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  4. Jones-Onslow Electric Membership Corporation (JOEMC)
EIN 56-0283268

Jones-Onslow Electric Membership Corporation (JOEMC)

IRS 501(c) type
501(c)(12)
Num. employees
194
City
Jacksonville
State
North Carolina
Year formed
1939
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Jones-Onslow Electric Membership Corporation's mission is to provide superior electric and customer service at competitive prices while striving to improve the quality of life for our customers. Jones-Onslow Electric Membership Corporation is an electric distribution cooperative located in Jacksonville, North Carolina. The cooperative provides electric utility service to over 58,000 southeastern homes and businesses in Jones, Onslow, Pender, Duplin, Lenoir and Craven counties. The Main Office is located in Jacksonville and the District Office is located in Sneads Ferry.
Total revenues
$159,869,087
2023
Total expenses
$156,625,850
2023
Total assets
$378,771,852
2023
Num. employees
194
2023

Program areas at JOEMC

Rural Electric cooperative providing Electric services to approximately 79,000 members. The three largest program services as measured by expenses were as follows: cost of power 102,057,955 other salaries and wages 14,612,484 depreciation 13,590,145

Who funds Jones-Onslow Electric Membership Corporation (JOEMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$13,192

Financials for JOEMC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$159,339,818
Investment income and dividends$190,879
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$316,654
Net gain from sale of non-inventory assets$-15,824
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$37,560
Total revenues$159,869,087

Organizations like JOEMC

OrganizationLocationRevenue
Blue Ridge Electric Membership CorporationLenoir, NC$161,962,785
Valley Electric AssociationPahrump, NV$117,610,413
Federated Rural ElectricJackson, MN$43,636,170
La Plata Electric AssociationDurango, CO$114,201,372
Navopache Electric Cooperative IncorporatedLakeside, AZ$63,579,633
Southwest Tennessee Electric Membership CorporationBrownsville, TN$132,788,370
Kit Carson Electric CooperativeTaos, NM$59,264,641
Powder River Energy CorporationSundance, WY$189,443,702
A and N Electric CooperativeTasley, VA$87,638,423
South Plains Electric CooperativeLubbock, TX$191,206,295
Data update history
February 16, 2025
Updated personnel
Identified 1 new personnel
February 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 19, 2025
Updated personnel
Identified 1 new personnel
January 6, 2025
Used new vendors
Identified 1 new vendor, including
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $13,192 from North Carolina Electric Membership Corporation
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government funding
General information
Address
259 Western Blvd
Jacksonville, NC 28546
Metro area
Jacksonville, NC
County
Onslow County, NC
Website URL
joemc.com/ 
Phone
(910) 353-1940
IRS details
EIN
56-0283268
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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