NonprofitsJackson Purchase Energy Corporation

Jackson Purchase Energy Corporation

PADUCAH, KY

Total revenue

$98.1M

Total expenses

$98.1M

Net assets

$54.1M

Grants received

EIN

610236522

Tax year

2024

Mission

Distribution sales of electricity to approximately 30,708 member owners on a patronage basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$96.5M
Investment income$294K
Other revenue$1.2M
Total revenue$98.1M

Expenses

Grants paid$8K
Salaries & benefits$10.5M
Fundraising
Other expenses$85.3M
Total expenses$98.1M
Total assets$165.5M
Net assets$54.1M

People

16 listed

NameRoleCompensation

GREG GRISSOM

PRESIDENT & CEO

Board

$362K

50 hrs/wk

MEREDITH KENDALL

VP, ACCOUNTING & FINANCE

Board

$152K

50 hrs/wk

ERICK HARRIS

CHAIRMAN

Board

$10K

7.5 hrs/wk

LEE BEARDEN

DIRECTOR

Board

$10K

7.5 hrs/wk

DAVID BROWN

DIRECTOR

Board

$10K

7.5 hrs/wk

TERRY TEITLOFF

DIRECTOR

Board

$8K

7.5 hrs/wk

JOSHUA BARNES

DIRECTOR

Board

$8K

7.5 hrs/wk

JACK MARSHALL

VICE CHAIRMAN

Board

$8K

7.5 hrs/wk

WAYNE ELLIOTT

SECRETARY/TREASURER

Board

$8K

7.5 hrs/wk

KEVIN BELL

DIRECTOR

Board

$8K

7.5 hrs/wk

WARD MORGAN

VP OF OPERATIONS & TECHNICAL SERVICES

Staff

$173K

50 hrs/wk

MICHAEL WASHAM

CREW LEADER

Staff

$161K

54 hrs/wk

JAMES TODD

CREW LEADER

Staff

$158K

53 hrs/wk

TERRY DOUBLIN

CREW LEADER

Staff

$156K

53 hrs/wk

KENNY HARPER

CREW LEADER

Staff

$155K

53 hrs/wk

TYLER RICHARDSON

LINE TECHNICIAN

Staff

$154K

59 hrs/wk

Independent contractors

TOWNSEND TREE SERVICE

ROW CLEARING

$3.1M

GROVES CONSTRUCTION

CONSTRUCTION

$1.7M

QUALITY RESOURCES LLC

METER INSPECTIONS

$553K

ASPLUNDH TREE EXPERT

TREE TRIMMING

$236K

5 STAR ELECTRIC

CONSTRUCTION

$210K

Details

EIN610236522
Subsection12
Ruling date1939-12
Formed1937
Employees79
Volunteers0
JACKSON PURCHASE ENERGY CORPORATION — Mission, Financials & Grants Received | Grantivo