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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 2022. Filed on October 4, 2023.

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 2022 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 37 total employees. Among the employees shown here, the average compensation is $242,499. The highest compensated employee at Southwest Rural Electric Association Inc. is Jeff Simpson with fiscal year 2022 compensation of $328,883.

Revenue, expenses, and employee compensation

Revenue

$23,965,887

Expenses

$23,965,887

Employee compensation

$1,262,764
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeff Simpson
Chief Executive Officer
$328,883
$194,143 No related comp$134,740
Barry Holt
MGR of MBR R
$225,038
$107,520 No related comp$117,518
Mike Wolfe
MGR of Opera
$224,759
$125,652 No related comp$99,107
Robert Reid
MGR of IT and
$191,316
$113,352 No related comp$77,964

Benchmark Employee Compensation

Non-Employee Board Members

Dan Lambert
Trustee
$39,596
$39,596 No related compNo other comp
Don Proctor
Secretary
$33,719
$33,719 No related compNo other comp
Don Ellis
Trustee
$28,129
$28,129 No related compNo other comp
Dan White
Trustee
$26,901
$26,901 No related compNo other comp
Carl Brockriede
Trustee
$24,164
$24,164 No related compNo other comp
Dan Elsener
Vice President
$23,187
$23,187 No related compNo other comp
Ronnie Swan
President
$16,008
$16,008 No related compNo other comp

Contractors

5E Powerline LLC
Storm Repairs
$1,145,704

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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