2026-08-11T13:28:16-05:00 2025-12-31 414066366 JACKSON THORNTON ADVISORS LLC PO BOX 96 MONTGOMERY AL 361010096 990 2025-01-01 590504115 WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION INC WEST 8502633231 PO BOX 127 GRACEVILLE FL 32440 WILL MELTON DIRECTOR OF ENGINEERING 8502633231 2026-08-06 1 RICHARD B COMPTON P03317491 3348347660 2026-08-06 2025 2025-03-06 01:10:19Z WILL MELTON PO BOX 127 GRACEVILLE FL 32440 81035170 0 X WWW.WESTFLORIDA.COOP X 1937 FL WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. IS IN BUSINESS TO PROVIDE ITS MEMBERS WITH A RELIABLE SOURCE OF ELECTRICITY AND OTHER RELATED, SELF-SUSTAINING SERVICES AT THE LOWEST POSSIBLE COST CONSISTENT WITH ITS EXTERNAL OBLIGATIONS AND SOUND MANAGEMENT PRACTICES. 9 9 99 0 151043 0 0 0 76961306 79691562 60777 50426 1448724 1293182 78470807 81035170 0 0 0 1319284 3855529 3779432 0 0 0 70715343 75365492 74570872 80464208 3899935 570962 173963650 177738202 78018056 81185459 95945594 96552743 X WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. IS IN BUSINESS TO PROVIDE ITS MEMBERS WITH A RELIABLE SOURCE OF ELECTRICITY AND OTHER RELATED, SELF-SUSTAINING SERVICES AT THE LOWEST POSSIBLE COST CONSISTENT WITH ITS EXTERNAL OBLIGATIONS AND SOUND MANAGEMENT PRACTICES. 0 0 WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. IS AN ELECTRIC DISTRIBUTION COOPERATIVE THAT PROVIDED 30,309 SERVICES TO ITS MEMBERS IN WEST FLORIDA IN 2025. WEST FLORIDA ELECTRIC MAINTAINED 4,495 MILES OF ELECTRIC DISTRIBUTION LINES AND SOLD 542,670,486 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 1 99 1 1 1 0 0 0 0 82896167 1343608 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILL MELTON 8502633231 PO BOX 127 GRACEVILLE FL 32440 RANDY BUSH DIRECTOR 2.00 X 16400 21303 0 JOHN ADAMS DIRECTOR 2.00 X 22700 0 0 GEORGE OWENS DIRECTOR 2.00 X 20250 0 0 TIM ALFORD PRESIDENT 2.00 X X 20250 0 0 DAVID TATUM TREASURER 2.00 X X 18800 0 0 MYRON HUDSON SECRETARY 2.00 X X 21300 0 0 JACKIE POOSER DIRECTOR 2.00 X 18850 0 0 DAVID CORBIN VICE PRESIDENT 2.00 X X 15300 0 0 MELISSA ERICKSON DIRECTOR 2.00 X 11000 0 0 NATHAN BERRY CEO 40.00 X 123251 11100 16829 HELEN DAVIS MANAGER OF ACCOUNTING 40.00 X 138410 0 77180 WAYNE WILLIAMS VP OF OPERATIONS 40.00 X 176834 10652 11647 PENNY BRYAN VP OF ADMINISTRATIVE SVS. 40.00 X 173854 0 24266 JAMES EFURD FORMER CIO 40.00 X 210642 0 10204 WILL MELTON DIRECTOR OF ENGINEERING 40.00 X 141082 0 24185 DONNIE WORLEY DIRECTOR OF TRANSPORTATION & GROUNDS 40.00 X 138187 0 24026 SHAWN WALLING FORMER CEO 0.00 X 157556 0 17337 1424666 43055 205674 36 1 1 0 ASPLUNDH TREE EXPERTS CO PO BOX 532729 ATLANTA GA 30353 RIGHT OF WAY SERVICES 3422699 LEE ELECTRICAL CONST INC 12828 HWY 15-501 SOUTH ABERDEEN NC 28315 CONSTRUCTION 1705489 MERIDIAN COOPERATIVE INC 100 ASHFORD CTR N SUITE 500 ATLANTA GA 30338 UTILITY TECHNOLOGY COMPANY 992659 LOCKE DEVELOPMENT INC 2932 PONCE DE LEON SPRING RD PONCE DE LEON FL 32455 CONSTRUCTION 454938 SOUTHERN STATES UTILITY LLC 710 WATER OAK LANE TALLADEGA AL 35160 CONSTRUCTION 445960 7 ELECTRIC SALES 221000 79691562 79691562 79691562 50426 50426 G&T AND OTHER CAPITAL 221000 1142139 1142139 NON UTILITY OPERATIONS 900099 151043 151043 1293182 81035170 80833701 151043 50426 X 1319284 552923 2717427 509082 638188 1111132 88839 3056177 6007943 118523 NON UTILITY OPERATIONS 191928 COST OF POWER 48802867 DISTRIBUTIONS OPERATION 5322318 DISTRIBUTION MAINTENANC 5166525 4861052 80464208 1393496 2551573 15183912 14004036 5405747 3179309 537317 166974 182505749 56513462 120142350 125992287 29218263 30005520 2082565 1838503 173963650 177738202 6278946 7727122 500000 0 68760247 70644805 2478863 2813532 78018056 81185459 X 150815 153140 0 0 95794779 96399603 95945594 96552743 173963650 177738202 X 570962 36187 X X 0 1 X 1 0 107212 107212 6214669 6214669 174888540 56513462 118375078 1295328 1295328 125992287 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 30005520 C 30005520 CONSUMER DEPOSITS 2030305 DEFERRED CREDITS 671754 DEFERRED COMPENSATION 111473 2813532 X 80884127 0 80884127 151043 151043 81035170 78993881 0 78993881 1470327 1470327 80464208 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). MANAGEMENT EVALUATED THE COOPERATIVE'S TAX POSITIONS AND CONCLUDED THAT THE COOPERATIVE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON UTILITY OPERATIONS REVENUE REPORTED ON FORM 990, PART VII, LINE 11B 151,043. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON UTILITY OPERATIONS REVENUE REPORTED ON FORM 990, PART VII, LINE 11B 151,043. MARGINS ALLOCATED TO MEMBERS ON FORM 990, PART IX, LINE 4 1,319,284. 0 0 0 JAMES EFURD FORMER CIO 210642 0 0 0 0 0 3487 0 6717 0 220846 0 0 0 HELEN DAVIS MANAGER OF ACCOUNTING 138410 0 0 0 0 0 58247 0 18933 0 215590 0 0 0 WAYNE WILLIAMS VP OF OPERATIONS 176303 10652 0 0 531 0 4889 0 6758 0 188481 10652 0 0 PENNY BRYAN VP OF ADMINISTRATIVE SVS. 173854 0 0 0 0 0 5023 0 19243 0 198120 0 0 0 SHAWN WALLING FORMER CEO 157556 0 0 0 0 0 0 0 17337 0 174893 0 0 0 WILL MELTON DIRECTOR OF ENGINEERING 140533 0 0 0 549 0 4222 0 19963 0 165267 0 0 0 DONNIE WORLEY DIRECTOR OF TRANSPORTATION & GROUNDS 137677 0 0 0 510 0 4373 0 19653 0 162213 0 0 0 NATHAN BERRY CEO 113651 11100 0 0 9600 0 7207 0 9622 0 140080 11100 0 0 FORM 990, PART VI, SECTION A, LINE 6 WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE IDENTICAL VOTING RIGHTS AND ARE ASSIGNED MARGINS IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS OF THE COOPERATIVE PROVIDE FOR NINE MEMBERS TO MAKE UP ITS BOARD OF TRUSTEES REPRESENTING A CROSS-SECTION OF ITS MEMBERSHIP. EACH OF THE NINE DISTRICTS ARE REPRESENTED BY A MEMBER-ELECTED TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED FOR ACCURACY BY THE CHIEF EXECUTIVE OFFICER, THEN PRESENTED TO THE BOARD OF TRUSTEES FOR APPROVAL BEFORE BEING EXECUTED AND FILED EACH YEAR. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE IS REQUIRED TO CERTIFY ANNUALLY THAT THEY HAVE NO CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS VIA CONTRACT NEGOTIATION. FORM 990, PART VI, SECTION C, LINE 19 ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT THE MEMBERSHIP MEETING. (ANNUAL MEETING) FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT FROM TAX UNDER SECTION 501(C)(12) SHOULD REPORT PATRONAGE DIVIDENDS PAID TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE AMOUNT REPORTED ON PART IX, LINE 4 OF THE FORM 990 REPRESENTS THE PORTION OF THE NET MARGINS ASSIGNED TO MEMBERS FOR THE YEAR. FORM 990, PART XI, LINE 9: ASSIGNMENT OF MARGINS 1,319,284. CAPITAL CREDIT GAINS 160,940. RETIREMENT OF CAPITAL CREDITS -1,446,362. CHANGE IN MEMBERSHIPS 2,325. FORM 990, PART XII, LINE 2C WEST FLORIDA ELECTRIC COOPERATIVE ASSOCIATION, INC. DID NOT CHANGE ITS PROCESSES OF OVERSIGHT AND SELECTION FOR THE YEAR.