Bedford Rural Electric Cooperative Inc
DISTRIBUTION OF ELECTRICITY TO MEMBER/OWNERS IN RURAL AREAS OF BEDFORD COUNTY, PA ON A COOPERATIVE BASIS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$69.3M
+9.5% YoY
Revenue
$10.6M
-5.8% YoY
Net Investment Income
$42K
+0.1% YoY
Expenses
$10.6M
-5.8% YoY
About Bedford Rural Electric Cooperative Inc
Based on IRS filings
Bedford Rural Electric Cooperative Inc is a nonprofit organization, based in BEDFORD, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $69.3M in total assets. Net investment income was $42K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $69,264,799 | $63,281,023 | $61,419,051 |
| Revenue | $10,588,903 | $11,245,772 | $11,384,083 |
| Expenses | $10,588,903 | $11,245,772 | $11,384,083 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42,250 | $42,222 | $42,145 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Bedford Rural Electric Cooperative Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EARL GARLAND | DIRECTOR | 5 | $5,783 |
| PAUL RUMMEL JR | SECRETARY | 5 | $5,807 |
| DALE SPRIGG II | DIRECTOR | 5 | $6,084 |
| TROY MICKLE | DIRECTOR | 5 | $6,059 |
| RONALD WILKINS | PRESIDENT | 5 | $4,151 |
| REUBEN LAFFERTY | TREASURER | 5 | $5,783 |
| DONALD HOENSTINE | VICE PRESIDENT | 5 | $3,851 |
| TRAVIS WIGFIELD | DIRECTOR | 5 | $4,127 |
| BRIAN HOOVER | DIRECTOR | 5 | $6,335 |
| BROOKS SHOEMAKER | GENERAL MANAGER & CEO | 40 | $221,326 |
| BRENT KAUFFMAN | FINANCE & ACCOUNTING MANAG | 40 | $116,624 |
| RYAN YOUNG | OPERATIONS & ENGINEERING M | 40 | $139,143 |
| GARY LAFFERTY | WORKING FOREMAN | 40 | $107,840 |
| TIMOTHY SHOOK | LINE SUPERINTENDENT | 40 | $114,762 |
| BRAD GLESSNER | WORKING FOREMAN | 40 | $108,518 |
| WADE MELLOTT | I.T. MANAGER | 40 | $107,052 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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