Jackson Electric Membership Corporation

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

EIN: 580301471 ✦ Jefferson, GA ✦ Designated as a 501(c)(12)

Overview

What is Jackson Electric Membership Corporation?

Jackson Electric Membership Corporation is a nonprofit organization committed to delivering top-notch electric services to every individual within its jurisdiction, ensuring affordable prices and exceptional standards. Led by Ernest A Chip Jakins III, the corporation prioritizes providing the best possible electric service to all who desire it within their system area, maintaining a customer-focused approach consistent with the highest service standards.


Is Jackson Electric Membership Corporation legitimate?

Jackson Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jackson Electric Membership Corporation 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: $1,207,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Jackson Electric Membership Corporation?
Who is the CEO of Jackson Electric Membership Corporation?
What is the revenue of Jackson Electric Membership Corporation?
Who are the executives of Jackson Electric Membership Corporation and what are their salaries?
Where can I find the form 990 for Jackson Electric Membership Corporation?

Mission Statement of Jackson Electric Membership Corporation

Jackson Electric Membership Corporation, or JEMCo, is dedicated to providing top-notch electric services to all who seek it within its system area. This commitment is made with the understanding that affordability is essential, and the organization strives to maintain the highest service standards while keeping costs reasonable.

Ernest A. Chip Jakins III leads JEMCo in its mission to deliver electric services that meet the needs and expectations of its customers. The corporation's primary focus is on ensuring a consistent and dependable power supply, making life more convenient and efficient for individuals and families. By maintaining a strong infrastructure and investing in the latest technology, JEMCo is able to provide reliable electric services that are crucial for modern living.

Moreover, JEMCo is deeply committed to customer satisfaction. The organization understands that electricity is an essential resource for daily life, and it goes the extra mile to ensure that its services are not only reliable but also responsive to the needs of its customers. Whether it's addressing power outages promptly or providing excellent customer support, JEMCo is dedicated to putting its customers first.

In summary, Jackson Electric Membership Corporation is more than just an electric utility provider. It is a community-focused organization that is committed to delivering superior electric services at reasonable costs, ensuring the comfort and convenience of its customers while maintaining the highest service standards.

Impact

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




Thursday, August 15, 2024

Jackson Electric Membership Corporation's impact is felt through its commitment to providing superior electric service to all individuals within its system area at an affordable cost while upholding the highest standards of service. By ensuring reliable access to electricity for residents in Jefferson, GA, Jackson EMC plays a vital role in supporting the daily lives, businesses, and overall well-being of the community. Under the leadership of Ernest A. Chip Jakins III, the organization continues to fulfill its mission of delivering essential services that enhance the quality of life for its members.





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: $1,777,060
  • Program Service Revenue: $685,776,968
  • Gross Receipts: $690,430,146

    • Assets and Liabilities:
  • Total Assets: $1,306,228,327
  • Total Liabilities: $720,377,713
  • Net Assets: $585,850,614
  • Programs

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

    ELECTRIC ENERGY REVENUE

    Revenue

    $664,063,475

    G & T CAPITAL CREDITS

    Revenue

    $16,323,855

    POLE RENTAL

    Revenue

    $3,993,825

    OTHER CAPITAL CREDITS

    Revenue

    $1,395,813

    Organization Details

    Founding Year

    1938

    Principal Officer

    Ernest A Chip Jakins Iii

    Main Address

    PO BOX 38, JEFFERSON, GA, 305490038

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Jackson Electric Membership Corporation 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.