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EIN 75-0357146

J-A-C Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
18
City
Henrietta
State
Texas
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
J-A-C Electric Cooperative provides electricity to rural and surrounding communities on a cooperative basis and strives to offer it at the most reasonable price possible. At year-end, 5,988 active services out of 7,347 total services were provided electricity and allocated patronage capital.
Total revenues
$17,565,899
2023
Total expenses
$17,565,899
2023
Total assets
$43,030,475
2023
Num. employees
18
2023

Program areas at J-A-C Electric Cooperative

To provide electricity to our members - 5,960 active services at year-end (7,465 total services in place - 1,505 idle services)were provided electricity on a Cooperative basis and were allocated patronage capital.

Personnel at J-A-C Electric Cooperative

NameTitleCompensation
Troy S WileyGeneral Manager$146,515
Bill PursleyDirector and Secretary$29,568
Elaine MartinPresident$31,518
Eddie LuigVice President$20,104
Jim PenningtonVice President / Director$6,353
...and 5 more key personnel

Financials for J-A-C Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$17,362,202
Investment income and dividends$59,955
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$21,220
Net gain from sale of non-inventory assets$6,300
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$15,047
Miscellaneous revenues$101,175
Total revenues$17,565,899

Form 990s for J-A-C Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-19990View PDF
2022-122023-09-21990View PDF
2021-122022-07-21990View PDF
2020-122021-07-07990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

Organizations like J-A-C Electric Cooperative

OrganizationLocationRevenue
Tri-County Electric CooperativeMadison, FL$53,542,460
Delaware County Electric CooperativeDelhi, NY$10,106,533
South Alabama Electric CooperativeTroy, AL$55,703,765
New Mac Electric CooperativeNeosho, MO$48,049,781
Rolling Hills Electric CooperativeBeloit, KS$30,654,765
Boone Electric CooperativeColumbia, MO$67,889,675
Adams Electric CooperativeCamp Point, IL$26,550,065
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Clark Electric CooperativeGreenwood, WI$25,902,143
Itasca-Mantrap Cooperative Electrical AssociationPark Rapids, MN$30,902,494
Data update history
November 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Used new vendors
Identified 1 new vendor, including
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 17, 2023
Updated personnel
Identified 1 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
1784 FM 172
Henrietta, TX 76365
Metro area
Wichita Falls, TX
County
Clay County, TX
Website URL
jacelectric.com/ 
Phone
(940) 895-3311
IRS details
EIN
75-0357146
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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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