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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 Rural Electric Cooperative Inc.

Rural Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

PO Box 609
Lindsay, Oklahoma 73052

Rural Electric Cooperative Inc. (EIN: 73-0431276) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 59 total employees. Among the employees shown here, the average compensation is $237,415. The highest compensated employee at Rural Electric Cooperative Inc. is Freddy Ricks with fiscal year 2024 compensation of $334,178.

Revenue, expenses, and employee compensation

Revenue

$59,327,039

Expenses

$59,157,167

Employee compensation

$5,671,384
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Freddy Ricks
Chief Executive Officer
$334,178
$252,996 No related comp$81,182
Linda Ray
Chief Financial Officer
$322,094
$204,309 No related comp$117,785
David Crull
LINE Supervisor
$244,235
$123,801 No related comp$120,434
Shane Mays
Operations Manager
$213,097
$130,143 No related comp$82,954
Dennis Horstman
Meter TECH
$192,995
$128,585 No related comp$64,410
Benjamin Pigg
Lineman
$187,305
$148,536 No related comp$38,769
Brandon McCaskill
Lineman
$168,002
$129,927 No related comp$38,075

Benchmark Employee Compensation

Non-Employee Board Members

Scott Christian
Vice President
$45,822
$45,822 No related compNo other comp
Brent Bacon
Secretary and Treasurer
$44,595
$44,595 No related compNo other comp
Gary Jones
President
$43,266
$43,266 No related compNo other comp
Johnny Harrel
Director
$30,091
$30,091 No related compNo other comp
Randall Griswold
Director
$26,725
$26,725 No related compNo other comp
Mark Finch
Director
$24,920
$24,920 No related compNo other comp
Emmett Harrison
Director
$23,668
$23,668 No related compNo other comp
Larry Anderson
Director
$22,064
$22,064 No related compNo other comp
Terri Hays
Director
$21,999
$21,999 No related compNo other comp

Contractors

The Davey Tree Surgery Company
Right of Way Clearing
$1,852,373
Varnell's Powerline Construction CO IN
Construction Contractor
$599,475
Apex Row LLC
Herbicide Sprayer
$207,471
Osmose Utilities Services Inc.
Pole Inspection and Treatment
$202,490
Imperium Utility Services
Contract Labor
$105,309

Mission Statement

TO PROVIDE ELECTRIC POWER TO MEMBERS AT COST ON A COOPERATIVE BASIS.

Revisions to this organization profile

November 13, 2025:
2024 Rural Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Rural Electric Cooperative Inc. 990 filed
October 5, 2023:
2022 Rural Electric Cooperative Inc. 990 filed

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Warren Rural Electric Cooperative Corporation
Bowling Green, Kentucky
National Rural Electric Cooperative Association
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Pennyrile Rural Electric Cooperative Corporation
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South Kentucky Rural Electric Cooperative Corporation
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Upshur-Rural Electric Cooperative Corporation
Gilmer, Texas
West Kentucky Rural Electric Cooperative Corporation
Mayfield, Kentucky