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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 Peace River Electric Cooperative Inc.

Peace River Electric Cooperative Inc.

Fiscal year ending 2024. Filed on October 29, 2025.

PO Box 1310
Wauchula, Florida 33873

Peace River Electric Cooperative Inc. (EIN: 59-0395398) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Peace River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 147 total employees. Among the employees shown here, the average compensation is $267,616. The highest compensated employee at Peace River Electric Cooperative Inc. is Randall W Shaw with fiscal year 2024 compensation of $445,178.

Revenue, expenses, and employee compensation

Revenue

$144,033,518

Expenses

$144,033,518

Employee compensation

$1,691,184
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Randall W Shaw
Chief Executive Officer and General Manager
$445,178
$410,115 No related comp$35,063
Paul A Roberts
Vice President, Engineering
$262,132
$231,409 No related comp$30,723
Louise F Blackman
Vice President, Member Services
$259,668
$239,399 No related comp$20,269
Teresa Hamilton
Vice President Accounting and Administration
$237,257
$208,420 No related comp$28,837
Van Crawford
Vice President, Operations
$210,137
$193,280 No related comp$16,857
James Fones
Vice President of MKTG and MBR SVC
$191,326
$175,679 No related comp$15,647

Benchmark Employee Compensation

Non-Employee Board Members

Ellen Bachman
ASST Secretary/Treas
$17,000
$17,000 No related compNo other comp
Marie Dasher
Director
$13,800
$13,800 No related compNo other comp
Leonard Crawley
Director
$12,977
$6,400 No related comp$6,577
Willie Dawes
Secretary and Treasurer
$10,960
$10,960 No related compNo other comp
Hollis Albritton Jr
President
$10,300
$10,300 No related compNo other comp
Chris Portale
Vice President
$9,200
$9,200 No related compNo other comp
Bruce Vickers
Director
$9,100
$9,100 No related compNo other comp
Kenneth Oden
Director
$6,300
$6,300 No related compNo other comp
John Martin
Director
$2,900
$2,900 No related compNo other comp

Contractors

Pike Electric LLC
Utility Construction
$8,555,772
Georgia Right-of-Way
Right of Way Maintenance
$3,570,140
Midwestern Electrical Contractors
Utility Construction
$1,124,093
Center Phase Energy LLC
Utility Construction
$978,839
Dms Construction & Services
Utility Construction
$522,000

Mission Statement

TO PROVIDE OUR MEMBERS RELIABLE ELECTRIC SERVICE AND EXCELLENT CUSTOMER SERVICE AT AFFORDABLE RATES.

Revisions to this organization profile

October 29, 2025:
2024 Peace River Electric Cooperative Inc. 990 filed
April 29, 2025:
Amended (originally filed February 7, 2024)2022 Peace River Electric Cooperative Inc. 990 filed
April 29, 2025:
2023 Peace River Electric Cooperative Inc. 990 filed

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