Jackson Electric Cooperative

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

EIN: 390370662 ✦ Blk river fls, WI ✦ Designated as a 501(c)(12)

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Overview

What is Jackson Electric Cooperative?

Jackson Electric Cooperative is a nonprofit organization located in the rural areas of six counties in west central Wisconsin. Their primary mission is to distribute electricity to the residents in these regions. With a team of 22 dedicated employees, they ensure reliable electricity access to rural parts of Jackson County and select areas in five other counties. The cooperative's purpose is to enhance the quality of life for rural residents by providing essential electric services.


Official website here: www.jackelec.com

What are the reviews and ratings of this charity?

Jackson Electric Cooperative does not currently have a rating from Charity Navigator. The absence of a rating does not imply a negative or positive evaluation; rather, it reflects that the organization has not been assessed due to specific criteria that it did not meet, particularly relating to its nonprofit classification. Charity Navigator evaluates only 501(c)(3) nonprofits for eligibility, which Jackson Electric Cooperative does not qualify as.

Since it's not a 501(c)(3), Jackson Electric Cooperative hasn't been evaluated for its impact, leadership, or community involvement. This means that insights typically available through Charity Navigator, such as Accountability & Finance, are not presented. Furthermore, without being assessed under Charity Navigator's criteria, it’s challenging to gauge its operational effectiveness or financial health.

No user reviews are found on GreatNonprofits, leaving a gap in feedback from those who might directly benefit from or engage with the cooperative’s services. This lack of available data from both Charity Navigator and user reviews means there's minimal external insight into its institutional strengths or limitations.


This AI summary has been generated from information found on Charity Navigator.

Is Jackson Electric Cooperative legitimate?

Jackson Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jackson Electric Cooperative 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: $746,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,331

For more financial information, click here


Official website here: www.jackelec.com

What is the mission statement of Jackson Electric Cooperative?

Jackson Electric Cooperative is dedicated to providing electricity to the rural communities in Jackson County and five additional counties in West Central Wisconsin. Its mission revolves around distributing power to these areas, ensuring residents have access to essential energy services. By delivering electricity to these regions, the cooperative plays a vital role in enhancing the livability and comfort of rural homes and businesses. With a focus on rural communities, Jackson Electric Cooperative contributes significantly to improving the quality of life for its members.


Official website here: www.jackelec.com

Who is the CEO of Jackson Electric Cooperative?

Kevin Babcock is the Ceo of Jackson Electric Cooperative. The CEO's salary of Jackson Electric Cooperative is $243,905 and their total compensation is $499,468.


Official website here: www.jackelec.com

What is the revenue of Jackson Electric Cooperative?

Jackson Electric Cooperative's revenue in 2022 was $25,112,932.


Official website here: www.jackelec.com

Who are the executives of Jackson Electric Cooperative and what are their salaries?

The average compensation at Jackson Electric Cooperative during 2022 was $50,448. There are 22 employees at Jackson Electric Cooperative.


Here are 16 key members and their salaries (Jackson Electric Cooperative's CEO's salary is $243,905 and their total compensation is $499,468):


Kevin Babcock (Ceo)
  • Compensation: $243,905
  • Related: $0
  • Other: $255,563
Eric Steien (Line Superintendent)
  • Compensation: $111,199
  • Related: $0
  • Other: $50,272
Adam Wiedl (Lineman)
  • Compensation: $110,754
  • Related: $0
  • Other: $7,793
Hazy Wood (Lineman)
  • Compensation: $106,794
  • Related: $0
  • Other: $20,822
Brian Schultz (Lineman)
  • Compensation: $104,934
  • Related: $0
  • Other: $28,881
Gary Woods (Board President)
  • Compensation: $9,013
  • Related: $0
  • Other: $0
Jerry Huber (Director)
  • Compensation: $8,263
  • Related: $0
  • Other: $0
David Peasley (Board Secretary Treasurer)
  • Compensation: $8,013
  • Related: $0
  • Other: $0
Christopher Curran (Board Vice President)
  • Compensation: $7,513
  • Related: $0
  • Other: $0
Kristi Hanson (Director)
  • Compensation: $7,513
  • Related: $0
  • Other: $0
Brian Huber (Director)
  • Compensation: $7,263
  • Related: $0
  • Other: $0
Daniel Smrekar (Director)
  • Compensation: $6,576
  • Related: $0
  • Other: $0
Leslie Dokkestul (Director)
  • Compensation: $5,830
  • Related: $0
  • Other: $0
Troy Torkelson (Director)
  • Compensation: $5,300
  • Related: $0
  • Other: $0
Stanley Gran (Director)
  • Compensation: $1,952
  • Related: $0
  • Other: $0
Jerome Wagner (Director)
  • Compensation: $1,705
  • Related: $0
  • Other: $0


Official website here: www.jackelec.com

Where can I find the form 990 for Jackson Electric Cooperative?

Jackson Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jackelec.com

Learn more at the official website: www.jackelec.com

Mission Statement of Jackson Electric Cooperative

Jackson Electric Cooperative, a vital nonprofit organization, is dedicated to bringing electricity to rural communities in Jackson County and parts of five neighboring counties in West Central Wisconsin. With a commitment to powering the lives of residents in these areas, the cooperative plays a crucial role in ensuring access to essential utilities that foster economic opportunities and improve overall quality of life.

Through its mission, Jackson Electric Cooperative extends the reach of electricity distribution to rural parts of the region, enabling residents to enjoy modern conveniences and connect with the wider world. As a not-for-profit entity, it prioritizes community needs and works tirelessly to make electricity accessible to those who might otherwise be underserved by traditional energy providers.

Jackson Electric Cooperative's efforts are crucial in powering the daily lives of rural households in the six-county region, enabling them to access essential services and maintain a decent standard of living. By providing a stable and reliable electricity supply, the organization helps residents meet their basic needs, fostering a sense of stability and progress that can contribute to long-term growth and development for the communities it serves.

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Impact




October, 2024

Jackson Electric Cooperative plays a crucial role in providing reliable electricity to rural areas of Jackson County and parts of five other counties in West Central Wisconsin. By ensuring that residents in these regions have access to essential electricity services, the cooperative fosters economic development and enhances the quality of life for its members.

This consistent electrical supply supports local businesses, facilitates modern agricultural practices, and improves access to technology and information. Furthermore, the cooperative's commitment to serving rural communities helps bridge the urban-rural divide, making it easier for residents to thrive in an increasingly connected world. Through its dedicated mission, Jackson Electric Cooperative significantly impacts the social and economic fabric of its service area.




This information is meant to be a general summary of Jackson Electric Cooperative. 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.

Revenue
$25,112,932 (2022)
Expenses
$22,746,892 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $61,776
  • Program Service Revenue: $24,452,227
  • Gross Receipts: $25,405,175

Assets and Liabilities:

  • Total Assets: $50,894,200
  • Total Liabilities: $28,025,352
  • Net Assets: $22,868,848

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Programs

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

Electric Revenues

Revenue

$23,757,512

Capital Credit Allocations

Revenue

$694,715

Organization Details

Founding Year

1937

Principal Officer

Kevin Babcock

Main Address

N6868 COUNTY ROAD F, BLK RIVER FLS, WI, 546155709

NTEE Category

Code: W50 - Public benefit

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