JACKSON ELECTRIC COOPERATIVE: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- JACKSON ELECTRIC COOPERATIVE (EIN 39-0370662)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-06-04
- IRS object ID
- 201501559349300330
- Schema version
- 2014v5.0
- 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 | 2015-06-04T13:59:42-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | 2014-01-01 | 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 | 2015-05-27 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREGORY D MLEZIVA CPA | PreparerPersonNm |
| PTIN | P00004968 | PTIN |
| Phone | 7158342001 | PhoneNum |
| Preparation | 2015-06-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVIN BABCOCK GEN MGRCEO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 546 | AddressLine1Txt |
| City | BLACK RIVER FALLS | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,853,595 | 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 | 27 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,300,741 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,619,562 | CYProgramServiceRevenueAmt |
| PY Investment Income | $198,691 | PYInvestmentIncomeAmt |
| CY Investment Income | $179,446 | CYInvestmentIncomeAmt |
| PY Other Revenue | $31,995 | PYOtherRevenueAmt |
| CY Other Revenue | $10,875 | CYOtherRevenueAmt |
| PY Total Revenue | $20,531,427 | PYTotalRevenueAmt |
| CY Total Revenue | $20,809,883 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,430,320 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,457,331 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $263,463 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $566,952 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,837,644 | PYOtherExpensesAmt |
| CY Other Expenses | $18,785,600 | CYOtherExpensesAmt |
| PY Total Expenses | $20,531,427 | PYTotalExpensesAmt |
| CY Total Expenses | $20,809,883 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,702,785 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,886,752 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25,573,314 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,166,141 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,129,471 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,720,611 | 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 | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 27 | 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 | $19,928,829 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $59,353 | 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 (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| GARY WOODS | ||||||
| PRESIDENT | 7.50 | Yes (X) | $10,313 | $0 | $0 | |
| JERRY HUBER | ||||||
| VICE PRESIDE | 4.90 | Yes (X) | $8,913 | $0 | $0 | |
| DANIEL SMREKAR | ||||||
| DIRECTOR | 4.10 | Yes (X) | $8,113 | $0 | $0 | |
| DAVID PEASLEY | ||||||
| SECRETARY/TR | 3.60 | Yes (X) | $7,913 | $0 | $0 | |
| STANLEY GRAN | ||||||
| DIRECTOR | 3.70 | Yes (X) | $7,508 | $0 | $0 | |
| CHRISTOPHER CURRAN | ||||||
| DIRECTOR | 2.40 | Yes (X) | $6,513 | $0 | $0 | |
| JUNIOR JACOBSON | ||||||
| DIRECTOR | 2.30 | Yes (X) | $5,806 | $0 | $0 | |
| BRIAN HUBER | ||||||
| DIRECTOR | 1.80 | Yes (X) | $5,263 | $0 | $0 | |
| ROGER HANSEN | ||||||
| DIRECTOR (JA | 3.20 | Yes (X) | $3,657 | $0 | $0 | |
| JEROME WAGNER | ||||||
| DIRECTOR (DE | 7.60 | Yes (X) | $350 | $0 | $0 | |
| GREGORY MCFARLAND | ||||||
| CEO (JAN-OCT | 45.00 | $180,700 | $0 | $41,376 | Yes (X) | |
| KEVIN BABCOCK | ||||||
| CO-CEO (NOV- | 45.00 | $104,475 | $0 | $45,851 | Yes (X) | |
| JEFFRIE COOK | ||||||
| CO-CEO (NOV- | 45.00 | $102,650 | $0 | $40,112 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $452,174 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $127,339 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEW AGE TREE SERVICES | |||||
| PO BOX 543 | SPRING GROVE | MN | 559740543 | BRUSHING | $598,272 |
| PUSH INC | |||||
| PO BOX 72 | RICE LAKE | WI | 548680072 | UNDERGROUND CON | $266,443 |
| MOLL'S UTILITY SERVICES | |||||
| 622 170TH ST | HAMMOND | WI | 54015 | POLE REPLACEMEN | $205,440 |
| COOPERATIVE NETWORK | |||||
| 1 SOUTH PINCKNEY ST SUITE 810 | MADISON | WI | 537032868 | TRAINING | $107,172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|
| ELECTRIC REVENUES | $19,928,829 | $19,928,829 | |
| CAPITAL CREDIT ALLOCATIONS | $690,733 | $690,733 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,619,562 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $161,580 | TotalRevenueColumnAmt |
| Exclusion | $161,580 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $30,966 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $13,100 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $17,866 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,866 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,866 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $41,487 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $30,612 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,875 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,875 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,809,883 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,957,570 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $852,313 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,457,331 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $566,952 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $862,289 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,265,358 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF PURCHASED POWER | $13,149,588 |
| DISTRIBUTION - OPERATIONS | $1,020,814 |
| DISTRIBUTION - MAINTENANC | $891,385 |
| ADMINISTRATIVE AND GENERA | $628,456 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,710 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,809,883 | 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 | $117,748 | BOYAmt |
| EOY | $127,897 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,313,508 | BOYAmt |
| EOY | $1,541,334 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,065,308 | BOYAmt |
| EOY | $1,666,245 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,314 | BOYAmt |
| EOY | $446,020 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $39,526,202 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,270,351 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,171,116 | BOYAmt |
| EOY | $24,255,851 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,662,233 | BOYAmt |
| EOY | $7,954,182 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $955,558 | BOYAmt |
| EOY | $895,223 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,702,785 | BOYAmt |
| EOY | $36,886,752 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,449,894 | BOYAmt |
| EOY | $1,330,072 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,993,542 | BOYAmt |
| EOY | $20,682,586 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,129,878 | BOYAmt |
| EOY | $1,153,483 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,573,314 | BOYAmt |
| EOY | $23,166,141 | 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 |
| EOY | $778 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,111,418 | BOYAmt |
| EOY | $13,701,761 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,275 | BOYAmt |
| EOY | $18,072 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,129,471 | BOYAmt |
| EOY | $13,720,611 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,702,785 | BOYAmt |
| EOY | $36,886,752 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $591,140 | 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 | $39,407,622 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,270,351 | DepreciationAmt |
| Book Value | $24,137,271 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $24,255,851 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVEST. IN ASSOC ORG - PATRONAGE CAP | $6,857,067 | C |
| INVEST IN ECONOMIC DEV. PROJECTS | $531,735 | C |
| INVEST IN ASSOC ORG - NONGENERAL FUN | $398,412 | C |
| OTHER INVESTMENTS | $166,968 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $7,954,182 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER CURRENT AND ACCRUED LIABILITES | $982,020 |
| CONSUMER DEPOSITS | $156,983 |
| DEFERRED CREDITS | $14,480 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,153,483 | 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 (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| GREGORY MCFARLAND | ||||
| CEO (JAN-OCT) | $180,700 | $31,192 | $10,184 | $222,076 |
| KEVIN BABCOCK | ||||
| CO-CEO (NOV-DEC) | $104,475 | $33,594 | $12,257 | $150,326 |
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 | $67,984 | 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 (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 | THERE WAS A CHANGE IN WHERE ELECTRIC REVENUE, CAPITAL CREDIT ALLOCATIONS, AND COST OF POWER ARE REPORTED ON THE 990 WHEN COMPARED TO LAST YEAR'S RETURN. LAST YEAR THESE ITEMS WERE NETTED TOGETHER IN OTHER REVENUE ON THE STATEMENT OF REVENUE. THIS YEAR ELECTRIC REVENUE AND CAPITAL CREDIT ALLOCATIONS ARE REPORTED IN PROGRAM SERVICE REVENUE ON THE STATEMENT OF REVENUE. COST OF POWER IS NOW REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES. |
| 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 DISSOULTION 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 | 2014 MARGINS ALLOCATED TO MEMBERS 1,457,331 CAPITAL CREDITS RETIRED 866,191 |
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