Totals
- Total revenue
- $66,110,466
- Total expenses
- $65,931,967
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $65,472,930
- Investment income
- $234,484
- Other revenue
- $403,052
- Total assets, end of year
- $189,072,042
- Total liabilities, end of year
- $146,668,105
- Net assets or fund balances, end of year
- $42,403,937
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SALE OF ELECTRICITY, GAS, & BROADBAND
total $63,720,161 · related or exempt $63,720,161
-
2b · Program service revenue: CAPITAL CREDIT ALLOCATION
total $1,688,561 · related or exempt $1,688,561
-
2c · Program service revenue: POLE RENTAL INCOME
total $64,208 · excluded $64,208
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $20,240 · excluded $20,240
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
other assets $214,244
-
7c · Gain or loss
securities $0 · other assets $214,244
-
7d · Net gain or loss
total $214,244 · related or exempt $214,244
-
11a · Other revenue: ALL OTHER MISC REVENUE
total -$4,370 · related or exempt -$1,550 · unrelated business -$2,820
-
11b · Other revenue: PHONE SERVICE
total $209,758 · unrelated business $209,758
-
11c · Other revenue: MANAGED SERVICE PROVIDER
total $197,664 · unrelated business $197,664
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$403,052
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $2,591,699
-
5 · Compensation of officers, directors and key employees
total $1,727,704
-
7 · Other salaries and wages
total $7,662,144
-
8 · Pension plan contributions
total $2,337,920
-
9 · Other employee benefits
total $2,844,840
-
10 · Payroll taxes
total $771,893
-
11a · Fees: management
total $67,063
-
11b · Fees: legal
total $68,290
-
11c · Fees: accounting
total $85,951
-
11g · Fees: other
total $214,640
-
12 · Advertising and promotion
total $268,753
-
13 · Office expenses
total $320,155
-
16 · Occupancy
total $696,755
-
17 · Travel
total $129,013
-
19 · Conferences, conventions and meetings
total $200,772
-
20 · Interest
total $5,007,242
-
22 · Depreciation, depletion and amortization
total $5,330,918
-
23 · Insurance
total $398,301
-
24a · Other expenses: COST OF PURCHASED POWER
total $32,112,003
-
24b · Other expenses: 990-T EXPENSES
total $479,685
-
24c · Other expenses: OPERATIONS & MAINTENANCE
total $2,485,415
-
24d · Other expenses: CUSTOMER ACCOUNT EXPENSE
total $130,811
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,721,269 · end of year $4,135,078
-
4 · Accounts receivable
beginning of year $4,404,063 · end of year $4,090,091
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $2,293 · end of year $4,681
-
8 · Inventories for sale or use
beginning of year $5,950,173 · end of year $7,150,709
-
9 · Prepaid expenses and deferred charges
beginning of year $6,861,054 · end of year $7,168,959
-
10a · Land, buildings and equipment: cost or other basis
$218,359,001
-
10b · Land, buildings and equipment: accumulated depreciation
$71,163,083
-
10c · Land, buildings and equipment, net
beginning of year $129,906,739 · end of year $147,195,918
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $17,927,810 · end of year $19,326,606
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $7,454,716 · end of year $8,888,058
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $112,325,353 · end of year $130,088,554
-
25 · Other liabilities
beginning of year $6,427,085 · end of year $7,691,493
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $11,097,667 · end of year $11,425,781
-
31 · Retained earnings, endowment or other funds
beginning of year $29,468,580 · end of year $30,978,156
Mission and programs · 2023
Mission
JO-CARROLL ENERGY, INC. (NFP) EXISTS TO ENHANCE THE QUALITY OF LIFE TO OUR MEMEBERS. JO-CARROLL ENERGY, INC. (NFP) DISTRIBUTES ELECTRICITY, NATURAL GAS, AND BROADBAN/FIBER TO MEMBERS IN A DEFINED SERVICE AREA IN WESTERN ILLINOIS, AS WELL AS FIBER TO LOCATIONS IN IOWA AND WISCONSIN.
Activities or mission (Part I)
JO-CARROLL ENERGY, INC. (NFP) IS AN ELECTRIC, NATURAL GAS, AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE THAT EXISTS TO ENHANCE THE QUALITY OF LIFE FOR OUR MEMEBERS.
-
JO-CARROLL ENERGY, INC (NFP) IS AN ELECTRIC, NATURAL GAS AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE ORGANIZED UNDER THE LAW OF ILLINOIS. THE COOPERATIVE PROVIDES ELECTRIC SERVICE TO 19,636 METERS PER MONTH; NATURAL GAS TO 5,789 METERS PER MONTH; AND BROADBAND/ FIBER TO 5,664 SUBSCRIBERS PER MONTH.
As filed on the 2023 return.
Listed in Part VII
-
David SennDAVID SENN
CHAIRMAN
- Total calculated
- $22,590
- From this org
- $22,590
- From related orgs
- $0
- Other
- $0
- Hours/week
- 14
-
Marcia StangerMARCIA STANGER
SECRETARY
- Total calculated
- $6,715
- From this org
- $6,715
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Robert KuhnsROBERT KUHNS
TREASURER
- Total calculated
- $12,715
- From this org
- $12,715
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9
-
Russell HolesingerRUSSELL HOLESINGER
VICE CHAIRMAN
- Total calculated
- $13,900
- From this org
- $13,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Allen HendrenALLEN HENDREN
DIRECTOR
- Total calculated
- $6,350
- From this org
- $6,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Dan TindellDAN TINDELL
DIRECTOR
- Total calculated
- $14,295
- From this org
- $14,295
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Gerald MeyerGERALD MEYER
DIRECTOR
- Total calculated
- $12,870
- From this org
- $12,870
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Joseph MattingleyJOSEPH MATTINGLEY
DIRECTOR
- Total calculated
- $12,320
- From this org
- $12,320
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Larry CarrollLARRY CARROLL
DIRECTOR
- Total calculated
- $21,405
- From this org
- $21,405
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Patricia SmithPATRICIA SMITH
DIRECTOR
- Total calculated
- $14,295
- From this org
- $14,295
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Thomas LundyTHOMAS LUNDY
DIRECTOR
- Total calculated
- $11,925
- From this org
- $11,925
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
Charles WoodsCHARLES WOODS
VICE PRESIDENT & CFO
- Total calculated
- $314,536
- From this org
- $196,796
- From related orgs
- $0
- Other
- $117,740
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,059
- Bonus
- $13,000
- Other
- $1,737
- Deferred
- $113,456
- Nontaxable benefits
- $4,284
- Filer's total
- $314,536
-
Michael CasperMICHAEL CASPER
PRESIDENT & CEO
- Total calculated
- $565,064
- From this org
- $362,590
- From related orgs
- $0
- Other
- $202,474
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $320,091
- Bonus
- $40,443
- Other
- $2,056
- Deferred
- $195,560
- Nontaxable benefits
- $6,914
- Filer's total
- $565,064
-
Brad EdlerBRAD EDLER
DIRECTOR OF ENGINEERING
- Total calculated
- $267,268
- From this org
- $170,938
- From related orgs
- $0
- Other
- $96,330
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,532
- Bonus
- $9,000
- Other
- $1,406
- Deferred
- $89,254
- Nontaxable benefits
- $7,076
- Filer's total
- $267,268
-
Kyle BurosKYLE BUROS
SR. VP & COO
- Total calculated
- $336,260
- From this org
- $210,558
- From related orgs
- $0
- Other
- $125,702
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,279
- Bonus
- $13,000
- Other
- $1,279
- Deferred
- $118,402
- Nontaxable benefits
- $7,300
- Filer's total
- $336,260
-
Brandon SebenaBRANDON SEBENA
DIRECTOR OF UTILITY OPERATIONS
- Total calculated
- $197,767
- From this org
- $170,080
- From related orgs
- $0
- Other
- $27,687
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,924
- Bonus
- $9,000
- Other
- $1,156
- Deferred
- $21,461
- Nontaxable benefits
- $6,226
- Filer's total
- $197,767
-
Jennifer MeyerJENNIFER MEYER
VP OF MEMBER SERVICES
- Total calculated
- $229,867
- From this org
- $155,794
- From related orgs
- $0
- Other
- $74,073
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,764
- Bonus
- $13,000
- Other
- $1,030
- Deferred
- $69,259
- Nontaxable benefits
- $4,814
- Filer's total
- $229,867
-
Jesse ShekletonJESSE SHEKLETON
DIRECTOR OF BROADBAND OPERATIONS
- Total calculated
- $219,938
- From this org
- $140,554
- From related orgs
- $0
- Other
- $79,384
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,602
- Bonus
- $10,000
- Other
- $952
- Deferred
- $70,085
- Nontaxable benefits
- $9,299
- Filer's total
- $219,938
-
Meredith SeveyMEREDITH SEVEY
VP OF HUMAN RESOURCES
- Total calculated
- $243,757
- From this org
- $158,646
- From related orgs
- $0
- Other
- $85,111
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,597
- Bonus
- $13,000
- Other
- $1,049
- Deferred
- $80,297
- Nontaxable benefits
- $4,814
- Filer's total
- $243,757
-
Steve LudwigSTEVE LUDWIG
LINE FOREMAN
- Total calculated
- $252,934
- From this org
- $161,749
- From related orgs
- $0
- Other
- $91,185
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,643
- Bonus
- $2,250
- Other
- $856
- Deferred
- $84,914
- Nontaxable benefits
- $6,271
- Filer's total
- $252,934
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
COOPERATIVE COMMUNITY SOLAR LLC
C Corporation · HOLDING COMPANY · IL · 100% owned · share of income -$645 · share of assets $164,576 · controlled entity
Directly controlled by JO-CARROLL ENER
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423179349306312
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