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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Central Rural Electric Cooperative Inc.

Central Rural Electric Cooperative Inc.

Fiscal year ending 2018. Filed on November 12, 2019.

PO Box 1809
Stillwater, Oklahoma 74076

Central Rural Electric Cooperative Inc. (EIN: 73-0177775) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2018 IRS Form 990 filing, Central Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 98 total employees. Among the employees shown here, the average compensation is $189,059. The highest compensated employee at Central Rural Electric Cooperative Inc. is David Swank with fiscal year 2018 compensation of $433,064.

Revenue, expenses, and employee compensation

Revenue

$65,860,038

Expenses

$65,860,038

Employee compensation

$8,161,318
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Swank
CEO (Jan-Dec)
$433,064
$296,979 No related comp$136,085
Hunter Robinson
Interim Chief Executive Officer
$190,934
$103,054 No related comp$87,880
Jeff Rhein
Chief Technology Officer
$176,604
$108,012 No related comp$68,592
Yuvaraj Kondaswamy
System Engineer
$159,369
$113,280 No related comp$46,089
Todd Hiemer
Executive Vice President of Engineering
$156,800
$111,033 No related comp$45,767
Dale Veit
Technology Director
$148,619
$105,649 No related comp$42,970
Craig McBrain
Chief Financial Officer
$148,502
$110,464 No related comp$38,038
Michelle Perzee
Chief Operating Officer
$147,207
$107,079 No related comp$40,128
James Clay
Technology Integration TECH
$140,432
$106,797 No related comp$33,635

Benchmark Employee Compensation

Non-Employee Board Members

Mark Pittman
Trustee
$37,000
$37,000 No related compNo other comp
Stu Preston
Trustee
$32,750
$32,750 No related compNo other comp
Gary McCune
Trustee
$30,000
$30,000 No related compNo other comp
Ray Nettles
Vice President
$30,000
$30,000 No related compNo other comp
Carol Dvorak
Secretary and Treasurer
$28,000
$28,000 No related compNo other comp
Bill Davis
President
$27,000
$27,000 No related compNo other comp
Len Tontz
Trustee
$26,000
$26,000 No related compNo other comp
Clyde Habben
Trustee
$22,500
$22,500 No related compNo other comp

Contractors

Riggs Tree Service Inc.
Tree Clearing
$1,666,311
Arkansas Electric Cooperatives Inc.
Construction Contractor
$1,288,582
Pci Utilities LLC
Construction Contractor
$497,843
Osmose Utilities Services Inc.
Pole Inspection and Restoration
$419,195
Interworks Inc.
Information Technology
$276,912

Mission Statement

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS AT COST ON A COOPERATIVE BASIS.

Revisions to this organization profile

November 18, 2025:
2024 Central Rural Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Central Rural Electric Cooperative Inc. 990 filed
November 4, 2022:
2021 Central Rural Electric Cooperative Inc. 990 filed

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