Civic Intelligence

Jackson Electric Cooperative

990 • Fiscal year 2015 • EIN 39-0370662

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 20, 2016

Organization ProfileWWW.JACKELEC.COM
N6868 County Road F PO Box 546Black River Falls, WI 54615

(715) 284-5385

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.62x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

1.20x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Net Margin

47th percentile

1.5%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

63rd percentile

$196,456

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Asset Growth

53rd percentile

2.5%

Faster asset growth than 53% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

21st percentile

-5.4%

Faster revenue growth than 21% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$37,821,089

Up $934,337 (+2.5%) from 2014

Net Assets

Up

$14,261,686

Up $541,075 (+3.9%) from 2014

Liabilities

Up

$23,559,403

Up $393,262 (+1.7%) from 2014

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin47th percentile

Revenue

Down

$19,677,804

Down $1,132,079 (-5.4%) from 2014

Expenses

Down

$19,391,435

Down $1,418,448 (-6.8%) from 2014

Net Income

Up

$286,369

Up $286,369 from 2014

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $35,205,998Liabilities 2011: $23,818,357Net Assets 2011: $11,387,6412011Assets 2012: $36,670,304Liabilities 2012: $24,349,074Net Assets 2012: $12,321,2302012Assets 2013: $38,702,785Liabilities 2013: $25,575,776Net Assets 2013: $13,127,0092013Assets 2014: $36,886,752Liabilities 2014: $23,166,141Net Assets 2014: $13,720,6112014Assets 2015: $37,821,089Liabilities 2015: $23,559,403Net Assets 2015: $14,261,6862015Assets 2016: $38,344,373Liabilities 2016: $23,215,217Net Assets 2016: $15,129,1562016Assets 2017: $38,395,715Liabilities 2017: $21,270,302Net Assets 2017: $17,125,4132017Assets 2018: $39,601,386Liabilities 2018: $22,008,450Net Assets 2018: $17,592,9362018Assets 2019: $38,947,573Liabilities 2019: $21,144,447Net Assets 2019: $17,803,1262019Assets 2020: $44,760,294Liabilities 2020: $25,929,255Net Assets 2020: $18,831,0392020Assets 2021: $49,440,004Liabilities 2021: $28,544,761Net Assets 2021: $20,895,2432021Assets 2022: $50,894,200Liabilities 2022: $28,025,352Net Assets 2022: $22,868,8482022Assets 2023: $52,517,629Liabilities 2023: $27,221,989Net Assets 2023: $25,295,6402023Assets 2024: $53,340,578Liabilities 2024: $26,190,943Net Assets 2024: $27,149,6352024

Highlighted filing

2015

Assets$37,821,089
Liabilities$23,559,403
Net Assets$14,261,686
Open 2015 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Revenue 2011: $5,752,685Expenses 2011: $5,752,685Net Income 2011: $02011Revenue 2012: $6,973,299Expenses 2012: $6,973,299Net Income 2012: $02012Revenue 2013: $7,198,832Expenses 2013: $7,198,832Net Income 2013: $02013Revenue 2014: $20,809,883Expenses 2014: $20,809,883Net Income 2014: $02014Revenue 2015: $19,677,804Expenses 2015: $19,391,435Net Income 2015: $286,3692015Revenue 2016: $19,955,455Expenses 2016: $19,803,639Net Income 2016: $151,8162016Revenue 2017: $22,701,114Expenses 2017: $20,917,994Net Income 2017: $1,783,1202017Revenue 2018: $22,214,455Expenses 2018: $22,074,548Net Income 2018: $139,9072018Revenue 2019: $22,701,248Expenses 2019: $22,554,924Net Income 2019: $146,3242019Revenue 2020: $20,822,390Expenses 2020: $20,754,677Net Income 2020: $67,7132020Revenue 2021: $22,584,888Expenses 2021: $21,889,414Net Income 2021: $695,4742021Revenue 2022: $25,112,932Expenses 2022: $22,746,892Net Income 2022: $2,366,0402022Revenue 2023: $25,220,038Expenses 2023: $22,375,082Net Income 2023: $2,844,9562023Revenue 2024: $24,246,791Expenses 2024: $24,246,791Net Income 2024: $02024

Highlighted filing

2015

Revenue$19,677,804
Expenses$19,391,435
Net Income$286,369
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 20, 2016
Return Version
2015v2.1
Gross Receipts
$19,724,732
Mission and Program Overview

Mission

Distribution of electricity to rural parts of jackson county and parts of 5 other counties in west-central wisconsin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,255,851$24,394,189▲ $138,338
Pd in Cap Srpls Land Bldg Eqp Fund$13,701,761$14,241,147▲ $539,386
Investments Program Related$7,954,182$8,481,094▲ $526,912
Savings and Temporary Cash Investments$1,541,334$2,174,868▲ $633,534
Accounts Receivable$1,666,245$1,490,580▼ $175,665
Inventories for Sale or Use$446,020$426,104▼ $19,916
Cash and Non-Interest-Bearing Accounts$127,897$69,920▼ $57,977
Rtn Earn Endowment Incm Other Fnds$18,072$20,539▲ $2,467
Cap Stk Tr Prin Current Funds$778--
Total Assets$36,886,752$37,821,089▲ $934,337
Other Assets Total$895,223$784,334▼ $110,889
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,682,586$20,676,116▼ $6,470
Other Liabilities$1,153,483$1,529,501▲ $376,018
Accounts Payable and Accrued Expenses$1,330,072$1,353,786▲ $23,714
Total Liabilities$23,166,141$23,559,403▲ $393,262
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,720,611$14,261,686▲ $541,075
Total Liabilities and Net Assets / Fund Balance$36,886,752$37,821,089▲ $934,337

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,275,609$15,867,213$40,142,822
Land$118,580-$118,580
Investment Program Related Org$239,447--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin BabcockCEOFT$140,725$55,731$196,456
Jeffrie CookFinance MgrFT$78,132$7,892$86,024
Gary WoodsBoard PresidPT$13,045-$13,045
Jerry HuberVice PresidePT$12,615-$12,615
Daniel SmrekarDirectorPT$11,673-$11,673
Stanley GranDirector-$10,455-$10,455
Jerome WagnerDirector-$9,984-$9,984
Christopher CurranDirector-$9,328-$9,328
David PeasleySecretary/tr-$8,343-$8,343
Brian HuberDirector-$8,082-$8,082
Junior JacobsonDirector-$7,246-$7,246

Highest Paid Contractors

ContractorServicesLocationCompensation
Rural Electric Supply CooperativePlant MaterialsPO BOX 684141, Chicago, IL 60695$669,066
New Age Tree ServicesBrushingPO BOX 543, Spring Grove, MN 55974-0543$609,073
Stuart C Irby CoPlant MaterialsPO BOX 741001, Atlanta, GA 30384$390,292
NrecaInsurancePO BOX 798185, St Louis, MO 63179$314,651
Push INCUnderground ConPO BOX 72, Rice Lake, WI 54868-0072$262,406
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,391,435
Investment Income
$93,700
Other Revenue
$192,669
Change in Net Assets
$286,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,399,336
Salaries, Compensation, and Employee Benefits$335,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,299,740
All Other Expenses---$928,262
Other Expenses---$830,153
Interest---$827,925
Benefits to Members---$656,314
Current Officers, Directors, Trustees, and Key Employees---$335,785
Total Functional Expenses$0$0$0$19,391,435
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David PeasleyFed Coop BoardSee BelowNo$47,040
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current and Accrued Liabilites$988,808
Deferred Credits$392,470
Consumer Deposits$148,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Jec is a member-owned electric distribution cooperative.”

Form 990, Page 6, Part VI, Line 7A

“The members of each of nine (9) districts elects the board of directors every third (3rd) year at an annual district meeting.”

Form 990, Page 6, Part VI, Line 7B

“The by-laws of jec define which transaction need a vote by the entire membership of jec. The main transactions would be a sale or dissolution of jec and approval of action items at the annual meeting of the members.”

Form 990, Page 6, Part VI, Line 11B

“After the form 990 is completed the return is distributed to the board of directors at a regular board meeting. The form 990 is reviewed section by section by the board. The board president then signs the completed form.”

Form 990, Page 6, Part VI, Line 12C

“All board policies are reviewed on a two (2) year cycle by the board of directors.”

Form 990, Page 6, Part VI, Line 15A

“The board reviews the national compensation survey (published by nreca). The document provides a starting place to determine salary. The board also reviews performance of the individual and determines if the individual is providing the necessary leadership to steer the cooperative in a direction to achieve the goals as established by the board.”

Form 990, Page 6, Part VI, Line 15B

“SEE ABOVE NOTE.”

Form 990, Page 6, Part VI, Line 19

“The documents referred to in the question are always available to jec members upon verbal or written request either to the general manager or other staff.”

Filing and Contact Details

Filer

Filer Name
Jackson Electric Cooperative
EIN
39-0370662
Phone
7152845385
Address
N6868 COUNTY ROAD F PO BOX 546, BLACK RIVER FALLS, WI 54615

Signing Officer

Name
Gary Woods
Title
Board President
Phone
7152845385
Signed
2016-04-20

Organization Details

Principal Officer
Kevin Babcock
Formed
1937
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
26

Preparer

Firm
Bauman Associates Ltd
Address
PO BOX 1225, EAU CLAIRE, WI 54702-1225
Preparer
Nathan Kalepp CPA
Phone
7158342001
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“2015 margins allocated to members 656,314 capital credits retired -401,608 total 254,706”

Raw XML AppendixShowing 400 of 428 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01330072
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01353786
IRS990/AccountsReceivableGrp/BOYAmt01666245
IRS990/AccountsReceivableGrp/EOYAmt01490580
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0DISTRIBUTION OF ELECTRICITY TO RURAL PARTS OF JACKSON COUNTY AND PARTS OF 5 OTHER COUNTIES IN WEST-CENTRAL WISCONSIN.
IRS990/AllOtherExpensesGrp/TotalAmt0928262
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt0656314
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07152845385
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0N6868 COUNTY RD F
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLACK RIVER FALLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd054615
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0778
IRS990/CashNonInterestBearingGrp/BOYAmt0127897
IRS990/CashNonInterestBearingGrp/EOYAmt069920
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0335785
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0669066
IRS990/ContractorCompensationGrp/CompensationAmt1609073
IRS990/ContractorCompensationGrp/CompensationAmt2390292
IRS990/ContractorCompensationGrp/CompensationAmt3314651
IRS990/ContractorCompensationGrp/CompensationAmt4262406
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 684141
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 543
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 741001
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 798185
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 72
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1SPRING GROVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3ST LOUIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4RICE LAKE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060695
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1559740543
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd230384
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd363179
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd4548680072
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0RURAL ELECTRIC SUPPLY COOPERATIVE
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1NEW AGE TREE SERVICES
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2STUART C IRBY CO
IRS990/ContractorCompensationGrp/ContractorName/PersonNm3NRECA
IRS990/ContractorCompensationGrp/ContractorName/PersonNm4PUSH INC
IRS990/ContractorCompensationGrp/ServicesDesc0PLANT MATERIALS
IRS990/ContractorCompensationGrp/ServicesDesc1BRUSHING
IRS990/ContractorCompensationGrp/ServicesDesc2PLANT MATERIALS
IRS990/ContractorCompensationGrp/ServicesDesc3INSURANCE
IRS990/ContractorCompensationGrp/ServicesDesc4UNDERGROUND CON
IRS990/CostOfGoodsSoldAmt036378
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0656314
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt093700
IRS990/CYOtherExpensesAmt018399336
IRS990/CYOtherRevenueAmt0192669
IRS990/CYProgramServiceRevenueAmt019391435
IRS990/CYRevenuesLessExpensesAmt0286369
IRS990/CYSalariesCompEmpBnftPaidAmt0335785
IRS990/CYTotalExpensesAmt019391435
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019677804
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01299740
IRS990/Desc0DISTRIBUTION OF ELECTRICITY TO RURAL RESIDENTS OF 6 COUNTIES IN WEST- CENTRAL WISCONSIN.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt026
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt945.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1045.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt955731
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt107892
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm1JERRY HUBER
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL SMREKAR
IRS990/Form990PartVIISectionAGrp/PersonNm3STANLEY GRAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JEROME WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTOPHER CURRAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID PEASLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN HUBER
IRS990/Form990PartVIISectionAGrp/PersonNm8JUNIOR JACOBSON
IRS990/Form990PartVIISectionAGrp/PersonNm9KEVIN BABCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm10JEFFRIE COOK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt013045
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt112615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt211673
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310455
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt49984
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt59328
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt68343
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt78082
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87246
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9140725
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1078132
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10FINANCE MGR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-3025
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt07525
IRS990/GrossReceiptsAmt019724732
IRS990/GrossSalesOfInventoryAmt048414
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt0827925
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0446020
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0426104
IRS990/InvestmentIncomeGrp/ExclusionAmt096725
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt096725
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt07954182
IRS990/InvestmentsProgramRelatedGrp/EOYAmt08481094
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015867213
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024255851
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024394189
IRS990/LandBldgEquipCostOrOtherBssAmt040261402
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010550
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt018728617
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DISTRIBUTION OF ELECTRICITY TO RURAL PARTS OF JACKSON COUNTY AND PARTS OF 5 OTHER COUNTIES IN WEST-CENTRAL WISCONSIN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020682586
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020676116
IRS990/NetAssetsOrFundBalancesBOYAmt013720611
IRS990/NetAssetsOrFundBalancesEOYAmt014261686
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-3025
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3025
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt012036
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt012036
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0895223
IRS990/OtherAssetsTotalGrp/EOYAmt0784334
IRS990/OtherChangesInNetAssetsAmt0254706
IRS990/OtherExpensesGrp/Desc0COST OF PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE AND GENERA
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION - MAINTENANC
IRS990/OtherExpensesGrp/Desc3DISTRIBUTION - OPERATIONS
IRS990/OtherExpensesGrp/TotalAmt012497476
IRS990/OtherExpensesGrp/TotalAmt11030158
IRS990/OtherExpensesGrp/TotalAmt2985622
IRS990/OtherExpensesGrp/TotalAmt3830153
IRS990/OtherLiabilitiesGrp/BOYAmt01153483
IRS990/OtherLiabilitiesGrp/EOYAmt01529501
IRS990/OtherRevenueMiscGrp/Desc0MISC NON OPERATING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0180633
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0180633
IRS990/OtherRevenueTotalAmt0180633
IRS990/OtherSourcesGrossIncomeAmt0988589
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt013701761
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt014241147
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEVIN BABCOCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CREDIT ALLOCATIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0662818
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018728617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018728617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1662818
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt01457331
IRS990/PYInvestmentIncomeAmt0179446
IRS990/PYOtherExpensesAmt018785600
IRS990/PYOtherRevenueAmt010875
IRS990/PYProgramServiceRevenueAmt020619562
IRS990/PYSalariesCompEmpBnftPaidAmt0566952
IRS990/PYTotalExpensesAmt020809883
IRS990/PYTotalRevenueAmt020809883
IRS990/ReconcilationRevenueExpnssAmt0286369
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt018072
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020539
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01541334
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02174868
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt07370658
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1474099
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2396890
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3239447
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVEST. IN ASSOC ORG - PATRONAGE CAP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVEST IN ECONOMIC DEV. PROJECTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVEST IN ASSOC ORG - NONGENERAL FUN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt0118580
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0118580
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024275609
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015867213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040142822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0988808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1392470
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2148223
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT AND ACCRUED LIABILITES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSUMER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024394189
IRS990ScheduleD/TotalBookValueProgramRltdAmt08481094
IRS990ScheduleD/TotalLiabilityAmt01529501
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140725
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt043771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN BABCOCK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196456
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVID PEASLEY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FED COOP BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt047040
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PART IV, LINE 1(D) - DESCRIPTION OF TRANSACTION PURCHASE OF FUEL & SUPPLY
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JEC IS A MEMBER-OWNED ELECTRIC DISTRIBUTION COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF EACH OF NINE (9) DISTRICTS ELECTS THE BOARD OF DIRECTORS EVERY THIRD (3RD) YEAR AT AN ANNUAL DISTRICT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BY-LAWS OF JEC DEFINE WHICH TRANSACTION NEED A VOTE BY THE ENTIRE MEMBERSHIP OF JEC. THE MAIN TRANSACTIONS WOULD BE A SALE OR DISSOLUTION OF JEC AND APPROVAL OF ACTION ITEMS AT THE ANNUAL MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE FORM 990 IS COMPLETED THE RETURN IS DISTRIBUTED TO THE BOARD OF DIRECTORS AT A REGULAR BOARD MEETING. THE FORM 990 IS REVIEWED SECTION BY SECTION BY THE BOARD. THE BOARD PRESIDENT THEN SIGNS THE COMPLETED FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD POLICIES ARE REVIEWED ON A TWO (2) YEAR CYCLE BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE NATIONAL COMPENSATION SURVEY (PUBLISHED BY NRECA). THE DOCUMENT PROVIDES A STARTING PLACE TO DETERMINE SALARY. THE BOARD ALSO REVIEWS PERFORMANCE OF THE INDIVIDUAL AND DETERMINES IF THE INDIVIDUAL IS PROVIDING THE NECESSARY LEADERSHIP TO STEER THE COOPERATIVE IN A DIRECTION TO ACHIEVE THE GOALS AS ESTABLISHED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE ABOVE NOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DOCUMENTS REFERRED TO IN THE QUESTION ARE ALWAYS AVAILABLE TO JEC MEMBERS UPON VERBAL OR WRITTEN REQUEST EITHER TO THE GENERAL MANAGER OR OTHER STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt82015 MARGINS ALLOCATED TO MEMBERS 656,314 CAPITAL CREDITS RETIRED -401,608 TOTAL 254,706
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt036886752
IRS990/TotalAssetsEOYAmt037821089
IRS990/TotalAssetsGrp/BOYAmt036886752
IRS990/TotalAssetsGrp/EOYAmt037821089
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt019391435
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023166141
IRS990/TotalLiabilitiesEOYAmt023559403
IRS990/TotalLiabilitiesGrp/BOYAmt023166141
IRS990/TotalLiabilitiesGrp/EOYAmt023559403
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013720611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014261686
IRS990/TotalOtherCompensationAmt063623
IRS990/TotalProgramServiceRevenueAmt019391435
IRS990/TotalReportableCompFromOrgAmt0309628
IRS990/TotalRevenueGrp/ExclusionAmt0759543
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018918261
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019677804
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036886752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037821089
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0N6868 COUNTY ROAD F PO BOX 546
IRS990/USAddress/CityNm0BLACK RIVER FALLS
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054615
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.JACKELEC.COM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,821,089
Liabilities
$23,559,403
Net assets
$14,261,686
Revenue
$19,677,804
Expenses
$19,391,435
Net income
$286,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.3$26.2$27.1$24.2$24.2$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.5$27.2$25.3$25.2$22.4$2.84
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.9$28.0$22.9$25.1$22.7$2.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.4$28.5$20.9$22.6$21.9$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.8$25.9$18.8$20.8$20.8$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.9$21.1$17.8$22.7$22.6$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.6$22.0$17.6$22.2$22.1$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.4$21.3$17.1$22.7$20.9$1.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.3$23.2$15.1$20.0$19.8$0.15
2015Detailed filing. Detailed filing data is available for this year.$37.8$23.6$14.3$19.7$19.4$0.29
2014Detailed filing. Detailed filing data is available for this year.$36.9$23.2$13.7$20.8$20.8$0.00
2013Summary only. Only limited summary data is available for this year.$38.7$25.6$13.1$7.20$7.20$0.00
2012Summary only. Only limited summary data is available for this year.$36.7$24.3$12.3$6.97$6.97$0.00
2011Summary only. Only limited summary data is available for this year.$35.2$23.8$11.4$5.75$5.75$0.00