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June 2019 Billing Insert Thank You for Your Membership! We appreciate your business Butler County REC exists to make sure YOUR needs are met, not to make a profit As a member of your electric cooperative, you are an owner of the business and share in the excess margins in the form of patronage dividends. Your board of directors has elected to set aside $2,482,958.43 in excess margins for 2018. These margins—retained as patronage capital—will be used to help keep the cooperative financially sound and the quality of service as high as possible. The funds will also be used to retire debt and build equity in the co-op's distribution system. The board of directors will retire—or pay—those funds when the cooperative's financial condition permits. Patronage dividends. Part of the cooperative difference.

Patronage dividends. Part of the cooperative difference. › files › PDF › Billing... · This year, your cooperative paid back $762,285.12 in patronage for 2000 and a portion

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June 2019 Billing Insert

Thank You for Your Membership!We appreciate your business

Butler County REC exists to make sureYOUR needs are met, not to make a profit

As a member of your electric cooperative, you are an owner of the business and share in the excess margins in the form of patronage dividends.

Your board of directors has elected to set aside $2,482,958.43 in excess margins for 2018. These margins—retained as patronage capital—will be used to help keep the cooperative financially sound and the quality of service as high as possible. The funds will also be used to retire debt and build equity in the co-op's distribution system. The board of directors will retire—or pay—those funds when the cooperative's financial condition permits.

Patronage dividends. Part of the cooperative difference.

This year, your cooperative paid back $762,285.12 in patronage for 2000 and a portion of 2017. These funds were returned in February. Members from 2000 and 2017 with active accounts received their dividends as bill credits. Checks were issued to former cooperative members without active accounts. We are missing contact information for the former members listed below and have not been able to deliver their patronage refund checks. Any information regarding their current addresses will be greatly appreciated.

Phone: 319-267-2726 or 888-267-2726Email: [email protected]

Andersen, Karla, Coon Rapids, MNAnderson, Shirley J., Waverly, IAAredale Elevator, Aredale, IA

Bagenstos, Jeanne, Olive Hill, KYBaldwin, Steve, Hazleton, IABatty, John T., Rockford, IABeuthien, Norman H., Cedar Rapids, IABrannon, Terry, New Hampton, IABurman, HS, Waverly, IA

Cedar Wapsie Products, Tripoli, IAClaude, Steve, Garner, IAColby, S. Colene, Sigourney, IACole, Joseph S., Fort Mohave, AZConklin, Michael, Clarksville, IACorporon, Carl, C/O Lyle Cutler, Dumont, IACotton, Daniel, Dike, IACraighton, Kent, Mason City, IACrooks, Martha, Nashua, IA

Davis, Charlotte, Allison, IADavis, Denton, New Hartford, IADeterman, John R., Mason City, IA Dilley Farm, C/O Don Dilley, Waterloo, IADiercks, Lorain, Denver, IA

Egan, Matt, Sumner, IAEnsign, Rick, Oelwein, IAEpley, Eric J., Shell Rock, IA

Figi, Lynda, Cedar Falls, IAFinancial Associates Inc., C/O Jeannie Smith, Irving, TXFinnegan, Mark, Charles City, IAFlach, Chris J., San Francisco, CAFournier, Betty, Leland, IA

Goodman, Richard III, Libertyville, ILGoodwill, Lyn, Nashua, IAGTE Telephone Operations, Irving, TX

Hall, Roger, Waverly, IA

Hanawalt, N E., C/O LaRay Chapman, Ankeny, IAHauser, Andy, Elgin, IAHeine, Howard, Shell Rock, IAHenry, Scott, Harpers Ferry, IAHigh, Gary, Iowa Falls, IAHigh, Paul A. Jr., Nashua, IAHill, Elaine, Waverly, IAHill, Linda, Jesup, IAHutchison, Travis, Verona, WI

Jesse, Joan, Parkersburg, IAJeziorski, Michael, Nashua, IAJoblinske, Larry, Waverly, IAJohnson, Charles, Waterloo, IA

Kellogg, Jennifer, New Hampton, IAKraft, Steve, Hartland, WIKurtt, Viola, Denver, IA

Langan, Steven, Cedar Falls, IALinck, Jon, Frederika, IA

Manley, Charlene, Tripoli, IAMasker, Bobbie, LaPorte City, IAMeyer, Grace V., Frederika, IAMiller, Nick, Denver, IAMuller, Wendell, Nashua, IA

Nelsen, Fred M., Fredericksburg, IANelson, Albin J., C/O Earl Nelson, Marshfield, WINeuendorf, Brenda, Cedar Falls, IANiedert, Ted L., New Hartford, IANieman, Deana, Evansdale, IANorris, Mike, Deer River, MN

Oak Enterpries, C/O Steve Kish, Tripoli, IAOlerich, Mike, Charles City, IA

Plummer, Normadge C., Fredericksburg, IAPower Pro Inc, Galesburg, ILPrairie Best Farms Management, Overland Park, KS

Rausch, Mike, Bruce, WIReb, Alan, Aredale, IAReed, Esther, C/O Roger Reed, Frederika, IARieck, Lorraine, Cedar Rapids, IARomanowski, Brooklyn, Shell Rock, IA

Schares, Jason, Sumner, IAShawver, Helen P., Waterloo, IASheils, Lori, Waterloo, IASievers, Kevin, Tripoli, IASimkins, John, Parkersburg, IASmith, Bryan, Greene, IASmith, Laura, Fredericksburg, IASprague, Edna M., Frederika, IAStabe, Mary, Bend, ORStevens, Larry L., Fairbank, IAStimson, Josie, Jesup, IAStromer, Gary, Tripoli, IA

Tank, Janice, New Hampton, IATeepe, Donald, C/O Alan Teepe, Charles City, IATietz, Lydia, Nashua, IATri-State Signing, New Hampton, IATucker, Dennis, Fredericksburg, IATynan, Richard, Rockford, IA

Ubben, Michael D., Steamboat Rock, IAUhlenhopp, Kathryn E., Sumner, IAUhlenhopp, Michelle, New Hampton, IAUnion Planters Bank, Waterloo, IA

Vadner, Christine, High Ridge, MO

Wahl, William Jr., New Hampton, IAWalden, Sally, Nashua, IAWhalen, Robert, Charles City, IAWilkens, Stacy, Des Moines, IAWilliamstown Store, New Hampton, IA