Nonprofit · EIN 63-0264081
ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES
Tax-exempt · MONTGOMERY, AL 36117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,464,682 | $7,832,119 | $632,563 | $7,437,618 | $1,158,788 | $6,278,830 |
| December 31, 2023 | 990 | $8,357,129 | $8,113,011 | $244,118 | $6,890,362 | $1,244,095 | $5,646,267 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,925,263
- Membership dues
- $3,925,263
- Program service revenue
- $4,185,651
- Investment income
- $127,750
- Royalties
- $40,908
- Other revenue
- $226,018
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,614,448
- Other salaries and wages
- $554,139
- Salaries, compensation and benefits (total)
- $3,432,804
- Professional fundraising fees
- $0
- Legal fees
- $9,128
- Accounting fees
- $36,665
- Occupancy
- $106,518
- Travel
- $228,164
- Depreciation
- $179,112
Balance sheet and other
- Total assets, start of year
- $6,890,362
- Total assets, end of year
- $7,437,618
- Total liabilities, end of year
- $1,158,788
- Net assets, end of year
- $6,278,830
- Land, buildings and equipment
- $1,129,491
- Net assets without donor restrictions
- $6,278,830
- Gross unrelated business income
- $1,647,095
- Gross receipts
- $8,464,682
- Employees
- 22
- Volunteers
- 0
- Year formed
- 1947
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Karl Rayborn | President - CEO Officer | 40 | $346,102 | $297,172 |
| Sean Strickler | VP - Public Affairs Officer | 40 | $189,696 | $88,867 |
| Matty Garr | VP - Statewide Services Officer | 40 | $177,711 | $38,767 |
| Brian Matney | VP - CFO Officer | 40 | $183,941 | $19,607 |
| Lenore Vickrey | VP - Communications Officer | 40 | $129,631 | $49,454 |
| Roland Hendon | Director/Vice-Chairman Trustee or director | 2.46 | $8,000 | $0 |
| S Parks Tubbs | Director Trustee or director | 2.46 | $8,000 | $0 |
| DR Stallworth Jr | Director Trustee or director | 2.31 | $7,500 | $0 |
| David Hembree | Director Trustee or director | 2.15 | $7,000 | $0 |
| Tommie Werneth | Director Trustee or director | 1.85 | $6,000 | $0 |
| Charles Byrd | Director Trustee or director | 1.38 | $4,500 | $0 |
| Edward Miller | Director Trustee or director | 1.23 | $4,000 | $0 |
| Debra Eubanks Baxley | Director Trustee or director | 0.15 | $4,000 | $0 |
| Thomas Duncan | Director Trustee or director | 1.38 | $4,000 | $0 |
| Bruce Boswell | Director Trustee or director | 1.23 | $4,000 | $0 |
38 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Allen Lang | Director Trustee or director | 1.08 | $3,500 |
| James May | Director Trustee or director | 1.08 | $3,500 |
| Patricia Janasky | Director Trustee or director | 1.08 | $3,500 |
| Ricky Knouff | Director Trustee or director | 1.08 | $3,500 |
| Andrew Callaway | Director Trustee or director | 0.92 | $3,000 |
| Curt Morris | Director Trustee or director | 0.92 | $3,000 |
| John Shewbart | Director Trustee or director | 0.92 | $3,000 |
| Mike Hubbard | Director Trustee or director | 0.92 | $3,000 |
| John Henry | Director Trustee or director | 0.77 | $2,500 |
| Ronnie Gaylor | Director Trustee or director | 0.77 | $2,500 |
| Terry Edmondson | Director Trustee or director | 1.38 | $2,500 |
| Irvin Eatman | Director Trustee or director | 0.62 | $2,000 |
| Charles W Whisenant | Director Trustee or director | 0.31 | $1,000 |
| Daryl Jones | Director Trustee or director | 2.15 | $0 |
| David Bailey | Director Trustee or director | 1.23 | $0 |
| Mark Parker | Director Trustee or director | 1.23 | $0 |
| Gary Harrison | Director Trustee or director | 1.23 | $0 |
| Gary Smith | Director Trustee or director | 1.23 | $0 |
| Gene Kanikovsky | Director Trustee or director | 1.23 | $0 |
| Gena Hall | Director Trustee or director | 0.31 | $0 |
| Jeff Hodges | Director Trustee or director | 1.23 | $0 |
| John Cullimore | Director Trustee or director | 0.62 | $0 |
| Karen Moore | Director Trustee or director | 1.23 | $0 |
| Kevin Chandler | Director Trustee or director | 1.23 | $0 |
| Brad Kimbro | Director Trustee or director | 1.23 | $0 |
| Louie Ward | Director Trustee or director | 2.15 | $0 |
| Mark Malone | Director Trustee or director | 1.23 | $0 |
| Mark Stockton | Director Trustee or director | 1.23 | $0 |
| Randall Wilkie | Director Trustee or director | 1.23 | $0 |
| Scott Bobo | Director Trustee or director | 1.23 | $0 |
| Stacey White | Director/Secretary/Treasurer Trustee or director | 1.23 | $0 |
| Britton Lightsey | Director Trustee or director | 1.23 | $0 |
| Steve Sheffield | Director Trustee or director | 1.23 | $0 |
| Terry Moseley | Director Trustee or director | 1.23 | $0 |
| Tim Culpepper | Director Trustee or director | 1.23 | $0 |
| Tom Stackhouse | Director Trustee or director | 1.23 | $0 |
| Robby Jones | Director Trustee or director | 0.62 | $0 |
| Vince Johnson | Director/Chairman Trustee or director | 2.15 | $0 |
990 for the year ended December 31, 2023: 60 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Karl G Rayborn | President - CEO Officer | 40 | $330,714 | $246,614 |
| Sean Strickler | VP - Public Affairs Officer | 40 | $181,307 | $74,774 |
| Matty Garr | VP - Statewide Services Officer | 40 | $175,184 | $33,775 |
| Brian Matney | VP - CFO Officer | 40 | $174,076 | $19,837 |
| Lenore Vickrey | VP - Communications Officer | 40 | $122,830 | $32,255 |
| Roland Hendon | Director/Vice-Chairman Trustee or director | 2.31 | $7,500 | $0 |
| David Hembree | Director Trustee or director | 2.15 | $7,000 | $0 |
| Tommie Werneth | Director Trustee or director | 2.15 | $7,000 | $0 |
| DR Stallworth | Director Trustee or director | 1.85 | $6,000 | $0 |
| S Parks Tubbs | Director Trustee or director | 1.54 | $5,000 | $0 |
| Ricky Knouff | Director Trustee or director | 1.38 | $4,500 | $0 |
| Andrew Callaway | Director Trustee or director | 1.23 | $4,000 | $0 |
| John Henry | Director Trustee or director | 1.23 | $4,000 | $0 |
| Charles Byrd | Director Trustee or director | 1.23 | $4,000 | $0 |
| Phillip Bryant | Director Trustee or director | 1.23 | $4,000 | $0 |
| Patricia Janasky | Director Trustee or director | 1.23 | $4,000 | $0 |
| Irvin Eatman | Director Trustee or director | 1.08 | $3,500 | $0 |
| Kip Justice | Director Trustee or director | 1.08 | $3,500 | $0 |
| Mike Hubbard | Director Trustee or director | 1.38 | $3,500 | $0 |
| Chase Riddle | Director Trustee or director | 0.92 | $3,000 | $0 |
| John Shewbart | Director Trustee or director | 0.92 | $3,000 | $0 |
| Lavaughn Holcomb | Director/ Secretary/Treasu Trustee or director | 0.77 | $2,500 | $0 |
| Delaney Kervin | Director Trustee or director | 0.77 | $2,500 | $0 |
| Ronnie Gaylor | Director Trustee or director | 0.77 | $2,500 | $0 |
| Bobby Ballard | Director Trustee or director | 0.77 | $2,500 | $0 |
| James May | Director Trustee or director | 0.77 | $2,500 | $0 |
| Jim McRae | Director Trustee or director | 0.62 | $2,000 | $0 |
| Charles W Whisenant | Director Trustee or director | 0.62 | $2,000 | $0 |
| Bill Danzey | Director Trustee or director | 0.62 | $2,000 | $0 |
| Terry Edmondson | Director Trustee or director | 1.38 | $2,000 | $0 |
| Edward Miller | Director Trustee or director | 0.31 | $1,000 | $0 |
| Thomas Duncan | Director Trustee or director | 1.38 | $1,000 | $0 |
| Debra Eubanks Baxley | Director Trustee or director | 0.15 | $500 | $0 |
| Kevin Chandler | Director Trustee or director | 1.23 | $0 | $0 |
| Steve Foshee | Director Trustee or director | 0.31 | $0 | $0 |
| Scott Bobo | Director Trustee or director | 1.23 | $0 | $0 |
| Gary Harrison | Director Trustee or director | 1.23 | $0 | $0 |
| Vince Johnson | Director/Vice-Chairman Trustee or director | 2.15 | $0 | $0 |
| Daryl Jones | Director Trustee or director | 2.15 | $0 | $0 |
| George Kitchens | Director Trustee or director | 1.23 | $0 | $0 |
| Karen Moore | Director Trustee or director | 1.23 | $0 | $0 |
| Les Moreland | Director Trustee or director | 1.23 | $0 | $0 |
| Terry Moseley | Director Trustee or director | 1.23 | $0 | $0 |
| Gary Smith | Director Trustee or director | 1.23 | $0 | $0 |
| Tom Stackhouse | Director Trustee or director | 1.23 | $0 | $0 |
| Louie Ward | Director Trustee or director | 2.15 | $0 | $0 |
| Randal Wilkie | Director Trustee or director | 1.23 | $0 | $0 |
| Steve Sheffield | Director Trustee or director | 1.23 | $0 | $0 |
| Tim Culpepper | Director Trustee or director | 1.23 | $0 | $0 |
| Mark Stockton | Director Trustee or director | 1.23 | $0 | $0 |
| Stacey White | Director/ Secretary/Treasu Trustee or director | 1.23 | $0 | $0 |
| Ed Short | Director Trustee or director | 0.15 | $0 | $0 |
| Mark Malone | Director Trustee or director | 1.23 | $0 | $0 |
| David Bailey | Director Trustee or director | 1.23 | $0 | $0 |
| Jeff Hodges | Director Trustee or director | 1.23 | $0 | $0 |
| Gena Hall | Director Trustee or director | 0.31 | $0 | $0 |
| John Cullimore | Director Trustee or director | 0.62 | $0 | $0 |
| Robby Jones | Director Trustee or director | 0.62 | $0 | $0 |
| Mark Parker | Director Trustee or director | 1.08 | $0 | $0 |
| Britton Lightsey | Director Trustee or director | 0.92 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 340 TECHNACENTER DR, MONTGOMERY, AL 36117-6031
- Principal officer (990 for 2024)
- Karl G Rayborn, PO Box 244014, Montgomery, AL 361244014
- Signed the 990
- Brian Matney, CFO
- Phone
- (334) 215-2732
- Website
- http://www.areapower.coop
- Return prepared by
- Jackson Thornton & Co PC
Mission
A statewide trade association which serves as a resource through which its electric cooperative members are provided services for the continuation and advancement of the rural electrification program in Alabama.
Program accomplishments
- Communications - The Association published "Alabama Living," a monthly magazine, which provided the cooperatives an avenue to communicate with their membership.
- 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.
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0264081
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,437,618
- Income (IRS master file)
- $8,464,682
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,464,682 | $7,832,119 | $7,437,618 | XML |
| 990 | December 2023 | $8,357,129 | $8,113,011 | $6,890,362 | XML |
| 990 | December 2022 | $8,122,281 | $7,957,474 | $6,824,624 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 63-0264081).
Questions about ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES
- What is the EIN of ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES?
- The employer identification number (EIN) of ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES is 63-0264081.
- Is ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1954.
- Are donations to ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES?
- The 990 for the year ended December 31, 2024 names Karl G Rayborn.
- Who are the officers and directors of ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES?
- The 990 for the year ended December 31, 2024 lists 53 people; 28 received compensation from the organization, the highest $346,102 (Karl Rayborn, President - CEO).
- How much revenue does ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,464,682, expenses of $7,832,119 and total assets of $7,437,618 at year end.
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