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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 Inc.

Carroll Electric Cooperative Inc.

Fiscal year ending 2024. Filed on July 25, 2025.

PO Box 67
Carrollton, Ohio 44615

Carroll Electric Cooperative Inc. (EIN: 34-0133865) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Carroll Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 36 total employees. Among the employees shown here, the average compensation is $241,358. The highest compensated employee at Carroll Electric Cooperative Inc. is Larry Fenbers with fiscal year 2024 compensation of $527,399.

Revenue, expenses, and employee compensation

Revenue

$27,743,504

Expenses

$26,376,439

Employee compensation

$786,397
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Larry Fenbers
Chief Executive Officer and General Manager
$527,399
$348,778 No related comp$178,621
William Meese
Manager of E
$237,544
$158,639 No related comp$78,905
Paden Spilker
Crew Leader
$195,299
$160,920 No related comp$34,379
Austin Jackson
Lineman
$185,818
$155,996 No related comp$29,822
Robert Campbell
Lineman
$163,519
$120,396 No related comp$43,123
Brian Riggs
Crew Leader
$138,566
$119,094 No related comp$19,472

Benchmark Employee Compensation

Non-Employee Board Members

Harold Sutton
Chair
$13,125
$13,125 No related compNo other comp
Kevin Tullis
Secretary and Treasurer
$12,075
$12,075 No related compNo other comp
Diane Brown
Director
$11,625
$11,625 No related compNo other comp
Robert McCort
Director
$10,625
$10,625 No related compNo other comp
Vincent Carter
Director
$10,550
$10,550 No related compNo other comp
Tim N Dayton
Director
$10,275
$10,275 No related compNo other comp
Gary Snode
Vice Chair
$10,125
$10,125 No related compNo other comp
William T Brown
Director
$8,925
$8,925 No related compNo other comp
William Casper
Director
$8,425
$8,425 No related compNo other comp

Contractors

Davey Tree Expert Company
Row Tree Trim
$1,593,778
New River Electrical Corp.
Elec Contractor
$1,375,995
Noxious Vegetation Control Inc.
Vegetation Spra
$143,675

Mission Statement

CARROLL ELECTRIC COOPERATIVE INC PROVIDES ELECTRICITY TO ITS MEMBERS.

Revisions to this organization profile

July 25, 2025:
2024 Carroll Electric Cooperative Inc. 990 filed
August 27, 2024:
2023 Carroll Electric Cooperative Inc. 990 filed
May 25, 2023:
2022 Carroll Electric Cooperative Inc. 990 filed

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Carroll Electric Cooperative Corporation
Berryville, Arkansas