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SUWANNEE VALLEY ELECTRIC COOPERATIVE

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Public IRS 990 nonprofit record

SUWANNEE VALLEY ELECTRIC COOPERATIVE

EIN 59-0472323 · Mutual & Membership Benefit (Y)

What they do

The Cooperatives 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.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.00spent for every $100 of revenueRevenue covered expenses this year.
$4.43in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $466,267 for MIKE MCWATERS (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$77,933,533
Expenses$77,933,533
See all reported dollar amounts
Revenue$77,933,533
Expenses$77,933,533
Assets$345,183,409
Income$77,941,598
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MIKE MCWATERSCEO · 54 hrs/week $466,267Base $362,684 · Other $103,583
KURT MILLERDIRECTOR OF ENGINEERING · 46 hrs/week $286,965Base $219,569 · Other $67,396
MARK MOSLEYDIRECTOR OF SAFETY · 45 hrs/week $256,266Base $204,095 · Other $52,171
TREVOR TOUCHTONMANAGER OF POWER TECHNICAL · 45 hrs/week $208,515Base $155,242 · Other $53,273
CHRISTINE MOORCFO · 42 hrs/week $201,898Base $159,795 · Other $42,103
JOHN ROBINSONDIRECTOR OF MEMBER SERVICE · 45 hrs/week $200,332Base $163,949 · Other $36,383
JODI HUGHESJOURNEYMAN LINEMAN · 54 hrs/week $181,841Base $151,796 · Other $30,045
JIMMY TAYLOR JRGENERAL FOREMAN · 53 hrs/week $168,148Base $135,216 · Other $32,932
JASON CARROLLMANAGER OF OPERATIONS · 44 hrs/week $166,331Base $132,699 · Other $33,632
TYLER PUTNALDIRECTOR/TRUSTEE · 3 hrs/week $8,500
CYNTHIA BOYETTESECRETARY · 1 hrs/week $7,750
CHARLES WALKERDIRECTOR/TRUSTEE · 3 hrs/week $7,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

MIKE MCWATERSCEO

KURT MILLERDIRECTOR OF ENGINEERING

MARK MOSLEYDIRECTOR OF SAFETY

TREVOR TOUCHTONMANAGER OF POWER TECHNICAL

CHRISTINE MOORCFO

JOHN ROBINSONDIRECTOR OF MEMBER SERVICE

JODI HUGHESJOURNEYMAN LINEMAN

JIMMY TAYLOR JRGENERAL FOREMAN

JASON CARROLLMANAGER OF OPERATIONS

TYLER PUTNALDIRECTOR/TRUSTEE

CYNTHIA BOYETTESECRETARY

CHARLES WALKERDIRECTOR/TRUSTEE

FRANCENE FOLSOMTREASURER

LAURE BEE ROBERSON IIIDIRECTOR/TRUSTEE

HUGH HUNTERDIRECTOR/TRUSTEE

JERRY GOFFVICE PRESIDENT

MICHAEL ADAMSPRESIDENT

SIDNEY LORDDIRECTOR/TRUSTEE

About this charity

Recognized since
January 1947
Location
PO BOX 160, LIVE OAK, FL 32064-0160
County
Suwannee
In care of
Michael S McWaters
Primary officer
Michael S McWaters, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
JACKSON THORNTON & CO PC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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