NonprofitsWoodruff Electric Cooperative Corporation

Woodruff Electric Cooperative Corporation

FORREST CITY, AR

Total revenue

$57.2M

Total expenses

$57.2M

Net assets

$100.7M

Grants received

EIN

710195390

Tax year

2024

Mission

To make electric energy available to its members at the lowest cost consistent with sound economy and good management.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$56.2M
Investment income$800K
Other revenue$179K
Total revenue$57.2M

Expenses

Grants paid
Salaries & benefits$6.6M
Fundraising
Other expenses$44.9M
Total expenses$57.2M
Total assets$247.2M
Net assets$100.7M

People

17 listed

NameRoleCompensation

MICHAEL L SWAN

PRESIDENT/CE

Board

$284K

50 hrs/wk

JERRY BROWN

DIRECTOR

Board

$35K

7.08 hrs/wk

CHARLES C BURROW III

DIRECTOR

Board

$32K

7.39 hrs/wk

SHELIA BANKS

DIRECTOR

Board

$27K

7.08 hrs/wk

JOE WHITTENTON III

DIRECTOR

Board

$26K

4.47 hrs/wk

BRENT PONDER

DIRECTOR

Board

$17K

6.62 hrs/wk

KEITH FREELAND

DIRECTOR

Board

$15K

6.18 hrs/wk

BILL RUSHING

DIRECTOR

Board

$10K

4.93 hrs/wk

JIMMY R COOK

VP-ENGINEERI

Staff

$166K

50 hrs/wk

GLENN M KELLEY

VP-INFORMATI

Staff

$152K

50 hrs/wk

RODNEY KELSO

VP - OPERATI

Staff

$148K

50 hrs/wk

NORMA HAWKINS

VP OF HUMAN

Staff

$130K

50 hrs/wk

EDWARD MILTON

DISTRICT MAN

Staff

$123K

50 hrs/wk

KEVIN SCOTT

VP - CORPORA

Staff

$123K

50 hrs/wk

AB THOMPSON JR

DIRECTOR

Staff

$31K

W WAYNE BEADLES

DIRECTOR

Staff

$31K

JIMMY N BICKERSTAFF

DIRECTOR

Staff

$11K

Details

EIN710195390
Subsection12
Ruling date1938-01
Formed1937
Employees81
WOODRUFF ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo