Nonprofits›Jackson Electric Membership Corporation Veba Tr
Mutual & Membership Benefit
Jackson Electric Membership Corporation Veba Tr
JEFFERSON, GA
Total revenue
$13.7M
Total expenses
$5.6M
Net assets
$112.7M
Grants received
—
EIN
586425119
Tax year
2024
Mission
Provide certain retiree health benefits for those employees of jackson electric membership corporation (jackson emc)covered by the trust. Veba revenues consist of contributions from jackson emc (a tax-exempt organization) and investment earnings from its assets. All revenues are to be used for providing health insurance for retirees.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$4.9M
Investment income$6.7M
Other revenue$2.0M
Total revenue$13.7M
Expenses
Grants paid—
Salaries & benefits$97K
Fundraising—
Other expenses—
Total expenses$5.6M
Total assets$118.3M
Net assets$112.7M
People
1 listed
NameRoleCompensation
TRUIST
TRUSTEE
Board
—
5 hrs/wk
Details
EIN586425119
NTEE codeY430
Subsection09
Ruling date2001-04
Formed2000
Employees0