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Filing year 2024

CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC

Defuniak Springs, Florida·EIN 59-0192831·12
Total revenue
$162.7M
Total assets
$422.6M
Total expenses
$153.9M
Reported officers
16
Mission

TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA, & WALTON COUNTIES.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Chief Operating Officer
$862k
$914k
Base
$455k
Bonus
$687
Other
$42k
Benefits
$25k
Senior VP of E&o
senior vice president
$312k
$331k
Base
$201k
Bonus
$2k
Other
$22k
Benefits
$24k
VP of Member Svcs
vice president
$293k
$311k
Base
$171k
Bonus
$2k
Other
$11k
Benefits
$27k
VP of Administration
vice president
$281k
$298k
Base
$180k
Bonus
$2k
Other
$20k
Benefits
$9k
VP of Finance
vice president
$251k
$266k
Base
$183k
Bonus
$2k
Other
$13k
Benefits
$23k
Senior Line Technician
highest compensated employee
$224k
$237k
Base
$164k
Bonus
$305
Other
$445
Benefits
$24k
Manager of Engineering
highest compensated employee
$194k
$206k
Base
$140k
Bonus
$12k
Other
$1k
Benefits
$27k
Trustee
board member
$28k
$30k
Vice President
vice president
$24k
$25k
Asst Secretary/treasurer
officer (unspecified)
$21k
$22k
$19k
$20k
Secretary/treasurer
officer (unspecified)
$19k
$20k
Trustee
board member
$15k
$16k
Trustee
board member
$14k
$15k
Trustee
board member
$13k
$14k
Trustee
board member
$9k
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 8%
from 2023

From $796k in 2023 to $862k in 2024.

$796k
2023
$862k
2024
In today's dollarsEst.
Up 5% in real terms$869k to $914k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$149.2M
$141.9M
2023
$162.7M
$153.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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