Nonprofit · EIN 63-0264087
ARAB ELECTRIC COOPERATIVE INC
Tax-exempt · ARAB, AL 35016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $44,060,230 | $44,060,230 | $0 | $67,979,925 | $17,787,422 | $50,192,503 |
| June 30, 2024 | 990 | $41,603,242 | $41,603,242 | $0 | $65,793,759 | $17,381,603 | $48,412,156 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $42,260,776
- Investment income
- $726,351
- Net rental income
- $1,069,103
- Other revenue
- $1,073,103
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,637,210
- Compensation of officers, directors and key employees
- $1,224,268
- Salaries, compensation and benefits (total)
- $1,224,268
- Professional fundraising fees
- $0
- Depreciation
- $2,384,211
Balance sheet and other
- Total assets, start of year
- $65,793,759
- Total assets, end of year
- $67,979,925
- Total liabilities, end of year
- $17,787,422
- Net assets, end of year
- $50,192,503
- Land, buildings and equipment
- $46,309,321
- Publicly traded securities
- $3,351,622
- Gross receipts
- $44,060,230
- Employees
- 40
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stacey White | General Manager Officer | 40 | $161,607 | $61,762 |
| Jerry Willis | Staking Engineer Highest-paid employee | 40 | $118,998 | $54,396 |
| Seth Selby | Assistant Manager Officer | 40 | $103,956 | $50,816 |
| Ryan Alexander | Substation Operations and Maintenance Coordinator Highest-paid employee | 47 | $107,225 | $47,317 |
| Russell Parsons | Working Foreman Highest-paid employee | 47 | $102,326 | $47,317 |
| Chris Burgess | Electric Operations Manager Highest-paid employee | 40 | $113,856 | $35,670 |
| Ronnie Jones | Working Foreman Highest-paid employee | 47 | $101,045 | $35,156 |
| Charles W Whisenant | Trustee Trustee or director | 1 | $9,000 | $707 |
| Bill Stricklend | Trustee Trustee or director | 1 | $9,000 | $632 |
| Dianne Prestridge | Trustee Trustee or director | 1 | $9,000 | $482 |
| Janet Bright | Trustee Trustee or director | 1 | $9,000 | $0 |
| Nathan Clark | Trustee Trustee or director | 1 | $9,000 | $0 |
| Tyler Barnes | Trustee Trustee or director | 1 | $9,000 | $0 |
| Ty Smith | Trustee Trustee or director | 1 | $9,000 | $0 |
| Jeff Warren | Trustee Trustee or director | 1 | $9,000 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dewayne Shedd | Trustee Trustee or director | 1 | $9,000 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stacey White | General Manager Officer | 40 | $153,808 | $57,825 |
| Charles W Whisenant | Trustee Trustee or director | 1 | $9,000 | $247 |
| Bill Stricklend | Trustee Trustee or director | 1 | $9,000 | $247 |
| Dianne Prestridge | Trustee Trustee or director | 1 | $9,000 | $247 |
| Janet Bright | Trustee Trustee or director | 1 | $9,000 | $247 |
| Nathan Clark | Trustee Trustee or director | 1 | $9,000 | $247 |
| Tyler Barnes | Trustee Trustee or director | 1 | $9,000 | $247 |
| Ty Smith | Trustee Trustee or director | 1 | $9,000 | $247 |
| Jeff Warren | Trustee Trustee or director | 1 | $9,000 | $247 |
| Dewayne Shedd | Trustee Trustee or director | 1 | $3,750 | $103 |
Address and contacts
- Address (IRS master file)
- PO BOX 770, ARAB, AL 35016-0770
- In care of
- % STACEY WHITE
- Principal officer (990 for 2024)
- Stacey White, PO BOX 770, ARAB, AL 350160770
- Signed the 990
- William Selby, Assistant Manager
- Phone
- (256) 586-3196
- Website
- www.arab-electric.org
Mission
Sell electricity at the lowest feasible rates to our membership.
Program accomplishments
- Arab Electric Cooperative now serves 14,155 residential accounts,2,539 small commercial accounts 179 large commercial accounts as well as 157 lighting accounts for a total number of 17,030 accounts. Arab Electric Cooperative Inc. has 1,281 miles of distribution line that delivers power purchased from the Tennessee Valley Authority TVA to its members.0
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0264087
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $67,979,925
- Income (IRS master file)
- $44,060,230
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $44,060,230 | $44,060,230 | $67,979,925 | IRS |
| 990 | June 2024 | $41,603,242 | $41,603,242 | $65,793,759 | XML |
| 990 | June 2023 | $42,047,974 | $42,047,974 | $60,454,391 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 63-0264087).
Questions about ARAB ELECTRIC COOPERATIVE INC
- What is the EIN of ARAB ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of ARAB ELECTRIC COOPERATIVE INC is 63-0264087.
- Is ARAB ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1955.
- Are donations to ARAB ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARAB ELECTRIC COOPERATIVE INC 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 ARAB ELECTRIC COOPERATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARAB ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ARAB ELECTRIC COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 names Stacey White.
- Who are the officers and directors of ARAB ELECTRIC COOPERATIVE INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 16 received compensation from the organization, the highest $161,607 (Stacey White, General Manager).
- How much revenue does ARAB ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $44,060,230, expenses of $44,060,230 and total assets of $67,979,925 at year end.
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