Skip to main content
Filing year 2024

SOUTHWEST ELECTRIC COOPERATIVE

Bolivar, Missouri·EIN 44-0441450·501(c)(12)
Total revenue
$81.7M
Total assets
$206.2M
Total expenses
$75.3M
Reported officers
15
Mission

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.

Ceo/general Manager
Officer (Unspecified)
$446k
$480k
Base
$339k
Bonus
Other
Benefits
$17k
Chief Engineer
Highest Compensated Employee
75th to 90th percentile
$245k
$264k
Base
$180k
Bonus
Other
Benefits
$17k
Manager, Finance and Acc
Finance Manager
Above 90th percentile
$230k
$247k
Base
$163k
Bonus
Other
Benefits
$22k
Operations Manager
75th to 90th percentile
$220k
$237k
Base
$156k
Bonus
Other
Benefits
$22k
Journeyman
Highest Compensated Employee
Median to 75th percentile
$196k
$211k
Base
$146k
Bonus
Other
Benefits
$22k
Journeyman
Highest Compensated Employee
Median to 75th percentile
$191k
$205k
Base
$146k
Bonus
Other
Benefits
$17k
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.

$409k
2023
$446k
2024
In today's dollarsEst.
Up 6% in real terms$452k to $480k

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.

Pay for the position

Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue rose 12%.

$236k in 2023 to $245k in 2024.
  • 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.

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

Revenue and expenses over time

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

RevenueExpenses
$73M
$69.3M
2023
$81.7M
$75.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

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.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.