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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Alabama Rural Electric Credit Union

Alabama Rural Electric Credit Union

Fiscal year ending 2019. Filed on April 23, 2020.

340 Technacenter Drive
Montgomery, Alabama 36117

Alabama Rural Electric Credit Union (EIN: 63-0595918) has filed an IRS Form 990 from fiscal year 2016–2019. In its fiscal year 2019 IRS Form 990 filing, Alabama Rural Electric Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 5 out of 10 total employees. Among the employees shown here, the average compensation is $38,403. The highest compensated employee at Alabama Rural Electric Credit Union is Jane J Boysen with fiscal year 2019 compensation of $48,819.

Revenue, expenses, and employee compensation

Revenue

$1,845,551

Expenses

$1,639,344

Employee compensation

$672,900
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jane J Boysen
President and Chief Executive Officer
$48,819
$33,061 No related comp$15,758
Cecilia Waits
Vice President
$27,986
$15,742 No related comp$12,244
Kim Carter
Supervisory Committee Member
$0
Mike Barlow
Supervisory Committee Member
$0
Kim Lyles Maye
Supervisory Committee Member
$0

Benchmark Employee Compensation

Non-Employee Board Members

David Loe
Board Vice Chair
Elaine Barrow
Board Secretary
Fred Braswell
Board Member
Jeff Hodges
Board Chair
Rita Kelley
Board Treasurer
Scott Bobo
Board Member
Steve Sheffield
Board Member

Mission Statement

CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 3,723 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.

Revisions to this organization profile

April 23, 2020:
2019 Alabama Rural Electric Credit Union 990 filed
May 15, 2019:
2018 Alabama Rural Electric Credit Union 990 filed
April 11, 2017:
2016 Alabama Rural Electric Credit Union 990 filed

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