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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 2023. Filed on November 6, 2024.

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 2023 IRS Form 990 filing, Woodruff Electric Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 80 total employees. Among the employees shown here, the average compensation is $239,163. The highest compensated employee at Woodruff Electric Cooperative Corp. is Michael L Swan with fiscal year 2023 compensation of $393,977.

Revenue, expenses, and employee compensation

Revenue

$53,595,538

Expenses

$53,754,933

Employee compensation

$6,478,090
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael L Swan
President and Chief Executive Officer
$393,977
$264,966 No related comp$129,011
Ronald L Cockmon
Vp-Office SE
$272,921
$174,640 No related comp$98,281
Jimmy R Cook
Vice President, Engineering
$238,592
$157,941 No related comp$80,651
Glenn M Kelley
Vice President, Information
$226,861
$142,650 No related comp$84,211
Rodney Kelso
Vice President, Operations
$223,097
$140,573 No related comp$82,524
Edward Milton
District Manager
$190,274
$117,324 No related comp$72,950
Norma Hawkins
Vice President, Human Resources
$184,040
$121,898 No related comp$62,142
Kevin Scott
Vice President - Corpora
$183,543
$112,946 No related comp$70,597

Benchmark Employee Compensation

Non-Employee Board Members

Ab Thompson Jr
Director
$34,179
$34,179 No related compNo other comp
Jerry Brown
Director
$32,738
$32,738 No related compNo other comp
Charles C Burrow III
Director
$30,726
$30,726 No related compNo other comp
Joe Whittenton III
Director
$29,325
$29,325 No related compNo other comp
Shelia Banks
Director
$27,344
$27,344 No related compNo other comp
W Wayne Beadles
Director
$25,179
$25,179 No related compNo other comp
Jimmy N Bickerstaff
Director
$24,179
$24,179 No related compNo other comp
Brent Ponder
Director
$17,762
$17,762 No related compNo other comp
Bill Rushing
Director
$5,762
$5,762 No related compNo other comp

Contractors

Stuart C Irby Inc.
Fiber Project
$8,998,975
D & H Contracting Inc.
Fiber Construction
$8,666,541
West Tree Service Inc.
Row Maintenance
$1,452,291
Aeci Construction Services
Substation Work
$553,698
MS TN Transformers Inc.
Transformer Rep
$511,795

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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