First Electric Cooperative Corporation
Jacksonville, AR · EIN 71-0056715 · Rank 2,386 by total revenue
To provide quality, reliable and affordable electric service to members of the cooperative.
Money, Form 990 for tax year 2024
- Total revenue
- $270,275,280
- Total expenses
- $273,516,735
- Total assets
- $842,440,929
- Salary base (all salaries and wages)
- $21,200,152
- Salaries, other pay and benefits
- $30,032,603
- Employees
- 312
- Salary base per employee
- $67,949
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Mark Snowden | CEO | Officer | 45 | $620,895 |
| Randy Everett | CBO | Officer | 45 | $423,899 |
| Melissa Felty | CFO | Officer | 45 | $330,120 |
| Ashley Garringer | COO | Officer | 45 | $323,923 |
| Tracy Hudspeth | CHAIRMAN | Board, Officer | 7.3 | $40,144 |
| Todd Prothro | VICE CHAIRMAN | Board, Officer | 9.5 | $37,744 |
| Karissa Rushing | SECRETARY/TREASURER | Board, Officer | 8.1 | $36,544 |
| Daniel Riedel | VP - ENGINEERING | Key employee | 45 | $371,912 |
| Jerry Driskill | VP - OPERATIONS | Key employee | 45 | $352,009 |
| Tonya Sexton | VP - MARKETING | Key employee | 45 | $285,313 |
| Brock Brewer | DIRECTOR | Board | 7.2 | $42,544 |
| David Luebke | DIRECTOR | Board | 6 | $42,544 |
| Rick Love | DIRECTOR | Board | 9.7 | $42,544 |
| Larry Wood | DIRECTOR | Board | 6.4 | $42,245 |
| John Roland | DIRECTOR | Board | 5.9 | $38,944 |
| Robert Maertens | DIRECTOR | Board | 5.9 | $19,261 |
Top 10 paid people listed
These 10 people received $3,431,093, which is 16.2% of the $21,200,152 salary base shared by 312 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Mark Snowden | CEO | Officer | 45 | $534,001 | $0 | $86,894 | $620,895 |
| Randy Everett | CBO | Officer | 45 | $257,201 | $0 | $166,698 | $423,899 |
| Daniel Riedel | VP - ENGINEERING | Key employee | 45 | $253,654 | $0 | $118,258 | $371,912 |
| Jerry Driskill | VP - OPERATIONS | Key employee | 45 | $243,645 | $0 | $108,364 | $352,009 |
| Melissa Felty | CFO | Officer | 45 | $268,789 | $0 | $61,331 | $330,120 |
| Ashley Garringer | COO | Officer | 45 | $258,473 | $0 | $65,450 | $323,923 |
| Tonya Sexton | VP - MARKETING | Key employee | 45 | $233,875 | $0 | $51,438 | $285,313 |
| Theodore Deweese | SERVICEMAN | Highly paid employee | 64 | $198,795 | $0 | $73,025 | $271,820 |
| Lloyd Scifres | FIELD SERVICES COORDINATOR | Highly paid employee | 53 | $161,568 | $0 | $66,677 | $228,245 |
| David Jones | FIELD ENGINEER SUPERVISOR | Highly paid employee | 40 | $168,868 | $0 | $54,089 | $222,957 |
Sources
- IRS e-file return 202533229349301313 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 71-0056715
- Organization website (as filed): www.firstelectric.coop