- Revenue 2025
- $182,276,805
- Expenses 2025
- $166,188,168
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- PO BOX 512
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 · 2025
Mission
TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA, & WALTON COUNTIES.
-
TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA, & WALTON COUNTIES.
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Terry J PilcherTERRY J PILCHER
TRUSTEE
- Total calculated
- $38,475
- From this org
- $38,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 11
-
Brady BeardenBRADY BEARDEN
VICE PRESIDENT
- Total calculated
- $29,400
- From this org
- $27,300
- From related orgs
- $2,100
- Other
- $0
- Hours/week
- 5 + 0.2 related
-
Bert PrutzmanBERT PRUTZMAN
TRUSTEE
- Total calculated
- $24,250
- From this org
- $22,150
- From related orgs
- $2,100
- Other
- $0
- Hours/week
- 4
-
Dwayne DavisDWAYNE DAVIS
TRUSTEE
- Total calculated
- $20,475
- From this org
- $20,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.9
-
Gerald EdmondsonGERALD EDMONDSON
PRESIDENT
- Total calculated
- $24,975
- From this org
- $22,875
- From related orgs
- $2,100
- Other
- $0
- Hours/week
- 8 + 0.2 related
-
Gayle HughesGAYLE HUGHES
SECRETARY/TREASURER
- Total calculated
- $17,850
- From this org
- $17,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Reese HarrisonREESE HARRISON
TRUSTEE
- Total calculated
- $8,925
- From this org
- $8,925
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Mikel Lee PerryMIKEL LEE PERRY
TRUSTEE
- Total calculated
- $13,650
- From this org
- $13,650
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Ronald C JonesRONALD C JONES
TRUSTEE
- Total calculated
- $17,850
- From this org
- $15,750
- From related orgs
- $2,100
- Other
- $0
- Hours/week
- 2 + 0.1 related
-
Stephen T RhodesSTEPHEN T RHODES
CHIEF EXECUTIVE OFFICER
- Total calculated
- $948,220
- From this org
- $526,203
- From related orgs
- $0
- Other
- $422,017
- Hours/week
- 55 + 5 related
Schedule J breakdown matched by us
- Base
- $508,840
- Bonus
- $0
- Other
- $17,363
- Deferred
- $394,923
- Nontaxable benefits
- $27,094
- Filer's total
- $948,220
-
Robin C ShawROBIN C SHAW
VP OF FINANCE
- Total calculated
- $273,796
- From this org
- $205,161
- From related orgs
- $0
- Other
- $68,635
- Hours/week
- 50 + 4 related
Schedule J breakdown matched by us
- Base
- $194,247
- Bonus
- $1,600
- Other
- $9,314
- Deferred
- $43,281
- Nontaxable benefits
- $25,354
- Filer's total
- $273,796
-
Jonathan M AveryJONATHAN M AVERY
SENIOR VP OF E&O
- Total calculated
- $325,082
- From this org
- $233,695
- From related orgs
- $0
- Other
- $91,387
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $223,335
- Bonus
- $1,600
- Other
- $8,760
- Deferred
- $66,227
- Nontaxable benefits
- $25,160
- Filer's total
- $325,082
-
Franklin S SeayFRANKLIN S SEAY
VP OF ADMINISTRATION
- Total calculated
- $300,330
- From this org
- $209,355
- From related orgs
- $0
- Other
- $90,975
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $194,230
- Bonus
- $1,600
- Other
- $13,525
- Deferred
- $81,031
- Nontaxable benefits
- $9,944
- Filer's total
- $300,330
-
Emily E CowanEMILY E COWAN
VP OF MEMBER SVCS
- Total calculated
- $306,485
- From this org
- $192,114
- From related orgs
- $0
- Other
- $114,371
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $180,342
- Bonus
- $1,600
- Other
- $10,172
- Deferred
- $88,759
- Nontaxable benefits
- $25,612
- Filer's total
- $306,485
-
Jeffrey TruettJEFFREY TRUETT
WORKING FOREMAN
- Total calculated
- $210,282
- From this org
- $164,445
- From related orgs
- $0
- Other
- $45,837
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $163,697
- Bonus
- $0
- Other
- $748
- Deferred
- $37,492
- Nontaxable benefits
- $8,345
- Filer's total
- $210,282
-
Rocky HudsonROCKY HUDSON
DIRECTOR OF E & O - EGLIN AFB
- Total calculated
- $197,690
- From this org
- $150,554
- From related orgs
- $0
- Other
- $47,136
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,588
- Bonus
- $800
- Other
- $1,166
- Deferred
- $18,111
- Nontaxable benefits
- $29,025
- Filer's total
- $197,690
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
-
2025
- Revenue
- $182,276,805
- Expenses
- $166,188,168
- Contributions
- $0
- Grants paid
- $173,460
-
2024
- Revenue
- $162,680,478
- Expenses
- $153,907,690
- Contributions
- $0
- Grants paid
- $144,528
-
2023
- Revenue
- $149,247,583
- Expenses
- $141,860,887
- Contributions
- $0
- Grants paid
- $142,707
-
2022
- Revenue
- $140,151,380
- Expenses
- $133,323,002
- Contributions
- $0
- Grants paid
- $107,029
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
- $124,274,504
- Expenses
- $117,642,223
- Assets (EOY)
- $360,891,875
-
2020 · 990
- Revenue
- $115,831,475
- Expenses
- $112,017,515
- Assets (EOY)
- $334,468,850
-
2019 · 990
- Revenue
- $118,644,430
- Expenses
- $112,098,400
- Assets (EOY)
- $313,285,798
-
2018 · 990
- Revenue
- $115,751,555
- Expenses
- $110,042,480
- Assets (EOY)
- $301,930,093
-
2017 · 990
- Revenue
- $105,315,159
- Expenses
- $98,321,222
- Assets (EOY)
- $283,620,683
-
2016 · 990
- Revenue
- $96,606,139
- Expenses
- $91,736,190
- Assets (EOY)
- $189,735,266
-
2015 · 990
- Revenue
- $97,082,891
- Expenses
- $92,748,699
- Assets (EOY)
- $181,842,429
-
2014 · 990
- Revenue
- $101,153,782
- Expenses
- $96,251,942
- Assets (EOY)
- $176,131,929
-
2013 · 990
- Revenue
- $92,892,616
- Expenses
- $89,289,203
- Assets (EOY)
- $170,335,754
-
2012 · 990
- Revenue
- not reported
- Expenses
- $28,774,186
- Assets (EOY)
- $159,917,910
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
-
$13,029
2022 SEE PART IV
-
$11,367
2023 SEE PART IV
-
2022 CLASSROOM GRANTS AND TAKE STOCK IN CHILDREN SCHOLARSHIP FUND
-
$9,000
2022 CLASSROOM GRANTS AND TAKE STOCK IN CHILDREN SCHOLARSHIP FUNDS
-
2024 SEE PART IV
-
2025 SEE PART IV
-
$6,000
2023 CLASSROOM GRANTS AND TAKE STOCK IN CHILDREN SCHOLARSHIP FUNDS
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 2025 return
-
501(C)(3) · PART VII · FL
Declared as related by
-
CHELCO FOUNDATION A FLORIDA CORPORATION NOT-FOR-PROFIT
On its 2025 return
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
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 2025 return
-
SOUTHLAND UTILITY SERVICES INC
C · PART VII · FL · 100% owned · share of income $8,484,118 · share of assets $6,001,166 · controlled entity
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 2025, the newest we have parsed for this organization.