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