Jasper-newton Electric Cooperative
501(c)(12)
Only null% goes to programs Strong reserves
Jasper-newton Electric Cooperative is a 501(c)(12) organization based in Kirbyville, Texas, registered in 1944, with $59,791,443 in FY2024 revenue. CharityIndex grades it A.
812 S Margaret Ave, Kirbyville, TX, 75956 EIN 74-0711255 Since 1944
Revenue (FY2024)
$59.8M
▼ 4.6% vs prior year
Expenses (FY2024)
$59.8M
Net assets
$75.6M
Employees
122
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Jasper-newton Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jasper-newton Electric Cooperative: 15 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Jasper-newton Electric Cooperative: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jasper-newton Electric Cooperative: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide electric energy to rural areas at cost on a cooperative basis.
Contact & location
- Address
- 812 S Margaret Ave, Kirbyville, TX, 75956
- City
- Kirbyville
- State
- Texas
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.0M (FY2013) to $59.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $90.6MNet assets $75.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$166.2M
Total liabilities
$90.6M
Net assets
$75.6M
Salaries & benefits
$11.3M
19% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,791,443▼4.6% | $59,791,443▼4.6% | $75,584,306▲0.4% | $166,203,735▲3.3% | 990 |
| 2023 | $62,664,858▼3.9% | $62,664,858▼3.9% | $75,297,834▲0.2% | $160,922,012▲3.2% | 990 |
| 2022 | $65,226,638▲11.2% | $65,226,638▲11.2% | $75,152,018▲2.4% | $155,982,953▼1.9% | 990 |
| 2021 | $58,636,299▲19.5% | $58,636,299▲19.5% | $73,379,768▲5.8% | $158,963,470▲5.3% | 990 |
| 2020 | $49,067,273▼6.6% | $49,067,273▼6.6% | $69,333,011▲0.3% | $150,917,335▲10.0% | 990 |
| 2019 | $52,520,125▼4.1% | $52,520,125▼4.1% | $69,132,294▲0.8% | $137,259,109▼0.1% | 990 |
| 2018 | $54,769,631▲13.4% | $54,769,631▲13.4% | $68,616,574▲6.6% | $137,359,180▲1.1% | 990 |
| 2017 | $48,300,266▼8.8% | $48,300,266▼8.8% | $64,370,679▼0.3% | $135,807,945▲1.3% | 990 |
| 2016 | $52,943,796▼3.0% | $52,943,796▼3.0% | $64,581,416▲1.3% | $134,023,500▲1.1% | 990 |
| 2015 | $54,577,684▼2.4% | $54,577,684▼2.4% | $63,726,369▲5.7% | $132,517,150▲2.4% | 990 |
| 2014 | $55,898,907▲5.5% | $55,898,907▲5.5% | $60,265,153▲5.5% | $129,382,365▲2.1% | 990 |
| 2013 | $52,968,040 | $52,968,040▲8.0% | $57,115,557▲5.1% | $126,672,814▲6.8% | 990 |
| 2012 | — | $49,029,280▼9.8% | $54,351,068▲1.1% | $118,626,455▲1.6% | 990 |
| 2011 | — | $54,359,159▲17.7% | $53,747,695▲7.0% | $116,713,434▲2.7% | 990 |
| 2010 | — | $46,201,726 | $50,228,893 | $113,656,315 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mark Tamplin — $292,725 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Tamplin | General Manager | 50 | $292,725 |
| Aaron Crawford | Asst. Manager of Operation | 40 | $172,761 |
| Dennis Joey Davis | Asst. Manager Admin | 40 | $167,523 |
| Kevin Alex Stark | Energy Auditor | 57 | $162,568 |
| Shelley Powell | Director of Finance | 40 | $146,269 |
| John Hancock | Director of Construction | 40 | $145,431 |
| Jacob Williams | Construction Lineman | 54 | $142,702 |
| Dennis Muldrow | Secretary/treasurer | 27.2 | $19,037 |
| Mack Rose | Vice President | 62.7 | $17,401 |
| David Jones | Director | 2.5 | $17,103 |
| Godwin Turk | Director | 43 | $17,037 |
| Douglas Smith | Director | 27 | $16,480 |
| Patrick Brown | President | 10.6 | $16,401 |
| Gary Satterwhite | Director | 3 | $13,301 |
| Alison Mathews | Director | 2.5 | $12,801 |
| Paul Simmons | Director | 8.3 | $10,901 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Re-con Company of Texas | Substation Upgrade | $1,428,848 |
| Shelton Energy Solutions LLC | Line Work/storm Repair | $1,275,934 |
| Bright Star Solutions Inc | Line Work/storm Repair | $1,199,152 |
| Joe Byrd Construction LLC | Building Contractor Work | $301,876 |
| Shillings Contruction LLC | Building Contractor Work | $254,336 |
Frequently asked questions
- Is Jasper-newton Electric Cooperative a legitimate nonprofit?
- Yes. Jasper-newton Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-0711255, based in Kirbyville, Texas.
- What is Jasper-newton Electric Cooperative's EIN?
- Jasper-newton Electric Cooperative's Employer Identification Number (EIN) is 74-0711255.
- How much revenue does Jasper-newton Electric Cooperative report?
- Jasper-newton Electric Cooperative reported $59,791,443 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jasper-newton Electric Cooperative have?
- CharityIndex grades Jasper-newton Electric Cooperative A, based on financial health (reserves and operating margin).
- How much does Jasper-newton Electric Cooperative's highest-paid employee make?
- The highest reported compensation on Jasper-newton Electric Cooperative's latest Form 990 is $292,725, paid to Mark Tamplin (General Manager).
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Data for Jasper-newton Electric Cooperative (EIN 74-0711255) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.