Central Florida Electric Cooperative Inc

Organization Overview

Central Florida Electric Cooperative Inc is located in Chiefland, FL. The organization was established in 1943. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Central Florida Electric Cooperative Inc employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Florida Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Central Florida Electric Cooperative Inc generated $67.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $67.2m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SALE OF ELECTRICITY TO APPROXIMATELY 27,000+ COOPERATIVE MEMBERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Musgrove Construction Inc
Pole Replacements
$1,539,343
Baird Tree Company Inc
Right Of Way Maintenance
$1,023,407
The Davey Tree Experts Co
Right Of Way Maintenance
$792,605
Sedcmeridian
Software And Support
$542,304
Burford's Tree Surgeons Inc
Right Of Way Maintenance
$609,101
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$67,056,152
Investment income $43,234
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $242,762
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $67,342,148

Create an account to unlock the data you need.

or