NonprofitsFrench Broad Electric Membership Corporation

French Broad Electric Membership Corporation

MARSHALL, NC

Total revenue

$87.8M

Total expenses

$86.9M

Net assets

$52.9M

Grants received

EIN

560229234

Tax year

2024

Mission

Safe and effective distribution of electricity to members of french broad emc.

Financials

FY 2024

Revenue

Contributions & grants$4.1M
Program service revenue$82.0M
Investment income$331K
Other revenue$1.3M
Total revenue$87.8M

Expenses

Grants paid
Salaries & benefits$20.1M
Fundraising
Other expenses$66.3M
Total expenses$86.9M
Total assets$201.5M
Net assets$52.9M

People

21 listed

NameRoleCompensation

JEFFERY LOVEN

GENERAL MANA

Board

$431K

50 hrs/wk

PHYLLIS HOLT

OFFICE MANAG

Board

$233K

47 hrs/wk

MARK SNELSON

DIRECTOR

Board

$44K

13 hrs/wk

GARY T WILDE

TREASURER

Board

$41K

13 hrs/wk

JAMES M RAY

VICE PRESIDE

Board

$39K

13 hrs/wk

JILL AUSTIN

DIRECTOR

Board

$39K

13 hrs/wk

JOHN L CHANDLER

PRESIDENT

Board

$37K

12 hrs/wk

CHAD BRADLEY

DIRECTOR

Board

$37K

11 hrs/wk

PAUL BADGLEY

DIRECTOR

Board

$37K

12 hrs/wk

CARL RAMSEY

DIRECTOR

Board

$36K

11 hrs/wk

JERRY GRIFFITH

DIRECTOR

Board

$36K

11 hrs/wk

KEITH A KUHNE

DIRECTOR

Board

$36K

11 hrs/wk

GORDON RANDOLPH

SECRETARY

Board

$20K

13 hrs/wk

GREGORY FOWLER

DISTRICT MAN

Staff

$239K

50 hrs/wk

TRACY EVANS

DISTRICT MAN

Staff

$213K

50 hrs/wk

HUGH R FLEMING

OPERATIONS M

Staff

$196K

60 hrs/wk

DONALD R WEBB

ENG. & OPR.

Staff

$192K

52 hrs/wk

REALIGH PEEK

FIBER CREW L

Staff

$182K

56 hrs/wk

DEWEY R WILLS

SERVICE TECH

Staff

$170K

59 hrs/wk

TOBY BRYANT

LINE CREW LE

Staff

$157K

50 hrs/wk

WILLIAM ROBERTS

LINE CREW LE

Staff

$154K

53 hrs/wk

Independent contractors

CVO ENTERPRISES INC

FIBER WORK

$5.1M

PHILLIPS & JORDAN

UTILITY WORK

$4.7M

R & K TREE SERVICE

RIGHT OF WAY

$3.0M

HERITAGE EXTERIOR MAINTENANCE

RIGHT OF WAY

$2.7M

HERITAGE TREE SERVICE

RIGHT OF WAY

$2.4M

Details

EIN560229234
Subsection12
Ruling date1966-12
Formed1939
Employees142
FRENCH BROAD ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo