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Somerset Rural Electric Cooperative INC

501(c)
Other · SOMERSET, PA · EIN 25-0807950

About

Provide electric service to members

Donations are NOT tax-deductible
Category
Other
Employees
49
Volunteers
—

Financial Snapshot

FY ending 2023-12-31
Revenue
$27.9M
Expenses
$26.1M
Assets
$50.8M
Liabilities
$11.8M

Financial history

$27.9M$14.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $27.9M · Avg: $23.6M
SOMERSET RURAL ELECTRIC COOPERATIVE INC
Your actions

Address

223 Industrial Park RD
Somerset, PA, 15501-340

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeNo
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.