Civic Intelligence

Jackson Electric Membership Corporation

990 • Fiscal year 2020 • EIN 58-0301471

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 27, 2021

Organization ProfileWWW.JACKSONEMC.COM

View Organization Page

PO Box 38Jefferson, GA 30549-0038

(706) 367-5281

Siviq Scores

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

Liabilities / Assets

61st percentile

0.54x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • $1B+ nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

1.03x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • $1B+ nonprofits • Source year 2020

Net Margin

20th percentile

0.0%

Higher net margin than 20% of similar nonprofits.

2020 filings • $1B+ nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$824,174

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2020 filings • $1B+ nonprofits • Source year 2020

Asset Growth

25th percentile

4.5%

Faster asset growth than 25% of similar nonprofits.

2020 filings • $1B+ nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

0.4%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • $1B+ nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$1,180,710,221

Up $51,064,587 (+4.5%) from 2019

Net Assets

Up

$544,485,013

Up $24,558,539 (+4.7%) from 2019

Liabilities

Up

$636,225,208

Up $26,506,048 (+4.3%) from 2019

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin20th percentile

Revenue

Up

$614,807,083

Up $2,194,993 (+0.4%) from 2019

Expenses

Up

$614,807,083

Up $2,194,993 (+0.4%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$1.5B$1.0B$500M$0Assets 2010: $790,117,279Liabilities 2010: $498,076,699Net Assets 2010: $292,040,5802010Assets 2011: $832,806,637Liabilities 2011: $518,145,441Net Assets 2011: $314,661,1962011Assets 2012: $830,200,360Liabilities 2012: $499,734,570Net Assets 2012: $330,465,7902012Assets 2013: $872,514,175Liabilities 2013: $527,087,720Net Assets 2013: $345,426,4552013Assets 2014: $894,395,376Liabilities 2014: $529,905,530Net Assets 2014: $364,489,8462014Assets 2015: $956,630,878Liabilities 2015: $570,617,692Net Assets 2015: $386,013,1862015Assets 2016: $991,239,852Liabilities 2016: $576,134,342Net Assets 2016: $415,105,5102016Assets 2017: $1,032,413,919Liabilities 2017: $587,217,247Net Assets 2017: $445,196,6722017Assets 2018: $1,090,188,002Liabilities 2018: $620,524,867Net Assets 2018: $469,663,1352018Assets 2019: $1,129,645,634Liabilities 2019: $609,719,160Net Assets 2019: $519,926,4742019Assets 2020: $1,180,710,221Liabilities 2020: $636,225,208Net Assets 2020: $544,485,0132020Assets 2021: $1,224,303,203Liabilities 2021: $662,144,892Net Assets 2021: $562,158,3112021Assets 2022: $1,306,228,327Liabilities 2022: $720,377,713Net Assets 2022: $585,850,6142022Assets 2023: $1,372,521,376Liabilities 2023: $751,838,743Net Assets 2023: $620,682,6332023Assets 2024: $1,478,512,220Liabilities 2024: $821,915,776Net Assets 2024: $656,596,4442024

Highlighted filing

2020

Assets$1,180,710,221
Liabilities$636,225,208
Net Assets$544,485,013
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$800M$600M$400M$200M$0Expenses 2010: $443,251,4122010Expenses 2011: $467,007,5502011Expenses 2012: $465,036,3372012Revenue 2013: $472,013,311Expenses 2013: $472,013,311Net Income 2013: $02013Revenue 2014: $527,699,577Expenses 2014: $527,699,577Net Income 2014: $02014Revenue 2015: $541,487,777Expenses 2015: $541,487,777Net Income 2015: $02015Revenue 2016: $550,492,161Expenses 2016: $550,492,161Net Income 2016: $02016Revenue 2017: $548,251,493Expenses 2017: $548,251,493Net Income 2017: $02017Revenue 2018: $588,198,351Expenses 2018: $588,198,351Net Income 2018: $02018Revenue 2019: $612,612,090Expenses 2019: $612,612,090Net Income 2019: $02019Revenue 2020: $614,807,083Expenses 2020: $614,807,083Net Income 2020: $02020Revenue 2021: $616,720,445Expenses 2021: $616,720,445Net Income 2021: $02021Revenue 2022: $690,430,146Expenses 2022: $690,430,146Net Income 2022: $02022Revenue 2023: $643,216,865Expenses 2023: $643,216,865Net Income 2023: $02023Revenue 2024: $685,551,827Expenses 2024: $685,551,827Net Income 2024: $02024

Highlighted filing

2020

Revenue$614,807,083
Expenses$614,807,083
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 27, 2021
Return Version
2020v4.0
Gross Receipts
$614,807,083
Mission and Program Overview

Mission

To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$764,800,331$786,709,685▲ $21,909,354
Rtn Earn Endowment Incm Other Fnds$516,235,089$540,681,423▲ $24,446,334
Investments Program Related$196,391,627$209,493,424▲ $13,101,797
Savings and Temporary Cash Investments$81,983,265$86,500,000▲ $4,516,735
Accounts Receivable$62,485,360$69,970,721▲ $7,485,361
Inventories for Sale or Use$15,238,447$14,234,541▼ $1,003,906
Cash and Non-Interest-Bearing Accounts$5,709,193$9,830,653▲ $4,121,460
Cap Stk Tr Prin Current Funds$3,691,385$3,803,590▲ $112,205
Prepaid Expenses and Deferred Charges$2,979,285$1,330,805▼ $1,648,480
Total Assets$1,129,645,634$1,180,710,221▲ $51,064,587
Other Assets Total$58,126$2,640,392▲ $2,582,266
Liabilities
Mortgage Notes Payable Secured by Investment Property$455,664,915$482,948,067▲ $27,283,152
Other Liabilities$93,128,143$91,792,340▼ $1,335,803
Accounts Payable and Accrued Expenses$60,926,102$61,484,801▲ $558,699
Total Liabilities$609,719,160$636,225,208▲ $26,506,048
Net Assets / Fund Balance
Total Net Assets Fund Balance$519,926,474$544,485,013▲ $24,558,539
Total Liabilities and Net Assets / Fund Balance$1,129,645,634$1,180,710,221▲ $51,064,587

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$780,557,553$376,100,834$1,156,658,387
Land$6,152,132-$6,152,132
Investment Program Related Org$959--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ernest a Chip Jakins IiiPresident &FT$641,215$182,959$824,174
Ernest a Chip Jakins IiiPresident & CEO-$625,610$198,564$824,174
Greg S KeithCFOFT$415,800$165,084$580,884
Roy a StoweCOOFT$415,800$136,931$552,731
Preston L ChapmanVP-mkt Ms/goFT$324,634$134,020$458,654
Preston L ChapmanVP-mkt Ms/govt Affrs-$292,570$166,084$458,654
Joseph L DoroughVP-engineeriFT$325,292$125,380$450,672
Joseph L DoroughVP-engineering/oper-$310,572$140,100$450,672
Amy W RouseVP-finance /FT$297,454$105,025$402,479
Amy W RouseVP-finance / Acctg-$285,660$116,819$402,479
Lynn PriceSecretary/tr-$41,210-$41,210
Rodney ChandlerVice Chairma-$35,585-$35,585
Otis JonesChairmanPT$33,834-$33,834
Bill E CarpenterDirector-$21,065-$21,065
Charles B SteeleDirector-$20,783-$20,783
John MitchellDirector-$13,675-$13,675
Steve BlairDirector-$12,500-$12,500
Shade StoreyDirector-$11,175-$11,175
Alton ThorntonDirector-$9,500-$9,500

Highest Paid Contractors

ContractorServicesLocationCompensation
Pike Electric LLCLine Const.PO BOX 746308, Atlanta, GA 30374-6308$9,422,154
TownsendRight-of-wayPO BOX 7015, Muncie, IN 47308$6,107,764
Exelon CorporationEnergy Services8TH FLOOR, Baltimore, MD 21231$4,757,727
Southern Utility PartnersUtility Service1480 JEFFERSON AVE, Bogart, GA 30622$528,605
Taylor Tree ServiceRight-of-way2224 RIVERBEND RD, Demorest, GA 30535$374,377
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$609,997,807
Investment Income
$2,953,375
Other Revenue
$1,855,901
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$577,784,777
Salaries, Compensation, and Employee Benefits$1,023,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$37,589,426
Benefits to Members---$35,998,806
All Other Expenses---$27,704,231
Interest---$16,839,322
Other Expenses---$16,669,893
Office Expenses---$1,641,093
Current Officers, Directors, Trustees, and Key Employees---$1,023,500
Total Functional Expenses$0$0$0$614,807,083
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Acc. Prov. for Postretirement$62,888,100
Deferred Credits$15,995,465
Consumer Deposits$12,908,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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

“The organization has members as provided for in its bylaws which are included as part of this return.”

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

“The cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return.”

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

“Certain decisions of the governing body are subject to approval by members as provided for in its bylaws which are included as a part of this return.”

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

“Form 990 is reviewed by the board as provided for in the cooperative's policy which is included as a part of this return.”

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

“The cooperative regularly and consistently monitors and enforces compliance with their conflict of interest policy as provided for in its policy which is included as a part of this return.”

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

“Compensation for the ceo is reviewed by the board as provided for in the cooperative's policy which is included as a part of this return.”

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

“Compensation for key employees is reviewed by the board as provided for in the cooperative's policy which is included as a part of this return.”

Form 990, Page 6, Part VI, Line 19

“The cooperative makes its bylaws, conflict of interest policy, and financial statements available to the public as part of its 990. The form 990 is available upon request.”

Filing and Contact Details

Filer

Filer Name
Jackson Electric Membership
EIN
58-0301471
Phone
7063675281
Address
PO BOX 38, JEFFERSON, GA 30549-0038

Signing Officer

Name
Ernest a Chip Jakins Iii
Title
President & CEO
Phone
7063675281
Signed
2021-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest a Chip Jakins Iii
Formed
1938
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
505

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
H Terrell Mcmichael Jr
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Patronage capital 35,998,806 membership fees 112,205 asc 606 recognition - unbilled revenue 1,494,721 unclaimed capital credits 16,575 capital credit retirements -13,000,041 donated capital -63,727 total 24,558,539”

Financial Statement Notes

Schedule D, Page 4, Part XIII

“The corporation's financial statements were audited as of may 31, 2020 and 2019.”

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

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP-ENGINEERI
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-MKT MS/GO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP-FINANCE /
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IRS990/LandBldgEquipCostOrOtherBssAmt01162810519
IRS990/LegalDomicileStateCd0GA
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0592608663
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0455664915
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0482948067
IRS990/NetAssetsOrFundBalancesBOYAmt0519926474
IRS990/NetAssetsOrFundBalancesEOYAmt0544485013
IRS990/NetUnrelatedBusTxblIncmAmt07208
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt01641093
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt058126
IRS990/OtherAssetsTotalGrp/EOYAmt02640392
IRS990/OtherChangesInNetAssetsAmt024558539
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1ADMIN. & GENERAL EXP.
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/TotalAmt0435373787
IRS990/OtherExpensesGrp/TotalAmt121150846
IRS990/OtherExpensesGrp/TotalAmt220816179
IRS990/OtherExpensesGrp/TotalAmt316669893
IRS990/OtherLiabilitiesGrp/BOYAmt093128143
IRS990/OtherLiabilitiesGrp/EOYAmt091792340
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0EQUITY IN EARNINGS OF SUBSIDI
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01855901
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01855901
IRS990/OtherRevenueTotalAmt01855901
IRS990/OtherSourcesGrossIncomeAmt03226978
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02979285
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01330805
IRS990/PrincipalOfficerNm0ERNEST A CHIP JAKINS III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC ENERGY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1G & T CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0592597723
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113427921
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23200692
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3771471
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0592597723
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113427921
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23200692
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3771471
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt037375031
IRS990/PYInvestmentIncomeAmt09228285
IRS990/PYOtherExpensesAmt0574247085
IRS990/PYOtherRevenueAmt02120272
IRS990/PYProgramServiceRevenueAmt0601263533
IRS990/PYSalariesCompEmpBnftPaidAmt0989974
IRS990/PYTotalExpensesAmt0612612090
IRS990/PYTotalRevenueAmt0612612090
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0516235089
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0540681423
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081983265
IRS990/SavingsAndTempCashInvstGrp/EOYAmt086500000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0151014605
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt138736713
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt25442279
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt33789621
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt43326363
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt52075614
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt62003679
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt71445764
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt81311828
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt9156127
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1095689
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1135686
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1230115
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1315957
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1412425
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15959
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0OPC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1GTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CFC CTC'S
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3COOPERATIVE CHOICE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4CFC PATRONAGE CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5SEWELL CREEK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6GRESCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7FEDERATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8SMARR EMC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10NISC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc12GSOC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc13CRC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc14GREEN POWER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc15COBANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd11C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd12C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd13C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd14C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd15C
IRS990ScheduleD/LandGrp/BookValueAmt06152132
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06152132
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0780557553
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0376100834
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01156658387
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062888100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115995465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212908775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACC. PROV. FOR POSTRETIREMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSUMER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF MAY 31, 2020 AND 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0786709685
IRS990ScheduleD/TotalBookValueProgramRltdAmt0209493424
IRS990ScheduleD/TotalLiabilityAmt091792340
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,180,710,221
Liabilities
$636,225,208
Net assets
$544,485,013
Revenue
$614,807,083
Expenses
$614,807,083
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,479$822$657$686$686$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,373$752$621$643$643$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,306$720$586$690$690$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,224$662$562$617$617$0.00
2020Detailed filing. Detailed filing data is available for this year.$1,181$636$544$615$615$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,130$610$520$613$613$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,090$621$470$588$588$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,032$587$445$548$548$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$991$576$415$550$550$0.00
2015Detailed filing. Detailed filing data is available for this year.$957$571$386$541$541$0.00
2014Detailed filing. Detailed filing data is available for this year.$894$530$364$528$528$0.00
2013Detailed filing. Detailed filing data is available for this year.$873$527$345$472$472$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$830$500$330$465
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$833$518$315$467
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$790$498$292$443