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Filing year 2024

WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC

Dade City, Florida·EIN 59-0545223·501(c)(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 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
Above 90th percentile
$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
Above 90th percentile
$458k
$486k
Base
$237k
Bonus
$30k
Other
$10k
Benefits
$15k
Manager-member Relat
Highest Compensated Employee
Above 90th percentile
$428k
$454k
Base
$275k
Bonus
$30k
Other
$2k
Benefits
$37k
District Manager
Highest Compensated Employee
Above 90th percentile
$392k
$416k
Base
$232k
Bonus
$30k
Other
$16k
Benefits
$26k
District Manager
Highest Compensated Employee
75th to 90th percentile
$358k
$380k
Base
$309k
Bonus
$10k
Other
$2k
Benefits
$38k
District Manager
Highest Compensated Employee
75th to 90th percentile
$338k
$359k
Base
$285k
Bonus
$10k
Other
$2k
Benefits
$42k
Sec'y/treasurer
Officer (Unspecified)
$54k
$57k
President
25th percentile to median
$52k
$55k
Trustee
Board Member
Median to 75th percentile
$41k
$44k
Trustee
Board Member
Median to 75th percentile
$41k
$43k
Trustee
Board Member
Median to 75th percentile
$41k
$43k
Trustee
Board Member
Median to 75th percentile
$35k
$37k
Trustee
Board Member
Median to 75th percentile
$33k
$35k
Vice President
25th percentile to median
$29k
$30k
Trustee
Board Member
Median to 75th percentile
$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.

Pay for the position

Highest Compensated Employee pay rose 22% from 2023 to 2024, while revenue rose 5%.

$376k in 2023 to $458k in 2024.
  • Chief Executive Officer pay rose 11% from 2023 to 2024.
  • Board Member pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC

What does the General Manager of WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC received $886,717 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC falls in the top 10%.

What are WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC reported $601.2M in total revenue and $576M in total expenses on its IRS Form 990.

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