NonprofitsJackson Electric Cooperative Inc

Jackson Electric Cooperative Inc

EDNA, TX

Total revenue

$85.2M

Total expenses

$81.9M

Net assets

$68.9M

Grants received

EIN

740708876

Tax year

2022

Mission

To provide quality and reliable electric service to members of the cooperative.

Financials

FY 2022

Revenue

Contributions & grants
Program service revenue$77.6M
Investment income$285K
Other revenue$7.3M
Total revenue$85.2M

Expenses

Grants paid$14K
Salaries & benefits$7.6M
Fundraising
Other expenses$74.3M
Total expenses$81.9M
Total assets$172.1M
Net assets$68.9M

People

17 listed

NameRoleCompensation

JAMES E COLEMAN

GENERAL MANAGER

Board

$254K

55 hrs/wk

JAMES ROACH

DIRECTOR

Board

$11K

1 hrs/wk

DOUG TISE

DIRECTOR

Board

$11K

6.9 hrs/wk

TOM HUDGINS

DIRECTOR

Board

$11K

1.9 hrs/wk

MICHAEL JACOBS

SECRETARY/TREASURER

Board

$11K

3 hrs/wk

PATRICK STUART

DIRECTOR

Board

$11K

3.5 hrs/wk

WILLIAM HANSEN

VICE PRESIDENT

Board

$10K

1.5 hrs/wk

JAMES HOFFMEISTER

DIRECTOR

Board

$10K

3.5 hrs/wk

BRUCE ELLIOTT

DIRECTOR

Board

$10K

1.8 hrs/wk

LAVAL SIMONS

DIRECTOR

Board

$10K

2 hrs/wk

ANTHONY SMITH

DIRECTOR

Board

$10K

1.9 hrs/wk

LH CORNELIUS JR

PRESIDENT

Board

$9K

1.8 hrs/wk

MARTIN FLORES

FOREMAN

Staff

$127K

57 hrs/wk

RICHARD BOURLAND

OPERATIONS MANAGER

Staff

$117K

50 hrs/wk

EFRAIN MEZA

LINEMAN

Staff

$115K

40 hrs/wk

JOSE PALOMARES

FOREMAN

Staff

$114K

40 hrs/wk

JEREMY CERVENKA

FOREMAN

Staff

$114K

40 hrs/wk

Independent contractors

POWERLINE CONSTRUCTION INC

LINE CONSTRUCTION

$1.7M

NATIONAL RURAL TELECOMMUNICATIONS COOP

ENGINEERING SERVICES, METERING

$533K

QUANTA TELECOM SVC LLC

FIBER CONSTRUCTION

$393K

MERIDIAN COOPERATIVE INC

BILL PRINTING AND COMPUTER SUPPORT

$373K

MCGINNIS LOCHRIDGE

LEGAL

$316K

Details

EIN740708876
Subsection12
Ruling date1940-08
Formed1939
Employees105
Volunteers0
JACKSON ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo