Compensation 990

Central Florida Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

PO Box 9
Chiefland, Florida 32644

Central Florida Electric Cooperative Inc. (EIN: 59-0188973) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Florida Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 119 total employees. Among the employees shown here, the average compensation is $254,018. The highest compensated employee at Central Florida Electric Cooperative Inc. is Joel D George with fiscal year 2024 compensation of $478,891.

Revenue, expenses, and employee compensation

Revenue

$84,243,478

Expenses

$84,549,237

Employee compensation

$1,074,549
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋8.3%vs 2023
Joel D George
Executive Vp/General Manag
$478,891
$379,925 from orgNo related comp$98,966 other
＋14.2%vs 2023
Kimberly Baxley
Vice President, Safety and HR
$246,179
$182,866 from orgNo related comp$63,313 other
＋3.8%vs 2023
Klint Wood
CREW Supervisor
$232,347
$186,500 from orgNo related comp$45,847 other
＋10.2%vs 2023
George Buckner
Chief Information Officer
$230,729
$168,600 from orgNo related comp$62,129 other
－8.2%vs 2023
Robert D Krefting
Enterprise CFO
$218,781
$168,358 from orgNo related comp$50,423 other
＋10.1%vs 2023
James Beauchamp
Vice President, Operations
$216,716
$159,482 from orgNo related comp$57,234 other
＋7.5%vs 2023
Daniel Powell
Vice President, Engineering
$213,345
$156,821 from orgNo related comp$56,524 other
＋61.3%vs 2018
Dustin E Jones
Service Technician
$195,156
$155,256 from orgNo related comp$39,900 other

Non-Employee Board Members

＋2.9%vs 2023
Alan Mikell
President and Trustee
$24,450
$24,450 from orgNo related compNo other comp
＋111.7%vs 2023
Larry Thompson
Secretary and Trustee
$24,450
$24,450 from orgNo related compNo other comp
＋20.5%vs 2023
James McCain
Trustee
$19,950
$19,950 from orgNo related compNo other comp
＋46.9%vs 2023
Kyle Quincey
Vice President and Trustee
$17,700
$17,700 from orgNo related compNo other comp
－19.1%vs 2023
Houston Markam
Trustee
$12,300
$12,300 from orgNo related compNo other comp
＋2.2%vs 2023
Donald Lane
Trustee
$11,850
$11,850 from orgNo related compNo other comp
－49.1%vs 2023
Carl Roof Sr
Trustee
$10,250
$10,250 from orgNo related compNo other comp
New in 2024
Jessie Robinson
Trustee
$8,800
$8,800 from orgNo related compNo other comp
New in 2024
Tammy Bryan
Trustee
$8,300
$8,300 from orgNo related compNo other comp
－59.4%vs 2023
Tony Weeks
Trustee
$5,700
$5,700 from orgNo related compNo other comp
－83.0%vs 2023
Kenneth O'Steen
Trustee
$2,400
$2,400 from orgNo related compNo other comp

Mission Statement

See Schedule O

Revisions to this organization profile

November 13, 2025:
2024 Central Florida Electric Cooperative Inc. 990 filed
September 10, 2024:
2023 Central Florida Electric Cooperative Inc. 990 filed
September 5, 2023:
2022 Central Florida Electric Cooperative Inc. 990 filed

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