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Filing year 2024

VALLEY RURAL ELECTRIC COOPERATIVE INC ANCIENT AND HONORABLE WORKERS

Huntingdon, Pennsylvania·EIN 23-1179011·12
Total revenue
$23.4M
Total assets
$106.4M
Total expenses
$21.1M
Reported officers
17
Mission

DISTRIBUTION OF ELECTRICITY TO MEMBERS/OWNERS IN RURAL AREAS OF PA ON A COOPERATIVE BASIS.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

$501k
$541k
Base
$328k
Bonus
$31k
Other
$23k
Benefits
$31k
Manager of Operations
highest compensated employee
$237k
$256k
Base
$157k
Bonus
$8k
Other
$3k
Benefits
$28k
Manager of Business Admin
highest compensated employee
$234k
$252k
Base
$155k
Bonus
$8k
Other
Benefits
$30k
District Manager
highest compensated employee
$202k
$218k
Base
$132k
Bonus
$950
Other
$5k
Benefits
$30k
Journeyman Lineman
highest compensated employee
$187k
$202k
Base
$136k
Bonus
$950
Other
Benefits
$25k
Crew Leader
highest compensated employee
$180k
$195k
Base
$138k
Bonus
$950
Other
Benefits
$13k
Manager of HR and Accounti
officer (unspecified)
$180k
$194k
Base
$120k
Bonus
$8k
Other
Benefits
$21k
Vice President of Finance
vice president
$165k
$178k
Base
$108k
Bonus
$6k
Other
$3k
Benefits
$21k
Treasurer
officer (unspecified)
$16k
$17k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Secretary
officer (unspecified)
$14k
$15k
Chairman
board chair
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$13k
$14k
Director
board member
$12k
$13k
Vice Chairman
board vice chair
$12k
$12k

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 10%
from 2023

From $454k in 2023 to $501k in 2024.

$454k
2023
$501k
2024
In today's dollarsEst.
Up 7% in real terms$507k to $541k

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

VALLEY RURAL ELECTRIC COOPERATIVE INC ANCIENT AND HONORABLE WORKERS reported revenue and expenses across 2 filing years.

RevenueExpenses
$22.6M
$20.3M
2023
$23.4M
$21.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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