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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 2023. Filed on November 15, 2024.

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 2023 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 $232,206. The highest compensated employee at Wise Electric Cooperative Inc. is Rayce Cantwell with fiscal year 2023 compensation of $362,748.

Revenue, expenses, and employee compensation

Revenue

$104,424,415

Expenses

$103,675,003

Employee compensation

$5,907,956
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rayce Cantwell
General Manager
$362,748
$253,076 No related comp$109,672
Chris Walsh
Operations Eng/Whs Manager
$266,322
$162,949 No related comp$103,373
Kelly Myers
Assistant General Manager
$260,289
$216,478 No related comp$43,811
Russell King
Line Superintendent
$235,945
$170,213 No related comp$65,732
Anna Wallace
Information Technology Manager
$217,523
$167,101 No related comp$50,422
Bill Hood
Member Service Manager
$214,957
$169,505 No related comp$45,452
Bryan Shriver
Human Resources/Property M
$191,205
$133,853 No related comp$57,352
Christopher Martinez
LOSS Control Manager
$170,614
$115,685 No related comp$54,929
Chuck Peace
Line Foreman
$170,248
$116,661 No related comp$53,587

Benchmark Employee Compensation

Non-Employee Board Members

Glenn Hughes
Director
$49,698
$49,698 No related compNo other comp
Bruce Nivens
Director
$45,178
$45,178 No related compNo other comp
Bryson Gentry
Director
$42,770
$42,770 No related compNo other comp
Tom Robinson
Vice President
$40,355
$40,355 No related compNo other comp
Audie Morris
President
$39,064
$39,064 No related compNo other comp
Allen Heugatter
Secretary and Treasurer
$35,780
$35,780 No related compNo other comp
Russell Morgan
Director
$35,632
$35,632 No related compNo other comp

Contractors

FX5 Construction & Excavation Inc.
Construction
$3,494,201
Northeast Services Dba Horton Tree Servi
Tree Trimming
$1,960,061
Higgs Electric Ltd.
Construction
$658,498
Schneider (Senergy)
Engineering/Power Consultants
$110,345
Milsoft Utility Solutions
Software
$106,820

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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