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Filing year 2024

SWISHER ELECTRIC COOPERATIVE INC

Tulia, Texas·EIN 75-0594971·501(c)(12)
Total revenue
$23.5M
Total assets
$75M
Total expenses
$23.5M
Reported officers
12
Mission

TO SUPPLY THE PRESENT AND FUTURE ELECTRICAL SERVICE NEEDS TO ITS MEMBERS IN AN EFFICIENT AND ECONOMICAL MANNER AND TO HAVE A SOUND FINANCIAL BASE IN ORDER TO PROVIDE THE HIGHEST RELIABILITY OF SERVICE WITH INTEGRITY, INNOVATION, ACCOUNTABILITY AND COMMITMENT TO COMMUNITY THEREBY ENHANCING THE QUALITY OF LIFE FOR ALL OUR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

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

General Manager
75th to 90th percentile
$363k
$385k
Base
$166k
Bonus
$16k
Other
$65k
Benefits
$40k
Director of Ops & Interim Gm
Director (Operational)
75th to 90th percentile
$194k
$206k
Base
$105k
Bonus
$3k
Other
$2k
Benefits
$34k
Director of Finance
75th to 90th percentile
$177k
$188k
Base
$126k
Bonus
$598
Other
$378
Benefits
$32k
Mgr of Engineering Svcs
Highest Compensated Employee
25th percentile to median
$155k
$165k
Base
$95k
Bonus
$5k
Other
$2k
Benefits
$28k
Foreman
Highest Compensated Employee
25th percentile to median
$146k
$155k
Director
Board Member
Median to 75th percentile
$30k
$32k
President
10th to 25th percentile
$30k
$31k
Director
Board Member
Median to 75th percentile
$30k
$31k
Asst. Secretary/treasure
Officer (Unspecified)
$30k
$31k
Vice President
25th percentile to median
$30k
$31k
Director
Board Member
25th percentile to median
$16k
$17k
Secretary/treasurer
Officer (Unspecified)
$15k
$16k

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 17%
from 2023

From $311k in 2023 to $363k in 2024.

$311k
2023
$363k
2024
In today's dollarsEst.
Up 14% in real terms$339k to $385k

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

General Manager pay rose 17% from 2023 to 2024, while revenue fell 21%.

$311k in 2023 to $363k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay fell 32% 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

SWISHER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$29.7M
$29.1M
2023
$23.5M
$23.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SWISHER ELECTRIC COOPERATIVE INC

What does the General Manager of SWISHER ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of SWISHER ELECTRIC COOPERATIVE INC received $362,943 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at SWISHER ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at SWISHER ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

What are SWISHER ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, SWISHER ELECTRIC COOPERATIVE INC reported $23.5M in total revenue and $23.5M in total expenses on its IRS Form 990.

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