Alabama Rural Credit Corporation

Fiscal year ending 2018. Filed on October 10, 2019.

2835 Zelda Road
Montgomery, Alabama 36106

Alabama Rural Credit Corporation (EIN: 63-0597956) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Alabama Rural Credit Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 1 out of 1 total employees. Among the employees shown here, the average compensation is $58,328. The highest compensated employee at Alabama Rural Credit Corporation is Fred Lovvorn with fiscal year 2018 compensation of $58,328. Alabama Rural Credit Corporation changed its name from Alabama Rural Rehabilitation Corporation in 2022.

Revenue, expenses, and employee compensation

Revenue

$371,517

Expenses

$198,114

Employee compensation

$62,883
Revenue, expenses, and employee compensation over time

Mission Statement

TO PROMOTE THE DEVELOPMENT OF COMMUNITIES, MUNICIPALITIES AND COUNTIES IN ALABAMA AND FOR THE PROMOTION OF OTHER PUBLIC PURPOSES BY MAKING LOANS AND GIVING FINANCIAL ASSISTANCE TO RURAL INDIVIDUALS AND FAMILIES TO ENABLE THEM TO PURCHASE REAL ESTATE OR MAKE IMPROVEMENTS TO THEIR REAL ESTATE.

Revisions to this organization profile

November 13, 2025:
2024 Alabama Rural Credit Corporation 990 filed
November 15, 2024:
2023 Alabama Rural Credit Corporation 990 filed
November 13, 2023:
2022 Alabama Rural Credit Corporation 990 filed

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