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Electric Cooperatives Voluntary Employees Beneficiary Association

501(c)
DBA: % KARL RAYBORN
Other · MONTGOMERY, AL · EIN 26-2483511

About

Collection of participating employer contributions to fund health and welfare plan. Funds are used to pay health claims costs and administrative expenses of operation of the plan.

In care of KARL Rayborn

Donations are NOT tax-deductible
Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2022-12-31
Revenue
$33.9M
Expenses
$34.4M
Assets
$3.5M
Liabilities
$3.1M

Financial history

$34.4M$17.2M$0
16171819202122
RevenueExpenses
Latest FY2022: $33.9M · Avg: $27.0M
ELECTRIC COOPERATIVES VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION
Your actions

Address

340 Technacenter DR
Montgomery, AL, 36117-603

Governance

Voting board members20
Independent members20
Conflict-of-interest policyNo
Whistleblower policyNo
Doc-retention policyNo
Audit committeeNo
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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