Nonprofit · EIN 58-0301471
JACKSON ELECTRIC MEMBERSHIP CORP
Tax-exempt · JEFFERSON, GA 30549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $685,551,827 | $685,551,827 | $0 | $1,478,512,220 | $821,915,776 | $656,596,444 |
| December 31, 2023 | 990 | $643,216,865 | $643,216,865 | $0 | $1,372,521,376 | $751,838,743 | $620,682,633 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $677,044,804
- Investment income
- $5,425,159
- Other revenue
- $3,081,864
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $55,333,816
- Compensation of officers, directors and key employees
- $1,381,700
- Salaries, compensation and benefits (total)
- $1,381,700
- Professional fundraising fees
- $0
- Depreciation
- $45,107,491
Balance sheet and other
- Total assets, start of year
- $1,372,521,376
- Total assets, end of year
- $1,478,512,220
- Total liabilities, end of year
- $821,915,776
- Net assets, end of year
- $656,596,444
- Land, buildings and equipment
- $971,733,195
- Gross unrelated business income
- $2,990,868
- Gross receipts
- $685,551,827
- Employees
- 534
- Year formed
- 1938
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROY A STOWE | EXECUTIVE-CO Highest-paid employee | 50 | $1,302,141 | $178,079 |
| ERNEST A CHIP JAKINS III | EXECUTIVE-CE Officer | 50 | $846,221 | $250,916 |
| JOSEPH L DOROUGH | VP-ENGINEERI Highest-paid employee | 50 | $502,621 | $149,648 |
| PRESTON L CHAPMAN | EXEC VP/EXT Highest-paid employee | 50 | $414,241 | $133,882 |
| AMY W ROUSE | EXEC VP/CORP Highest-paid employee | 50 | $395,878 | $135,936 |
| BRITTANY CAISON | EVP-ENG./OPS Highest-paid employee | 50 | $355,094 | $133,901 |
| RODNEY CHANDLER | CHAIRMAN Trustee or director, Officer | 4 | $54,806 | $0 |
| LYNN PRICE | VICE CHAIRMA Trustee or director, Officer | 4 | $50,806 | $0 |
| OTIS JONES | DIRECTOR Trustee or director | 3 | $40,635 | $0 |
| SHADE STOREY | SECRETARY/TR Trustee or director, Officer | 3 | $25,750 | $0 |
| SARAH MCKINNEY | DIRECTOR Trustee or director | 3 | $23,500 | $0 |
| STEVE BLAIR | DIRECTOR Trustee or director | 3 | $23,125 | $0 |
| CHARLES B STEELE | DIRECTOR-RET Trustee or director | 3 | $22,317 | $0 |
| ALTON THORNTON | DIRECTOR Trustee or director | 3 | $20,125 | $0 |
| PHILLIP SUTTON | DIRECTOR Trustee or director | 3 | $20,000 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX HILL | DIRECTOR Trustee or director | 3 | $3,500 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROY A STOWE | COO Highest-paid employee | 50 | $1,187,880 | $172,745 |
| ERNEST A CHIP JAKINS III | PRESIDENT & Officer | 50 | $776,969 | $233,961 |
| PRESTON L CHAPMAN | EXEC VP/EXT Highest-paid employee | 50 | $410,265 | $139,155 |
| AMY W ROUSE | EXEC VP/CORP Highest-paid employee | 50 | $394,182 | $130,343 |
| JOSEPH L DOROUGH | VP-ENGINEERI Highest-paid employee | 50 | $363,620 | $145,478 |
| BRITTANY CAISON | VP MARKETING Highest-paid employee | 50 | $333,195 | $124,302 |
| RODNEY CHANDLER | CHAIRMAN Trustee or director, Officer | 4 | $52,011 | $0 |
| LYNN PRICE | VICE CHAIRMA Trustee or director, Officer | 4 | $51,261 | $0 |
| OTIS JONES | DIRECTOR Trustee or director | 3 | $43,528 | $0 |
| CHARLES B STEELE | DIRECTOR Trustee or director | 3 | $31,076 | $0 |
| SARAH MCKINNEY | DIRECTOR Trustee or director | 3 | $25,000 | $0 |
| STEVE BLAIR | DIRECTOR Trustee or director | 3 | $24,500 | $0 |
| SHADE STOREY | SECRETARY/TR Trustee or director, Officer | 3 | $21,500 | $0 |
| ALTON THORNTON | DIRECTOR Trustee or director | 3 | $19,625 | $0 |
| PHILLIP SUTTON | DIRECTOR Trustee or director | 3 | $8,000 | $0 |
| BILL E CARPENTER | DIRECTOR Trustee or director | 3 | $7,182 | $0 |
| JOHN MITCHELL | DIRECTOR Trustee or director | 3 | $7,000 | $0 |
Address and contacts
- Address (IRS master file)
- 850 COMMERCE RD, JEFFERSON, GA 30549-3329
- In care of
- % RENEE DOMER
- Principal officer (990 for 2024)
- ERNEST A CHIP JAKINS III, PO BOX 38, JEFFERSON, GA 30549
- Signed the 990
- ERNEST A CHIP JAKINS III, EXECUTIVE-CEO
- Phone
- (706) 367-5281
- Website
- HTTPS://WWW.JACKSONEMC.COM/
- Return prepared by
- MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
Mission
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.
Program accomplishments
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0301471
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,478,512,220
- Income (IRS master file)
- $685,551,827
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $685,551,827 | $685,551,827 | $1,478,512,220 | IRS |
| 990 | December 2023 | $643,216,865 | $643,216,865 | $1,372,521,376 | XML |
| 990 | December 2022 | $690,430,146 | $690,430,146 | $1,306,228,327 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-0301471).
Questions about JACKSON ELECTRIC MEMBERSHIP CORP
- What is the EIN of JACKSON ELECTRIC MEMBERSHIP CORP?
- The employer identification number (EIN) of JACKSON ELECTRIC MEMBERSHIP CORP is 58-0301471.
- Is JACKSON ELECTRIC MEMBERSHIP CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1943.
- Are donations to JACKSON ELECTRIC MEMBERSHIP CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does JACKSON ELECTRIC MEMBERSHIP CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of JACKSON ELECTRIC MEMBERSHIP CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JACKSON ELECTRIC MEMBERSHIP CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of JACKSON ELECTRIC MEMBERSHIP CORP?
- The 990 for the year ended December 31, 2024 names ERNEST A CHIP JAKINS III.
- Who are the officers and directors of JACKSON ELECTRIC MEMBERSHIP CORP?
- The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $1,302,141 (ROY A STOWE, EXECUTIVE-CO).
- How much revenue does JACKSON ELECTRIC MEMBERSHIP CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $685,551,827, expenses of $685,551,827 and total assets of $1,478,512,220 at year end.
Other nonprofits in JEFFERSON
- JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR EIN 58-6425119 · last filed 990 for 2025
- EDWARD R FISHER CHARITABLE FOUNDATION INC EIN 46-1571466 · last filed 990-PF for 2024
- BOY SCOUTS OF AMERICA EIN 58-0566207 · last filed 990 for 2025
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 58-2238117 · last filed 990 for 2024
- JACKSON EMC FOUNDATION INC EIN 20-3423847 · last filed 990 for 2026
- JACKSON COUNTY CHAMBER OF COMMERCE EIN 58-1238040 · last filed 990 for 2024
- HOPE HAVEN INC EIN 58-6043310 · last filed 990 for 2024
- STREET LOVE MINISTRIES INC EIN 87-4333271 · last filed 990 for 2025