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.
Form
990
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mel Coleman CEO | Officer | 40 | $319,965 |
James Woody VP Operations | 40 | $143,817 | |
Jason Strong VP Engineering | 40 | $143,648 | |
Julie Haney CFO | Officer | 40 | $133,997 |
Jim Blackmon VP It | 40 | $130,012 | |
Leah Rouse VP Member Services | 40 | $128,911 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
R Roese Contracting Co Fiber Installation | 12/30/19 | $6,807,794 |
West Tree Service Tree/vegetation Mgmt | 12/30/19 | $2,100,153 |
Gregory Co Inc Construction | 12/30/19 | $442,956 |
Aeci Construction Service Construction | 12/30/19 | $911,306 |
The Fishel Company Construction | 12/30/19 | $828,198 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Bear Creek Water Association Inc Madison, MS | $98,155,585 | $12,566,846 |
Chickasaw Electric Cooperative Inc Somerville, TN | $53,475,417 | $11,540,498 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Pontotoc Electric Power Assn Pontotoc, MS | $90,087,591 | $12,564,060 |
Tishomingo Co Electric Power Assn Iuka, MS | $49,362,080 | $9,007,750 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
Agc Of Texas Highway Heavy Utilities & Industrial Branch Austin, TX | $17,850,267 | $8,346,653 |
Howard Electric Cooperative Fayette, MO | $26,616,692 | $7,850,430 |
Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |
Tennessee One-Call System Inc Nashville, TN | $15,040,368 | $8,322,679 |