Benton Rural Electric Association

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

EIN: 910143426 ✦ Prosser, WA ✦ Designated as a 501(c)(12)

Overview

What is Benton Rural Electric Association?

The Benton Rural Electric Association (Benton REA) is a member-owned, not-for-profit electric cooperative based in Prosser, Washington. With approximately 11,748 members, Benton REA delivers electricity to rural communities through its extensive distribution system. Its primary mission is to provide safe and dependable electricity at the most affordable cost to its members. As a cooperative, Benton REA employs around 80 individuals to ensure the successful execution of its electric service distribution program.


Official website here: www.bentonrea.org

Is Benton Rural Electric Association legitimate?

Benton Rural Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Benton Rural Electric Association 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: $2,550,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bentonrea.org

What is the mission statement of Benton Rural Electric Association?

The Benton Rural Electric Association is a not-for-profit electric cooperative with a mission to provide its membership with safe and reliable electricity at the most affordable cost. The organization, owned by around 11,748 members, focuses primarily on the distribution of electricity through its system. By delivering power efficiently, Benton REA aims to ensure that its members enjoy consistent energy supply for their daily needs. The association's commitment extends beyond electricity distribution, as it strives to provide top-notch customer service and maintain a strong sense of community among its members.


Official website here: www.bentonrea.org

Who is the CEO of Benton Rural Electric Association?

Ryan Redmond is the Principal Officer of Benton Rural Electric Association.


Official website here: www.bentonrea.org

What is the revenue of Benton Rural Electric Association?

Benton Rural Electric Association's revenue in 2022 was $46,298,877.


Official website here: www.bentonrea.org

Who are the executives of Benton Rural Electric Association and what are their salaries?

The average compensation at Benton Rural Electric Association during 2022 was $31,878. There are 80 employees at Benton Rural Electric Association.

Here are 18 key members and their salaries:

    Michael Bradshaw (General Manager)
  • Compensation: $391,102
  • Related: $0
  • Other: $52,608

    • Derek Miller (Engineering Manager)
  • Compensation: $260,401
  • Related: $0
  • Other: $56,441

    • Jeff Bastow (Information Technology Manager)
  • Compensation: $253,961
  • Related: $0
  • Other: $55,695

    • Steven Catlow (Vice President Of Finance)
  • Compensation: $253,607
  • Related: $0
  • Other: $53,964

    • Troy Berglund (Vice President Of Member Services)
  • Compensation: $212,473
  • Related: $0
  • Other: $53,726

    • Christopher Hill (Line Foreman)
  • Compensation: $209,251
  • Related: $0
  • Other: $48,618

    • Larry Hall (Journeyman Lineman)
  • Compensation: $177,195
  • Related: $0
  • Other: $48,974

    • Nicholas Pryor (Distribution Engineer)
  • Compensation: $177,502
  • Related: $0
  • Other: $48,635

    • Jeff Ekrut (Operations Manager)
  • Compensation: $109,582
  • Related: $0
  • Other: $2,845

    • Michael Freepons (Vice President) [Trustee/Director]
  • Compensation: $18,335
  • Related: $0
  • Other: $291

    • Bob Evans (President) [Trustee/Director]
  • Compensation: $12,635
  • Related: $0
  • Other: $189

    • Ron Johnson (Trustee)
  • Compensation: $10,545
  • Related: $0
  • Other: $257

    • Tim Grow (Trustee)
  • Compensation: $10,355
  • Related: $0
  • Other: $273

    • Catherine Russell (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $9,690
  • Related: $0
  • Other: $257

    • Scott Fisher (Trustee)
  • Compensation: $8,930
  • Related: $0
  • Other: $257

    • Connie Krull (President) [Trustee/Director]
  • Compensation: $6,175
  • Related: $0
  • Other: $214

    • Buddy Treadway (Trustee)
  • Compensation: $2,945
  • Related: $0
  • Other: $48

    • Daniel Plung (Trustee)
  • Compensation: $2,185
  • Related: $0
  • Other: $64


  • Official website here: www.bentonrea.org

    Where can I find the form 990 for Benton Rural Electric Association?

    The Benton Rural Electric Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bentonrea.org

    Learn more at the official website: www.bentonrea.org

    Mission Statement of Benton Rural Electric Association

    The Benton Rural Electric Association (Benton REA) is a dedicated not-for-profit organization serving over 11,000 member-owners. With a mission to provide, the Benton REA focuses on delivering safe and reliable electricity to its rural cooperative members at the most affordable price.

    Benton REA's primary objective is to ensure that every member receives dependable access to electricity, powering their homes and businesses. By keeping costs low, the association makes electricity accessible to all, enhancing the quality of life for its members in rural areas. The Benton REA team is committed to maintaining high standards of safety and reliability, ensuring that the electricity supply remains consistent and secure.

    The Benton REA's distribution system plays a crucial role in bringing electricity to its vast membership base. As a member-owned cooperative, the organization prioritizes the needs and well-being of its members, making it an invaluable resource in rural communities. The association's unwavering commitment to delivering electricity efficiently and affordably has earned the trust and appreciation of its members over the years.

    Impact

    This information is meant to be a general summary of Benton Rural Electric Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Benton Rural Electric Association impacts the community by providing safe and reliable electricity to its rural cooperative members in the Prosser area of Washington state. With approximately 11,748 member owners, Benton REA plays a crucial role in ensuring that residents have access to essential electricity services at an affordable cost. This not-for-profit organization contributes to the well-being and economic stability of the region by delivering electricity through its distribution system, ultimately benefiting the public and supporting local infrastructure and development.





    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: $144,274
  • Program Service Revenue: $44,968,141
  • Gross Receipts: $46,298,877

    • Assets and Liabilities:
  • Total Assets: $99,959,679
  • Total Liabilities: $12,827,032
  • Net Assets: $87,132,647
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Sale of Electricity

    Revenue

    $44,839,529

    Pole Rental

    Revenue

    $128,612

    Organization Details

    Founding Year

    1937

    Principal Officer

    Ryan Redmond

    Main Address

    PO Box 1150, Prosser, WA, 99350

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Benton Rural Electric Association 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.