Overview
What is Jo-Carroll Energy Inc (Nfp)?
Jo-Carroll Energy Inc (Nfp) is a cooperative based in Elizabeth, Illinois, with a PO Box 390 address. This nonprofit organization specializes in electric, natural gas, and broadband/fiber distribution services. With a team of 112 employees, Jo-Carroll Energy strives to improve the quality of life for its members by providing essential utility services. The cooperative serves approximately 19,677 electric meters, 5,806 natural gas meters, and 4,540 broadband/fiber subscribers monthly. Jo-Carroll Energy's mission extends beyond Illinois, reaching locations in Iowa and Wisconsin with fiber distribution.
Official website here: www.jocarroll.com
What are the reviews and ratings of this charity?
Jo-Carroll Energy Inc (Nfp) currently does not have a rating from Charity Navigator. This lack of rating is due to the organization's status as a non-501(c)(3) entity, which makes it ineligible for evaluation based on Charity Navigator's standard methodologies like Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability.
The absence of a rating should not be interpreted as a negative or positive assessment but rather an indication that no formal evaluation has been conducted by Charity Navigator. Historical ratings that may exist primarily reflect the organization's Accountability and Finance score up to a certain point, but recent evaluations in terms of leadership or adaptability have not been considered.
No user reviews for Jo-Carroll Energy Inc (Nfp) are available on GreatNonprofits, which means there is no additional user feedback to provide insights into the organization's operations, programs, or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Jo-Carroll Energy Inc (Nfp) legitimate?
Jo-Carroll Energy Inc (Nfp) is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jo-Carroll Energy Inc (Nfp) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,727,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,662,144
For more financial information, click here
Official website here: www.jocarroll.com
What is the mission statement of Jo-Carroll Energy Inc (Nfp)?
Jo-Carroll Energy Inc (Nfp) is a cooperative dedicated to enhancing the quality of life for its members. Through the distribution of electricity, natural gas, and broadband/fiber, the cooperative aims to provide essential services to a defined community. The mission of Jo-Carroll Energy, Inc (Nfp) is to deliver these utilities to 19,677 electric meters, 5,806 natural gas meters, and 4,540 broadband/fiber subscribers every month. By ensuring reliable access to these necessities, the cooperative contributes to the overall well-being of its membership.
Official website here: www.jocarroll.com
Who is the CEO of Jo-Carroll Energy Inc (Nfp)?
Michael Casper is the CEO of Jo-Carroll Energy Inc (Nfp) The CEO's salary of Jo-Carroll Energy Inc (Nfp) is $362,590 and their total compensation is $565,064.
Official website here: www.jocarroll.com
What is the revenue of Jo-Carroll Energy Inc (Nfp)?
Jo-Carroll Energy Inc (Nfp)'s revenue in 2023 was $66,110,466.
Official website here: www.jocarroll.com
Who are the executives of Jo-Carroll Energy Inc (Nfp) and what are their salaries?
The average compensation at Jo-Carroll Energy Inc (Nfp) during 2023 was $72,230. There are 130 employees at Jo-Carroll Energy Inc (Nfp).
Here are 20 key members and their salaries (Jo-Carroll Energy Inc (Nfp)'s CEO's salary is $362,590 and their total compensation is $565,064):
- Compensation: $22,590
- Related: $0
- Other: $0
- Compensation: $6,715
- Related: $0
- Other: $0
- Compensation: $12,715
- Related: $0
- Other: $0
- Compensation: $13,900
- Related: $0
- Other: $0
- Compensation: $6,350
- Related: $0
- Other: $0
- Compensation: $14,295
- Related: $0
- Other: $0
- Compensation: $12,870
- Related: $0
- Other: $0
- Compensation: $12,320
- Related: $0
- Other: $0
- Compensation: $21,405
- Related: $0
- Other: $0
- Compensation: $14,295
- Related: $0
- Other: $0
- Compensation: $11,925
- Related: $0
- Other: $0
- Compensation: $196,796
- Related: $0
- Other: $117,740
- Compensation: $362,590
- Related: $0
- Other: $202,474
- Compensation: $170,938
- Related: $0
- Other: $96,330
- Compensation: $210,558
- Related: $0
- Other: $125,702
- Compensation: $170,080
- Related: $0
- Other: $27,687
- Compensation: $155,794
- Related: $0
- Other: $74,073
- Compensation: $140,554
- Related: $0
- Other: $79,384
- Compensation: $158,646
- Related: $0
- Other: $85,111
- Compensation: $161,749
- Related: $0
- Other: $91,185
Official website here: www.jocarroll.com
Where can I find the form 990 for Jo-Carroll Energy Inc (Nfp)?
Jo-Carroll Energy Inc (Nfp)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jocarroll.com
Learn more at the official website: www.jocarroll.com
Mission Statement of Jo-Carroll Energy Inc (Nfp)
Jo-Carroll Energy Inc (Nfp), a cooperative organized under Illinois law, is committed to enhancing the quality of life for its members. This nonprofit entity provides essential services, including electricity, natural gas, and broadband/fiber, to a defined service area in western Illinois, as well as fiber to locations in Iowa and Wisconsin.
Jo-Carroll Energy Inc (Nfp) strives to make a difference in the lives of its members by distributing these vital resources. Their electric service reaches 19,677 meters each month, ensuring homes and businesses have a consistent power supply. Meanwhile, their natural gas distribution serves 5,806 meters monthly, providing warmth and energy for daily use. Lastly, their broadband/fiber service connects 4,540 subscribers, enabling them to access high-speed internet, which is increasingly necessary in today's digital world.
This cooperative exists beyond just supplying essential utilities to its members. Its mission extends to improving overall quality of life. By providing these essential services, Jo-Carroll Energy Inc (Nfp) contributes to the economic development, safety, and community growth in the areas it serves. Its dedication to its members goes beyond the bare essentials, ensuring they have access to reliable and efficient energy solutions, creating a more comfortable and connected lifestyle.
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Impact
October, 2024
Jo-Carroll Energy Inc (Nfp) plays a significant role in enhancing the quality of life for its members by providing essential services such as electricity, natural gas, and broadband/fiber. Serving a defined area in western Illinois, the cooperative connects 19,677 electric meters, 5,806 natural gas meters, and 4,540 broadband subscribers monthly.
By ensuring access to reliable energy sources, Jo-Carroll Energy supports households and businesses in fostering economic growth and stability. Additionally, their broadband services contribute to bridging the digital divide, enabling members to access educational resources, telehealth services, and remote work opportunities.
Overall, Jo-Carroll Energy's operations reinforce community well-being and development, making a meaningful impact on the quality of life for its members in Illinois, Iowa, and Wisconsin.
This information is meant to be a general summary of Jo-Carroll Energy Inc (Nfp). Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $20,240
- Program Service Revenue: $65,472,930
- Gross Receipts: $66,110,466
Assets and Liabilities:
- Total Assets: $166,773,401
- Total Liabilities: $126,207,154
- Net Assets: $40,566,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY, GAS, & BROADBAND
Revenue
$63,720,161
CAPITAL CREDIT ALLOCATION
Revenue
$1,688,561
POLE RENTAL INCOME
Revenue
$64,208
Organization Details
Founding Year
1939
Principal Officer
Michael Casper
Website
www.jocarroll.comNTEE Category
Code: W80 - Public benefit
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