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Nonprofit · EIN 37-0394535

M J M ELECTRIC COOPERATIVE INC

Tax-exempt · CARLINVILLE, IL 62626

Financials

$20.6M$20.6M2021$22.4M$22.4M2022$23M$23M2023$22.9M$22.9M2024$25.5M$25.5M2025
Revenue Expenses · by fiscal year end
Financials of M J M ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$25,492,724$25,492,724$0$74,735,783$41,251,513$33,484,270
December 31, 2024990$22,937,471$22,937,471$0$69,939,203$37,380,863$32,558,340
December 31, 2023990$22,964,060$22,964,060$0$65,622,128$33,118,337$32,503,791
December 31, 2022990 (amended)$22,406,705$22,406,705$0$62,951,279$31,934,308$31,016,971
December 31, 2021990 (amended)$20,636,262$20,636,262$0$60,033,059$30,809,613$29,223,446
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$25,333,740
Investment income
$62,466
Net rental income
$13,442
Net income from sales of inventory
$19,372
Other revenue
$96,518

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,477,971
Compensation of officers, directors and key employees
$418,417
Salaries, compensation and benefits (total)
$418,417
Professional fundraising fees
$0
Depreciation
$2,296,897

Balance sheet and other

Total assets, start of year
$69,939,203
Total assets, end of year
$74,735,783
Total liabilities, end of year
$41,251,513
Net assets, end of year
$33,484,270
Land, buildings and equipment
$60,299,135
Gross receipts
$25,650,788
Employees
46
Volunteers
0
Year formed
1939
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Randy Joe HeyenPresident CEO
Key employee
50$212,911$51,016
Jared StantonLine Foreman
Highest-paid employee
45$161,203$45,099
Douglass EgelhoffLine Foreman
Highest-paid employee
45$158,393$45,099
Matthew WatersLine Foreman
Highest-paid employee
45$156,987$44,368
Charles LucykowLine Foreman
Highest-paid employee
45$153,283$45,095
Adam CroweLine Foreman
Highest-paid employee
45$140,833$44,372
Brian GunningAccounting and Finance Manager
Key employee
42.5$91,267$30,412
Marcie TonsorSecretary
Officer
3$6,300$0
Todd StewartBoard Chairman
Trustee or director
5$5,600$0
Charles HuebenerVice Chairman
Officer
5$4,925$0
Frank WellingTreasurer
Officer
3$4,275$0
Dwayne MilnerDirector
Trustee or director
3$4,250$0
Tyler HeyenDirector
Trustee or director
3$3,836$0
James NiemannDirector
Trustee or director
3$3,625$0
W Kay SchultzBoard Chairman
Former
5$1,581$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
Randy Joe HeyenPresident CEO
Key employee
50$195,659$96,566
Charles LucykowLine Foreman
Highest-paid employee
45$161,581$42,848
Adam CroweLine Foreman
Highest-paid employee
45$146,735$35,539
Matthew WatersLine Foreman
Highest-paid employee
45$155,902$24,120
Douglass EglehoffLine Foreman
Highest-paid employee
45$130,209$40,289
Jared StantonLine Foreman
Highest-paid employee
45$132,933$31,079
Jeremy PattilloDirector of Finance
Former
43$63,198$16,626
Brian GunningDirector of Finance
Key employee
43$39,028$0
W Kay SchultzBoard Chairman
Officer
5$6,300$0
Todd StewartDirector
Trustee or director
3$6,300$0
Charles HuebenerVice Chairman
Officer
5$6,075$0
Marcie TonsorSecretary
Officer
3$4,950$0
Robert MooreTreasurer
Officer
3$3,600$0
James NiemannDirector
Trustee or director
3$3,600$0
Robert LehmannDirector
Trustee or director
3$3,375$0
Tyler HeyenDirector
Trustee or director
3$3,375$0
Dwayne MilnerDirector
Trustee or director
3$2,700$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
Randy Joe HeyenPresident CEO
Key employee
50$135,941$98,909
John HalderLine Foreman
Highest-paid employee
45$125,679$62,144
Jared StantonLine Foreman
Highest-paid employee
45$138,859$29,683
Charles LucykowLine Foreman
Highest-paid employee
45$124,777$41,678
Adam CroweLine Foreman
Highest-paid employee
45$127,077$36,514
Douglass EglehoffLine Foreman
Highest-paid employee
45$116,493$36,235
Jeremy PattilloDirector of Finance
Key employee
43$92,114$30,104
Charles HuebenerVice Chairman
Officer
5$7,975$0
W Kay SchultzBoard Chairman
Officer
5$6,175$0
Tyler HeyenDirector
Trustee or director
3$4,825$0
James NiemannDirector
Trustee or director
3$4,725$0
Todd StewartDirector
Trustee or director
3$4,725$0
Dwayne MilnerDirector
Trustee or director
3$4,050$0
Robert MooreTreasurer
Officer
3$3,825$0
Marcie TonsorSecretary
Officer
3$3,375$0
Robert LehmannDirector
Trustee or director
3$3,375$0
990 for the year ended December 31, 2022: 15 people
NameTitleHours / weekCompensationOther / benefits
Randy Joe HeyenPresident CEO
Key employee
50$123,303$87,042
Dale GanszLine Foreman
Highest-paid employee
46$131,913$59,597
Charles LucykowArea Utility Leader
Highest-paid employee
45$132,456$50,822
Adam CroweLine Foreman
Highest-paid employee
45$133,138$48,234
John HalderLine Foreman
Highest-paid employee
45$109,197$71,385
Peter EvansLine Foreman
Highest-paid employee
45$110,131$68,956
Jeremy PattilloDirector of Fiannce
Key employee
43$84,533$30,396
Charles HuebenerVice Chairman
Officer
5$5,500$0
James NiemannDirector
Trustee or director
3$4,600$0
Marcie TonsorSecretary
Officer
3$3,475$0
W Kay SchultzBoard Chairman
Officer
5$3,300$0
Robert LehmannDirector
Trustee or director
3$3,250$0
Dwayne MilnerDirector
Trustee or director
3$3,050$0
Robert MooreTreasurer
Officer
3$3,025$0
Tyler HeyenDirector
Trustee or director
3$2,575$0
990 for the year ended December 31, 2021: 17 people
NameTitleHours / weekCompensationOther / benefits
Laura CutlerPresident CEO
Key employee, Highest-paid employee
57$167,998$147,641
Randy HeyenDirector of Operations
Key employee
49$117,602$81,827
Pete EvansLine Foreman
Highest-paid employee
45$118,301$72,981
John HalderLine Foreman
Highest-paid employee
44$122,808$68,280
Dale GanszLine Foreman
Highest-paid employee
46$123,907$58,534
Adam CroweLine Foreman
Highest-paid employee
47$124,258$47,536
Charles LucykowArea Utility Leader
Highest-paid employee
45$116,801$50,259
Jeremy PattilloDirector of Accounting
Key employee
42$79,458$23,582
Robert MooreTreasurer
Trustee or director, Officer
3$6,778$0
William HeyenSecretary
Trustee or director, Officer
3$6,684$0
W Kay SchultzChairman
Trustee or director, Officer
5$6,609$0
Dennis StewartVice Chairman
Trustee or director, Officer
3$6,490$0
Robert LehmannDirector
Trustee or director
3$4,733$0
Charles HuebenerDirector
Trustee or director
3$4,725$0
James NiemannDirector
Trustee or director
3$4,275$0
Marcie TonsorDirector
Trustee or director
3$4,275$0
Dwayne MilnerDirector
Trustee or director
3$2,700$0

Address and contacts

Address (IRS master file)
18300 SHIPMAN RD, CARLINVILLE, IL 62626-2493
In care of
% RANDY JOE HEYEN
Principal officer (990 for 2025)
Randy Joe Heyen, 18300 SHIPMAN RD, CARLINVILLE, IL 626262493
Signed the 990
Brian Gunning, Accounting & Finance Manager
Phone
(217) 707-6156

Mission

To safely provide reliable energy and related services to our members at the lowest cost.

990 for the year ended December 31, 2025

Program accomplishments

  • MJM Electric is located in west-central Illinois. The Cooperatives main territory stretches from western Jersey County bordered by the Illinois River across Macoupin County to Eastern Montgomery County. They also service parts of neighboring Bond Fayette Greene and Madison Counties.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-0394535
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$74,735,783
Income (IRS master file)
$25,650,788

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$25,492,724$25,492,724$74,735,783XML
990December 2024$22,937,471$22,937,471$69,939,203XML
990December 2023$22,964,060$22,964,060$65,622,128XML
990December 2022$22,406,705$22,406,705$62,951,279XML
990December 2021$20,636,262$20,636,262$60,033,059XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-0394535).

Questions about M J M ELECTRIC COOPERATIVE INC

What is the EIN of M J M ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of M J M ELECTRIC COOPERATIVE INC is 37-0394535.
Is M J M ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1943.
Are donations to M J M ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does M J M ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of M J M ELECTRIC COOPERATIVE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did M J M ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of M J M ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 names Randy Joe Heyen.
Who are the officers and directors of M J M ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $212,911 (Randy Joe Heyen, President CEO).
How much revenue does M J M ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $25,492,724, expenses of $25,492,724 and total assets of $74,735,783 at year end.

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