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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 Indian Electric Cooperative Inc.

Indian Electric Cooperative Inc.

Fiscal year ending 2021. Filed on September 22, 2022.

P O Box 49
Cleveland, Oklahoma 74020

Indian Electric Cooperative Inc. (EIN: 73-0297135) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Indian Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 93 total employees. Among the employees shown here, the average compensation is $180,118. The highest compensated employee at Indian Electric Cooperative Inc. is Todd Schroeder with fiscal year 2021 compensation of $256,840.

Revenue, expenses, and employee compensation

Revenue

$54,156,203

Expenses

$54,156,203

Employee compensation

$1,425,245
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Schroeder
General Manager
$256,840
$198,600 No related comp$58,240
David Wilson
MGR of Offic
$179,484
$129,581 No related comp$49,903
Kenneth Morgan
Line Foreman
$174,295
$121,908 No related comp$52,387
Don Lawrence
MGR of CORP
$167,951
$120,169 No related comp$47,782
Kimberly Lay
MGR Finance
$163,568
$106,321 No related comp$57,247
Robert Peterson
Line Foreman
$162,303
$109,916 No related comp$52,387
John Pollard
MGR of Engin
$156,385
$110,401 No related comp$45,984

Benchmark Employee Compensation

Non-Employee Board Members

Jim Hadlock
President
$39,900
$39,900 No related compNo other comp
Greg Fielding
Trustee
$33,700
$33,700 No related compNo other comp
Rick van Deventer
Assistant Secretary
$26,200
$26,200 No related compNo other comp
Mike Spradling
Vice President
$24,008
$24,008 No related compNo other comp
Berry Keeler
Secretary and Treasurer
$13,982
$13,982 No related compNo other comp
Robert Burk
President/Re
$12,429
$12,429 No related compNo other comp
Gary McBride
Trustee
$7,600
$7,600 No related compNo other comp
Ralph Jerome
Trustee
$6,600
$6,600 No related compNo other comp

Contractors

Davis H Elliott Corporation
Elec Distr Srvc
$1,471,941
Hardin Tree Inc.
Right of Way
$281,425
Resource Asset Management Solutions
Pole Inspection
$108,014

Mission Statement

TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

Revisions to this organization profile

November 13, 2025:
2024 Indian Electric Cooperative Inc. 990 filed
October 14, 2024:
2023 Indian Electric Cooperative Inc. 990 filed
October 2, 2023:
2022 Indian Electric Cooperative Inc. 990 filed

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