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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
194
City
Jacksonville
State
North Carolina
Year formed
1939
Most recent tax filings
2023-12-01
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
$159,869,087
2023
20192020202120222023$0.1b$0.1b$0.2b
Total expenses
$156,625,850
2023
20192020202120222023$0.1b$0.1b$0.2b
Total assets
$378,771,852
2023
20192020202120222023$0.3b$0.3b$0.4b
Num. employees
194
2023
201920202021202220230200

Program areas at JOEMC

Rural Electric cooperative providing Electric services to approximately 79,000 members. The three largest program services as measured by expenses were as follows: cost of power 102,057,955 other salaries and wages 14,612,484 depreciation 13,590,145

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
Gary RayChief Executive Officer
Jeffrey HudsonChief Operating Officer$136,624
Jeff AllenVice President of Operations$191,954
Michelle HefnerVice President of Finance and Accounting$218,400
Steve GoodsonVice President of Communications and Business Strategy$207,185
...and 14 more key personnel

Financials for JOEMC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$159,339,818
Investment income and dividends$190,879
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$316,654
Net gain from sale of non-inventory assets$-15,824
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$37,560
Total revenues$159,869,087

Form 990s for JOEMC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-28990View PDF
2022-122023-10-27990View PDF
2021-122022-11-02990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like JOEMC

OrganizationLocationRevenue
Big Country Electric CooperativeRoby, TX$49,687,059
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Southern Maryland Electric CooperativeHughesville, MD$482,120,622
Rappahannock Electric CooperativeFredericksburg, VA$535,480,140
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Consumers PowerPhilomath, OR$51,938,913
First Electric Cooperative CorporationJacksonville, AR$273,232,530
Pioneer Electric CooperativeUlysses, KS$84,514,183
French Broad Electric Membership CorporationMarshall, NC$85,151,420
Data update history
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $13,192 from North Carolina Electric Membership Corporation
November 21, 2024
Updated personnel
Identified 1 new personnel
October 19, 2024
Updated personnel
Identified 1 new personnel
September 23, 2024
Updated personnel
Identified 4 new personnel
January 18, 2024
Updated personnel
Identified 3 new personnel
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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