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Filing year 2024

BUCKEYE RURAL ELECTRIC CO-OP INC

Rio Grande, Ohio·EIN 31-4137520·501(c)(12)
Total revenue
$50.7M
Total assets
$139.7M
Total expenses
$50.7M
Reported officers
17
Mission

THE MISSION OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO THE MEMBERS OF THE COOPERATIVE IN THE NINE COUNTIES OF SOUTHERN OHIO. THE COOPERATIVE IS A MEMBER-OWNED, LOCALLY MANAGED AND DEMOCRATICALLY- CONTROLLED UTILITY WITH ROOTS GOING BACK TO THE MID-1930S.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Gm/ceo
Officer (Unspecified)
$320k
$344k
Base
$217k
Bonus
Other
Benefits
$29k
CFO
75th to 90th percentile
$223k
$240k
Base
$143k
Bonus
Other
Benefits
$32k
VP of Admin
Vice President
75th to 90th percentile
$205k
$221k
Base
$136k
Bonus
Other
Benefits
$24k
Operations M
Operations Manager
75th to 90th percentile
$202k
$217k
Base
$125k
Bonus
Other
Benefits
$32k
Lineman
Highest Compensated Employee
Median to 75th percentile
$189k
$203k
Base
$132k
Bonus
Other
Benefits
$29k
Lineman
Highest Compensated Employee
Median to 75th percentile
$188k
$202k
Base
$129k
Bonus
Other
Benefits
$31k
Lineman
Highest Compensated Employee
Median to 75th percentile
$184k
$198k
Base
$132k
Bonus
Other
Benefits
$24k
Lineman
Highest Compensated Employee
Median to 75th percentile
$179k
$193k
Base
$136k
Bonus
Other
Benefits
$16k
President
10th to 25th percentile
$20k
$21k
Trustee
Board Member
Median to 75th percentile
$20k
$21k
Sect/treas
Officer (Unspecified)
$19k
$20k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$14k
$15k
Trustee
Board Member
25th percentile to median
$12k
$13k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$10k
Trustee
Board Member
25th percentile to median
$9k
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 27%
from 2023

From $251k in 2023 to $320k in 2024.

$251k
2023
$320k
2024
In today's dollarsEst.
Up 24% in real terms$278k to $344k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 10% from 2023 to 2024, while revenue rose 8%.

$203k in 2023 to $223k in 2024.
  • Vice President pay rose 22% from 2023 to 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BUCKEYE RURAL ELECTRIC CO-OP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$47M
$47M
2023
$50.7M
$50.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BUCKEYE RURAL ELECTRIC CO-OP INC

What does the Chief Financial Officer of BUCKEYE RURAL ELECTRIC CO-OP INC earn?

In 2024, the Chief Financial Officer of BUCKEYE RURAL ELECTRIC CO-OP INC received $223,311 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at BUCKEYE RURAL ELECTRIC CO-OP INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at BUCKEYE RURAL ELECTRIC CO-OP INC falls between the 75th and 90th percentiles.

What are BUCKEYE RURAL ELECTRIC CO-OP INC's revenue and expenses?

In 2024, BUCKEYE RURAL ELECTRIC CO-OP INC reported $50.7M in total revenue and $50.7M in total expenses on its IRS Form 990.

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