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Filing year 2024

BUCKEYE RURAL ELECTRIC CO-OP INC

Rio Grande, Ohio·EIN 31-4137520·12
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 · Schedule J · 17 reported individuals · Filing year 2024

Gm/ceo
officer (unspecified)
$320k
$344k
Base
$217k
Bonus
Other
Benefits
$29k
Base
$143k
Bonus
Other
Benefits
$32k
VP of Admin
vice president
$205k
$221k
Base
$136k
Bonus
Other
Benefits
$24k
Operations M
highest compensated employee
$202k
$217k
Base
$125k
Bonus
Other
Benefits
$32k
Lineman
highest compensated employee
$189k
$203k
Base
$132k
Bonus
Other
Benefits
$29k
Lineman
highest compensated employee
$188k
$202k
Base
$129k
Bonus
Other
Benefits
$31k
Lineman
highest compensated employee
$184k
$198k
Base
$132k
Bonus
Other
Benefits
$24k
Lineman
highest compensated employee
$179k
$193k
Base
$136k
Bonus
Other
Benefits
$16k
$20k
$21k
Trustee
board member
$20k
$21k
Sect/treas
officer (unspecified)
$19k
$20k
Trustee
board member
$14k
$15k
Trustee
board member
$14k
$15k
Trustee
board member
$12k
$13k
Trustee
board member
$10k
$11k
Trustee
board member
$10k
$10k
Trustee
board member
$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.

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.
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