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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 Harmon Electric Association Inc.

Harmon Electric Association Inc.

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

114 N First
Hollis, Oklahoma 73550

Harmon Electric Association Inc. (EIN: 73-0274135) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Harmon Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 27 total employees. Among the employees shown here, the average compensation is $215,882. The highest compensated employee at Harmon Electric Association Inc. is Aaron Paxton with fiscal year 2024 compensation of $259,388.

Revenue, expenses, and employee compensation

Revenue

$12,383,574

Expenses

$12,362,235

Employee compensation

$1,995,160
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Aaron Paxton
General Manager
$259,388
$201,310 No related comp$58,078
Tommy Caswell
Foreman
$229,144
$131,443 No related comp$97,701
Lisa A Richard
Manager Admin and Finance
$227,521
$127,752 No related comp$99,769
Monty Worthen
Operations Director
$222,861
$141,984 No related comp$80,877
Douglas Bynum
Purchase Manager
$184,104
$112,355 No related comp$71,749
Alexander Velasquez
Construction Foreman
$172,272
$123,486 No related comp$48,786

Benchmark Employee Compensation

Non-Employee Board Members

James Reeves
Secretary and Treasurer
$9,300
$9,300 No related compNo other comp
James Conley
Assistant Secretary and Treasurer
$6,800
$6,800 No related compNo other comp
Kathleen Faughn
Trustee (Jan-Aug)
$6,800
$6,800 No related compNo other comp
Jean Pence
Trustee
$5,500
$5,500 No related compNo other comp
Burk Bullington
President
$3,100
$3,100 No related compNo other comp
Lee Sparkman
Vice President
$2,700
$2,700 No related compNo other comp
Braden Cunningham
Trustee
$2,100
$2,100 No related compNo other comp

Contractors

R&R Powerline Inc.
Construction
$348,828

Mission Statement

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

Revisions to this organization profile

November 18, 2025:
2024 Harmon Electric Association Inc. 990 filed
November 15, 2024:
2023 Harmon Electric Association Inc. 990 filed
November 15, 2023:
2022 Harmon Electric Association Inc. 990 filed

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