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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 Southwest Rural Electric Association Inc.

Southwest Rural Electric Association Inc.

Fiscal year ending 2021. Filed on November 14, 2022.

P O Box 310
700 N Broadway
Tipton, Oklahoma 73570

Southwest Rural Electric Association Inc. (EIN: 73-0459033) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Southwest Rural Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 31 total employees. Among the employees shown here, the average compensation is $217,248. The highest compensated employee at Southwest Rural Electric Association Inc. is Jeff Simpson with fiscal year 2021 compensation of $299,700.

Revenue, expenses, and employee compensation

Revenue

$20,135,432

Expenses

$20,135,432

Employee compensation

$1,051,480
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeff Simpson
Chief Executive Officer
$299,700
$182,915 No related comp$116,785
Mike Wolfe
MGR of Opera
$215,450
$125,658 No related comp$89,792
Robert Reid
MGR of IT and
$185,368
$109,937 No related comp$75,431
Traci Balderas
Manager of F
$168,474
$114,838 No related comp$53,636

Benchmark Employee Compensation

Non-Employee Board Members

Ronnie Swan
Vice President
$36,334
$36,334 No related compNo other comp
Dan Lambert
Trustee
$30,213
$30,213 No related compNo other comp
Don Proctor
Secretary
$27,510
$27,510 No related compNo other comp
Carl Brockriede
Trustee
$27,086
$27,086 No related compNo other comp
Dan White
Trustee
$21,065
$21,065 No related compNo other comp
Don Ellis
President
$20,526
$20,526 No related compNo other comp
Dan Elsener
Trustee
$19,751
$19,751 No related compNo other comp

Contractors

5E Powerline LLC
Storm Repairs
$447,630
Scott Pole Line LLC
Construction
$380,614

Mission Statement

TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.

Revisions to this organization profile

November 7, 2025:
2024 Southwest Rural Electric Association Inc. 990 filed
September 27, 2024:
2023 Southwest Rural Electric Association Inc. 990 filed
October 4, 2023:
2022 Southwest Rural Electric Association Inc. 990 filed

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