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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 2019. Filed on November 12, 2020.

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 2019 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 74 total employees. Among the employees shown here, the average compensation is $177,333. The highest compensated employee at Wise Electric Cooperative Inc. is Rayce Cantwell with fiscal year 2019 compensation of $295,348.

Revenue, expenses, and employee compensation

Revenue

$66,973,312

Expenses

$66,769,155

Employee compensation

$5,064,799
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rayce Cantwell
General Manager
$295,348
$217,842 No related comp$77,506
Kelly Myers
Assistant General Manager
$259,764
$187,179 No related comp$72,585
Chris Walsh
Operations - Eng/Whs Manager
$211,712
$141,597 No related comp$70,115
Bill Hood
Member Service Manager
$197,646
$138,312 No related comp$59,334
Russell King
LINE Luperintendent
$196,175
$147,243 No related comp$48,932
Anna Wallace
Computer Operations Manager
$181,317
$146,817 No related comp$34,500
Bryan Shriver
Human Resources Manager
$147,933
$107,646 No related comp$40,287
Glenn Hughes
President
$55,871
$55,871 No related compNo other comp
Audie Morris
Vice President
$50,227
$50,227 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Nivens
Secretary
$47,178
$47,178 No related compNo other comp
Tom Robinson
Director
$46,857
$46,857 No related compNo other comp
Russell Morgan
Director
$44,640
$44,640 No related compNo other comp
Coy Cleveland
Director
$37,988
$37,988 No related compNo other comp
Allen Heugatter
Director
$36,988
$36,988 No related compNo other comp

Contractors

FX5
Contruction
$3,265,683
Northeast Services Dba Horton Tree Servi
Tree Trimming
$2,003,748
Quality Pole Inspection & Maint
Pole Inspection
$418,314
Prince Consulting
Consulting
$101,061

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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