2024-11-04T05:16:06-05:00 2024-06-30 990 2023-07-01 510174617 OHIO RURAL ELECTRIC COOPERATIVES INC % Patrick O Loughlin OHIO 6148465757 6677 BUSCH BLVD COLUMBUS OH 432291101 William Roberts VP Finance & CFO 2024-11-04 2023 2024-10-15 13:58:12Z Patrick O'Loughlin 6677 BUSCH BLVD COLUMBUS OH 432291101 9498582 false X X 1941 OH To safeguard enhance and optimize the environment for electric distribution cooperatives operating in the State of Ohio. 24 24 26 0 387051 387051 5007897 5125037 3394699 4373545 0 0 0 0 8402596 9498582 86800 78900 0 0 4265310 4661286 0 0 0 3521234 3451060 7873344 8191246 529252 1307336 3974987 4315055 1909879 1847377 2065108 2467678 To safeguard enhance and optimize the environment for electric distribution cooperatives operating in the State of Ohio. false false 0 0 4373545 The Magazine is published monthly and provides valuable information to cooperative members about electrification as well as other aspects of living in Ohio. 0 0 0 Legislative and Governmental Affairs provides a unified presence to the state government and economies of scale to the distribution cooperatives throughout the State of Ohio to ensure the cooperatives voice is heard. 78900 78900 0 Member Information and Education provides training courses for electric cooperative directors and employees as well as youth and scholarship programs for distribution cooperative members. 0 0 0 Safety Training and Loss Prevention provides safety training and industry information to electric distribution cooperative employees around the State of Ohio mainly those working in the field. 0 0 0 78900 false false false true false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false true true false false true 70 0 true 26 true true false false false false false false 0 false false false false false false false X 24 24 false false false false true true false true true false false true true true true true true true true false X William Roberts 6148465757 6677 BUSCH BLVD COLUMBUS OH 432291101 William Roberts VP Finance CFO 8.00 32.00 X 75810 303241 132704 Greg Niese Director of IT 4.00 36.00 X 30032 170182 116312 Randall Keefer Director Fuel Procurement By Product Sales 0.00 40.00 X 0 207374 65710 Dave Richardson Plant Manager 0.00 40.00 X 0 214876 75690 Bethany Schunn Plant Manager 0.00 40.00 X 0 258783 59556 Bill Daugherty Director 0.50 0.17 X 5200 0 0 Gene McCluer Director 1.32 0.25 X 4450 0 0 Brad Haupricht Director 1.24 0.25 X 1350 0 0 Rodney Eaton Director 1.66 0.25 X 2250 0 0 Paul Berridge Chairman 1.85 0.25 X X X 4850 0 0 Dr John Saxton Director 2.48 0.25 X X 9200 0 0 Dan Schloemer Director 0.95 0.25 X 4400 0 0 Don McCarty Director 1.85 0.25 X 4050 0 0 Thomas McQuiston Director 1.38 0.25 X 4850 0 0 Robert McCort Director 2.16 0.25 X 5250 0 0 Larry Roof Director 0.91 0.25 X 2925 0 0 Matt Webster Director 1.00 0.25 X 5475 0 0 Tom Graham Director 1.42 0.25 X 3600 0 0 Ed Bay Director 1.03 0.25 X 3375 0 0 Ed Crawford Director 1.98 0.25 X 4625 0 0 Barry Jolliff Director 1.17 0.25 X 4050 0 0 Warren Taylor Director 1.77 0.25 X 5250 0 0 James McConnell Director 1.00 0.25 X X 900 0 0 Roger Rank Vice Chairman 1.92 0.25 X X 5250 0 0 Mitchel Headley Chairman 1.88 0.25 X X 5675 0 0 Ted Black Director 0.73 0.73 X 3600 0 0 Harold Cooper Director 1.37 0.25 X 3150 0 0 Kenneth Brubaker Director 1.00 0.25 X X 2650 0 0 Steve Patton Director 0.97 0.25 X 4625 0 0 William Holcomb Director 1.00 0.25 X 0 0 0 Betty Martin Secretary Treasurer 1.74 0.25 X X 4000 0 0 Nick Wagner Director 2.04 0.25 X 5250 0 0 Thomas Alban VP Power Generation 1.60 38.40 X 11863 284716 114243 Craig Grooms Chief Operating Officer 2.80 37.20 X 24782 329249 127072 Kurt Helfrich General Counsel 6.00 34.00 X 55823 316328 99609 Doug Miller VP Statewide Services 30.00 10.00 X 227039 75680 161763 Patrick OLoughlin President CEO 7.20 32.80 X 211754 964657 140840 Kevin Zemanek VP Operations 2.80 37.20 X 14512 192794 60846 Ben Wilson Assistant VP Power Delivery 4.00 36.00 X 18696 168265 53670 Paul Jackson Director Project Management 0.00 40.00 X 0 204440 46964 780561 3690585 1254979 12 true true true 0 5125037 0 0 0 0 0 5125037 Other Activity 900099 3986494 3986494 0 0 Periodical Publishers 511120 387051 0 387051 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4373545 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9498582 3986494 387051 0 0 0 78900 0 0 0 0 0 636842 0 0 0 0 0 0 0 2585643 0 0 0 720832 0 0 0 494883 0 0 0 223086 0 0 0 0 0 0 0 17615 0 0 0 22000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 240359 0 0 0 0 0 0 0 0 0 0 0 341825 0 0 0 268760 0 0 0 0 0 0 0 19032 0 0 0 0 0 0 0 0 0 0 0 291227 0 0 0 37009 0 0 0 Magazine printing 1122422 0 0 0 Magazine postage 855487 0 0 0 Education Programs 445390 0 0 0 Freelance / Outside Services 156311 0 0 0 -366377 0 0 0 8191246 0 0 0 0 0 0 0 625118 1457458 0 0 0 0 604199 283898 0 0 0 0 0 0 0 0 177200 252881 5018025 2873729 2399366 2144296 0 0 0 0 0 0 0 0 169104 176522 3974987 4315055 1205173 1185196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 704706 662181 1909879 1847377 X 0 0 675 675 2064433 2467003 2065108 2467678 3974987 4315055 X 1307336 0 0 0 0 -904766 X false true X true false false false false 5125037 0 0 0 0 0 0 175987 175987 3279064 1821858 1457206 216872 184890 31982 1346102 866981 479121 2144296 Accumulated Post Employment liability 662181 662181 X 9498582 0 9498582 0 9498582 8191246 0 8191246 0 8191246 Part X, line 2 OREC accounts for uncertainty in income taxes in their financial statements as required under FASB ASC 740 Income Taxes FASB ASC 740. Under FASB ASC 740 an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will be sustained. OREC does not have any material uncertain income tax positions. For the year ended June 30 2024 there were no interest or penalties recorded or included in the Statement of Operations. true Scholarships 42 78900 0 Book N A 0 0 0 0 0 0 0 0 0 0 0 0 Part I Line 2 OREC follows strict rules for selecting and administering scholarship funds. Applicants are judged on scholastic record personal achievements written essays and personal interviews. Funds are distributed to the recipient after proof of college enrollment has been received. Part III Line 0 Column (b) The number of recipients was made by a count of the ledger. X X X false true false Thomas Alban VP Power Generation 11327 271850 114 2736 422 10130 3769 90455 801 19218 16433 394389 0 0 Craig Grooms Chief Operating Officer 23980 318598 25 326 777 10325 7026 93349 1869 24828 33677 447426 0 0 Kurt Helfrich General Counsel 52954 300073 1178 6673 1691 9582 10847 61464 4095 23203 70765 400995 0 0 Doug Miller VP Statewide Services 218052 72684 4763 1588 4224 1408 106308 35436 15014 5005 348361 116121 0 0 Patrick OLoughlin President & CEO 209186 952957 63 287 2505 11413 21748 99074 3603 16415 237105 1080146 0 0 William Roberts VP Finance & CFO 72220 288880 1470 5880 2120 8481 23847 95388 2694 10775 102351 409404 0 0 Kevin Zemanek VP Operations 14107 187422 375 4976 30 396 2883 38305 1376 18282 18771 249381 0 0 Ben Wilson Assistant VP Power Delivery 18422 165801 235 2115 39 349 2682 24137 2685 24166 24063 216568 0 0 Bethany Schunn Plant Manager 0 237323 0 20956 0 504 0 32444 0 27112 0 318339 0 0 Dave Richardson Plant Manager 0 208635 0 3350 0 2891 0 56005 0 19685 0 290566 0 0 Randall Keefer Director Fuel Procurement By Product Sales 0 202670 0 2850 0 1854 0 46040 0 19670 0 273084 0 0 Greg Niese Director of IT 29833 169056 53 298 146 828 13683 77537 3764 21328 47479 269047 0 0 Paul Jackson Director Project Management 0 203667 0 350 0 423 0 29515 0 17449 0 251404 0 0 Part I Line 4b | Name :, Title:, Item Selected:, Amount:| Patrick OLoughlin, 26461| Part I Line 4b | Name :, Title:, Item Selected:, Amount:| William Roberts, 8489| Part I Line 4b | Name :, Title:, Item Selected:, Amount:| Kurt Helfrich, 9241| Part I Line 4b | Name :, Title:, Item Selected:, Amount:| Craig Grooms, 6602| Part VI, Line 6 Ohio Rural Electric Cooperatives Inc. OREC has 24 Members which consist of the 24 electric distribution cooperatives serving Ohio. Part VI, Line 7a | Class of the Person: Directors Nature of their rights:| Each of the 24 members of OREC has the right to appoint one person to serve on the Board of Directors.| Part VI, Line 11b The Form 990 is prepared and reviewed by Company staff and then a copy is provided to the Directors for comments before it is filed with the Internal Revenue Service. Part VI, Line 12c OREC annually discusses with officers directors and key employees the filing and disclosure requirements to determine if any conflicts exist. Part VI, Line 15 | Name of the Person: Patrick OLoughlin | The process used to establish compensation of the person who served in: Compensation for the CEO and employees are reviewed on an annual basis. OREC participates in industry compensation surveys and obtains the results of those surveys. OREC hires an outside compensation consultant who assists in obtaining additional market compensation data and identifying the appropriate job comparisons. The information for the CEO other officers and all employees is reviewed by the Executive Committee and approved by the Board of Directors but the actual allocation to the individual employee is determined by the CEO. The Board of Directors separately approves the compensation of the CEO. | The year in which this process was last undertaken: 2023 Part VI, Line 19 Governing documents conflict of interest policy and financial statements are provided to the public upon request. Part XI, Line 9 | Description:, Explanation:, Amount:| Post retirement benefit plan adjustment, Post retirement benefit plan adjustment, $-904766| Buckeye Power Generating LLC 6677 Busch Blvd Columbus OH 43229 461440770 Acquire electric power OH 177486611 273674053 N/A Buckeye Power Inc 6677 Busch Blvd Columbus OH 43229 310676582 Electric generation and transmission OH 501(C)(12) N/A false National Power Cooperative Inc 6677 Busch Blvd Columbus OH 43229 311670865 Electric generation OH N/A C-Corporation 52194 0 1 false false false false false false false false false false false false false false true true true true false false Buckeye Power Inc N 187460 Cost Buckeye Power Inc O 4573696 Cost Buckeye Power Inc P 515909 Cost Buckeye Power Inc Q 93446 Cost