Choctawhatchee Electric Cooperative Inc logo

Choctawhatchee Electric Cooperative Inc

Foundation · Grantmaker Defuniak Springs, FL EIN: 59-0192831 Website

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

Key facts about Choctawhatchee Electric Cooperative Inc

EIN
59-0192831
Latest 990 filing
Form 990-PF, 2024
Total assets
$422,576,549
Next open deadline
December 31, 2026 (CHELCO College Scholarship Program)

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with Choctawhatchee Electric Cooperative Inc

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

1state

States

Cities

Defuniak Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$45M$89M$134M$179M20202021202220232024
Metric202420232022
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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

5 open opportunities from Choctawhatchee Electric Cooperative Inc

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Choctawhatchee Electric Cooperative Inc is led by Gerald Edmondson, President on every filing since 2020; all 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Gerald Edmondson

    President

    On filings since 2020

    8.1 hrs/week

    $15K (2020) → $19K (2024)

  • Ronald C. Jones

    Trustee

    Director → Trustee, 2021

    On filings since 2020

    2.3 hrs/week

    $13K (2020) → $14K (2024)

  • Terry J. Pilcher

    Trustee

    Director → Trustee, 2021

    On filings since 2020

    6.2 hrs/week

    $20K (2020) → $28K (2024)

  • Dwayne Davis

    Trustee

    On filings since 2021

    3.9 hrs/week

    $9K (2021) → $15K (2024)

  • Mikel Lee Perry

    Trustee

    On filings since 2021

    1.9 hrs/week

    $12K (2021) → $13K (2024)

  • Reese Harrison

    Trustee

    On filings since 2021

    0.9 hrs/week

    $18K (2021) → $9K (2024)

  • Bert Prutzman

    Assistant Secretary & Treasurer

    Director → Assistant Secretary & Treasurer, 2021

    On filings since 2020

    4.6 hrs/week

    $16K (2020) → $21K (2024)

  • Brady Bearden

    Vice President

    Assistant Secretary & T → Vice President, 2021

    On filings since 2020

    4.9 hrs/week

    $21K (2020) → $24K (2024)

  • Emily E. Cowan

    Vice President of Member Svcs

    Vice President of Member S → Vice President of Member Svcs, 2021

    On filings since 2020

    50 hrs/week

    $143K (2020) → $185K (2024)

  • Gayle Hughes

    Secretary & Treasurer

    Secretary → Secretary & Treasurer, 2021

    On filings since 2020

    3.8 hrs/week

    $17K (2020) → $19K (2024)

  • Jonathan M. Avery

    Senior Vice President of E & O

    Senior Vice President of → Senior Vice President of E & O, 2021

    On filings since 2020

    50 hrs/week

    $184K (2020) → $225K (2024)

  • Robin C. Shaw

    Vice President of Finance

    Vice President of Financ → Vice President of Finance, 2021

    On filings since 2020

    50 hrs/week

    $133K (2020) → $198K (2024)

  • Stephen T. Rhodes

    Chief Operating Officer

    CEO → Chief Executive Officer, 2021

    Chief Executive Officer → Chief Operating Officer, 2024

    On filings since 2020

    55 hrs/week

    $366K (2020) → $498K (2024)

  • Franklin S. Seay

    Vice President of Administration

    On filings since 2021

    45 hrs/week

    $169K (2021) → $203K (2024)

  • Kevin Jones

    Manager of Engineering

    On filings since 2022

    40 hrs/week

    $135K (2022) → $153K (2024)

  • Jason Price

    Senior Line Technician

    Journeyman Lineman → Senior Line Technician, 2024

    On filings since 2023

    56.5 hrs/week

    $147K (2023) → $165K (2024)

Former officers (8)
  • Former: Jeffery Truett (2022–2023) — Working Foreman
  • Former: George Paul (2020–2022) — Working Foreman
  • Former: Burt E. Cosson (2020–2021) — Trustee
  • Former: Michael Kapotsky (2020–2021) — Director of E & O
  • Former: Larry Tankersly (2021) — Manager of Operations
  • Former: F. Scott Seay (2020) — Vice President of Administrator
  • Former: James Bishop (2020) — Vice President
  • Former: Lee Perry (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Stephen T Rhodes — Chief Operating Officer: $498KStephen T RhodesChief Operating Officer$498KJonathan M Avery — Senior VP of E&O: $225KJonathan M AverySenior VP of E&O$225KFranklin S Seay — VP of Administration: $203KFranklin S SeayVP of Administration$203KRobin C Shaw — VP of Finance: $198KRobin C ShawVP of Finance$198KEmily E Cowan — VP of Member Svcs: $185KEmily E CowanVP of Member Svcs$185KJason Price — Senior Line Technician: $165KJason PriceSenior Line Technician$165KKevin Jones — Manager of Engineering: $153KKevin JonesManager of Engineering$153KTerry J Pilcher — Trustee: $28KTerry J PilcherTrustee$28KBrady Bearden — Vice President: $24KBrady BeardenVice President$24KBert Prutzman — Asst Secretary/Treasurer: $21KBert PrutzmanAsst Secretary/Treasurer$21KGerald Edmondson — President: $19KGerald EdmondsonPresident$19KGayle Hughes — Secretary/Treasurer: $19KGayle HughesSecretary/Treasurer$19KDwayne Davis — Trustee: $15KDwayne DavisTrustee$15KRonald C Jones — Trustee: $14KRonald C JonesTrustee$14KMikel Lee Perry — Trustee: $13KMikel Lee PerryTrustee$13KReese Harrison — Trustee: $9KReese HarrisonTrustee$9K

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.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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