Butler Rural Electric Coop Inc
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$97.9M
+1.5% YoY
Revenue
$38.3M
+5.1% YoY
Net Investment Income
$190K
-21.6% YoY
Expenses
$38.3M
+5.1% YoY
About Butler Rural Electric Coop Inc
Based on IRS filings
Butler Rural Electric Coop Inc is a nonprofit organization, based in OXFORD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $97.9M in total assets. Net investment income was $190K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $97,896,704 | $96,462,443 | $94,737,725 |
| Revenue | $38,311,420 | $36,467,194 | $37,254,459 |
| Expenses | $38,311,420 | $36,467,194 | $37,254,459 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $190,207 | $242,552 | $80,680 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
7 open opportunities from Butler Rural Electric Coop Inc
Community Achievement Scholarship
BUTLER RURAL ELECTRIC COOP INC
Amount
$2,000
Deadline
Rolling / Open
Dr. Gene Willeke Institute for the Environment and Sustainability Scholarship
BUTLER RURAL ELECTRIC COOP INC
Amount
$3,000
Deadline
Rolling / Open
Michael L. Sims Scholarship
BUTLER RURAL ELECTRIC COOP INC
Amount
$2,500 per year for up to 4 years, plus up to $4,600 in additional scholarships from Ohio's Electric Cooperatives
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS WOLFENBARGER | GENERAL MANAGER | 45 | $237,580 |
| JULIE ABBOTT | DIRECTOR OF HUMAN RESOURCES | 50 | $153,137 |
| LAURA SMITH | DIRECTOR OF CORPORATE AND MEMBER SERVICES | 45 | $152,619 |
| MICHAEL JOHNSON | LEAD LINEWORKER | 48 | $150,800 |
| STEVEN ABRAMS | LEAD LINEWORKER | 48 | $153,495 |
| RAYMOND BRUNNER | OPERATIONS CONSTRUCTION COORDINATOR | 42 | $149,215 |
| DAVID EVANS | PRESIDENT | 9 | $23,020 |
| JAMES MEADOR | VICE PRESIDENT | 7 | $18,745 |
| MICHAEL TILTON | SECRETARY TREASURER | 6 | $16,986 |
| ROBERT HOELLE | TRUSTEE | 6 | $4,135 |
| THOMAS MCQUISTON | TRUSTEE | 6 | $15,050 |
| JAMES O'BRIEN | TRUSTEE | 5 | $13,902 |
| RONALD KOLB | TRUSTEE | 6 | $9,110 |
| ROBERT SPAETH | TRUSTEE | 8 | $10,843 |
| JAY HASBROOK | TRUSTEE | 7 | $12,952 |
| VICKIE JO BARGER | TRUSTEE | 5 | $6,900 |
Frequently Asked Questions
How large is Butler Rural Electric Coop Inc?
As of 2024, Butler Rural Electric Coop Inc holds $97.9M in total assets with $38.3M in annual revenue.
What is Butler Rural Electric Coop Inc's EIN?
Butler Rural Electric Coop Inc's EIN (Employer Identification Number) is 31-0231070. IRS Form 990 filing data is available on this page for 2020–2024.
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