Overview
What is Jump River Electric Cooperative Inc?
Jump River Electric Cooperative Inc is a Wisconsin-based nonprofit organization, located in Ladysmith, with a PO Box address (99, 54848). Their mission is to provide dependable and competitively priced electric energy and related services to members under cooperative principles. With a team of 32 employees, they aim to deliver reliable, affordable energy, and other valuable services in a safe and environmentally responsible manner. In 2022, they sold 96.7 million kWh of electricity to their members. Their commitment to their community and customers remains a top priority as they operate on a not-for-profit basis.
Official website here: www.jrec.net
What are the reviews and ratings of this charity?
Jump River Electric Cooperative Inc is not currently rated by Charity Navigator, largely due to the absence of specific beacon scores necessary for evaluation, such as Accountability & Finance or Impact & Measurement. GuideStar ratings often require nonprofits to be registered under 501(c)(3) status, which does not apply to Jump River Electric Cooperative.
The lack of a Charity Navigator rating does not imply any deficit in the organization's performance or operations; it simply reflects that sufficient data has not been provided or applicable criteria have not been met for an evaluation. As an independent organization, Jump River Electric Cooperative's financial and operational data, such as revenue, expenses, and staff salaries, are currently unavailable, highlighting potential transparency limitations.
No user reviews from GreatNonprofits are available for Jump River Electric Cooperative Inc. Therefore, an understanding of their community impact or member experiences through this platform cannot be assessed at present.
This AI summary has been generated from information found on Charity Navigator.
Is Jump River Electric Cooperative Inc legitimate?
Jump River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jump River Electric Cooperative Inc 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: $325,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jrec.net
What is the mission statement of Jump River Electric Cooperative Inc?
Jump River Electric Cooperative Inc is dedicated to providing reliable and affordable energy and related services to its members under cooperative principles. The mission of Jump River Electric Cooperative is to deliver these essentials in a safe and environmentally responsible manner, adapting to the evolving needs of the communities it serves. In 2022, the cooperative supplied 96.7 million kilowatt-hours of electricity to its members. Commitment to this mission includes maintaining a reliable energy supply, competitive pricing, and adding value for members while optimally using resources and technology.
Official website here: www.jrec.net
Who is the CEO of Jump River Electric Cooperative Inc?
Myron Brooks is the Chairman of Jump River Electric Cooperative Inc.
Official website here: www.jrec.net
What is the revenue of Jump River Electric Cooperative Inc?
Jump River Electric Cooperative Inc's revenue in 2022 was $16,877,097.
Official website here: www.jrec.net
Who are the executives of Jump River Electric Cooperative Inc and what are their salaries?
The average compensation at Jump River Electric Cooperative Inc during 2022 was $10,170. There are 32 employees at Jump River Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Compensation: $8,200
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $9,550
- Related: $0
- Other: $0
- Compensation: $4,525
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $7,650
- Related: $0
- Other: $0
- Compensation: $170,257
- Related: $0
- Other: $100,673
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $103,828
- Related: $0
- Other: $78,737
- Compensation: $137,691
- Related: $0
- Other: $52,860
- Compensation: $112,804
- Related: $0
- Other: $67,855
- Compensation: $114,022
- Related: $0
- Other: $108,106
- Compensation: $116,683
- Related: $0
- Other: $75,006
Official website here: www.jrec.net
Where can I find the form 990 for Jump River Electric Cooperative Inc?
Jump River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jrec.net
Learn more at the official website: www.jrec.net
Mission Statement of Jump River Electric Cooperative Inc
Jump River Electric Cooperative Inc, a dedicated organization, strives to provide reliable and affordable electric energy and related services to its members, adhering to cooperative principles. With a mission to offer merit-based energy solutions in a safe and environmentally responsible manner, Jump River Electric Cooperative works diligently to address the growing energy needs of the communities it serves.
In 2022, the cooperative sold a substantial amount of electricity to its members, totaling 96,711,358 KWH. As part of its commitment to its mission, Jump River Electric Cooperative continues to prioritize the provision of dependable, competitively priced energy to customers, without generating profits. The cooperative's top priority lies in delivering maximum value to its members, all while responsibly managing resources and implementing advanced technology.
Jump River Electric Cooperative plays a crucial role in ensuring the energy needs of its members are met, as it strives to maintain a consistent and efficient power supply. The cooperative's unwavering focus on safety and environmental responsibility enables it to make a positive impact on the communities it serves, contributing to a higher quality of life for its members.
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Impact
October, 2024
Jump River Electric Cooperative Inc significantly impacts its community by providing reliable and affordable electric energy and related services. In 2022, the cooperative sold over 96 million kilowatt-hours of electricity to its members, showcasing its commitment to meet the energy demands of the region.
The cooperative focuses on delivering competitively priced energy while emphasizing the wise use of resources and technology, which enhances the quality of service provided to its members. Additionally, Jump River Electric Cooperative prioritizes safety and environmental responsibility, ensuring that its operations align with the growing needs of the communities it serves.
By adhering to cooperative principles, Jump River Electric not only addresses energy needs but also contributes to the overall well-being of the community, fostering a strong sense of local engagement and support.
This information is meant to be a general summary of Jump River Electric Cooperative Inc. 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 2022.
- Investment Income: $42,914
- Program Service Revenue: $16,244,388
- Gross Receipts: $16,985,652
Assets and Liabilities:
- Total Assets: $50,800,248
- Total Liabilities: $32,713,742
- Net Assets: $18,086,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$16,244,388
Organization Details
Founding Year
1938
Phone
(715) 532-5524Principal Officer
Myron Brooks
Main Address
PO BOX 99, LADYSMITH, WI, 54848
Website
www.jrec.netNTEE Category
Code: W80 - Public benefit
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