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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Central Florida Electric Cooperative Inc.

Central Florida Electric Cooperative Inc.

Fiscal year ending 2023. Filed on September 10, 2024.

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 2023 IRS Form 990 filing, Central Florida Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 126 total employees. Among the employees shown here, the average compensation is $225,831. The highest compensated employee at Central Florida Electric Cooperative Inc. is Joel D George with fiscal year 2023 compensation of $442,162.

Revenue, expenses, and employee compensation

Revenue

$75,068,606

Expenses

$73,789,133

Employee compensation

$1,641,277
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joel D George
Executive Vp/General Manag
$442,162
$347,975 No related comp$94,187
Robert D Krefting
Enterprise CFO
$238,249
$184,537 No related comp$53,712
Klint Wood
CREW Supervisor
$223,824
$176,887 No related comp$46,937
Kimberly Baxley
Vice President, Safety and HR
$215,614
$176,972 No related comp$38,642
George Buckner
Chief Information Officer
$209,373
$150,021 No related comp$59,352
Daniel Powell
Vice President, Engineering
$198,526
$140,409 No related comp$58,117
James Beauchamp
Vice President, Operations
$196,753
$140,285 No related comp$56,468
Travis Smith
LINE Technician
$186,941
$145,686 No related comp$41,255
Lester Aldrich
CREW Supervisor
$175,679
$140,984 No related comp$34,695
Matthew Miller
CREW Supervisor
$171,193
$137,000 No related comp$34,193

Benchmark Employee Compensation

Non-Employee Board Members

Alan Mikell
Secretary and Trustee
$23,750
$23,750 No related compNo other comp
Carl Roof Sr
Vice President and Trustee
$20,150
$20,150 No related compNo other comp
James McCain
President and Trustee
$16,550
$16,550 No related compNo other comp
Houston Markam
Trustee
$15,200
$15,200 No related compNo other comp
Kenneth O'Steen
Trustee
$14,100
$14,100 No related compNo other comp
Tony Weeks
Trustee
$14,050
$14,050 No related compNo other comp
Kyle Quincey
Trustee
$12,050
$12,050 No related compNo other comp
Donald Lane
Trustee
$11,600
$11,600 No related compNo other comp
Larry Thompson
Trustee
$11,550
$11,550 No related compNo other comp
Barbara Townsend
Trustee/Decsd 2023
$1,600
$1,600 No related compNo other comp

Contractors

Musgrove Construction Inc.
Construction and Pole Replacements
$11,104,083
Bigham Cable Construction Inc.
Fiber Construction
$3,981,532
Conexon LLC
Fiber System Design/Project Management
$2,903,806
Storm Services LLC
Storm Restoration
$1,716,493
Baird Tree Company Inc.
Right of Way Maintenance
$1,545,393

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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