Alabama Rural Electric Association of Cooperatives
AREA is the resource through which its member systems individually and collectively receive services for the advancement of the state’s electric cooperative program. Membership: $3,600 (Associate).
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Energy/Electricity, Governments (Local/State/Federal/Foreign), Utilities, Electricity & Electronics, State
Address:
PO Box 244014
Montgomery, AL 36124-4014
Members:
24 cooperatives and 44 Associate Members
Other Addresses
Address:
340 TechnaCenter Dr., Montgomery AL 36117
Financial Snapshot
Total revenues: $8,464,682
Year - 2024
1st-yr growth
1.29%
Year by Year
Revenue
Membership Dues
Conferences/Meetings
Advertising
Other
Total expenses: $7,832,119
Year - 2024
1st-yr growth
-3.59%
Year by Year
Expenses
Other expenses
Compensation of current officers, directors, etc
Conferences, conventions, meetings
Other
Total assets: $7,437,618
Year - 2024
1st-yr growth
7.94%
Year by Year
Assets
Savings and temporary cash investments
Investments in other securities
Land, buildings, & equipment (net)
Other
Total Liabilities: $1,158,788
Year - 2024
1st-yr growth
-7.36%
Year by Year
Liabilities
Accounts payable and accrued expenses
Other liabilities
Deferred revenue