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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 2021. Filed on November 1, 2022.

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 2021 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 335 total employees. Among the employees shown here, the average compensation is $550,590. The highest compensated employee at Carroll Electric Cooperative Corporation is Robert Boaz with fiscal year 2021 compensation of $1,051,141.

Revenue, expenses, and employee compensation

Revenue

$239,227,342

Expenses

$239,227,342

Employee compensation

$27,396,638
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Boaz
President and Chief Executive Officer
$1,051,141
$573,524 No related comp$477,617
John Worley
Vice President Benton County LINE Services
$569,269
$214,043 No related comp$355,226
Kean Steely
Vice President Engineering and Operations
$493,687
$289,269 No related comp$204,418
Michael Dodge
Vice President Bentonville District
$487,824
$259,832 No related comp$227,992
Chad Allen
Vice President, Financial Services
$477,370
$226,642 No related comp$250,728
James Sanders
Vice President Executive Services
$444,588
$439,088 No related comp$5,500
Cory Smith
Vice President Corporate Relations
$330,252
$214,489 No related comp$115,763

Benchmark Employee Compensation

Non-Employee Board Members

David Glass
Director
$39,198
$39,152 No related comp$46
Kristy Noble-Tesch
Director
$37,543
$37,502 No related comp$41
Joseph R Spivey
Director
$36,444
$36,402 No related comp$42
Charles R Shinn
Director
$34,252
$34,202 No related comp$50
Bobby G Raulston
Director
$33,677
$33,652 No related comp$25
Carla Hathorn
Vice Chair
$33,091
$33,050 No related comp$41
Alan Hunnicutt
Chair
$32,046
$32,002 No related comp$44
J Neff Basore
Director
$31,484
$31,452 No related comp$32
Winfred Prier
Secretary and Treasurer
$30,811
$30,811 No related compNo other comp

Contractors

Barrows Excavation Inc.
Construction
$5,535,227
Capital Electric Line Builders Inc.
Line Construction
$5,487,651
Arkansas Electric Cooperativeinc
Line Construction Row Clearing and Train
$3,544,456
Black & Mcdonald
Engineering
$2,488,016
Bbc Electrical Services Inc.
Line Construction
$2,192,659

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