JACKSON ENERGY COOPERATIVE

EIN: 610236351

MCKEE, KY

Total Revenue
$128,716,370
Total Expenses
$128,716,370
Total Assets
$301,615,875
Net Assets
$130,700,728
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
KY
Principal Officer
CAROL WRIGHT
Phone
6063641000
Tax Period
2024-01-01 to 2024-12-31

JACKSON ENERGY COOPERATIVE, founded in 1938, is a major nonprofit that reported $128.7M in total revenue in fiscal year 2024.

Mission

DISTRIBUTION SALES OF ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $125,097,518
Investment Income $136,243
Other Revenue $3,482,609
TOTAL REVENUE $128,716,370

Expense Breakdown

Grants Paid $13,825
Salaries & Benefits $16,959,373
Fundraising Expenses $0
Program Expenses $128,716,370
Other Expenses $113,676,960
TOTAL EXPENSES $128,716,370

Year-over-Year Comparison

2024 2023 Change
Revenue $128,716,370 $123,029,209 +0.0%
Expenses $128,716,370 $123,029,209 +0.0%
Net Income $0 $0 N/A
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
122
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$55,300
Total Directors
9
$151,100
Key Employees
1
$450,091
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BRIAN COOKE DIRECTOR 8.00
Director
$16,800 $0 $16,800
WESLEY BLAKE SLOAN DIRECTOR 6.00
Director
$12,200 $0 $12,200
TIM BOBROWSKI DIRECTOR 7.60
Director
$17,200 $0 $17,200
TERESA DAWES SECRETARY-TREASURER 6.50
Officer Director
$19,400 $0 $19,400
GORDON PHILLIPS DIRECTOR 7.80
Director
$17,600 $0 $17,600
JIM HAYES III DIRECTOR 6.70
Director
$15,400 $0 $15,400
LANDIS CORNETT VICE CHAIRMAN 7.00
Officer Director
$16,500 $0 $16,500
WILLIAM LARKEY DIRECTOR 7.70
Director
$16,600 $0 $16,600
PHILLIP THOMPSON CHAIRMAN 7.70
Officer Director
$19,400 $0 $19,400
VIRGINIA CAROL WRIGHT PRESIDENT & CEO 60.00
Key Emp
$342,248 $107,843 $450,091
JAMES YORK DISTRICT SUPERVISOR 44.50
Highest
$125,359 $43,754 $169,113
JONATHAN TILLERY WORKING FOREMAN 52.08
Highest
$136,679 $33,652 $170,331
JEFFREY HENDERSON VP OF E&O 42.60
Highest
$153,595 $64,315 $217,910
APRIL RENNER VP OF CORPORATE SVCS 46.48
Highest
$160,960 $34,287 $195,247
JAMES PARRETT SERVICE TECH / LINEMAN 52.76
Highest
$124,144 $43,138 $167,282
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $128,716,370 $128,716,370 $301,615,875 No data
2023 $123,029,209 $123,029,209 $297,787,078 No data
2022 $131,798,602 $131,798,602 $302,207,183 No data
2021 $109,799,636 $109,799,636 $284,949,026 No data
2020 $100,016,869 $100,016,869 $274,076,408 No data
2019 $105,143,552 $105,143,552 $269,340,780 No data
2018 $109,333,235 $109,333,235 $265,510,344 No data
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