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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 North Arkansas Electric Cooperative Inc.

North Arkansas Electric Cooperative Inc.

Fiscal year ending 2019. Filed on August 6, 2020.

PO Box 1000
Salem, Arkansas 72576

North Arkansas Electric Cooperative Inc. (EIN: 71-0131073) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2019 IRS Form 990 filing, North Arkansas Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 159 total employees. Among the employees shown here, the average compensation is $211,089. The highest compensated employee at North Arkansas Electric Cooperative Inc. is Mel Coleman with fiscal year 2019 compensation of $447,668.

Revenue, expenses, and employee compensation

Revenue

$62,705,947

Expenses

$69,641,197

Employee compensation

$9,687,732
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mel Coleman
Chief Executive Officer
$447,668
$319,965 No related comp$127,703
Leah Rouse
Vice President, Member Services
$258,906
$128,911 No related comp$129,995
James Woody
Vice President, Operations
$220,730
$143,817 No related comp$76,913
Jim Blackmon
Vice President, Information Technology
$212,702
$130,012 No related comp$82,690
Jason Strong
Vice President, Engineering
$192,761
$143,648 No related comp$49,113
Julie Haney
Chief Financial Officer
$177,058
$133,997 No related comp$43,061
Kevin Reese
System Engineer
$168,154
$124,792 No related comp$43,362
Mark H Montgomery
Former Board Member
$10,732
$10,732 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Cameron Davis
Board Member
$44,092
$44,092 No related compNo other comp
Larry Goodwin
Board Member
$43,196
$43,196 No related compNo other comp
Jasper Freeman
Board Vice President
$42,329
$42,329 No related compNo other comp
Sonya Wiles
Board Member
$34,821
$34,821 No related compNo other comp
Jim Short
Board Member
$33,956
$33,956 No related compNo other comp
Beth Carter
Board Secretary and Treasurer
$31,429
$31,429 No related compNo other comp
Michael Dover
Board President
$28,311
$28,311 No related compNo other comp
Dennis Wiles
Board Member
$25,486
$25,486 No related compNo other comp
Steve Hall
Board Member
$19,980
$19,980 No related compNo other comp

Contractors

R Roese Contracting CO
Fiber Installation
$6,807,794
West Tree Service
Tree/Vegetation Management
$2,100,153
Aeci Construction Service
Construction
$911,306
The Fishel Company
Construction
$828,198
Gregory CO Inc.
Construction
$442,956

Mission Statement

PROVIDE ECONOMICAL AND RELIABLE ELECTRIC POWER, ALONG WITH RESOURCES, SERVICES AND LEADERSHIP THAT WILL MEET THE PRESENT AND FUTURE NEEDS OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Revisions to this organization profile

September 22, 2021:
2020 North Arkansas Electric Cooperative Inc. 990 filed
August 6, 2020:
2019 North Arkansas Electric Cooperative Inc. 990 filed
August 2, 2019:
2018 North Arkansas Electric Cooperative Inc. 990 filed

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