2023-11-15T13:42:18-05:00 2022-12-31 311413363 BHM CPA GROUP INC 1 E CAMPUS VIEW BLVD STE 300 COLUMBUS OH 43235 990 2022-01-01 314137520 BUCKEYE RURAL ELECTRIC CO-OP INC BUCK 4848 STATE ROUTE 325 SOUTH RIO GRANDE OH 45674 JUSTIN EVANS CFO 2023-11-15 true JUSTIN EVANS 999009999 false RYAN C HIXENBAUGH CPA P01052454 6143895775 2023-11-15 2022 2023-04-26 12:10:37Z PAUL BERRIDGE 2583 KEYSTONE FURNACE RD JACKSON OH 45640 45001803 false X WWW.BUCKEYEREC.COM X 1937 OH THE MISSION OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO THE MEMBERS OF THE COOPERATIVE IN THE NINE COUNTIES OF SOUTHERN OHIO. THE COOPERATIVE IS A MEMBER-OWNED, LOCALLY MANAGED AND DEMOCRATICALLY- CONTROLLED UTILITY WITH ROOTS GOING BACK TO THE MID-1930S. 9 9 58 0 0 41703190 43551308 52619 42596 1127836 1407702 42883645 45001606 4200 5000 1689056 1255720 4827059 5062851 0 0 36363330 38678035 42883645 45001606 0 133098121 134271521 87211349 88503110 45886772 45768411 X THE MISSION OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO THE MEMBERS OF THE COOPERATIVE IN THE NINE COUNTIES OF SOUTHERN OHIO. THE COOPERATIVE IS A MEMBER-OWNED, LOCALLY MANAGED AND DEMOCRATICALLY- CONTROLLED UTILITY WITH ROOTS GOING BACK TO THE MID-1930S. false false 45001606 NUMBER OF MEMBERS SERVED = 14,541, MONTHLY PUBLICATION-OHIO COOPERATIVE LIVING, COOPERATIVE IS AN INTERGRAL PART OF THE COMMUNITY, PROVIDING ELECTRIC SERVICE TO THE MEMBERS IN 9 OHIO COUNTIES. 45001606 false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 9 0 true 58 true false false false false false 42978468 2023138 false false false X 9 9 false false false false true true false true true false false false true true true true false true true false X JUSTIN T EVANS 7403792025 6269 ARACOMA RD HUNTINGTON WV 25705 TONDA MEADOWS EVP.GM 40.00 X 192728 0 75905 KENT ELDRIDGE VP MEMBER SE 40.00 X 116346 0 63605 TODD ALFORD LINEMAN 50.78 X 129138 0 50281 JAMES WALKER LINEMAN 49.85 X 120383 0 51861 TIMOTHY TUCKER LINEMAN 51.21 X 126498 0 45219 JAMES STAPLETON LINEMAN 51.85 X 133390 0 36982 CODY WALTER LINEMAN 47.00 X 112027 0 51297 JUSTIN EVANS CFO 40.00 X 108737 0 24780 KENNETH MOLLOHAN VP OPERATION 40.00 X 74276 0 33863 PAUL BERRIDGE PRESIDENT 5.53 X X 17000 0 0 WILLIAM H HOLCOMB SECT/TREAS 6.56 X X 16250 0 0 J WESLEY WILLIAMS TRUSTEE 6.77 X 15550 0 0 DENNIS BLAKEMAN TRUSTEE 4.73 X 13600 0 0 JAMES M HERRELL TRUSTEE 4.44 X 7800 0 0 RONALD HATFIELD TRUSTEE 3.24 X 7600 0 0 JODIE PENROD TRUSTEE 1.54 X 7600 0 0 NANETTE GILL TRUSTEE 1.17 X 4000 0 0 DANIEL NEWSOME TRUSTEE 0.78 X 4000 0 0 ROY D SPRAGUE TRUSTEE 0.83 X 1800 0 0 TIIMOTHY STEPHEN MASSIE TRUSTEE 0.25 X 1200 0 0 1209923 433793 8 false true false NEW RIVER ELECTRICAL CORP 15 CLOVERDALE PLACE CLOVERDALE VA 24077 CONSTRUCTION 2432633 WILDFIRE PIPELINE CONTRACTORS 712 JACKSON PIKE GALLIPOLIS OH 45631 ROW 1381685 POWER SYSTEM ENGINEERING INC 2424 RIMROCK RD SUITE 300 MADISON WI 53713 ENGINEERING 1004875 WA KENDALL & CO INC PO BOX 831 LAWRENCEVILLE GA 30046 CLEARING 619312 ASPLUNDH TREE EXPERT CO 708 BLAIR MILL RD WILLOW GROVE PA 19090 CLEARING 531238 6 ELECTRIC SALES 221122 41869917 41869917 OTHER ELECTRIC REVENUE 221122 1108551 1108551 ELECTRIC PROPERTY 221122 572840 572840 43551308 42793 42793 197 -197 -197 -197 PATRONAGE CAPITAL 221122 1385913 1385913 NON-OPERATING REVENUE 221122 21789 21789 1407702 45001606 44385973 615633 5000 1255720 588487 3329859 830806 313699 102027 37800 2098 583886 26259 2694542 3793506 42320 COST OF POWER 23239438 MAINTENANCE 3565921 OPERATIONS 2274684 TAXES 1238474 1077080 45001606 0 0 0 2487146 764858 3574829 4023956 1906972 2919032 2474944 2543450 131604291 27961667 102127383 103642624 20509675 20326220 17172 51381 133098121 134271521 4282060 3409458 77490094 79446034 5439195 5647618 87211349 88503110 X 45886772 45768411 45886772 45768411 133098121 134271521 X 0 -118361 X false true X true false 126169494 27457450 98712044 5434797 504217 4930580 103642624 PATRONAGE CAPITAL - VARIOUS 18408505 C BUCKEYE POWER INC-EQUITY CAPITAL 963945 C CFC-CAPITAL TERM CERTIFICATES 953770 C 20326220 ACCRUED TAXES 1402299 OTHER LIABILITIES (DEPOSITS) 1168187 ACCUM PROVISION FOR PENSION & BENEFI 954829 REVENUE DEFERRAL 750000 DEFERRED CREDITS 743288 OTHER DEFERRED CREDITS 629015 5647618 X 45001606 45001606 45001606 43745886 43745886 1255720 1255720 45001606 SCHEDULE D, PAGE 3, PART X THE AUTHORITY COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. THIS STANDARD 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 AUTHORITY ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN. TAX RETURNS FOR THE YEARS ENDED 2019, 2020 AND 2021 ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. SCHEDULE D, PAGE 4, PART XII, LINE 4B YE MARGINS ALLOC TO MEMBERS 1,255,720 X X false false false TONDA MEADOWS EVP.GM 192728 60423 15482 268633 KENT ELDRIDGE VP MEMBER SERVICES 116346 40234 23371 179951 TODD ALFORD LINEMAN 129138 22735 27546 179419 JAMES WALKER LINEMAN 120383 22735 29126 172244 TIMOTHY TUCKER LINEMAN 126498 22931 22288 171717 JAMES STAPLETON LINEMAN 133390 22735 14247 170372 CODY WALTER LINEMAN 112027 22735 28562 163324 SCHEDULE J, PART III SCHEDULE J, PART II: COLUMN (C) CONTAINS EMPLOYER DEFINED RETIREMENT PLAN CONTRIBUTIONS, EMPLOYER 401K CONTRIBUTIONS, AND DEFINED RETIREMENT PLAN CHANGE IN ACTUARIAL VALUE. COLUMN (D) CONTAINS THE FOLLOWING PRETAX ITEMS PAID BY THE EMPLOYEE: HEALTH INSURANCE, SUPPLEMENTAL SECTON 125 INSURANCE, HEALTH SAVINGS ACCOUNT CONTRIBUTIONS. COLUMN (D) ALSO CONTAINS THE FOLLOWING ITEMS PAID BY THE EMPLOYER: HEALTH INSURANCE AND HEALTH SAVINGS ACCOUNT CONTRIBUTIONS. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO THE MEMBERS OF THE COOPERATIVE IN THE NINE COUNTIES OF SOUTHERN OHIO. THE COOPERATIVE IS A MEMBER-OWNED, LOCALLY MANAGED AND DEMOCRATICALLY- CONTROLLED UTILITY WITH ROOTS GOING BACK TO THE MID-1930S. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS 14,541 VOTING MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS, CUSTOMERS, VOTE FOR THE OFFICERS BY BALLOT AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B FINANCE OFFICER REVIEWS 990 WITH AUDIT REPORT FORM 990, PAGE 6, PART VI, LINE 12C AN EMPLOYEE MUST DISCLOSE TO HIS/HER APPROPRIATE SUPERVISOR ANY SITUATION OR TRANSACTION, IN WHICH THE EMPLOYEE IS INVOLVED WHICH VIOLATES, MAY VIOLATE, OR COULD APPEAR TO VIOLATE THE OBJECTIVE OF THIS POLICY. THE SUPERVISOR WILL THEN DISCUSS THIS WITH THE EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER TO DETERMINE WHAT ACTION SHOULD BE TAKEN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD BY USING COMPENSATION SURVEYS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS DETERMINED BY USING COMPENSATION SURVEYS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE ANNUAL MEETING, COOPERATIVE LIVING MAGAZINE OR BY REQUEST. FORM 990, PART XI, LINE 9 CURRENT YR NET MARGINS 1,255,720 POST RETIREMENT BENEFITS LOSS -27,492 CAPITAL CREDITS REASSIGNED 360,181 RETIRE PATRONAGE CAPITAL -1,706,770 TOTAL -118,361