NonprofitsSwisher Electric Cooperative Inc

Swisher Electric Cooperative Inc

TULIA, TX

Total revenue

$23.5M

Total expenses

$23.5M

Net assets

$44.4M

Grants received

EIN

750594971

Tax year

2024

Mission

To provide quality and reliable electric service to members of the cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$23.1M
Investment income$419K
Other revenue$23K
Total revenue$23.5M

Expenses

Grants paid$13K
Salaries & benefits$3.7M
Fundraising
Other expenses$18.3M
Total expenses$23.5M
Total assets$75.0M
Net assets$44.4M

People

12 listed

NameRoleCompensation

DWAIN TIPTON

GENERAL MANAGER

Board

$247K

55 hrs/wk

JASMINE WATSON

DIRECTOR OF FINANCE

Board

$127K

40 hrs/wk

HENRY CRUZ JR

DIRECTOR OF OPS & INTERIM GM

Board

$110K

50 hrs/wk

JEFF HARRELL

DIRECTOR

Board

$30K

2 hrs/wk

DWAIN STRANGE

PRESIDENT

Board

$30K

1.33 hrs/wk

RALPH FROST

DIRECTOR

Board

$30K

2 hrs/wk

MACE MIDDLETON

VICE PRESIDENT

Board

$30K

1.25 hrs/wk

BILLY COGDELL

ASST. SECRETARY/TREASURE

Board

$30K

1 hrs/wk

BRAD SHARP

DIRECTOR

Board

$16K

1.34 hrs/wk

JIMMY BURSON

SECRETARY/TREASURER

Board

$15K

1 hrs/wk

ROBERT STURGESS

FOREMAN

Staff

$103K

60 hrs/wk

MICHAEL MARTIN

MGR OF ENGINEERING SVCS

Staff

$103K

40 hrs/wk

Independent contractors

DAVIS WELDING AND CONSTRUCTION LLC

GENERAL CONTRACTOR FOR NEW BUILDING

$906K

RED DIRT CONSTRUCTION LLC

CONTRACT WORK SUBSTATION MAINTENANCE

$398K

HI RANGE ELECTRIC INC

CONTRACT WORK FOR STORM DAMAGE & POLE RE

$165K

BRANDON & CLARK

TRANSFORMER REPAIR/DISPOSAL

$110K

Details

EIN750594971
Subsection12
Ruling date1942-10
Formed1939
Employees41
Volunteers0
SWISHER ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo