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Filing year 2024

WISE ELECTRIC COOPERATIVE INC

Decatur, Texas·EIN 75-0665517·12
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 · Schedule J · 16 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$384k
$399k
Base
$210k
Bonus
$23k
Other
$33k
Benefits
$27k
Assistant General Manager
officer (unspecified)
$300k
$312k
Base
$177k
Bonus
$22k
Other
$29k
Benefits
$28k
Operations Eng/whs Manager
highest compensated employee
$280k
$291k
Base
$136k
Bonus
$17k
Other
$18k
Benefits
$33k
Line Superintendent
key employee
$254k
$264k
Base
$136k
Bonus
$17k
Other
$23k
Benefits
$15k
Manager of IT
highest compensated employee
$237k
$246k
Base
$130k
Bonus
$17k
Other
$32k
Benefits
$4k
Member Services Manager
key employee
$202k
$210k
Base
$116k
Bonus
$15k
Other
$21k
Benefits
$14k
Risk & Compliance Manager
highest compensated employee
$186k
$194k
Base
$99k
Bonus
$9k
Other
$19k
Benefits
$35k
Line Foreman
highest compensated employee
$178k
$185k
Base
$88k
Bonus
$10k
Other
$16k
Benefits
$23k
Line Foreman
highest compensated employee
$169k
$175k
Base
$93k
Bonus
$13k
Other
$9k
Benefits
$14k
Director
board member
$50k
$52k
Director
board member
$48k
$50k
$43k
$45k
Director
board member
$43k
$45k
Director
board member
$42k
$44k
Vice President
vice president
$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.

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.
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