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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 2023. Filed on October 15, 2024.

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 2023 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 73 total employees. Among the employees shown here, the average compensation is $237,033. The highest compensated employee at Rea Energy Cooperative Inc. is Chad Carrick with fiscal year 2023 compensation of $471,761.

Revenue, expenses, and employee compensation

Revenue

$53,733,786

Expenses

$50,094,653

Employee compensation

$664,139
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad Carrick
President and Chief Executive Officer
$471,761
$357,211 No related comp$114,550
Barry Baker
Operations Manager
$217,659
$156,746 No related comp$60,913
Brian Burns
Engineering Technician
$188,045
$135,730 No related comp$52,315
Matt Bumbarger
Lineman
$184,746
$139,544 No related comp$45,202
William C Nehrig
Chief Lineman
$180,889
$135,708 No related comp$45,181
Wayne Buterbaugh
Lineman
$179,100
$136,113 No related comp$42,987

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Berensnyak
Director
$23,267
$23,267 No related compNo other comp
Michael Bertolino
Chair
$23,257
$23,257 No related compNo other comp
Robert Neese
Secretary and Treasurer
$22,757
$22,757 No related compNo other comp
Wayne Farabaugh
Vice Chair
$22,357
$22,357 No related compNo other comp
Anthony Enciso
Director
$21,607
$21,607 No related compNo other comp
John Learn
Director
$20,857
$20,857 No related compNo other comp
Thomas Aurandt
Director
$19,812
$19,812 No related compNo other comp
James Shope
Director
$19,357
$19,357 No related compNo other comp
Sandra K Dill
Director
$19,107
$19,107 No related compNo other comp

Contractors

Penn Line Service Inc.
Utility Contracting
$4,004,057
Bnf Powerline Construction
Line
$2,205,528
Tuneful Exhaust Works LLC
Mechanic
$217,964
American Energy Services Inc.
Pole Inspections
$104,720

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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