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Nonprofit · EIN 31-0231070

BUTLER RURAL ELECTRIC COOP INC

Tax-exempt · OXFORD, OH 45056

Financials

$36M$36M2021$36.5M$36.5M2023$38.3M$38.3M2024
Revenue Expenses · by fiscal year end
Financials of BUTLER RURAL ELECTRIC COOP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$38,311,420$38,311,420$0$97,896,704$54,947,718$42,948,986
December 31, 2023990$36,467,194$36,467,194$0$96,462,443$53,905,083$42,557,360
December 31, 2021990$35,958,515$35,958,515$0$91,497,064$50,164,539$41,332,525
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$37,331,238
Investment income
$190,207
Net rental income
$393,749
Net gain from sales of assets
-$9,218
Net income from sales of inventory
$76,425
Other revenue
$789,975

Expenses

Grants and similar amounts paid
$25,000
Benefits paid to members
$2,294,911
Compensation of officers, directors and key employees
$1,128,489
Salaries, compensation and benefits (total)
$5,999,397
Professional fundraising fees
$0
Legal fees
$97,150
Accounting fees
$25,350
Occupancy
$1,642,150
Travel
$63,915
Depreciation
$2,887,206
Program services (functional)
$38,311,420

Balance sheet and other

Total assets, start of year
$96,462,443
Total assets, end of year
$97,896,704
Total liabilities, end of year
$54,947,718
Net assets, end of year
$42,948,986
Land, buildings and equipment
$70,626,196
Gross unrelated business income
$128,243
Gross receipts
$38,550,800
Employees
51
Volunteers
0
Year formed
1936
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
THOMAS WOLFENBARGERGENERAL MANAGER
Officer
45$237,580$93,581
LAURA SMITHDIRECTOR OF CORPORATE AND MEMBER SERVICES
Highest-paid employee
45$152,619$58,816
JULIE ABBOTTDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
50$153,137$55,381
STEVEN ABRAMSLEAD LINEWORKER
Highest-paid employee
48$153,495$52,040
RAYMOND BRUNNEROPERATIONS CONSTRUCTION COORDINATOR
Highest-paid employee
42$149,215$52,477
MICHAEL JOHNSONLEAD LINEWORKER
Highest-paid employee
48$150,800$50,817
DAVID EVANSPRESIDENT
Officer
9$23,020$0
JAMES MEADORVICE PRESIDENT
Officer
7$18,745$0
MICHAEL TILTONSECRETARY TREASURER
Officer
6$16,986$0
THOMAS MCQUISTONTRUSTEE
Trustee or director
6$15,050$0
JAMES O'BRIENTRUSTEE
Trustee or director
5$13,902$0
JAY HASBROOKTRUSTEE
Trustee or director
7$12,952$0
ROBERT SPAETHTRUSTEE
Trustee or director
8$10,843$0
RONALD KOLBTRUSTEE
Trustee or director
6$9,110$0
VICKIE JO BARGERTRUSTEE
Trustee or director
5$6,900$0
1 more people on this return
NameTitleHours / weekCompensation
ROBERT HOELLETRUSTEE
Trustee or director, Former
6$4,135
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
THOMAS WOLFENBARGERGENERAL MANAGER
Officer
45$233,984$90,637
LAURA SMITHDIRECTOR OF CORPORATE AND MEMBER SERVICES
Highest-paid employee
45$147,624$57,875
MICHAEL MURRAYDIRECTOR OF OPERATIONS
Highest-paid employee
50$146,793$57,014
JULIE ABBOTTDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
50$149,086$53,486
RAYMOND BRUNNEROPERATIONS CONSTRUCTION COORDINATOR
Highest-paid employee
42$140,917$50,878
STEVEN ABRAMSLEAD LINEWORKER
Highest-paid employee
48$140,236$49,086
DAVID EVANSPRESIDENT
Officer
9$23,318$0
MICHAEL TILTONTRUSTEE
Trustee or director
6$16,450$0
JAMES MEADORSECRETARY TREASURER
Officer
7$16,444$0
ROBERT HOELLEVICE PRESIDENT
Officer
6$14,401$0
THOMAS MCQUISTONTRUSTEE
Trustee or director
5$13,120$0
JAMES O'BRIENTRUSTEE
Trustee or director
5$12,743$0
RONALD KOLBTRUSTEE
Trustee or director
7$12,328$0
ROBERT SPAETHTRUSTEE
Trustee or director
8$11,388$0
JAY HASBROOKTRUSTEE
Trustee or director
6$10,399$0
990 for the year ended December 31, 2021: 16 people
NameTitleHours / weekCompensationOther / benefits
THOMAS C WOLFENBARGERGENERAL MANAGER
Officer, Key employee
45$218,602$65,007
MICHAEL MURRAYDIR OF OPERATIONS
Highest-paid employee
51$148,532$52,748
GREGORY PHILLIPSDIR OF CORP SERVICES
Highest-paid employee
43$145,058$55,161
LISA STAGGS HERRMANNDIR MEMBER/COMMUNITY
Highest-paid employee
40$144,338$55,574
JULIE ABBOTTDIR OF HUMAN ADMIN
Highest-paid employee
50$142,957$55,766
JUDITH PERSINGERDIR OF ACCFINANCE
Officer, Key employee
42$143,507$51,731
KEVIN MADDOCKCLASS A LINEMAN
Highest-paid employee
45$128,096$48,926
THOMAS L MCQUISTONPRESIDENT
Trustee or director, Officer
8$16,288$0
ROBERT HOELLETRUSTEE
Trustee or director, Officer
7$16,167$0
WILLIAM FOSTERTRUSTEE
Trustee or director
7$14,853$0
JAMES MEADORTRUSTEE
Trustee or director
7$13,863$0
MICHAEL TILTONTRUSTEE
Trustee or director
5$13,318$0
DAVID EVANSSECRETARY/TREAS
Trustee or director, Officer
8$13,279$0
JAY HASBROOKTRUSTEE
Trustee or director
10$12,693$0
RONALD KOLBTRUSTEE
Trustee or director
7$12,575$0
ROBERT SPAETHTRUSTEE
Trustee or director
6$11,883$0

Address and contacts

Address (IRS master file)
3888 STILLWELL BECKETT RD, OXFORD, OH 45056-9115
In care of
% THOMAS C WOLFENBARGER
Principal officer (990 for 2024)
THOMAS C WOLFENBARGER, 3888 STILLWELL BECKETT RD, OXFORD, OH 450569115
Signed the 990
Evan Rauch, CFO
Phone
(513) 867-4400

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.

990 for the year ended December 31, 2024

Program accomplishments

  • THE COOPERATIVE IS AN INTEGRAL PART OF THE COMMUNITY PROVIDING ELECTRIC SERVICE TO THE THE MEMBERS IN BUTLER HAMILTON PREBLE AND MONTGOMERY COUNTINES
    Expenses $38,311,420 · grants $25,000 · revenue $38,311,420

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-0231070
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$97,896,704
Income (IRS master file)
$38,550,800

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$38,311,420$38,311,420$97,896,704XML
990December 2023$36,467,194$36,467,194$96,462,443XML
990December 2022$37,254,459$37,254,459$94,737,725IRS
990December 2021$35,958,515$35,958,515$91,497,064XML
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0231070).

Questions about BUTLER RURAL ELECTRIC COOP INC

What is the EIN of BUTLER RURAL ELECTRIC COOP INC?
The employer identification number (EIN) of BUTLER RURAL ELECTRIC COOP INC is 31-0231070.
Is BUTLER RURAL ELECTRIC COOP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to BUTLER RURAL ELECTRIC COOP INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BUTLER RURAL ELECTRIC COOP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUTLER RURAL ELECTRIC COOP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUTLER RURAL ELECTRIC COOP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BUTLER RURAL ELECTRIC COOP INC?
The 990 for the year ended December 31, 2024 names THOMAS C WOLFENBARGER.
Who are the officers and directors of BUTLER RURAL ELECTRIC COOP INC?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $237,580 (THOMAS WOLFENBARGER, GENERAL MANAGER).
How much revenue does BUTLER RURAL ELECTRIC COOP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $38,311,420, expenses of $38,311,420 and total assets of $97,896,704 at year end.

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