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EIN 59-0472323

Suwannee Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
96
City
Live Oak
State
Florida
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
The Cooperative's responsibility and aim as a member owned organization is to provide excellent and reliable customer service with competitive rates while enhancing the quality of life of residents in the Suwannee river Valley. To provide quality and reliable Electric service to members of the Cooperative.
Total revenues
$76,170,256
2022
Total expenses
$76,170,256
2022
Total assets
$150,357,185
2022
Num. employees
96
2022

Program areas at Suwannee Valley Electric Cooperative

Suwannee Valley Electric Coop provides electric service to over 20,000 members in 4 counties in the state of Florida.

Personnel at Suwannee Valley Electric Cooperative

NameTitleCompensation
Michael S McWatersChief Executive Officer$213,745
Christine MoorChief Financial Officer$136,510
John RobinsonDirector of Member Service$128,250
Kurt MillerDirector of Engineering$192,839
Crystal EckerGeneral Counsel$110,348
...and 12 more key personnel

Financials for Suwannee Valley Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$76,023,097
Investment income and dividends$41,095
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$107,906
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-456
Miscellaneous revenues$-1,386
Total revenues$76,170,256

Form 990s for Suwannee Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-11-01990View PDF
2020-122021-10-28990View PDF
2019-122021-06-07990View PDF
2019-122021-01-11990OView PDF
...and 9 more Form 990s

Organizations like Suwannee Valley Electric Cooperative

OrganizationLocationRevenue
Three Rivers Electric CooperativeLinn, MO$48,189,109
Eastern Iowa Light and Power CooperativeWilton, IA$68,261,552
Minnesota Valley Electric CooperativeJordan, MN$112,862,188
Kandiyohi Power CooperativeSpicer, MN$24,404,256
Pioneer Electric CooperativeGreenville, AL$31,309,147
Talquin Electric CooperativeQuincy, FL$155,209,914
Clark Electric CooperativeGreenwood, WI$25,902,143
Itasca-Mantrap Cooperative Electrical AssociationPark Rapids, MN$30,902,494
Baldwin County Electric Membership CorporationSummerdale, AL$203,404,619
Benco Electric CooperativeMankato, MN$53,900,086
Data update history
November 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 27, 2023
Updated personnel
Identified 4 new personnel
November 26, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 160
Live Oak, FL 32064
County
Suwannee County, FL
Website URL
svec-coop.com/ 
Phone
(386) 362-2226
IRS details
EIN
59-0472323
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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