Butler Rural Elec Cooperative Assn Inc

The information for Butler Rural Elec Cooperative Assn Inc is as of the organization's most recent filing in December 2019. This organization is located in El Dorado, KS and has been in existence for 78 years, following its founding in 1941.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Butler Rural Elec Cooperative Assn Inc's NTEE code is S21. The "S" tells us that the organization is classified along with Community Improvement & Capacity Building. The "21" tells us that the organization is a Community Coalition. The NTEE describes Community Coalitions as organizations designed to increase citizen participation in local policy issues and thereby improve the overall quality of life in a particular state or community.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(12) organization. The IRS describes these organizations as Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies, Mutual or Cooperative Telephone Companies, and Like Organizations.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Butler Rural Elec Cooperative Assn Inc is to provide reliable electric power, broadband communication services, and other related services to their members at the most affordable cost.

Program Areas

Program Area 1: Cooperative Sells and Distributes Electricity to its members/meters on a cooperative basis and reports all associated revenues, support, and functional expenses within the general fund.

Program Area 2: The Broadband Division was created to provide Broadband Internet services to its members through the construction of a fiber optic and wireless network. The construction and startup phase of the Broadband Division began in 2017, and the first connections began receiving service during 2018. Fiber optic broadband services are provided to members on a patronage basis through the allocation of patronage capital to the extent of margins for this division.

Organization Staffing

Butler Rural Elec Cooperative Assn Inc is run by Robert D Short, who is the CEO. The organization has 57 employees, of whom 5 are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers currently listed as part of the organization.

Board Governance

The Butler Rural Elec Cooperative Assn Inc is well governed. With seven voting members and seven independent members, the organization has a balanced and diverse board. The organization has taken steps to ensure potential conflicts of interest do not exist. The organization has also chosen to manage itself, rather than delegate management to an outside firm. Board and committee meetings are documented, and the organization has both a conflict of interest policy and a written whistleblower policy. Furthermore, the organization has a document retention policy and substantiates and reviews leadership salary. Although the organization does not substantiate and review officer's salaries or provide copies of the 990 to the board prior to filing, the organization is still well governed.

Organization Growth

Over the period of 2014 to 2019, Butler Rural Elec Cooperative Assn Inc has grown significantly. Program Service Revenue, Investment Income, Total Revenue, Employee Salaries and Total Employees have all increased over this period, indicating that the nonprofit has expanded its services and increased its workforce. Total Expenses have also increased, which likely reflects its increased capacity to serve the community.