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Filing year 2024

SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP

Texarkana, Texas·EIN 71-0166791·501(c)(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 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$316k
$335k
Base
$216k
Bonus
Other
$18k
Benefits
$24k
VP - Operations
Vice President
Above 90th percentile
$285k
$302k
Base
$151k
Bonus
Other
$15k
Benefits
$25k
VP - Engineering
Vice President
Above 90th percentile
$250k
$265k
Base
$171k
Bonus
Other
$3k
Benefits
$26k
Director - Engineering
Key Employee
Median to 75th percentile
$237k
$252k
Base
$135k
Bonus
Other
$18k
Benefits
$25k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$212k
$225k
Base
$149k
Bonus
Other
$6k
Benefits
$24k
Lineman
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$146k
Bonus
Other
$102
Benefits
$23k
Foreman
Highest Compensated Employee
Median to 75th percentile
$178k
$188k
Base
$139k
Bonus
Other
$196
Benefits
$25k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$174k
$185k
Base
$131k
Bonus
Other
$4k
Benefits
$24k
Lineman
Highest Compensated Employee
Median to 75th percentile
$167k
$177k
Base
$145k
Bonus
Other
$36
Benefits
$12k
Vp/cfo
Officer (Unspecified)
$103k
$110k
Vp/cfo
Officer (Unspecified)
$101k
$107k
Chairman
Board Chair
Median to 75th percentile
$43k
$45k
Vice Chairman
Board Vice Chair
Median to 75th percentile
$41k
$44k
Secretary/treasurer
Officer (Unspecified)
$41k
$43k
Director
Board Member
Median to 75th percentile
$40k
$42k
Director
Board Member
Median to 75th percentile
$36k
$38k
Director
Board Member
Median to 75th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$32k
$34k
Director
Board Member
Median to 75th percentile
$29k
$31k
Director
Board Member
Median to 75th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 57%.

$278k in 2023 to $316k in 2024.
  • Vice President pay rose 23% from 2023 to 2024.
  • Key Employee pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP

What does the Chief Executive Officer of SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP earn?

In 2024, the Chief Executive Officer of SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP received $315,639 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP falls in the top 10%.

What are SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP's revenue and expenses?

In 2024, SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP reported $91M in total revenue and $89.9M in total expenses on its IRS Form 990.

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