Form 990 for tax year 2023
Filed by OHIO RURAL ELECTRIC COOPERATIVES INC COUNTRY LIVING MAGAZINE.
Totals
- Total revenue
- $9,498,582
- Total expenses
- $8,191,246
- Contributions and grants received
- $5,125,037
- Grants paid
- $78,900
- Program service revenue
- $4,373,545
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $4,315,055
- Total liabilities, end of year
- $1,847,377
- Net assets or fund balances, end of year
- $2,467,678
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $78,900
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$5,125,037
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Other Activity
total $3,986,494 · related or exempt $3,986,494 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Periodical Publishers
total $387,051 · related or exempt $0 · unrelated business $387,051 · excluded $0
-
2c · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2d · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2e · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11b · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11c · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $78,900 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $636,842 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $2,585,643 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $720,832 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $494,883 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $223,086 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $17,615 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $22,000 · program services $0 · management and general $0 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $240,359 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $341,825 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $268,760 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $19,032 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $291,227 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $37,009 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: Magazine printing
total $1,122,422 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: Magazine postage
total $855,487 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: Education Programs
total $445,390 · program services $0 · management and general $0 · fundraising $0
-
24d · Other expenses: Freelance / Outside Services
total $156,311 · program services $0 · management and general $0 · fundraising $0
-
24e · All other expenses
total -$366,377 · program services $0 · management and general $0 · fundraising $0
-
26 · Joint costs (an allocation of the lines above)
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $625,118 · end of year $1,457,458
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $604,199 · end of year $283,898
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $177,200 · end of year $252,881
-
10a · Land, buildings and equipment: cost or other basis
$5,018,025
-
10b · Land, buildings and equipment: accumulated depreciation
$2,873,729
-
10c · Land, buildings and equipment, net
beginning of year $2,399,366 · end of year $2,144,296
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $169,104 · end of year $176,522
-
17 · Accounts payable and accrued expenses
beginning of year $1,205,173 · end of year $1,185,196
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $704,706 · end of year $662,181
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $675 · end of year $675
-
31 · Retained earnings, endowment or other funds
beginning of year $2,064,433 · end of year $2,467,003
Mission and programs · 2023
Mission
To safeguard enhance and optimize the environment for electric distribution cooperatives operating in the State of Ohio.
-
The Magazine is published monthly and provides valuable information to cooperative members about electrification as well as other aspects of living in Ohio.
Revenue $4,373,545
-
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.
-
Member Information and Education provides training courses for electric cooperative directors and employees as well as youth and scholarship programs for distribution cooperative members.
Expenses $78,900 · Grants $78,900
-
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.
As filed on the 2023 return.
Listed in Part VII
-
William Roberts
VP Finance CFO
- Total calculated
- $511,755
- From this org
- $75,810
- From related orgs
- $303,241
- Other
- $132,704
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $72,220 + $288,880 related
- Bonus
- $1,470 + $5,880 related
- Other
- $2,120 + $8,481 related
- Deferred
- $23,847 + $95,388 related
- Nontaxable benefits
- $2,694 + $10,775 related
- Filer's total
- $102,351 + $409,404 related
-
Greg Niese
Director of IT
- Total calculated
- $316,526
- From this org
- $30,032
- From related orgs
- $170,182
- Other
- $116,312
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $29,833 + $169,056 related
- Bonus
- $53 + $298 related
- Other
- $146 + $828 related
- Deferred
- $13,683 + $77,537 related
- Nontaxable benefits
- $3,764 + $21,328 related
- Filer's total
- $47,479 + $269,047 related
-
Randall Keefer
Director Fuel Procurement By Product Sales
- Total calculated
- $273,084
- From this org
- $0
- From related orgs
- $207,374
- Other
- $65,710
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $202,670 related
- Bonus
- $0 + $2,850 related
- Other
- $0 + $1,854 related
- Deferred
- $0 + $46,040 related
- Nontaxable benefits
- $0 + $19,670 related
- Filer's total
- $0 + $273,084 related
-
Dave Richardson
Plant Manager
- Total calculated
- $290,566
- From this org
- $0
- From related orgs
- $214,876
- Other
- $75,690
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $208,635 related
- Bonus
- $0 + $3,350 related
- Other
- $0 + $2,891 related
- Deferred
- $0 + $56,005 related
- Nontaxable benefits
- $0 + $19,685 related
- Filer's total
- $0 + $290,566 related
-
Bethany Schunn
Plant Manager
- Total calculated
- $318,339
- From this org
- $0
- From related orgs
- $258,783
- Other
- $59,556
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $237,323 related
- Bonus
- $0 + $20,956 related
- Other
- $0 + $504 related
- Deferred
- $0 + $32,444 related
- Nontaxable benefits
- $0 + $27,112 related
- Filer's total
- $0 + $318,339 related
-
Bill Daugherty
Director
- Total calculated
- $5,200
- From this org
- $5,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5 + 0.17 related
-
Gene McCluer
Director
- Total calculated
- $4,450
- From this org
- $4,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.32 + 0.25 related
-
Brad Haupricht
Director
- Total calculated
- $1,350
- From this org
- $1,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.24 + 0.25 related
-
Rodney Eaton
Director
- Total calculated
- $2,250
- From this org
- $2,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.66 + 0.25 related
-
Paul Berridge
Chairman
- Total calculated
- $4,850
- From this org
- $4,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.85 + 0.25 related
-
Dr John Saxton
Director
- Total calculated
- $9,200
- From this org
- $9,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.48 + 0.25 related
-
Dan Schloemer
Director
- Total calculated
- $4,400
- From this org
- $4,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.95 + 0.25 related
-
Don McCarty
Director
- Total calculated
- $4,050
- From this org
- $4,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.85 + 0.25 related
-
Thomas McQuiston
Director
- Total calculated
- $4,850
- From this org
- $4,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.38 + 0.25 related
-
Robert McCort
Director
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.16 + 0.25 related
-
Larry Roof
Director
- Total calculated
- $2,925
- From this org
- $2,925
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.91 + 0.25 related
-
Matt Webster
Director
- Total calculated
- $5,475
- From this org
- $5,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 0.25 related
-
Tom Graham
Director
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.42 + 0.25 related
-
Ed Bay
Director
- Total calculated
- $3,375
- From this org
- $3,375
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.03 + 0.25 related
-
Ed Crawford
Director
- Total calculated
- $4,625
- From this org
- $4,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.98 + 0.25 related
-
Barry Jolliff
Director
- Total calculated
- $4,050
- From this org
- $4,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.17 + 0.25 related
-
Warren Taylor
Director
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.77 + 0.25 related
-
James McConnell
Director
- Total calculated
- $900
- From this org
- $900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 0.25 related
-
Roger Rank
Vice Chairman
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.92 + 0.25 related
-
Mitchel Headley
Chairman
- Total calculated
- $5,675
- From this org
- $5,675
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.88 + 0.25 related
-
Ted Black
Director
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.73 + 0.73 related
-
Harold Cooper
Director
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.37 + 0.25 related
-
Kenneth Brubaker
Director
- Total calculated
- $2,650
- From this org
- $2,650
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 0.25 related
-
Steve Patton
Director
- Total calculated
- $4,625
- From this org
- $4,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.97 + 0.25 related
-
William Holcomb
Director
- Total calculated
- $0
- Hours/week
- 1 + 0.25 related
-
Betty Martin
Secretary Treasurer
- Total calculated
- $4,000
- From this org
- $4,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.74 + 0.25 related
-
Nick Wagner
Director
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.04 + 0.25 related
-
Thomas Alban
VP Power Generation
- Total calculated
- $410,822
- From this org
- $11,863
- From related orgs
- $284,716
- Other
- $114,243
- Hours/week
- 1.6 + 38.4 related
Schedule J breakdown matched by us
- Base
- $11,327 + $271,850 related
- Bonus
- $114 + $2,736 related
- Other
- $422 + $10,130 related
- Deferred
- $3,769 + $90,455 related
- Nontaxable benefits
- $801 + $19,218 related
- Filer's total
- $16,433 + $394,389 related
-
Craig Grooms
Chief Operating Officer
- Total calculated
- $481,103
- From this org
- $24,782
- From related orgs
- $329,249
- Other
- $127,072
- Hours/week
- 2.8 + 37.2 related
Schedule J breakdown matched by us
- Base
- $23,980 + $318,598 related
- Bonus
- $25 + $326 related
- Other
- $777 + $10,325 related
- Deferred
- $7,026 + $93,349 related
- Nontaxable benefits
- $1,869 + $24,828 related
- Filer's total
- $33,677 + $447,426 related
-
Kurt Helfrich
General Counsel
- Total calculated
- $471,760
- From this org
- $55,823
- From related orgs
- $316,328
- Other
- $99,609
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $52,954 + $300,073 related
- Bonus
- $1,178 + $6,673 related
- Other
- $1,691 + $9,582 related
- Deferred
- $10,847 + $61,464 related
- Nontaxable benefits
- $4,095 + $23,203 related
- Filer's total
- $70,765 + $400,995 related
-
Doug Miller
VP Statewide Services
- Total calculated
- $464,482
- From this org
- $227,039
- From related orgs
- $75,680
- Other
- $161,763
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $218,052 + $72,684 related
- Bonus
- $4,763 + $1,588 related
- Other
- $4,224 + $1,408 related
- Deferred
- $106,308 + $35,436 related
- Nontaxable benefits
- $15,014 + $5,005 related
- Filer's total
- $348,361 + $116,121 related
-
Patrick OLoughlin
President CEO
- Total calculated
- $1,317,251
- From this org
- $211,754
- From related orgs
- $964,657
- Other
- $140,840
- Hours/week
- 7.2 + 32.8 related
Schedule J breakdown matched by us
- Base
- $209,186 + $952,957 related
- Bonus
- $63 + $287 related
- Other
- $2,505 + $11,413 related
- Deferred
- $21,748 + $99,074 related
- Nontaxable benefits
- $3,603 + $16,415 related
- Filer's total
- $237,105 + $1,080,146 related
-
Kevin Zemanek
VP Operations
- Total calculated
- $268,152
- From this org
- $14,512
- From related orgs
- $192,794
- Other
- $60,846
- Hours/week
- 2.8 + 37.2 related
Schedule J breakdown matched by us
- Base
- $14,107 + $187,422 related
- Bonus
- $375 + $4,976 related
- Other
- $30 + $396 related
- Deferred
- $2,883 + $38,305 related
- Nontaxable benefits
- $1,376 + $18,282 related
- Filer's total
- $18,771 + $249,381 related
-
Ben Wilson
Assistant VP Power Delivery
- Total calculated
- $240,631
- From this org
- $18,696
- From related orgs
- $168,265
- Other
- $53,670
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $18,422 + $165,801 related
- Bonus
- $235 + $2,115 related
- Other
- $39 + $349 related
- Deferred
- $2,682 + $24,137 related
- Nontaxable benefits
- $2,685 + $24,166 related
- Filer's total
- $24,063 + $216,568 related
-
Paul Jackson
Director Project Management
- Total calculated
- $251,404
- From this org
- $0
- From related orgs
- $204,440
- Other
- $46,964
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $203,667 related
- Bonus
- $0 + $350 related
- Other
- $0 + $423 related
- Deferred
- $0 + $29,515 related
- Nontaxable benefits
- $0 + $17,449 related
- Filer's total
- $0 + $251,404 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- 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 I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(12) · Electric generation and transmission · OH
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Buckeye Power Generating LLC
Acquire electric power · OH · income $177,486,611 · assets $273,674,053
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
National Power Cooperative Inc
C-Corporation · Electric generation · OH · 100% owned · share of income $52,194 · share of assets $0
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413099349300751
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