EIN 63-0264081

Alabama Rural Electric Association of Cooperatives

IRS 501(c) type
501(c)(6)
Num. employees
24
State
Year formed
1947
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Alabama Rural Electric Association of Cooperatives serves as a resource for its electric cooperative members to continue and advance the rural electrification program in Alabama. It provides training for employees and directors in utility line work, construction, management, accounting, HR skills, and customer service. The association offers resources and services to educate and train on safety, loss control, and regulatory compliance to make a safer working environment in a dangerous industry.
Total revenues
$8,122,281
2022
Total expenses
$7,957,474
2022
Total assets
$6,824,624
2022
Num. employees
24
2022

Program areas at Alabama Rural Electric Association of Cooperatives

Communications - The Association published "Alabama Living," a monthly magazine, which provided the cooperatives an avenue to communicate with their membership.
Safety, Loss Control, and Regulatory Compliance - The Association provided resources and services to educate and train cooperative employees and management of safety and regulatory issues to make a safer working environment in a dangerous industry.
Training and Development - The Association provided training for employees and directors of the rural electric cooperatives. Training areas included utility line work, utility construction, safety, management skills, accounting skills, HR skills, customer service, leadership skills, director responsibilities, and roles.

Who funds Alabama Rural Electric Association of Cooperatives

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cooperative Finance Corporation (CFC)Educational Fund-Area Summer Conference$17,400

Personnel at Alabama Rural Electric Association of Cooperatives

NameTitleCompensation
Fred O BraswellPresident - Chief Executive Officer / President , Chief Executive Officer / President and Chief Executive Officer$135,380
Karl RaybornPresident , Chief Executive Officer$315,199
Brian MatneyVice President , Chief Financial Officer$162,669
Lenore VickreyVice President , Communications$119,012
Sean StricklerVice President , Public Affairs$178,002
...and 7 more key personnel

Financials for Alabama Rural Electric Association of Cooperatives

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,768,518
Program services$3,689,283
Investment income and dividends$64,365
Tax-exempt bond proceeds$0
Royalty revenue$30,542
Net rental income$188,051
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$381,522
Total revenues$8,122,281

Form 990s for Alabama Rural Electric Association of Cooperatives

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-10-19990View PDF
2020-122021-10-25990View PDF
2019-122021-06-07990View PDF
2019-122021-01-11990OView PDF
...and 9 more Form 990s
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 6 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $17,400 from Cooperative Finance Corporation (CFC)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsState / local levelRelated 527
General information
Address
PO Box 244014
Montgomery, AL 36124
Metro area
Montgomery, AL
County
Montgomery County, AL
Website URL
areapower.coop/ 
Phone
(334) 215-2732
Facebook page
alabama-living 
IRS details
EIN
63-0264081
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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