Non-Profit Spending Reports

Arizona Electric Power Cooperative Inc

Benson, AZ · EIN 86-0176697 · Mutual and membership benefit · Rank 3,128 by total revenue

Sale of electric power

Money, Form 990 for tax year 2024

Total revenue
$189,995,960
Total expenses
$186,653,939
Total assets
$770,104,992
Salary base (all salaries and wages)
$27,829,719
Salaries, other pay and benefits
$37,564,700
Employees
236
Salary base per employee
$117,923

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (22)

NameTitleRole Hours/weekTotal pay
Patrick LedgerCHIEF EXCECUTIVE OFFICEROfficer 45 $871,247
Peter ScottCHIEF FINANCIAL OFFICEROfficer 40 $420,560
Christopher JimenezKEY EMPLOYEEOfficer 50 $356,810
Reuben B McBrideDIRECTOR (PRESIDENT)Board, Officer 10 $38,000
J Tyler CarlsonDIRECTOR(VICE PRESIDENT)Board, Officer 8 $31,000
Daniel BarreraDIRECTOR(SECRETARY)Board, Officer 10 $24,000
Brian HeithoffDIRECTOR(TREASURER)Board, Officer 4 None reported
John SandersKEY EMPLOYEEKey employee 50 $404,462
Mike NelsonKEY EMPLOYEEKey employee 60 $396,469
Michelle FreearkKEY EMPLOYEEKey employee 55 $355,865
Benjamin EngelbyGENERAL COUNSELKey employee 40 $355,232
Ryan ManzoKEY EMPLOYEEKey employee 42 $277,441
John NelssenDIRECTORBoard 8 $34,300
Ryall StewartDIRECTORBoard 7.5 $29,000
Frank DownsDIRECTORBoard 1 $27,000
Johnnie FrieDIRECTORBoard 0 $25,000
Lawrence HinchliffeDIRECTORBoard 6 $24,000
Diane SiekerDIRECTORBoard 7.5 $19,500
Frank McRaeDIRECTORBoard 0 $12,500
Jason BowlingDIRECTORBoard 5 $10,000
Darrin FrancomDIRECTORBoard 3 $6,000
Phil CookDIRECTORBoard 4 $2,000

Top 10 paid people listed

These 10 people received $4,009,726, which is 14.4% of the $27,829,719 salary base shared by 236 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Patrick LedgerCHIEF EXCECUTIVE OFFICEROfficer 45 $769,607$0 $101,640$871,247
Peter ScottCHIEF FINANCIAL OFFICEROfficer 40 $331,822$0 $88,738$420,560
John SandersKEY EMPLOYEEKey employee 50 $315,986$0 $88,476$404,462
Mike NelsonKEY EMPLOYEEKey employee 60 $310,069$0 $86,400$396,469
Christopher JimenezKEY EMPLOYEEOfficer 50 $290,793$0 $66,017$356,810
Michelle FreearkKEY EMPLOYEEKey employee 55 $273,271$0 $82,594$355,865
Benjamin EngelbyGENERAL COUNSELKey employee 40 $283,542$0 $71,690$355,232
Nathen HatchHIGHEST COMPENSATED EMPLOYEEHighly paid employee 48 $218,521$0 $73,585$292,106
Boris TumarinHIGHEST COMPENSATED EMPLOYEEHighly paid employee 0 $222,946$0 $56,588$279,534
Ryan ManzoKEY EMPLOYEEKey employee 42 $219,744$0 $57,697$277,441

Sources