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EIN 63-0595918

Alabama Rural Electric Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
10
City
Montgomery
State
Alabama
Year formed
1969
Most recent tax filings
2019-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Alabama Rural Electric Credit Union provides financial services for its members and serves approximately 3,723 individuals through loans, savings, and other financial services. The credit union offers a variety of deposit and loan services to its memb...
Related structure
Alabama Rural Electric Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
Credit Union
Total revenues
$1,845,551
2019
Total expenses
$1,639,344
2019
Total assets
$34,519,463
2019
Num. employees
10
2019

Program areas at Alabama Rural Electric Credit Union

The Credit Union provided a variety of loan services for its members.
The Credit Union provided a variety of deposit services for its members.

Personnel at Alabama Rural Electric Credit Union

NameTitleCompensation
Jane J BoysenPresident and Chief Executive Officer$33,061
Cecilia WaitsVice President$15,742
Mike BarlowSupervisory$0
David BaileySup Comm Mem$0

Financials for Alabama Rural Electric Credit Union

RevenuesFYE 12/2019
Total grants, contributions, etc.$0
Program services$1,375,567
Investment income and dividends$204,518
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$265,466
Total revenues$1,845,551

Form 990s for Alabama Rural Electric Credit Union

Fiscal year endingDate received by IRSFormPDF link
2019-122020-09-10990View PDF
2018-122019-07-12990View PDF
2017-122018-08-23990View PDF
2016-122017-08-18990OView PDF
2015-122016-08-30990OView PDF
...and 3 more Form 990s

Organizations like Alabama Rural Electric Credit Union

OrganizationLocationRevenue
Federal Employees Credit UnionBirmingham, AL$856,545
Credit Unions in the State of AlabamaMobile, AL$2,094,361
Mobile Educators Credit UnionMobile, AL$2,821,272
Tuscaloosa Credit UnionTuscaloosa, AL$4,141,284
Fort McClellan Credit Union (FMCU)Anniston, AL$7,242,048
Mobile Government Employees Credit UnionMobile, AL$482,433
Shoreline Credit UnionTuscaloosa, AL$1,027,947
Heritage South Credit UnionSylacauga, AL$8,672,774
Secure First Credit UnionBirmingham, AL$2,026,221
City Credit UnionTuscaloosa, AL$821,644
Data update history
September 3, 2022
Used new vendors
Identified 1 new vendor, including
April 25, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 27, 2020
Updated personnel
Identified 2 new personnel
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
November 13, 2019
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
340 Technacenter Dr
Montgomery, AL 36117
Metro area
Montgomery, AL
County
Montgomery County, AL
Website URL
arecu.alabamaone.org/ 
Phone
(334) 215-7328
IRS details
EIN
63-0595918
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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