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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Buckeye Rural Electric Cooperative Inc.

Buckeye Rural Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

4848 State Route 325 South
Rio Grande, Ohio 45674

Buckeye Rural Electric Cooperative Inc. (EIN: 31-4137520) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Buckeye Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 55 total employees. Among the employees shown here, the average compensation is $211,222. The highest compensated employee at Buckeye Rural Electric Cooperative Inc. is Kent Eldridge with fiscal year 2024 compensation of $319,608.

Revenue, expenses, and employee compensation

Revenue

$50,694,713

Expenses

$50,694,713

Employee compensation

$6,101,099
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kent Eldridge
General Manager and Chief Executive Officer
$319,608
$216,631 No related comp$102,977
Justin Evans
Chief Financial Officer
$223,311
$142,925 No related comp$80,386
Melanie Lawrence
Vice President, Administration
$205,364
$135,594 No related comp$69,770
Weston Clary
Operations Manager
$202,159
$124,820 No related comp$77,339
Jerry Rose
Lineman
$188,642
$132,465 No related comp$56,177
James Walker
Lineman
$187,505
$128,714 No related comp$58,791
Timothy Tucker
Lineman
$183,986
$132,416 No related comp$51,570
James Stapleton
Lineman
$179,198
$135,566 No related comp$43,632

Benchmark Employee Compensation

Non-Employee Board Members

Paul Berridge
President
$19,650
$19,650 No related compNo other comp
Ronald Hatfield
Trustee
$19,500
$19,500 No related compNo other comp
William H Holcomb
Secretary and Treasurer
$18,850
$18,850 No related compNo other comp
J Wesley Williams
Trustee
$14,300
$14,300 No related compNo other comp
Dennis Blakeman
Trustee
$13,850
$13,850 No related compNo other comp
Daniel Newsome
Trustee
$11,900
$11,900 No related compNo other comp
Timothy Stephen Massie
Trustee
$10,300
$10,300 No related compNo other comp
Jodie Penrod
Trustee
$9,700
$9,700 No related compNo other comp
James M Herrell
Trustee
$8,867
$8,867 No related compNo other comp

Contractors

New River Electrical Corp.
Construction
$5,303,275
Filas Tree Serviice LLC
Clearing
$1,900,277
Power System Engineering Inc.
Engineering
$669,359
Wildfire Pipeline Contractors
Clearing
$309,845
WA Kendall CO
Clearing
$292,364

Mission Statement

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.

Revisions to this organization profile

November 14, 2025:
2024 Buckeye Rural Electric Cooperative Inc. 990 filed
November 13, 2024:
2023 Buckeye Rural Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Buckeye Rural Electric Cooperative Inc. 990 filed

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