NonprofitsHarrison Rural Electrification Association Inc

Harrison Rural Electrification Association Inc

CLARKSBURG, WV

Total revenue

$22.1M

Total expenses

$13.4M

Net assets

$34.2M

Grants received

EIN

550189745

Tax year

2024

Mission

Harrison rural electrification association's (hrea) sole purpose is to provide its members with the lowest cost electricity available.

Programs

3 programs

Hrea contributes to and mails to customers a monthly magazine called country living which has a section titled "illuminator" in order to keep customers appraised of current electric issues and issues affecting their co-op.

Hrea is involved with the community by making various donations to organizations.

Hrea makes annual trips to local schools promoting safety and participates with other area organizations.

Financials

FY 2024

Revenue

Contributions & grants$7.3M
Program service revenue$14.9M
Investment income
Other revenue$62K
Total revenue$22.1M

Expenses

Grants paid
Salaries & benefits$2.8M
Fundraising
Other expenses$10.6M
Total expenses$13.4M
Total assets$54.5M
Net assets$34.2M

People

9 listed

NameRoleCompensation

TERRY STOUT

CEO/GENERAL

Board

$167K

40 hrs/wk

GLENN COX JR

BOARD MEMBER

Board

$8K

1.25 hrs/wk

JEFF NELSON

BOARD MEMBER

Board

$6K

1.25 hrs/wk

C BROOKS SHARP

PRESIDENT

Board

$3K

1.25 hrs/wk

WILLIAM SUAN

BOARD MEMBER

Board

$3K

1.25 hrs/wk

GREG ROBERTSON

VICE PRESIDE

Board

$3K

1.25 hrs/wk

RONALD WATSON

BOARD MEMBER

Board

$3K

1.25 hrs/wk

PHILIP MACMILLAN

BOARD MEMBER

Board

$2K

1.25 hrs/wk

TY CHAPMAN

OPERATIONS M

Staff

$102K

Independent contractors

THAYER POWER & COM LINE CONSTRUCTION

CONSTRUCTION

$4.3M

CW WRIGHT CONSTRUCTION INC

CONSTRUCTION

$1.2M

PATHWAY CONSTRUCTION LLC

CONSTRUCTION

$800K

FILA'S TREE SERVICE

ROW MAINT

$688K

GILLESPIE FLYING SERVICES

ROW MAINTENANCE

$282K

Details

EIN550189745
Subsection12
Ruling date1938-10
Formed1938
Employees23
HARRISON RURAL ELECTRIFICATION ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo