NonprofitsChoctawhatchee Electric Cooperative Inc

Choctawhatchee Electric Cooperative Inc

DEFUNIAK SPGS, FL

Total revenue

$162.7M

Total expenses

$153.9M

Net assets

$138.2M

Grants received

EIN

590192831

Tax year

2024

Mission

To provide electric service to members in parts of holmes, okaloosa, santa rosa, & walton counties.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$160.8M
Investment income$1.1M
Other revenue$800K
Total revenue$162.7M

Expenses

Grants paid$145K
Salaries & benefits$1.3M
Fundraising
Other expenses$150.9M
Total expenses$153.9M
Total assets$422.6M
Net assets$138.2M

People

16 listed

NameRoleCompensation

STEPHEN T RHODES

CHIEF OPERATING OFFICER

Board

$498K

55 hrs/wk

ROBIN C SHAW

VP OF FINANCE

Board

$198K

50 hrs/wk

TERRY J PILCHER

TRUSTEE

Board

$28K

6.2 hrs/wk

BRADY BEARDEN

VICE PRESIDENT

Board

$24K

4.9 hrs/wk

BERT PRUTZMAN

ASST SECRETARY/TREASURER

Board

$21K

4.6 hrs/wk

GERALD EDMONDSON

PRESIDENT

Board

$19K

8.1 hrs/wk

GAYLE HUGHES

SECRETARY/TREASURER

Board

$19K

3.8 hrs/wk

DWAYNE DAVIS

TRUSTEE

Board

$15K

3.9 hrs/wk

RONALD C JONES

TRUSTEE

Board

$14K

2.3 hrs/wk

MIKEL LEE PERRY

TRUSTEE

Board

$13K

1.9 hrs/wk

REESE HARRISON

TRUSTEE

Board

$9K

0.9 hrs/wk

JONATHAN M AVERY

SENIOR VP OF E&O

Staff

$225K

50 hrs/wk

FRANKLIN S SEAY

VP OF ADMINISTRATION

Staff

$203K

45 hrs/wk

EMILY E COWAN

VP OF MEMBER SVCS

Staff

$185K

50 hrs/wk

JASON PRICE

SENIOR LINE TECHNICIAN

Staff

$165K

56.5 hrs/wk

KEVIN JONES

MANAGER OF ENGINEERING

Staff

$153K

40 hrs/wk

Independent contractors

SOUTHLAND UTILITY SERVICES INC

ROW & UG INSTALLATION

$7.4M

POWERGRID DISTRIBUTION SERVICES LLC

INSTALLATION

$4.2M

SEDCAPPLIED TECH SOLUTIONS INC

MERIDIAN SUPPORT/SERVICE

$932K

SOUTHEAST CONSTRUCTION COMPANY LLC

CONSTRUCTION

$893K

LORD & SON CONSTRUCTION INC

CONSTRUCTION

$859K

Details

EIN590192831
Subsection12
Ruling date1943-10
Formed1941
Employees185
Volunteers0
CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo