NonprofitsSomerset Rural Electric Cooperative Inc

Somerset Rural Electric Cooperative Inc

SOMERSET, PA

Total revenue

$28.2M

Total expenses

$25.3M

Net assets

$41.2M

Grants received

EIN

250807950

Tax year

2024

Mission

Provide electric service to members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$28.1M
Investment income$39K
Other revenue
Total revenue$28.2M

Expenses

Grants paid
Salaries & benefits$362K
Fundraising
Other expenses$24.9M
Total expenses$25.3M
Total assets$52.0M
Net assets$41.2M

People

14 listed

NameRoleCompensation

JASON HUSTON

DIRECTOR

Board

$7K

2 hrs/wk

PAUL VOUGHT

DIRECTOR

Board

$7K

2 hrs/wk

RUSS HILLEGAS

DIRECTOR

Board

$6K

2 hrs/wk

JERRY L ENGLE

PRESIDENT

Board

$6K

2 hrs/wk

HARVEY RECKNER

DIRECTOR

Board

$5K

2 hrs/wk

JOSH SECHLER

DIRECTOR

Board

$5K

2 hrs/wk

LOWELL L FRIEDLINE

SECRETARY/TR

Board

$5K

2 hrs/wk

FLOYD LEHMAN

DIRECTOR

Board

$5K

2 hrs/wk

JAMES HARROLD

DIRECTOR

Board

$3K

2 hrs/wk

RUSTON OGBURN

GENERAL MANA

Staff

$255K

40 hrs/wk

ROY BITTNER

EMPLOYEE

Staff

$129K

45 hrs/wk

BRYAN SCHROCK

EMPLOYEE

Staff

$127K

45 hrs/wk

PHIL MARTZ

EMPLOYEE

Staff

$119K

45 hrs/wk

BRIAN MARKER

EMPLOYEE

Staff

$119K

45 hrs/wk

Independent contractors

B&L TREE SERVICE

TREE/RIGHT OF W

$1.4M

RIDGETOP TREE SERVICE

TREE/RIGHT OF W

$321K

Details

EIN250807950
Subsection12
Ruling date1943-02
Employees47
SOMERSET RURAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo