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Filing year 2024

WISE ELECTRIC COOPERATIVE INC

Decatur, Texas·EIN 75-0665517·501(c)(12)
Total revenue
$98.4M
Total assets
$193.3M
Total expenses
$98.1M
Reported officers
16
Mission

AT WISE ELECTRIC, OUR MISSION IS TO PROVIDE SAFE, RELIABLE, COMPETITIVELY PRICED ELECTRIC AND RELATED SERVICES TO YOU, OUR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 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
Above 90th percentile
$384k
$399k
Base
$210k
Bonus
$23k
Other
$33k
Benefits
$27k
Assistant General Manager
General Manager
75th to 90th percentile
$300k
$312k
Base
$177k
Bonus
$22k
Other
$29k
Benefits
$28k
Operations Eng/whs Manager
Operations Manager
Above 90th percentile
$280k
$291k
Base
$136k
Bonus
$17k
Other
$18k
Benefits
$33k
Line Superintendent
Key Employee
Median to 75th percentile
$254k
$264k
Base
$136k
Bonus
$17k
Other
$23k
Benefits
$15k
Manager of IT
IT Manager
Above 90th percentile
$237k
$246k
Base
$130k
Bonus
$17k
Other
$32k
Benefits
$4k
Member Services Manager
Key Employee
Median to 75th percentile
$202k
$210k
Base
$116k
Bonus
$15k
Other
$21k
Benefits
$14k
Risk & Compliance Manager
Highest Compensated Employee
Median to 75th percentile
$186k
$194k
Base
$99k
Bonus
$9k
Other
$19k
Benefits
$35k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$178k
$185k
Base
$88k
Bonus
$10k
Other
$16k
Benefits
$23k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$169k
$175k
Base
$93k
Bonus
$13k
Other
$9k
Benefits
$14k
Director
Board Member
Median to 75th percentile
$50k
$52k
Director
Board Member
Median to 75th percentile
$48k
$50k
President
25th percentile to median
$43k
$45k
Director
Board Member
Median to 75th percentile
$43k
$45k
Director
Board Member
Median to 75th percentile
$42k
$44k
Vice President
Median to 75th percentile
$42k
$43k
Secretary/treasurer
Officer (Unspecified)
$36k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 6%
from 2023

From $363k in 2023 to $384k in 2024.

$363k
2023
$384k
2024
In today's dollarsEst.
Up 2% in real terms$392k to $399k

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, 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 6% from 2023 to 2024, while revenue fell 6%.

$363k in 2023 to $384k in 2024.
  • Operations Manager pay rose 5% 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

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

RevenueExpenses
$104.4M
$103.7M
2023
$98.4M
$98.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WISE ELECTRIC COOPERATIVE INC

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

In 2024, the General Manager of WISE ELECTRIC COOPERATIVE INC received $383,957 in total compensation. This pay is in the top 10% for General Manager roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does General Manager pay at WISE 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 WISE ELECTRIC COOPERATIVE INC falls in the top 10%.

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

In 2024, WISE ELECTRIC COOPERATIVE INC reported $98.4M in total revenue and $98.1M in total expenses on its IRS Form 990.

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