2026-08-25T08:05:54-05:00 2025-12-31 351515068 MONROE SHINE & CO INC CPA'S PO BOX 1407 NEW ALBANY IN 471511407 990 2025-01-01 350418308 JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP JACK 8123584458 PO BOX K BROWNSTOWN IN 47220 MARK A MCKINNEY CEO & PRESIDENT 8123584458 2026-07-20 1 CHRISTOPHER M HAWKINS CPA P01291231 8129452311 2025 2025-03-06 01:10:19Z MARK A MCKINNEY PO BOX K BROWNSTOWN IN 47220 81419689 0 X WWW.JACKSONREMC.COM X 1937 IN DISTRIBUTION OF ELECTRICITY, FIBER-OPTIC BROADBAND, AND VOIP TELEPHONE SERVICE ON A COOPERATIVE BASIS. 9 9 90 0 38635 0 369073 496090 77781728 77983143 515196 599122 1810904 2335994 80476901 81414349 30400 31800 8743068 7842679 7075681 7392826 0 0 0 64627752 66147044 80476901 81414349 0 0 217295605 220192001 98803677 94377233 118491928 125814768 THE MISSION OF JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO DELIVER THE ADVANTAGES OF ELECTRICITY AND ESSENTIAL SERVICES TO ITS MEMBERS RELIABLY, ECONOMICALLY, AND RESPONSIBLY. 0 0 DISTRIBUTION OF ELECTRICITY, FIBER-OPTIC BROADBAND, AND VOIP TELEPHONE SERVICE TO APPROXIMATELY 20,400 MEMBERS ON A COOPERATIVE BASIS. 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 90 1 0 0 0 0 0 0 0 0 0 0 77890662 2186437 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X MARK A MCKINNEY 8123584458 PO BOX K BROWNSTOWN IN 47220 WALTER HUNTER PRESIDENT 4.20 X 22462 0 0 JOHN MILLER VICE PRESIDENT 3.80 X 17762 0 0 PAUL ELLIOTT SECRETARY 3.20 X 19762 0 0 RYAN ELEENOR DIRECTOR 3.40 X 19162 0 0 JOHN HACKMAN DIRECTOR 3.70 X 18312 0 0 DAVID HALL DIRECTOR 3.70 X 17562 0 0 JOHN TRINKLE DIRECTOR 6.00 X 18062 0 0 MARK TRISLER DIRECTOR 4.30 X 17562 0 0 CURTIS WISCHMEIER DIRECTOR 2.50 X 16524 0 0 MARK MCKINNEY CEO 50.00 X 382437 0 44793 BRAD PRITCHETT VP OF OPERATIONS & ENGINEE 40.00 X 185430 0 23451 NANCY STIDHAM VP OF COOPERATIVE SERVICES 50.00 X 174957 0 23348 BENJAMIN CONNER VP OF INFORMATION TECHNOLO 60.00 X 166526 0 21022 BRIAN COVERT LINE SUPERINTENDENT 45.00 X 154464 0 22152 STACIE DURHAM VP OF ACCOUNTING & FINANCE 55.00 X 152559 0 22033 1383543 0 156799 32 0 1 0 DELTA SERVICES LLC 4676 JENNING LANE LOUISVILLE KY 40218 ELECTRIC CONSTRUCTION 2459214 TONY D PETERS 3707 S ST RD 39 BROWNSTOWN IN 47220 FIBER & ELECTRIC CONSTRUCTION 1721380 H&L TREE TRIMMING INC PO BOX 982 NORTH VERNON IN 47265 TREE TRIMMING SERVICE 1002403 TOWNSEND TREE SERVICE COMPANY LLC PO BOX 7015 MUNCIE IN 47308 TREE TRIMMING SERVICE 738829 SCHWABISCH LLC PO BOX 22 NORMAN IN 47264 TREE TRIMMING SERVICE 505110 10 496090 496090 ELECTRIC REVENUE 221000 77944508 77944508 RESALE REVENUE 221000 38635 38635 77983143 508555 508555 1500 535765 0 0 1500 535765 537265 537265 90567 0 90567 90567 90567 5163 5340 -177 -177 PATRONAGE ALLOCATIONS 221000 1798906 1798906 1798906 81414349 80342359 38635 537265 31800 7842679 594400 6108653 248611 441162 1892022 9874623 COST OF POWER 44916783 DISTRIBUTIONS - MAINT 4149908 DISTRIBUTION - OPERATIO 2260355 CONSUMER ACCOUNTS 1749125 1304228 81414349 2002753 1999184 9857512 8557783 6720684 7124958 3593014 3169747 268837 267222 237496997 65979722 168138135 171517275 26714670 27555832 217295605 220192001 8948265 10102063 5577982 5624600 73565395 68601271 10712035 10049299 98803677 94377233 X 0 0 620310 620852 117871618 125193916 118491928 125814768 217295605 220192001 X 0 7322840 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 8401678 2659083 5742595 10061269 8165770 1895499 219014050 55154869 163859181 171517275 PATRONAGE CAPITAL - ASSOC. ORGANIZATIONS 27555832 C 27555832 ACCUMULATED POST RETIREMENT BENEFITS 2609876 CUSTOMER DEPOSITS 1066889 DEFERRED CREDITS 6372534 10049299 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE COOPERATIVE HAS ADOPTED FASB ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. THE COOPERATIVE IS NOT CURRENTLY BEING EXAMINED BY TAXING JURISDICTIONS AND MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD UNDER EXAMINATION. NO PROVISION FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AT DECEMBER 31, 2025. 1 HEATING ASSISTANCE TO LOW-INCOME CUSTOMERS 248 24800 CREDIT ON ELECTRIC ACCOUNT YOUTH SCHOOL SCHOLARSHIPS 4 4000 YOUTH TOUR 1 2100 CAMP KILOWATT 3 900 PART I, LINE 2: THE UTILITY'S "SHARE A WATT" PROGRAM PROVIDES A ONE-TIME $100 ASSISTANCE TO ELIGIBLE LOW-INCOME CUSTOMERS. IN 2025, 248 CUSTOMERS WERE EACH GIVEN A $100 BILL CREDIT TO THEIR ELECTRIC ACCOUNT. FOUR YOUTHS WERE SELECTED FOR A ONE-TIME $1000 CHECK TO USE AS A SCHOLARSHIP TO THE SCHOOL OF CHOICE. A ONE-TIME $2100 CHECK FOR ONE YOUTH TO ATTEND THE 2025 YOUTH TOUR. A ONE-TIME $300 CHECK FOR THREE YOUTHS TO ATTEND THE 2025 CAMP KILOWATT. X X X X X 0 0 0 MARK MCKINNEY CEO 382437 0 0 0 0 0 0 0 0 44793 382437 44793 0 0 BRAD PRITCHETT VP OF OPERATIONS & ENGINEE 185430 0 0 0 0 0 0 0 0 23451 185430 23451 0 0 NANCY STIDHAM VP OF COOPERATIVE SERVICES 174957 0 0 0 0 0 0 0 0 23348 174957 23348 0 0 BENJAMIN CONNER VP OF INFORMATION TECHNOLO 166526 0 0 0 0 0 0 0 0 21022 166526 21022 0 0 BRIAN COVERT LINE SUPERINTENDENT 154464 0 0 0 0 0 0 0 0 22152 154464 22152 0 0 STACIE DURHAM VP OF ACCOUNTING & FINANCE 152559 0 0 0 0 0 0 0 0 22033 152559 22033 0 0 FORM 990, PART VI, SECTION A, LINE 6 JACKSON COUNTY REMC IS A COOPERATIVE OWNED BY APPROXIMATELY 20,400 MEMBERS WHO HAVE POWER TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBERSHIP IS ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY THE GOVERNING BODY FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE CEO/PRESIDENT AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 INTANDEM, LLC DOES A COMPENSATION ANALYSIS FOR ALL POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET RETIREMENT OF PATRONAGE CAPITAL TO MEMBERS -2,649,826. INCREASE IN MEMBERSHIPS 542. CHANGE IN OTHER COMPREHENSIVE INCOME 1,217,423. 2025 MARGINS ALLOCATED TO MEMBERS 7,842,679. DONATED CAPITAL 912,022. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR