 71756201 75057914 75078793 133299730 163171833 226461845 9411648 16355290 115714968 176231240 12802793 6402211 137929409 198988741 X 0 0 0 0 25242424 27473104 25242424 27473104 163171833 226461845 2230680 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1197651 1197651 54030387 727834 53302553 60977338 42103353 18873985 9973305 8289580 1683725 75057914 INVESTMENT IN ASSOC ORGANIZATION AND OTHER 10222449 OTHER INVESTMENTS 5130 CONSTRUCTION IN PROCESS 123072151 133299730 DEFERRED CREDITS 6402211 6402211 X 57314897 0 57314897 0 57314897 55084217 0 55084217 0 55084217 SCHEDULE D, PART X, LINE 2: HEA APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. HEA ANNUALLY REVIEWS ITS TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. IT IS HEA MANAGEMENT'S OPINION THAT IT HAS NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. 0 0 0 JANORSCHKE BRADLEY 0 275593 0 0 0 0 0 86984 0 34704 0 397281 0 0 BUCKLEY CARRIE 0 174078 0 0 0 0 0 57202 0 33515 0 264795 0 0 FORM 990, PART VI, SECTION A, LINE 6 AE&EC IS A SINGLE-MEMBER COOPERATIVE WITH SALES EXCLUSIVELY TO HOMER ELECTRIC COOPERATIVE. WE DO NOT HAVE ANY STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMEBERSHIP AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUIRING QUARTERLY REVIEW OF ALL RELATED PARTY TRANSACTIONS BY THE BOARD FINANCE COMMITTEE PER BOARD POLICIES #723 AND #104. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND DIRECTORS INCLUDES REVIEW AND APPROVAL BY THE BOARD, COMPLETE WITH EXTERNAL REVIEW OF THE COMPENSATION PROCESS BY AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PG 12, SECTION XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE ORGANIZATION HAS AN AUDIT COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTING INDEPENDENT ACCOUNTANTS TO PERFORM SUCH PROCESSES. HOMER ELECTRIC ASSOCIATION INC 3977 LAKE STREET HOMER AK 996037680 920014079 ELECTRICAL POWER DISTRIBUTION AK 501 (C)(12) N/A HOMER ELECTRIC ASSOCIATION INC 0 KENAI HYDRO LLC 3977 LAKE STREET HOMER AK 99603 273158417 HYDROELECTRIC POWER GENERATION AK 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 HOMER ELECTRIC M 8304266 MONTHLY INVOICES HOMER ELECTRIC P 1879033 MONTHLY INVOICES