Compensation 990

First Electric Cooperative Corporation

Fiscal year ending 2024. Filed on November 18, 2025.

1000 S Jp Wright Loop Road
Jacksonville, Arkansas 72076

First Electric Cooperative Corporation (EIN: 71-0056715) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, First Electric Cooperative Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 312 total employees. Among the employees shown here, the average compensation is $319,065. The highest compensated employee at First Electric Cooperative Corporation is Mark Snowden with fiscal year 2024 compensation of $620,895.

Revenue, expenses, and employee compensation

Revenue

$270,275,280

Expenses

$273,516,735

Employee compensation

$30,032,603
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋57.0%vs 2023
Mark Snowden
Chief Executive Officer
$620,895
$534,001 from orgNo related comp$86,894 other
＋5.9%vs 2023
Randy Everett
CBO
$423,899
$257,201 from orgNo related comp$166,698 other
＋4.7%vs 2023
Daniel Riedel
Vice President, Engineering
$371,912
$253,654 from orgNo related comp$118,258 other
＋5.6%vs 2023
Jerry Driskill
Vice President, Operations
$352,009
$243,645 from orgNo related comp$108,364 other
New in 2024
Melissa Felty
Chief Financial Officer
$330,120
$268,789 from orgNo related comp$61,331 other
＋9.6%vs 2023
Ashley Garringer
Chief Operating Officer
$323,923
$258,473 from orgNo related comp$65,450 other
＋18.4%vs 2023
Tonya Sexton
Vice President, Marketing
$285,313
$233,875 from orgNo related comp$51,438 other
New in 2024
Theodore Deweese
Serviceman
$271,820
$198,795 from orgNo related comp$73,025 other
＋1.2%vs 2023
Lloyd Scifres
Field Services Coordinator
$228,245
$161,568 from orgNo related comp$66,677 other
＋5.5%vs 2023
David Jones
Field Engineer Supervisor
$222,957
$168,868 from orgNo related comp$54,089 other
＋3.5%vs 2023
John Hawkins
Crew Chief
$207,475
$162,486 from orgNo related comp$44,989 other
New in 2024
Nicholas Pflasterer
Serviceman
$190,217
$159,934 from orgNo related comp$30,283 other

Non-Employee Board Members

＋99.9%vs 2023
Brock Brewer
Director
$42,544
$42,544 from orgNo related compNo other comp
－0.1%vs 2023
David Luebke
Director
$42,544
$42,544 from orgNo related compNo other comp
－2.8%vs 2023
Rick Love
Director
$42,544
$42,544 from orgNo related compNo other comp
－0.0%vs 2023
Larry Wood
Director
$42,245
$42,245 from orgNo related compNo other comp
＋3.0%vs 2023
Tracy Hudspeth
Chair
$40,144
$40,144 from orgNo related compNo other comp
－0.1%vs 2023
John Roland
Director
$38,944
$38,944 from orgNo related compNo other comp
－0.1%vs 2023
Todd Prothro
Vice Chair
$37,744
$37,744 from orgNo related compNo other comp
－0.1%vs 2023
Karissa Rushing
Secretary and Treasurer
$36,544
$36,544 from orgNo related compNo other comp
－2.6%vs 2023
Robert Maertens
Director
$19,261
$19,261 from orgNo related compNo other comp

Mission Statement

TO PROVIDE QUALITY, RELIABLE AND AFFORDABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Revisions to this organization profile

November 18, 2025:
2024 First Electric Cooperative Corporation 990 filed
November 16, 2024:
2023 First Electric Cooperative Corporation 990 filed
November 16, 2023:
2022 First Electric Cooperative Corporation 990 filed

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