Florida Keys Electric Cooperative

Mutual benefit organization based in Tavernier, FL. 131 employees. Exempt under §501(c)(12).

MissionTHE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

EIN
59-0247095
State
FL
Sector
Mutual benefit
Budget band
$50M+
Latest filing
TY 2023
Records
8 officers · 5 years

Financial snapshot · TY 2023

$102.8M
Total revenue
$102.8M
Total expenses
$222.9M
Net assets

Financial health · TY 2023

21
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
50
9 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
4
Mix of program fees, grants & contributions

Leadership compensation

Scott Newberry
CHIEF EXECUTIVE OFFICER
$569,604
William Lee
DIRECTOR OF DISTRIBUTION OPS
$357,039
Cris Beaty
CHIEF FINANCIAL OFFICER
$354,393
John Stuart
CHIEF OPERATING OFFICER
$330,561
Thomas Anthony
DIRECTOR OF POWER SUPPLY A
$285,407

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Florida Keys Electric Cooperative Executive Compensation | 990 Data | DoubleNine