Jackson Electric Membership Corporation

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

EIN: 580301471 ✦ Jefferson, GA ✦ Designated as a 501(c)(12)

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Overview

What is Jackson Electric Membership Corporation?

Jackson Electric Membership Corporation is a nonprofit organization committed to delivering top-notch electric services to every individual within its jurisdiction, ensuring affordable prices and exceptional standards. Led by Ernest A Chip Jakins III, the corporation prioritizes providing the best possible electric service to all who desire it within their system area, maintaining a customer-focused approach consistent with the highest service standards.

Is Jackson Electric Membership Corporation legitimate?

Jackson Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jackson Electric Membership Corporation 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: $1,207,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Jackson Electric Membership Corporation?

Jackson Electric Membership Corporation is dedicated to delivering superior electric service to all individuals within its area of operation at affordable prices. This commitment is upheld while maintaining the highest standards of service. The organization's mission prioritizes providing the best possible electric service to all who desire it, ensuring consistent pricing and unwavering quality.

Who is the CEO of Jackson Electric Membership Corporation?

Ernest A Chip Jakins Iii is the Chairman of Jackson Electric Membership Corporation.

What is the revenue of Jackson Electric Membership Corporation?

Jackson Electric Membership Corporation's revenue in 2022 was $690,430,146.

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

The average compensation at Jackson Electric Membership Corporation during 2022 was $2,312. There are 522 employees at Jackson Electric Membership Corporation.


Here are 16 key members and their salaries:


Otis Jones (Chairman)
  • Compensation: $46,774
  • Related: $0
  • Other: $0
Rodney Chandler (Vice Chairma)
  • Compensation: $48,209
  • Related: $0
  • Other: $0
Lynn Price (Secretary/Tr)
  • Compensation: $44,709
  • Related: $0
  • Other: $0
Charles B Steele (Director)
  • Compensation: $26,825
  • Related: $0
  • Other: $0
Bill E Carpenter (Director)
  • Compensation: $17,649
  • Related: $0
  • Other: $0
Steve Blair (Director)
  • Compensation: $27,500
  • Related: $0
  • Other: $0
John Mitchell (Director)
  • Compensation: $24,125
  • Related: $0
  • Other: $0
Shade Storey (Director)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Alton Thornton (Director)
  • Compensation: $15,500
  • Related: $0
  • Other: $0
Sarah Mckinney (Director)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Ernest A Chip Jakins Iii (President &)
  • Compensation: $719,518
  • Related: $0
  • Other: $211,745
Greg S Keith (Cfo)
  • Compensation: $788,599
  • Related: $0
  • Other: $148,605
Roy A Stowe (Coo)
  • Compensation: $497,796
  • Related: $0
  • Other: $133,422
Joseph L Dorough (Vp-Engineeri)
  • Compensation: $342,360
  • Related: $0
  • Other: $130,768
Preston L Chapman (Exec Vp/Ext)
  • Compensation: $368,083
  • Related: $0
  • Other: $127,161
Amy W Rouse (Exec Vp/Corp)
  • Compensation: $363,298
  • Related: $0
  • Other: $116,629
Where can I find the form 990 for Jackson Electric Membership Corporation?

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

Mission Statement of Jackson Electric Membership Corporation

Jackson Electric Membership Corporation, or JEMCo, is dedicated to providing top-notch electric services to all who seek it within its system area. This commitment is made with the understanding that affordability is essential, and the organization strives to maintain the highest service standards while keeping costs reasonable.

Ernest A. Chip Jakins III leads JEMCo in its mission to deliver electric services that meet the needs and expectations of its customers. The corporation's primary focus is on ensuring a consistent and dependable power supply, making life more convenient and efficient for individuals and families. By maintaining a strong infrastructure and investing in the latest technology, JEMCo is able to provide reliable electric services that are crucial for modern living.

Moreover, JEMCo is deeply committed to customer satisfaction. The organization understands that electricity is an essential resource for daily life, and it goes the extra mile to ensure that its services are not only reliable but also responsive to the needs of its customers. Whether it's addressing power outages promptly or providing excellent customer support, JEMCo is dedicated to putting its customers first.

In summary, Jackson Electric Membership Corporation is more than just an electric utility provider. It is a community-focused organization that is committed to delivering superior electric services at reasonable costs, ensuring the comfort and convenience of its customers while maintaining the highest service standards.

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Impact




October, 2024

Jackson Electric Membership Corporation plays a vital role in delivering reliable and high-quality electric service to its community in Jefferson, Georgia, and the surrounding areas. By focusing on affordable pricing and superior service standards, the organization ensures that all individuals seeking electricity can access it without undue financial burden. Under the leadership of Ernest A. Chip Jakins III, Jackson Electric Membership Corporation is committed to meeting the energy needs of its members while upholding a strong dedication to excellence in service. This impact not only supports the daily lives of individuals and families but also fosters a sense of community by enhancing overall quality of life through consistent and dependable electricity access.




This information is meant to be a general summary of Jackson Electric Membership Corporation. 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
$690,430,146 (2022)
Expenses
$690,430,146 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,777,060
  • Program Service Revenue: $685,776,968
  • Gross Receipts: $690,430,146

Assets and Liabilities:

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

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Programs

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

ELECTRIC ENERGY REVENUE

Revenue

$664,063,475

G & T CAPITAL CREDITS

Revenue

$16,323,855

POLE RENTAL

Revenue

$3,993,825

OTHER CAPITAL CREDITS

Revenue

$1,395,813

Organization Details

Founding Year

1938

Principal Officer

Ernest A Chip Jakins Iii

Main Address

PO BOX 38, JEFFERSON, GA, 305490038

NTEE Category

Code: W80 - Public benefit

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