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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 2022. Filed on October 31, 2023.

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 2022 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 $187,479. The highest compensated employee at Woodruff Electric Cooperative Corp. is Michael L Swan with fiscal year 2022 compensation of $348,370.

Revenue, expenses, and employee compensation

Revenue

$59,033,506

Expenses

$59,033,506

Employee compensation

$6,229,190
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael L Swan
President and Chief Executive Officer
$348,370
$233,000 No related comp$115,370
Ronald L Cockmon
Vp-Office SE
$247,035
$157,481 No related comp$89,554
Jimmy R Cook
Vice President, Engineering
$221,876
$146,478 No related comp$75,398
Glenn M Kelley
Vice President, Information
$211,616
$133,293 No related comp$78,323
Rodney Kelso
Vice President, Operations
$206,270
$129,583 No related comp$76,687
Edward Milton
District Manager
$166,589
$102,202 No related comp$64,387
Kevin Scott
Vice President - Corpora
$163,649
$100,370 No related comp$63,279
Norma Hawkins
Vice President, Human Resources
$159,984
$104,224 No related comp$55,760
Barry Duncan
District Manager
$135,752
$80,912 No related comp$54,840
Jack Caperton III
Director
$13,652
$13,652 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ab Thompson Jr
Director
$31,530
$31,530 No related compNo other comp
Jerry Brown
Director
$30,590
$30,590 No related compNo other comp
Charles C Burrow III
Director
$27,677
$27,677 No related compNo other comp
Joe Whittenton III
Director
$22,778
$22,778 No related compNo other comp
W Wayne Beadles
Director
$22,630
$22,630 No related compNo other comp
Jimmy N Bickerstaff
Director
$21,830
$21,830 No related compNo other comp
Shelia Banks
Director
$15,073
$15,073 No related compNo other comp
Brent Ponder
Director
$11,700
$11,700 No related compNo other comp
Bill Rushing
Director
$4,800
$4,800 No related compNo other comp

Contractors

Stuart C Irby Inc.
Fiber Project
$5,999,556
D & H Contracting Inc.
Fiber Construction
$2,135,344
West Tree Service Inc.
Row Maintenance
$1,231,879
MS TN Transformers Inc.
Transformer Rep
$286,528
Aeci Row Department
Row Maintenance
$228,195

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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