Petit Jean Electric Cooperative Corporation

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

EIN: 710139955 ✦ Clinton, AR ✦ Designated as a 501(c)(12)

Overview

What is Petit Jean Electric Cooperative Corporation?

Petit Jean Electric Cooperative Corporation is a nonprofit organization located in Clinton, Arkansas (PO Box 37). With a mission to provide reliable and quality electric service at fair and competitive prices, they operate on a cooperative basis, allocating patronage capital to members. Their activities reached 20,778 active services as of the year end. The cooperative is committed to leading local communities, fostering positive growth within their service area. They employ a workforce of 80 individuals.


Official website here: www.pjecc.com

Is Petit Jean Electric Cooperative Corporation legitimate?

Petit Jean Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Petit Jean Electric Cooperative 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: $1,117,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,099,554

For more financial information, click here


Official website here: www.pjecc.com

What is the mission statement of Petit Jean Electric Cooperative Corporation?

Petit Jean Electric Cooperative Corporation is dedicated to delivering reliable and quality electric service to its members at reasonable prices. The cooperative provides leadership within local communities, contributing to positive growth within its service area. Through the cooperative business model, Petit Jean Electric allocates patronage capital to provide electric energy to its members. At the end of the year, there were 20,778 active services.


Official website here: www.pjecc.com

Who is the CEO of Petit Jean Electric Cooperative Corporation?

Michael Kirkland is the Ceo/General Manager of Petit Jean Electric Cooperative Corporation. The CEO's salary of Petit Jean Electric Cooperative Corporation is $356,581 and their total compensation is $671,820.


Official website here: www.pjecc.com

What is the revenue of Petit Jean Electric Cooperative Corporation?

Petit Jean Electric Cooperative Corporation's revenue in 2022 was $46,747,332.


Official website here: www.pjecc.com

Who are the executives of Petit Jean Electric Cooperative Corporation and what are their salaries?

The average compensation at Petit Jean Electric Cooperative Corporation during 2022 was $52,714. There are 80 employees at Petit Jean Electric Cooperative Corporation.

Here are 16 key members and their salaries (Petit Jean Electric Cooperative Corporation's CEO's salary is $356,581 and their total compensation is $671,820):

    Michael Kirkland (Ceo/General Manager)
  • Compensation: $356,581
  • Related: $0
  • Other: $315,239

    • Johnny Moore (Manager Of Operations)
  • Compensation: $122,580
  • Related: $0
  • Other: $97,806

    • Michael Garbow (Manager Of Engineering)
  • Compensation: $128,090
  • Related: $0
  • Other: $88,055

    • William Green (Broadband Manager)
  • Compensation: $134,315
  • Related: $0
  • Other: $72,768

    • William Tester (Branch Manager)
  • Compensation: $124,169
  • Related: $0
  • Other: $82,139

    • Marianne Pyeatt (Manager Of Finance And Acc)
  • Compensation: $124,788
  • Related: $0
  • Other: $61,864

    • Shawn Biggs (System Engineer)
  • Compensation: $111,445
  • Related: $0
  • Other: $41,142

    • Richard Collins Jr (Director)
  • Compensation: $38,305
  • Related: $0
  • Other: $0

    • Frederick Herman (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $34,233
  • Related: $0
  • Other: $0

    • Darrell Allen (Director)
  • Compensation: $30,514
  • Related: $0
  • Other: $0

    • Terry Kirkendoll (Director)
  • Compensation: $28,851
  • Related: $0
  • Other: $0

    • William Derickson (Director)
  • Compensation: $28,618
  • Related: $0
  • Other: $0

    • Donnie Collins (President) [Trustee/Director]
  • Compensation: $28,283
  • Related: $0
  • Other: $0

    • Addison Wood (Director)
  • Compensation: $27,964
  • Related: $0
  • Other: $0

    • Jerel Brown (Director)
  • Compensation: $25,355
  • Related: $0
  • Other: $0

    • Gilbert Lewis (Director (June-Dec))
  • Compensation: $16,995
  • Related: $0
  • Other: $0


  • Official website here: www.pjecc.com

    Where can I find the form 990 for Petit Jean Electric Cooperative Corporation?

    The Petit Jean Electric Cooperative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pjecc.com

    Learn more at the official website: www.pjecc.com

    Mission Statement of Petit Jean Electric Cooperative Corporation

    Petit Jean Electric Cooperative Corporation, a not-for-profit organization, is dedicated to delivering reliable and quality electric service to its members at fair and competitive prices. Operating on a cooperative basis, the corporation ensures that its members receive the essential electric energy they need to power their homes and businesses.

    Beyond providing essential electric service, Petit Jean Electric Cooperative Corporation also demonstrates leadership within local communities, fostering positive growth within its service area. This commitment to community development is an integral part of the corporation's mission.

    As a cooperative, Petit Jean Electric Cooperative Corporation sets itself apart by allocating patronage capital to its members. By the end of the year, there were 20,778 active services being provided by the corporation. This model not only ensures that the members receive affordable electric service but also allows them to benefit from the collective success of the organization. Through its cooperative approach, Petit Jean Electric Cooperative Corporation continues to make a significant impact on the lives of its members and the communities it serves.

    Impact

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




    Thursday, August 15, 2024

    Petit Jean Electric Cooperative Corporation's impact lies in its ability to provide reliable and quality electric service to its members at cost on a cooperative basis. By serving 20,778 active services in Clinton, Arkansas, the cooperative ensures that communities have access to essential energy resources. Their mission of facilitating positive growth within their service area demonstrates their commitment to enhancing local development and fostering a sustainable future. Petit Jean Electric Cooperative Corporation's dedication to public benefit through the provision of affordable electricity contributes significantly to the well-being and progress of the regions they serve.





    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: $402,735
  • Program Service Revenue: $42,689,747
  • Gross Receipts: $46,750,045

    • Assets and Liabilities:
  • Total Assets: $166,442,334
  • Total Liabilities: $118,982,668
  • Net Assets: $47,459,666
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $41,996,754

    PATRONAGE DIVIDENDS

    Revenue

    $486,746

    SERVICE FEES

    Revenue

    $179,825

    OTHER PROGRAM REVENUE

    Revenue

    $26,422

    Organization Details

    Founding Year

    1940

    Principal Officer

    Michael Kirkland

    Main Address

    PO BOX 37, CLINTON, AR, 72031

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Petit Jean Electric Cooperative 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.