Jackson Electric Membership Corp

Jefferson, GA
Tax-exempt since Feb. 1943
EIN: 58-0301471

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$643M (2023)

Expenses

$643M (2023)

Total Assets

$1.37B (2023)

Total Liabilities

$752M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Revenue

$643,216,865

Expenses

$643,216,865

Net Income

Net Assets

$620,682,633

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$635,536,508	98.8%
Investment Income	$4,683,993	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,996,364	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,293,613	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,372,521,376
Total Liabilities	$751,838,743
Net Assets	$620,682,633

Club or Co-Op Income
Income From Members	$610,530,071
Income From Other Sources	$4,950,085

Compensation

Key Employees and Officers	Compensation	Related	Other
Roy A Stowe (Coo)	$1,187,880	$0	$172,745
Ernest A Chip Jakins Iii (President &)	$776,969	$0	$233,961
Preston L Chapman (Exec Vp/Ext)	$410,265	$0	$139,155
Amy W Rouse (Exec Vp/Corp)	$394,182	$0	$130,343
Joseph L Dorough (Vp Engineeri)	$363,620	$0	$145,478
Brittany Caison (Vp Marketing)	$333,195	$0	$124,302
Rodney Chandler (Chairman)	$52,011	$0	$0
Lynn Price (Vice Chairma)	$51,261	$0	$0
Otis Jones (Director)	$43,528	$0	$0
Charles B Steele (Director)	$31,076	$0	$0
Sarah Mckinney (Director)	$25,000	$0	$0
Steve Blair (Director)	$24,500	$0	$0
Shade Storey (Secretary/Tr)	$21,500	$0	$0
Alton Thornton (Director)	$19,625	$0	$0
Phillip Sutton (Director)	$8,000	$0	$0
Bill E Carpenter (Director)	$7,182	$0	$0
John Mitchell (Director)	$7,000	$0	$0

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990

Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending May
2023

Form 990 documents are not available for this tax period, but audit documents are available for download.

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending Dec.
2022

Revenue

$690,430,146

Expenses

$690,430,146

Net Income

Net Assets

$585,850,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$685,776,968	99.3%
Investment Income	$1,777,060	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,876,118	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,207,054	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,306,228,327
Total Liabilities	$720,377,713
Net Assets	$585,850,614

Club or Co-Op Income
Income From Members	$664,063,475
Income From Other Sources	$2,331,585

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg S Keith (Cfo)	$788,599	$0	$148,605
Ernest A Chip Jakins Iii (President &)	$719,518	$0	$211,745
Roy A Stowe (Coo)	$497,796	$0	$133,422
Preston L Chapman (Exec Vp/Ext)	$368,083	$0	$127,161
Amy W Rouse (Exec Vp/Corp)	$363,298	$0	$116,629
Joseph L Dorough (Vp Engineeri)	$342,360	$0	$130,768
Rodney Chandler (Vice Chairma)	$48,209	$0	$0
Otis Jones (Chairman)	$46,774	$0	$0
Lynn Price (Secretary/Tr)	$44,709	$0	$0
Steve Blair (Director)	$27,500	$0	$0
Charles B Steele (Director)	$26,825	$0	$0
John Mitchell (Director)	$24,125	$0	$0
Bill E Carpenter (Director)	$17,649	$0	$0
Shade Storey (Director)	$16,500	$0	$0
Alton Thornton (Director)	$15,500	$0	$0
Sarah Mckinney (Director)	$8,000	$0	$0

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990

Filed on Oct. 23, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$616,720,445

Expenses

$616,720,445

Net Income

Net Assets

$562,158,311

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$613,945,012	99.5%
Investment Income	$540,138	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,235,295	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,077,725	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,224,303,203
Total Liabilities	$662,144,892
Net Assets	$562,158,311

Club or Co-Op Income
Income From Members	$594,982,006
Income From Other Sources	$813,741

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg S Keith (Cfo)	$861,260	$0	$139,153
Ernest A Chip Jakins Iii (President &)	$670,474	$0	$198,382
Roy A Stowe (Coo)	$448,130	$0	$127,478
Joseph L Dorough (Vp Engineeri)	$324,471	$0	$127,346
Preston L Chapman (Vp Mkt Ms/Go)	$316,199	$0	$119,620
Amy W Rouse (Vp Finance /)	$303,612	$0	$108,991
Otis Jones (Chairman)	$41,899	$0	$0
Rodney Chandler (Vice Chairma)	$39,554	$0	$0
Lynn Price (Secretary/Tr)	$35,804	$0	$0
Bill E Carpenter (Director)	$21,087	$0	$0
John Mitchell (Director)	$18,500	$0	$0
Steve Blair (Director)	$18,175	$0	$0
Charles B Steele (Director)	$14,175	$0	$0
Shade Storey (Director)	$11,175	$0	$0
Alton Thornton (Director)	$8,500	$0	$0

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990

Filed on Oct. 17, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$614,807,083

Expenses

$614,807,083

Net Income

Net Assets

$544,485,013

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$609,997,807	99.2%
Investment Income	$2,953,375	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,855,901	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,023,500	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,180,710,221
Total Liabilities	$636,225,208
Net Assets	$544,485,013

Club or Co-Op Income
Income From Members	$592,608,663
Income From Other Sources	$3,226,978

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$641,215	$0	$182,959
Greg S Keith (Cfo)	$442,966	$0	$137,918
Roy A Stowe (Coo)	$436,485	$0	$116,246
Joseph L Dorough (Vp Engineeri)	$325,292	$0	$125,380
Preston L Chapman (Vp Mkt Ms/Go)	$324,634	$0	$134,020
Amy W Rouse (Vp Finance /)	$297,454	$0	$105,025
Lynn Price (Secretary/Tr)	$41,210	$0	$0
Rodney Chandler (Vice Chairma)	$35,585	$0	$0
Otis Jones (Chairman)	$33,834	$0	$0
Bill E Carpenter (Director)	$21,065	$0	$0
Charles B Steele (Director)	$20,783	$0	$0
John Mitchell (Director)	$13,675	$0	$0
Steve Blair (Director)	$12,500	$0	$0
Shade Storey (Director)	$11,175	$0	$0
Alton Thornton (Director)	$9,500	$0	$0

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990

Filed on Sept. 28, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$612,612,090

Expenses

$612,612,090

Net Income

Net Assets

$519,926,474

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$601,263,533	98.1%
Investment Income	$9,228,285	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,120,272	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$989,974	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,129,645,634
Total Liabilities	$609,719,160
Net Assets	$519,926,474

Club or Co-Op Income
Income From Members	$584,237,001
Income From Other Sources	$9,342,348

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$563,510	$0	$171,902
Greg S Keith (Cfo)	$413,870	$0	$155,322
Roy A Stowe (Coo)	$411,814	$0	$122,051
Joseph L Dorough (Vp Engineeri)	$298,098	$0	$120,811
Preston L Chapman (Vp Mkt Ms/Go)	$280,894	$0	$119,664
Amy W Rouse (Vp Finance /)	$271,210	$0	$99,430
Otis Jones (Chairman)	$47,561	$0	$0
Rodney Chandler (Vice Chairma)	$44,940	$0	$0
Lynn Price (Secretary/Tr)	$38,690	$0	$0
Charles B Steele (Director)	$28,686	$0	$0
John Mitchell (Director)	$24,500	$0	$0
Bill E Carpenter (Director)	$23,686	$0	$0
Steve Blair (Director)	$20,500	$0	$0
Shade Storey (Director)	$14,000	$0	$0
Alton Thornton (Director)	$12,000	$0	$0

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990

Filed on Nov. 13, 2020

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Fiscal Year Ending May
2019

Form 990 documents are not available for this tax period, but audit documents are available for download.

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2018

Revenue

$588,198,351

Expenses

$588,198,351

Net Income

Net Assets

$469,663,135

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$577,857,521	98.2%
Investment Income	$8,434,662	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,906,168	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$903,820	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,090,188,002
Total Liabilities	$620,524,867
Net Assets	$469,663,135

Club or Co-Op Income
Income From Members	$562,621,069
Income From Other Sources	$12,158,135

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$515,355	$0	$146,466
Greg S Keith (Cfo)	$377,198	$0	$108,525
Roy A Stowe (Coo)	$375,229	$0	$124,775
Amy W Rouse (Vp Finance /)	$298,493	$0	$89,453
Joseph L Dorough (Vp Engineeri)	$284,475	$0	$99,166
Preston L Chapman (Vp Mkt Ms/Go)	$263,837	$0	$91,821
Lynn Price (Secretary/Tr)	$45,496	$0	$0
Rodney Chandler (Vice Chairma)	$39,246	$0	$0
Otis Jones (Chairman)	$38,694	$0	$0
Charles B Steele (Director)	$23,944	$0	$0
Bill E Carpenter (Director)	$23,444	$0	$0
Steve Blair (Director)	$20,500	$0	$0
John Mitchell (Director)	$19,500	$0	$0
Shade Storey (Director)	$17,500	$0	$0
Alton Thornton (Director)	$13,675	$0	$0

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990

Filed on Oct. 28, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$548,251,493

Expenses

$548,251,493

Net Income

Net Assets

$445,196,672

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$538,309,898	98.2%
Investment Income	$7,907,795	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,033,800	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$877,685	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,032,413,919
Total Liabilities	$587,217,247
Net Assets	$445,196,672

Club or Co-Op Income
Income From Members	$521,752,188
Income From Other Sources	$10,541,437

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$480,747	$0	$136,191
Greg S Keith (Cfo)	$361,958	$0	$102,394
Roy A Stowe (Coo)	$360,084	$0	$113,620
Joseph L Dorough (Vp Engineeri)	$264,619	$0	$92,879
Preston L Chapman (Vp Mkt Ms/Go)	$245,243	$0	$84,993
Amy W Rouse (Vp Finance /)	$244,863	$0	$73,467
Lynn Price (Secretary/Tr)	$45,761	$0	$0
Otis Jones (Chairman)	$41,325	$0	$0
Rodney Chandler (Vice Chairma)	$37,961	$0	$0
Charles B Steele (Director)	$28,225	$0	$0
Steve Blair (Director)	$27,250	$0	$0
John Mitchell (Director)	$25,000	$0	$0
Bill E Carpenter (Director)	$23,725	$0	$0
Shade Storey (Director)	$16,500	$0	$0
Alton Thornton (Director)	$15,000	$0	$0

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990

Filed on Oct. 3, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$550,492,161

Expenses

$550,492,161

Net Income

Net Assets

$415,105,510

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$541,213,319	98.3%
Investment Income	$7,207,805	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,071,037	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$810,412	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$991,239,852
Total Liabilities	$576,134,342
Net Assets	$415,105,510

Club or Co-Op Income
Income From Members	$526,927,417
Income From Other Sources	$8,256,357

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$447,154	$0	$116,120
Greg S Keith (Cfo)	$338,043	$0	$83,748
Roy A Stowe (Coo)	$336,574	$0	$83,748
James H Crawford Jr (Vp Cust/Dist)	$333,029	$0	$83,748
James D Smith (Vp Engineeri)	$324,204	$0	$83,748
William P Ormsby (Vp Hr/Corp.)	$323,804	$0	$83,748
Lynn Price (Secretary/Tr)	$39,548	$0	$0
Otis Jones (Vice Chairma)	$38,158	$0	$0
Rodney Chandler (Director)	$32,879	$0	$0
Charles B Steele (Chairman)	$31,283	$0	$0
Steve Blair (Director)	$30,239	$0	$0
John Mitchell (Director)	$22,942	$0	$0
Bill E Carpenter (Director)	$22,739	$0	$0
Shade Storey (Director)	$15,675	$0	$0
Alton Thornton (Director)	$13,675	$0	$0

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990

Filed on Sept. 27, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$541,487,777

Expenses

$541,487,777

Net Income

Net Assets

$386,013,186

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$533,048,076	98.4%
Investment Income	$6,262,795	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,176,906	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$779,679	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$956,630,878
Total Liabilities	$570,617,692
Net Assets	$386,013,186

Club or Co-Op Income
Income From Members	$519,776,169
Income From Other Sources	$7,123,774

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest A Chip Jakins Iii (President &)	$419,114	$0	$130,665
James H Crawford Jr (Vp Cust/Dist)	$315,732	$0	$135,706
James D Smith (Vp Engineeri)	$313,156	$0	$117,449
Roy A Stowe (Vp Mktg Memb)	$311,781	$0	$104,314
William P Ormsby (Vp Hr/Corp.)	$310,205	$0	$117,449
Greg S Keith (Vp Fin/Accou)	$305,960	$0	$117,528
Randall Pugh (Pres.&Ceo(re)	$247,329	$0	$44,870
John Mitchell (Director)	$37,892	$0	$0
Otis Jones (Vice Chairma)	$36,945	$0	$0
Charles B Steele (Chairman)	$35,195	$0	$0
Rodney Chandler (Director)	$32,955	$0	$0
Lynn Price (Secretary/Tr)	$32,861	$0	$0
Bill E Carpenter (Director)	$20,351	$0	$0
Shade Storey (Director)	$13,675	$0	$0
Ray Jones (Director)	$10,026	$0	$0
Alton Thornton (Director)	$10,000	$0	$0

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990

Filed on Sept. 6, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$527,699,577

Expenses

$527,699,577

Net Income

Net Assets

$364,489,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$521,231,645	98.8%
Investment Income	$4,797,537	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,670,395	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,199,427	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$894,395,376
Total Liabilities	$529,905,530
Net Assets	$364,489,846

Club or Co-Op Income
Income From Members	$508,051,937
Income From Other Sources	$5,862,296

Compensation

Key Employees and Officers	Compensation	Related	Other
Randall Pugh (Pres.&Ceo(1/)	$566,859	$0	$57,530
Ernest A Chip Jakins Iii (Pres.&Ceo(4/)	$323,746	$0	$45,072
Roy A Stowe (Vp Mktg Memb)	$290,155	$0	$60,489
James H Crawford Jr (Vp Cust/Dist)	$289,992	$0	$63,264
James D Smith (Vp Engineeri)	$283,233	$0	$63,264
Greg S Keith (Vp Fin/Accou)	$282,415	$0	$63,264
William P Ormsby (Vp Hr/Corp.)	$250,154	$0	$52,220
Otis Jones (Chairman)	$33,498	$0	$0
Rodney Chandler (Secretary Tr)	$33,186	$0	$0
John Mitchell (Director)	$32,036	$0	$0
Lynn Price (Director)	$28,436	$0	$0
Charles B Steele (Vice Chairma)	$24,248	$0	$0
Bill E Carpenter (Director)	$21,898	$0	$0
Ray Jones (Director)	$12,498	$0	$0
Shade Storey (Director)	$11,100	$0	$0
Alton Thornton (Director)	$9,400	$0	$0

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990

Filed on Sept. 8, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$472,013,311

Expenses

$472,013,311

Net Income

Net Assets

$345,426,455

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$465,428,275	98.6%
Investment Income	$4,861,924	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,723,112	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,075,576	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$872,514,175
Total Liabilities	$527,087,720
Net Assets	$345,426,455

Club or Co-Op Income
Income From Members	$462,744,684
Income From Other Sources	$5,159,472

Compensation

Key Employees and Officers	Compensation	Related	Other
Randall Pugh (President &)	$768,577	$0	$121,000
Roy A Stowe (Vp Mktg Memb)	$244,258	$0	$64,464
James H Crawford Jr (Vp Cust/Dist)	$244,215	$0	$64,581
James D Smith (Vp Engineeri)	$238,199	$0	$64,581
Greg S Keith (Vp Fin/Accou)	$237,335	$0	$64,581
William F Sanders (Dist Mgr Gai)	$151,881	$0	$51,986
John Mitchell (Director)	$32,080	$0	$0
Rodney Chandler (Secretary Tr)	$29,580	$0	$0
Lynn Price (Director)	$24,880	$0	$0
Otis Jones (Chairman)	$24,432	$0	$0
Charles B Steele (Vice Chairma)	$21,432	$0	$0
Bill E Carpenter (Director)	$16,932	$0	$0
Ray Jones (Director)	$11,732	$0	$0
Alton Thornton (Director)	$10,000	$0	$0
Shade Storey (Director)	$9,600	$0	$0
Charles Gorham (Director)	$5,332	$0	$0

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990

Filed on Sept. 8, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$465,036,337

Expenses

$465,036,337

Net Income

Net Assets

$330,465,790

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$460,087,882	98.9%
Investment Income	$3,861,424	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,087,031	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$776,171	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$830,200,360
Total Liabilities	$499,734,570
Net Assets	$330,465,790

Club or Co-Op Income
Income From Members	$457,003,551
Income From Other Sources	$4,312,639

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$467,007,550

Expenses

$467,007,550

Net Income

Net Assets

$314,661,196

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$462,426,355	99.0%
Investment Income	$3,395,327	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,185,868	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$734,378	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$832,806,637
Total Liabilities	$518,145,441
Net Assets	$314,661,196

Club or Co-Op Income
Income From Members	$459,718,148
Income From Other Sources	$3,967,497

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Jackson Electric Membership Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $643M (2023)

Expenses $643M (2023)

Total Assets $1.37B (2023)

Total Liabilities $752M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending May 2023

No Extracted Financial Data

Document Links

Audit

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending May 2019

No Extracted Financial Data

Document Links

Audit

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$643M (2023)

Expenses

$643M (2023)

Total Assets

$1.37B (2023)

Total Liabilities

$752M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending May
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending May
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004