Civic Intelligence

Alabama Rural Electric Credit Union

EIN 63-0595918 • 501(c)14 • Montgomery, AL

Profile

Credit union - to provide services for approximately 3,719 members in the form of loans, savings, and other financial services.

340 Technacenter DriveMontgomery, AL 36117-0603

www.arecu.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.88x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

16.38x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

51st percentile

11%

Higher net margin than 51% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$48,819

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

61st percentile

2.3%

Faster asset growth than 61% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$34,519,463

Up $765,244 (+2.3%) from 2018

Liabilities

Up

$30,237,798

Up $559,037 (+1.9%) from 2018

Net Assets

Up

$4,281,665

Up $206,207 (+5.1%) from 2018

Revenue

Up

$1,845,551

Up $188,423 (+11%) from 2018

Expenses

Up

$1,639,344

Up $207,835 (+15%) from 2018

Net Income

Down

$206,207

Down $19,412 (-8.6%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2013: $30,019,575Liabilities 2013: $26,567,342Net Assets 2013: $3,452,2332013Assets 2014: $31,265,743Liabilities 2014: $27,739,644Net Assets 2014: $3,526,0992014Assets 2015: $32,082,131Liabilities 2015: $28,476,886Net Assets 2015: $3,605,2452015Assets 2016: $31,638,007Liabilities 2016: $27,938,783Net Assets 2016: $3,699,2242016Assets 2017: $31,950,391Liabilities 2017: $28,100,552Net Assets 2017: $3,849,8392017Assets 2018: $33,754,219Liabilities 2018: $29,678,761Net Assets 2018: $4,075,4582018Assets 2019: $34,519,463Liabilities 2019: $30,237,798Net Assets 2019: $4,281,6652019

Highlighted filing

2019

Assets$34,519,463
Liabilities$30,237,798
Net Assets$4,281,665

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2013: $1,170,609Expenses 2013: $1,121,404Net Income 2013: $49,2052013Revenue 2014: $1,201,873Expenses 2014: $1,128,007Net Income 2014: $73,8662014Revenue 2015: $1,259,524Expenses 2015: $1,180,378Net Income 2015: $79,1462015Revenue 2016: $1,360,716Expenses 2016: $1,266,737Net Income 2016: $93,9792016Revenue 2017: $1,481,804Expenses 2017: $1,331,190Net Income 2017: $150,6142017Revenue 2018: $1,657,128Expenses 2018: $1,431,509Net Income 2018: $225,6192018Revenue 2019: $1,845,551Expenses 2019: $1,639,344Net Income 2019: $206,2072019

Highlighted filing

2019

Revenue$1,845,551
Expenses$1,639,344
Net Income$206,207

Filings