2026-06-01T10:32:48-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 580303365 JEFFERSON ENERGY COOPERATIVE JEFF 7065472167 PO BOX 457 WRENS GA 30833 WAYNE GOSSAGE JR PRESIDENT & CEO 7065472167 2026-05-29 true false WILLIAM R ROUNTREE P01231836 4787466277 2026-06-01 2023 2025-03-06 01:10:19Z X WAYNE GOSSAGE JR PO BOX 457 WRENS GA 30833 79306347 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 78563327 79124651 67799 182918 399 -1222 78631525 79306347 0 1350608 9108337 596023 632303 0 0 76684894 69565707 78631525 79306347 0 168461526 176110221 112151991 112864612 56309535 63245609 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 79306347 TO PROVIDE SAFE AND RELIABLE ELECTRICITY TO ALL WHO DESIRE IT WITHIN THE COUNTIES WE SERVE. N/A 79306347 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 75 0 true 121 true false false false false false 77470275 315621 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 X MARK DAVIS CHAIRMAN 7.00 X X 5237 0 22500 LARRY HADDEN VICE CHAIRMA 7.00 X X 21710 0 0 JAMES L GAY SECRETARY-TR 9.00 X X 17737 0 4000 OPHELIA MCCAIN DIRECTOR 7.00 X 28737 0 3600 J TIM GARRETT DIRECTOR 8.50 X 19589 0 5648 JOE SHURLEY DIRECTOR 13.00 X 20142 0 0 DEREK PARTRIDGE DIRECTOR 7.00 X 26237 0 0 TOMMY PHELPS DIRECTOR 7.00 X 31237 0 0 RHONDA DAIGS DIRECTOR 7.00 X 15239 0 0 EUGENE TANZYMORE DIRECTOR 7.50 X 10394 0 0 CHARLES C DILLARD PRESIDENT/CE 50.00 X 312143 0 88153 KENNETH L JOHNSON VP-LINE SERV 50.00 X 217524 0 52980 KIM SHARPE VP-CORPORATE 50.00 X 208497 0 55039 MARTIN G POTTER ASSOC VP- IN 50.00 X 187549 0 49412 WAYNE GOSSAGE JR PRESIDENT & 50.00 X 177265 0 53444 CAMERON MARCHANT MGR. ENG. SE 50.00 X 149301 0 46253 1448538 381029 34 false true false PIKE ELECTRIC LLC 100 PIKE WAY MOUNT AIRY NC 27030 CONSTRUCTION 2708906 GEORGIA RIGHT-OF-WAY 60 LOGISTICS CENTER PKWY FORSYTH GA 31029 RIGHT-OF-WAY 717268 GUNNISON ACQUISITION HOLDINGS 3715 NORTHSIDE PARKWAY ATLANTA GA 30327 RIGHT-OF-WAY 567175 TOWNSEND TREE SERVICE INC 1015 W JACKSON STREET MUNCIE IN 47305 RIGHT-OF-WAY 555093 SERVPRO OF AUGUSTA 1407-B MONTE SANO AVE AUGUSTA GA 30904 WATER MITIG. 207964 10 SALES OF ELECTRICITY 221000 77470212 77470212 POLE RENTAL 221000 1128840 1128840 OTHER CAPITAL CREDITS 221000 525599 525599 79124651 182918 182918 OTHER -1222 -1222 -1222 79306347 77994589 1311758 9108337 632303 945471 3301841 6414069 PURCHASED POWER 43563850 DISTRIBUTION MAINTENANCE 4995271 DISTRIBUTION OPERATIONS 4585353 CONSUMER ACCOUNTS 3012172 2747680 79306347 0 0 0 399417 1301546 8026167 8514563 2159991 2277769 217533 258667 215689489 57325142 152534851 158364347 5110455 5380217 13112 13112 168461526 176110221 16315708 13062880 82638235 87190059 13198048 12611673 112151991 112864612 X 462972 458852 55846563 62786757 56309535 63245609 168461526 176110221 X 0 6936074 X false true X true false 599408 599408 8701246 3549611 5151635 206388835 53775531 152613304 158364347 ACC. PROV. FOR POSTRETIREMENT 5072799 CONSUMER DEPOSITS 4659062 DEFERRED CREDITS 2879812 12611673 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, 2024 AND 2023. THE COOPERATIVE RECEIVED AN UNMODIFIED (CLEAN) AUDIT OPINION FOR EACH OF THE YEARS ENDED MAY 31, 2024 AND 2023. X X X X X false true false CHARLES C DILLARD PRESIDENT/CEO (2023) 300225 5102 6816 70755 17398 400296 KENNETH L JOHNSON VP-LINE SERVICES 209046 390 8088 47934 5046 270504 KIM SHARPE VP-CORPORATE SVCS. 197237 364 10896 42729 12310 263536 MARTIN G POTTER ASSOC VP- INFORM SYS 185317 90 2142 37277 12135 236961 WAYNE GOSSAGE JR PRESIDENT & CEO 173524 324 3417 39787 13657 230709 CAMERON MARCHANT MGR. ENG. SERVICES 146588 1370 1343 34716 11537 195554 SCHEDULE J, PART III THE CORPORATION HAS TWO DEFERRED COMPENSATION PLANS UNDER IRC SECTION 457 (B). ONE PLAN IS FOR SELECT MEMBERS OF MANAGEMENT AND THE SECOND PLAN IS FOR DIRECTORS. BOTH PLANS CONSIST ONLY OF ELECTED DEFERRALS BY THE PARTICIPANT AND DO NOT INCLUDE ANY CORPORATE CONTRIBUTIONS. NONQUALIFIED DEFERRED COMPENSATION PLAN - MANAGEMENT: SELECT MEMBERS OF MANAGEMENT MAY DEFER COMPENSATION UNDER AN IRC SECTION 457(B) PLAN. IN THE YEAR OF DEFERRAL, THESE AMOUNTS ARE REPORTED ON PART VII AND SCHEDULE J AS A COMPONENT OF BASE COMPENSATION. DISTRIBUTION AMOUNTS ARE GENERALLY PRESENTED ON SCHEDULE J, COLUMN F AS COMPENSATION THAT HAS PREVIOUSLY BEEN REPORTED ON A PRIOR YEAR FORM 990. THERE WERE NO DISTRIBUTIONS FROM THIS PLAN FOR THE TAX YEAR. NONQUALIFIED DEFERRED COMPENSATION PLAN - DIRECTORS: DIRECTORS MAY DEFER COMPENSATION UNDER AN IRC SECTION 457(B) PLAN. IN THE YEAR OF DEFERRAL, THESE AMOUNTS ARE REPORTED ON PART VII, COLUMN F, AS THEY ARE NOT INCLUDED IN THE DIRECTOR'S 1099-NEC AMOUNT. IN THE YEAR OF DISTRIBUTION, THE DISTRIBUTION AMOUNT IS REPORTED ON A 1099-NEC AND INCLUDED IN PART VII, COLUMN D AS THE AMOUNT IS TAXABLE TO THE PARTICIPANT IN THE YEAR OF DISTRIBUTION. THERE WERE NO DISTRIBUTIONS FROM THIS PLAN FOR THE TAX YEAR. FORM 990, PAGE 1, ITEM B COMPENSATION REPORTING: EMPLOYEE CONTRIBUTIONS TO DEFERRED COMPENSATION PLANS WERE IMPROPERLY INCLUDED IN "RETIREMENT AND OTHER DEFERRED COMPENSATION" FOR THE CALENDAR YEAR. THESE CONTRIBUTIONS WERE ALREADY INCLUDED IN BASE COMPENSATION. IN ADDITION, THE PRESENTATION OF BOARD PER DIEMS DEFERRED UNDER IRC 457(B) HAVE BEEN RECLASSIFIED TO PART VII, COLUMN F, AS THE DEFERRALS REPRESENT CURRENT COMPENSATION. 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 N/A 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 FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART VII IN 2023, EUGENE TANZYMORE RETIRED FROM THE JEFFERSON ENERGY BOARD OF DIRECTORS. AT THE JULY 18, 2023 ANNUAL MEETING OF THE MEMBERS, RHONDA DAIGS WAS ELECTED TO THE BOARD. IN ACCORANCE WITH THE FORM 990 INSTRUCTIONS, ALL DIRECTORS THAT SERVED ON THE BOARD DURING THE 2023 TAX YEAR HAVE BEEN REPORTED ON PART VII. CHARLES C. DILLARD RETIRED AS PRESIDENT/CEO IN MAY 2024. WAYNE GOSSAGE, JR., VICE PRESIDENT OF MEMBER SERVICES, WAS APPOINTED TO REPLACE MR. DILLARD AS PRESIDENT/CEO ON THE EFFECTIVE DATE OF HIS RETIREMENT. FORM 990, PART XI, LINE 9 DONATED CAPITAL 237,784 PATCAP ASSIGNED TO MEMBER CAPITAL ACCOUNTS 9,108,337 CHANGE IN MEMBERSHIP FEES -4,120 RETIREMENT OF PATCAP -2,384,416 RETIRED CAPITAL CREDIT GAINS -21,511 TOTAL 6,936,074