North Arkansas Electric Cooperative Inc

Organization Overview

North Arkansas Electric Cooperative Inc is located in Salem, AR. The organization was established in 1940. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. North Arkansas Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTE ELECTRICTY TO RURAL AND SUBURBAN MEMBERS IN NORTH ARKANSAS


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Board, Officers & Key Employees

Name (title)Compensation
Mel Coleman
CEO
$319,965
Leah Rouse
VP Member Services
$128,911
James Woody
VP Operations
$143,817
Jim Blackmon
VP It
$130,012
Jason Strong
VP Engineering
$143,648
Julie Haney
CFO
$133,997

Outside Vendors & Contractors

Vendor Name (Service)Compensation
R Roese Contracting Co
Fiber Installation
$6,807,794
West Tree Service
Tree/vegetation Mgmt
$2,100,153
Gregory Co Inc
Construction
$442,956
Aeci Construction Service
Construction
$911,306
The Fishel Company
Construction
$828,198
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $0

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