NonprofitsRea Energy Cooperative Inc

Rea Energy Cooperative Inc

INDIANA, PA

Total revenue

$55.3M

Total expenses

$50.8M

Net assets

$87.0M

Grants received

EIN

250809685

Tax year

2024

Mission

Rea's mission is to provide electricity to members in rural pennsylvania on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$52.6M
Investment income$385K
Other revenue$2.3M
Total revenue$55.3M

Expenses

Grants paid
Salaries & benefits$712K
Fundraising
Other expenses$48.7M
Total expenses$50.8M
Total assets$162.7M
Net assets$87.0M

People

15 listed

NameRoleCompensation

CHAD CARRICK

PRESIDENT AND CEO

Board

$384K

55 hrs/wk

THOMAS BERENSNYAK

DIRECTOR

Board

$24K

4 hrs/wk

MICHAEL BERTOLINO

CHAIRMAN

Board

$24K

6.5 hrs/wk

WAYNE FARABAUGH

VICE CHAIRMAN

Board

$24K

3 hrs/wk

ROBERT NEESE

SECRETARY/TREASURER

Board

$23K

6 hrs/wk

JOHN LEARN

DIRECTOR

Board

$22K

4 hrs/wk

SANDRA K DILL

DIRECTOR

Board

$21K

3 hrs/wk

ANTHONY ENCISO

DIRECTOR

Board

$21K

5 hrs/wk

THOMAS AURANDT

DIRECTOR

Board

$21K

5 hrs/wk

JAMES SHOPE

DIRECTOR

Board

$20K

5 hrs/wk

BARRY BAKER

OPERATIONS MANAGER

Staff

$162K

50 hrs/wk

MATT BUMBARGER

LINEMAN

Staff

$161K

55 hrs/wk

ASHLEY JABLUNOVSKY

LINEMAN

Staff

$158K

50 hrs/wk

ZACH RUSNAK

LINEMAN

Staff

$154K

50 hrs/wk

BRIAN BURNS

ENGINEERING TECHNICIAN

Staff

$152K

50 hrs/wk

Independent contractors

PENN LINE SERVICE

UTILITY CONTRACTING

$4.4M

BNF POWERLINE CONSTRUCTION

LINE SERVICES

$1.4M

TUNEFUL EXHAUST WORKS LLC

MECHANIC

$242K

Details

EIN250809685
Subsection12
Ruling date1937-12
Formed1937
Employees80
Volunteers0
REA ENERGY COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo