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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 2021. Filed on October 28, 2022.

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 2021 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 71 total employees. Among the employees shown here, the average compensation is $227,186. The highest compensated employee at Wise Electric Cooperative Inc. is Rayce Cantwell with fiscal year 2021 compensation of $363,062.

Revenue, expenses, and employee compensation

Revenue

$65,642,118

Expenses

$65,647,571

Employee compensation

$5,652,323
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rayce Cantwell
General Manager
$363,062
$238,296 No related comp$124,766
Kelly Myers
Assistant General Manager
$300,396
$202,823 No related comp$97,573
Chris Walsh
Operations Eng/Whs Manager
$254,617
$152,623 No related comp$101,994
Russell King
Line Superintendent
$225,720
$158,030 No related comp$67,690
Bill Hood
Member Service Manager
$214,312
$148,858 No related comp$65,454
Anna Wallace
Manager of Information TECH
$210,889
$155,616 No related comp$55,273
Bryan Shriver
Human Resources/Property Manager
$186,401
$119,498 No related comp$66,903
Christopher Martinez
LOSS Control Manager
$163,165
$107,913 No related comp$55,252
Tonya Hale
Accounting Supervisor
$126,116
$109,498 No related comp$16,618

Benchmark Employee Compensation

Non-Employee Board Members

Glenn Hughes
Director
$33,889
$33,889 No related compNo other comp
Audie Morris
President
$33,871
$33,871 No related compNo other comp
Russell Morgan
Director
$33,241
$33,241 No related compNo other comp
Coy Cleveland
Director
$33,056
$33,056 No related compNo other comp
Tom Robinson
Vice President
$32,931
$32,931 No related compNo other comp
Bruce Nivens
Director
$32,336
$32,336 No related compNo other comp
Allen Heugatter
Secretary
$32,333
$32,333 No related compNo other comp

Contractors

FX5
Construction
$4,321,319
Northeast Services Dba Horton Tree Servi
Tree Trimming
$1,894,778
Higgs Electric Ltd.
Construction
$300,344
Vinson & Elkins LLP
Attorney
$166,470
Prince Computing Corp.
Consulting
$162,538

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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