Skip to content
Nonprofiteer
← JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Form 990 for tax year 2025

Filed by JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION.

Totals

Total revenue
$81,414,349
Total expenses
$81,414,349
Contributions and grants received
$496,090
Grants paid
$31,800
Program service revenue
$77,983,143
Investment income
$599,122
Other revenue
$2,335,994
Total assets, end of year
$220,192,001
Total liabilities, end of year
$94,377,233
Net assets or fund balances, end of year
$125,814,768
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1e · Government grants (contributions)

    $496,090

  • 2a · Program service revenue: ELECTRIC REVENUE

    total $77,944,508 · related or exempt $77,944,508

  • 2b · Program service revenue: RESALE REVENUE

    total $38,635 · unrelated business $38,635

  • 3 · Investment income

    total $508,555 · related or exempt $508,555

  • 6a · Gross rents

    real property $1,500 · personal property $535,765

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $1,500 · personal property $535,765

  • 6d · Net rental income or loss

    total $537,265 · excluded $537,265

  • 7a · Gross sales of assets other than inventory

    other assets $90,567

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $90,567

  • 7d · Net gain or loss

    total $90,567 · related or exempt $90,567

  • 10a · Gross sales of inventory

    $5,163

  • 10b · Cost of goods sold

    $5,340

  • 10c · Net income from sales of inventory

    total -$177 · related or exempt -$177

  • 11a · Other revenue: PATRONAGE ALLOCATIONS

    total $1,798,906 · related or exempt $1,798,906

  • 11e · Other revenue, total

    $1,798,906

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $31,800

  • 4 · Benefits paid to or for members

    total $7,842,679

  • 5 · Compensation of officers, directors and key employees

    total $594,400

  • 7 · Other salaries and wages

    total $6,108,653

  • 9 · Other employee benefits

    total $248,611

  • 10 · Payroll taxes

    total $441,162

  • 20 · Interest

    total $1,892,022

  • 22 · Depreciation, depletion and amortization

    total $9,874,623

  • 24a · Other expenses: COST OF POWER

    total $44,916,783

  • 24b · Other expenses: DISTRIBUTIONS - MAINT

    total $4,149,908

  • 24c · Other expenses: DISTRIBUTION - OPERATIO

    total $2,260,355

  • 24d · Other expenses: CONSUMER ACCOUNTS

    total $1,749,125

  • 24e · All other expenses

    total $1,304,228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,002,753 · end of year $1,999,184

  • 2 · Savings and temporary cash investments

    beginning of year $9,857,512 · end of year $8,557,783

  • 4 · Accounts receivable

    beginning of year $6,720,684 · end of year $7,124,958

  • 8 · Inventories for sale or use

    beginning of year $3,593,014 · end of year $3,169,747

  • 9 · Prepaid expenses and deferred charges

    beginning of year $268,837 · end of year $267,222

  • 10a · Land, buildings and equipment: cost or other basis

    $237,496,997

  • 10b · Land, buildings and equipment: accumulated depreciation

    $65,979,722

  • 10c · Land, buildings and equipment, net

    beginning of year $168,138,135 · end of year $171,517,275

  • 13 · Investments: program-related

    beginning of year $26,714,670 · end of year $27,555,832

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,948,265 · end of year $10,102,063

  • 19 · Deferred revenue

    beginning of year $5,577,982 · end of year $5,624,600

  • 23 · Secured mortgages and notes payable

    beginning of year $73,565,395 · end of year $68,601,271

  • 25 · Other liabilities

    beginning of year $10,712,035 · end of year $10,049,299

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $620,310 · end of year $620,852

  • 31 · Retained earnings, endowment or other funds

    beginning of year $117,871,618 · end of year $125,193,916

Mission and programs · 2025

Mission

THE MISSION OF JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO DELIVER THE ADVANTAGES OF ELECTRICITY AND ESSENTIAL SERVICES TO ITS MEMBERS RELIABLY, ECONOMICALLY, AND RESPONSIBLY.

Activities or mission (Part I)

DISTRIBUTION OF ELECTRICITY, FIBER-OPTIC BROADBAND, AND VOIP TELEPHONE SERVICE ON A COOPERATIVE BASIS.

  • DISTRIBUTION OF ELECTRICITY, FIBER-OPTIC BROADBAND, AND VOIP TELEPHONE SERVICE TO APPROXIMATELY 20,400 MEMBERS ON A COOPERATIVE BASIS.

As filed on the 2025 return.

Listed in Part VII

  • Walter Hunter

    PRESIDENT

    Total calculated
    $22,462
    From this org
    $22,462
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.2

  • John Miller

    VICE PRESIDENT

    Total calculated
    $17,762
    From this org
    $17,762
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.8

  • Paul Elliott

    SECRETARY

    Total calculated
    $19,762
    From this org
    $19,762
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.2

  • Ryan Eleenor

    DIRECTOR

    Total calculated
    $19,162
    From this org
    $19,162
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.4

  • John Hackman

    DIRECTOR

    Total calculated
    $18,312
    From this org
    $18,312
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.7

  • David Hall

    DIRECTOR

    Total calculated
    $17,562
    From this org
    $17,562
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.7

  • John Trinkle

    DIRECTOR

    Total calculated
    $18,062
    From this org
    $18,062
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Mark Trisler

    DIRECTOR

    Total calculated
    $17,562
    From this org
    $17,562
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.3

  • Curtis Wischmeier

    DIRECTOR

    Total calculated
    $16,524
    From this org
    $16,524
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

  • Mark McKinney

    CEO

    Total calculated
    $427,230
    From this org
    $382,437
    From related orgs
    $0
    Other
    $44,793
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $382,437
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $44,793 related
    Filer's total
    $382,437 + $44,793 related

  • Brad Pritchett

    VP OF OPERATIONS & ENGINEE

    Total calculated
    $208,881
    From this org
    $185,430
    From related orgs
    $0
    Other
    $23,451
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,430
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $23,451 related
    Filer's total
    $185,430 + $23,451 related

  • Nancy Stidham

    VP OF COOPERATIVE SERVICES

    Total calculated
    $198,305
    From this org
    $174,957
    From related orgs
    $0
    Other
    $23,348
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $174,957
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $23,348 related
    Filer's total
    $174,957 + $23,348 related

  • Benjamin Conner

    VP OF INFORMATION TECHNOLO

    Total calculated
    $187,548
    From this org
    $166,526
    From related orgs
    $0
    Other
    $21,022
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $166,526
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,022 related
    Filer's total
    $166,526 + $21,022 related

  • Brian Covert

    LINE SUPERINTENDENT

    Total calculated
    $176,616
    From this org
    $154,464
    From related orgs
    $0
    Other
    $22,152
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $154,464
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,152 related
    Filer's total
    $154,464 + $22,152 related

  • Stacie Durham

    VP OF ACCOUNTING & FINANCE

    Total calculated
    $174,592
    From this org
    $152,559
    From related orgs
    $0
    Other
    $22,033
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $152,559
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,033 related
    Filer's total
    $152,559 + $22,033 related

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 · Independent compensation consultant
  • 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.

Provenance

Return type
form_990
Tax year
2025
Filed
20 July 2026
IRS schema version
2025v4.2
Source object
202612379349301201

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.