NonprofitsBedford Rural Electric Cooperative Inc

Bedford Rural Electric Cooperative Inc

BEDFORD, PA

Total revenue

$10.6M

Total expenses

$10.6M

Net assets

$35.9M

Grants received

EIN

230394875

Tax year

2024

Mission

Distribution of electricity to members in rural areas of bedford county, pa on a cooperative basis.

Programs

1 program

Distribution of electricity to member/owners in rural bedford, pa on a cooperative basis

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$42K
Other revenue$10.5M
Total revenue$10.6M

Expenses

Grants paid
Salaries & benefits$522K
Fundraising
Other expenses$8.0M
Total expenses$10.6M
Total assets$69.3M
Net assets$35.9M

People

16 listed

NameRoleCompensation

BROOKS SHOEMAKER

GENERAL MANAGER & CEO

Board

$221K

40 hrs/wk

BRENT KAUFFMAN

FINANCE & ACCOUNTING MANAG

Board

$117K

40 hrs/wk

BRIAN HOOVER

DIRECTOR

Board

$6K

5 hrs/wk

DALE SPRIGG II

DIRECTOR

Board

$6K

5 hrs/wk

TROY MICKLE

DIRECTOR

Board

$6K

5 hrs/wk

PAUL RUMMEL JR

SECRETARY

Board

$6K

5 hrs/wk

EARL GARLAND

DIRECTOR

Board

$6K

5 hrs/wk

REUBEN LAFFERTY

TREASURER

Board

$6K

5 hrs/wk

RONALD WILKINS

PRESIDENT

Board

$4K

5 hrs/wk

TRAVIS WIGFIELD

DIRECTOR

Board

$4K

5 hrs/wk

DONALD HOENSTINE

VICE PRESIDENT

Board

$4K

5 hrs/wk

RYAN YOUNG

OPERATIONS & ENGINEERING M

Staff

$139K

40 hrs/wk

TIMOTHY SHOOK

LINE SUPERINTENDENT

Staff

$115K

40 hrs/wk

BRAD GLESSNER

WORKING FOREMAN

Staff

$109K

40 hrs/wk

GARY LAFFERTY

WORKING FOREMAN

Staff

$108K

40 hrs/wk

WADE MELLOTT

I.T. MANAGER

Staff

$107K

40 hrs/wk

Independent contractors

RT CONTRACTING

GENERAL CONTRACTOR

$2.3M

B&L TREE SERVICE

ROW TRIMMING

$1.4M

FACTECH INC

PROJECT MANAGEMENT

$485K

Details

EIN230394875
Subsection12
Ruling date1940-10
Formed1939
Employees28
Volunteers0
BEDFORD RURAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo