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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 South Central Arkansas Electric Cooperative Inc.

South Central Arkansas Electric Cooperative Inc.

Fiscal year ending 2023. Filed on May 22, 2024.

PO Box 476
Arkadelphia, Arkansas 71923

South Central Arkansas Electric Cooperative Inc. (EIN: 71-0165740) has filed an IRS Form 990 between fiscal years 2018 and 2023. In its fiscal year 2023 IRS Form 990 filing, South Central Arkansas 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 $198,103. The highest compensated employee at South Central Arkansas Electric Cooperative Inc. is Colby Wells with fiscal year 2023 compensation of $355,368.

Revenue, expenses, and employee compensation

Revenue

$29,318,440

Expenses

$27,652,741

Employee compensation

$623,424
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Colby Wells
Chief Executive Officer
$355,368
$237,303 No related comp$118,065
Jamie Farrell
Vice President Technology/Gm Fiber SUB
$188,808
$118,522 No related comp$70,286
Michael Armstrong
Vice President, Operations
$171,009
$106,240 No related comp$64,769
Austin Wilson
Serviceman
$169,945
$117,321 No related comp$52,624
Jeremy Leamons
Serviceman
$152,188
$100,081 No related comp$52,107
Albert Cummings
Lineman
$151,299
$112,595 No related comp$38,704

Benchmark Employee Compensation

Non-Employee Board Members

Shelly Loe
Director
$39,702
$14,000 No related comp$25,702
Scott Clark
Vice President
$36,889
$10,500 No related comp$26,389
Tim Trout
Secretary and Treasurer
$34,420
$14,500 No related comp$19,920
Ricky Francis
Director
$32,858
$12,500 No related comp$20,358
Brian Kirksey
President
$32,545
$11,500 No related comp$21,045
Danny Buck
Director
$31,607
$11,000 No related comp$20,607
Karen Kirkpatrick
Secretary and Treasurer
$29,607
$9,000 No related comp$20,607
Ronnie Penney
Director
$22,178
$11,000 No related comp$11,178
Mark Batson
Director
$8,250
$8,250 No related compNo other comp

Contractors

Ervin Cable Construction LLC
Construction Contractor
$10,611,577
C2 Construction LLC
Construction Contractor
$2,924,051
Osmose Utilities Services
Engineering/Data Collection
$2,702,923
Mdr Construction
Construction Contractor
$1,530,713
Conezion LLC
Project Manager/Consultant
$1,018,915

Mission Statement

ELECTRIC DISTRIBUTION TO MEMBERS AT MINIMAL COST. 236,800,037 KWH WERE SOLD TO AN AVERAGE OF 10,583 CONSUMERS.

Revisions to this organization profile

May 22, 2024:
2023 South Central Arkansas Electric Cooperative Inc. 990 filed
May 11, 2022:
2021 South Central Arkansas Electric Cooperative Inc. 990 filed
May 11, 2021:
2020 South Central Arkansas Electric Cooperative Inc. 990 filed

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