Withlacoochee River Electric
THE GOAL OF THE COOPERATIVE IS TO PROVIDE EACH OF ITS MEMBERS THE BEST POSSIBLE SERVICE AT THE LOWEST COST.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5B
+12.0% YoY
Revenue
$601.2M
+4.6% YoY
Net Investment Income
$13.4M
-7.4% YoY
Expenses
$576.0M
+7.4% YoY
About Withlacoochee River Electric
Based on IRS filings
Withlacoochee River Electric is a nonprofit organization, based in DADE CITY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. Net investment income was $13.4M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,501,239,477 | $1,340,349,704 | $1,278,036,654 |
| Revenue | $601,244,559 | $574,812,838 | $584,081,760 |
| Expenses | $575,986,025 | $536,323,840 | $561,756,607 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $13,400,028 | $14,463,109 | $5,437,953 |
| 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
10 grants across all recorded years
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 |
|---|---|---|---|
| PATRICIA P BECHTELHEIMER | TRUSTEE | 10 | $35,235 |
| ALAN HENGESBACH | SEC'Y/TREASURER | 15 | $53,541 |
| DAVID HUNNICUTT | TRUSTEE | 15 | $22,600 |
| KIMBERLY KINNEY | TRUSTEE | 10 | $32,759 |
| DESMOND G LITTLE | TRUSTEE | 10 | $40,608 |
| PAUL LITTLE | TRUSTEE | 10 | $41,178 |
| TERRENCE SCHRADER | PRESIDENT | 15 | $52,191 |
| ROBERT BARTHLE | TRUSTEE | 10 | $40,941 |
| ROBERT W STRICKLAND | VICE PRESIDENT | 15 | $28,751 |
| DAVID B LAMBERT II | GENERAL MANAGER | 70 | $662,267 |
| RONNIE DEESE | MANAGER | 50 | $382,154 |
| JOSEPH MARINA | DISTRICT MANAGER | 55 | $320,479 |
| MARLIN SEXTON JR | DISTRICT MANAGER | 55 | $278,241 |
| KRISTINA S WALZAK | MGR HR & JOB TRAINING & SAFETY | 55 | $277,236 |
| DAVID GONZALEZ | DISTRICT MANAGER | 55 | $296,665 |
| GARY F STEELE JR | MANAGER-MEMBER RELAT | 60 | $306,875 |
Frequently Asked Questions
How large is Withlacoochee River Electric?
As of 2024, Withlacoochee River Electric holds $1.5B in total assets with $601.2M in annual revenue.
Where does Withlacoochee River Electric operate?
Withlacoochee River Electric has awarded grants in Florida, Maryland.
What is Withlacoochee River Electric's EIN?
Withlacoochee River Electric's EIN (Employer Identification Number) is 59-0545223. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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