Carroll Electric Cooperative Corporation
Berryville, AR · EIN 71-0027635 · Rank 2,267 by total revenue
To serve our members with safe, reliable, and afforadable electricity.
Money, Form 990 for tax year 2024
- Total revenue
- $285,505,825
- Total expenses
- $284,098,456
- Total assets
- $1,023,854,583
- Salary base (all salaries and wages)
- $24,892,611
- Salaries, other pay and benefits
- $35,201,036
- Employees
- 398
- Salary base per employee
- $62,544
"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 (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Robert Boaz | PRESIDENT/CEO | Officer | 55 | $1,235,536 |
| Chad Allen | VP FINANCIAL SERVICES | Officer | 45 | $532,856 |
| Carla Hathorn | VICE CHAIRMAN | Board, Officer | 6.5 | $35,174 |
| Alan Hunnicutt | CHAIRMAN | Board, Officer | 7.2 | $34,665 |
| Winfred Prier | SECRETARY/TREASURER | Board, Officer | 2.2 | $33,524 |
| David Glass | DIRECTOR | Board | 12 | $44,170 |
| Kristy Noble-Tesch | DIRECTOR | Board | 5.7 | $42,708 |
| Joseph R Spivey | DIRECTOR | Board | 6 | $40,916 |
| Charles R Shinn | DIRECTOR | Board | 6.7 | $39,219 |
| Bobby G Raulston | DIRECTOR | Board | 5.3 | $39,201 |
| J Neff Basore | DIRECTOR | Board | 8.1 | $35,772 |
Top 10 paid people listed
These 10 people received $4,444,893, which is 17.9% of the $24,892,611 salary base shared by 398 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Robert Boaz | PRESIDENT/CEO | Officer | 55 | $714,511 | $0 | $521,025 | $1,235,536 |
| Kean Steely | VP ENGINEERING & OPERATIONS | Highly paid employee | 45 | $389,883 | $0 | $220,638 | $610,521 |
| Michael Dodge | VP BENTONVILLE DISTRICT | Highly paid employee | 45 | $326,609 | $0 | $236,013 | $562,622 |
| John Worley | VP BENTON COUNTY LINE SERVICES | Highly paid employee | 60 | $272,175 | $0 | $263,367 | $535,542 |
| Chad Allen | VP FINANCIAL SERVICES | Officer | 45 | $287,982 | $0 | $244,874 | $532,856 |
| Cory Smith | VP CORPORATE RELATIONS | Highly paid employee | 45 | $306,555 | $0 | $126,432 | $432,987 |
| Tyler Ashworth | VP TEAM SERVICES | Highly paid employee | 50 | $289,319 | $0 | $117,716 | $407,035 |
| David Glass | DIRECTOR | Board | 12 | $44,122 | $0 | $48 | $44,170 |
| Kristy Noble-Tesch | DIRECTOR | Board | 5.7 | $42,672 | $0 | $36 | $42,708 |
| Joseph R Spivey | DIRECTOR | Board | 6 | $40,880 | $0 | $36 | $40,916 |
Sources
- IRS e-file return 202543229349300629 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 71-0027635
- Organization website (as filed): www.carrollecc.com