Skip to main content
Filing year 2024

SWISHER ELECTRIC COOPERATIVE INC

Tulia, Texas·EIN 75-0594971·12
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 · Schedule J · 12 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$363k
$385k
Base
$166k
Bonus
$16k
Other
$65k
Benefits
$40k
Director of Ops & Interim Gm
director (operational)
$194k
$206k
Base
$105k
Bonus
$3k
Other
$2k
Benefits
$34k
Director of Finance
$177k
$188k
Base
$126k
Bonus
$598
Other
$378
Benefits
$32k
Mgr of Engineering Svcs
highest compensated employee
$155k
$165k
Base
$95k
Bonus
$5k
Other
$2k
Benefits
$28k
Foreman
highest compensated employee
$146k
$155k
Director
board member
$30k
$32k
$30k
$31k
Director
board member
$30k
$31k
Asst. Secretary/treasure
officer (unspecified)
$30k
$31k
Vice President
vice president
$30k
$31k
Director
board member
$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.

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.
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.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.