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Nonprofit · EIN 91-0143426

BENTON RURAL ELECTRIC ASSOCIATION

Tax-exempt · PROSSER, WA 99350

Financials

$46.6M$46.6M2023$49.8M$49.8M2024$50.3M$50.3M2025
Revenue Expenses · by fiscal year end
Financials of BENTON RURAL ELECTRIC ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$50,255,713$50,255,713$0$138,655,481$46,097,613$92,557,868
December 31, 2024990$49,768,983$49,768,983$0$114,171,170$21,646,360$92,524,810
December 31, 2023990$46,580,456$46,580,456$0$107,365,688$16,119,238$91,246,450
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$49,689,503
Investment income
$296,198
Net gain from sales of assets
$124,279
Other revenue
$270,012

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$308,779
Compensation of officers, directors and key employees
$1,414,696
Other salaries and wages
$9,693,797
Salaries, compensation and benefits (total)
$14,759,726
Professional fundraising fees
$0
Depreciation
$3,576,241

Balance sheet and other

Total assets, start of year
$114,171,170
Total assets, end of year
$138,655,481
Total liabilities, end of year
$46,097,613
Net assets, end of year
$92,557,868
Land, buildings and equipment
$119,479,287
Gross unrelated business income
$270,012
Gross receipts
$50,255,713
Employees
95
Volunteers
0
Year formed
1937
State of legal domicile
WA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Ryan RedmondChief Executive Officer
Officer
50$347,823$67,881
Andrew GouldCOO/VP of Engineering
Officer
55$274,153$61,917
Troy BerglundDeputy GM & VP of Member Experience
Officer
50$261,697$58,762
Derek MillerEngineering Manager
Highest-paid employee
50$249,579$55,448
Christopher HillLine Foreman
Highest-paid employee
51$255,034$47,742
Jay Conor AmesGeneral Foreman
Highest-paid employee
47.5$228,142$48,298
Justin WaldronVP of Member Support/CFO
Officer
44$217,377$57,888
Larry HallLine Foreman
Highest-paid employee
46$213,882$48,111
Jeff BastowInformation Technology Manager
Highest-paid employee
50$214,260$32,030
Michael FreeponsVice President
Trustee or director, Officer
8$11,780$292
Daniel PlungTrustee
Trustee or director
4$9,690$258
William ShibleySecretary/Treasurer
Trustee or director, Officer
4$9,500$258
Ronald HallTrustee
Trustee or director
10$7,980$215
Scott FisherPresident
Trustee or director, Officer
3$7,600$258
George Theodore WallaceTrustee
Trustee or director
6$7,030$258
2 more people on this return
NameTitleHours / weekCompensationOther / benefits
Connie KrullTrustee
Trustee or director
5$6,270$215
Tim GrowTrustee
Trustee or director
5$5,320$274
990 for the year ended December 31, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
Ryan RedmondChief Executive Officer
Officer
50$326,339$63,602
Troy BerglundDeputy GM & VP of Member Experience
Key employee
50$252,999$56,995
Derek MillerEngineering Manager
Highest-paid employee
50$242,892$54,848
Andrew GouldCOO/VP of Engineering
Key employee
55$247,529$48,237
Christopher HillLine Foreman
Highest-paid employee
55$247,503$45,839
Jeff BastowInformation Technology Manager
Highest-paid employee
40$229,238$54,355
Steven CatlowVice President of Finance
Officer
40$246,009$30,096
Justin WaldronVP of Member Support/CFO
Officer
44$215,562$47,354
Lori CotsfordAccounting Manager/Controller
Highest-paid employee
42$203,021$49,082
Larry HallLine Foreman
Highest-paid employee
48$201,208$46,227
Michael FreeponsVice President
Trustee or director, Officer
3$15,010$281
George Theodore WallaceTrustee
Trustee or director
4$10,070$246
Robert EvansPresident
Trustee or director, Officer
4$9,690$182
Tim GrowTrustee
Trustee or director
10$7,125$263
Catherine RussellSecretary/Treasurer
Trustee or director, Officer
4$7,170$164
Scott FisherSecretary/Treasurer
Trustee or director, Officer
2$6,460$246
Daniel PlungTrustee
Trustee or director
2$6,175$246
William ShibleyTrustee
Trustee or director
2$3,420$103
Ron JohnsonTrustee
Trustee or director
4$2,755$103
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
Joel MietznerSystem Engineer
Highest-paid employee
58$384,828$40,602
Troy BerglundDeputy GM & VP of Member Experience
Key employee
50$264,134$53,896
Derek MillerEngineering Manager
Key employee
50$262,247$52,710
Christopher HillLine Foreman
Highest-paid employee
63$247,574$44,050
Jeff BastowInformation Technology Manager
Highest-paid employee
40$232,338$52,240
Steven CatlowVice President of Finance
Officer
40$226,108$35,350
Larry HallJourneyman Lineman
Highest-paid employee
55.5$199,702$44,419
Richard JohnsonJourneyman Lineman
Highest-paid employee
54$193,609$44,060
Jeb KnoxOperations Manager
Key employee
43$174,926$47,448
Ryan RedmondChief Executive Officer
Officer
50$136,206$26,610
Michael FreeponsVice President
Trustee or director, Officer
2$15,010$270
Catherine RussellSecretary/Treasurer
Trustee or director, Officer
4$11,210$235
Ron JohnsonTrustee
Trustee or director
4$9,690$235
Daniel PlungTrustee
Trustee or director
3$9,310$235
Tim GrowTrustee
Trustee or director
10$8,550$252
George Theodore WallaceTrustee
Trustee or director
6$7,125$157
Scott FisherTrustee
Trustee or director
3$7,030$235
Robert EvansPresident
Trustee or director, Officer
4$6,555$174

Address and contacts

Address (IRS master file)
PO BOX 1150, PROSSER, WA 99350-0953
In care of
% LORI COTSFORD
Principal officer (990 for 2025)
Ryan Redmond, PO Box 1150, Prosser, WA 99350
Signed the 990
Lori Cotsford, Accounting Manager/Controller
Phone
(509) 786-2913

Mission

Provide safe and reliable electricity at the lowest possible cost to the cooperative membership.

990 for the year ended December 31, 2025

Program accomplishments

  • The Benton Rural Electric Association (Benton REA) is a not for profit member owned electric cooperative. It has approximately 12,504 member/owners to whom it delivers electricity through its distribution system. The sale and distribution of electric service is the main program service.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-0143426
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1937
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$138,655,481
Income (IRS master file)
$50,255,713

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$50,255,713$50,255,713$138,655,481XML
990December 2024$49,768,983$49,768,983$114,171,170XML
990December 2023$46,580,456$46,580,456$107,365,688XML
990December 2022$46,298,877$46,298,877$99,959,679IRS
990December 2021–––IRS
990December 2020–––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 91-0143426).

Questions about BENTON RURAL ELECTRIC ASSOCIATION

What is the EIN of BENTON RURAL ELECTRIC ASSOCIATION?
The employer identification number (EIN) of BENTON RURAL ELECTRIC ASSOCIATION is 91-0143426.
Is BENTON RURAL ELECTRIC ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
Are donations to BENTON RURAL ELECTRIC ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BENTON RURAL ELECTRIC ASSOCIATION 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 BENTON RURAL ELECTRIC ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BENTON RURAL ELECTRIC ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BENTON RURAL ELECTRIC ASSOCIATION?
The 990 for the year ended December 31, 2025 names Ryan Redmond.
Who are the officers and directors of BENTON RURAL ELECTRIC ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 17 people; 17 received compensation from the organization, the highest $347,823 (Ryan Redmond, Chief Executive Officer).
How much revenue does BENTON RURAL ELECTRIC ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $50,255,713, expenses of $50,255,713 and total assets of $138,655,481 at year end.

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