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ARAB ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

ARAB ELECTRIC COOPERATIVE INC

EIN 63-0264087 · Mutual & Membership Benefit (Y)

What they do

Arab Electric Cooperatives Most Significant Activities and Mission Include The Sale of Electricity At The Lowest Feasible Rates to Its Membership.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 leaders16 people are listed in the latest report.

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

Money made simple

$100.00spent for every $100 of revenueRevenue covered expenses this year.
2.50%of revenue went to management and office costs2.6% of expenses
$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  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 $223,369 for STACEY WHITE (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

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.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,166,977
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$1,028,0232.50% of revenue2.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$1,880,9674.57% of revenueShown in gray on the chart
Total expenses$39,286,01095.43% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$44,060,230
Expenses$44,060,230

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$1,028,023 · 2.3% of expenses
See all reported dollar amounts
Revenue$44,060,230
Expenses$44,060,230
Assets$67,979,925
Income$44,060,230
Stocks and bonds$3,351,622
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
STACEY WHITEGENERAL MANAGER · 40 hrs/week $223,369Base $161,607 · Other $61,762
JERRY WILLISSTAKING ENGINEER · 40 hrs/week $173,394Base $118,998 · Other $54,396
SETH SELBYASSISTANT MANAGER · 40 hrs/week $154,772Base $103,956 · Other $50,816
RYAN ALEXANDERSUBSTATION OPERATIONS AND MAINTENANCE COORDINATOR · 47 hrs/week $154,542Base $107,225 · Other $47,317
RUSSELL PARSONSWORKING FOREMAN · 47 hrs/week $149,643Base $102,326 · Other $47,317
CHRIS BURGESSELECTRIC OPERATIONS MANAGER · 40 hrs/week $149,526Base $113,856 · Other $35,670
RONNIE JONESWORKING FOREMAN · 47 hrs/week $136,201Base $101,045 · Other $35,156
CHARLES W WHISENANTTRUSTEE · 1 hrs/week $9,707Base $9,000 · Other $707
BILL STRICKLENDTRUSTEE · 1 hrs/week $9,632Base $9,000 · Other $632
DIANNE PRESTRIDGETRUSTEE · 1 hrs/week $9,482Base $9,000 · Other $482
DEWAYNE SHEDDTRUSTEE · 1 hrs/week $9,000
JANET BRIGHTTRUSTEE · 1 hrs/week $9,000

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 (16)

STACEY WHITEGENERAL MANAGER

JERRY WILLISSTAKING ENGINEER

SETH SELBYASSISTANT MANAGER

RYAN ALEXANDERSUBSTATION OPERATIONS AND MAINTENANCE COORDINATOR

RUSSELL PARSONSWORKING FOREMAN

CHRIS BURGESSELECTRIC OPERATIONS MANAGER

RONNIE JONESWORKING FOREMAN

CHARLES W WHISENANTTRUSTEE

BILL STRICKLENDTRUSTEE

DIANNE PRESTRIDGETRUSTEE

DEWAYNE SHEDDTRUSTEE

JANET BRIGHTTRUSTEE

JEFF WARRENTRUSTEE

NATHAN CLARKTRUSTEE

TY SMITHTRUSTEE

TYLER BARNESTRUSTEE

About this charity

Recognized since
January 1955
Location
PO BOX 770, ARAB, AL 350160770
County
Marshall
In care of
William Selby
Primary officer
William Selby, Assistant Manager

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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

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