2024-11-12T13:39:07+00:00 2023-12-31 440160260 Forvis Mazars LLP 225 N Water St Suite 400 Decatur IL 62523 990 2023-01-01 361284865 Jo-Carroll Energy Inc (NFP) JO-C 8158582207 PO Box 390 Elizabeth IL 610280390 Chuck Woods CFO 8158582207 2024-11-12 true true Deborah A Watts P01559216 2174292411 2024-11-15 2023 2024-10-15 13:58:12Z Michael Casper PO Box 390 Elizabeth IL 610280390 66110466 false X WWW.JOCARROLL.COM X 1939 IL JO-CARROLL ENERGY, INC. (NFP) IS AN ELECTRIC, NATURAL GAS, AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE THAT EXISTS TO ENHANCE THE QUALITY OF LIFE FOR OUR MEMEBERS. 10 10 130 0 404602 0 0 65677604 65472930 80691 234484 284399 403052 66042694 66110466 114000 0 3454950 2591699 13857099 15344501 0 0 49205114 47995767 66631163 65931967 -588469 178499 166773401 189072042 126207154 146668105 40566247 42403937 JO-CARROLL ENERGY, INC. (NFP) EXISTS TO ENHANCE THE QUALITY OF LIFE TO OUR MEMEBERS. JO-CARROLL ENERGY, INC. (NFP) DISTRIBUTES ELECTRICITY, NATURAL GAS, AND BROADBAN/FIBER TO MEMBERS IN A DEFINED SERVICE AREA IN WESTERN ILLINOIS, AS WELL AS FIBER TO LOCATIONS IN IOWA AND WISCONSIN. false false JO-CARROLL ENERGY, INC (NFP) IS AN ELECTRIC, NATURAL GAS AND BROADBAND/FIBER DISTRIBUTION COOPERATIVE ORGANIZED UNDER THE LAW OF ILLINOIS. THE COOPERATIVE PROVIDES ELECTRIC SERVICE TO 19,636 METERS PER MONTH; NATURAL GAS TO 5,789 METERS PER MONTH; AND BROADBAND/ FIBER TO 5,664 SUBSCRIBERS PER MONTH. 0 false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false true true false false true 83 0 true 130 true true true false false false false 62606818 3594268 false false false X 10 10 false false false false true true true true true false false true true true true true true true false true false IL X CHUCK WOODS 8158582207 793 US 20 WEST ELIZABETH IL 610280390 DAVID SENN CHAIRMAN 14.0 0.0 X X 22590 0 0 MARCIA STANGER SECRETARY 7.0 0.0 X X 6715 0 0 ROBERT KUHNS TREASURER 9.0 0.0 X X 12715 0 0 RUSSELL HOLESINGER VICE CHAIRMAN 7.0 0.0 X X 13900 0 0 ALLEN HENDREN DIRECTOR 7.0 0.0 X 6350 0 0 DAN TINDELL DIRECTOR 8.0 0.0 X 14295 0 0 GERALD MEYER DIRECTOR 10.0 0.0 X 12870 0 0 JOSEPH MATTINGLEY DIRECTOR 7.0 0.0 X 12320 0 0 LARRY CARROLL DIRECTOR 8.0 0.0 X 21405 0 0 PATRICIA SMITH DIRECTOR 7.0 0.0 X 14295 0 0 THOMAS LUNDY DIRECTOR 6.0 0.0 X 11925 0 0 CHARLES WOODS VICE PRESIDENT & CFO 40.0 0.0 X 196796 0 117740 MICHAEL CASPER PRESIDENT & CEO 40.0 0.0 X 362590 0 202474 BRAD EDLER DIRECTOR OF ENGINEERING 40.0 0.0 X 170938 0 96330 KYLE BUROS SR. VP & COO 40.0 0.0 X 210558 0 125702 BRANDON SEBENA DIRECTOR OF UTILITY OPERATIONS 40.0 0.0 X 170080 0 27687 JENNIFER MEYER VP OF MEMBER SERVICES 40.0 0.0 X 155794 0 74073 JESSE SHEKLETON DIRECTOR OF BROADBAND OPERATIONS 40.0 0.0 X 140554 0 79384 MEREDITH SEVEY VP OF HUMAN RESOURCES 40.0 0.0 X 158646 0 85111 STEVE LUDWIG LINE FOREMAN 40.0 0.0 X 161749 0 91185 1877085 0 899686 9 false true false WOLF LINE CONSTRUCTION CO 1831 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 FIBER CONSTRUCTION 4603591 RYAN THURIN EXCAVATING LLC E6574 BELGIUM RIDGE ROAD VIROQUA WI 54665 BORING / EXCAVATING 1865067 ZIELIES TREE SERVICE INC 750 W ARTHUR AVENUE BRUCE WI 54819 RIGHT OF WAY CLEARING 1757401 UTILITY SAFETY & DESIGN 1927 MILLER DR PO BOX 276 OLNEY IL 62450 CONSULTING/GAS METER INSTALL 1236067 FIBER OPS PRECISION SPLICING 12836 THUNDER HOLLOW LN WHITELAW WI 54247 FIBER CONSTRUCTION 884738 5 0 SALE OF ELECTRICITY, GAS, & BROADBAND 221000 63720161 63720161 CAPITAL CREDIT ALLOCATION 221000 1688561 1688561 POLE RENTAL INCOME 221000 64208 64208 0 0 0 0 65472930 20240 20240 0 0 214244 0 214244 214244 214244 ALL OTHER MISC REVENUE 221000 -4370 -1550 -2820 PHONE SERVICE 221000 209758 209758 MANAGED SERVICE PROVIDER 221000 197664 197664 0 0 0 0 403052 66110466 65621416 404602 84448 2591699 1727704 7662144 2337920 2844840 771893 67063 68290 85951 214640 268753 320155 696755 129013 200772 5007242 5330918 398301 COST OF PURCHASED POWER 32112003 990-T EXPENSES 479685 OPERATIONS & MAINTENANCE 2485415 CUSTOMER ACCOUNT EXPENSE 130811 0 65931967 1721269 4135078 4404063 4090091 0 0 0 0 2293 4681 5950173 7150709 6861054 7168959 218359001 71163083 129906739 147195918 0 17927810 19326606 0 0 166773401 189072042 7454716 8888058 0 0 112325353 130088554 6427085 7691493 126207154 146668105 X 11097667 11425781 29468580 30978156 40566247 42403937 166773401 189072042 X 178499 1659191 X false true X true false 799327 799327 8267006 3132751 5134255 14092307 9263148 4829159 195200361 58767184 136433177 147195918 NON-UTILITY PROPERTY 1667473 C PATRONAGE 16237319 C OTHER INVESTMENTS 1421814 C 19326606 ACCRUED PROV. PENSIONS AND BENEFITS 1311691 DEFERRED CREDITS 6379802 7691493 66110466 0 0 66110466 0 0 66110466 63340268 0 0 63340268 2591699 2591699 65931967 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XIII PATRONAGE CAPITAL ALLOCATED TO 2023: $2,591,699 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements PATRONAGE CAPITAL ALLOCATED TO 2023 - 2591699 X X X X false false false MICHAEL CASPER PRESIDENT & CEO 320091 0 40443 0 2056 0 195560 0 6914 0 565064 0 0 0 CHARLES WOODS VICE PRESIDENT & CFO 182059 0 13000 0 1737 0 113456 0 4284 0 314536 0 0 0 BRAD EDLER DIRECTOR OF ENGINEERING 160532 0 9000 0 1406 0 89254 0 7076 0 267268 0 0 0 KYLE BUROS SR. VP & COO 196279 0 13000 0 1279 0 118402 0 7300 0 336260 0 0 0 MEREDITH SEVEY VP OF HUMAN RESOURCES 144597 0 13000 0 1049 0 80297 0 4814 0 243757 0 0 0 JENNIFER MEYER VP OF MEMBER SERVICES 141764 0 13000 0 1030 0 69259 0 4814 0 229867 0 0 0 STEVE LUDWIG LINE FOREMAN 158643 0 2250 0 856 0 84914 0 6271 0 252934 0 0 0 BRANDON SEBENA DIRECTOR OF UTILITY OPERATIONS 159924 0 9000 0 1156 0 21461 0 6226 0 197767 0 0 0 JESSE SHEKLETON DIRECTOR OF BROADBAND OPERATIONS 129602 0 10000 0 952 0 70085 0 9299 0 219938 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders JO-CARROLL ENERGY, INC. (NFP) DISTRIBUTES ELECTRIC, NATURAL GAS, AND BROADBAND/FIBER SERVICES TO MEMBERS DIVIDED INTO TEN DISTRICTS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MEMBER CONTROL OF JO-CARROLL ENERGY, INC. (NFP) IS VESTED IN ITS BOARD OF DIRECTORS, CONSISTING OF ONE REPRESENTATIVE FROM EACH OF TEN DISTRICTS. EACH DIRECTOR IS ELECTED BY THE MEMBERS OF THEIR DISTRICT FOR A THREE-YEAR TERM. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders PURSUANT OF JO-CARROLL ENERGY, INC. (NFP) BY-LAWS, THE BOARD OF DIRECTORS IS CHARGED WITH DIRECTING THE MANAGEMENT OF THE COOPERATIVE. MEMBER APPROVAL IS REQUIRED FOR AMENDMENTS OR CHANGES TO THE BY-LAWS WITH VOTING DURING THE ANNUAL MEMBERSHIP MEETING. Form 990, Part VI, Line 11b Review of form 990 by governing body EACH YEAR, PRIOR TO FILING, THE FORM 990 IS REVIEWED WITH THE BOARD OF DIRECTORS WITH A SUMMARIZED POWERPOINT PRESENTATION. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR, EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST STATEMENT AS REQUIRED BY BOARD POLICY #103. NEWLY ELECTED DIRECTORS ARE REQUIRED TO COMPLETE THE STATEMENT UPON ELECTION TO THE BOARD OF DIRECTORS. A SIMILAR ADMINISTRATIVE POLICY #203 REQUIRES ALL EMPLOYEES TO ALSO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY. EACH DIRECTOR'S STATEMENT IS REVIEWED BY JO-CARROLL ENERGY, INC. (NFP)'S GENERAL COUNSEL. EACH EMPLOYEE STATEMENT IS REVIEWED BY THE MANAGER OF HUMAN RESOURCES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE FULL BOARD OF DIRECTORS ANNUALLY REVIEW THE COMPENSATION OF THE PRESIDENT AND CEO USING NATIONAL AND STATE SALARY INFORMATION AND THE PERFORMANCE OF THE PRESIDENT AND CEO DURING THE PAST YEAR. THE FULL BOARD OF DIRECTORS DETERMINES THE INCREASE IN COMPENSATION. ADDITIONALLY, THE COOPERATIVE SEEKS THE RECOMMENDATIONS OF AN INDEPENDENT CONSULTANT TO ASSIST IN THE PROCESS. Form 990, Part VI, Line 19 Required documents available to the public JO-CARROLL ENERGY, INC. (NFP) MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. ALL ACTIVE MEMBERS RECEIVE A CONDENSED OPERATING STATEMENT AND BALANCE SHEET IN THE ANNUAL REPORT MAILED PRIOR TO THE ANNUAL MEMBERSHIP MEETING EACH YEAR, AS WELL AS PUBLISHED IN OUR COOPERATIVE MAGAZINE, ILLINOIS COUNTRY LIVING. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CUMULATIVE CHANGES TO MISC. EQUITY ACCOUNTS IN 2023 - -932508; PATRONAGE CAPITAL ALLOCATED FOR 2023, REPORTED IN PART IX, LINE 4 - 2591699; COOPERATIVE COMMUNITY SOLAR LLC 793 US HWY 20 WEST ELIZABETH IL 61028 352507916 HOLDING COMPANY IL JO-CARROLL ENER C Corporation -645 164576 1.0000 true false false false false false false false false false false false false false false false false false false false