BUTLER RURAL ELECTRIC COOP INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BUTLER RURAL ELECTRIC COOP INC (EIN 31-0231070)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-02
- IRS object ID
- 202331229349301213
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-02T10:02:16-00:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 310231070 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Butler Rural Electric Cooperative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Judith D Persinger | InCareOfNm |
| Business Name Control | BUTL | BusinessNameControlTxt |
| Phone | 5138674400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3888 Stillwell Beckett Road | AddressLine1Txt |
| City | Oxford | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45056 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Thomas C Wolfenbarger | PersonNm |
| Person Title | General Manager | PersonTitleTxt |
| Phone | 5138674400 | PhoneNum |
| Signature | 2023-05-01 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Thomas | PersonFirstNm |
| Person Last | Wolfenbarger | PersonLastNm |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Thomas C Wolfenbarger | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3888 Stillwell Beckett Road | AddressLine1Txt |
| City | Oxford | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45056 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,462,282 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | butlerrural.coop | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | BUTLER RURAL ELECTRIC COOPERATIVE INC IS AN ELECTRIC DISTRIBUTION COOPERATIVE, PROVIDING ELECTRIC SERVICES TO MEMBER IN BUTLER, HAMILTON, PREBLE AND MONTGOMERY COUNTIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 49 | TotalEmployeeCnt |
| Total Gross UBI | $155,242 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,195,094 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,419,165 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,167 | PYInvestmentIncomeAmt |
| CY Investment Income | $80,680 | CYInvestmentIncomeAmt |
| PY Other Revenue | $746,254 | PYOtherRevenueAmt |
| CY Other Revenue | $754,614 | CYOtherRevenueAmt |
| PY Total Revenue | $35,958,515 | PYTotalRevenueAmt |
| CY Total Revenue | $37,254,459 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,183,396 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $2,926,275 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,463,722 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,815,293 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $27,290,897 | PYOtherExpensesAmt |
| CY Other Expenses | $28,495,891 | CYOtherExpensesAmt |
| PY Total Expenses | $35,958,515 | PYTotalExpensesAmt |
| CY Total Expenses | $37,254,459 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $91,497,064 | TotalAssetsBOYAmt |
| Total Assets EOY | $94,737,725 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $50,164,539 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $52,876,643 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $41,332,525 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,861,082 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BE A DYNAMIC, PROGRESSIVE ORGANIZATION GUIDED BY COOPERATIVE PRINCIPLES AND TO PROVIDE ENERGY AND OTHER VALUE-ADDED SERVICES TO ITS MEMBERS. THE COOPERATIVE WILL PARTICPATE IN ITS COMMUNITIES, PROVIDING LEADERSHIP AND SUPPORT TO IMPROVE THE QUALITY OF LIFE FOR ALL OF ITS CITIZENS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $37,254,459 | ExpenseAmt |
| Grant | $17,000 | GrantAmt |
| Revenue | $37,254,459 | RevenueAmt |
| Desc | NUMBER OF MEMBERS SERVED 11,655 MONTHLY PUBLICATION OHIO COOPERATIVE LIVING THE COOPERATIVE IS AN INTEGRAL PART OF THE COMMUNITY, PROVIDING ELECTRIC SERVICE TO THE MEMBERS IN BUTLER, HAMILTON, MONTGOMERY AND PREBLE COUNTIES IN THE STATE OF OHIO. | Desc |
| Total Program Service Expenses | $37,254,459 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 49 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Nondeductible Contri Discl | false | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $36,419,165 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,317,940 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Judith Persinger | PersonNm |
| Phone | 5138674400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3888 Stillwell Beckett Road | AddressLine1Txt |
| City | Oxford | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45056 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| THOMAS C WOLFENBARGER | ||||||||
| GENERAL MANAGER | 045.00 | Yes (X) | Yes (X) | $227,322 | $0 | $99,186 | ||
| MICHAEL MURRAY | ||||||||
| DIR OF OPERATIONS | 051.00 | Yes (X) | $149,799 | $0 | $69,085 | |||
| JUDITH PERSINGER | ||||||||
| DIR OF ACCFINANCE | 042.00 | Yes (X) | $146,231 | $0 | $61,967 | |||
| JULIE ABBOTT | ||||||||
| DIR OF HUMAN ADMIN | 050.00 | Yes (X) | $144,934 | $0 | $61,672 | |||
| LISA STAGGS HERRMANN | ||||||||
| DIR OF MEMBER | 042.00 | Yes (X) | $144,433 | $0 | $44,895 | |||
| CHARLES YOUNG | ||||||||
| MGR. ENGINEERGIN | 043.00 | Yes (X) | $132,926 | $0 | $38,817 | |||
| DAVID EVANS | ||||||||
| PRESIDENT | 007.02 | Yes (X) | $20,003 | $0 | $0 | |||
| JAMES MEADOR | ||||||||
| SEC/TREASURER | 005.45 | Yes (X) | $17,036 | $0 | $0 | Yes (X) | ||
| ROBERT HOELLE | ||||||||
| VICE PRESIDENT | 006.53 | Yes (X) | $16,381 | $0 | $0 | Yes (X) | ||
| MICHAEL TILTON | ||||||||
| TRUSTEE | 004.66 | $15,545 | $0 | $0 | Yes (X) | |||
| ROBERT SPAETH | ||||||||
| TRUSTEE | 008.30 | $14,358 | $0 | $0 | Yes (X) | |||
| RONALD KOLB | ||||||||
| TRUSTEE | 007.13 | $13,565 | $0 | $0 | Yes (X) | |||
| JAY HASBROOK | ||||||||
| TRUSTEE | 007.94 | $12,402 | $0 | $0 | Yes (X) | |||
| THOMAS L MCQUISTON | ||||||||
| TRUSTEE | 005.83 | $11,883 | $0 | $0 | Yes (X) | |||
| JAMES O'BRIEN | ||||||||
| TRUSTEE | 002.55 | $7,706 | $0 | $0 | Yes (X) | |||
| WILLIAM FOSTER | ||||||||
| TRUSTEE | 007.09 | $6,683 | $0 | $0 | Yes (X) | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,081,207 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $375,622 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NRECA | |||||
| 4301 WILSON BLVD | ARLINGTON | VA | 22203 | INSURANCE BENEFITS | $2,326,652 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 825124 | PHILADELPHIA | PA | 19182 | ROW CLEARING | $862,149 |
| UNITED UTILITY SUPPLY COOPERATIVE I | |||||
| PO BOX 32170 | LOUISVILLE | KY | 40232 | DISTRIBUTION LINE MATERIAL | $1,032,432 |
| LEWIS TREE SERVICE INC | |||||
| PO BOX 731897 | DALLAS | TX | 75373 | ROW CLEARING | $305,387 |
| AMPP CONSTRUCTION INC | |||||
| PO BOX 65 | WINCHESTER | IN | 47394 | DISTRUBTION LINE CONSTRUCTION | $480,735 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Sale of electric energy | 221000 | $36,307,243 | $36,307,243 |
| Program Service Revenue | $111,922 | $111,922 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,419,165 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,350 | TotalRevenueColumnAmt |
| Exclusion | $86,350 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $333,563 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $333,563 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $333,563 | TotalRevenueColumnAmt |
| Exclusion | $333,563 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $19,353 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $25,023 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$5,670 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,670 | TotalRevenueColumnAmt |
| Exclusion | -$5,670 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $274,042 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $182,800 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,242 | TotalRevenueColumnAmt |
| Exclusion | $91,242 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Associated Orgn Patronage Capital | 900099 | $174,567 | $174,567 | |
| Electrician Services Non Member | 811000 | $155,062 | $155,062 | |
| Internet Non Member | 517000 | $180 | $180 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $329,809 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,254,459 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,419,165 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $155,242 | UnrelatedBusinessRevenueAmt |
| Exclusion | $680,052 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,000 | TotalAmt |
| Program Services | $17,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,926,275 | TotalAmt |
| Program Services | $2,926,275 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081,207 | TotalAmt |
| Program Services | $1,081,207 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,044,227 | TotalAmt |
| Program Services | $3,044,227 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $573,949 | TotalAmt |
| Program Services | $573,949 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,494 | TotalAmt |
| Program Services | $816,494 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,416 | TotalAmt |
| Program Services | $299,416 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,227 | TotalAmt |
| Program Services | $110,227 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,425 | TotalAmt |
| Program Services | $24,425 | ProgramServicesAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $273,031 | TotalAmt |
| Program Services | $273,031 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,318 | TotalAmt |
| Program Services | $246,318 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,590 | TotalAmt |
| Program Services | $160,590 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,416 | TotalAmt |
| Program Services | $278,416 | ProgramServicesAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,552,608 | TotalAmt |
| Program Services | $1,552,608 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,262 | TotalAmt |
| Program Services | $77,262 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,730 | TotalAmt |
| Program Services | $129,730 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,531,619 | TotalAmt |
| Program Services | $1,531,619 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,801,666 | TotalAmt |
| Program Services | $2,801,666 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,349 | TotalAmt |
| Program Services | $100,349 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| State of Ohio kWh Tax | $974,556 | $974,556 |
| Cost of Power | $18,040,223 | $18,040,223 |
| Right of Way Clearing ROW | $1,185,351 | $1,185,351 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,009,520 | TotalAmt |
| Program Services | $1,009,520 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,254,459 | TotalAmt |
| Program Services | $37,254,459 | ProgramServicesAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $842,184 | BOYAmt |
| EOY | $749,556 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,464 | BOYAmt |
| EOY | $2,063,864 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,561,872 | BOYAmt |
| EOY | $4,379,242 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $599,062 | BOYAmt |
| EOY | $778,866 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,819 | BOYAmt |
| EOY | $175,552 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $94,956,431 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,085,799 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,356,708 | BOYAmt |
| EOY | $68,870,632 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,036,387 | BOYAmt |
| EOY | $14,910,036 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,474,568 | BOYAmt |
| EOY | $2,399,212 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,000 | BOYAmt |
| EOY | $410,765 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,497,064 | BOYAmt |
| EOY | $94,737,725 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,152,399 | BOYAmt |
| EOY | $4,182,116 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,865,435 | BOYAmt |
| EOY | $47,222,481 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,705 | BOYAmt |
| EOY | $1,472,046 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,164,539 | BOYAmt |
| EOY | $52,876,643 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,140 | BOYAmt |
| EOY | $120,560 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,212,385 | BOYAmt |
| EOY | $41,740,522 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,332,525 | BOYAmt |
| EOY | $41,861,082 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,497,064 | BOYAmt |
| EOY | $94,737,725 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $528,557 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,062,126 | OtherCostOrOtherBasisAmt |
| Book Value | $1,062,126 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,627,370 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,544,899 | DepreciationAmt |
| Book Value | $4,082,471 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $86,266,935 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,540,900 | DepreciationAmt |
| Book Value | $63,726,035 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,870,632 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investments Assoc Orgn Patronage Capital | $13,209,380 | C |
| Investments Assoc Orgn - Other | $686,068 | C |
| Investments - Memberships | $297,613 | C |
| Investments - Other | $290,886 | C |
| Investments - Capital Term Certificates | $421,070 | C |
| Investments - CTC Interest Receivable | $5,019 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $14,910,036 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| Accumulated Operating Provision | $375,527 |
| Accumulated Provision for Rate Refund | $74,477 |
| Consumer Deposits | $108,837 |
| Consumer Advance for Construction | |
| Deferred Credits | $913,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,472,046 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | X 2 | FormAndLineReferenceDesc |
| Explanation | The Cooperative is a Rural Electric Cooperative exempt from federal income taxes under Section 501c12 of the Internal Revenue Service Code. Accordingly, no provision for federal income taxes has been recorded. The Cooperative complies with ASC 740-10 related to uncertain tax positions. ASC 740-10 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken on a tax return. Management is not aware of any tax positions taken by the Cooperative on its tax returns that they consider to be uncertain or that would jeopardize its tax-exempt status. Tax returns for years ended 2019, 2020 and 2021 are still open and subject to examination by the Internal Revenue Service. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BREC Scholarships | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $17,000 | CashGrantAmt |
| Purpose Of Grant | College Scholarships | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 10 | RecipientCnt |
| Cash Grant | $17,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 2 | FormAndLineReferenceDesc |
| Explanation | Scholarships were awarded to 10 students whose parents are members of Butler Rural Electric Cooperative Inc. Students were required to complete an application and interview with judges from outside the cooperative. The funds are made payable to the student and /or the college or university designated by the student. One scholarship is awarded to Miami University, Oxford, Ohio School of Engineering. For this scholarship, the department chooses the student. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| THOMAS C WOLFENBARGER | |||||||
| GENERAL MANAGER | $202,050 | $5,827 | $19,445 | $70,800 | $41,078 | $339,200 | $40,397 |
| MICHAEL MURRAY | |||||||
| DIR OF OPERATIONS | $139,869 | $5,085 | $4,845 | $45,737 | $35,574 | $231,110 | $28,420 |
| JUDITH PERSINGER | |||||||
| DIR OF ACCFINANCE | $136,102 | $5,446 | $4,663 | $38,618 | $34,746 | $219,575 | $20,460 |
| WILLIAM FOSTER | |||||||
| TRUSTEE | $6,683 | $6,683 | |||||
| JULIE ABBOTT | |||||||
| DIR OF HUMAN ADMIN | $137,380 | $4,991 | $2,563 | $33,920 | $39,051 | $217,905 | $15,764 |
| CHARLES YOUNG | |||||||
| MGR. ENGINEERGIN | $126,127 | $795 | $6,004 | $15,613 | $33,576 | $182,115 | |
| LISA STAGGS HERRMANN | |||||||
| DIR OF MEMBER | $136,102 | $4,947 | $3,384 | $17,344 | $38,811 | $200,588 | $30,033 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 | TO BE A DYNAMIC, PROGRESSIVE ORGANIZATION GUIDED BY COOPERATIVE PRINCIPLES AND TO PROVIDE ENERGY AND OTHER VALUE-ADDED SERVICES TO ITS MEMBERS. THE COOPERATIVE WILL PARTICIPATE IN ITS COMMUNITIES, PROVIDING LEADERSHIP AND SUPPORT TO IMPROVE THE QUALITY OF LIFE FOR ALL ITS CITIZENS. |
| Form 990, Part VI, Section B, Line 10A | THE COOPERATIVE DOES NOT HAVE ANY LOCAL CHAPTERS, BRANCHES OR AFFILIATES. THE COOPERATIVE HAS ONLY ONE PLACE OF BUSINESS. |
| Form 990, Part VI, Line 6 | CLASSES OF MEMBERS OR STOCKHOLDERS OF BUTLER RURAL ELECTRIC COOPERATIVE INC. ARE COMPRISED OF MEMBERS WHO ARE ANY PERSON, WHETHER A NATURAL PERSON OR A FIRM ASSOCIATION, CORPORATION, PARTNERSHIP, BODY POLITIC OR SUBDIVISION THEREOF WHO RECEIVE ELECTRIC SERVICE FROM THE COOPERATIVE, AGREE TO COMPLY WITH AND BE BOUND BY THE ARTICLES OF INCORPORATION AND CODE OF REGULATIONS BY THE COOPERATIVE, ANY RULES AND REGULATIONS AND POLICIES ADOPTED BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Line 7A | ELECTION OF MEMBERS AND THEIR RIGHTS THE ANNUAL MEETING OF THE MEMBERS SHALL BE HELD EACH YEAR AT SUCH A TIME AND PLACE SELECTED BY THE BOARD AND WHICH SHALL BE DESIGNATED IN THE NOTICE OF THE MEETING, FOR THE PURPOSE OF REPORTING THE RESULTS OF THE ELECTION OF TRUSTEES, PASSING UPON REPORTS FOR THE PREVIOUS FISCAL YEAR AND TRANSACTING SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING. IT SHALL BE THE RESPONSIBILITY OF THE BOARD TO MAKE ADEQUATE PREPARATIONS FOR THE ANNUAL MEETING. FAILURE TO HOLD THE ANNUAL MEETING AT THE DESIGNATED TIME SHALL NOT WORK AS FORFEITURE OR DISSOLUTION OF THE COOPERATIVE. IN THE EVENT THE SUCH ANNUAL MEETING IS NOT HELD, FOR ANY REASON, ALL MATTERS TO BE ATTENDED TO WILL BE CONSIDERED AT THE NEXT ANNUAL MEETING, THE DATE AND TIME TO BE DESIGNATED BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Line 15A | COMPENSATION PROCESS FOR THE TOP OFFICIAL THE COOPERATIVE USES THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATIONS COMPENSATION SURVEY TO ASSIST IN THE DECISION BY THE BOARD OF TRUSTEES ON THE COMPENSATION OF THE GENERAL MANAGER. THIS DECISION IS MADE EACH EACH DECEMBER DURING THE GENERAL MANAGERS EMPLOYEE PERFORMANCE EVALUATION. THE EVALUATION IS WRITTEN AND ORAL REVIEW IS MADE BY THE BOARD OF TRUSTEES TO THE GENERAL MANAGER. THIS SURVEY IS ALSO USED FOR OTHER OFFICERS OR KEY EMPLOYEES OF THE COOPERATIVE. THE SALARY FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE GENERAL MANAGER. |
| Form 990, Part I, Line 14 | AS PER THE CODE OF REGULATIONS, ARTICLE VII NON-PROFIT OPERATIONS, SECTION 2, PATRONAGE CAPITAL IN CONNECTION WITH FURNISHING ELECTRIC ENERGY BUTLER RURAL ELECTRIC COOPERATIVE INC. OPERATES ON A NON-PROFIT BASIS. ALL AMOUNTS IN EXCESS OPERATING COSTS AND EXPENSES ARE CLEARLY REFLECTED AND CREDITED IN AN APPROPRIATE RECORD TO THE CAPITAL ACCOUNT OF EACH PATRON. AT THE CLOSE OF THE YEAR, EACH PATRON IS NOTIFIED ON THE AMOUNT OF CAPITAL THAT HAS BEEN CREDITED TO EACH PATRONS ACCOUNT. ALL SUCH AMOUNTS CREDITED TO THE CAPITAL ACCOUNT OF ANY PATRON SHALL HAVE THE SAME STATUS AS THOUGH THEY HAD BEEN PAID TO THE PATRON IN CASH IN PURSUANCE OF A LEGAL OBLIGATION TO DO SO AND THE PATRON HAD THEN FURNISHED THE COOPERATIVE CORRESPONDING AMOUNTS OF CAPITAL. THE AMOUNT ON PART 1 LINE 14 AND PART IX LINE 4 BENEFITS PAID TO OR FOR MEMBERS IS THE AMOUNT THAT WAS ALLOCATED TO THE PATRONS OF BUTLER RURAL ELECTRIC COOPERATIVE INC. FOR THE CURRENT TAX YEAR. |
| Form 990, Part XI, Line 9 | OTHER CHANGES IN NET ASSETS EXPLANATION CHANGE IN FUND BALANCE- CURRENT YEAR MARGINS 2,926,275 INCREASE IN MEMBERSHIPS 420 RETIRED PATRONAGE 2,517,076 RE-ALLOCATION OF UNCLAIMED FUNDS 122,857 DECREASE IN PATRONAGE PAYABLE ACCOUNT 3,987 CORRECTION TO ALLOCATION 68 |
| Form 990, Part VI, Line 11B | ORGANIZATIONS PROCESS TO REVIEW FORM 990 THE FORM 990, ITS RELATED SCHEDULES AND SUPPLEMENTAL INFORMATION ARE PRESENTED TO THE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED MEETING OF THE BOARD PRIOR TO FILING OF THE REPORT WITH THE INTERNAL REVENUE SERVICE. |
| Form 990, Part VI, Line 12C | ENFORCEMENT OF CONFLICTS OF POLICY EACH YEAR, BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST, BY SIGNING A STATEMENT OF NON-CONFLICT. IF THERE IS A CONFLICT OF INTEREST, IT WILL BE EVALUATED ON A CASE-BY-CASE BASIS AND DEALT WITH IN AN APPROPRIATE MANNER, UPON THE ADVICE OF LEGAL COUNSEL. |
| Form 990, Part VI, Line 19 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE GOVERNING DOCUMENTS OF THE COOPERATIVE ARE GIVEN TO EACH MEMBER, IN WRITTEN FORM AND AVAILABLE ON THE COOPERATIVES WEBSITE. AT THE TIME OF MEMBERSHIP, THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE PUBLISHED EACH YEAR IN THE OHIO COOPERATIVE LIVING MAGAZINE AFTER THE ANNUAL AUDIT BY AN INDEPENDENT AUDITING FIRM. THIS MAGAZINE IS DISTRIBUTED MONTHLY TO EACH MEMBER OF THE COOPERATIVE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brec-Select Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3888 Stillwell Beckett Road | AddressLine1Txt |
| City | Oxford | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45056 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020577826 | EIN |
| Primary Activities | Electrician Services | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Exempt Code Section | 501c12 | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Butler Rural Electric Cooperative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |