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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 Woodruff Electric Cooperative Corp.

Woodruff Electric Cooperative Corp.

Fiscal year ending 2024. Filed on October 24, 2025.

PO Box 1619
Forrest City, Arkansas 72335

Woodruff Electric Cooperative Corp. (EIN: 71-0195390) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Woodruff Electric Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 81 total employees. Among the employees shown here, the average compensation is $181,029. The highest compensated employee at Woodruff Electric Cooperative Corp. is Michael L Swan with fiscal year 2024 compensation of $426,198.

Revenue, expenses, and employee compensation

Revenue

$57,191,741

Expenses

$57,191,741

Employee compensation

$6,611,171
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael L Swan
President and Chief Executive Officer
$426,198
$284,359 No related comp$141,839
Jimmy R Cook
Vice President, Engineering
$250,876
$165,910 No related comp$84,966
Rodney Kelso
Vice President, Operations
$234,085
$147,715 No related comp$86,370
Glenn M Kelley
Vice President, Information
$230,537
$152,347 No related comp$78,190
Kevin Scott
Vice President - Corpora
$199,504
$123,251 No related comp$76,253
Edward Milton
District Manager
$199,471
$123,263 No related comp$76,208
Norma Hawkins
Vice President, Human Resources
$197,199
$130,317 No related comp$66,882
Ab Thompson Jr
Director
$30,669
$30,669 No related compNo other comp
W Wayne Beadles
Director
$30,564
$30,564 No related compNo other comp
Jimmy N Bickerstaff
Director
$11,182
$11,182 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jerry Brown
Director
$34,723
$34,723 No related compNo other comp
Charles C Burrow III
Director
$32,212
$32,212 No related compNo other comp
Shelia Banks
Director
$26,822
$26,822 No related compNo other comp
Joe Whittenton III
Director
$25,802
$25,802 No related compNo other comp
Brent Ponder
Director
$16,612
$16,612 No related compNo other comp
Keith Freeland
Director
$15,494
$15,494 No related compNo other comp
Bill Rushing
Director
$10,239
$10,239 No related compNo other comp

Mission Statement

TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Revisions to this organization profile

October 24, 2025:
2024 Woodruff Electric Cooperative Corp. 990 filed
November 6, 2024:
2023 Woodruff Electric Cooperative Corp. 990 filed
October 31, 2023:
2022 Woodruff Electric Cooperative Corp. 990 filed

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