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  4. Choctawhatchee Electric Cooperative (CHELCO)
EIN 59-0192831

Choctawhatchee Electric Cooperative (CHELCO)

IRS 501(c) type
501(c)(12)
Num. employees
181
City
Defuniak Springs
State
Florida
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
To continuously promote the quality of life for our members, employees and communities within the scope of our core business. To safely provide quality services and products at competitive value while adhering to the cooperative principles.
Total revenues
$149,247,583
2023
Total expenses
$141,860,887
2023
Total assets
$400,927,730
2023
Num. employees
181
2023

Program areas at CHELCO

To provide Electric service to members in parts of holmes, okaloosa, santa rosa, and walton counties.

Grants made by CHELCO

GranteeGrant descriptionAmount
Walton County Citizens Advisory Council on AgingSee Part Iv$11,367
Walton Education FoundationClassroom Grants and Take Stock in Children Scholarship Funds$6,000

Personnel at CHELCO

NameTitleCompensation
Stephen RhodesChief Executive Officer$435,467
Robin C ShawVice President of Finance$171,293
Emily E CowanVice President of Member Services$167,926
Franklin Scott SeayVice President of Administration$187,404
Michael KapotskyDirector of E and O / Director of Engineering$139,743
...and 10 more key personnel

Financials for CHELCO

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$148,425,231
Investment income and dividends$810,652
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$11,700
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$149,247,583

Form 990s for CHELCO

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-24990View PDF
2022-122023-08-24990View PDF
2021-122022-08-26990View PDF
2020-122021-09-20990View PDF
2019-122020-12-16990View PDF
...and 10 more Form 990s

Organizations like CHELCO

OrganizationLocationRevenue
Wright-Hennepin Cooperative Electric AssociationRockford, MN$125,052,995
Union Rural Electric Co-OpMarysville, OH$66,933,265
San Isabel Electric AssociationPueblo, CO$59,568,606
Rio Grande Electric CooperativeBrackettville, TX$68,662,704
Coosa Valley Electric CooperativeTalladega, AL$50,119,583
Southeast Colorado Power AssociationLa Junta, CO$38,737,318
Corn Belt Energy CorporationBloomington, IL$91,331,713
Gulf Coast Electric CooperativeWewahitchka, FL$58,628,084
Southwestern Electric CooperativeGreenville, IL$63,052,962
FreeState Electric CooperativeTopeka, KS$47,018,053
Data update history
November 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 23, 2024
Used new vendors
Identified 1 new vendor, including
October 5, 2023
Updated personnel
Identified 1 new personnel
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
PO Box 512
Defuniak Springs, FL 32435
Metro area
Crestview-Fort Walton Beach-Destin, FL
County
Walton County, FL
Website URL
chelco.com/ 
Phone
(850) 892-2111
Facebook page
mychelco 
Twitter profile
@mychelco 
IRS details
EIN
59-0192831
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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