JACKSON ENERGY COOPERATIVE CORPORAT ION INC: Form 990, tax year 2023
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- Organization
- JACKSON ENERGY COOPERATIVE CORPORAT ION INC (EIN 61-0236351)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-06
- IRS object ID
- 202401279349300530
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-06T09:19:41-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 610420207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES NALE & MATTINGLY PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 WEST MAIN STREET SUITE 1100 | AddressLine1Txt |
| City | LOUISVILLE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610236351 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON ENERGY COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JACK | BusinessNameControlTxt |
| Phone | 6063641000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 JACKSON ENERGY LANE | AddressLine1Txt |
| City | MCKEE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40447 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL WRIGHT | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6063641000 | PhoneNum |
| Signature | 2024-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAROL | PersonFirstNm |
| Person Last | WRIGHT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS C FRICK | PreparerPersonNm |
| PTIN | P01728213 | PTIN |
| Phone | 5025830248 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CAROL WRIGHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 JACKSON ENERGY LANE | AddressLine1Txt |
| City | MCKEE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40447 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $123,029,209 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.JACKSONENERGY.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION SALES OF ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 131 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $817,938 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $812,688 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $127,008,235 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $117,794,237 | CYProgramServiceRevenueAmt |
| PY Investment Income | $122,996 | PYInvestmentIncomeAmt |
| CY Investment Income | $266,192 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,667,371 | PYOtherRevenueAmt |
| CY Other Revenue | $4,968,780 | CYOtherRevenueAmt |
| PY Total Revenue | $131,798,602 | PYTotalRevenueAmt |
| CY Total Revenue | $123,029,209 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $22,800 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,223,476 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | -$618,010 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,365,669 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,143,521 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $111,186,657 | PYOtherExpensesAmt |
| CY Other Expenses | $107,473,198 | CYOtherExpensesAmt |
| PY Total Expenses | $131,798,602 | PYTotalExpensesAmt |
| CY Total Expenses | $123,029,209 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $302,207,183 | TotalAssetsBOYAmt |
| Total Assets EOY | $297,787,078 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $167,348,744 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $164,358,736 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $134,858,439 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $133,428,342 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION SALES OF ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $123,029,209 | ExpenseAmt |
| Revenue | $119,935,073 | RevenueAmt |
| Desc | PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS TO AN AVERAGE OF OVER 52,940 PER MONTH. | Desc |
| Total Program Service Expenses | $123,029,209 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 64 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 131 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Members And Shr Gross Income | $119,935,073 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,094,136 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAMELA GRAY MANAGER OF ACCTG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6063641000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 JACKSON ENERGY LANE | AddressLine1Txt |
| City | MCKEE | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40447 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| WILLIAM BRIAN COOKE | ||||||||
| DIRECTOR | 5.60 | Yes (X) | $14,400 | $0 | $0 | |||
| TED CUNDIFF | ||||||||
| DIRECTOR | 4.30 | Yes (X) | $13,200 | $0 | $0 | |||
| TIM BOBROWSKI | ||||||||
| DIRECTOR | 6.70 | Yes (X) | $14,400 | $0 | $0 | |||
| TERESA DAWES | ||||||||
| SECRETARY-TREASURER | 6.30 | Yes (X) | $18,000 | $0 | $0 | Yes (X) | ||
| GORDON PHILLIPS | ||||||||
| DIRECTOR | 6.10 | Yes (X) | $14,600 | $0 | $0 | |||
| JIM HAYES III | ||||||||
| DIRECTOR | 6.70 | Yes (X) | $14,400 | $0 | $0 | |||
| LANDIS CORNETT | ||||||||
| VICE CHAIRMAN | 7.10 | Yes (X) | $17,400 | $0 | $0 | Yes (X) | ||
| WILLIAM LARKEY | ||||||||
| DIRECTOR | 6.50 | Yes (X) | $13,800 | $0 | $0 | |||
| PHILLIP THOMPSON | ||||||||
| CHAIRMAN | 7.50 | Yes (X) | $18,400 | $0 | $0 | Yes (X) | ||
| VIRGINIA CAROL WRIGHT | ||||||||
| PRESIDENT & CEO | 60.00 | $331,153 | $0 | $108,235 | Yes (X) | |||
| JAMES YORK | ||||||||
| DISTRICT SUPERVISOR | 40.97 | $127,282 | $0 | $45,821 | Yes (X) | |||
| JONATHAN TILLERY | ||||||||
| WORKING FOREMAN | 45.38 | $125,538 | $0 | $35,752 | Yes (X) | |||
| JEFFREY HENDERSON | ||||||||
| VP OF E&O | 40.75 | $146,183 | $0 | $65,486 | Yes (X) | |||
| APRIL RENNER | ||||||||
| VP OF CORPORATE SVCS | 41.77 | $152,318 | $0 | $34,108 | Yes (X) | |||
| CARLOS LAMB | ||||||||
| TRANSPORTATION SUPERVISOR | 44.81 | $123,460 | $0 | $47,447 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,144,534 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $336,849 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DAVIS H ELLIOTT | |||||
| PO BOX 37251 | BALTIMORE | MD | 21297 | LINE CONTRACTOR | $4,221,683 |
| WA KENDALL & CO | |||||
| PO BOX 831 | LAWRENCEVILLE | GA | 30046 | RIGHT OF WAY CONTRACTOR | $3,505,523 |
| ASPLUNDH TREE EXPERT COMPANY | |||||
| PO BOX 827464 | PHILADELPHIA | PA | 19182 | RIGHT OF WAY CONTRACTOR | $1,701,311 |
| NELSON TREE SERVICE | |||||
| 4489 SOLUTIONS CENTER | CHICAGO | IL | 60677 | RIGHT OF WAY CONTRACTOR | $1,162,186 |
| PHILLIPS TREE EXPERTS | |||||
| PO BOX 825124 | PHILADELPHIA | PA | 19182 | RIGHT OF WAY CONTRACTOR | $908,552 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SERVICE | 221000 | $117,784,232 | $117,784,232 |
| ELECTRIC MERCHANDISE | 221000 | $10,005 | $10,005 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $117,794,237 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $266,192 | TotalRevenueColumnAmt |
| Exclusion | $266,192 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $35,850 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $35,850 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,850 | TotalRevenueColumnAmt |
| Exclusion | $35,850 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|---|
| JOINT USE POLE RENT | 221000 | $1,812,701 | $1,812,701 | ||
| G&T PATRONAGE CAPITAL | 221000 | $1,736,666 | $1,736,666 | ||
| SUBSIDIARY INCOME | 221000 | $817,938 | $817,938 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $565,625 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $404,170 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $161,455 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,932,930 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $123,029,209 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $119,935,073 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $817,938 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,276,198 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,500 | TotalAmt |
| Program Services | $30,500 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$618,010 | TotalAmt |
| Program Services | -$618,010 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $469,753 | TotalAmt |
| Program Services | $469,753 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,464,707 | TotalAmt |
| Program Services | $10,464,707 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,267,139 | TotalAmt |
| Program Services | $2,267,139 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,137,969 | TotalAmt |
| Program Services | $2,137,969 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,953 | TotalAmt |
| Program Services | $803,953 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,815 | TotalAmt |
| Program Services | $17,815 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,725 | TotalAmt |
| Program Services | $38,725 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,974,014 | TotalAmt |
| Program Services | $3,974,014 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,935,421 | TotalAmt |
| Program Services | $11,935,421 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,657 | TotalAmt |
| Program Services | $428,657 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COST OF PURCHASE POWER | $81,726,509 | $81,726,509 |
| DISTRIBUTION - MAINT | $11,654,476 | $11,654,476 |
| DISTRIBUTION OPERATIONS | $5,320,191 | $5,320,191 |
| ADMIN AND GENERAL | $4,851,286 | $4,851,286 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$12,473,896 | TotalAmt |
| Program Services | -$12,473,896 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,029,209 | TotalAmt |
| Program Services | $123,029,209 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,063,933 | BOYAmt |
| EOY | $3,889,710 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $570 | BOYAmt |
| EOY | $570 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,581,180 | BOYAmt |
| EOY | $17,708,062 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,592,735 | BOYAmt |
| EOY | $4,325,058 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,414 | BOYAmt |
| EOY | $318,784 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $306,764,353 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $117,918,680 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,670,634 | BOYAmt |
| EOY | $188,845,673 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,000,000 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,203,349 | BOYAmt |
| EOY | $77,886,914 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,778,368 | BOYAmt |
| EOY | $4,812,307 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,207,183 | BOYAmt |
| EOY | $297,787,078 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,437,821 | BOYAmt |
| EOY | $10,898,914 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,420,477 | BOYAmt |
| EOY | $139,649,512 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,490,446 | BOYAmt |
| EOY | $13,810,310 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,348,744 | BOYAmt |
| EOY | $164,358,736 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $955,900 | BOYAmt |
| EOY | $956,565 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$497,980 | BOYAmt |
| EOY | -$497,980 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,400,519 | BOYAmt |
| EOY | $132,969,757 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,858,439 | BOYAmt |
| EOY | $133,428,342 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,207,183 | BOYAmt |
| EOY | $297,787,078 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,430,097 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $199,155 | OtherCostOrOtherBasisAmt |
| Book Value | $199,155 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,103,360 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,896,185 | DepreciationAmt |
| Book Value | $5,207,175 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $297,461,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $114,022,495 | DepreciationAmt |
| Book Value | $183,439,343 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $188,845,673 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS PROGRAM RELATED | Desc |
| Book Value | $77,886,914 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $77,886,914 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $1,587,572 |
| ACCRUED EXPENSES | $2,367,898 |
| ACCUMULATED POSTRETIREMENT BENEFITS | $9,166,144 |
| CONSUMER ADVANCES FOR CONSTRUCTION | $688,696 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,810,310 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | JACKSON ENERGY'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. JACKSON ENERGY HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 15 | RecipientCnt |
| Cash Grant | $30,500 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS TO 15 RECIPIENTS TOTAL $30,500 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VIRGINIA CAROL WRIGHT | ||||||||||||||
| PRESIDENT & CEO | $331,153 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $108,235 | $0 | $439,388 | $0 | $0 | $0 |
| JEFFREY HENDERSON | ||||||||||||||
| VP OF E&O | $146,183 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65,486 | $0 | $211,669 | $0 | $0 | $0 |
| APRIL RENNER | ||||||||||||||
| VP OF CORPORATE SVCS | $152,318 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,108 | $0 | $186,426 | $0 | $0 | $0 |
| JAMES YORK | ||||||||||||||
| DISTRICT SUPERVISOR | $127,282 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45,821 | $0 | $173,103 | $0 | $0 | $0 |
| CARLOS LAMB | ||||||||||||||
| TRANSPORTATION SUPERVISOR | $123,460 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47,447 | $0 | $170,907 | $0 | $0 | $0 |
| JONATHAN TILLERY | ||||||||||||||
| WORKING FOREMAN | $125,538 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35,752 | $0 | $161,290 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON COUNTY BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | DIRECTOR HAYS PART OWNER | RelationshipDescriptionTxt |
| Transaction | GENERAL BANKING FUNCTIONS | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | LINE 2 EXPLANATION - DIRECTOR HAYES PART OWNER OF LOCAL BANK WHERE JACKSON ENERGY CONDUCTS BANKING BUSINESS. |
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - NOMINATING COMMITTEE MEETS EVERY YEAR TO SELECT CANDIDATE TO RUN FOR BOARD POSITION. A MEMBER MAY, UPON OBTAINING 500 WRITTEN MEMBER NAMES, RUN FOR A BOARD POSITION. |
| FORM 990, PART VI, SECTION A, LINE 7B | LINE 7B EXPLANATION - ARTICLES OF INCORPORATION MAY BE ALTERED, PROVIDED THAT NOTICE OF THE MEETING SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - DIRECTORS ARE FURNISHED A DRAFT COPY OF THE 990 FOR REVIEW PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE RETURN. DIRECTORS ALSO MEET WITH THE INDEPENDENT AUDITOR IN A CLOSED SESSION AND ARE ABLE TO MAKE ADDITIONAL INQUIRIES AT THAT TIME. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE GOVERNING BODY AND KEY EMPLOYEES ARE AWARE OF THE ISSUES INVOLVING THE APPEARANCE OF, AND CONFLICTS OF INTEREST AND FAMILY AND BUSINESS RELATIONSHIPS,AND THE NEED TO DISCLOSE THESE RELATIONSHIPS, IF APPLICABLE. THERE ARE ONGOING DISCUSSIONS WITH THE GOVERNING BODY AND KEY EMPLOYEES REGARDING RELATED PARTY TRANSACTIONS. THERE IS AN ANNUAL REVIEW BY THE INDEPENDENT AUDITOR AND AN ANNUAL REVIEW BY THE COOPERATIVE'S ATTORNEY. |
| FORM 990, PART VI, SECTION B, LINE 15 | 15.A. THE BOARD ANNUALLY EVALUATES THE PERFORMANCE OF THE PRESIDENT/CEO; RAISES ARE DETERMINED BY THE SUMMATION OF THE 9 EVALUATIONS. THE BOARD UTILIZES A THIRD PARTY ORGANIZATION, HR PERFORMANCE SOLUTIONS, TO PROVIDE COMPENSATION DATA WHICH IS REVIEWED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | BYLAWS ARE ELECTRONICALLY MADE AVAILABLE TO EACH NEW MEMBER AND FINANCIAL STATEMENTS ARE GIVEN TO EACH MEMBER ON AN ANNUAL BASIS. ANNUAL MEETING OF MEMBERS IS HELD EACH YEAR. |
| FORM 990, PART XI, LINE 9: | COMPREHENSIVE INCOME POSTRETIREMENT BENEFITS 9,368. MARGINS ALLOCATED TO CUSTOMERS -618,010. REFUND OF CAPITAL CREDITS -814,288. MEMBERSHIPS ISSUED, NET 665. OTHER EQUITIES -7,832. |
| FORM 990, PART XII, LINE 2C: | NO CHANGES FROM PRIOR YEAR. |
| FORM 990, PART IX, LINE 4 | FORM 990, PART IX, LINE 4 - BENEFITS PAID TO OR FOR MEMBERS REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS IN ACCORDANCE WITH THE BYLAWS OF THE COOPERATIVE. THIS RESULTS IN A DIFFERENCE BETWEEN BOOK INCOME AND INCOME REPORTED ON THE FORM 990 BY THE SAME AMOUNT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON ENERGY PROPANE PLUS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 195 JAMES LEWIS DRIVE | AddressLine1Txt |
| City | LONDON | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40744 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 731548645 | EIN |
| Primary Activities | RETAIL SALES OF PROPANE GAS | PrimaryActivitiesTxt |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Total Income | $7,881,873 | TotalIncomeAmt |
| End Of Year Assets | $7,946,677 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON ENERGY COOPERATIVE | BusinessNameLine1Txt |