Overview
What is Jackson Electric Cooperative Inc?
Jackson Electric Cooperative Inc is a nonprofit organization based in Edna, Texas. With a mission to provide dependable electric service to its cooperative members, the cooperative had 17,184 active services at the year end. The cooperative, which employs 105 individuals, focuses on allocating patronage capital to provide electric energy on a cooperative basis. The organization's activities go beyond just electricity, as they also engage in community affairs by maintaining lines of communication with various stakeholders.
Official website here: www.jecec.com
What are the reviews and ratings of this charity?
Jackson Electric Cooperative Inc is not currently rated by Charity Navigator due to its classification outside the 501(c)(3) IRS registered nonprofit category. This lack of rating neither implies positive nor negative performance but simply indicates that the organization hasn't been evaluated under Charity Navigator's current criteria. Organizations like Jackson Electric Cooperative might not fit the profile typical of those evaluated on metrics like accountability, finance, or community impact.
The absence of evaluation data means certain metrics like Leadership & Adaptability, Culture & Community, and Impact & Measurement can't be appraised for Jackson Electric Cooperative. This suggests that while the cooperative might be functioning well, there aren't sufficient standard forms for electronic filing or comparable nonprofit evaluation frameworks applicable to assess its performance.
Without user reviews available on GreatNonprofits, there is limited insight into individual or community feedback regarding Jackson Electric Cooperative Inc. The lack of user-generated content opens a gap in understanding the public or member perception of the organization's impact or service quality.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson Electric Cooperative Inc legitimate?
Jackson Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jackson 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: $477,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,161,486
For more financial information, click here
Official website here: www.jecec.com
What is the mission statement of Jackson Electric Cooperative Inc?
Jackson Electric Cooperative Inc is dedicated to delivering reliable and high-quality electric services to its cooperative members. The organization's mission goes beyond electricity, as it also prioritizes maintaining open lines of communication with community leaders, members, and employees. By actively participating in community affairs, Jackson Electric Cooperative Inc fosters a cooperative environment where members and stakeholders are informed and engaged. The cooperative not only provides electric power but also allocates patronage capital to its members. At the end of the year, there were 17,184 active electric services under the cooperative's care.
Official website here: www.jecec.com
Who is the CEO of Jackson Electric Cooperative Inc?
James Coleman is the Director of Jackson Electric Cooperative Inc.
Official website here: www.jecec.com
What is the revenue of Jackson Electric Cooperative Inc?
Jackson Electric Cooperative Inc's revenue in 2022 was $85,179,366.
Official website here: www.jecec.com
Who are the executives of Jackson Electric Cooperative Inc and what are their salaries?
The average compensation at Jackson Electric Cooperative Inc during 2022 was $53,701. There are 105 employees at Jackson Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $10,050
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $11,250
- Related: $0
- Other: $0
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $10,500
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $254,052
- Related: $0
- Other: $110,079
- Compensation: $126,644
- Related: $0
- Other: $40,368
- Compensation: $116,947
- Related: $0
- Other: $70,310
- Compensation: $114,778
- Related: $0
- Other: $17,112
- Compensation: $113,952
- Related: $0
- Other: $29,271
- Compensation: $113,892
- Related: $0
- Other: $35,505
Official website here: www.jecec.com
Where can I find the form 990 for Jackson Electric Cooperative Inc?
Jackson Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jecec.com
Learn more at the official website: www.jecec.com
Mission Statement of Jackson Electric Cooperative Inc
Jackson Electric Cooperative Inc, a trusted name in the electric service industry, is dedicated to providing top-notch and reliable electric service to its cooperative members. This organization goes beyond just supplying electricity; it operates with a mission to maintain open lines of communication between various stakeholders, including the board of directors, management, employees, members, and community leaders. The cooperative actively participates in community affairs, fostering a sense of engagement and collaboration.
Jackson Electric Cooperative Inc's primary goal is to deliver dependable electric and subsidiary services at competitive prices to its members. By operating on a cooperative basis, the cooperative uniquely allocates patronage capital to its members. At the end of the year, the cooperative reported 17,184 active services. The organization's commitment to quality is evident in its provision of electric energy, ensuring that each member receives consistent and efficient service. Additionally, the cooperative values strong relationships, maintaining open lines of communication and actively engaging in community initiatives.
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Impact
October, 2024
Jackson Electric Cooperative Inc plays a vital role in the Edna, Texas community by providing quality and reliable electric service to its members. With 17,184 active services at the end of the year, it ensures that energy needs are met efficiently and dependably. The cooperative operates on a member-focused model that emphasizes the allocation of patronage capital, allowing members to benefit directly from the services provided.
The cooperative's mission is centered on delivering dependable electric and subsidiary services at competitive prices. This commitment not only supports the local economy but also fosters relationships between the board of directors, management, employees, and community leaders. By actively participating in community affairs, Jackson Electric Cooperative encourages a sense of collaboration and engagement among its members, reinforcing its role as a cornerstone of the community. Through these efforts, the cooperative enhances the quality of life in Edna, ensuring access to essential services while promoting economic resilience.
This information is meant to be a general summary of Jackson 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: $285,306
- Program Service Revenue: $77,600,722
- Gross Receipts: $85,267,351
Assets and Liabilities:
- Total Assets: $172,050,486
- Total Liabilities: $103,121,324
- Net Assets: $68,929,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$74,801,603
PATRONAGE DIVIDENDS
Revenue
$2,475,384
SERVICE FEES
Revenue
$191,587
OTHER PROGRAM REVENUE
Revenue
$132,148
Organization Details
Founding Year
1939
Phone
(361) 771-4400Principal Officer
James Coleman
Main Address
PO BOX 1189, EDNA, TX, 779571189
Website
www.jecec.comNTEE Category
Code: W80 - Public benefit
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