Florida Electric Cooperatives

Unknown organization based in Tallahassee, FL. 7 employees. Exempt under §501(c)(6).

MissionTO EFFECTIVELY REPRESENT OUR MEMBERS IN STATE LEGISLATIVE AND REGULATORY ACTIVITIES, AND IN FEDERAL LEGISLATIVE ACTIVITIES; TO ASSIST MEMBERS STATEWIDE WHEN DISASTER STRIKES; AND TO PROVIDE A SELF-SUPPORTED SERVICE THAT OUR MEMBERS DESIRE.

EIN
59-0633990
State
FL
Sector
Unknown
Budget band
$2.5M–$5M
Latest filing
TY 2024
Records
5 officers · 6 years

Financial snapshot · TY 2024

$2.8M
Total revenue
$2.6M
Total expenses
$2.0M
Net assets

Financial health · TY 2024

15
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
24
4.3 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
29
Mix of program fees, grants & contributions

Leadership compensation

Michel L Bjorklund
EXECUTIVE VICE PRESIDENT
$484,782
Forrest Boone
DIRECTOR OF REGULATORY AFF
$234,721
Andrew B Love
DIRECTOR OF GOVERNMENT AFF
$207,469
Jeffrey Banka
DIRECTOR OF ACCOUNTING
$174,805
Alisia Hounshell
DIRECTOR OF STATEWIDE COMMUNICATIONS
$160,246

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Florida Electric Cooperatives Executive Compensation | 990 Data | DoubleNine