EIN 59-0472323

Suwannee Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
94
City
Live Oak
State
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
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
$69,962,003
2023
Total expenses
$69,962,003
2023
Total assets
$261,730,501
2023
Num. employees
94
2023

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 9 more key personnel

Financials for Suwannee Valley Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$70,234,881
Investment income and dividends$177,462
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$422,424
Net gain from sale of non-inventory assets$160,616
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$7,612
Miscellaneous revenues$-1,040,992
Total revenues$69,962,003

Form 990s for Suwannee Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-10-26990View PDF
2021-122022-11-01990View PDF
2020-122021-10-28990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like Suwannee Valley Electric Cooperative

OrganizationLocationRevenue
Newberry Electric CooperativeNewberry, SC$48,559,358
Four County Electric Membership CorporationBurgaw, NC$109,316,259
Ocmulgee Electric Membership CorporationEastman, GA$26,583,784
Wright-Hennepin Cooperative Electric AssociationRockford, MN$125,052,995
Southern Pine Electric CooperativeBrewton, AL$60,293,022
Wiregrass Electric CooperativeHartford, AL$61,260,471
Oregon Trail Electric Consumers CooperativeBaker City, OR$59,687,232
Clark Electric CooperativeGreenwood, WI$25,902,143
Itasca-Mantrap Cooperative Electrical AssociationPark Rapids, MN$30,902,494
Talquin Electric CooperativeQuincy, FL$155,209,914
Data update history
November 6, 2024
Updated personnel
Identified 1 new personnel
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
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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