Jo-Carroll Energy Inc (Nfp)

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 361284865 ✦ Elizabeth, IL ✦ Designated as a 501(c)(12)

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

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,723,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,298,912

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 President & Ceo of Jo-Carroll Energy Inc (Nfp). The CEO's salary of Jo-Carroll Energy Inc (Nfp) is $350,071 and their total compensation is $539,825.


Official website here: www.jocarroll.com

What is the revenue of Jo-Carroll Energy Inc (Nfp)?

Jo-Carroll Energy Inc (Nfp)'s revenue in 2022 was $66,042,694.


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 2022 was $71,633. There are 112 employees at Jo-Carroll Energy Inc (Nfp).

Here are 19 key members and their salaries (Jo-Carroll Energy Inc (Nfp)'s CEO's salary is $350,071 and their total compensation is $539,825):

    Michael Casper (President & Ceo)
  • Compensation: $350,071
  • Related: $0
  • Other: $189,754

    • Kyle Buros (Sr. Vp & Coo)
  • Compensation: $196,712
  • Related: $0
  • Other: $143,890

    • Charles Woods (Vice President & Cfo)
  • Compensation: $184,651
  • Related: $0
  • Other: $107,825

    • Brad Edler (Director Of Engineering)
  • Compensation: $157,197
  • Related: $0
  • Other: $100,281

    • Meredith Sevey (Vp Of Human Resources)
  • Compensation: $147,525
  • Related: $0
  • Other: $84,962

    • Jennifer Meyer (Vp Of Member Services)
  • Compensation: $147,100
  • Related: $0
  • Other: $80,316

    • Kenneth Siversten (Director Of Member Services)
  • Compensation: $126,414
  • Related: $0
  • Other: $91,248

    • Steve Ludwig (Line Foreman)
  • Compensation: $131,375
  • Related: $0
  • Other: $77,758

    • Anthony Schefsky (Line Foreman)
  • Compensation: $127,484
  • Related: $0
  • Other: $66,658

    • David Senn (Chairman) [Trustee/Director]
  • Compensation: $21,800
  • Related: $0
  • Other: $0

    • Larry Carroll (Director)
  • Compensation: $21,010
  • Related: $0
  • Other: $0

    • Gerald Meyer (Director)
  • Compensation: $16,080
  • Related: $0
  • Other: $0

    • Joseph Mattingley (Director)
  • Compensation: $15,875
  • Related: $0
  • Other: $0

    • Dan Tindell (Director)
  • Compensation: $15,480
  • Related: $0
  • Other: $0

    • Marcia Stanger (Secretary) [Trustee/Director]
  • Compensation: $15,085
  • Related: $0
  • Other: $0

    • Russell Holesinger (Vice Chairman) [Trustee/Director]
  • Compensation: $14,295
  • Related: $0
  • Other: $0

    • Thomas Lundy (Director)
  • Compensation: $13,505
  • Related: $0
  • Other: $0

    • Patricia Smith (Director)
  • Compensation: $11,135
  • Related: $0
  • Other: $0

    • Robert Kuhns (Treasurer) [Trustee/Director]
  • Compensation: $11,135
  • Related: $0
  • Other: $0


  • Official website here: www.jocarroll.com

    Where can I find the form 990 for Jo-Carroll Energy Inc (Nfp)?

    The Jo-Carroll Energy Inc (Nfp)’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Jo-Carroll Energy Inc provides essential services to its members, including electricity, natural gas, and broadband/fiber distribution. By ensuring reliable access to these utilities, Jo-Carroll Energy enhances the quality of life for its members in Western Illinois, as well as fiber locations in Iowa and Wisconsin. The cooperative's impact can be seen in the improved standard of living, convenience, and connectivity it brings to the communities it serves. Additionally, by operating as a cooperative, Jo-Carroll Energy fosters a sense of community ownership and empowerment among its members, further strengthening the social fabric of the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $80,691
  • Program Service Revenue: $65,677,604
  • Gross Receipts: $66,042,694

    • Assets and Liabilities:
  • Total Assets: $166,773,401
  • Total Liabilities: $126,207,154
  • Net Assets: $40,566,247
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF ELECTRICITY, GAS, & BROADBAND

    Revenue

    $64,196,805

    CAPITAL CREDIT ALLOCATION

    Revenue

    $1,405,134

    POLE & TOWER RENTAL/LAND LEASE INCOME

    Revenue

    $75,665

    Organization Details

    Founding Year

    1939

    Principal Officer

    Michael Casper

    Main Address

    PO BOX 390, ELIZABETH, IL, 610280390

    NTEE Category

    Code: W80 - Public benefit

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