2023-09-27T14:38:47-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 580303365 JEFFERSON ENERGY COOPERATIVE JEFF 7065472167 PO BOX 457 WRENS GA 30833 CHARLES C DILLARD PRESIDENT & CEO 7065472167 2023-09-27 true CHARLES DILLARD XXX-XX-XXXX false WILLIAM R ROUNTREE P01231836 4787466277 2023-09-27 2022 2023-04-26 12:10:37Z CHARLES C DILLARD PO BOX 457 WRENS GA 30833 78631525 false X WWW.JEC.COOP X 1937 GA 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. 9 9 121 0 0 73472902 78563327 55197 67799 10256 399 73538355 78631525 0 2296440 1350608 573723 578109 0 0 70668192 76702808 73538355 78631525 0 162702738 168461526 106690627 112151991 56012111 56309535 X 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. false false N/A 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. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 52 0 true 121 true false false false false false 77147532 204515 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false GA X JEFFERSON ENERGY COOPERATIVE 7065472167 3077 HWY 17 N WRENS GA 30833 OPHELIA MCCAIN CHAIRMAN 7.00 X X 29987 0 0 MARK DAVIS VICE CHAIRMA 7.00 X X 6737 0 0 JAMES L GAY SECRETARY-TR 9.00 X X 12737 0 0 J TIM GARRETT DIRECTOR 8.50 X 17443 0 0 LARRY HADDEN DIRECTOR 7.00 X 24210 0 0 JOE SHURLEY DIRECTOR 13.00 X 20142 0 0 EUGENE TANZYMORE DIRECTOR 7.50 X 18761 0 0 DEREK PARTRIDGE DIRECTOR 7.00 X 31537 0 0 TOMMY PHELPS DIRECTOR 7.00 X 22737 0 0 CHARLES C DILLARD PRESIDENT & 50.00 X 295660 0 98158 KENNETH L JOHNSON VP-LINE SERV 50.00 X 200839 0 67727 KIM SHARPE VP-CORPORATE 50.00 X 181921 0 48366 MARTIN G POTTER ASSOC VP- IN 50.00 X 169255 0 44328 WAYNE GOSSAGE JR VP-MEMBER SE 50.00 X 161567 0 50177 CAMERON MARCHANT MGR. LINE SE 50.00 X 140540 0 44068 1334073 352824 28 false true false GUNNISON ACQUISITION HOLDINGS 3715 NORTHSIDE PARKWAY ATLANTA GA 30327 RIGHT-OF-WAY 760747 ACE POLE ACQUISITION PO BOX 763 ALMA GA 31510 SUPPLIES 149479 JAY'S HARDWARE 101 WALDEN STREET WRENS GA 30833 SUPPLIES 129176 3 ELECTRIC ENERGY REVENUE 221000 77147133 77147133 POLE RENTAL 221000 1004066 1004066 OTHER CAPITAL CREDITS 221000 412128 412128 78563327 67799 67799 OTHER 399 399 399 78631525 77559660 1071865 1350608 578109 709300 2658471 6129635 PURCHASED POWER 52866025 DISTRIBUTION MAINTENANCE 4534414 DISTRIBUTION OPERATIONS 4432152 CONSUMER ACCOUNTS 2739093 2633718 78631525 0 0 0 705706 399417 6137978 8026167 1553502 2159991 348475 217533 206209213 53674362 149026423 152534851 4917542 5110455 13112 13112 162702738 168461526 14310886 16315708 78294537 82638235 14085204 13198048 106690627 112151991 X 467537 462972 55544574 55846563 56012111 56309535 162702738 168461526 X 0 297424 X false true X true false 399942 399942 8666646 3376914 5289732 197142625 50297448 146845177 152534851 ACC. PROV. FOR POSTRETIREMENT 5765167 CONSUMER DEPOSITS 4652302 DEFERRED CREDITS 2780579 13198048 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S FISCAL YEAR END IS MAY 31ST. THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF MAY 31, 2023 AND 2022. THE COOPERATIVE RECEIVED AN UNMODIFIED (CLEAN) AUDIT OPINION FOR EACH OF THE YEARS ENDED MAY 31, 2023 AND 2022. X X X X X false true false CHARLES C DILLARD PRESIDENT & CEO 283985 5205 6470 82076 16082 393818 KENNETH L JOHNSON VP-LINE SERVICES 195376 355 5108 63018 4709 268566 KIM SHARPE VP-CORPORATE SVCS. 172329 152 9440 37408 10958 230287 MARTIN G POTTER ASSOC VP- INFORM SYS 163619 50 5586 33479 10849 213583 WAYNE GOSSAGE JR VP-MEMBER SERVICES 159869 254 1444 37547 12630 211744 CAMERON MARCHANT MGR. LINE SERVICES 139273 1267 31998 12070 184608 SCHEDULE J, PAGE 1, PART I, LINE 4 OPHELIA MCCAIN 0 3,600 0 MARK DAVIS 0 20,500 0 JAMES L. GAY 0 8,000 0 J. TIM GARRETT 0 4,794 0 SCHEDULE J, PART III NONQUALIFIED RETIREMENT PLAN AMOUNTS CONSIST OF BOARD PER-DIEM FEES DEFERRED UNDER IRC SECTION 457(B). AMOUNTS DEFERRED FOR THE YEAR ENDED DECEMBER 31, 2022 ARE NOT INCLUDED IN EACH DIRECTOR'S 1099-NEC COMPENSATION IN PART VII OF THE FORM 990. FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 2, PART III, LINE 4D 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. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF COMPENSATION SURVEYS REVIEWED BY AN INDEPENDENT CONSULTANT AND A PERFORMANCE REVIEW CONDUCTED BY THE COMPENSATION COMMITTEE THAT IS PUT INTO ACTION BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A WAGE AND SALARY PLAN REVIEWED BY AN INDEPENDENT CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS A PART OF ITS FORM 990. THE FORM990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 DONATED CAPITAL 190,608 PATCAP ASSIGNED TO MEMBER CAPITAL ACCOUNTS 1,350,608 CHANGE IN MEMBERSHIP FEES -4,565 RETIREMENT OF PATCAP -1,234,313 RETIRED CAPITAL CREDIT GAINS -4,914 TOTAL 297,424