Overview

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Est.

2000

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Jackson Electric Membership Corporate VEBA Trust, identified by EIN 58-6425119, is dedicated to providing specific retiree health benefits for employees of Jackson Electric Membership Corporation (Jackson EMC). With an operating budget of $96.6K and total revenue of $13.7M for the filing year 2025, the organization primarily relies on contributions from Jackson EMC and investment earnings to fund health insurance for retirees.

Mission Statement

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.
Revenues
$13.7M
Expenses
$5.6M
Net Income:
+$8M
Assets
$118.3M
Liabilities
$5.5M
Net Assets:
+$112.7M
Operating Budget
$96.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
Truist
Board Member
D
David Brown
Executive
S
Suntrust Bank
Board Member

Frequently Asked Questions

What is JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST’s budget?
In 2025, JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST reported an annual operating budget of around $97 thousand. More detailed financial information is available to registered users.
What causes does JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST support?
JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST supports work in Health, Health insurance, Insurance, Personal services, and Voluntary Employees Beneficiary Associations.
Where does JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST operate?
JACKSON ELECTRIC MEMBERSHIP CORPORA VEBA TRUST is headquartered in Jefferson, GA.