NonprofitsCentral Electric Membership Corp

Central Electric Membership Corp

SANFORD, NC

Total revenue

$62.2M

Total expenses

$62.9M

Net assets

$65.2M

Grants received

$5K

1 grants

EIN

560478157

Tax year

2024

Mission

Safe and effective distribution of electricity to the members of central emc

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$61.3M
Investment income$28K
Other revenue$846K
Total revenue$62.2M

Expenses

Grants paid$15K
Salaries & benefits$8.2M
Fundraising
Other expenses$53.3M
Total expenses$62.9M
Total assets$138.0M
Net assets$65.2M

People

19 listed

NameRoleCompensation

EDWARD B OLDHAM

CEO & GEN. M

Board

$253K

40 hrs/wk

TABITHA L WHITLOW

VP FIN & ACT

Board

$169K

40 hrs/wk

ANGELA D HARE

VP OF CUSTOM

Board

$158K

40 hrs/wk

JODY B ALBRIGHT

VP OF MEMBER

Board

$156K

40 hrs/wk

REBECCA G PASCHAL-COGAN

PRESIDENT

Board

$27K

5.72 hrs/wk

CHARLES E CAMERON SR

DIRECTOR

Board

$26K

5.72 hrs/wk

C HENRY OUTZ JR

DIRECTOR

Board

$22K

4.43 hrs/wk

J THOMAS DALRYMPLE

VICE-PRESIDE

Board

$22K

5.55 hrs/wk

NANCY G HOLMES

DIRECTOR

Board

$22K

2.73 hrs/wk

HENRY RANDOLPH

DIRECTOR

Board

$21K

3.69 hrs/wk

JAMES B BROOKS

SECRETARY-TR

Board

$21K

2.27 hrs/wk

TIMOTHY W PRIEST

DIRECTOR

Board

$20K

7.08 hrs/wk

W PHILLIP THOMPSON JR

ASST. SECRET

Board

$20K

4.15 hrs/wk

L FRANK COMER III

DIRECTOR

Board

$12K

2.89 hrs/wk

TERRY COLLINS

MANAGER OF O

Staff

$131K

40 hrs/wk

MARTIN JESSUP

OVERHEAD FOR

Staff

$117K

40 hrs/wk

JAMES TAYLOR

MGR PAYROLL/

Staff

$117K

40 hrs/wk

JILL ADCOCK

DIR OF CUST

Staff

$116K

40 hrs/wk

NATHAN STEPHENS

MGR OF ENGIN

Staff

$112K

40 hrs/wk

Independent contractors

LEE ELECTRICAL CONSTRUCTION

OH & UG CONST

$2.9M

XYLEM TREE EXPERTS

ROW MAINTENANCE

$1.5M

LEWIS TREE SERVICE

ROW MAINTENANCE

$400K

COOPERATIVE SERVICES CENTER

HUMAN RESOURCES

$309K

UNION POWER

ANSWERING SVCS

$219K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
EDUCATIONAL ASSISTANCE
2023

Funded by

$5K from 1 funder · 1 grant · 2023

Details

EIN560478157
Subsection12
Ruling date1966-12
Formed1941
Employees70
CENTRAL ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo