Jump River Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390382695 ✦ Ladysmith, WI ✦ Designated as a 501(c)(12)

Overview

What is Jump River Electric Cooperative Inc?

Jump River Electric Cooperative Inc is a Wisconsin-based nonprofit organization, located in Ladysmith, with a PO Box address (99, 54848). Their mission is to provide dependable and competitively priced electric energy and related services to members under cooperative principles. With a team of 32 employees, they aim to deliver reliable, affordable energy, and other valuable services in a safe and environmentally responsible manner. In 2022, they sold 96.7 million kWh of electricity to their members. Their commitment to their community and customers remains a top priority as they operate on a not-for-profit basis.


Official website here: www.jrec.net

Is Jump River Electric Cooperative Inc legitimate?

Jump River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jump River Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $325,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jrec.net

What is the mission statement of Jump River Electric Cooperative Inc?

Jump River Electric Cooperative Inc is dedicated to providing reliable and affordable energy and related services to its members under cooperative principles. The mission of Jump River Electric Cooperative is to deliver these essentials in a safe and environmentally responsible manner, adapting to the evolving needs of the communities it serves. In 2022, the cooperative supplied 96.7 million kilowatt-hours of electricity to its members. Commitment to this mission includes maintaining a reliable energy supply, competitive pricing, and adding value for members while optimally using resources and technology.


Official website here: www.jrec.net

Who is the CEO of Jump River Electric Cooperative Inc?

Myron Brooks is the Chairman of Jump River Electric Cooperative Inc.


Official website here: www.jrec.net

What is the revenue of Jump River Electric Cooperative Inc?

Jump River Electric Cooperative Inc's revenue in 2022 was $16,877,097.


Official website here: www.jrec.net

Who are the executives of Jump River Electric Cooperative Inc and what are their salaries?

The average compensation at Jump River Electric Cooperative Inc during 2022 was $10,170. There are 32 employees at Jump River Electric Cooperative Inc.

Here are 16 key members and their salaries:

    Kurt Harris (General Manager)
  • Compensation: $170,257
  • Related: $0
  • Other: $100,673

    • Greg Walters (Journey Line Worker)
  • Compensation: $114,022
  • Related: $0
  • Other: $108,106

    • Kevin Wright (Journey Line Worker)
  • Compensation: $116,683
  • Related: $0
  • Other: $75,006

    • Cory Andraschko (Journey Line Worker)
  • Compensation: $137,691
  • Related: $0
  • Other: $52,860

    • Lori Davis (Finance Manager)
  • Compensation: $103,828
  • Related: $0
  • Other: $78,737

    • Daniel Anglemyer (Journey Line Worker)
  • Compensation: $112,804
  • Related: $0
  • Other: $67,855

    • Joe Lorence (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $9,550
  • Related: $0
  • Other: $0

    • Myron Brooks (Chairman) [Trustee/Director]
  • Compensation: $8,200
  • Related: $0
  • Other: $0

    • Sandra Schara (Director)
  • Compensation: $7,650
  • Related: $0
  • Other: $0

    • Bill Van Doorn (Director)
  • Compensation: $6,600
  • Related: $0
  • Other: $0

    • Jason Weaver (Vice Chairman) [Trustee/Director]
  • Compensation: $5,400
  • Related: $0
  • Other: $0

    • Bill Amery (Director)
  • Compensation: $4,525
  • Related: $0
  • Other: $0

    • Walter Kruk (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Jane Reich (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Jerry Carow (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Mike Schaefer (Interim General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jrec.net

    Where can I find the form 990 for Jump River Electric Cooperative Inc?

    The Jump River Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jrec.net

    Learn more at the official website: www.jrec.net

    Mission Statement of Jump River Electric Cooperative Inc

    Jump River Electric Cooperative Inc, a dedicated organization, strives to provide reliable and affordable electric energy and related services to its members, adhering to cooperative principles. With a mission to offer merit-based energy solutions in a safe and environmentally responsible manner, Jump River Electric Cooperative works diligently to address the growing energy needs of the communities it serves.

    In 2022, the cooperative sold a substantial amount of electricity to its members, totaling 96,711,358 KWH. As part of its commitment to its mission, Jump River Electric Cooperative continues to prioritize the provision of dependable, competitively priced energy to customers, without generating profits. The cooperative's top priority lies in delivering maximum value to its members, all while responsibly managing resources and implementing advanced technology.

    Jump River Electric Cooperative plays a crucial role in ensuring the energy needs of its members are met, as it strives to maintain a consistent and efficient power supply. The cooperative's unwavering focus on safety and environmental responsibility enables it to make a positive impact on the communities it serves, contributing to a higher quality of life for its members.

    Impact

    This information is meant to be a general summary of Jump River Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Jump River Electric Cooperative Inc's impact can be seen through its dedication to providing reliable electric energy and related services to its members under cooperative principles. In 2022 alone, the cooperative sold 96,711,358 kWh of electricity to its members. By continuing to offer competitively priced energy and related services on a not-for-profit basis, Jump River Electric Cooperative ensures that its customers receive maximum value while also promoting the wise use of resources and technology.

    The cooperative's mission of providing reliable, affordable energy and other services in a safe and environmentally responsible manner demonstrates its commitment to meeting the growing needs of the communities it serves. Through its initiatives, Jump River Electric Cooperative contributes to the well-being and sustainability of its members and the local areas it operates in.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,914
  • Program Service Revenue: $16,244,388
  • Gross Receipts: $16,985,652

    • Assets and Liabilities:
  • Total Assets: $50,800,248
  • Total Liabilities: $32,713,742
  • Net Assets: $18,086,506
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF POWER

    Revenue

    $16,244,388

    Organization Details

    Founding Year

    1938

    Principal Officer

    Myron Brooks

    Main Address

    PO BOX 99, LADYSMITH, WI, 54848

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Jump River Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.