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Filing year 2024

SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP

Texarkana, Texas·EIN 71-0166791·12
Total revenue
$91M
Total assets
$379.8M
Total expenses
$89.9M
Reported officers
20
Mission

TO PROVIDE FIRST CLASS ELECTRIC SERVICE TO THE MEMBERSHIP AT A VALUED PRICE AND TO PROVIDE OTHER SERVICES THAT ADD VALUE TO THE ORGANIZATION

Executive compensation, broken down

Form 990 · Schedule J · 20 reported individuals · Filing year 2024

$316k
$335k
Base
$216k
Bonus
Other
$18k
Benefits
$24k
VP - Operations
vice president
$285k
$302k
Base
$151k
Bonus
Other
$15k
Benefits
$25k
VP - Engineering
vice president
$250k
$265k
Base
$171k
Bonus
Other
$3k
Benefits
$26k
Director - Engineering
key employee
$237k
$252k
Base
$135k
Bonus
Other
$18k
Benefits
$25k
Serviceman
highest compensated employee
$212k
$225k
Base
$149k
Bonus
Other
$6k
Benefits
$24k
Lineman
highest compensated employee
$178k
$189k
Base
$146k
Bonus
Other
$102
Benefits
$23k
Foreman
highest compensated employee
$178k
$188k
Base
$139k
Bonus
Other
$196
Benefits
$25k
Serviceman
highest compensated employee
$174k
$185k
Base
$131k
Bonus
Other
$4k
Benefits
$24k
Lineman
highest compensated employee
$167k
$177k
Base
$145k
Bonus
Other
$36
Benefits
$12k
Vp/cfo
officer (unspecified)
$103k
$110k
Vp/cfo
officer (unspecified)
$101k
$107k
Chairman
board chair
$43k
$45k
Vice Chairman
board vice chair
$41k
$44k
Secretary/treasurer
officer (unspecified)
$41k
$43k
Director
board member
$40k
$42k
Director
board member
$36k
$38k
Director
board member
$35k
$37k
Director
board member
$32k
$34k
Director
board member
$29k
$31k
Director
board member
$26k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 13%
from 2023

From $278k in 2023 to $316k in 2024.

$278k
2023
$316k
2024
In today's dollarsEst.
Up 10% in real terms$304k to $335k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$57.9M
$79M
2023
$91M
$89.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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