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  4. Jones-Onslow Electric Membership Corporation (JOEMC)
EIN 56-0283268

Jones-Onslow Electric Membership Corporation (JOEMC)

IRS 501(c) type
501(c)(12)
Num. employees
188
City
Jacksonville
State
North Carolina
Year formed
1939
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Jones-Onslow Electric Membership Corporation's mission is to provide superior electric and customer service at competitive prices while striving to improve the quality of life for our customers. Jones-Onslow Electric Membership Corporation is an electric distribution cooperative located in Jacksonville, North Carolina. The cooperative provides electric utility service to over 58,000 southeastern homes and businesses in Jones, Onslow, Pender, Duplin, Lenoir and Craven counties. The Main Office is located in Jacksonville and the District Office is located in Sneads Ferry.
Total revenues
$152,637,282
2022
Total expenses
$149,511,415
2022
Total assets
$364,024,262
2022
Num. employees
188
2022

Program areas at JOEMC

Rural Electric cooperative providing Electric services to approximately 75,000 members. The three largest program services as measured by expenses were as follows: cost of power 98,488,447 other salaries and wages 13,626,842 depreciation 13,220,964

Who funds Jones-Onslow Electric Membership Corporation (JOEMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$13,192

Personnel at JOEMC

NameTitleCompensation
Jeffery T ClarkChief Executive Officer / Chief Financial Officer$605,866
Jeffrey HudsonChief Operating Officer$136,624
Jeff AllenVice President Operations$191,954
Michelle HefnerVice President Finance and Acct$218,400
Andy ShepardVice President Technology Strategy$174,359
...and 12 more key personnel

Financials for JOEMC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$152,163,171
Investment income and dividends$182,913
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$266,605
Net gain from sale of non-inventory assets$18,545
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,048
Total revenues$152,637,282

Form 990s for JOEMC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-27990View PDF
2021-122022-11-02990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
2018-122020-01-21990View PDF
...and 9 more Form 990s

Organizations like JOEMC

OrganizationLocationRevenue
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Big Country Electric CooperativeRoby, TX$49,687,059
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Rappahannock Electric CooperativeFredericksburg, VA$493,777,612
Inland Power and LightSpokane, WA$94,666,539
West River Electric AssociationWall, SD$44,777,288
Alaska Village Electric CooperativeAnchorage, AK$69,708,185
Data update history
January 18, 2024
Updated personnel
Identified 3 new personnel
January 12, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 1 new personnel
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $13,192 from North Carolina Electric Membership Corporation
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government funding
General information
Address
259 Western Blvd
Jacksonville, NC 28546
Metro area
Jacksonville, NC
County
Onslow County, NC
Website URL
joemc.com/ 
Phone
(910) 353-1940
IRS details
EIN
56-0283268
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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