SOUTHWEST ELECTRIC COOPERATIVE CAME INTO EXISTENCE IN OCTOBER OF 1939 AND HAS BEEN PROVIDING ELECTRICAL SERVICE TO RURAL MEMBERS EVER SINCE. SWEC OWNS 5,565 MILES OF LINE AND SERVES JUST OVER 44,698 METERS IN ELEVEN COUNTIES. SWEC HAS THREE DISTRICT OFFICES. ONE OFFICE IS LOCATED PRESTON, MISSOURI AND A SECOND IS LOCATED JUST NORTH OF SPRINGFIELD, MISSOURI. THE THIRD OFFICE IS SITUATED AT THE JUNCTION OF J AND 7 HIGHWAYS IN CAMDEN COUNTY. SOUTHWEST ELECTRIC IS DEDICATED TO PROVIDING ITS MEMBERS WITH THE BEST SERVICE POSSIBLE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $339k
- Bonus
- —
- Other
- —
- Benefits
- $17k
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- $17k
- Base
- $163k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $156k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/general Manager Officer (Unspecified) | $339k | — | — | $17k | $446k $480k |
Chief Engineer Highest Compensated Employee 75th to 90th percentile | $180k | — | — | $17k | $245k $264k |
Manager, Finance and Acc Finance Manager Above 90th percentile | $163k | — | — | $22k | $230k $247k |
Operations Manager 75th to 90th percentile | $156k | — | — | $22k | $220k $237k |
Journeyman Highest Compensated Employee Median to 75th percentile | $146k | — | — | $22k | $196k $211k |
Journeyman Highest Compensated Employee Median to 75th percentile | $146k | — | — | $17k | $191k $205k |
President 10th to 25th percentile | — | — | — | — | $30k $32k |
Director Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Asst. Secretary/treasurer Officer (Unspecified) | — | — | — | — | $26k $28k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Secretary/treasurer Officer (Unspecified) | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director Board Member 25th percentile to median | — | — | — | — | $15k $17k |
Vice President 10th to 25th percentile | — | — | — | — | $5k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 9%
from 2023
From $409k in 2023 to $446k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue rose 12%.
- Finance Manager pay rose 7% from 2023 to 2024.
- Operations Manager 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.
Revenue and expenses over time
SOUTHWEST ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about SOUTHWEST ELECTRIC COOPERATIVE
What does the Highest Compensated Employee of SOUTHWEST ELECTRIC COOPERATIVE earn?
In 2024, the Highest Compensated Employee of SOUTHWEST ELECTRIC COOPERATIVE received $245,252 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at SOUTHWEST ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at SOUTHWEST ELECTRIC COOPERATIVE falls between the 75th and 90th percentiles.
What are SOUTHWEST ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, SOUTHWEST ELECTRIC COOPERATIVE reported $81.7M in total revenue and $75.3M in total expenses on its IRS Form 990.
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