2025-11-14T16:12:20-05:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 580301471 JACKSON ELECTRIC MEMBERSHIP CORPORATION JACK 7063675281 PO BOX 38 JEFFERSON GA 305490038 ERNEST A CHIP JAKINS III EXECUTIVE-CEO 7063676115 2025-11-14 true false H TERRELL MCMICHAEL JR P01259982 4787466277 2025-11-14 2024 2025-03-06 01:10:19Z ERNEST A CHIP JAKINS III PO BOX 38 JEFFERSON GA 30549 685551827 false X HTTPS://WWW.JACKSONEMC.COM/ X 1938 GA TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 534 2990868 197637 0 635536508 677044804 4683993 5425159 2996364 3081864 643216865 685551827 0 49675072 55333816 1293613 1381700 0 0 592248180 628836311 643216865 685551827 0 1372521376 1478512220 751838743 821915776 620682633 656596444 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false N/A false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 336 0 true 534 true true true false false false false 649500980 5597044 false true false X 9 9 false false false false true true true true true false false true true true true true true true true false GA X JACKSON EMC 7063675281 850 COMMERCE ROAD JEFFERSON GA 30549 RODNEY CHANDLER CHAIRMAN 4.00 X X 54806 0 0 LYNN PRICE VICE CHAIRMA 4.00 X X 50806 0 0 SHADE STOREY SECRETARY/TR 3.00 X X 25750 0 0 OTIS JONES DIRECTOR 3.00 X 40635 0 0 CHARLES B STEELE DIRECTOR-RET 3.00 X 22317 0 0 STEVE BLAIR DIRECTOR 3.00 X 23125 0 0 ALTON THORNTON DIRECTOR 3.00 X 20125 0 0 SARAH MCKINNEY DIRECTOR 3.00 X 23500 0 0 PHILLIP SUTTON DIRECTOR 3.00 X 20000 0 0 ALEX HILL DIRECTOR 3.00 X 3500 0 0 ERNEST A CHIP JAKINS III EXECUTIVE-CE 50.00 X 846221 0 250916 ROY A STOWE EXECUTIVE-CO 50.00 X 1302141 0 178079 AMY W ROUSE EXEC VP/CORP 50.00 X 395878 0 135936 JOSEPH L DOROUGH VP-ENGINEERI 50.00 X 502621 0 149648 PRESTON L CHAPMAN EXEC VP/EXT 50.00 X 414241 0 133882 BRITTANY CAISON EVP-ENG./OPS 50.00 X 355094 0 133901 4100760 982362 253 false true false PIKE ELECTRIC LLC PO BOX 746308 ATLANTA GA 303746308 LINE CONST. 9381100 POWER SUPPLY COMPANY LLC PO BOX 5408 CHATTANOOGA TN 37406 ELECTRIC DIST. 5981039 HIGHER POWER ELECTRICAL 14201 CALIBER DR STE 300 OKLAHOMA CITY OK 73134 CONSTRUCTION 3069417 SOUTHERN FIBER COMPANY LLC 1563 CALVARY CHURCH RD GAINESVILLE GA 30548 CONSTRUCTION 2781312 TOWNSEND TREE SERVICE CO LLC PO BOX 7015 MUNCIE IN 47308 RIGHT-OF-WAY 2705863 39 ELECTRIC ENERGY REVENUE 221000 649500980 649500980 G & T CAPITAL CREDITS 221000 19588770 19588770 POLE RENTAL 221000 4679798 4679798 OTHER CAPITAL CREDITS 221000 3275256 3275256 677044804 5425159 5425159 EQUITY IN EARNINGS OF SUBSIDI 900001 2990868 2990868 GAIN/LOSS ON DISPOSITION OF P 204473 204473 NON-OPERATING MARGINS-OTHER 2332 2332 -115809 -115809 3081864 685551827 672456002 2990868 10104957 55333816 1381700 1101868 18876216 45107491 PURCHASED POWER 460046127 DISTRIBUTION MAINTENANCE 27817559 ADMIN. & GENERAL EXP. 23907544 DISTRIBUTION OPERATIONS 18458262 33521244 685551827 0 0 0 28437026 25641976 66000000 63500000 66166061 75134203 41657907 55485276 1529808 1627857 1449464327 477731132 906392436 971733195 261784813 283843730 553325 1545983 1372521376 1478512220 65034435 63175110 562176044 622330114 124628264 136410552 751838743 821915776 X 4140670 4263445 616541963 652332999 620682633 656596444 1372521376 1478512220 X 0 35913811 X false true X true false 10046312 10046312 62955575 40677382 22278193 1376462440 437053750 939408690 971733195 OPC 206338178 C GTC 49944792 C GRESCO 6986279 C COOPERATIVE CHOICE 5686902 C CFC CTC'S 5231361 C CFC PATRONAGE CAPITAL 3412994 C SEWELL CREEK 2487024 C SMARR EMC 1749117 C FEDERATED 1707311 C NISC 209830 C NRTC 35399 C GSOC 30115 C CRC 20795 C GREEN POWER 12425 C COBANK 1100 C OTHER -9892 C 283843730 DEFERRED CREDITS 102808912 CONSUMER DEPOSITS 19400537 ACC. PROV. FOR POSTRETIREMENT 14201103 136410552 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF MAY 31, 2024 AND 2023. X X X X X X false true false ERNEST A CHIP JAKINS III EXECUTIVE-CEO 823966 520 21735 210176 40740 1097137 ROY A STOWE EXECUTIVE-COO 1221287 58706 22148 164059 14020 1480220 714359 AMY W ROUSE EXEC VP/CORP SVCS 375225 7342 13311 95196 40740 531814 JOSEPH L DOROUGH VP-ENGINEERING/OPER 453766 31531 17324 108908 40740 652269 PRESTON L CHAPMAN EXEC VP/EXT AFFRS 376984 19685 17572 105706 28176 548123 BRITTANY CAISON EVP-ENG./OPS. & TECH 327757 14652 12685 93161 40740 488995 SCHEDULE J, PAGE 1, PART I, LINE 4 ROY A. STOWE 0 714,359 0 SCHEDULE J, PART III THE CORPORATION HAS ESTABLISHED AN EXECUTIVE BENEFIT RESTORATION PLAN (EBR PLAN) UNDER IRC 457(F) FOR KEY MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER THE RS PENSION PLAN ARE RESTRICTED BECAUSE OF MAXIMUM LIMITS ON BENEFITS OR COMPENSATION THAT MAY BE PROVIDED BY THE RS PENSION PLAN. THE ACTUARIALLY DETERMINED "SERVICE COST" COMPONENT OF CURRENT YEAR NET PERIODIC BENEFIT EXPENSE HAS BEEN ADDED TO COLUMN (C) FOR PARTICIPANTS OF THIS PLAN. THE COOPERATIVE HAS REPORTED PAYMENTS MADE FOR THE EBR PLAN IN THE CURRENT YEAR AS A COMPONENT OF COMPENSATION IN COLUMN(B)(II). COMPENSATION PREVIOUSLY REPORTED IN COLUMN(F)OF THE 2024 FORM 990 IN ACCORDANCE WITH APPLICABLE DISCLOSURE REQUIREMENTS. IN ADDITION, THE CORPORATION HAS ESTABLISHED A PENSION RESTORATION PLAN (PRP) FOR ITS CHIEF EXECUTIVE OFFICER (CEO) WHOSE BENEFITS UNDER THE RS PLAN ARE RESTRICTED. THE CORPORATION WILL BE REQUIRED TO PAY THIS BENEFIT FROM THE GENERAL ASSETS OF THE CORPORATION. AFTER PAYING THE BENEFIT, THE CORPORATION WILL RECEIVE CREDIT ON ITS PAYMENTS EQUAL TO THE TOTAL AMOUNT FROM THE RS PLAN. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS 990. THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 PATRONAGE CAPITAL 55,333,816 MEMBERSHIP FEES 122,775 UNCLAIMED CAPITAL CREDITS 93,601 CAPITAL CREDIT RETIREMENTS -15,999,948 ASC 980 - REVENUE DEFERRAL -3,500,000 DONATED CAPITAL -136,433 TOTAL 35,913,811 JACKSON EMC FOUNDATION INC PO BOX 38 JEFFERSON GA 305490038 203423847 CHARITY GA 3 7 NA false false true false false false false false false false false false false false false true false false false false JACKSON EMC FOUNDATION INC O 66973 FMV SCHEDULE R THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO JACKSON EMC FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C) (3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPORVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY JACKSON ELECTRIC MEMBERSHIP COORPORATION. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.