NonprofitsAlbemarle Electric Membership Corp

Albemarle Electric Membership Corp

HERTFORD, NC

Total revenue

$33.5M

Total expenses

$33.5M

Net assets

$46.6M

Grants received

EIN

560475840

Tax year

2024

Mission

Albemarle emc strives to safely deliver reliable power and related energy solutions to our members and local communities by providing the highest value through service excellence.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$33.4M
Investment income$144K
Other revenue
Total revenue$33.5M

Expenses

Grants paid
Salaries & benefits$405K
Fundraising
Other expenses$30.9M
Total expenses$33.5M
Total assets$100.4M
Net assets$46.6M

People

15 listed

NameRoleCompensation

KEVIN HEATH

EXEC VP/GM

Board

$225K

50 hrs/wk

JOHN W SPENCE

PRESIDENT

Board

$15K

4.83 hrs/wk

THELMA FINCH-COPELAND

SECRETARY

Board

$13K

2.37 hrs/wk

ALLEN LAYTON

DIRECTOR

Board

$12K

1.11 hrs/wk

T CHAD MATHEWS

TREASURER

Board

$12K

1.02 hrs/wk

ROBERT WHITEHEAD

VICE PRESIDE

Board

$11K

2.14 hrs/wk

LINDA FELTON BURRUS

DIRECTOR

Board

$11K

1.99 hrs/wk

MELVIN RAY ALBERTSON

DIRECTOR

Board

$11K

1.68 hrs/wk

JOSIAH A WEBB III

DIRECTOR

Board

$11K

0.7 hrs/wk

MICAHEL J WHITEHURST

DIRECTOR

Board

$4K

1.5 hrs/wk

CLARISSA PERRY

MGR OF CORPO

Staff

$147K

50 hrs/wk

BOBBY UPTON

CREW LEADER

Staff

$142K

40 hrs/wk

PAUL BYRUM

CREW LEADER

Staff

$140K

40 hrs/wk

ROY O'NEAL

MGR OF OPERA

Staff

$134K

50 hrs/wk

CHRISTOPHER WHITE

LINEMAN 1ST

Staff

$131K

40 hrs/wk

Details

EIN560475840
Subsection12
Ruling date1966-12
Formed1945
Employees45
ALBEMARLE ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo