Skip to main content
Filing year 2024

WOODRUFF ELECTRIC COOPERATIVE CORP

Forrest City, Arkansas·EIN 71-0195390·501(c)(12)
Total revenue
$57.2M
Total assets
$247.2M
Total expenses
$57.2M
Reported officers
17
Mission

TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

President/ce
Above 90th percentile
$426k
$452k
Base
$284k
Bonus
Other
Benefits
Vp-engineeri
Key Employee
Median to 75th percentile
$251k
$266k
Base
$166k
Bonus
Other
Benefits
VP - Operati
Board Vice President
75th to 90th percentile
$234k
$248k
Base
$148k
Bonus
Other
Benefits
Vp-informati
Highest Compensated Employee
Median to 75th percentile
$231k
$245k
Base
$152k
Bonus
Other
Benefits
VP - Corpora
Board Vice President
Median to 75th percentile
$200k
$212k
Base
$123k
Bonus
Other
Benefits
District Man
Highest Compensated Employee
Median to 75th percentile
$199k
$212k
Base
$123k
Bonus
Other
Benefits
VP of Human
Board Vice President
Median to 75th percentile
$197k
$209k
Base
$130k
Bonus
Other
Benefits
Director
Board Member
Median to 75th percentile
$35k
$37k
Director
Board Member
Median to 75th percentile
$32k
$34k
Director
Former Officer/director/trustee
10th to 25th percentile
$31k
$33k
Base
$31k
Bonus
Other
Benefits
Director
Former Officer/director/trustee
10th to 25th percentile
$31k
$32k
Base
$31k
Bonus
Other
Benefits
Director
Board Member
Median to 75th percentile
$27k
$28k
Director
Board Member
Median to 75th percentile
$26k
$27k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Former Officer/director/trustee
10th to 25th percentile
$11k
$12k
Base
$11k
Bonus
Other
Benefits
Director
Board Member
25th percentile to median
$10k
$11k

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 8%
from 2023

From $394k in 2023 to $426k in 2024.

$394k
2023
$426k
2024
In today's dollarsEst.
Up 5% in real terms$430k to $452k

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

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 7%.

$394k in 2023 to $426k in 2024.
  • Key Employee pay fell 8% from 2023 to 2024.
  • Board Vice President 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

WOODRUFF ELECTRIC COOPERATIVE CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$53.6M
$53.8M
2023
$57.2M
$57.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WOODRUFF ELECTRIC COOPERATIVE CORP

What does the Chief Executive Officer of WOODRUFF ELECTRIC COOPERATIVE CORP earn?

In 2024, the Chief Executive Officer of WOODRUFF ELECTRIC COOPERATIVE CORP received $426,198 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WOODRUFF ELECTRIC COOPERATIVE CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WOODRUFF ELECTRIC COOPERATIVE CORP falls in the top 10%.

What are WOODRUFF ELECTRIC COOPERATIVE CORP's revenue and expenses?

In 2024, WOODRUFF ELECTRIC COOPERATIVE CORP reported $57.2M in total revenue and $57.2M 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.