2020-11-04T12:21:29-06:00 2019-12-31 311413363 BHM CPA GROUP INC PO BOX 875 CIRCLEVILLE OH 431130875 990 2019-01-01 310231070 BUTLER RURAL ELECTRIC COOPERATIVE INC BUTL 5138674400 3888 STILLWELL BECKETT ROAD OXFORD OH 45056 THOMAS C WOLFENBARGER DIR OF ENG & PLANNIN 5138674400 2020-11-03 true JEFFREY A HARR P00642474 7404745210 2020-11-04 65.200.43.2 2020-11-04 12:21:29 CS P F377CD620395927EA7B16C37D2CD6DFEEAEC4DDD 6BEDF7B51E5748CA3CB8E60828C5419EACAE2BAA 2019 2021-04-22 16:20:28Z THOMAS L MCQUISTON 3888 STILLWELL BECKETT ROAD OXFORD OH 45056 34559051 false X BUTLERRURAL.COOP X 1936 OH BUTLER RURAL ELECTRIC COOPERATIVE, INC. IS AN ELECTRIC DISTRIBUTION COOPERATIVE, PROVIDING ELECTRIC SERVICE TO MEMBERS IN BUTLER, HAMILTON, MONTGOMERY AND PREBLE COUNTIES. 8 5 51 142819 0 34680087 33678979 135353 83394 610818 575887 35426258 34338260 14000 23500 4484160 2649365 5451542 5770754 0 0 25476556 25894641 35426258 34338260 0 88917303 89731016 47798929 48838717 41118374 40892299 X 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 OF ITS CITIZENS. false false 34338260 NUMBER OF MEMBERS SERVED: 11,458 MONTHY 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. 34338260 false false false false false false false false false true false true false true true false false false false false false false false false false false false true true false false false false false false false false false false false true false false true 28 0 51 true true true false false false false false false false false false false 33678979 882669 false false false X 8 5 false false true false true true true true true false false true true true true true false true true false OH X X JUDITH PERSINGER 5138674400 3888 STILLWELL BECKETT ROAD OXFORD OH 45056 MICHAEL L SIMS GENERAL MANA 45.00 X 269777 0 72218 MICHAEL MURRAY DIR OF OPERA 50.00 X 143024 0 59777 GREGORY PHILLIPS DIR OF CORPO 44.00 X 136925 0 58010 THOMAS C WOLFENBARGER DIR OF ENG & 45.00 X 142043 0 52646 JUDITH PERSINGER DIR OF ACCT& 42.00 X 139681 0 52440 ROBERT HOELLE VICE PRESIDE 8.56 X X 19075 0 0 DAVID EVANS SECRETARY/TR 7.50 X X 15338 0 0 JAMES MEADOR TRUSTEE 6.48 X 14788 0 0 MICHAEL TILTON TRUSTEE 5.38 X 14788 0 0 THOMAS L MCQUISTON PRESIDENT 7.05 X X 14450 0 0 RONALD KOLB TRUSTEE 7.27 X 13263 0 0 WILLIAM FOSTER TRUSTEE 9.08 X 13015 0 0 ROBERT SPAETH TRUSTEE 5.71 X 11650 0 0 TAMMY MANN TRUSTEE 9.58 X 5005 0 0 952820 295091 5 true true false NRECA 4301 WILSON BLVD ARLINGTON VA 22203 INS & BENEFITS 2339622 LEWIS TREE SERVICE PO BOX 731897 DALLAS TX 75373 ROW CLEARING 881532 RURAL ELECTRIC SUPPLY CO 6677 BUSCH BLVD COLUMBUS OH 43229 DIST LN MATERAL 786325 QUALITY LINES INC 2440 BRIGHT RD FINDLAY OH 45840 DIST LN CONST 498275 ATLEC INDUSTRIES PO BOX 11407 BIRMINGHAM AL 35246 LINE TRUCKS 429528 14 SALE OF ELECTRIC ENERGY 221000 32741226 32741226 PROGRAM SERVICE REVENUE 937753 937753 33678979 127864 127864 224426 224426 224426 224426 1000 45470 -44470 -44470 -44470 230039 175321 54718 54718 ASSOC ORGN PATRONAGE CAPITAL 900099 153924 153924 ELECTRICAN WERVICES NON MEMBE 811000 142284 142284 INTERNET NON MEMBER 517000 535 535 296743 34338260 33678979 142819 516462 23500 2649365 1007422 3190929 506863 779707 285833 68247 21100 156094 259506 183795 258634 1470463 86725 136312 1527314 2695400 91851 COST OF POWER 15591004 RIGHT-OF-WAY CLEARING 1270158 ALL OTHER EXPENSES 1106878 STATE OF OH KWH TAX 971160 34338260 0 0 0 631928 1324629 2833912 1963043 3706649 3283330 576962 519551 313578 179764 88018023 21899349 64732527 66118674 15497165 15698535 302399 288185 322183 355305 88917303 89731016 3957965 4168056 41804969 43053052 2035995 1617609 47798929 48838717 X 117880 117970 41000494 40774329 41118374 40892299 88917303 89731016 X 0 -226075 X true X true X true 1062126 1062126 7376786 2892050 4484736 79579111 19007299 60571812 66118674 PATRONAGE CAPITAL - BUCKEYE POWER IN 13097259 HVAC LOANS 543305 EQUITY LOAN - BUCKEYE POWER INC 461000 CAPITAL TERM CERTIFICATE NRUCFC 427020 PATRONAGE CAPITAL - RESCO 243914 CARDINAL PLANT - BUCKEYE POWER INC 225068 MEMBERSHIP - COBANK 159845 PATRONAGE CAPITAL - FEDERATED RURAL 139061 PATRONAGE CAPITAL - NRUCFC 137114 PATRONAGE - CAPITAL NISC 116980 PATRONAGE CAPITAL - NRTC 110741 DUAL FUEL LOANS 27171 INTEREST REC - CFC CAPITAL TERM CERT 5063 MEMBERSHIP - COOPERATIVE RESPONSE CT 2500 MEMBERSHIP - COOPERATIVE FINANCE COR 1000 MEMBERSHIP - NATIONAL RURAL TELE 1000 GEOTHERMAL LOOP LOANS 369 MEMBERSHIP - RURAL ELECTRIC SUPPLY 50 MEMBERSHIP - BUCKEYE POWER 50 MEMBERSHIP - NISC 25 15698535 DEFERRED CREDITS 880208 ACCUM OPERATING PROVISION 458792 COMSUMER DEPOSITS 289890 ACCUM PROVISION FOR RATE REFUND -11281 1617609 X SCHEDULE D, PAGE 3, PART X THE COOPERATIVE COMPLIES WITH ACCOUNTING STANDARDS CODIFICATION (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. THE RETURNS FOR THE YEARS RENDERED 2016, 2017 AND 2018 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. true MIAMI UNIV IES SCHOLARSHI 1 3000 BOOK MIAMI UNIV STUDENT PROJ 1 2500 BOOK BREC SCHOLARSHIPS 13 18000 BOOK SCHEDULE I, PAGE 4, PART IV PART 1 LINE 2 SCHOLARSHIPS WERE AWARDED TO FOURTEEN 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. THE 3,000 IES SCHOLARSHIP IS GIVEN TO MIAMI UNIVERSITY, OXFORD, OHIO WHICH IS A MEMBER OF THE COOPERATIVE AND A LARGE PRESENCE IN THE LOCAL COMMUNITY THAT THE COOPERATIVE SERVES. A STUDENT IS SELECTED BY THE IES FACULTY AND AWARDED THE SCHOLARSHIP. A RECEIPT OF THE DONATION IS PROVIDED BY MIAMI UNIVERSITY. X X false false false MICHAEL L SIMS GENERAL MANAGER 239518 5854 24405 49149 35490 341995 49168 MICHAEL MURRAY DIR OF OPERATIONS 131496 5143 6385 37315 33404 202801 36305 GREGORY PHILLIPS DIR OF CORPORATE SER 126129 4174 6622 32576 35799 194935 33479 THOMAS C WOLFENBARGER DIR OF ENG & PLANNIN 131496 4954 5593 26672 36420 194689 26808 JUDITH PERSINGER DIR OF ACCT&FINANCE 128986 4990 5705 30278 32590 192121 30210 FORM 990 - ORGANIZATION'S 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 PARTICIPATE IN ITS COMMUNITIES, PROVIDING LEADERSHIP AND SUPPORT TO IMPROVE THE QUALITY OF LIFE FOR ALL OF ITS CITIZENS. FORM 990 PART 1, 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 OF OPERATING COSTS AND EXPENSES ARE CLEARLY REFLECTED AND CREDITED IN AN APPROPRIATE RECORD TO THE CAPITAL ACCOUNTS OF EACH PATRON. AT THE CLOSE OF THE YEAR, EACH PATRON IS NOTIFIED OF THE AMOUNT OF CAPITAL THAT HAS BEEN CREDITED TO EACH PATRON'S 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 FOR 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 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, PAGE 6, PART VI, LINE 4 AT THE 82ND ANNUAL MEETING OF THE MEMBERS ON APRIL 25, 2019 THE CODE OF REGULATIONS WAS AMENDED. A COPY OF THE CODE OF REGULATIONS IS SUBMITTED WITH THIS FILING. FORM 990, PAGE 6, PART VI, LINE 6 BUTLER RURAL ELECTRIC COOPERATIVE, INC. IS COMPRISED OF MEMBERS WHO ARE ANY PERSON, WHETHER A NATURAL PERSON OR A FIRM, ASSOCIATION, CORPORATION, PARTNERSHIP, BODY POLITIC OR SUBDIVISON 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, PAGE 6, PART VI, LINE 7A THE ANNUAL MEETING OF THE MEMBERS SHALL BE HELD EACH YEAR AT SUCH A TIME AND PLACE AS 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 THE 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 THAT 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, PAGE 6, PART VI, LINE 11B THE FORM 990, ITS RELATED SCHEDULES AND SUPPLEMENTAL INFORMATION IS PRESENTED TO THE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED MEETING OF THE BOARD PRIOR TO THE FILING OF THE REPORT WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED EACH YEAR 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, PAGE 6, PART VI, LINE 15A THE COOPERATIVE USES THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION'S COMPENSATION SURVEY TO ASSIST IN THE DECISION BY THE BOARD OF TRUSTEES ON THE COMPENSATION OF THE GENERAL MANAGER. THIS DECISION IS MADE EACH DECEMBER DURING THE GENERAL MANAGER'S EMPLOYEE PERFORMANCE EVALUATION. THE EVALUATION IS WRITTEN AND AN 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, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS OF THE COOPERATIVE ARE GIVEN TO EACH MEMBER IN WRITTEN FORM, AT THE TIME OF MEMBERSHIP. THE CONFLICT OF INEREST 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. FORM 990, PART XI, LINE 9 CHANGE IN FUND BALANCE -226,075 CURRENT YEAR MARGINS 2,649,365 PLUS 90 INCREASE IN MEMBERSHIPS, LESS RETIRED PATRONAGE (2,999,619) PLUS RE-ALLOCATION OF UNCLAIMED FUNDS 124,109, LESS DECREASE IN PATRONAGE PAYABLE ACCOUNT OF (20) EQUALS TOTAL CHANGE OF (226,075). BREC-SELECT INC 3888 STILLWELL BECKET ROAD OXFORD OH 45056 020577826 ELECT SERV OH 501C12 BUTLER BUTLER RURAL ELECTRIC true false false false false false false false false false false false false false false false false false false false