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Nonprofit · EIN 58-6425119

JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR

Also known as PUGH RANDALL TTEE

Tax-exempt · JEFFERSON, GA 30549

Financials

$17.1M$5M2023$13.7M$5.6M2024
Revenue Expenses · by fiscal year end
Financials of JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$13,658,870$5,642,625$8,016,245$118,290,836$5,546,071$112,744,765
May 31, 2024990$17,086,777$5,013,394$12,073,383$109,651,940$4,923,420$104,728,520
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,923,420
Investment income
$6,741,172
Net gain from sales of assets
$3,305,056
Other revenue
$1,994,278

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,546,071
Compensation of officers, directors and key employees
$96,554
Salaries, compensation and benefits (total)
$96,554
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$109,651,940
Total assets, end of year
$118,290,836
Total liabilities, end of year
$5,546,071
Net assets, end of year
$112,744,765
Net assets without donor restrictions
$112,744,765
Gross receipts
$46,154,025
Employees
0
Year formed
2000
State of legal domicile
GA

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TRUISTTRUSTEE
Institutional trustee
5$0$96,554
990 for the year ended May 31, 2024: 1 people
NameTitleHours / weekCompensationOther / benefits
TRUISTTRUSTEE
Institutional trustee
5$0$89,974

Address and contacts

Address (IRS master file)
850 COMMERCE RD, JEFFERSON, GA 30549-3329
Principal officer (990 for 2024)
TRUIST, 303 PEACHTREE STREET NE, ATLANTA, GA 30308
Signed the 990
DAVID BROWN, TRUIST BANK
Phone
(706) 367-5281
Return prepared by
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC

Mission

PROVIDE CERTAIN RETIREE HEALTH BENEFITS FOR THOSE EMPLOYEES OF JACKSON ELECTRIC MEMBERSHIP CORPORATION (JACKSON EMC)COVERED BY THE TRUST. VEBA REVENUES CONSIST OF CONTRIBUTIONS FROM JACKSON EMC (A TAX-EXEMPT ORGANIZATION) AND INVESTMENT EARNINGS FROM ITS ASSETS. ALL REVENUES ARE TO BE USED FOR PROVIDING HEALTH INSURANCE FOR RETIREES.

990 for the year ended May 31, 2025

Program accomplishments

  • N/A - CORPORATION IS EXEMPT UNDER IRC SECTION 510 (C) (9)

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
58-6425119
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2001
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$118,290,836
Income (IRS master file)
$46,154,025

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$13,658,870$5,642,625$118,290,836XML
990May 2024$17,086,777$5,013,394$109,651,940XML
990May 2023$2,771,091$4,727,002$97,292,023IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2020–––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 58-6425119).

Questions about JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR

What is the EIN of JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR?
The employer identification number (EIN) of JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR is 58-6425119.
Is JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2001.
Are donations to JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR 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 JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR?
The 990 for the year ended May 31, 2025 names TRUIST.
Who are the officers and directors of JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR?
The 990 for the year ended May 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does JACKSON ELECTRIC MEMBERSHIP CORPORATION VEBA TR have?
On its 990 for the year ended May 31, 2025 it reported revenue of $13,658,870, expenses of $5,642,625 and total assets of $118,290,836 at year end.

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