Compensation 990

First Electric Cooperative Corporation

Fiscal year ending 2018. Filed on November 1, 2019.

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 2018 IRS Form 990 filing, First Electric Cooperative Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 13 out of 242 total employees. Among the employees shown here, the average compensation is $239,552. The highest compensated employee at First Electric Cooperative Corporation is Don Crabbe with fiscal year 2018 compensation of $889,575.

Revenue, expenses, and employee compensation

Revenue

$202,342,608

Expenses

$202,342,608

Employee compensation

$22,230,819
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.9%vs 2017
Don Crabbe
President and Chief Executive Officer
$889,575
$667,886 from orgNo related comp$221,689 other
＋12.5%vs 2017
Jerry Driskill
Vice President, Operations
$280,355
$173,605 from orgNo related comp$106,750 other
－10.6%vs 2017
Karen Southerland
District Manager
$276,254
$149,126 from orgNo related comp$127,128 other
＋16.7%vs 2017
Daniel Riedel
Vice President, Engineering
$266,360
$177,597 from orgNo related comp$88,763 other
＋9.4%vs 2017
James Branscum
District Manager
$212,211
$134,495 from orgNo related comp$77,716 other
New in 2018
Ashley Garringer
Vice President, Administration
$211,350
$160,609 from orgNo related comp$50,741 other
New in 2018
Randy Everett
Vice President, Operations
$210,658
$146,111 from orgNo related comp$64,547 other
New in 2018
Melissa Wood
Chief Financial Officer
$191,162
$159,921 from orgNo related comp$31,241 other
＋4.6%vs 2017
Theodore Deweese Jr
Serviceman
$187,539
$139,257 from orgNo related comp$48,282 other
＋6.9%vs 2017
Tonya Sexton
Vice President, Marketing
$175,068
$152,675 from orgNo related comp$22,393 other
－72.1%vs 2017
Bruce Andrews
CFO (JAN - MAR)
$111,008
$99,161 from orgNo related comp$11,847 other
－82.4%vs 2017
Brad Ford
COO (Jan)
$51,407
$42,456 from orgNo related comp$8,951 other

Non-Employee Board Members

＋15.0%vs 2017
Karissa Rushing
Director
$43,931
$41,531 from orgNo related comp$2,400 other
＋10.8%vs 2017
Robert Maertens
Secretary and Treasurer
$43,320
$32,320 from orgNo related comp$11,000 other
－7.2%vs 2017
David Luebke
Director
$43,031
$43,031 from orgNo related compNo other comp
－3.3%vs 2017
Tracy Hudspeth
Vice Chair
$41,667
$41,667 from orgNo related compNo other comp
－5.7%vs 2017
Robert Hill
Director
$40,903
$40,903 from orgNo related compNo other comp
New in 2018
Todd Prothro
Director
$40,452
$40,452 from orgNo related compNo other comp
＋6.5%vs 2017
Rick Love
Chair
$39,773
$39,773 from orgNo related compNo other comp
－9.1%vs 2017
Tom Hasty Jr
Director
$38,598
$38,598 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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