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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 Carroll Electric Cooperative Corporation

Carroll Electric Cooperative Corporation

Fiscal year ending 2020. Filed on November 15, 2021.

PO Box 4000
Berryville, Arkansas 72616

Carroll Electric Cooperative Corporation (EIN: 71-0027635) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Carroll Electric Cooperative Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 324 total employees. Among the employees shown here, the average compensation is $510,272. The highest compensated employee at Carroll Electric Cooperative Corporation is Rob Boaz with fiscal year 2020 compensation of $955,536.

Revenue, expenses, and employee compensation

Revenue

$193,843,756

Expenses

$193,843,756

Employee compensation

$23,535,601
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rob Boaz
President and Chief Executive Officer
$955,536
$551,518 No related comp$404,018
James Sanders
Vice President Executive Services
$554,509
$464,505 No related comp$90,004
John Worley
Vice President Benton County Lines SER
$481,353
$206,520 No related comp$274,833
Kean Steely
Vice President Engineering and Operation
$446,454
$280,314 No related comp$166,140
Chad Allen
Vice President, Financial Services
$411,458
$219,286 No related comp$192,172
Michael Dodge
Vice President Bentonville District
$389,619
$261,168 No related comp$128,451
David Brock
Vice President Office Services
$332,977
$198,333 No related comp$134,644

Benchmark Employee Compensation

Non-Employee Board Members

Kristy Noble
Director
$34,687
$34,523 No related comp$164
Joseph R Spivey
Director
$34,670
$34,523 No related comp$147
David Glass
Director
$32,354
$32,186 No related comp$168
Bobby G Raulston
Director
$32,331
$32,186 No related comp$145
Charles R Shinn
Director
$32,245
$32,186 No related comp$59
Alan Hunnicutt
Chair
$32,242
$32,186 No related comp$56
J Neff Basore
Director
$32,241
$32,186 No related comp$55
Carla Hathorn
Vice Chair
$32,175
$32,136 No related comp$39
Winfred Prier
Secretary and Treasurer
$30,804
$30,804 No related compNo other comp

Contractors

Nabholz Construction Corporation
Construction
$7,873,185
Barrows Excavation Inc.
Construction
$7,742,811
Arkansas Electric Cooperativeinc
Line Construction Row Clearing and Train
$2,851,161
Capital Electric Line Builders
Line Construction
$2,193,575
Ark-O-MO Tree Service
Row Clearing
$2,001,717

Mission Statement

WE EXIST TO SERVE OUR MEMBERS WITH SAFE, RELIABLE, AND AFFORDABLE ELECTRICITY.

Revisions to this organization profile

November 18, 2025:
2024 Carroll Electric Cooperative Corporation 990 filed
November 15, 2024:
2023 Carroll Electric Cooperative Corporation 990 filed
November 15, 2023:
2022 Carroll Electric Cooperative Corporation 990 filed

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Other organizations also named Carroll Electric Cooperative

Carroll Electric Cooperative Inc.
Carrollton, Ohio