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WEST FLORIDA ELECTRIC COOPERATIVE

EIN: 59-0504115Graceville, FLZIP: 32440
501(c)(12)

Mission

WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. IS IN BUSINESS TO PROVIDE ITS MEMBERS WITH A RELIABLE SOURCE OF ELECTRICITY AND OTHER RELATED, SELF-SUSTAINING SERVICES AT THE LOWEST POSSIBLE COST CONSISTENT WITH ITS EXTERNAL FINANCIAL OBLIGATIONS AND SOUND MANAGEMENT PRACTICES.

Financials

YearRevenueExpensesAssets
2024$78.5M$0$174M
2023$73.9M$0$170.9M

Compensation

2024

SHAWN WALLING
Former Executive VP & CEO
chief executive officer
$227,049
$0
$0
$286,348
PENNY BRYAN
VP of Administration
vice president
$142,795
$0
$0
$284,162
KEITH VARNUM
Manager - Engineering
highest compensated employee
$223,079
$0
$0
$244,363
JAMES EFURD
Chief Information Officer
chief information officer
$150,494
$0
$0
$223,890
KEVIN NELSON
Key Employee
highest compensated employee
$125,347
$0
$0
$189,455
JONATHAN LOVE
Key Employee
highest compensated employee
$148,173
$0
$0
$180,285
WESLEY DUBOISE
Key Employee
highest compensated employee
$139,600
$0
$0
$179,341
WAYNE WILLIAMS
Interim Executive VP & CEO
chief executive officer
$156,130
$0
$0
$167,055
LUKE GATES
Key Employee
highest compensated employee
$134,264
$0
$0
$161,861
DONNIE WORLEY
Safety Manager
highest compensated employee
$0
$0
$0
$131,256
JAMIE ALDAY
Key Employee
highest compensated employee
$0
$0
$0
$126,635
KALEB FROST
Key Employee
highest compensated employee
$0
$0
$0
$115,051
MARIE ASHWORTH
CFO
chief financial officer
$0
$0
$0
$105,236
JOHN W ADAMS
Director
board member
$0
$0
$0
$20,600
GEORGE OWENS
Director
board member
$0
$0
$0
$19,200
TIM ALFORD
President
board president
$0
$0
$0
$18,850
RANDY BUSH
Director
board member
$0
$0
$0
$18,150
MYRON HUDSON
Secretary-treasurer
board treasurer
$0
$0
$0
$17,800
DAVID TATUM
Director
board member
$0
$0
$0
$17,800
JACKIE POOSER
Director
board member
$0
$0
$0
$16,400
DAVID CORBIN
Vice President
vice president
$0
$0
$0
$15,700
MELISSA DAWN ERICKSON
Director
board member
$0
$0
$0
$14,100

2023

JAMES T PEEL
Former CEO
chief executive officer
$185,582
$0
$0
$215,214
MARIE ASHWORTH
CFO
chief financial officer
$154,042
$0
$0
$176,341
KEITH VARNUM
Manager - Engineering
highest compensated employee
$146,537
$0
$0
$168,345
DEREK CHADWELL
Interim CEO
chief executive officer
$124,417
$0
$0
$154,204
WAYNE WILLIAMS
V.p. of Operations
highest compensated employee
$0
$0
$0
$148,832
KALEB FROST
Key Employee
highest compensated employee
$0
$0
$0
$143,456
LUKE GATES
Key Employee
highest compensated employee
$0
$0
$0
$142,075
DONNIE WORLEY
Safety Manager
highest compensated employee
$0
$0
$0
$138,930
JAMIE ALDAY
Key Employee
highest compensated employee
$0
$0
$0
$138,187
SHAWN WALLING
Executive Vp & CEO
chief executive officer
$0
$0
$0
$89,259
JOE RONE
President
board president
$0
$0
$0
$21,341
TIM ALFORD
Director
board member
$0
$0
$0
$20,925
JOHN W ADAMS
Director
board member
$0
$0
$0
$19,818
GEORGE OWENS
Director
board member
$0
$0
$0
$19,728
MYRON HUDSON
Director
board member
$0
$0
$0
$18,409
RANDY BUSH
Secretary-Treasurer
board treasurer
$0
$0
$0
$17,901
JACKIE POOSER
Director
board member
$0
$0
$0
$17,775
DAVID TATUM
Director
board member
$0
$0
$0
$17,171
DAVID CORBIN
Vice President
vice president
$0
$0
$0
$16,375

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Learn more

Data from IRS Form 990 filings (2023-2024).