Butler County Rural Electric Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420163705 ✦ Allison, IA ✦ Designated as a 501(c)(12)

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Overview

What is Butler County Rural Electric Cooperative?

The Butler County Rural Electric Cooperative is a nonprofit organization headquartered in Allison, Iowa. With approximately 5000 members in northeast Iowa relying on their services, their primary mission is to distribute electricity to the community. By providing electrical service, the cooperative aims to enhance the lives of its members and ensure essential infrastructure is in place. The organization employs 41 individuals, working together to maintain a dependable power supply for the community.


Official website here: www.butlerrec.coop

Is Butler County Rural Electric Cooperative legitimate?

Butler County Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Butler County Rural Electric Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $544,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.butlerrec.coop

What is the mission statement of Butler County Rural Electric Cooperative?

The Butler County Rural Electric Cooperative is dedicated to delivering electrical service to its approximately 5000 members in northeast Iowa. This cooperative's mission is centered around providing reliable and essential electricity to enhance the daily lives of its members. Through its operations, the cooperative works diligently to ensure a consistent power supply and maintain the necessary infrastructure for electrical distribution. Additionally, the cooperative may offer various programs or initiatives aimed at improving energy efficiency and sustainability within the community.


Official website here: www.butlerrec.coop

Who is the CEO of Butler County Rural Electric Cooperative?

Craig Codner is the President of Butler County Rural Electric Cooperative. The CEO's salary of Butler County Rural Electric Cooperative is $183,736 and their total compensation is $307,700.


Official website here: www.butlerrec.coop

What is the revenue of Butler County Rural Electric Cooperative?

Butler County Rural Electric Cooperative's revenue in 2022 was $32,954,885.


Official website here: www.butlerrec.coop

Who are the executives of Butler County Rural Electric Cooperative and what are their salaries?

The average compensation at Butler County Rural Electric Cooperative during 2022 was $13,273. There are 41 employees at Butler County Rural Electric Cooperative.


Here are 14 key members and their salaries (Butler County Rural Electric Cooperative's CEO's salary is $183,736 and their total compensation is $307,700):


Duane Rieckenberg (President)
  • Compensation: $10,740
  • Related: $0
  • Other: $0
Gary Poppe (Vice President)
  • Compensation: $4,060
  • Related: $0
  • Other: $0
Tim Schrage (Secretary)
  • Compensation: $7,540
  • Related: $0
  • Other: $0
Troy Feldman (Treasurer)
  • Compensation: $8,265
  • Related: $0
  • Other: $0
Share Brandt (Assistant Secretary-Treasurer)
  • Compensation: $9,135
  • Related: $0
  • Other: $0
Gerald Schmitt (Director)
  • Compensation: $5,510
  • Related: $0
  • Other: $0
Steve Boevers (Director)
  • Compensation: $6,960
  • Related: $0
  • Other: $0
Allyn Harms (Director)
  • Compensation: $7,830
  • Related: $0
  • Other: $0
Leland Boyd (Director)
  • Compensation: $7,250
  • Related: $0
  • Other: $0
Craig Codner (Ceo)
  • Compensation: $183,736
  • Related: $0
  • Other: $123,964
Jane Bradley (Recording Secretary)
  • Compensation: $89,725
  • Related: $0
  • Other: $79,484
Sandra Miller (Hr/Office Manager)
  • Compensation: $112,804
  • Related: $0
  • Other: $91,585
Lori Beach (Financial Accountant)
  • Compensation: $107,364
  • Related: $0
  • Other: $28,423
John Endelman (Operations Manager)
  • Compensation: $103,878
  • Related: $0
  • Other: $71,113


Official website here: www.butlerrec.coop

Where can I find the form 990 for Butler County Rural Electric Cooperative?

Butler County Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.butlerrec.coop

Learn more at the official website: www.butlerrec.coop

Mission Statement of Butler County Rural Electric Cooperative

Butler County Rural Electric Cooperative, a vital organization in northeast Iowa, is dedicated to providing electrical service to its approximately 5000 members. The cooperative's mission is simple yet essential: delivering electricity to its community members.

Butler County Rural Electric Cooperative goes beyond just distributing power. It is a reliable partner to its constituents, ensuring a consistent energy supply that powers their homes and businesses. The cooperative's commitment to its members is unwavering, as it strives to enhance their quality of life through reliable and efficient electrical services.

The cooperative's employees work tirelessly to maintain the electrical infrastructure and address any issues promptly. They are dedicated to providing top-notch customer service, ensuring that every member's needs are met with care and professionalism.

Butler County Rural Electric Cooperative's mission is more than just providing electricity; it is about fostering a sense of community and ensuring that its members have access to the essential services they need to thrive. The cooperative's commitment to its members is evident in its consistent efforts to improve its services and maintain a strong, reliable electrical grid.

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Impact




October, 2024

Butler County Rural Electric Cooperative plays a vital role in providing reliable electrical service to approximately 5,000 members in Northeast Iowa. By distributing electricity efficiently, the cooperative ensures that its members have access to essential power for their homes and businesses. This access to electricity not only supports everyday activities but also contributes to the overall economic development and quality of life within the region. Based in Allison, Iowa, the cooperative is committed to serving its members with a strong focus on community needs and sustainability, fostering a sense of connection and cooperation among residents.




This information is meant to be a general summary of Butler County Rural Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$32,954,885 (2022)
Expenses
$31,150,700 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $235,277
  • Program Service Revenue: $29,249,172
  • Gross Receipts: $33,254,109

Assets and Liabilities:

  • Total Assets: $80,790,437
  • Total Liabilities: $45,228,990
  • Net Assets: $35,561,447

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE OF POWER

Revenue

$29,249,172

Organization Details

Founding Year

1936

Principal Officer

Craig Codner

Main Address

PO BOX 98, ALLISON, IA, 506020098

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