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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 Concordia Electric Cooperative Inc.

Concordia Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 98
Suite 325
Jonesville, Louisiana 71343

Concordia Electric Cooperative Inc. (EIN: 72-0158715) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Concordia Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 73 total employees. Among the employees shown here, the average compensation is $108,440. The highest compensated employee at Concordia Electric Cooperative Inc. is Stanley Dewayne Bailey with fiscal year 2024 compensation of $139,021.

Revenue, expenses, and employee compensation

Revenue

$28,029,004

Expenses

$29,942,281

Employee compensation

-$1,861
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stanley Dewayne Bailey
General Manager and CEO
$139,021
$138,846 No related comp$175
Craig McCully
Staking and Safety
$108,878
$107,858 No related comp$1,020
Jacques Lossin
Service Lineman
$107,180
$106,855 No related comp$325
Gerald Huffman
Operational Superintendent
$100,844
$100,844 No related compNo other comp
Billy Davis
Interim General Manager and CEO
$86,277
$86,277 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bobby Creel
Director
$23,421
$23,421 No related compNo other comp
Don Hamilton
Vice President
$14,875
$14,875 No related compNo other comp
Brenda Higdon
Secretary
$11,829
$11,829 No related compNo other comp
David Wade
President
$10,020
$10,020 No related compNo other comp
David Cole
Director
$6,975
$6,975 No related compNo other comp
Kenneth Ford
Director
$6,475
$6,475 No related compNo other comp
Tracy Mae
Director
$6,475
$6,475 No related compNo other comp
William Cockerham
Treasurer
$6,475
$6,475 No related compNo other comp
Christopher Freeman
Director
$6,475
$6,475 No related compNo other comp

Contractors

Raven Electric
Meter Readers
$407,190
Daymark Energy Advisors
Consultant
$187,404

Mission Statement

Sale of electricity to consumers in rural areas.

Revisions to this organization profile

November 17, 2025:
2024 Concordia Electric Cooperative Inc. 990 filed
November 14, 2024:
2023 Concordia Electric Cooperative Inc. 990 filed
November 14, 2023:
2022 Concordia Electric Cooperative Inc. 990 filed

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