NonprofitsCarroll Electric Cooperative Corporation

Carroll Electric Cooperative Corporation

BERRYVILLE, AR

Total revenue

$285.5M

Total expenses

$284.1M

Net assets

$309.6M

Grants received

EIN

710027635

Tax year

2024

Mission

To serve our members with safe, reliable, and afforadable electricity.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$278.0M
Investment income$6.0M
Other revenue$1.5M
Total revenue$285.5M

Expenses

Grants paid$26K
Salaries & benefits$35.2M
Fundraising
Other expenses$220.9M
Total expenses$284.1M
Total assets$1.0B
Net assets$309.6M

People

16 listed

NameRoleCompensation

ROBERT BOAZ

PRESIDENT/CEO

Board

$715K

55 hrs/wk

CHAD ALLEN

VP FINANCIAL SERVICES

Board

$288K

45 hrs/wk

DAVID GLASS

DIRECTOR

Board

$44K

12 hrs/wk

KRISTY NOBLE-TESCH

DIRECTOR

Board

$43K

5.7 hrs/wk

JOSEPH R SPIVEY

DIRECTOR

Board

$41K

6 hrs/wk

CHARLES R SHINN

DIRECTOR

Board

$39K

6.7 hrs/wk

BOBBY G RAULSTON

DIRECTOR

Board

$39K

5.3 hrs/wk

J NEFF BASORE

DIRECTOR

Board

$36K

8.1 hrs/wk

CARLA HATHORN

VICE CHAIRMAN

Board

$35K

6.5 hrs/wk

ALAN HUNNICUTT

CHAIRMAN

Board

$35K

7.2 hrs/wk

WINFRED PRIER

SECRETARY/TREASURER

Board

$34K

2.2 hrs/wk

KEAN STEELY

VP ENGINEERING & OPERATIONS

Staff

$390K

45 hrs/wk

MICHAEL DODGE

VP BENTONVILLE DISTRICT

Staff

$327K

45 hrs/wk

CORY SMITH

VP CORPORATE RELATIONS

Staff

$307K

45 hrs/wk

TYLER ASHWORTH

VP TEAM SERVICES

Staff

$289K

50 hrs/wk

JOHN WORLEY

VP BENTON COUNTY LINE SERVICES

Staff

$272K

60 hrs/wk

Independent contractors

BARROWS EXCAVATION INC

CONSTRUCTION SERVICES

$11.3M

ARKANSAS ELECTRIC COOPERATIVEINC

LINE CONSTRUCTION, ROW CLEARING, & TRAIN

$8.1M

HAWK LINE CONSTRUCTION

LINE CONSTRUCTION

$5.9M

BLACK & MCDONALD

ENGINEERING

$5.7M

KV POWER LLC

LINE CONSTRUCTION

$5.0M

Details

EIN710027635
Subsection12
Ruling date1939-05
Formed1937
Employees398
Volunteers0
CARROLL ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo