Jasper Newton Electric Cooperative Inc

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

EIN: 740711255 ✦ Kirbyville, TX ✦ Designated as a 501(c)(12)

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Overview

What is Jasper Newton Electric Cooperative Inc?

Jasper Newton Electric Cooperative Inc is a nonprofit organization dedicated to delivering Electric energy to rural communities at affordable costs. Their mission encompasses a commitment to exceptional customer service, as evidenced by their top-notch Electric service reliability. They foster a cooperative spirit and prioritize teamwork among their employees, ensuring the highest standards of integrity in all undertakings. The primary goal is to bring Electric energy to rural areas, making the cooperative both a reliable power source and a valued community partner.


Official website here: www.jnec.com

What are the reviews and ratings of this charity?

Jasper Newton Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating does not indicate a positive or negative evaluation of the organization. Charity Navigator's ratings require an Accountability & Finance beacon or an Impact & Measurement beacon, which are not available for this nonprofit as it is not registered as a 501(c)(3) entity.

The organization's status as an independent entity indicates it operates independently, separate from any larger umbrella organizations. However, the lack of detailed financial data or salary information on key persons limits a comprehensive understanding of its operational transparency and fiscal responsibility.

As a non-501(c)(3) organization, Jasper Newton Electric Cooperative Inc does not qualify for evaluations of impact, culture, or community engagement by Charity Navigator. These limitations are inherent to the classification of the nonprofit, and not necessarily reflective of its operations or community contributions. There are no user reviews available on GreatNonprofits.


Is Jasper Newton Electric Cooperative Inc legitimate?

Jasper Newton Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jasper Newton 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: $653,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,413,200

For more financial information, click here


Official website here: www.jnec.com

What is the mission statement of Jasper Newton Electric Cooperative Inc?

The Jasper Newton Electric Cooperative Inc is dedicated to delivering electric energy to rural communities at affordable costs, operating on a cooperative basis. Their mission prioritizes exceptional customer service, characterized by reliable electricity, reasonable rates, and strong employee collaboration. The cooperative is committed to upholding integrity in all its endeavors while providing essential electric energy to rural areas.


Official website here: www.jnec.com

Who is the CEO of Jasper Newton Electric Cooperative Inc?

Mark Tamplin is the General Manager of Jasper Newton Electric Cooperative Inc.


Official website here: www.jnec.com

What is the revenue of Jasper Newton Electric Cooperative Inc?

Jasper Newton Electric Cooperative Inc's revenue in 2022 was $65,226,638.


Official website here: www.jnec.com

Who are the executives of Jasper Newton Electric Cooperative Inc and what are their salaries?

The average compensation at Jasper Newton Electric Cooperative Inc during 2022 was $45,614. There are 133 employees at Jasper Newton Electric Cooperative Inc.


Here are 16 key members and their salaries:


Henry Biscamp (President)
  • Compensation: $10,001
  • Related: $0
  • Other: $0
Patrick Brown (Director)
  • Compensation: $14,001
  • Related: $0
  • Other: $0
Tracey Reagan Clotiaux (Secretary/Treasurer (Jan-Aug))
  • Compensation: $6,134
  • Related: $0
  • Other: $0
David Jones (Director)
  • Compensation: $20,801
  • Related: $0
  • Other: $0
Dennis Muldrow (Director)
  • Compensation: $22,291
  • Related: $0
  • Other: $0
Mack Rose (Vice President)
  • Compensation: $15,601
  • Related: $0
  • Other: $0
Gary Satterwhite (Director)
  • Compensation: $12,001
  • Related: $0
  • Other: $0
Paul Simmons (Director)
  • Compensation: $9,601
  • Related: $0
  • Other: $0
James Smith (Director)
  • Compensation: $12,001
  • Related: $0
  • Other: $0
Mark Tamplin (General Manager)
  • Compensation: $222,800
  • Related: $0
  • Other: $139,047
Shelley Powell (Director Of Finance)
  • Compensation: $120,855
  • Related: $0
  • Other: $48,368
Kevin Alex Stark (Energy Auditor)
  • Compensation: $136,087
  • Related: $0
  • Other: $42,777
Aaron Crawford (Asst. Manager Of Operations)
  • Compensation: $117,743
  • Related: $0
  • Other: $58,619
Brandon Wellman (Serviceman)
  • Compensation: $115,915
  • Related: $0
  • Other: $37,830
John Hardcastle (1St Class Lineman)
  • Compensation: $115,415
  • Related: $0
  • Other: $43,505
Dennis Joey Davis (Asst. Manager Admin)
  • Compensation: $113,608
  • Related: $0
  • Other: $68,344


Official website here: www.jnec.com

Where can I find the form 990 for Jasper Newton Electric Cooperative Inc?

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


Official website here: www.jnec.com

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

Mission Statement of Jasper Newton Electric Cooperative Inc

Jasper Newton Electric Cooperative Inc, a dedicated organization, strives to deliver electric energy to rural communities at a cooperative cost. Its mission is twofold: ensuring top-notch customer service and providing affordable, reliable electricity to its members.

The cooperative is committed to providing excellent customer service, evident in its reliable electric service and reasonable rates. Jasper Newton Electric Cooperative Inc prioritizes teamwork among its employees and maintains the highest level of integrity throughout its operations. The cooperative's ultimate goal is to make a difference in the lives of rural residents by providing them with essential electric energy at a cooperative cost.

Jasper Newton Electric Cooperative Inc's mission goes beyond just providing electricity. It is an organization that values the needs of its customers and strives to meet them in the most effective way possible. By working together as a cooperative, the organization is able to keep costs low and ensure that electric energy is accessible to those who need it most. In doing so, Jasper Newton Electric Cooperative Inc plays a vital role in enriching the lives of rural communities.

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Impact




October, 2024

Jasper Newton Electric Cooperative Inc significantly impacts rural communities by providing reliable and affordable electric energy. By focusing on service excellence and innovative customer support, the Cooperative enhances the quality of life for residents in these areas, ensuring they have access to essential utilities. The emphasis on teamwork and integrity fosters a strong community connection, aligning with the Cooperative's mission to serve its members effectively. This commitment not only helps in maintaining affordable rates but also contributes to the overall development and sustainability of the rural regions it serves, making a positive difference in the daily lives of its customers.




This information is meant to be a general summary of Jasper Newton 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.

Revenue
$65,226,638 (2022)
Expenses
$65,226,638 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68,520
  • Program Service Revenue: $65,114,603
  • Gross Receipts: $65,312,997

Assets and Liabilities:

  • Total Assets: $155,982,953
  • Total Liabilities: $80,830,935
  • Net Assets: $75,152,018

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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

$61,659,281

PATRONAGE DIVIDENDS

Revenue

$1,495,853

TRANSMISSION LEASE

Revenue

$1,168,950

SERVICE FEES

Revenue

$790,519

Organization Details

Founding Year

1944

Principal Officer

Mark Tamplin

Main Address

812 SOUTH MARGARET AVE, KIRBYVILLE, TX, 75956

NTEE Category

Code: W80 - Public benefit

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