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Nonprofit · EIN 74-0711255

JASPER-NEWTON ELECTRIC COOPERATIVE

Tax-exempt · KIRBYVILLE, TX 75956

Financials

$62.7M$62.7M2023$59.8M$59.8M2024
Revenue Expenses · by fiscal year end
Financials of JASPER-NEWTON ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$59,791,443$59,791,443$0$166,203,735$90,619,429$75,584,306
December 31, 2023990$62,664,858$62,664,858$0$160,922,012$85,624,178$75,297,834
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$59,560,107
Investment income
$127,840
Net income from sales of inventory
$70,113
Other revenue
$103,496

Expenses

Grants and similar amounts paid
$1,250
Benefits paid to members
$1,973,173
Compensation of officers, directors and key employees
$781,286
Other salaries and wages
$7,007,446
Salaries, compensation and benefits (total)
$11,266,943
Professional fundraising fees
$0
Depreciation
$5,316,819

Balance sheet and other

Total assets, start of year
$160,922,012
Total assets, end of year
$166,203,735
Total liabilities, end of year
$90,619,429
Net assets, end of year
$75,584,306
Land, buildings and equipment
$122,307,782
Gross receipts
$60,041,611
Employees
122
Volunteers
0
Year formed
1944
State of legal domicile
TX

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.

NameTitleHours / weekCompensationOther / benefits
MARK TAMPLINGENERAL MANAGER
Officer
50$292,725$156,901
JOHN HANCOCKDIRECTOR OF CONSTRUCTION
Highest-paid employee
40$145,431$110,493
DENNIS JOEY DAVISASST. MANAGER ADMIN
Highest-paid employee
40$167,523$81,882
AARON CRAWFORDASST. MANAGER OF OPERATION
Highest-paid employee
40$172,761$61,515
KEVIN ALEX STARKENERGY AUDITOR
Highest-paid employee
57$162,568$41,000
SHELLEY POWELLDIRECTOR OF FINANCE
Officer
40$146,269$44,929
JACOB WILLIAMSCONSTRUCTION LINEMAN
Highest-paid employee
54$142,702$20,792
DENNIS MULDROWSECRETARY/TREASURER
Trustee or director, Officer
27.2$19,037$0
MACK ROSEVICE PRESIDENT
Trustee or director, Officer
62.7$17,401$0
DAVID JONESDIRECTOR
Trustee or director
2.5$17,103$0
GODWIN TURKDIRECTOR
Trustee or director
43$17,037$0
DOUGLAS SMITHDIRECTOR
Trustee or director
27$16,480$0
PATRICK BROWNPRESIDENT
Trustee or director, Officer
10.6$16,401$0
GARY SATTERWHITEDIRECTOR
Trustee or director
3$13,301$0
ALISON MATHEWSDIRECTOR
Trustee or director
2.5$12,801$0
1 more people on this return
NameTitleHours / weekCompensation
PAUL SIMMONSDIRECTOR
Trustee or director
8.3$10,901
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MARK TAMPLINGENERAL MANAGER
Officer
50$252,201$123,078
JOHN HANCOCKDIRECTOR OF CONSTRUCTION
Highest-paid employee
40$126,437$98,819
DENNIS JOEY DAVISASST. MANAGER ADMIN
Highest-paid employee
40$135,965$64,720
AARON CRAWFORDASST. MANAGER OF OPERATION
Highest-paid employee
40$139,758$52,614
KEVIN ALEX STARKENERGY AUDITOR
Highest-paid employee
54$146,082$37,623
SHELLEY POWELLDIRECTOR OF FINANCE
Officer
40$132,958$38,121
BRANDON WELLMANSERVICEMAN
Highest-paid employee
50$122,869$33,659
DENNIS MULDROWSECRETARY/TREASURER
Trustee or director, Officer
35.5$21,537$0
DAVID JONESDIRECTOR
Trustee or director
4.9$21,301$0
MACK ROSEVICE PRESIDENT
Trustee or director, Officer
38.2$19,901$0
PATRICK BROWNPRESIDENT
Trustee or director, Officer
8.5$16,901$0
GARY SATTERWHITEDIRECTOR
Trustee or director
2.5$14,301$0
DOUGLAS SMITHDIRECTOR
Trustee or director
26.1$13,108$0
GODWIN TURKDIRECTOR
Trustee or director
35.5$13,108$0
PAUL SIMMONSDIRECTOR
Trustee or director
8.2$11,401$0
ALISON MATHEWSDIRECTOR
Trustee or director
7$9,784$0
HENRY BISCAMPPRESIDENT (JAN-APRIL)
Trustee or director, Officer
5.3$4,634$0

Address and contacts

Address (IRS master file)
812 S MARGARET AVE, KIRBYVILLE, TX 75956-2419
In care of
% JASPER-NEWTON ELECTRIC COOPERTIVE
Principal officer (990 for 2024)
MARK TAMPLIN, 812 SOUTH MARGARET AVE, KIRBYVILLE, TX 75956
Signed the 990
SHELLEY POWELL, DIRECTOR OF FINANCE
Phone
(409) 423-2241
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

NONE

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 24,074 ACTIVE SERVICES AT YEAR END.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-0711255
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$166,203,735
Income (IRS master file)
$60,041,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$59,791,443$59,791,443$166,203,735IRS
990December 2023$62,664,858$62,664,858$160,922,012XML
990December 2022$65,226,638$65,226,638$155,982,953IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 74-0711255).

Questions about JASPER-NEWTON ELECTRIC COOPERATIVE

What is the EIN of JASPER-NEWTON ELECTRIC COOPERATIVE?
The employer identification number (EIN) of JASPER-NEWTON ELECTRIC COOPERATIVE is 74-0711255.
Is JASPER-NEWTON ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1944.
Are donations to JASPER-NEWTON ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does JASPER-NEWTON ELECTRIC COOPERATIVE 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 JASPER-NEWTON ELECTRIC COOPERATIVE 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 JASPER-NEWTON ELECTRIC COOPERATIVE 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 JASPER-NEWTON ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 names MARK TAMPLIN.
Who are the officers and directors of JASPER-NEWTON ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $292,725 (MARK TAMPLIN, GENERAL MANAGER).
How much revenue does JASPER-NEWTON ELECTRIC COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $59,791,443, expenses of $59,791,443 and total assets of $166,203,735 at year end.

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