NonprofitsHaywood Electric Membership Corporation

Haywood Electric Membership Corporation

WAYNESVILLE, NC

Total revenue

$53.8M

Total expenses

$53.0M

Net assets

$63.9M

Grants received

$47K

5 grants

EIN

560193499

Tax year

2024

Mission

To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$53.6M
Investment income$152K
Other revenue
Total revenue$53.8M

Expenses

Grants paid
Salaries & benefits$669K
Fundraising
Other expenses$49.2M
Total expenses$53.0M
Total assets$178.8M
Net assets$63.9M

People

13 listed

NameRoleCompensation

THOMAS H BATCHELOR JR

EXEC. VP/CEO

Board

$366K

50 hrs/wk

L STEPHEN FOSTER

DIRECTOR

Board

$54K

4 hrs/wk

JAMES BOYETTE

DIRECTOR

Board

$53K

6 hrs/wk

LUCAS SORRELLS

VICE PRESIDE

Board

$30K

6 hrs/wk

CLAY TALLEY

SEC./TREASUR

Board

$27K

6 hrs/wk

DAVID NOLAND

ASST. SEC./T

Board

$18K

3 hrs/wk

LARRY CLARK

PRESIDENT

Board

$16K

11 hrs/wk

ALAN ISRAEL

DIRECTOR

Board

$3K

5 hrs/wk

JOHN BOATE

ASSISTANT GM

Staff

$185K

40 hrs/wk

JOHN CARVER

TEAM LEADER

Staff

$155K

40 hrs/wk

JOSHUA DEAVER

COO

Staff

$148K

40 hrs/wk

JOHN RAINES

TEAM LEADER

Staff

$145K

40 hrs/wk

STEVEN MILNER

MGR. OF OPER

Staff

$141K

40 hrs/wk

Independent contractors

ASPLUNDH TREE EXPERT LLC

TREE SERVICE

$1.3M

BAILEY'S MULCHING AND LAND CLEARING

ROW CLEARING

$168K

J W RAYDER

ATTORNEY

$108K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$10K
EDUCATIONAL ASSISTANCE
2024
$10K
EDUCATIONAL ASSISTANCE
2023
$10K
EDUCATIONAL ASSISTANCE
2022
$9K
EDUCATIONAL ASSISTANCE
2021
$9K
EDUCATIONAL ASSISTANCE
2020

Funded by

$47K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$47K · 5 grants · 2020–2024

Details

EIN560193499
Subsection12
Ruling date1961-03
Formed1938
Employees82
HAYWOOD ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo