#245 of 500 · Member & Benefit Funds

Jackson Electric Membership Corp

EIN 58-0301471 · GA · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, member-owned electric distribution cooperative headquartered in Jefferson, Georgia, about 50 miles northeast of Atlanta. Chartered in 1938 under the federal Rural Electrification Administration, it is the largest of Georgia's electric membership corporations, serving more than 270,000 meters across a ten-county service territory including Gwinnett, Hall, Jackson, Barrow, Madison, Clarke, Banks, Lumpkin, Franklin and Oglethorpe counties.

Financials, fiscal 2023

Revenue

$643.2M

Expenses

$643.2M

Total assets

$1.37B

Net assets

$620.7M

Operating margin

0.0%

1-year growth

-6.8%

5-year growth (CAGR)

1.2%

Reserve (years of spending)

11.6

Contributions share

n/a

Programme spending

98.8%

Fundraising cost

n/a

Executive pay share

0.20%

Employees

515

Revenue per employee

$1.2M

Grants paid

n/a

Years filing

80

NFP Health Score: 68 / 100

Financial 54 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To exceed its members' expectations with reliable, courteous and personalized service.

Revenue history