Overview
What is Jackson Purchase Energy Corporation?
The Jackson Purchase Energy Corporation is a nonprofit entity based in Paducah, Kentucky, specifically located at 6625 US Highway 60W, with approximately 75 employees. Their primary mission focuses on providing electric service to around 30,459 member-owners on a patronage basis. This means that the corporation operates with the members' collective interests in mind and profits are shared among the members. The corporation serves an average of 30,459 members monthly and is dedicated to distribution sales of electricity to these members.
Official website here: www.jpenergy.com
Is Jackson Purchase Energy Corporation legitimate?
Jackson Purchase Energy Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jackson Purchase Energy 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $551,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,017,738
For more financial information, click here
What is the mission statement of Jackson Purchase Energy Corporation?
The Jackson Purchase Energy Corporation focuses on delivering electricity to approximately 30,459 member owners on a patronage basis. This cooperative organization aims to provide essential electric service to a sizable community. With an average of around 30,459 members catered to each month, the corporation prioritizes maintaining a strong connection with its consumer base. The mission of this entity revolves around serving its members and ensuring they have consistent access to electricity.
Official website here: www.jpenergy.com
Who is the CEO of Jackson Purchase Energy Corporation?
Greg H Grissom is the Chairman of Jackson Purchase Energy Corporation. The CEO's salary of Jackson Purchase Energy Corporation is $329,739 and their total compensation is $408,512.
Official website here: www.jpenergy.com
What is the revenue of Jackson Purchase Energy Corporation?
Jackson Purchase Energy Corporation's revenue in 2022 was $99,427,396.
Official website here: www.jpenergy.com
Who are the executives of Jackson Purchase Energy Corporation and what are their salaries?
The average compensation at Jackson Purchase Energy Corporation during 2022 was $87,593. There are 75 employees at Jackson Purchase Energy Corporation.
Here are 18 key members and their salaries (Jackson Purchase Energy Corporation's CEO's salary is $329,739 and their total compensation is $408,512):
- Greg Grissom (President & Ceo)
- Ward Morgan (Vp Of Operations & Technical Svcs)
- Jeremy Goodman (Line Technician)
- Michael Washman (Line Technician)
- Kenny Harper (Line Technician)
- Scott Adair (Vp Of Hr & Members Svcs)
- Jason Gipson (Line Technician)
- David Cotton (Line Technician)
- Travis Spiceland (Vp Of Engineering)
- Meredith Kendall (Director Accounting & Finance)
- Lee Bearden (Director)
- Erick Harris (Chairman) [Trustee/Director]
- Jack Marshall (Vice Chairman) [Trustee/Director]
- Kevin Bell (Director)
- Terry Teitloff (Director)
- Wayne Elliott (Secretary Treas) [Trustee/Director]
- Joshua Barnes (Director)
- David Brown (Director)
Official website here: www.jpenergy.com
Where can I find the form 990 for Jackson Purchase Energy Corporation?
The Jackson Purchase Energy Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.jpenergy.com
Learn more at the official website: www.jpenergy.com
Mission Statement of Jackson Purchase Energy Corporation
Jackson Purchase Energy Corporation, a patronage-based organization, is dedicated to providing electric service to approximately 30,459 member owners. With a mission centered on distribution sales of electricity, this corporation strives to serve an average of around 30,459 members on a monthly basis, ensuring a reliable source of power for their daily needs. By operating on a patronage basis, Jackson Purchase Energy Corporation prioritizes its members and their energy requirements, fostering a strong sense of community and commitment.
Impact
This information is meant to be a general summary of Jackson Purchase Energy Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Jackson Purchase Energy Corporation's impact is significant in providing electricity to approximately 30,459 member owners on a patronage basis. By serving this community in Paducah, Kentucky, the corporation ensures that residents have access to essential energy services. Their mission to distribute electricity to their members plays a vital role in supporting the daily lives and activities of the local population.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRIC ENERGY
Revenue
$98,095,892
Organization Details
Founding Year
1937
Phone
(270) 442-7321
Principal Officer
Greg H Grissom
Main Address
6625 US HIGHWAY 60W, PADUCAH, KY, 42001
Website
www.jpenergy.com
NTEE Category
Code: W80 - Public benefit
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