Jasper Newton Electric Cooperative Inc

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

EIN: 740711255 ✦ Kirbyville, TX ✦ Designated as a 501(c)(12)

Overview

What is Jasper Newton Electric Cooperative Inc?

Jasper Newton Electric Cooperative Inc is a nonprofit organization dedicated to delivering Electric energy to rural communities at affordable costs. Their mission encompasses a commitment to exceptional customer service, as evidenced by their top-notch Electric service reliability. They foster a cooperative spirit and prioritize teamwork among their employees, ensuring the highest standards of integrity in all undertakings. The primary goal is to bring Electric energy to rural areas, making the cooperative both a reliable power source and a valued community partner.


Official website here: www.jnec.com

Is Jasper Newton Electric Cooperative Inc legitimate?

Jasper Newton Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jasper Newton 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: $653,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,413,200

For more financial information, click here


Official website here: www.jnec.com

What is the mission statement of Jasper Newton Electric Cooperative Inc?

The Jasper Newton Electric Cooperative Inc is dedicated to delivering electric energy to rural communities at affordable costs, operating on a cooperative basis. Their mission prioritizes exceptional customer service, characterized by reliable electricity, reasonable rates, and strong employee collaboration. The cooperative is committed to upholding integrity in all its endeavors while providing essential electric energy to rural areas.


Official website here: www.jnec.com

Who is the CEO of Jasper Newton Electric Cooperative Inc?

Mark Tamplin is the General Manager of Jasper Newton Electric Cooperative Inc.


Official website here: www.jnec.com

What is the revenue of Jasper Newton Electric Cooperative Inc?

Jasper Newton Electric Cooperative Inc's revenue in 2022 was $65,226,638.


Official website here: www.jnec.com

Who are the executives of Jasper Newton Electric Cooperative Inc and what are their salaries?

The average compensation at Jasper Newton Electric Cooperative Inc during 2022 was $45,614. There are 133 employees at Jasper Newton Electric Cooperative Inc.

Here are 16 key members and their salaries:

    Mark Tamplin (General Manager)
  • Compensation: $222,800
  • Related: $0
  • Other: $139,047

    • Dennis Joey Davis (Asst. Manager Admin)
  • Compensation: $113,608
  • Related: $0
  • Other: $68,344

    • Kevin Alex Stark (Energy Auditor)
  • Compensation: $136,087
  • Related: $0
  • Other: $42,777

    • Aaron Crawford (Asst. Manager Of Operations)
  • Compensation: $117,743
  • Related: $0
  • Other: $58,619

    • Shelley Powell (Director Of Finance)
  • Compensation: $120,855
  • Related: $0
  • Other: $48,368

    • John Hardcastle (1St Class Lineman)
  • Compensation: $115,415
  • Related: $0
  • Other: $43,505

    • Brandon Wellman (Serviceman)
  • Compensation: $115,915
  • Related: $0
  • Other: $37,830

    • Dennis Muldrow (Director)
  • Compensation: $22,291
  • Related: $0
  • Other: $0

    • David Jones (Director)
  • Compensation: $20,801
  • Related: $0
  • Other: $0

    • Mack Rose (Vice President) [Trustee/Director]
  • Compensation: $15,601
  • Related: $0
  • Other: $0

    • Patrick Brown (Director)
  • Compensation: $14,001
  • Related: $0
  • Other: $0

    • Gary Satterwhite (Director)
  • Compensation: $12,001
  • Related: $0
  • Other: $0

    • James Smith (Director)
  • Compensation: $12,001
  • Related: $0
  • Other: $0

    • Henry Biscamp (President) [Trustee/Director]
  • Compensation: $10,001
  • Related: $0
  • Other: $0

    • Paul Simmons (Director)
  • Compensation: $9,601
  • Related: $0
  • Other: $0

    • Tracey Reagan Clotiaux (Secretary/Treasurer (Jan-Aug)) [Trustee/Director]
  • Compensation: $6,134
  • Related: $0
  • Other: $0


  • Official website here: www.jnec.com

    Where can I find the form 990 for Jasper Newton Electric Cooperative Inc?

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


    Official website here: www.jnec.com

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

    Mission Statement of Jasper Newton Electric Cooperative Inc

    Jasper Newton Electric Cooperative Inc, a dedicated organization, strives to deliver electric energy to rural communities at a cooperative cost. Its mission is twofold: ensuring top-notch customer service and providing affordable, reliable electricity to its members.

    The cooperative is committed to providing excellent customer service, evident in its reliable electric service and reasonable rates. Jasper Newton Electric Cooperative Inc prioritizes teamwork among its employees and maintains the highest level of integrity throughout its operations. The cooperative's ultimate goal is to make a difference in the lives of rural residents by providing them with essential electric energy at a cooperative cost.

    Jasper Newton Electric Cooperative Inc's mission goes beyond just providing electricity. It is an organization that values the needs of its customers and strives to meet them in the most effective way possible. By working together as a cooperative, the organization is able to keep costs low and ensure that electric energy is accessible to those who need it most. In doing so, Jasper Newton Electric Cooperative Inc plays a vital role in enriching the lives of rural communities.

    Impact

    This information is meant to be a general summary of Jasper Newton 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

    Jasper Newton Electric Cooperative Inc's impact lies in its crucial role in providing electric energy to rural areas at cost on a cooperative basis. By ensuring access to reliable electricity, the cooperative directly contributes to the economic development and quality of life of residents in these underserved regions. Additionally, their commitment to affordable rates, employee teamwork, and integrity sets a standard for excellence in customer service within the electric utility industry. Through their mission to serve rural communities, Jasper Newton Electric Cooperative Inc is making a tangible difference in bridging the energy gap and fostering sustainable growth in the areas they operate.





    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: $68,520
  • Program Service Revenue: $65,114,603
  • Gross Receipts: $65,312,997

    • Assets and Liabilities:
  • Total Assets: $155,982,953
  • Total Liabilities: $80,830,935
  • Net Assets: $75,152,018
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $61,659,281

    PATRONAGE DIVIDENDS

    Revenue

    $1,495,853

    TRANSMISSION LEASE

    Revenue

    $1,168,950

    SERVICE FEES

    Revenue

    $790,519

    Organization Details

    Founding Year

    1944

    Principal Officer

    Mark Tamplin

    Main Address

    812 SOUTH MARGARET AVE, KIRBYVILLE, TX, 75956

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Jasper Newton 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.