SOUTH CENTRAL ARKANSAS ELECTRIC COOPERATIVE INC
PO Box 476, Arkadelphia, AR 71923 www.scaec.com

Total Revenue
$29,466,785
Total Expenses
$27,805,108
Net Assets
$38,012,661

Organizations Filed Purposes: Electric distribution to members at minimal cost. 247,303,480 kWh were sold to an average of 10,306 consumers.

Revenue from sales of electric energy is billed to cover only amounts necessary to provide electric distribution to our members, which is the basis for which the cooperative is organized and maintained. Regulation by the Arkansas Public Service Commission assures that our rates cover the cost of providing service without a planned profit.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Colby WellsCEO60$162,705
Walter IvyCrew Leady55$114,399
Austin WilsonLineman58$111,029
Jeremy LeamonsLineman54$106,591
Brian KirkseyDirector5$28,900
Karen KirkpatrickDirector4$10,000
Steve AllgoodSecretary4$9,600
Ricky FrancisDirector7$8,000
Ronnie PenneyDirector1$8,000
Danny BuckPresident3$8,000
Elton BuckDirector4$6,800
Shelly LoeVice President3$6,800
Frances NelsonSecretary5$3,600

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141319349301999_public.xml