Skip to content
Nonprofiteer
← All organizations

SUWANNEE VALLEY ELECTRIC COOPERATIVE INC

EIN 59-0472323 LIVE OAK, FL

Largest nonprofits in Florida

Revenue 2024
$77,933,533
Expenses 2024
$77,933,533

As filed

Subsection
12
Classification
4000
Street
PO BOX 160

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

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.

  • Suwannee Valley Electric Coop provides electric service to over 20,000 members in 4 counties in the state of Florida.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jerry Goff

    Vice President

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.6
  • Cynthia Boyette

    Secretary

    Total calculated
    $7,750
    From this org
    $7,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.8
  • Sidney Lord

    Director/Trustee

    Total calculated
    $3,500
    From this org
    $3,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.7
  • Hugh Hunter

    Director/Trustee

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Tyler Putnal

    Director/Trustee

    Total calculated
    $8,500
    From this org
    $8,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.7
  • Laure Bee Roberson III

    Director/Trustee

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Charles Walker

    Director/Trustee

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.7
  • Michael Adams

    President

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Francene Folsom

    Treasurer

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.9
  • Mike McWaters

    CEO

    Total calculated
    $466,267
    From this org
    $362,684
    From related orgs
    $0
    Other
    $103,583
    Hours/week
    54

    Schedule J breakdown matched by us

    Base
    $354,147
    Bonus
    $0
    Other
    $8,537
    Deferred
    $75,207
    Nontaxable benefits
    $28,376
    Filer's total
    $466,267
  • Christine Moor

    CFO

    Total calculated
    $201,898
    From this org
    $159,795
    From related orgs
    $0
    Other
    $42,103
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $159,536
    Bonus
    $0
    Other
    $259
    Deferred
    $36,080
    Nontaxable benefits
    $6,023
    Filer's total
    $201,898
  • Kurt Miller

    Director of Engineering

    Total calculated
    $286,965
    From this org
    $219,569
    From related orgs
    $0
    Other
    $67,396
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $217,075
    Bonus
    $0
    Other
    $2,494
    Deferred
    $48,207
    Nontaxable benefits
    $19,189
    Filer's total
    $286,965
  • Mark Mosley

    Director of Safety

    Total calculated
    $256,266
    From this org
    $204,095
    From related orgs
    $0
    Other
    $52,171
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $201,098
    Bonus
    $0
    Other
    $2,997
    Deferred
    $42,398
    Nontaxable benefits
    $9,773
    Filer's total
    $256,266
  • John Robinson

    Director of Member Service

    Total calculated
    $200,332
    From this org
    $163,949
    From related orgs
    $0
    Other
    $36,383
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $162,803
    Bonus
    $0
    Other
    $1,146
    Deferred
    $33,704
    Nontaxable benefits
    $2,679
    Filer's total
    $200,332
  • Jodi Hughes

    Journeyman Lineman

    Total calculated
    $181,841
    From this org
    $151,796
    From related orgs
    $0
    Other
    $30,045
    Hours/week
    54

    Schedule J breakdown matched by us

    Base
    $150,703
    Bonus
    $0
    Other
    $1,093
    Deferred
    $18,794
    Nontaxable benefits
    $11,251
    Filer's total
    $181,841
  • Trevor Touchton

    Manager of Power Technical

    Total calculated
    $208,515
    From this org
    $155,242
    From related orgs
    $0
    Other
    $53,273
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $155,033
    Bonus
    $0
    Other
    $209
    Deferred
    $33,334
    Nontaxable benefits
    $19,939
    Filer's total
    $208,515
  • Jason Carroll

    Manager of Operations

    Total calculated
    $166,331
    From this org
    $132,699
    From related orgs
    $0
    Other
    $33,632
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $132,056
    Bonus
    $0
    Other
    $643
    Deferred
    $25,519
    Nontaxable benefits
    $8,113
    Filer's total
    $166,331
  • Jimmy Taylor Jr

    General Foreman

    Total calculated
    $168,148
    From this org
    $135,216
    From related orgs
    $0
    Other
    $32,932
    Hours/week
    53

    Schedule J breakdown matched by us

    Base
    $133,730
    Bonus
    $0
    Other
    $1,486
    Deferred
    $24,463
    Nontaxable benefits
    $8,469
    Filer's total
    $168,148

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $77,933,533
    Expenses
    $77,933,533
    Contributions
    $0
    Grants paid
    $15,000
  • 2023
    Revenue
    $69,962,003
    Expenses
    $69,962,003
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $76,170,256
    Expenses
    $76,170,256
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $59,543,683
    Expenses
    $59,543,683
    Assets (EOY)
    $144,309,853
  • 2020 · 990

    Revenue
    $59,096,020
    Expenses
    $59,096,020
    Assets (EOY)
    $143,600,601
  • 2019 · 990

    Revenue
    $61,942,177
    Expenses
    $61,942,177
    Assets (EOY)
    $134,899,691
  • 2018 · 990

    Revenue
    $62,351,686
    Expenses
    $62,351,686
    Assets (EOY)
    $131,547,461
  • 2017 · 990

    Revenue
    $59,432,832
    Expenses
    $59,432,832
    Assets (EOY)
    $125,094,516
  • 2016 · 990

    Revenue
    $60,367,693
    Expenses
    $60,367,693
    Assets (EOY)
    $125,960,874
  • 2015 · 990

    Revenue
    $60,632,839
    Expenses
    $60,632,839
    Assets (EOY)
    $119,901,060
  • 2014 · 990

    Revenue
    $58,517,331
    Expenses
    $58,517,331
    Assets (EOY)
    $114,694,207
  • 2013 · 990

    Revenue
    $54,282,254
    Expenses
    $54,068,418
    Assets (EOY)
    $108,289,734
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $52,191,384
    Assets (EOY)
    $105,460,917

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

  • Rapid Fiber Internet LLC

    C · Internet Service Provider · FL · 100% owned · share of income $1,601,990 · share of assets $7,721,129

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.