2026-06-01T10:33:15-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 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 2024 2025-03-06 01:10:19Z X WAYNE GOSSAGE JR PO BOX 457 WRENS GA 30833 83145036 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 79124651 82802878 182918 325866 -1222 16292 79306347 83145036 0 9108337 1854176 632303 835232 0 0 69565707 80455628 79306347 83145036 0 176110221 221022932 112864612 155841885 63245609 65181047 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 83145036 TO PROVIDE SAFE AND RELIABLE ELECTRICITY TO ALL WHO DESIRE IT WITHIN THE COUNTIES WE SERVE. 83145036 false false false false false false false false false true false false true 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 true false false true 65 0 true 121 true false false false false false 81026192 461540 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 KIM SHARPE VP-CORP SERVICES 7065472167 3077 HWY 17 N WRENS GA 30833 X LARRY HADDEN CHAIRMAN 10.00 X X 26415 0 0 TOMMY PHELPS VICE CHAIRMA 10.50 X X 30442 0 0 JAMES L GAY SECRETARY-TR 9.00 X X 11442 0 12000 MARK DAVIS DIRECTOR 9.50 X 3865 0 23577 OPHELIA MCCAIN DIRECTOR 9.00 X 37142 0 0 J TIM GARRETT DIRECTOR 11.50 X 20092 0 5850 JOE SHURLEY DIRECTOR 10.00 X 22346 0 0 DEREK PARTRIDGE DIRECTOR 9.50 X 27442 0 0 RHONDA DAIGS DIRECTOR 10.50 X 35442 0 0 WAYNE GOSSAGE JR PRESIDENT/CE 55.00 X 234180 0 57430 KENNETH L JOHNSON VP-LINE SERV 55.00 X 235601 0 56778 KIM SHARPE VP-CORPORATE 55.00 X 224761 0 59878 MARTIN G POTTER VP-INFORMATI 55.00 X 206598 0 52870 CAMERON MARCHANT MGR. ENG. SE 55.00 X 165995 0 46575 LEVENSKI BROWN CONSTR. SUPE 60.00 X 169970 0 34413 CHARLES C DILLARD CEO - RETIRE 40.00 X 248703 0 38864 1700436 388235 52 false true false PIKE ELECTRIC LLC 100 PIKE WAY MOUNT AIRY NC 27030 CONSTRUCTION 6219442 GEORGIA RIGHT-OF-WAY 60 LOGISTICS CENTER PKWY FORSYTH GA 31029 RIGHT-OF-WAY 1829574 GUNNISON ACQUISITION HOLDINGS 3715 NORTHSIDE PARKWAY ATLANTA GA 30327 RIGHT-OF-WAY 1259153 W A KENDALL AND COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 RIGHT-OF-WAY 717220 HELTON ELECTRICAL SERVICES 745 INDUSTRIAL DR SANDERSVILLE GA 31082 CONSTRUCTION 642567 33 ELECTRIC REVENUE 221000 81026192 81026192 POLE RENTAL 221000 1210866 1210866 OTHER CAPITAL CREDITS 221000 565820 565820 82802878 325866 325866 GAIN ON DISPOSITION 12500 12500 OTHER 3792 3792 16292 83145036 81608304 1536732 1854176 835232 962346 3573006 6875182 PURCHASED POWER 48785203 DISTRIBUTION MAINTENANCE 9229613 DISTRIBUTION OPERATIONS 4656352 CONSUMER ACCOUNTS 3016758 3357168 83145036 0 0 0 1301546 1944146 8514563 9605983 2277769 3025134 258667 1276242 235693079 61570754 158364347 174122325 5380217 7182213 13112 23866889 176110221 221022932 13062880 32881756 87190059 109151674 12611673 13808455 112864612 155841885 X 458852 454917 62786757 64726130 63245609 65181047 176110221 221022932 X 0 1935438 X false true X true false 627792 627792 9162045 3684941 5477104 225903242 57885813 168017429 174122325 STORM RESTORATION - HURRICANE HELENE 23853749 OTHER ASSETS 13140 23866889 ACC. PROV. FOR POSTRETIREMENT 4977077 CONSUMER DEPOSITS 4682667 UNCLAIMED CAPITAL CREDITS 2265426 DEFERRED COMPENSATION LIABILITY 1466961 OTHER 416324 13808455 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, 2025 AND 2024. THE COOPERATIVE RECEIVED AN UNMODIFIED (CLEAN) AUDIT OPINION FOR EACH OF THE YEARS ENDED MAY 31, 2025 AND 2024. X X X X X false true false WAYNE GOSSAGE JR PRESIDENT/CEO 223526 418 10236 44407 13023 291610 KENNETH L JOHNSON VP-LINE SERVICES 223593 1713 10295 51422 5356 292379 KIM SHARPE VP-CORPORATE SVCS. 216236 875 7650 50324 9554 284639 MARTIN G POTTER VP-INFORMATION SERV. 204255 150 2193 43596 9274 259468 CAMERON MARCHANT MGR. ENG. SERVICES 164120 482 1393 38235 8340 212570 LEVENSKI BROWN CONSTR. SUPERINTEND. 168546 233 1191 25801 8612 204383 CHARLES C DILLARD CEO - RETIRED 2024 131015 1484 116204 31648 7216 287567 SCHEDULE J, PAGE 1, PART I, LINE 4 OPHELIA MCCAIN 0 5,400 0 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. OPHELIA MCCAIN RECEIVED A DISTRIBUTION OF 5,400 FROM HER 457(B) ACCOUNT DURING 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 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 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. THE CORPORATION SUSTAINED SUBSTANTIAL DAMAGE TO ITS DISTRIBUTION SYSTEM IN SEPTEMBER 2024 DUE TO HURRICANE HELENE. AS A RESULT, A SIGNIFICANT AMOUNT OF OVERTIME WAS INCURRED BY JEFFERSON EMPLOYEES RESULTING IN A LARGER NUMBER OF EMPLOYEES RECEIVING COMPENSATION IN EXCESS OF 100,000 AS REPORTED ON PART VII, LINE 2. FORM 990, PART XI, LINE 9 DONATED CAPITAL 230,572 PATCAP ASSIGNED TO MEMBER CAPITAL ACCOUNTS 1,854,176 RETIRED CAPITAL CREDIT GAIN 119,618 CHANGE IN MEMBERSHIP FEES -3,935 RETIREMENT OF PATCAP -264,993 TOTAL 1,935,438 JEFFERSON ENERGY COOP FOUNDATION PO BOX 457 WRENS GA 30833 342009414 CHARITY GA 3 7 NA false false false false false false false false false false false false false false false true false false false false JEFFERSON ENERGY COOP FOUNDATION O 26226 FULLY-LOADED COST SCHEDULE R THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO JEFFERSON ENERGY COOPERATIVE FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZAITON. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY JEFFERSON ENERGY COOPERATIVE. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BEWTEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.