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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 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

Joel D George
Executive Vp/General Manag
$478,891
$379,925 No related comp$98,966
Kimberly Baxley
Vice President, Safety and HR
$246,179
$182,866 No related comp$63,313
Klint Wood
CREW Supervisor
$232,347
$186,500 No related comp$45,847
George Buckner
Chief Information Officer
$230,729
$168,600 No related comp$62,129
Robert D Krefting
Enterprise CFO
$218,781
$168,358 No related comp$50,423
James Beauchamp
Vice President, Operations
$216,716
$159,482 No related comp$57,234
Daniel Powell
Vice President, Engineering
$213,345
$156,821 No related comp$56,524
Dustin E Jones
Service Technician
$195,156
$155,256 No related comp$39,900

Benchmark Employee Compensation

Non-Employee Board Members

Alan Mikell
President and Trustee
$24,450
$24,450 No related compNo other comp
Larry Thompson
Secretary and Trustee
$24,450
$24,450 No related compNo other comp
James McCain
Trustee
$19,950
$19,950 No related compNo other comp
Kyle Quincey
Vice President and Trustee
$17,700
$17,700 No related compNo other comp
Houston Markam
Trustee
$12,300
$12,300 No related compNo other comp
Donald Lane
Trustee
$11,850
$11,850 No related compNo other comp
Carl Roof Sr
Trustee
$10,250
$10,250 No related compNo other comp
Jessie Robinson
Trustee
$8,800
$8,800 No related compNo other comp
Tammy Bryan
Trustee
$8,300
$8,300 No related compNo other comp
Tony Weeks
Trustee
$5,700
$5,700 No related compNo other comp
Kenneth O'Steen
Trustee
$2,400
$2,400 No related compNo other comp

Contractors

Bigham Cable Construction Inc.
Fiber Construction
$20,030,923
Musgrove Construction Inc.
Line Work/Construction
$8,679,734
Conexon LLC
Broadband - Project Management
$7,877,445
Utility Lines Construction Services LLC
Line Work/Construction
$7,847,121
Benton Technical Services Inc
Fiber Construction
$5,979,949

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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