2023-10-11T11:05:32-05:00 2022-12-31 FORVIS LLP 225 N WATER ST SUITE 400 DECATUR IL 62523 990 2022-01-01 361284865 JO-CARROLL ENERGY INC (NFP) % CHUCK WOODS JO-C 8158582207 PO BOX 390 ELIZABETH IL 610280390 CHUCK WOODS CFO 8008585522 2023-10-05 true Chuck Woods XXX-XX-XXXX DEBORAH WATTS P01559216 2174292411 2023-10-03 2 2022 2023-04-26 12:10:37Z MICHAEL CASPER PO BOX 390 ELIZABETH IL 610280390 66042694 false X WWW.JOCARROLL.COM X 1939 IL JO-CARROLL ENERGY, INC (NFP) IS AN ELECTRIC,NATURAL GAS AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE THAT EXISTS TO ENHANCE THE QUALITY OF LIFE FOR OUR MEMBERS. 10 10 112 284773 60049 0 0 62261200 65677604 4953 80691 191693 284399 62457846 66042694 114525 114000 3017183 3454950 12310293 13857099 0 0 0 47692466 49205114 63134467 66631163 -676621 -588469 155735494 166773401 117430830 126207154 38304664 40566247 JO-CARROLL ENERGY, INC (NFP) EXISTS TO ENHANCE THE QUALITY OF LIFE TO OUR MEMBERS. JO-CARROLL ENERGY, INC (NFP) DISTRIBUTES ELECTRICITY, NATURAL GAS, AND BROADBAND/FIBER TO MEMBERS IN A DEFINED SERVICE AREA IN WESTERN ILLINOIS, AS WELL AS FIBER TO LOCATIONS IN IOWA AND WISCONSIN. false false JO-CARROLL ENERGY, INC (NFP) IS AN ELECTRIC, NATURAL GAS AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE ORGANIZED UNDER THE LAW OF ILLINOIS. THE COOPERATIVE PROVIDES ELECTRIC SERVICE TO 19,677 METERS PER MONTH; NATURAL GAS TO 5,806 METERS PER MONTH; AND BROADBAND/ FIBER TO 4,540 SUBSCRIBERS PER MONTH. false false false false false false false false false true false true false true false true false false false false false false false false false false true false true false false false false false false false false false false false true true false false true 91 0 true 112 true true true false false false false 65451567 2442165 false false false X 10 10 false false false false true true true true true false false true true true true true true true false true false IL X CHUCK WOODS 8158582207 793 US 20 WEST ELIZABETH IL 61028 X MICHAEL CASPER PRESIDENT & CEO 40.0 0.0 X 350071 0 189754 KYLE BUROS SR. VP & COO 40.0 0.0 X 196712 0 143890 CHARLES WOODS VICE PRESIDENT & CFO 40.0 0.0 X 184651 0 107825 BRAD EDLER DIRECTOR OF ENGINEERING 40.0 0.0 X 157197 0 100281 MEREDITH SEVEY VP OF HUMAN RESOURCES 40.0 0.0 X 147525 0 84962 JENNIFER MEYER VP OF MEMBER SERVICES 40.0 0.0 X 147100 0 80316 KENNETH SIVERSTEN DIRECTOR OF MEMBER SERVICES 40.0 0.0 X 126414 0 91248 STEVE LUDWIG LINE FOREMAN 47.37 0.0 X 131375 0 77758 ANTHONY SCHEFSKY LINE FOREMAN 47.52 0.0 X 127484 0 66658 DAVID SENN CHAIRMAN 13.71 0.0 X X 21800 0 0 LARRY CARROLL DIRECTOR 8.19 0.0 X 21010 0 0 GERALD MEYER DIRECTOR 9.55 0.0 X 16080 0 0 JOSEPH MATTINGLEY DIRECTOR 7.08 0.0 X 15875 0 0 DAN TINDELL DIRECTOR 7.86 0.0 X 15480 0 0 MARCIA STANGER SECRETARY 7.89 0.0 X X 15085 0 0 RUSSELL HOLESINGER VICE CHAIRMAN 6.71 0.0 X X 14295 0 0 THOMAS LUNDY DIRECTOR 5.22 0.0 X 13505 0 0 PATRICIA SMITH DIRECTOR 6.27 0.0 X 11135 0 0 ROBERT KUHNS TREASURER 9.15 0.0 X X 11135 0 0 1723929 0 942692 9 false true false WOLF LINE CONSTRUCTION CO 1831 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 FIBER CONSTRUCTION 4042685 ZIELIES TREE SERVICE INC 750 W ARTHUR AVENUE BRUCE WI 54819 RIGHT OF WAY CLEARIN 1484437 KEY BUILDERS CONSTRUCTION INC 118 WEST PROGRESS DRIVE PRINCETON IL 61356 CONSTRUCTION 1021345 RYAN THURIN EXCAVATING LLC E6574 BELGIUM RIDGE ROAD VIROQUA WI 54665 BORING / EXCAVATING 1002395 VANTAGE POINT SOLUTIONS INC 2211 N MINNESOTA STREET MITCHELL SD 57301 CONSULTING 677841 5 0 SALE OF ELECTRICITY, GAS, & BROADBAND 221000 64196805 64196805 CAPITAL CREDIT ALLOCATION 221000 1405134 1405134 POLE & TOWER RENTAL/LAND LEASE INCOME 221000 75665 75665 65677604 17927 17927 0 0 0 0 0 62764 62764 62764 62764 0 0 0 0 0 0 0 0 0 All Other Misc Revenue 221000 -3187 -374 -2813 PHONE SERVICE 221000 116199 116199 MANAGED SERVICE PROVIDER 221000 171387 171387 284399 66042694 65664329 284773 93592 114000 0 0 3454950 1723929 0 6298912 2359664 2805013 669581 0 116192 66109 0 0 0 717718 333996 234926 561692 0 632871 88216 0 155667 4108217 0 4980935 423186 COST OF PURCHASED POWER 34737529 990-T EXPENSES 226537 OPERATIONS & MAINTENANCE 1730258 CUSTOMER ACCOUNTS EXPENSE 91065 66631163 1535789 1721269 0 0 0 0 4109845 4404063 0 0 0 0 19141 2293 3926279 5950173 10114371 6861054 197997383 68090644 119994098 129906739 0 0 0 0 16035971 17927810 0 0 0 0 155735494 166773401 6145029 7454716 0 0 0 0 0 0 0 0 0 0 105590935 112325353 0 0 5694866 6427085 117430830 126207154 X 0 0 10782952 11097667 27521712 29468580 38304664 40566247 155735494 166773401 X -588469 2850052 X false true X true false 590339 590339 5798931 2933164 2865767 12438609 9032177 3406432 179169504 56125303 123044201 129906739 NON-UTILITY PROPERTY 1484923 C PATRONAGE 14959678 C OTHER INVESTMENTS 1483209 C 17927810 0 ACCR PROV PENSIONS & BENEFITS 1072275 DEFERRED CREDITS 5354810 6427085 66042694 66042694 66042694 63176213 63176213 3454950 3454950 66631163 PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XIII, LINE 4B PATRONAGE CAPITAL ALLOCATED TO 2022: $3,454,950 true TCEDA (TRI-COUNTY ECONOMIC DEVELOPMENT ALLIANCE) 1 COMMERCIAL DRIVE SUITE 2 HANOVER IL 61041 611575200 501(C)(6) 114000 BOOK ECONOMIC DEVELOPMENT X X X X false false false CHARLES WOODS VICE PRESIDENT & CFO 171005 12500 1146 103728 4097 292476 MICHAEL CASPER PRESIDENT & CEO 312258 35950 1863 182929 6825 539825 BRAD EDLER DIRECTOR OF ENGINEERING 150581 5000 1616 93281 7000 257478 JENNIFER MEYER VP OF MEMBER SERVICES 132623 13500 977 75595 4721 227416 MEREDITH SEVEY VP OF HUMAN RESOURCES 133462 12500 1563 80241 4721 232487 KYLE BUROS SR. VP & COO 182999 12500 1213 136681 7209 340602 STEVE LUDWIG LINE FOREMAN 130473 902 71686 6072 209133 ANTHONY SCHEFSKY LINE FOREMAN 126681 803 62169 4489 194142 KENNETH SIVERSTEN DIRECTOR OF MEMBER SERVICES 117272 6000 3142 88107 3141 217662 FORM 990, PART VI, SECTION A, LINE 6 JO-CARROLL ENERGY INC (NFP) DISTRIBUTES ELECTRIC, NATURAL GAS AND BROADBAND/FIBER SERVICES TO MEMBERS DIVIDED INTO TEN DISTRICTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER CONTROL OF JO-CARROLL ENERGY, INC (NFP) IS VESTED IN ITS BOARD OF DIRECTORS, CONSISTING OF ONE REPRESENTATIVE FROM EACH OF TEN DISTRICTS. EACH DIRECTOR IS ELECTED BY THE MEMBERS OF THEIR DISTRICT FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT OF JO-CARROLL ENERGY, INC (NFP) BY-LAWS, THE BOARD OF DIRECTORS IS CHARGED WITH DIRECTING THE MANAGEMENT OF THE COOPERATIVE. MEMBER APPROVAL IS REQUIRED FOR AMENDMENTS OR CHANGES TO THE BY-LAWS WITH VOTING DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11B EACH YEAR, PRIOR TO FILING, THE FORM 990 IS REVIEWED WITH THE BOARD OF DIRECTORS WITH A SUMMARIZED POWERPOINT PRESENTATION. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST STATEMENT AS REQUIRED BY BOARD POLICY #103. NEWLY ELECTED DIRECTORS ARE REQUIRED TO COMPLETE THE STATEMENT UPON ELECTION TO THE BOARD OF DIRECTORS. A SIMILAR ADMINISTRATIVE POLICY #203, REQUIRES ALL EMPLOYEES TO ALSO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY. EACH DIRECTOR'S STATEMENT IS REVIEWED BY JO-CARROLL ENERGY'S GENERAL COUNSEL. EACH EMPLOYEE STATEMENT IS REVIEWED BY THE MANAGER OF HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15A THE FULL BOARD OF DIRECTORS ANNUALLY REVIEW THE COMPENSATION OF THE PRESIDENT AND CEO USING NATIONAL AND STATE SALARY INFORMATION AND THE PERFORMANCE OF THE PRESIDENT AND CEO DURING THE PAST YEAR. THE FULL BOARD OF DIRECTORS DETERMINES THE INCREASE IN COMPENSATION. ADDITIONALLY, THE COOPERATIVE SEEKS THE RECOMMENDATIONS OF AN INDEPENDENT CONSULTANT TO ASSIST IN THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 JO-CARROLL ENERGY, INC (NFP) MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. ALL ACTIVE MEMBERS RECEIVE A CONDENSED OPERATING STATEMENT AND BALANCE SHEET IN THE ANNUAL REPORT MAILED PRIOR TO THE ANNUAL MEMBERSHIP MEETING EACH YEAR, AS WELL AS PUBLISHED IN OUR COOPERATIVE MAGAZINE, ILLINOIS COUNTRY LIVING. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUNDS BALANCES CONSIST OF: ($608,898) CUMULATIVE CHANGES TO MISC EQUITY ACCOUNTS IN 2022 AND $3,454,950 PATRONAGE CAPITAL ALLOCATED FOR 2022, REPORTED IN PART IX, LINE 4 COOPERATIVE COMMUNITY SOLAR LLC 793 US HWY 20 WEST ELIZABETH IL 61028 352507916 HOLDING COMPANY IL JO-CARROLL ENER LLC -742 165221 1.00000 true false false false false false false false false false false false false false false false false false false false