Barrow Utilities and Electric Coop

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

16 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provide water, sewer, electric power, and natural gas to the residents of barrow, Alaska.

Revenue model: Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 89.7%; rating input score 90; 20th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 0.7%; rating input score 36; 36th percentile among comparable filings
Total-asset coverage ratio: 1.53; rating input score 52; 52nd percentile among comparable filings
Liabilities to assets ratio: 0.49; rating input score 29; 29th percentile among comparable filings
Officer compensation ratio: 6.4%; rating input score 39; 39th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
Asset growth: 6.2% per year; rating input score 100; 44th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 9 of 9 board members independent · 6 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $362K · 16 people listed · 2 of 6 pay-setting controls reported
Highest-paid contractors: 5 contractors listed · $2.3M reported
Consistency: 12 of 13 current checks pass · 1 finding to review
Schedules: 4 filed schedules · includes grants and executive pay
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 18 filed money-flow records
Related organizations: 2 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: 3 of 9 not reported.
Moderate — Sustainability: Operating margin scored 36/100.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
Review — Sustainability: Total-asset coverage ratio scored 52/100.
High — Sustainability: Liabilities to assets ratio scored 29/100.
Moderate — Sustainability: Officer compensation ratio scored 39/100.