Nonprofit · EIN 59-0538145
GLADES ELECTRIC COOPERATIVE INC
Tax-exempt · MOORE HAVEN, FL 33471
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $71,958,906 | $70,687,255 | $1,271,651 | $288,029,877 | $207,779,177 | $80,250,700 |
| December 31, 2024 | 990 | $61,755,285 | $61,755,285 | $0 | $261,855,861 | $191,111,940 | $70,743,921 |
| December 31, 2023 | 990 | $58,797,465 | $56,458,965 | $2,338,500 | $207,301,724 | $143,304,832 | $63,996,892 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,271,651
- of which government grants
- $1,271,651
- Program service revenue
- $66,563,364
- Investment income
- $815,268
- Net rental income
- $3,120,601
- Net gain from sales of assets
- $685,939
- Other revenue
- $3,308,623
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $9,576,205
- Compensation of officers, directors and key employees
- $2,145,592
- Other salaries and wages
- $937,877
- Salaries, compensation and benefits (total)
- $3,083,469
- Professional fundraising fees
- $0
- Depreciation
- $5,691,714
Balance sheet and other
- Total assets, start of year
- $261,855,861
- Total assets, end of year
- $288,029,877
- Total liabilities, end of year
- $207,779,177
- Net assets, end of year
- $80,250,700
- Land, buildings and equipment
- $230,968,642
- Gross receipts
- $71,958,906
- Employees
- 93
- Year formed
- 1945
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeffery R Brewington | CEO Former | 60 | $450,634 | $156,680 |
| Michael Roberge | CEO Officer | 56 | $259,759 | $91,047 |
| Jennifer Manning | Chief Financial Officer Officer | 50 | $165,158 | $82,235 |
| Jesse Wallace | Chief Technology Officer Officer | 50 | $197,910 | $40,888 |
| James Morrissey | Director of Power Supply Highest-paid employee | 50 | $169,707 | $56,170 |
| Jennifer Koukos | Chief Communication Officer Officer | 48 | $152,207 | $50,832 |
| Robert Hall | Director of Engineering Highest-paid employee | 50 | $150,999 | $39,451 |
| Kenneth Tripp | Director of Operations Highest-paid employee | 49 | $137,494 | $40,316 |
| Jacob Whidden | Lead Linemen Highest-paid employee | 49 | $144,538 | $32,703 |
| Courtney Brown | Chief Personnel Officer Officer | 45 | $146,710 | $30,163 |
| Horacio Pardo | Lead Lineman Highest-paid employee | 49 | $137,343 | $29,156 |
| T Renee Bass | CAO Officer | 48 | $122,124 | $40,495 |
| Lee Henderson | Trustee Trustee or director | 17 | $24,000 | $0 |
| Barney Goodman | Trustee Trustee or director | 18 | $22,500 | $0 |
| Vicki Pontius | Trustee Trustee or director | 9 | $17,250 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shannon Hall | Trustee Trustee or director | 8 | $16,500 |
| Brad Oxer | Trustee Trustee or director | 8 | $16,500 |
| Michael Pressley | Trustee Trustee or director | 10 | $16,000 |
| Fred Tagtmeier | Trustee Trustee or director | 7 | $15,750 |
| Roy Lundy | Trustee Trustee or director | 10 | $15,250 |
| Angela Hodges | Trustee Trustee or director | 7 | $15,000 |
990 for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeffery R Brewington | CEO Officer | 60 | $450,428 | $130,618 |
| Michael Roberge | Chief Operating Officer Officer | 50 | $223,369 | $74,154 |
| Jennifer Manning | Chief Financial Officer Officer | 50 | $160,261 | $68,306 |
| Jesse Wallace | Chief Technology Officer Officer | 50 | $185,143 | $34,350 |
| Jacob Whidden | Lead Linemen Highest-paid employee | 55 | $162,716 | $26,600 |
| Horacio Pardo | Lead Lineman Highest-paid employee | 56 | $158,241 | $25,015 |
| Jennifer Koukos | Chief Communication Officer Officer | 48 | $129,487 | $38,995 |
| Courtney Brown | Chief Personnel Officer Officer | 50 | $136,202 | $25,139 |
| Cory Gallimore | Lead Lineman Highest-paid employee | 51 | $134,117 | $20,328 |
| David Rice | Lead Lineman Highest-paid employee | 50 | $129,789 | $24,631 |
| Jacob Jones | Journeyman Linemen Highest-paid employee | 51 | $135,691 | $7,163 |
| T Renee Bass | CAO Officer | 48 | $83,524 | $24,813 |
| Lee Henderson | Trustee Trustee or director | 12 | $19,750 | $0 |
| Barney Goodman | Trustee Trustee or director | 10 | $17,250 | $0 |
| Shannon Hall | Trustee Trustee or director | 5 | $15,500 | $0 |
| Michael Pressley | Trustee Trustee or director | 8 | $14,750 | $0 |
| Fred Tagtmeier | Trustee Trustee or director | 5 | $14,250 | $0 |
| Brad Oxer | Trustee Trustee or director | 4 | $14,000 | $0 |
| Roy Lundy | Trustee Trustee or director | 8 | $13,750 | $0 |
| Angela Hodges | Trustee Trustee or director | 6 | $13,000 | $0 |
| John Coxe | Trustee Trustee or director | 8 | $8,500 | $0 |
| Vicki Pontius | Trustee Trustee or director | 9 | $5,337 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeffery R Brewington | CEO Officer | 60 | $434,397 | $193,883 |
| Jennifer Manning | Chief Financial Officer Officer | 50 | $149,402 | $69,964 |
| Jesse Wallace | Chief Technology Officer Officer | 50 | $165,468 | $29,004 |
| James Morrissey | Power Supply Man Highest-paid employee | 50 | $130,030 | $45,982 |
| Michael Roberge | Chief Operating Officer Officer | 50 | $123,366 | $50,318 |
| Jennifer Koukos | Chief Communication Officer Officer | 48 | $126,097 | $33,623 |
| Horacio Pardo | Journeyman Lineman Highest-paid employee | 52 | $140,064 | $18,070 |
| Wyatt Larsen | Journey Linemen Highest-paid employee | 52 | $134,610 | $23,358 |
| James Nipper | Lead Lineman Highest-paid employee | 49 | $126,485 | $30,436 |
| Courtney Brown | Chief Personnel Officer Officer | 50 | $132,577 | $23,367 |
| Jacob Jones | Journey Linemen Highest-paid employee | 51 | $120,530 | $4,737 |
| Lee Henderson | TrusteeVice President Trustee or director | 15.01 | $20,150 | $0 |
| John Coxe | TrusteePresident Trustee or director, Officer | 10.4 | $19,400 | $0 |
| Barney Goodman | Trustee Trustee or director | 8.7 | $17,150 | $0 |
| Fred Tagtmeier | Trustee Trustee or director | 7.2 | $16,441 | $0 |
| Shannon Hall | TrusteeSecTreasurer Trustee or director, Officer | 5.7 | $16,300 | $0 |
| Brad Oxer | Trustee Trustee or director, Officer | 5.2 | $14,489 | $0 |
| Angela Hodges | Trustee Trustee or director | 5.3 | $14,300 | $0 |
| Michael Pressley | Trustee Trustee or director | 6.9 | $14,300 | $0 |
| Donnie Lundy | Trustee Trustee or director | 6.3 | $11,950 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 519, MOORE HAVEN, FL 33471-0519
- In care of
- % JENNIFER MANNING
- Principal officer (990 for 2025)
- Michael Roberge, PO Box 519, Moore Haven, FL 33471
- Signed the 990
- JENNIFER MANNING, CFO
- Phone
- (863) 946-6200
- Website
- WWW.GLADESELECTRIC.COM
- Return prepared by
- Kelso Lynch PC PA
Mission
To provide reliable energy and related services to our members at the lowest cost.
Program accomplishments
- UTILIZING 2,696 MILES OF ELECTRIC DISTRIBUTION AND TRANSMISSION LINES, GLADES ELECTRIC COOPERATIVE, INC. PROVIDED ELECTRICITY TO APPROXIMATELY 18,729 RESIDENTIAL, COMMERCIAL AND INDUSTRIAL ACCOUNTS LOCATED IN SOUTH FLORIDA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0538145
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1949
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $288,029,877
- Income (IRS master file)
- $71,958,906
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $71,958,906 | $70,687,255 | $288,029,877 | XML |
| 990 | December 2024 | $61,755,285 | $61,755,285 | $261,855,861 | XML |
| 990 | December 2023 | $58,797,465 | $56,458,965 | $207,301,724 | XML |
| 990 | December 2022 | $56,574,732 | $56,375,982 | $177,853,000 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0538145).
Questions about GLADES ELECTRIC COOPERATIVE INC
- What is the EIN of GLADES ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of GLADES ELECTRIC COOPERATIVE INC is 59-0538145.
- Is GLADES ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1949.
- Are donations to GLADES ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GLADES ELECTRIC COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GLADES ELECTRIC COOPERATIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLADES ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GLADES ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 names Michael Roberge.
- Who are the officers and directors of GLADES ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 21 people; 21 received compensation from the organization, the highest $450,634 (Jeffery R Brewington, CEO).
- How much revenue does GLADES ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $71,958,906, expenses of $70,687,255 and total assets of $288,029,877 at year end.
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