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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 Wise Electric Cooperative Inc.

Wise Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 18, 2025.

PO Box 269
Decatur, Texas 76234

Wise Electric Cooperative Inc. (EIN: 75-0665517) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Wise Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 75 total employees. Among the employees shown here, the average compensation is $243,295. The highest compensated employee at Wise Electric Cooperative Inc. is Rayce Cantwell with fiscal year 2024 compensation of $383,957.

Revenue, expenses, and employee compensation

Revenue

$98,357,880

Expenses

$98,106,960

Employee compensation

$6,041,379
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rayce Cantwell
General Manager
$383,957
$264,853 No related comp$119,104
Kelly Myers
Assistant General Manager
$300,430
$228,434 No related comp$71,996
Chris Walsh
Operations Eng/Whs Manager
$279,787
$171,016 No related comp$108,771
Russell King
Line Superintendent
$253,751
$176,847 No related comp$76,904
Anna Wallace
Information Technology Manager
$236,700
$178,529 No related comp$58,171
Bryan Shriver
Member Services Manager
$202,022
$151,814 No related comp$50,208
Christopher Martinez
RISK and Compliance Manager
$186,168
$127,352 No related comp$58,816
Doug Long
Line Foreman
$178,140
$114,796 No related comp$63,344
Chuck Peace
Line Foreman
$168,697
$115,655 No related comp$53,042

Benchmark Employee Compensation

Non-Employee Board Members

Bryson Gentry
Director
$49,678
$49,678 No related compNo other comp
Glenn Hughes
Director
$47,843
$47,843 No related compNo other comp
Audie Morris
President
$43,406
$43,406 No related compNo other comp
Bruce Nivens
Director
$43,045
$43,045 No related compNo other comp
Russell Morgan
Director
$42,385
$42,385 No related compNo other comp
Tom Robinson
Vice President
$41,739
$41,739 No related compNo other comp
Allen Heugatter
Secretary and Treasurer
$36,063
$36,063 No related compNo other comp

Contractors

FX5 Construction & Excavation Inc.
Construction
$3,392,734
Northeast Services Dba Horton Tree Servi
Tree Trimming
$2,124,598
Higgs Electric Ltd.
Construction
$745,898
Prince Computing Corporation
IT and Server Maintenance
$401,420
Interconnect Utility Services
Construction
$379,703

Mission Statement

AT WISE ELECTRIC, OUR MISSION IS TO PROVIDE SAFE, RELIABLE, COMPETITIVELY PRICED ELECTRIC AND RELATED SERVICES TO YOU, OUR MEMBERS.

Revisions to this organization profile

November 18, 2025:
2024 Wise Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Wise Electric Cooperative Inc. 990 filed
November 9, 2023:
2022 Wise Electric Cooperative Inc. 990 filed

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