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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Rea Energy Cooperative Inc.

Rea Energy Cooperative Inc.

Fiscal year ending 2021. Filed on May 3, 2022.

75 Airport Road PO Box 70
Indiana, Pennsylvania 15701

Rea Energy Cooperative Inc. (EIN: 25-0809685) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Rea Energy Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 77 total employees. Among the employees shown here, the average compensation is $221,883. The highest compensated employee at Rea Energy Cooperative Inc. is Chad Carrick with fiscal year 2021 compensation of $399,092.

Revenue, expenses, and employee compensation

Revenue

$26,641,958

Expenses

$19,638,480

Employee compensation

$568,911
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad Carrick
President and Chief Executive Officer
$399,092
$297,703 No related comp$101,389
Barry Baker
Operations Manager
$205,509
$148,287 No related comp$57,222
Patrick McAndrew
Engineering Manager
$195,599
$134,331 No related comp$61,268
Steve Warner
Lineman
$184,303
$134,581 No related comp$49,722
Matt Bumbarger
Chief Lineman
$174,303
$131,192 No related comp$43,111
Wayne Buterbaugh
Chief Lineman
$172,489
$131,495 No related comp$40,994

Benchmark Employee Compensation

Non-Employee Board Members

Michael Bertolino
Chair
$20,861
$20,861 No related compNo other comp
Robert Neese
Treasurer
$20,706
$20,706 No related compNo other comp
Anthony Enciso
Director
$18,906
$18,906 No related compNo other comp
Thomas Aurandt
Director
$18,706
$18,706 No related compNo other comp
Thomas Berensnyak
Director
$18,416
$18,416 No related compNo other comp
Sandra K Dill
Director
$18,106
$18,106 No related compNo other comp
James Shope
Director
$18,106
$18,106 No related compNo other comp
John Learn
Director
$18,106
$18,106 No related compNo other comp
Wayne Farabaugh
Vice Chair
$17,906
$17,906 No related compNo other comp

Contractors

Penn Line Service Inc
Utility Contracting
$4,690,855
Bnf Powerline Construction Inc.
Line
$870,564
Tuneful Exhaust Works LLC
Mechanic
$181,973
American Energy Services
Pole Inspections
$113,662

Mission Statement

REA'S MISSION IS TO PROVIDE ELECTRICITY TO MEMBERS IN RURAL PENNSYLVANIA ON A COOPERATIVE BASIS.

Revisions to this organization profile

May 19, 2025:
2024 Rea Energy Cooperative Inc. 990 filed
October 15, 2024:
2023 Rea Energy Cooperative Inc. 990 filed
August 7, 2023:
2022 Rea Energy Cooperative Inc. 990 filed

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