Choctawhatchee Electric Cooperative Inc

DEFUNIAK SPRINGS, FL EIN: 59-0192831 Website

TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA, & WALTON COUNTIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$422.6M

+5.4% YoY

Revenue

$162.7M

+9.0% YoY

Net Investment Income

$1.1M

+30.7% YoY

Expenses

$153.9M

+8.5% YoY

About Choctawhatchee Electric Cooperative Inc

Based on IRS filings

Choctawhatchee Electric Cooperative Inc is a nonprofit organization, based in DEFUNIAK SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $422.6M in total assets. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $8K (100%)

States

Florida

Cities

Defuniak Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$422,576,549	$400,927,730	$375,282,827
Revenue	$162,680,478	$149,247,583	$140,151,380
Expenses	$153,907,690	$141,860,887	$133,323,002
Qualifying Distributions	—	—	—
Net Investment Income	$1,074,646	$822,352	$353,795
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Open Grants

3 open opportunities from Choctawhatchee Electric Cooperative Inc

Foundation

CHELCO College Scholarship Program

CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC

Amount

$1,000

Deadline

December 31, 2026

Annual

Foundation

CHELCO Northwest Florida State College Foundation Scholarship

CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC

Amount

Varies

Deadline

Rolling / Open

Annual

Foundation

Operation Round Up Community Grant Program

CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC

Amount

Varies

Deadline

Rolling / Open

Rolling (Quarterly)

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TERRY J PILCHER	TRUSTEE	6.2	$28,435
BRADY BEARDEN	VICE PRESIDENT	4.9	$24,010
BERT PRUTZMAN	ASST SECRETARY/TREASURER	4.6	$20,580
DWAYNE DAVIS	TRUSTEE	3.9	$14,700
GERALD EDMONDSON	PRESIDENT	8.1	$19,110
GAYLE HUGHES	SECRETARY/TREASURER	3.8	$19,110
REESE HARRISON	TRUSTEE	0.9	$9,310
MIKEL LEE PERRY	TRUSTEE	1.9	$13,230
RONALD C JONES	TRUSTEE	2.3	$13,720
STEPHEN T RHODES	CHIEF OPERATING OFFICER	55	$497,606
ROBIN C SHAW	VP OF FINANCE	50	$197,867
JONATHAN M AVERY	SENIOR VP OF E&O	50	$225,043
FRANKLIN S SEAY	VP OF ADMINISTRATION	45	$202,850
EMILY E COWAN	VP OF MEMBER SVCS	50	$184,520
KEVIN JONES	MANAGER OF ENGINEERING	40	$152,996
JASON PRICE	SENIOR LINE TECHNICIAN	56.5	$164,515

Frequently Asked Questions

How large is Choctawhatchee Electric Cooperative Inc?

As of 2024, Choctawhatchee Electric Cooperative Inc holds $422.6M in total assets with $162.7M in annual revenue.

Where does Choctawhatchee Electric Cooperative Inc operate?

Choctawhatchee Electric Cooperative Inc has awarded grants in Florida.

What is Choctawhatchee Electric Cooperative Inc's EIN?

Choctawhatchee Electric Cooperative Inc's EIN (Employer Identification Number) is 59-0192831. IRS Form 990 filing data is available on this page for 2020–2024.