NonprofitsAlabama Rural Electric Association Of Cooperatives

Alabama Rural Electric Association Of Cooperatives

MONTGOMERY, AL

Total revenue

$8.5M

Total expenses

$7.8M

Net assets

$6.3M

Grants received

$80K

4 grants

EIN

630264081

Tax year

2024

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.

Programs

2 programs

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.

Financials

FY 2024

Revenue

Contributions & grants$3.9M
Program service revenue$4.2M
Investment income$128K
Other revenue$226K
Total revenue$8.5M

Expenses

Grants paid
Salaries & benefits$3.4M
Fundraising
Other expenses$4.4M
Total expenses$7.8M
Total assets$7.4M
Net assets$6.3M

People

50 listed

NameRoleCompensation

Karl Rayborn

President - CEO

Board

$346K

40 hrs/wk

Sean Strickler

VP - Public Affairs

Board

$190K

40 hrs/wk

Brian Matney

VP - CFO

Board

$184K

40 hrs/wk

Matty Garr

VP - Statewide Services

Board

$178K

40 hrs/wk

Lenore Vickrey

VP - Communications

Board

$130K

40 hrs/wk

S Parks Tubbs

Director

Board

$8K

2.46 hrs/wk

Roland Hendon

Director/Vice-Chairman

Board

$8K

2.46 hrs/wk

DR Stallworth Jr

Director

Board

$8K

2.31 hrs/wk

David Hembree

Director

Board

$7K

2.15 hrs/wk

Tommie Werneth

Director

Board

$6K

1.85 hrs/wk

Charles Byrd

Director

Board

$5K

1.38 hrs/wk

Debra Eubanks Baxley

Director

Board

$4K

0.15 hrs/wk

Bruce Boswell

Director

Board

$4K

1.23 hrs/wk

Thomas Duncan

Director

Board

$4K

1.38 hrs/wk

Edward Miller

Director

Board

$4K

1.23 hrs/wk

Ricky Knouff

Director

Board

$4K

1.08 hrs/wk

Allen Lang

Director

Board

$4K

1.08 hrs/wk

Patricia Janasky

Director

Board

$4K

1.08 hrs/wk

James May

Director

Board

$4K

1.08 hrs/wk

Andrew Callaway

Director

Board

$3K

0.92 hrs/wk

John Shewbart

Director

Board

$3K

0.92 hrs/wk

Curt Morris

Director

Board

$3K

0.92 hrs/wk

Mike Hubbard

Director

Board

$3K

0.92 hrs/wk

Terry Edmondson

Director

Board

$3K

1.38 hrs/wk

John Henry

Director

Board

$3K

0.77 hrs/wk

Ronnie Gaylor

Director

Board

$3K

0.77 hrs/wk

Irvin Eatman

Director

Board

$2K

0.62 hrs/wk

Charles W Whisenant

Director

Board

$1K

0.31 hrs/wk

Brad Kimbro

Director

Board

1.23 hrs/wk

Kevin Chandler

Director

Board

1.23 hrs/wk

Randall Wilkie

Director

Board

1.23 hrs/wk

Karen Moore

Director

Board

1.23 hrs/wk

John Cullimore

Director

Board

0.62 hrs/wk

Jeff Hodges

Director

Board

1.23 hrs/wk

Scott Bobo

Director

Board

1.23 hrs/wk

Stacey White

Director/Secretary/Treasurer

Board

1.23 hrs/wk

Britton Lightsey

Director

Board

1.23 hrs/wk

Steve Sheffield

Director

Board

1.23 hrs/wk

Terry Moseley

Director

Board

1.23 hrs/wk

Tim Culpepper

Director

Board

1.23 hrs/wk

Gena Hall

Director

Board

0.31 hrs/wk

Tom Stackhouse

Director

Board

1.23 hrs/wk

Gene Kanikovsky

Director

Board

1.23 hrs/wk

Robby Jones

Director

Board

0.62 hrs/wk

Vince Johnson

Director/Chairman

Board

2.15 hrs/wk

Gary Smith

Director

Board

1.23 hrs/wk

Gary Harrison

Director

Board

1.23 hrs/wk

Mark Parker

Director

Board

1.23 hrs/wk

David Bailey

Director

Board

1.23 hrs/wk

Daryl Jones

Director

Board

2.15 hrs/wk

Independent contractors

United States Postal Service

Postage

$1.2M

Freeport Press

Printing

$1.0M

Graphic Communications

Paper

$652K

TVPPA

Training

$390K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$23K
EDUCATIONAL FUND-AREA SUMMER CONFERENCE
2024
$23K
EDUCATIONAL FUND-AREA SUMMER CONFERENCE
2023
$17K
EDUCATIONAL FUND-AREA SUMMER CONFERENCE
2022
$17K
EDUCATIONAL FUND-AREA SUMMER CONFERENCE
2021

Funded by

$80K from 1 funder · 4 grants · 2021–2024

National Rural Utilities Cooperative

$80K · 4 grants · 2021–2024

Details

EIN630264081
Subsection06
Ruling date1954-04
Formed1947
Employees22
Volunteers0
ALABAMA RURAL ELECTRIC ASSOCIATION OF COOPERATIVES — Mission, Financials & Grants Received | Grantivo