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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 2024. Filed on November 7, 2025.

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 2024 IRS Form 990 filing, Southwest Rural Electric Association Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 34 total employees. Among the employees shown here, the average compensation is $196,295. The highest compensated employee at Southwest Rural Electric Association Inc. is Jeff Simpson with fiscal year 2024 compensation of $365,387.

Revenue, expenses, and employee compensation

Revenue

$22,742,729

Expenses

$22,742,729

Employee compensation

$1,573,800
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeff Simpson
Chief Executive Officer
$365,387
$249,598 No related comp$115,789
Barry Holt
MGR of MBR R
$235,796
$122,952 No related comp$112,844
Mike Wolfe
MGR of Opera
$215,201
$136,079 No related comp$79,122
Karen Rivet
Manager of F
$178,512
$117,781 No related comp$60,731
James Stephens
Lineman
$172,464
$106,732 No related comp$65,732
Austin Huff
Construction
$153,669
$115,060 No related comp$38,609
Ronnie Swan
President
$53,033
$53,033 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dan Lambert
Trustee
$47,646
$47,646 No related compNo other comp
Don Ellis
Trustee
$33,685
$33,685 No related compNo other comp
Dan Elsener
Vice President
$31,993
$31,993 No related compNo other comp
Don Proctor
Secretary
$31,402
$31,402 No related compNo other comp
Carl Brockriede
Trustee
$28,157
$28,157 No related compNo other comp
Dan White
Trustee
$26,855
$26,855 No related compNo other comp

Contractors

Custom Energy Services
Construction
$402,420
Techserv Consulting & Training Ltd.
Pole Inspection
$249,317

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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