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Filing year 2024

WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC

Dade City, Florida·EIN 59-0545223·12
Total revenue
$601.2M
Total assets
$1.5B
Total expenses
$576M
Reported officers
16
Mission

THE GOAL OF THE COOPERATIVE IS TO PROVIDE EACH OF ITS MEMBERS THE BEST POSSIBLE SERVICE AT THE LOWEST COST.

Executive compensation, broken down

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

General Manager
officer (unspecified)
$887k
$941k
Base
$608k
Bonus
$50k
Other
$4k
Benefits
$37k
Manager
officer (unspecified)
$492k
$521k
Base
$347k
Bonus
$30k
Other
$6k
Benefits
$29k
Mgr HR & Job Training & Safety
highest compensated employee
$458k
$486k
Base
$237k
Bonus
$30k
Other
$10k
Benefits
$15k
Manager-member Relat
highest compensated employee
$428k
$454k
Base
$275k
Bonus
$30k
Other
$2k
Benefits
$37k
District Manager
highest compensated employee
$392k
$416k
Base
$232k
Bonus
$30k
Other
$16k
Benefits
$26k
District Manager
highest compensated employee
$358k
$380k
Base
$309k
Bonus
$10k
Other
$2k
Benefits
$38k
District Manager
highest compensated employee
$338k
$359k
Base
$285k
Bonus
$10k
Other
$2k
Benefits
$42k
Sec'y/treasurer
officer (unspecified)
$54k
$57k
$52k
$55k
Trustee
board member
$41k
$44k
Trustee
board member
$41k
$43k
Trustee
board member
$41k
$43k
Trustee
board member
$35k
$37k
Trustee
board member
$33k
$35k
Vice President
vice president
$29k
$30k
Trustee
board member
$23k
$24k

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 41%
from 2023

From $629k in 2023 to $887k in 2024.

$629k
2023
$887k
2024
In today's dollarsEst.
Up 37% in real terms$687k to $941k

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

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

RevenueExpenses
$574.8M
$536.3M
2023
$601.2M
$576M
2024
Total revenue and total expenses from IRS Form 990 filings.
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