Overview
What is Bedford Rural Electric Cooperative Inc?
Bedford Rural Electric Cooperative Inc, based in Bedford County, Pennsylvania, is a nonprofit organization dedicated to supplying electricity to its member-owners residing in rural areas. With a mission to serve its community on a cooperative basis, the cooperative provides essential electric power to its members, fostering a sense of unity and shared responsibility among its members. The organization employs a team of 31 individuals to ensure the reliable distribution of electricity to its member-owners.
Official website here: www.bedfordrec.com
Is Bedford Rural Electric Cooperative Inc legitimate?
Bedford Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bedford Rural Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $461,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.bedfordrec.com
What is the mission statement of Bedford Rural Electric Cooperative Inc?
Bedford Rural Electric Cooperative Inc's primary mission is focused on distributing electricity to its member-owners in rural areas on a cooperative basis. This cooperative approach allows the organization to provide essential electric services in a manner that is beneficial to its community members. The cooperative's activities are centered around ensuring reliable and affordable electricity supply, fostering a sense of community among its members, and operating in a manner that prioritizes the interests of its member-owners. By adhering to a cooperative model, the Bedford Rural Electric Cooperative Inc is able to address the unique needs and circumstances of rural communities, providing them with essential electric services that might not be readily available otherwise.
Official website here: www.bedfordrec.com
Who is the CEO of Bedford Rural Electric Cooperative Inc?
Brooks Shoemaker is the General Manager & Ceo of Bedford Rural Electric Cooperative Inc. The CEO's salary of Bedford Rural Electric Cooperative Inc is $203,506 and their total compensation is $277,504.
Official website here: www.bedfordrec.com
What is the revenue of Bedford Rural Electric Cooperative Inc?
Bedford Rural Electric Cooperative Inc's revenue in 2022 was $11,384,083.
Official website here: www.bedfordrec.com
Who are the executives of Bedford Rural Electric Cooperative Inc and what are their salaries?
The average compensation at Bedford Rural Electric Cooperative Inc during 2022 was $14,882. There are 31 employees at Bedford Rural Electric Cooperative Inc.
Here are 16 key members and their salaries (Bedford Rural Electric Cooperative Inc's CEO's salary is $203,506 and their total compensation is $277,504):
- Compensation: $5,010
- Related: $0
- Other: $0
- Compensation: $5,310
- Related: $0
- Other: $0
- Compensation: $5,763
- Related: $0
- Other: $0
- Compensation: $1,496
- Related: $0
- Other: $0
- Compensation: $4,457
- Related: $0
- Other: $0
- Compensation: $5,010
- Related: $0
- Other: $0
- Compensation: $3,604
- Related: $0
- Other: $0
- Compensation: $2,008
- Related: $0
- Other: $0
- Compensation: $6,014
- Related: $0
- Other: $0
- Compensation: $203,506
- Related: $0
- Other: $73,998
- Compensation: $99,469
- Related: $0
- Other: $45,686
- Compensation: $125,432
- Related: $0
- Other: $51,126
- Compensation: $111,043
- Related: $0
- Other: $27,530
- Compensation: $104,828
- Related: $0
- Other: $40,750
- Compensation: $110,640
- Related: $0
- Other: $21,552
- Compensation: $106,581
- Related: $0
- Other: $41,778
Official website here: www.bedfordrec.com
Where can I find the form 990 for Bedford Rural Electric Cooperative Inc?
Bedford Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bedfordrec.com
Learn more at the official website: www.bedfordrec.com
Mission Statement of Bedford Rural Electric Cooperative Inc
Bedford Rural Electric Cooperative Inc, a nonprofit organization, is dedicated to the distribution of electricity to its member-owners in rural areas of Bedford County, Pennsylvania, on a cooperative basis. Established with this mission, the cooperative works tirelessly to ensure reliable and affordable power supply to its rural community members. By operating on a cooperative basis, Bedford Rural Electric Cooperative Inc fosters a sense of unity and shared responsibility among its members, enabling them to collectively benefit from the electricity service. The organization's mission is centered around providing electricity as a fundamental necessity, empowering its members to live comfortably and productively in their rural homes.
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Impact
October, 2024
Bedford Rural Electric Cooperative Inc plays a crucial role in providing access to electricity for members in the rural areas of Bedford County, PA. By distributing electricity on a cooperative basis, the organization ensures that local residents and businesses have reliable power, which is essential for day-to-day living and economic development. This cooperative model fosters a sense of community ownership among members, as they are not merely consumers but also participants in the decision-making process regarding their energy services.
The cooperative's commitment to serving its members helps to enhance the quality of life in rural areas, supporting everything from homes to essential services like schools and healthcare facilities. Additionally, by focusing on member needs and local priorities, Bedford Rural Electric Cooperative Inc contributes to sustainable practices and development in the region, empowering communities to thrive.
This information is meant to be a general summary of Bedford Rural Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,145
- Gross Receipts: $30,315,662
Assets and Liabilities:
- Total Assets: $61,419,051
- Total Liabilities: $27,059,561
- Net Assets: $34,359,490
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Organization Details
Founding Year
1939
Phone
(814) 623-5101Principal Officer
Brooks Shoemaker
Main Address
PO BOX 335, BEDFORD, PA, 155220335
Website
www.bedfordrec.comNTEE Category
Code: W80 - Public benefit
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