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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 Mutual & Membership Benefit Florida Keys Electric Cooperative Association Inc.

Florida Keys Electric Cooperative Association Inc.

Fiscal year ending 2022. Filed on October 3, 2023.

91630 Overseas Hwy
Tavernier, Florida 33070

Florida Keys Electric Cooperative Association Inc. (EIN: 59-0247095) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Florida Keys Electric Cooperative Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 137 total employees. Among the employees shown here, the average compensation is $327,360. The highest compensated employee at Florida Keys Electric Cooperative Association Inc. is Scott Newberry with fiscal year 2022 compensation of $568,488.

Revenue, expenses, and employee compensation

Revenue

$115,190,628

Expenses

$115,190,628

Employee compensation

$12,642,526
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Newberry
Chief Executive Officer
$568,488
$363,958 No related comp$204,530
William Lee
Director of Distribution O
$366,203
$181,705 No related comp$184,498
Cris Beaty
Chief Financial Officer
$356,453
$233,881 No related comp$122,572
John Stuart
Chief Operating Officer
$322,425
$232,416 No related comp$90,009
Thomas Anthony
Director of Power Supply A
$293,884
$182,174 No related comp$111,710
Sheri Bulkiewicz
Human Resources Director
$252,458
$172,377 No related comp$80,081
Michael Roberge
Engineering Director
$249,063
$180,679 No related comp$68,384
Adam Secor
SOC Operator
$209,908
$181,673 No related comp$28,235

Benchmark Employee Compensation

Non-Employee Board Members

Gretchen Holland
Secretary
$38,000
$38,000 No related compNo other comp
Dorsey C Belcher
Director
$36,750
$36,750 No related compNo other comp
David C Ritz
Director
$36,400
$36,400 No related compNo other comp
Karl M Wagner
President
$35,700
$35,700 No related compNo other comp
James J Boilini
Director
$34,150
$34,150 No related compNo other comp
Cale Smith
Treasurer
$31,500
$31,500 No related compNo other comp
George D Hertel
Director
$30,600
$30,600 No related compNo other comp
Joseph H Roth III
Director
$29,700
$29,700 No related compNo other comp
Michael H Puto
Vice President
$28,600
$28,600 No related compNo other comp

Contractors

Pike Electric LLC
Transmission Insulator Replacement Contr
$3,064,603
Haugland Energy Group
Distribution Conductor and Pole Replacemen
$3,028,714
Accurate Drilling Systems Inc.
Directional Boring
$1,615,848
Asplundh Tree Expert CO
Tree Trimming
$1,160,741
Wolf Line Construction CO
Fiber Installation
$1,015,124

Mission Statement

THE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

Revisions to this organization profile

September 22, 2025:
2024 Florida Keys Electric Cooperative Association Inc. 990 filed
July 24, 2024:
2023 Florida Keys Electric Cooperative Association Inc. 990 filed
October 3, 2023:
2022 Florida Keys Electric Cooperative Association Inc. 990 filed

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