NonprofitsWise Electric Cooperative Incorporated

Wise Electric Cooperative Incorporated

DECATUR, TX

Total revenue

$98.4M

Total expenses

$98.1M

Net assets

$90.7M

Grants received

EIN

750665517

Tax year

2024

Mission

To provide electric service to members at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$98.0M
Investment income$173K
Other revenue$201K
Total revenue$98.4M

Expenses

Grants paid$30K
Salaries & benefits$6.0M
Fundraising
Other expenses$87.3M
Total expenses$98.1M
Total assets$193.3M
Net assets$90.7M

People

16 listed

NameRoleCompensation

RAYCE CANTWELL

GENERAL MANAGER

Board

$265K

50 hrs/wk

KELLY MYERS

ASSISTANT GENERAL MANAGER

Board

$228K

45 hrs/wk

BRYSON GENTRY

DIRECTOR

Board

$50K

5 hrs/wk

GLENN HUGHES

DIRECTOR

Board

$48K

4.5 hrs/wk

AUDIE MORRIS

PRESIDENT

Board

$43K

8.1 hrs/wk

BRUCE NIVENS

DIRECTOR

Board

$43K

3.9 hrs/wk

RUSSELL MORGAN

DIRECTOR

Board

$42K

3.1 hrs/wk

TOM ROBINSON

VICE PRESIDENT

Board

$42K

4 hrs/wk

ALLEN HEUGATTER

SECRETARY/TREASURER

Board

$36K

3.6 hrs/wk

ANNA WALLACE

MANAGER OF IT

Staff

$179K

60 hrs/wk

RUSSELL KING

LINE SUPERINTENDENT

Staff

$177K

60 hrs/wk

CHRIS WALSH

OPERATIONS ENG/WHS MANAGER

Staff

$171K

40 hrs/wk

BRYAN SHRIVER

MEMBER SERVICES MANAGER

Staff

$152K

40 hrs/wk

CHRISTOPHER MARTINEZ

RISK & COMPLIANCE MANAGER

Staff

$127K

45 hrs/wk

CHUCK PEACE

LINE FOREMAN

Staff

$116K

40 hrs/wk

DOUG LONG

LINE FOREMAN

Staff

$115K

40 hrs/wk

Independent contractors

FX5 CONSTRUCTION & EXCAVATION INC

CONSTRUCTION

$3.4M

NORTHEAST SERVICES DBA HORTON TREE SERVI

TREE TRIMMING

$2.1M

HIGGS ELECTRIC LTD

CONSTRUCTION

$746K

PRINCE COMPUTING CORPORATION

IT & SERVER MAINTENANCE

$401K

INTERCONNECT UTILITY SERVICES

CONSTRUCTION

$380K

Details

EIN750665517
Subsection12
Ruling date1940-10
Formed1938
Employees75
Volunteers0
WISE ELECTRIC COOPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo