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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 2023. Filed on July 24, 2024.

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 2023 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 131 total employees. Among the employees shown here, the average compensation is $333,770. The highest compensated employee at Florida Keys Electric Cooperative Association Inc. is Scott Newberry with fiscal year 2023 compensation of $569,604.

Revenue, expenses, and employee compensation

Revenue

$102,799,205

Expenses

$102,799,205

Employee compensation

$13,057,584
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Scott Newberry
Chief Executive Officer
$569,604
$386,958 No related comp$182,646
William Lee
Director of Distribution OPS
$357,039
$190,558 No related comp$166,481
Cris Beaty
Chief Financial Officer
$354,393
$244,417 No related comp$109,976
John Stuart
Chief Operating Officer
$330,561
$247,264 No related comp$83,297
Thomas Anthony
Director of Power Supply A
$285,407
$198,228 No related comp$87,179
Charles Hughes
SOC Operator
$258,474
$205,609 No related comp$52,865
Adam Secor
SOC Operator
$257,610
$226,583 No related comp$31,027
Sheri Bulkiewicz
Human Resources Director
$257,072
$190,665 No related comp$66,407

Benchmark Employee Compensation

Non-Employee Board Members

Dorsey C Belcher
Director
$37,850
$37,850 No related compNo other comp
Gretchen Holland
Secretary
$35,050
$35,050 No related compNo other comp
Karl M Wagner
President
$33,850
$33,850 No related compNo other comp
David C Ritz
Director
$33,600
$33,600 No related compNo other comp
Cale Smith
Treasurer
$31,200
$31,200 No related compNo other comp
Joseph H Roth III
Director
$28,750
$28,750 No related compNo other comp
George D Hertel
Director
$28,650
$28,650 No related compNo other comp
Michael H Puto
Vice President
$28,450
$28,450 No related compNo other comp
James J Boilini
Director
$28,400
$28,400 No related compNo other comp

Contractors

Pike Electric Inc.
Transmission Pole Line Replacement Contr
$6,358,055
Haugland Energy Group LLC
Distribution Conductor and Pole Replacemen
$2,377,016
The Le Meyers Company
Substation Upgrade Contractor - Kl Sub
$2,155,747
Michels Corporation
Transmission Insulator Replacement Contr
$1,148,421
Dave Tree Expert CO
Tree Trimming
$1,030,851

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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