NonprofitsFour County Electric Membership Corp

Four County Electric Membership Corp

BURGAW, NC

Total revenue

$115.0M

Total expenses

$108.5M

Net assets

$108.5M

Grants received

$79K

7 grants

EIN

560227152

Tax year

2024

Mission

To provide highly reliable electric services, innovative energy solutions and outstanding service to our members and communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$114.1M
Investment income$925K
Other revenue
Total revenue$115.0M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising
Other expenses$104.3M
Total expenses$108.5M
Total assets$275.4M
Net assets$108.5M

People

18 listed

NameRoleCompensation

DONALD L GATTON

CHIEF EXECUTIVE OFFICER

Board

$317K

40 hrs/wk

GARY W CHITWOOD

CHIEF FINANCIAL OFFICER

Board

$243K

40 hrs/wk

GREGG A COHN

VICE PRESIDENT ENGINEERING

Board

$204K

40 hrs/wk

FRANKLIN S COOK

VICE PRESIDENT OPERATIONS

Board

$158K

40 hrs/wk

GREGORY S SAGER

VICE PRESIDENT MEMBER SERVICES

Board

$144K

40 hrs/wk

JENNIFER M HEDGE

VICE PRESIDENT HUMAN RESOURCES

Board

$139K

40 hrs/wk

ANTHONY A KENT

VICE PRESIDENT INFORMATION TECHNOLOGY

Board

$128K

40 hrs/wk

CHARLES E REYNOLDS

VICE PRESIDENT OF FINANCE AND ACCOUNTING

Board

$125K

40 hrs/wk

CLAYTON HOLLINGSWORTH

BOARD DIRECTOR

Board

$24K

8.75 hrs/wk

KENNETH THORNTON

BOARD VICE PRESIDENT

Board

$23K

7.5 hrs/wk

GENE JORDAN

BOARD SECRETARY/TREASURER

Board

$23K

7 hrs/wk

MARY ROSE

BOARD DIRECTOR

Board

$23K

6.75 hrs/wk

FRANKLIN WILLIAMS

BOARD PRESIDENT

Board

$21K

5.75 hrs/wk

STEVE MATTHIS

BOARD DIRECTOR

Board

$19K

4.25 hrs/wk

ARLESTER FULLWOOD

BOARD DIRECTOR

Board

$19K

4.75 hrs/wk

BERTICE LANIER

BOARD DIRECTOR

Board

$19K

2.75 hrs/wk

RONALD J ALLEN

BOARD DIRECTOR

Board

$19K

5.25 hrs/wk

CARLTON RAYNOR

BOARD DIRECTOR

Board

$18K

4.25 hrs/wk

Independent contractors

C-PHASE SERVICES LLC

CONSTRUCTION

$3.4M

ROWE TREE CO

TREE CREWS

$1.3M

MERIDIAN COOPERATIVE INC

DATA PROCESSING

$1.1M

DPH GENERAL CONTRACTORS LLC

CONSTRUCTION LINE CREW

$711K

KENNEDY TREE SERVICE

TREE CREWS

$620K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$8K
EDUCATIONAL ASSISTANCE
2024
$18K
EDUCATIONAL ASSISTANCE
2023
$8K
EDUCATIONAL ASSISTANCE
2022
$7K
EDUCATIONAL ASSISTANCE
2021
$15K
EDUCATIONAL ASSISTANCE
2020
$15K
EDUCATIONAL ASSISTANCE
2020
$7K
EDUCATIONAL ASSISTANCE
2020

Funded by

$79K from 1 funder · 7 grants · 2020–2024

North Carolina Electric Membership

$79K · 7 grants · 2020–2024

Details

EIN560227152
Subsection12
Ruling date1966-12
Formed1937
Employees115
Volunteers0
FOUR COUNTY ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo