Butler Rural Electric Coop Inc

Organization Overview

Butler Rural Electric Coop Inc is located in Oxford, OH. The organization was established in 1938. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Butler Rural Electric Coop Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Butler Rural Electric Coop Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2023, Butler Rural Electric Coop Inc generated $36.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $36.5m during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

BUTLER RURAL ELECTRIC COOPERATIVE IS AN ELECTRIC DISTRIBUTION COOPERATIVE PROVIDING ELECTRIC SERVICES TO MEMBERS IN BUTLER HAMILTON PREBLE AND MONTGOMERY COUNTIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COOPERATIVE IS AN INTEGRAL PART OF THE COMMUNITY PROVIDING ELECTRIC SERVICE TO THE THE MEMBERS IN BUTLER HAMILTON PREBLE AND MONTGOMERY COUNTINES


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Wolfenbarger
General Manager
$233,984
Julie Abbott
Director Of Human Resources
$149,086
Laura Smith
Director Of Corporate And Member Services
$147,624
Michael Murray
Director Of Operations
$146,793
Steven Abrams
Lead Lineworker
$140,236
Raymond Brunner
Operations Construction Coordinator
$140,917

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nreca
Insurance & Benefits
$2,395,122
The Davey Tree Expert Company
Tree Trimming
$1,245,913
United Utility Supply Cooperative
Material Supplier
$1,046,499
Niagara Power Transformer Corp
Transformer Supplier
$389,863
National Information Solutions
Software Provider
$266,569
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$35,390,150
Investment income $240,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $362,964
Net Gain/Loss on Asset Sales $2,231
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $127,010
Miscellaneous Revenue$0
Total Revenue $36,467,194

Peer Organizations

Organization NameAssets
Northeastern Rural Electric Membership Corporation
Columbia City, IN
$122,357,885
South Central Indiana Rural Electric Membership Corporation
Martinsville, IN
$101,798,961
Nolin Rural Electric Cooperative Corporation
Elizabethtown, KY
$102,908,461
Hendricks County Rural Electric Membership Corporation
Danville, IN
$102,543,098
West Kentucky Rural Electric Cooperative Corporation
Mayfield, KY
$101,104,837
Jackson Purchase Energy Corporation
Paducah, KY
$99,427,396
Fleming-Mason Energy Cooperative Inc
Flemingsburg, KY
$90,808,955
Cloverland Electric Cooperative Inc
Sault Ste Marie, MI
$90,733,673
Adams Electric Cooperative Inc
Gettysburg, PA
$78,385,681
Tipmont Rural Electric Membership Corporation
Linden, IN
$79,467,058
Western Indiana Energy Rural Electric Membership Corporation
Vincennes, IN
$76,031,018
Pioneer Rural Electric Cooperative Inc
Piqua, OH
$75,418,373
Inter-County Energy Cooperative Corporation
Danville, KY
$70,820,953
Tri-County Electric Cooperative
Portland, MI
$67,971,587
Meade County Rural Electric Cooperative Corporation
Brandenburg, KY
$68,475,133
Farmers Rural Electric Cooperative Corporation
Glasgow, KY
$67,395,267
Licking Rural Electrification Inc
Newark, OH
$69,207,212
Presque Isle Electric & Gas Co-Op
Onaway, MI
$60,694,805
Union Rural Electric Co-Op Inc
Marysville, OH
$66,933,265
Clark County Rural Electric Membership Corporation
Sellersburg, IN
$68,579,271
Harrison County Rural Electric Membership Corporation-89
Corydon, IN
$62,057,885
Cumberland Valley Electric Co-Op Corp
Gray, KY
$59,924,348
Consolidated Cooperative
Mt Gilead, OH
$62,840,671
Boone County Rural Electric Membership Corp
Lebanon In, IN
$69,061,714
Cherryland Electric Co Op
Grawn, MI
$59,803,199

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