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Filing year 2024

Alabama Rural Electric Association of Cooperatives

Montgomery, Alabama·EIN 63-0264081·501(c)(6)
Total revenue
$8.5M
Total assets
$7.4M
Total expenses
$7.8M
Reported officers
53
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 28 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President - CEO
Above 90th percentile
$643k
$682k
Base
$322k
Bonus
Other
$24k
Benefits
$26k
VP - Public Affairs
Vice President
Above 90th percentile
$279k
$295k
Base
$167k
Bonus
$8k
Other
$15k
Benefits
$9k
VP - Statewide Services
Vice President
75th to 90th percentile
$216k
$230k
Base
$169k
Bonus
$5k
Other
$3k
Benefits
$670
VP - CFO
75th to 90th percentile
$204k
$216k
Base
$168k
Bonus
$15k
Other
$503
Benefits
$4k
VP - Communications
Vice President
75th to 90th percentile
$179k
$190k
Base
$122k
Bonus
$3k
Other
$6k
Benefits
$235
Director/vice-chairman
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k
Director
Board Member
25th percentile to median
$7k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 unpaid individuals.

Up 11%
from 2023

From $577k in 2023 to $643k in 2024.

$577k
2023
$643k
2024
In today's dollarsEst.
Up 8% in real terms$630k to $682k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 1%.

$577k in 2023 to $643k in 2024.
  • Vice President pay rose 9% from 2023 to 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Alabama Rural Electric Association of Cooperatives reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.4M
$8.1M
2023
$8.5M
$7.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Alabama Rural Electric Association of Cooperatives

What does the Chief Executive Officer of Alabama Rural Electric Association of Cooperatives earn?

In 2024, the Chief Executive Officer of Alabama Rural Electric Association of Cooperatives received $643,274 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Alabama Rural Electric Association of Cooperatives compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Alabama Rural Electric Association of Cooperatives falls in the top 10%.

What are Alabama Rural Electric Association of Cooperatives's revenue and expenses?

In 2024, Alabama Rural Electric Association of Cooperatives reported $8.5M in total revenue and $7.8M in total expenses on its IRS Form 990.

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