JACKSON ELECTRIC COOPERATIVE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- JACKSON ELECTRIC COOPERATIVE (EIN 39-0370662)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-04-29
- IRS object ID
- 201631209349300123
- Schema version
- 2015v2.1
- 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 | 2016-04-29T11:21:28-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 391277627 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAUMAN ASSOCIATES LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1225 | AddressLine1Txt |
| City | EAU CLAIRE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 547021225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390370662 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACKSON ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JACK | BusinessNameControlTxt |
| Phone | 7152845385 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N6868 COUNTY ROAD F PO BOX 546 | AddressLine1Txt |
| City | BLACK RIVER FALLS | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54615 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY WOODS | PersonNm |
| Person Title | BOARD PRESIDENT | PersonTitleTxt |
| Phone | 7152845385 | PhoneNum |
| Signature | 2016-04-20 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NATHAN KALEPP CPA | PreparerPersonNm |
| PTIN | P01320467 | PTIN |
| Phone | 7158342001 | PhoneNum |
| Preparation | 2016-04-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVIN BABCOCK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N6868 COUNTY ROAD F PO BOX 546 | AddressLine1Txt |
| City | BLACK RIVER FALLS | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,724,732 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.JACKELEC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION OF ELECTRICITY TO RURAL PARTS OF JACKSON COUNTY AND PARTS OF 5 OTHER COUNTIES IN WEST-CENTRAL WISCONSIN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 26 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,619,562 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $19,391,435 | CYProgramServiceRevenueAmt |
| PY Investment Income | $179,446 | PYInvestmentIncomeAmt |
| CY Investment Income | $93,700 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,875 | PYOtherRevenueAmt |
| CY Other Revenue | $192,669 | CYOtherRevenueAmt |
| PY Total Revenue | $20,809,883 | PYTotalRevenueAmt |
| CY Total Revenue | $19,677,804 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,457,331 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $656,314 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $566,952 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $335,785 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,785,600 | PYOtherExpensesAmt |
| CY Other Expenses | $18,399,336 | CYOtherExpensesAmt |
| PY Total Expenses | $20,809,883 | PYTotalExpensesAmt |
| CY Total Expenses | $19,391,435 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $286,369 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $36,886,752 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,821,089 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,166,141 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,559,403 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,720,611 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,261,686 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION OF ELECTRICITY TO RURAL PARTS OF JACKSON COUNTY AND PARTS OF 5 OTHER COUNTIES IN WEST-CENTRAL WISCONSIN. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | DISTRIBUTION OF ELECTRICITY TO RURAL RESIDENTS OF 6 COUNTIES IN WEST- CENTRAL WISCONSIN. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 26 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $18,728,617 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $988,589 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
| Phone | 7152845385 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N6868 COUNTY RD F | AddressLine1Txt |
| City | BLACK RIVER FALLS | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54615 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| GARY WOODS | ||||||
| BOARD PRESID | 5.40 | Yes (X) | $13,045 | $0 | $0 | |
| JERRY HUBER | ||||||
| VICE PRESIDE | 5.30 | Yes (X) | $12,615 | $0 | $0 | |
| DANIEL SMREKAR | ||||||
| DIRECTOR | 5.60 | Yes (X) | $11,673 | $0 | $0 | |
| STANLEY GRAN | ||||||
| DIRECTOR | 4.30 | Yes (X) | $10,455 | $0 | $0 | |
| JEROME WAGNER | ||||||
| DIRECTOR | 3.90 | Yes (X) | $9,984 | $0 | $0 | |
| CHRISTOPHER CURRAN | ||||||
| DIRECTOR | 3.20 | Yes (X) | $9,328 | $0 | $0 | |
| DAVID PEASLEY | ||||||
| SECRETARY/TR | 3.20 | Yes (X) | $8,343 | $0 | $0 | |
| BRIAN HUBER | ||||||
| DIRECTOR | 2.30 | Yes (X) | $8,082 | $0 | $0 | |
| JUNIOR JACOBSON | ||||||
| DIRECTOR | 2.00 | Yes (X) | $7,246 | $0 | $0 | |
| KEVIN BABCOCK | ||||||
| CEO | 45.00 | $140,725 | $0 | $55,731 | Yes (X) | |
| JEFFRIE COOK | ||||||
| FINANCE MGR | 45.00 | $78,132 | $0 | $7,892 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $309,628 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $63,623 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RURAL ELECTRIC SUPPLY COOPERATIVE | |||||
| PO BOX 684141 | CHICAGO | IL | 60695 | PLANT MATERIALS | $669,066 |
| NEW AGE TREE SERVICES | |||||
| PO BOX 543 | SPRING GROVE | MN | 559740543 | BRUSHING | $609,073 |
| STUART C IRBY CO | |||||
| PO BOX 741001 | ATLANTA | GA | 30384 | PLANT MATERIALS | $390,292 |
| NRECA | |||||
| PO BOX 798185 | ST LOUIS | MO | 63179 | INSURANCE | $314,651 |
| PUSH INC | |||||
| PO BOX 72 | RICE LAKE | WI | 548680072 | UNDERGROUND CON | $262,406 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|
| ELECTRIC REVENUES | $18,728,617 | $18,728,617 | |
| CAPITAL CREDIT ALLOCATIONS | $662,818 | $662,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $19,391,435 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,725 | TotalRevenueColumnAmt |
| Exclusion | $96,725 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $7,525 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $10,550 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$3,025 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,025 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$3,025 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $48,414 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $36,378 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,036 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,036 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC NON OPERATING | Desc |
| Total Revenue Column | $180,633 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $180,633 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $180,633 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,677,804 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,918,261 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $759,543 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,314 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,785 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $827,925 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,299,740 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF PURCHASED POWER | $12,497,476 |
| ADMINISTRATIVE AND GENERA | $1,030,158 |
| DISTRIBUTION - MAINTENANC | $985,622 |
| DISTRIBUTION - OPERATIONS | $830,153 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $928,262 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,391,435 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,897 | BOYAmt |
| EOY | $69,920 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,541,334 | BOYAmt |
| EOY | $2,174,868 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,666,245 | BOYAmt |
| EOY | $1,490,580 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,020 | BOYAmt |
| EOY | $426,104 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $40,261,402 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,867,213 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,255,851 | BOYAmt |
| EOY | $24,394,189 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,954,182 | BOYAmt |
| EOY | $8,481,094 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $895,223 | BOYAmt |
| EOY | $784,334 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,886,752 | BOYAmt |
| EOY | $37,821,089 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,330,072 | BOYAmt |
| EOY | $1,353,786 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,682,586 | BOYAmt |
| EOY | $20,676,116 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,153,483 | BOYAmt |
| EOY | $1,529,501 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,166,141 | BOYAmt |
| EOY | $23,559,403 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $778 | BOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,701,761 | BOYAmt |
| EOY | $14,241,147 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,072 | BOYAmt |
| EOY | $20,539 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,720,611 | BOYAmt |
| EOY | $14,261,686 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,886,752 | BOYAmt |
| EOY | $37,821,089 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $286,369 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $254,706 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $118,580 | OtherCostOrOtherBasisAmt |
| Book Value | $118,580 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,142,822 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,867,213 | DepreciationAmt |
| Book Value | $24,275,609 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $24,394,189 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVEST. IN ASSOC ORG - PATRONAGE CAP | $7,370,658 | C |
| INVEST IN ECONOMIC DEV. PROJECTS | $474,099 | C |
| INVEST IN ASSOC ORG - NONGENERAL FUN | $396,890 | C |
| OTHER INVESTMENTS | $239,447 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $8,481,094 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER CURRENT AND ACCRUED LIABILITES | $988,808 |
| DEFERRED CREDITS | $392,470 |
| CONSUMER DEPOSITS | $148,223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,529,501 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN BABCOCK | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $140,725 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $43,771 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $11,960 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $196,456 | TotalCompensationFilingOrgAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID PEASLEY | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FED COOP BOARD | RelationshipDescriptionTxt |
| Transaction | $47,040 | TransactionAmt |
| Transaction | SEE BELOW | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | PART IV, LINE 1(D) - DESCRIPTION OF TRANSACTION PURCHASE OF FUEL & SUPPLY | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | JEC IS A MEMBER-OWNED ELECTRIC DISTRIBUTION COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS OF EACH OF NINE (9) DISTRICTS ELECTS THE BOARD OF DIRECTORS EVERY THIRD (3RD) YEAR AT AN ANNUAL DISTRICT MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE BY-LAWS OF JEC DEFINE WHICH TRANSACTION NEED A VOTE BY THE ENTIRE MEMBERSHIP OF JEC. THE MAIN TRANSACTIONS WOULD BE A SALE OR DISSOLUTION OF JEC AND APPROVAL OF ACTION ITEMS AT THE ANNUAL MEETING OF THE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | AFTER THE FORM 990 IS COMPLETED THE RETURN IS DISTRIBUTED TO THE BOARD OF DIRECTORS AT A REGULAR BOARD MEETING. THE FORM 990 IS REVIEWED SECTION BY SECTION BY THE BOARD. THE BOARD PRESIDENT THEN SIGNS THE COMPLETED FORM. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL BOARD POLICIES ARE REVIEWED ON A TWO (2) YEAR CYCLE BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD REVIEWS THE NATIONAL COMPENSATION SURVEY (PUBLISHED BY NRECA). THE DOCUMENT PROVIDES A STARTING PLACE TO DETERMINE SALARY. THE BOARD ALSO REVIEWS PERFORMANCE OF THE INDIVIDUAL AND DETERMINES IF THE INDIVIDUAL IS PROVIDING THE NECESSARY LEADERSHIP TO STEER THE COOPERATIVE IN A DIRECTION TO ACHIEVE THE GOALS AS ESTABLISHED BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE ABOVE NOTE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE DOCUMENTS REFERRED TO IN THE QUESTION ARE ALWAYS AVAILABLE TO JEC MEMBERS UPON VERBAL OR WRITTEN REQUEST EITHER TO THE GENERAL MANAGER OR OTHER STAFF. |
| FORM 990, PART XI, LINE 9 | 2015 MARGINS ALLOCATED TO MEMBERS 656,314 CAPITAL CREDITS RETIRED -401,608 TOTAL 254,706 |
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