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ELECTRIC COOPERATIVES HEALTH BENEFITS PLAN

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Public IRS 990 nonprofit record

ELECTRIC COOPERATIVES HEALTH BENEFITS PLAN

EIN 26-2483511 · Voluntary Employees Beneficiary Associations (Non-Government) (Y43)

What they do

COLLECTION of PARTICIPATING EMPLOYER CONTRIBUTIONS to FUND HEALTH and WELFARE PLAN. FUNDS ARE USED to PAY HEALTH CLAIMS COSTS and ADMINISTRATIVE EXPENSES of OPERATION of THE PLAN.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$94.41spent for every $100 of revenueRevenue covered expenses this year.
$0.17in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $109,091 for KARL RAYBORN (TREASURER). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$42,852,697
Expenses$40,457,053
Annual surplus $2,395,644 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$42,852,697
Expenses$40,457,053
Assets$6,803,676
Income$42,852,697
Stocks and bonds$2,332,145
Accounting fees$27,140
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KARL RAYBORNTREASURER · 1 hrs/week $109,091Base · Other $109,091
BRIAN MATNEYADMINISTRATOR · 1 hrs/week $63,025Base · Other $63,025

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

KARL RAYBORNTREASURER

BRIAN MATNEYADMINISTRATOR

LOUIE WARDTRUSTEE

VINCE JOHNSONTRUSTEE

TOM STACKHOUSETRUSTEE

TIM CULPEPPERTRUSTEE

TERRY MOSELEYTRUSTEE

STACEY WHITEVICE CHAIRMAN

SHAWN WALLINGTRUSTEE

SCOTT SEAYTRUSTEE

SCOTT BOBOTRUSTEE

MARK PARKERTRUSTEE

BRITTON LIGHTSEYTRUSTEE

BRAD KIMBROSECRETARY

JON CULLIMORETRUSTEE

JOHN BARTLEYTRUSTEE

JEFF HODGESTRUSTEE

GENE KANIKOVSKYTRUSTEE

GENA HALLTRUSTEE

GARY SMITHTRUSTEE

DAVID BAILEYCHAIRMAN

DARYL JONESTRUSTEE

About this charity

Recognized since
January 2010
Location
340 TECHNACENTER DR, MONTGOMERY, AL 36117-6031
County
Montgomery
In care of
% KARL RAYBORN
Primary officer
BRIAN MATNEY, ADMINISTRATOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CRI ADVISORS LLC
NTEE classification
Voluntary Employees Beneficiary Associations (Non-Government) (Y43)
IRS tax category
Voluntary Employees Beneficiary Associations (Non-Government)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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