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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 Suwannee Valley Electric Cooperative

Suwannee Valley Electric Cooperative

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 160
Live Oak, Florida 32064

Suwannee Valley Electric Cooperative (EIN: 59-0472323) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Suwannee Valley Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 101 total employees. Among the employees shown here, the average compensation is $237,396. The highest compensated employee at Suwannee Valley Electric Cooperative is Mike McWaters with fiscal year 2024 compensation of $466,267.

Revenue, expenses, and employee compensation

Revenue

$77,933,533

Expenses

$77,933,533

Employee compensation

$1,211,396
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike McWaters
Chief Executive Officer
$466,267
$362,684 No related comp$103,583
Kurt Miller
Engineering Director
$286,965
$219,569 No related comp$67,396
Mark Mosley
Safety Director
$256,266
$204,095 No related comp$52,171
Trevor Touchton
Manager of Power Technical
$208,515
$155,242 No related comp$53,273
Christine Moor
Chief Financial Officer
$201,898
$159,795 No related comp$42,103
John Robinson
Member Services Director
$200,332
$163,949 No related comp$36,383
Jodi Hughes
Journeyman Lineman
$181,841
$151,796 No related comp$30,045
Jimmy Taylor Jr
General Foreman
$168,148
$135,216 No related comp$32,932
Jason Carroll
Operations Manager
$166,331
$132,699 No related comp$33,632

Benchmark Employee Compensation

Non-Employee Board Members

Tyler Putnal
Director and Trustee
$8,500
$8,500 No related compNo other comp
Cynthia Boyette
Secretary
$7,750
$7,750 No related compNo other comp
Charles Walker
Director and Trustee
$7,500
$7,500 No related compNo other comp
Francene Folsom
Treasurer
$7,000
$7,000 No related compNo other comp
Laure Bee Roberson III
Director and Trustee
$6,500
$6,500 No related compNo other comp
Hugh Hunter
Director and Trustee
$6,500
$6,500 No related compNo other comp
Michael Adams
President
$6,000
$6,000 No related compNo other comp
Jerry Goff
Vice President
$6,000
$6,000 No related compNo other comp
Sidney Lord
Director and Trustee
$3,500
$3,500 No related compNo other comp

Contractors

Blue Lake Services
Utility Construction and Storm Recovery
$19,267,653
Tide Basin Government Consulting LLC
Emergency Management
$11,345,263
Conexon LLC
Fiber Project Manager
$5,889,028
Spe Utility Contractors Fund LLC
Distribution Construction Contractor
$3,343,965
Utility Lines Construction Inc.
Distribution Construction Contractor
$2,701,905

Mission Statement

The Cooperative's responsibility and aim as a member owned organization is to provide excellent and reliable customer service with competitive rates while enhancing the quality of life of residents in the Suwannee River Valley.

Revisions to this organization profile

November 17, 2025:
2024 Suwannee Valley Electric Cooperative 990 filed
November 14, 2024:
2023 Suwannee Valley Electric Cooperative 990 filed
October 26, 2023:
2022 Suwannee Valley Electric Cooperative 990 filed

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Other organizations also named Suwannee Valley Electric Cooperative

Suwannee Valley Electric Cooperative Foundation Inc.
Live Oak, Florida