NonprofitsWest Florida Electric Cooperative Asso Inc

West Florida Electric Cooperative Asso Inc

GRACEVILLE, FL

Total revenue

$78.5M

Total expenses

$74.6M

Net assets

$95.9M

Grants received

EIN

590504115

Tax year

2024

Mission

West florida electric cooperative association, inc. Is in business to provide its members with a reliable source of electricity and other related, self-sustaining services at the lowest possible cost consistent with its external financial obligations and sound management practices.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$77.0M
Investment income$61K
Other revenue$1.4M
Total revenue$78.5M

Expenses

Grants paid
Salaries & benefits$3.9M
Fundraising
Other expenses$70.7M
Total expenses$74.6M
Total assets$174.0M
Net assets$95.9M

People

22 listed

NameRoleCompensation

SHAWN WALLING

FORMER EXECUTIVE VP & CEO

Board

$227K

40 hrs/wk

MARIE ASHWORTH

CFO

Board

$105K

40 hrs/wk

JOHN W ADAMS

DIRECTOR

Board

$21K

2 hrs/wk

GEORGE OWENS

DIRECTOR

Board

$19K

2 hrs/wk

TIM ALFORD

PRESIDENT

Board

$19K

2 hrs/wk

RANDY BUSH

DIRECTOR

Board

$18K

2 hrs/wk

MYRON HUDSON

SECRETARY-TREASURER

Board

$18K

2 hrs/wk

DAVID TATUM

DIRECTOR

Board

$18K

2 hrs/wk

JACKIE POOSER

DIRECTOR

Board

$16K

2 hrs/wk

DAVID CORBIN

VICE PRESIDENT

Board

$16K

2 hrs/wk

MELISSA DAWN ERICKSON

DIRECTOR

Board

$14K

2 hrs/wk

KEITH VARNUM

MANAGER - ENGINEERING

Staff

$223K

40 hrs/wk

WAYNE WILLIAMS

INTERIM EXECUTIVE VP & CEO

Staff

$156K

40 hrs/wk

JAMES EFURD

CHIEF INFORMATION OFFICER

Staff

$150K

40 hrs/wk

JONATHAN LOVE

KEY EMPLOYEE

Staff

$148K

40 hrs/wk

PENNY BRYAN

VP OF ADMINISTRATION

Staff

$143K

40 hrs/wk

WESLEY DUBOISE

KEY EMPLOYEE

Staff

$140K

40 hrs/wk

LUKE GATES

KEY EMPLOYEE

Staff

$134K

40 hrs/wk

DONNIE WORLEY

SAFETY MANAGER

Staff

$131K

40 hrs/wk

JAMIE ALDAY

KEY EMPLOYEE

Staff

$127K

40 hrs/wk

KEVIN NELSON

KEY EMPLOYEE

Staff

$125K

40 hrs/wk

KALEB FROST

KEY EMPLOYEE

Staff

$115K

40 hrs/wk

Independent contractors

ASPLUNDH TREE EXPERT CO

RIGHT OF WAY SERVICES

$3.1M

LEE ELECTRICAL CONSTRUCTION LLC

CONSTRUCTION

$1.0M

MERIDIAN COOPERATIVE

UTILITY TECHNOLOGY COMPANY

$923K

STUART C IRBY CO LLC

UTILITY TECHNOLOGY COMPANY

$533K

DCMC LLC

CONSULTING SERVICES

$182K

Details

EIN590504115
Subsection12
Ruling date1943-03
Formed1937
Employees109
Volunteers0
WEST FLORIDA ELECTRIC COOPERATIVE ASSO INC — Mission, Financials & Grants Received | Grantivo