Overview

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Est.

1941

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Choctawhatchee Electric Cooperative Inc, identified by EIN 59-0192831, is a nonprofit organization dedicated to providing electric service to its members in parts of Holmes, Okaloosa, Santa Rosa, and Walton counties. With an operating budget of $152.2 million and total revenue of $162.7 million for the 2024 filing year, the cooperative does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.chelco.com.

Mission Statement

TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA, & WALTON COUNTIES.
Revenues
$162.7M
Expenses
$153.9M
Net Income:
+$8.8M
Assets
$422.6M
Liabilities
$284.4M
Net Assets:
+$138.2M
Operating Budget
$152.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$37.1K
Largest grant received
$37.1K
T
Terry J Pilcher
Board Member
B
Brady Bearden
Board Member
B
Bert Prutzman
Board Member

Frequently Asked Questions

What is CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC’s budget?
In 2024, CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC reported an annual operating budget of around $152.2 million. More detailed financial information is available to registered users.
What causes does CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC support?
CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC supports work in Public utilities.
Where does CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC operate?
CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC is headquartered in Defuniak Springs, FL.
Who funded CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC recently?
In 2014, CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC received grants from NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC received in 2014?
The largest grant to CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC in 2014 exceeds $37 thousand.