Jefferson Energy Cooperative
501(c)(12)
Strong reserves
Jefferson Energy Cooperative is a 501(c)(12) organization based in Wrens, Georgia, registered in 1942, with $79,306,347 in FY2023 revenue.
Po Box 457, Wrens, GA, 30833 EIN 58-0303365 Since 1942
Revenue (FY2023)
$79.3M
▲ 0.9% vs prior year
Expenses (FY2023)
$79.3M
Net assets
$63.2M
Employees
121
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—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 Jefferson Energy 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 rating10 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 Jefferson Energy Cooperative: 10 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 Jefferson Energy Cooperative: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Jefferson Energy Cooperative: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Jefferson energy cooperative's mission is to safely deliver reliable and competitively priced electricity to our member-consumers. we do this through a highly skilled, committed and motivated workforce. we serve to improve the quality of life for our members and communities.
What they do
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.
Contact & location
Financial trends
Revenue grew from $73.9M (FY2016) to $79.3M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $112.9MNet assets $63.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$176.1M
Total liabilities
$112.9M
Net assets
$63.2M
Salaries & benefits
$616K
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $79,306,347▲0.9% | $79,306,347▲0.9% | $63,245,609▲12.3% | $176,110,221▲4.5% | 990 |
| 2022 | $78,631,525▲6.9% | $78,631,525▲6.9% | $56,309,535▲0.5% | $168,461,526▲3.5% | 990 |
| 2021 | $73,538,355▲1.8% | $73,538,355▲1.8% | $56,012,111▲7.9% | $162,702,738▲4.9% | 990 |
| 2020 | $72,255,548▼0.7% | $72,255,548▼0.7% | $51,930,912▲0.4% | $155,081,076▲4.0% | 990 |
| 2019 | $72,763,791▼0.6% | $72,763,791▼0.6% | $51,734,643▲2.6% | $149,153,816▲1.1% | 990 |
| 2018 | $73,224,593▲0.2% | $73,224,593▲0.2% | $50,437,383▼31.0% | $147,469,103▼11.8% | 990 |
| 2017 | $73,093,523▼1.1% | $73,093,523▼1.1% | $73,125,820▲2.3% | $167,176,565▲2.8% | 990 |
| 2016 | $73,942,461 | $73,942,461 | $71,507,301 | $162,695,789 | 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 (FY2023)
Highest-paid: Charles C Dillard — $312,143 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Charles C Dillard | President/ce | 50 | $312,143 |
| Kenneth L Johnson | Vp-line Serv | 50 | $217,524 |
| Kim Sharpe | Vp-corporate | 50 | $208,497 |
| Martin G Potter | Assoc Vp- In | 50 | $187,549 |
| Wayne Gossage Jr | Vp Energy Se | 50 | $177,265 |
| Cameron Marchant | Mgr. Eng. Se | 50 | $149,301 |
| Tommy Phelps | Director | 7 | $31,237 |
| Ophelia Mccain | Director | 7 | $28,737 |
| Derek Partridge | Director | 7 | $26,237 |
| Larry Hadden | Vice Chairma | 7 | $21,710 |
| Joe Shurley | Director | 13 | $20,142 |
| J Tim Garrett | Director | 8.5 | $19,589 |
| James L Gay | Secretary-tr | 9 | $17,737 |
| Rhonda Daigs | Director | 7 | $15,239 |
| Eugene Tanzymore | Director | 7.5 | $10,394 |
| Mark Davis | Chairman | 7 | $5,237 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Pike Electric LLC | Construction | $2,708,906 |
| Georgia Right-of-way | Right-of-way | $717,268 |
| Gunnison Acquisition Holdings | Right-of-way | $567,175 |
| Townsend Tree Service Inc | Right-of-way | $555,093 |
| Servpro of Augusta | Water Mitig. | $207,964 |
Frequently asked questions
- Is Jefferson Energy Cooperative a legitimate nonprofit?
- Yes. Jefferson Energy Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 58-0303365, based in Wrens, Georgia.
- What is Jefferson Energy Cooperative's EIN?
- Jefferson Energy Cooperative's Employer Identification Number (EIN) is 58-0303365.
- How much revenue does Jefferson Energy Cooperative report?
- Jefferson Energy Cooperative reported $79,306,347 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Jefferson Energy Cooperative's highest-paid employee make?
- The highest reported compensation on Jefferson Energy Cooperative's latest Form 990 is $312,143, paid to Charles C Dillard (President/ce).
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Data for Jefferson Energy Cooperative (EIN 58-0303365) 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.