CSCharityScored
56

Alabama Rural Electric Association Of Cooperatives

Other · Montgomery, Alabama

340 Technacenter Dr, Montgomery, AL 36117-6031

EIN: 630264081· Founded: Apr 1954· 72 years active· Filing Year: 2023

Annual Revenue

$8.4M

Total Expenses

$8.1M

Total Assets

$6.9M

Program Spending

52%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.5M

18.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$570K

Total Payroll

$2.1M

25% of total expenses

Where the Money Goes

52%
Programs: 52%
Payroll: 25%
Other overhead: 48%
Program Revenue$4.2M (50%)
Total Expenses$8.1M (97%)
Payroll$2.1M (25%)
Overhead (non-program)48%

Trust Score Breakdown

Program Spending Ratio

52% of expenses go to programs

40%

Revenue & Stability

$8.4M annual revenue

15%

Executive Compensation

$1.5M total officer comp (18.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.