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  4. Clay Electric Cooperative
EIN 59-0196695

Clay Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
524
City
Keystone Heights
State
Florida
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
To exceed the expectations of our members by providing excellent customer service and reliable Electric services at competitive rates while maintaining the financial stability of the Cooperative.
Total revenues
$477,827,474
2022
Total expenses
$477,827,474
2022
Total assets
$862,101,039
2022
Num. employees
524
2022

Program areas at Clay Electric Cooperative

Provision of reliable Electric service to consumers in a 15 county area.

Personnel at Clay Electric Cooperative

NameTitleCompensation
Richard K DavisGeneral Manager and Chief Executive Officer$724,405
Frank HolmesChief Operating Officer / Director - Engineering / Division Chief - Distributntransmis$165,069
Sanford M MaxwellChief Financial Officer / Director - Finance and Administration / Director - Financeadministrat$264,866
Brent RichardsonChief Information Officer$177,533
Derick ThomasChief Public Relations Officer / Director - Member Relations / Director - Member and Public Rela / Director - Member and Public Relations$223,388
...and 13 more key personnel

Financials for Clay Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$477,287,228
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$23,734
Net gain from sale of non-inventory assets$285,932
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$230,580
Total revenues$477,827,474

Form 990s for Clay Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-02-10990View PDF
...and 9 more Form 990s

Organizations like Clay Electric Cooperative

OrganizationLocationRevenue
Kauai Island Utility CooperativeLihue, HI$175,641,835
McKenzie Electric CooperativeWatford City, ND$401,082,882
Sam Houston Electric CooperativeLivingston, TX$218,824,648
Lee County Electric Cooperative (LCEC)North Fort Myers, FL$626,227,197
Singing River Electric CooperativeLucedale, MS$186,068,369
Sumter Electric CooperativeSumterville, FL$537,389,478
Attn Phyllis ReddJackson, GA$159,172,579
Attn Michelle Fortner CFOMarietta, GA$472,050,608
Flint Electric Membership CorporationReynolds, GA$250,834,907
Beauregard Electric CooperativeDeridder, LA$160,949,998
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 1 new personnel
July 11, 2023
Used new vendors
Identified 19 new vendors, including , , , , , , , , , , , , , , , , , , and
June 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government funding
General information
Address
PO Box 308
Keystone Heights, FL 32656
Metro area
Jacksonville, FL
County
Clay County, FL
Website URL
clayelectric.com/ 
Phone
(352) 473-8000
IRS details
EIN
59-0196695
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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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