Skip to main content
Filing year 2024

WOOD COUNTY ELECTRIC COOPERATIVE

Quitman, Texas·EIN 75-0667075·501(c)(12)
Total revenue
$90.4M
Total assets
$236.9M
Total expenses
$90.4M
Reported officers
15
Mission

As stated in the by-laws of the cooperative our aim is "to make electric energy and/or other services as allowed by applicable state and federal law available to its members at the lowest costs consistent with sound cooperative business principles."

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.

General Manager/ceo
Key Employee
Above 90th percentile
$445k
$472k
Base
$242k
Bonus
$5k
Other
$2k
Benefits
$26k
Chief Operating Officer
75th to 90th percentile
$288k
$306k
Base
$167k
Bonus
$1k
Other
$2k
Benefits
$24k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$215k
$228k
Base
$124k
Bonus
$2k
Other
$674
Benefits
$26k
Director of Human Resources
Highest Compensated Employee
Median to 75th percentile
$194k
$206k
Base
$113k
Bonus
$2k
Other
$3k
Benefits
$26k
Director of Accounting
Director (Operational)
75th to 90th percentile
$186k
$197k
Base
$112k
Bonus
$2k
Other
$612
Benefits
$26k
Construction Foreman
Highest Compensated Employee
Median to 75th percentile
$176k
$187k
Base
$114k
Bonus
$2k
Other
$636
Benefits
$25k
Serviceman
Highest Compensated Employee
Median to 75th percentile
$171k
$182k
Base
$119k
Bonus
$2k
Other
$446
Benefits
$26k
Serviceman
Highest Compensated Employee
25th percentile to median
$160k
$169k
Base
$112k
Bonus
$2k
Other
$433
Benefits
$26k
Secretary/treasurer
Board Treasurer
75th to 90th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$34k
$36k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
President
Board President
25th percentile to median
$15k
$16k
Vice President
Board Vice President
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$12k
$13k

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 12%
from 2023

From $397k in 2023 to $445k in 2024.

$397k
2023
$445k
2024
In today's dollarsEst.
Up 9% in real terms$434k to $472k

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

Key Employee pay rose 12% from 2023 to 2024, while revenue fell 4%.

$397k in 2023 to $445k in 2024.
  • Chief Operating Officer pay fell 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 5% 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

WOOD COUNTY ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$94.5M
$94.5M
2023
$90.4M
$90.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WOOD COUNTY ELECTRIC COOPERATIVE

What does the Key Employee of WOOD COUNTY ELECTRIC COOPERATIVE earn?

In 2024, the Key Employee of WOOD COUNTY ELECTRIC COOPERATIVE received $445,195 in total compensation. This pay is in the top 10% for Key Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at WOOD COUNTY ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at WOOD COUNTY ELECTRIC COOPERATIVE falls in the top 10%.

What are WOOD COUNTY ELECTRIC COOPERATIVE's revenue and expenses?

In 2024, WOOD COUNTY ELECTRIC COOPERATIVE reported $90.4M in total revenue and $90.4M 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.