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Employer Identification Number 63-0264087

ARAB ELECTRIC COOPERATIVE INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:ARAB ELECTRIC COOPERATIVE INC
Employer identification number (EIN):63-0264087
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementSale of electricity & electric services
Number of Employees27
Number of Volunteers0
Year Formed1947

Organization Governance

Legal DomicileAL
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2024-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 40,008,641
Program Service Revenue from current yearUSD $ 40,007,011
Investment Income from prior yearUSD $ 530,388
Investment Income from current yearUSD $ 577,047
Other Revenue from prior yearUSD $ 1,508,945
Other Revenue from current yearUSD $ 1,019,184
Gross receipts from all sourcesUSD $ 41,603,242
Net assets / fund balances at end of fiscal yearUSD $ 48,412,156
Net assets / fund balances at beginning of fiscal yearUSD $ 46,143,863
Total liabilities at end of fiscal yearUSD $ 17,381,603
Total liabilities at beginning of fiscal yearUSD $ 14,310,528
Total assets at end of fiscal yearUSD $ 65,793,759
Total assets at beginning of fiscal yearUSD $ 60,454,391
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 41,603,242
Total expenses for previous yearUSD $ 42,047,974
Other expenses in current yearUSD $ 39,264,778
Other expenses in previous yearUSD $ 38,990,954
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 289,462
Employee salary and benefits paid in previous yearUSD $ 265,171
Benefits paid to or for members in current yearUSD $ 2,049,002
Benefits paid to or for members in previous yearUSD $ 2,791,849
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,603,242
Total revenue in previous fiscal yearUSD $ 42,047,974
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 12,000
2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 37,712,119
Program Service Revenue from current yearUSD $ 40,008,641
Investment Income from prior yearUSD $ 5,076
Investment Income from current yearUSD $ 530,388
Other Revenue from prior yearUSD $ 837,935
Other Revenue from current yearUSD $ 1,508,945
Gross receipts from all sourcesUSD $ 42,047,974
Net assets / fund balances at end of fiscal yearUSD $ 46,143,863
Net assets / fund balances at beginning of fiscal yearUSD $ 43,121,783
Total liabilities at end of fiscal yearUSD $ 14,310,528
Total liabilities at beginning of fiscal yearUSD $ 15,041,628
Total assets at end of fiscal yearUSD $ 60,454,391
Total assets at beginning of fiscal yearUSD $ 58,163,411
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 42,047,974
Total expenses for previous yearUSD $ 38,555,130
Other expenses in current yearUSD $ 38,990,954
Other expenses in previous yearUSD $ 35,529,023
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 265,171
Employee salary and benefits paid in previous yearUSD $ 231,981
Benefits paid to or for members in current yearUSD $ 2,791,849
Benefits paid to or for members in previous yearUSD $ 2,794,126
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 42,047,974
Total revenue in previous fiscal yearUSD $ 38,555,130
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 658,345
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,557,712
Program Service Revenue from current yearUSD $ 37,712,119
Investment Income from prior yearUSD $ 47,146
Investment Income from current yearUSD $ 5,076
Other Revenue from prior yearUSD $ 690,565
Other Revenue from current yearUSD $ 837,935
Gross receipts from all sourcesUSD $ 38,555,130
Net assets / fund balances at end of fiscal yearUSD $ 43,121,783
Net assets / fund balances at beginning of fiscal yearUSD $ 40,478,328
Total liabilities at end of fiscal yearUSD $ 15,041,628
Total liabilities at beginning of fiscal yearUSD $ 10,501,873
Total assets at end of fiscal yearUSD $ 58,163,411
Total assets at beginning of fiscal yearUSD $ 50,980,201
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 38,555,130
Total expenses for previous yearUSD $ 35,295,423
Other expenses in current yearUSD $ 35,529,023
Other expenses in previous yearUSD $ 32,639,665
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 231,981
Employee salary and benefits paid in previous yearUSD $ 191,094
Benefits paid to or for members in current yearUSD $ 2,794,126
Benefits paid to or for members in previous yearUSD $ 2,464,664
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 38,555,130
Total revenue in previous fiscal yearUSD $ 35,295,423
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 7,564
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,441,097
Program Service Revenue from current yearUSD $ 34,557,712
Investment Income from prior yearUSD $ 135,783
Investment Income from current yearUSD $ 47,146
Other Revenue from prior yearUSD $ 1,162,397
Other Revenue from current yearUSD $ 690,565
Gross receipts from all sourcesUSD $ 35,295,423
Net assets / fund balances at end of fiscal yearUSD $ 40,478,328
Net assets / fund balances at beginning of fiscal yearUSD $ 38,920,280
Total liabilities at end of fiscal yearUSD $ 10,501,873
Total liabilities at beginning of fiscal yearUSD $ 9,165,147
Total assets at end of fiscal yearUSD $ 50,980,201
Total assets at beginning of fiscal yearUSD $ 48,085,427
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 35,295,423
Total expenses for previous yearUSD $ 35,739,277
Other expenses in current yearUSD $ 32,639,665
Other expenses in previous yearUSD $ 34,597,903
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 191,094
Employee salary and benefits paid in previous yearUSD $ 152,766
Benefits paid to or for members in current yearUSD $ 2,464,664
Benefits paid to or for members in previous yearUSD $ 988,608
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 35,295,423
Total revenue in previous fiscal yearUSD $ 35,739,277
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,637,351
Program Service Revenue from current yearUSD $ 35,775,858
Investment Income from prior yearUSD $ 72,825
Investment Income from current yearUSD $ 200,046
Other Revenue from prior yearUSD $ 634,485
Other Revenue from current yearUSD $ 638,635
Gross receipts from all sourcesUSD $ 36,614,539
Net assets / fund balances at end of fiscal yearUSD $ 35,795,154
Net assets / fund balances at beginning of fiscal yearUSD $ 34,877,547
Total liabilities at end of fiscal yearUSD $ 9,333,548
Total liabilities at beginning of fiscal yearUSD $ 9,212,647
Total assets at end of fiscal yearUSD $ 45,128,702
Total assets at beginning of fiscal yearUSD $ 44,090,194
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 36,614,539
Total expenses for previous yearUSD $ 36,344,661
Other expenses in current yearUSD $ 35,421,058
Other expenses in previous yearUSD $ 35,836,584
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 274,804
Employee salary and benefits paid in previous yearUSD $ 385,878
Benefits paid to or for members in current yearUSD $ 918,677
Benefits paid to or for members in previous yearUSD $ 122,199
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 36,614,539
Total revenue in previous fiscal yearUSD $ 36,344,661
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 311
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,147,141
Program Service Revenue from current yearUSD $ 35,637,351
Investment Income from prior yearUSD $ 57,410
Investment Income from current yearUSD $ 72,825
Other Revenue from prior yearUSD $ 5,961,153
Other Revenue from current yearUSD $ 634,485
Gross receipts from all sourcesUSD $ 36,344,661
Net assets / fund balances at end of fiscal yearUSD $ 34,877,547
Net assets / fund balances at beginning of fiscal yearUSD $ 40,077,459
Total liabilities at end of fiscal yearUSD $ 9,212,647
Total liabilities at beginning of fiscal yearUSD $ 7,957,458
Total assets at end of fiscal yearUSD $ 44,090,194
Total assets at beginning of fiscal yearUSD $ 48,034,917
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 1,880,967
Total expenses for current yearUSD $ 36,344,661
Total expenses for previous yearUSD $ 39,286,010
Other expenses in current yearUSD $ 35,836,584
Other expenses in previous yearUSD $ 38,046,474
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 385,878
Employee salary and benefits paid in previous yearUSD $ 1,239,536
Benefits paid to or for members in current yearUSD $ 122,199
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 36,344,661
Total revenue in previous fiscal yearUSD $ 41,166,977
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 1,273
Total of other revenueUSD $ 155,000
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 33,923,499
Program Service Revenue from current yearUSD $ 35,147,141
Investment Income from prior yearUSD $ 44,681
Investment Income from current yearUSD $ 57,410
Other Revenue from prior yearUSD $ 845,542
Other Revenue from current yearUSD $ 5,961,153
Gross receipts from all sourcesUSD $ 41,166,977
Net assets / fund balances at end of fiscal yearUSD $ 40,077,459
Net assets / fund balances at beginning of fiscal yearUSD $ 38,196,492
Total liabilities at end of fiscal yearUSD $ 7,957,458
Total liabilities at beginning of fiscal yearUSD $ 8,512,494
Total assets at end of fiscal yearUSD $ 48,034,917
Total assets at beginning of fiscal yearUSD $ 46,708,986
Revenues less expenses for current yearUSD $ 1,880,967
Revenues less expenses for previous yearUSD $ 2,809,290
Total expenses for current yearUSD $ 39,286,010
Total expenses for previous yearUSD $ 32,008,007
Other expenses in current yearUSD $ 38,046,474
Other expenses in previous yearUSD $ 30,798,162
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,239,536
Employee salary and benefits paid in previous yearUSD $ 1,209,845
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,166,977
Total revenue in previous fiscal yearUSD $ 34,817,297
Contributions and grants from current yearUSD $ 1,273
Contributions and grants from previous yearUSD $ 3,575
Revenue from membership duesUSD $ 1,273
Total of other revenueUSD $ 5,313,576
2016-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,385,627
Program Service Revenue from current yearUSD $ 33,923,499
Investment Income from prior yearUSD $ 125,495
Investment Income from current yearUSD $ 44,681
Other Revenue from prior yearUSD $ 633,638
Other Revenue from current yearUSD $ 845,542
Gross receipts from all sourcesUSD $ 34,817,297
Net assets / fund balances at end of fiscal yearUSD $ 38,196,492
Net assets / fund balances at beginning of fiscal yearUSD $ 35,387,202
Total liabilities at end of fiscal yearUSD $ 8,512,494
Total liabilities at beginning of fiscal yearUSD $ 9,123,821
Total assets at end of fiscal yearUSD $ 46,708,986
Total assets at beginning of fiscal yearUSD $ 44,511,023
Revenues less expenses for current yearUSD $ 2,809,290
Revenues less expenses for previous yearUSD $ 1,114,010
Total expenses for current yearUSD $ 32,008,007
Total expenses for previous yearUSD $ 35,032,738
Other expenses in current yearUSD $ 30,798,162
Other expenses in previous yearUSD $ 33,931,841
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,209,845
Employee salary and benefits paid in previous yearUSD $ 1,100,897
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 34,817,297
Total revenue in previous fiscal yearUSD $ 36,146,748
Contributions and grants from current yearUSD $ 3,575
Contributions and grants from previous yearUSD $ 1,988
Revenue from membership duesUSD $ 3,575
Total of other revenueUSD $ 208,943
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,258,256
Program Service Revenue from current yearUSD $ 35,385,627
Investment Income from prior yearUSD $ 30,236
Investment Income from current yearUSD $ 125,495
Other Revenue from prior yearUSD $ 645,829
Other Revenue from current yearUSD $ 633,638
Gross receipts from all sourcesUSD $ 36,146,748
Net assets / fund balances at end of fiscal yearUSD $ 35,387,202
Net assets / fund balances at beginning of fiscal yearUSD $ 34,273,192
Total liabilities at end of fiscal yearUSD $ 9,123,821
Total liabilities at beginning of fiscal yearUSD $ 7,360,206
Total assets at end of fiscal yearUSD $ 44,511,023
Total assets at beginning of fiscal yearUSD $ 41,633,398
Revenues less expenses for current yearUSD $ 1,114,010
Revenues less expenses for previous yearUSD $ 1,550,344
Total expenses for current yearUSD $ 35,032,738
Total expenses for previous yearUSD $ 34,387,173
Other expenses in current yearUSD $ 33,931,841
Other expenses in previous yearUSD $ 33,413,984
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,100,897
Employee salary and benefits paid in previous yearUSD $ 973,189
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 36,146,748
Total revenue in previous fiscal yearUSD $ 35,937,517
Contributions and grants from current yearUSD $ 1,988
Contributions and grants from previous yearUSD $ 3,196
Revenue from membership duesUSD $ 1,988
Total of other revenueUSD $ 5,704

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 630264087

USA Mailing Address
PO BOX 770
ARAB
AL
35016
Date first seen: 2008-07-01
Date last seen: 2024-09-30
USA Mailing Address
PO BOX 770
ARAB
AL
350160770
Date first seen: 2022-11-10
Date last seen: 2024-11-05

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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