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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 2016. Filed on November 15, 2017.

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 2016 IRS Form 990 filing, Wise Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 79 total employees. Among the employees shown here, the average compensation is $221,115. The highest compensated employee at Wise Electric Cooperative Inc. is Dennis Lee with fiscal year 2016 compensation of $342,717.

Revenue, expenses, and employee compensation

Revenue

$57,762,733

Expenses

$57,337,333

Employee compensation

$5,024,737
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dennis Lee
Human Resources Manager
$342,717
$255,861 No related comp$86,856
Mark Wilson
Purchasing Agent
$280,886
$225,755 No related comp$55,131
Rayce Cantwell
General Manager
$237,587
$181,960 No related comp$55,627
Kelly Myers
Assistant General Manager
$221,716
$160,046 No related comp$61,670
Russell King
Line Superintendent
$169,827
$130,854 No related comp$38,973
Anna Wallace
Computer Operation-Manager
$158,223
$130,832 No related comp$27,391
Shirley Donley
IT Coordinator
$136,850
$130,160 No related comp$6,690

Benchmark Employee Compensation

Non-Employee Board Members

Glenn Hughes
Vice President
$43,131
$43,131 No related compNo other comp
Bruce Nivens
Director
$39,334
$39,334 No related compNo other comp
Russell Morgan
President
$35,176
$35,176 No related compNo other comp
Audie Morris
Secretary and Treasurer
$34,898
$34,898 No related compNo other comp
Tom Robinson
Director
$32,067
$32,067 No related compNo other comp
Allen Heugatter
Director
$28,422
$28,422 No related compNo other comp
Coy Cleveland
Director
$27,323
$27,323 No related compNo other comp

Contractors

Wise Pole Line Inc.
Line Construction
$1,401,391
Horton Tree Service
Line Construction
$1,359,686
Bird Electric Construction
Line Construction
$1,080,667
FX5 Construction & Excavation
Line Construction
$957,920
Quality Pole Inspection & Maint
Line Construction
$280,915

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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