2026-07-15T14:57:17-06:00 2025-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2025-01-01 590538145 Glades Electric Cooperative Inc % Jennifer Manning GLAD 8639466200 PO Box 519 Moore Haven FL 33471 JENNIFER MANNING CFO 8639466200 2026-07-15 true GEORGE LYNCH P00187596 9138311150 2026-07-15 2025 2025-03-06 01:10:19Z Michael Roberge PO Box 519 Moore Haven FL 33471 71958906 false X WWW.GLADESELECTRIC.COM X 1945 FL To provide reliable energy and related services to our members at the lowest cost. 9 9 93 0 0 1271651 59216649 66563364 107497 815268 2431139 3308623 61755285 71958906 0 6721667 9576205 2725167 3083469 0 0 52308451 58027581 61755285 70687255 1271651 261855861 288029877 191111940 207779177 70743921 80250700 To provide reliable energy and related services to our members at the lowest cost. false false 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. false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 38 0 true 93 true false false false false false 67250268 3508373 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X Jennifer Manning 8639466200 PO Box 519 Moore Haven FL 33471 Jeffery R Brewington CEO 60.00 0.00 X 450634 0 156680 Michael Roberge CEO 56.00 0.00 X 259759 0 91047 Jennifer Manning Chief Financial Officer 50.00 0.00 X 165158 0 82235 Jesse Wallace Chief Technology Officer 50.00 0.00 X 197910 0 40888 James Morrissey Director of Power Supply 50.00 0.00 X 169707 0 56170 Jennifer Koukos Chief Communication Officer 48.00 0.00 X 152207 0 50832 Robert Hall Director of Engineering 50.00 0.00 X 150999 0 39451 Kenneth Tripp Director of Operations 49.00 0.00 X 137494 0 40316 Jacob Whidden Lead Linemen 49.00 0.00 X 144538 0 32703 Courtney Brown Chief Personnel Officer 45.00 0.00 X 146710 0 30163 Horacio Pardo Lead Lineman 49.00 0.00 X 137343 0 29156 T Renee Bass CAO 48.00 0.00 X 122124 0 40495 Lee Henderson Trustee 17.00 0.00 X 24000 0 0 Barney Goodman Trustee 18.00 0.00 X 22500 0 0 Vicki Pontius Trustee 9.00 0.00 X 17250 0 0 Shannon Hall Trustee 8.00 0.00 X 16500 0 0 Brad Oxer Trustee 8.00 0.00 X 16500 0 0 Michael Pressley Trustee 10.00 0.00 X 16000 0 0 Fred Tagtmeier Trustee 7.00 0.00 X 15750 0 0 Roy Lundy Trustee 10.00 0.00 X 15250 0 0 Angela Hodges Trustee 7.00 0.00 X 15000 0 0 2393333 0 690136 35 true true false Quanta Infrastructure Solution 7101 College Blvd Suite 1500 Overland Park KS 66210 Contractor 1841364 Conexon LLC 2001 Grand Blvd Suite 700 Kansas City MO 64108 Fiber Contractor 2351942 Pike Electric PO Box 746308 Atlanta GA 30374 Electr Line Contr 5754841 The Davey Tree Expert Company PO Box 709 Kent OH 44240 ROW Trimming 8020228 Benton Technical Services PO Box 168 South Wilmington IL 60474 Fiber Construction 7903501 18 1271651 1271651 Sale of Electricity 221000 63800320 63800320 Other Operating 221000 958736 958736 Capital Credits 221000 1804308 1804308 66563364 129329 129329 3120601 3120601 3120601 3120601 685939 685939 685939 685939 0 Non - Operating 900099 188022 188022 188022 71958906 67437325 0 3249930 X 9576205 2145592 937877 8649162 5691714 Cost of Power 28642001 28642001 Distribution Expense 6965304 6965304 Customer Services 966324 966324 Admin & General 4897235 4897235 2215841 70687255 0 0 0 308464 365683 7570415 24155443 1406606 1571750 4806408 5267584 239685958 8717316 222901946 230968642 5078010 143441 19640571 25700775 261855861 288029877 13248412 7819391 1395752 147661289 175098659 25300500 21052878 4901739 2412497 191111940 207779177 X 70743921 80250700 70743921 80250700 261855861 288029877 X 1271651 8235128 X false true X true true true 2696934 2696934 8683954 2243697 6440257 228305070 6473619 221831451 230968642 Investment in Assoc Organization 19293964 C Subordinated Certificates 628892 C Other Investments 5777919 C 25700775 Customer Deposits 2412497 2412497 X 70687255 70687255 1271651 1271651 71958906 61111050 61111050 9576205 9576205 70687255 Part XI, Line 4b-Other revenue not included on Sch D but on 990 FEMA Grant - Milton $1,271,651 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Margins Assigned to Members $9,576,205 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The Cooperative is exempt from income taxes under Internal Revenue Code Section 501(c)(12). Management has evaluated the Cooperatives tax positions and concluded that the Cooperative has taken no uncertain tax positions that require adjustment to the financial statements.While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penalties assessed by taxing authorities in income tax expense, with few exceptions, are no longer subject to federal, state, or local income tax examinations by tax authorities for years before 2022. X X X X false false false JEFFERY R BREWINGTON CEO 450634 98608 58072 607314 JENNIFER MANNING Chief Financial Officer 165158 68031 14204 247393 MICHAEL ROBERGE CEO 259759 74812 16235 350806 JESSE WALLACE Chief Technology Officer 197910 28040 12848 238798 COURTNEY BROWN Chief Personnel Officer 146710 22403 7760 176873 JENNIFER KOUKOS Chief Communication Officer 152207 31257 19575 203039 HORACIO PARDO Lead Lineman 137343 13958 15198 166499 JACOB WHIDDEN Lead Linemen 144538 24914 7789 177241 ROBERT HALL Director of Engineering 150999 19623 19828 190450 JAMES MORRISSEY Director of Power Supply 169707 43671 12499 225877 KENNETH TRIPP Director of Operations 137494 26324 13992 177810 T RENEE BASS CAO 122124 21621 18874 162619 Listed persons compensation information (Part I, line 4) Members or stockholder classes and rights Part VI line 6 ALL PEOPLE OR ENTITIES WHO PURCHASE ENERGY FROM GLADES ELECTRIC COOPERATIVE, INC. ARE MEMBERS OF THE ORGANIZATION. MARGINS ARE ALLOCATED TO MEMBERS ACCOUNTS BASED ON USAGE. EACH MEMBER HAS A SINGLE VOTE REGARDING ELECTION OF THE GOVERNING BODY OF THE COOPERATIVE. Member election for additional members Part VI line 7a THE MEMBERS OF GLADES ELECTRIC COOPERATIVE, INC. MAY ELECT MEMBERS OF THE GOVERNING BODY AT THE ANNUAL MEETING. EACH YEAR, AN ANNUAL MEETING IS HELD AT WHICH THE MEMBERSHIP VOTES TO ELECT THREE TRUSTEES FOR A THREE YEAR TERM. Governing body decisions Part VI line 7b THE MEMBERSHIP MUST APPROVE DECISIONS THAT INVOLVE SUBSTANTIAL TRANSFERS OF COOPERATIVE ASSETS, AMENDMENTS TO THE COOPERATIVES BYLAWS, AS WELL AS OTHER DECISIONS REQUIRING APPROVAL OF THE MEMBERSHIP BY LAW, THE ARTICLES OF INCORPORATION, AND/OR THE COOPERATIVES BYLAWS. Form 990 governing body review Part VI line 11 THE COMPLETED FORM 990 WAS FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER. A COPY OF THE FORM 990 WAS THEN PRESENTED TO THE BOARD OF TRUSTEES AT A BOARD MEETING PRIOR TO FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. ONCE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, THE CEO SIGNED AND TRANSMITTED THE RETURN TO THE INTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c CERTAIN COOPERATIVE POLICIES ARE REVIEWED EACH MONTH. AT ANY BOARD MEETING IN WHICH A CONFLICT MAY ARISE DUE TO BUSINESS TRANSACTIONS, THE APPLICABLE TRUSTEES WILL RECUSE THEMSELVES FROM VOTING ON THE MATTER. CEO executive director top management comp Part VI line 15a THE COMPENSATION OF THE CEO IS DETERMINED ANNUALLY AT THE BOARD OF TRUSTEES DISCRETION UTILIZING AN EXECUTIVE COMPENSATION ANALYSIS PREPARED BY THE INDEPENDENT CONTRACTOR, INTANDEM LLC, WHICH INCORPORATES NRECAS NATIONAL COMPENSATION SYSTEM AND THE ECONOMIC RESEARCH INSTITUTES SALARY ASSESSOR. Other officer or key employee compensation Part VI line 15b FOR OTHER EMPLOYEES OF THE COOPERATIVE, THE CEO UTILIZES A MARKET MODEL COMPENSATION PLAN PREPARED BY INDEPENDENT CONTRACTOR, INTANDEM, LLC. TO MAKE AN OVERALL COMPENSATION ADJUSTMENT RECOMMENDATION TO THE BOARD OF TRUSTEES FOR THEIR APPROVAL WHICH IS ALLOCATED AMONG EMPLOYEES PER THE PLAN. UNION PERSONNEL RECEIVE A CONTRACTED AMOUNT WHICH WAS APPROVED BY THE BOARD OF TRUSTEES. Governing documents etc available to public Part VI line 19 GLADES ELECTRIC COOPERATIVES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE IN MOORE HAVEN, FLORIDA. Explanation of other changes in net assets or fund balances Part XI line 9 Assignement of margins to members $ 9,576,205 Retirement of capital credits $ -69,386 FEMA GRant - Milton $ -1,271,651 Other changes $ -40 Total $ 8,235,128 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4 The instructions to the 2025 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2025. Glades Electric Educational Foundat PO Box 519 Moore Haven FL 33471 651083705 Scholarship FL 501c3 PF N/A true Glades Electric Charitable Trust I PO Box 519 Moore Haven FL 33471 650850177 Help Needy FL 501c3 8 N/A false false false false false false false false false false false false false false false false false false false false