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Nonprofit · EIN 23-0394875

BEDFORD RURAL ELECTRIC COOPERATIVE INC

Tax-exempt · BEDFORD, PA 15522

Financials

$11.2M$11.2M2023$10.6M$10.6M2024
Revenue Expenses · by fiscal year end
Financials of BEDFORD RURAL ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,588,903$10,588,903$0$69,264,799$33,351,286$35,913,513
December 31, 2023990$11,245,772$11,245,772$0$63,281,023$27,695,830$35,585,193
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$42,250
Net rental income
$194,466
Net income from sales of inventory
$9,150,793
Other revenue
$10,546,653

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,080,656
Compensation of officers, directors and key employees
$522,281
Salaries, compensation and benefits (total)
$522,281
Professional fundraising fees
$0
Depreciation
$1,692,063

Balance sheet and other

Total assets, start of year
$63,281,023
Total assets, end of year
$69,264,799
Total liabilities, end of year
$33,351,286
Net assets, end of year
$35,913,513
Land, buildings and equipment
$48,107,798
Gross receipts
$30,492,523
Employees
28
Volunteers
0
Year formed
1939
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BROOKS SHOEMAKERGENERAL MANAGER & CEO
Officer
40$221,326$83,631
RYAN YOUNGOPERATIONS & ENGINEERING M
Highest-paid employee
40$139,143$60,380
BRENT KAUFFMANFINANCE & ACCOUNTING MANAG
Officer
40$116,624$52,720
TIMOTHY SHOOKLINE SUPERINTENDENT
Highest-paid employee
40$114,762$51,538
WADE MELLOTTI.T. MANAGER
Highest-paid employee
40$107,052$48,710
GARY LAFFERTYWORKING FOREMAN
Highest-paid employee
40$107,840$41,944
BRAD GLESSNERWORKING FOREMAN
Highest-paid employee
40$108,518$40,972
BRIAN HOOVERDIRECTOR
Trustee or director
5$6,335$0
DALE SPRIGG IIDIRECTOR
Trustee or director
5$6,084$0
TROY MICKLEDIRECTOR
Trustee or director
5$6,059$0
PAUL RUMMEL JRSECRETARY
Trustee or director, Officer
5$5,807$0
EARL GARLANDDIRECTOR
Trustee or director
5$5,783$0
REUBEN LAFFERTYTREASURER
Trustee or director, Officer
5$5,783$0
RONALD WILKINSPRESIDENT
Trustee or director, Officer
5$4,151$0
TRAVIS WIGFIELDDIRECTOR
Trustee or director
5$4,127$0
1 more people on this return
NameTitleHours / weekCompensation
DONALD HOENSTINEVICE PRESIDENT
Trustee or director, Officer
5$3,851
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
BROOKS SHOEMAKERGENERAL MANAGER & CEO
Officer
40$212,364$78,100
RYAN YOUNGOPERATIONS & ENGINEERING M
Highest-paid employee
40$132,283$55,988
TIMOTHY SHOOKLINE SUPERINTENDENT
Highest-paid employee
40$112,691$47,701
BRENT KAUFFMANFINANCE & ACCOUNTING MANAG
Officer
40$107,243$48,430
GARY LAFFERTYWORKING FOREMAN
Highest-paid employee
40$110,432$41,320
MICHAEL SLEIGHTERWORKING FOREMAN
Highest-paid employee
40$108,364$41,319
LANDON CLARKWORKING FOREMAN
Highest-paid employee
40$108,362$27,881
PAUL RUMMEL JRSECRETARY
Trustee or director, Officer
5$6,600$0
BRIAN HOOVERDIRECTOR
Trustee or director
5$6,563$0
EARL GARLANDDIRECTOR
Trustee or director
5$5,511$0
DALE SPRIGG IIDIRECTOR
Trustee or director
5$5,511$0
REUBEN LAFFERTYTREASURER
Trustee or director, Officer
5$5,511$0
TROY MICKLEDIRECTOR
Trustee or director
5$4,734$0
TRAVIS WIGFIELDDIRECTOR
Trustee or director
5$4,459$0
RONALD WILKINSPRESIDENT
Trustee or director, Officer
5$4,233$0
DONALD HOENSTINEVICE PRESIDENT
Trustee or director, Officer
5$3,670$0

Address and contacts

Address (IRS master file)
PO BOX 335, BEDFORD, PA 15522-0335
Principal officer (990 for 2024)
BROOKS SHOEMAKER, PO BOX 335, BEDFORD, PA 155220335
Signed the 990
BRENT KAUFFMAN, FINANCE MANAGER
Phone
(814) 623-5101
Return prepared by
BUFFAMANTE WHIPPLE BUTTAFARO PC

Mission

DISTRIBUTION OF ELECTRICITY TO MEMBER/OWNERS IN RURAL AREAS OF BEDFORD COUNTY, PA ON A COOPERATIVE BASIS.

990 for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY TO MEMBERS/OWNERS IN RURAL AREAS OF BEDFORD COUNTY, PA ON A COOPERATIVE BASIS.
  • DISTRIBUTION OF ELECTRICITY TO MEMBER/OWNERS IN RURAL BEDFORD, PA ON A COOPERATIVE BASIS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-0394875
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1940
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$69,264,799
Income (IRS master file)
$30,492,523

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,588,903$10,588,903$69,264,799XML
990December 2023$11,245,772$11,245,772$63,281,023XML
990December 2022$11,384,083$11,384,083$61,419,051IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-0394875).

Questions about BEDFORD RURAL ELECTRIC COOPERATIVE INC

What is the EIN of BEDFORD RURAL ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of BEDFORD RURAL ELECTRIC COOPERATIVE INC is 23-0394875.
Is BEDFORD RURAL ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
Are donations to BEDFORD RURAL ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BEDFORD RURAL ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BEDFORD RURAL ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BEDFORD RURAL ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BEDFORD RURAL ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names BROOKS SHOEMAKER.
Who are the officers and directors of BEDFORD RURAL ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $221,326 (BROOKS SHOEMAKER, GENERAL MANAGER & CEO).
How much revenue does BEDFORD RURAL ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,588,903, expenses of $10,588,903 and total assets of $69,264,799 at year end.

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