Aluminoborane compounds AlB4H11, AlB5H12, and AlB6H13 were reported by Himpsl and Bond in 1981, but they have eluded the attention of the worldwide hydrogen storage research community for more than a quarter of a century. These aluminoborane compounds have very attractive properties for hydrogen storage: high hydrogen capacity (i.e., 13.5, 12.9, and 12.4 wt % H, respectively) and attractive hydrogen desorption temperature (i.e., AlB4H11 decomposes at ∼125 °C). We have synthesized AlB4H11 and studied its thermal desorption behavior using temperature-programmed desorption with mass spectrometry, gas volumetric (Sieverts) measurement, infrared (IR) spectroscopy, and solid state nuclear magnetic resonance (NMR). Rehydrogenation of hydrogen-desorbed products was performed and encouraging evidence of at least partial reversibility for hydrogenation at relatively mild conditions is observed. Our chemical analysis indicates that the formula for the compound is closer to AlB4H12 than AlB4H11.