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Filing year 2024

NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC

New Enterprise, Pennsylvania·EIN 23-0913675·12
Total revenue
$10.2M
Total assets
$10.4M
Total expenses
$8.8M
Reported officers
14
Mission

PROVIDING AFFORDABLE ELECTRICITY TO MEMBERS

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

Manager/ceo
officer (unspecified)
$220k
$238k
Base
$151k
Bonus
Other
Benefits
$28k
Lineman
highest compensated employee
$169k
$182k
Base
$119k
Bonus
Other
Benefits
$23k
Outside Operations Manager
highest compensated employee
$165k
$178k
Base
$107k
Bonus
Other
Benefits
$29k
Lineman
highest compensated employee
$158k
$171k
Base
$111k
Bonus
Other
Benefits
$23k
Lineman
highest compensated employee
$155k
$167k
Base
$110k
Bonus
Other
Benefits
$19k
Crew Chief
highest compensated employee
$151k
$163k
Base
$101k
Bonus
Other
Benefits
$22k
Lineman
highest compensated employee
$149k
$161k
Director
board member
$6k
$6k
Director & Assistant Sec'y
officer (unspecified)
$5k
$6k
Treasurer
officer (unspecified)
$5k
$6k
Secretary
officer (unspecified)
$5k
$5k
Vice President
vice president
$3k
$4k
Director
board member
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 35%
from 2023

From $163k in 2023 to $220k in 2024.

$163k
2023
$220k
2024
In today's dollarsEst.
Up 30% in real terms$182k to $238k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.2M
$8.9M
2023
$10.2M
$8.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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