Valley Rural Electric Cooperative Inc Ancient And Honorable Workers

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231179011 ✦ Huntingdon, PA ✦ Designated as a 501(c)(12)

Overview

What is Valley Rural Electric Cooperative Inc Ancient And Honorable Workers?

Valley Rural Electric Cooperative Inc Ancient And Honorable Workers is a nonprofit organization based in Huntingdon, Pennsylvania. Their primary mission is to distribute electricity to rural area residents in Pennsylvania on a cooperative basis. The cooperative is dedicated to serving its members and owners in the community, providing them with essential electric services. The organization, which employs a total of 77 individuals, remains focused on ensuring reliable electricity access to those in rural areas.


Official website here: www.valleyrec.com

Is Valley Rural Electric Cooperative Inc Ancient And Honorable Workers legitimate?

Valley Rural Electric Cooperative Inc Ancient And Honorable Workers is a legitimate nonprofit organization registered as a 501(c)(12) entity. Valley Rural Electric Cooperative Inc Ancient And Honorable Workers 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $826,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.valleyrec.com

What is the mission statement of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers?

Valley Rural Electric Cooperative Inc Ancient And Honorable Workers is dedicated to delivering electricity to rural community members and owners in Pennsylvania on a cooperative basis. Their primary objective is to ensure that residents in rural areas have reliable access to electricity, promoting a better quality of life. By operating on a cooperative basis, this organization fosters a spirit of unity and mutual support among its members. Through this collaborative approach, they aim to provide affordable and sustainable power solutions, enhancing the overall living conditions and economic prospects of the rural community. Additionally, they may offer ancillary services, such as energy efficiency programs or billing assistance, to further benefit their members.


Official website here: www.valleyrec.com

Who is the CEO of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers?

Rich Bauer is the Vice Chairman of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers. The CEO's salary of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers is $338,669 and their total compensation is $444,530.


Official website here: www.valleyrec.com

What is the revenue of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers?

Valley Rural Electric Cooperative Inc Ancient And Honorable Workers's revenue in 2022 was $22,430,749.


Official website here: www.valleyrec.com

Who are the executives of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers and what are their salaries?

The average compensation at Valley Rural Electric Cooperative Inc Ancient And Honorable Workers during 2022 was $10,732. There are 77 employees at Valley Rural Electric Cooperative Inc Ancient And Honorable Workers.

Here are 18 key members and their salaries (Valley Rural Electric Cooperative Inc Ancient And Honorable Workers's CEO's salary is $338,669 and their total compensation is $444,530):

    Rich Bauer (Ceo/President)
  • Compensation: $338,669
  • Related: $0
  • Other: $105,861

    • Benjamin Gorman (Manager Of Business Admin)
  • Compensation: $150,388
  • Related: $0
  • Other: $65,180

    • Todd Ross (Manager Of Operations)
  • Compensation: $150,464
  • Related: $0
  • Other: $62,116

    • Stephen Gutshall (District Manager)
  • Compensation: $137,206
  • Related: $0
  • Other: $50,222

    • Randy Boonie (District Manager)
  • Compensation: $126,386
  • Related: $0
  • Other: $58,016

    • Michael Lansberry Jr (District Manager)
  • Compensation: $125,252
  • Related: $0
  • Other: $58,605

    • Ethan Devore (Current-Manager Of Hr And Finance)
  • Compensation: $99,813
  • Related: $0
  • Other: $38,902

    • Pam Devore (Prior-Manager Of Hr And Financia)
  • Compensation: $122,083
  • Related: $0
  • Other: $9,006

    • Linda Mcmath (Director)
  • Compensation: $15,098
  • Related: $0
  • Other: $0

    • Cindy Bigelow (Secretary) [Trustee/Director]
  • Compensation: $14,598
  • Related: $0
  • Other: $0

    • Joanne Whitsel (Director)
  • Compensation: $13,348
  • Related: $0
  • Other: $0

    • Greg Henry (Director)
  • Compensation: $12,848
  • Related: $0
  • Other: $0

    • Randall Huntsman (Treasurer) [Trustee/Director]
  • Compensation: $12,598
  • Related: $0
  • Other: $0

    • James Stauffer (Chairman) [Trustee/Director]
  • Compensation: $12,298
  • Related: $0
  • Other: $0

    • Leroy Barnes (Vice Chairman) [Trustee/Director]
  • Compensation: $11,098
  • Related: $0
  • Other: $0

    • Kevin States (Director)
  • Compensation: $10,848
  • Related: $0
  • Other: $0

    • Robert Holmes (Director)
  • Compensation: $5,674
  • Related: $0
  • Other: $0

    • Kenneth Soder Jr (Director)
  • Compensation: $3,616
  • Related: $0
  • Other: $0


  • Official website here: www.valleyrec.com

    Where can I find the form 990 for Valley Rural Electric Cooperative Inc Ancient And Honorable Workers?

    The Valley Rural Electric Cooperative Inc Ancient And Honorable Workers’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.valleyrec.com

    Learn more at the official website: www.valleyrec.com

    Mission Statement of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers

    Valley Rural Electric Cooperative Inc Ancient and Honorable Workers is a mission-driven organization dedicated to the distribution of electricity to rural community members in Pennsylvania on a cooperative basis. In simple terms, they bring power to those living in rural areas, working together as a cooperative to ensure access to essential electricity services.

    The cooperative's primary focus is on providing electricity to rural residents, transforming their daily lives by delivering the power they need to thrive in their communities. This mission goes beyond just supplying electricity; it's about building a stronger network and fostering a sense of unity among its members. By operating on a cooperative basis, Valley Rural Electric Cooperative Inc Ancient and Honorable Workers ensures that the rural communities it serves are not left behind in the provision of this essential service.

    Valley Rural Electric Cooperative Inc Ancient and Honorable Workers stands out for its commitment to rural residents. Its cooperative model empowers members to have a voice in the organization's operations and decision-making process, creating a sense of ownership and community involvement. This approach not only strengthens the organization but also enhances its ability to respond effectively to the unique needs of rural communities.

    In summary, Valley Rural Electric Cooperative Inc Ancient and Honorable Workers is a vital organization, dedicated to the cooperative distribution of electricity to rural residents in Pennsylvania. Its mission goes beyond just providing electricity; it's about building stronger communities, fostering unity, and ensuring that rural residents have access to the essential services they need to thrive.

    Impact

    This information is meant to be a general summary of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Valley Rural Electric Cooperative Inc Ancient And Honorable Workers impacts the rural areas of Pennsylvania by providing a crucial service - the distribution of electricity to its members and owners. This ensures that residents in these areas have access to a reliable source of power, which is essential for daily activities, businesses, and overall quality of life. By operating on a cooperative basis, Valley Rural Electric Cooperative fosters a sense of community ownership and involvement in the provision of this essential service. Their work not only supports the economic development of rural areas but also enhances the well-being and sustainability of the communities they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50,125
  • Program Service Revenue: $0
  • Gross Receipts: $40,723,750

    • Assets and Liabilities:
  • Total Assets: $102,128,226
  • Total Liabilities: $50,466,572
  • Net Assets: $51,661,654
  • Organization Details

    Founding Year

    1938

    Principal Officer

    Rich Bauer

    Main Address

    PO BOX 477, HUNTINGDON, PA, 166520477

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Valley Rural Electric Cooperative Inc Ancient And Honorable Workers and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.