NonprofitsLumbee River Electric Membership Corporation

Lumbee River Electric Membership Corporation

PEMBROKE, NC

Total revenue

$169.6M

Total expenses

$170.7M

Net assets

$167.8M

Grants received

$59K

5 grants

EIN

560305124

Tax year

2024

Mission

Safe and effective distribution of electricity to the members of lremc.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$168.7M
Investment income$621K
Other revenue$194K
Total revenue$169.6M

Expenses

Grants paid
Salaries & benefits$15.8M
Fundraising
Other expenses$149.8M
Total expenses$170.7M
Total assets$419.6M
Net assets$167.8M

People

20 listed

NameRoleCompensation

JON T LOCKLEAR

PRESIDENT &

Board

$277K

40 hrs/wk

DANIEL LEONARD

CFO

Board

$172K

40 hrs/wk

ERIC LOCKLEAR

DIRECTOR

Board

$23K

5 hrs/wk

RON ANDERSON

DIRECTOR

Board

$20K

3 hrs/wk

RORY C EDDINGS

CHAIRMAN

Board

$20K

4 hrs/wk

SHARON BURNETTE

DIRECTOR

Board

$19K

4 hrs/wk

SILVA CHAVIS

SECRETARY

Board

$17K

3 hrs/wk

RONALD G HAMMONDS

DIRECTOR

Board

$16K

2 hrs/wk

KIRK LOWERY

TREASURER

Board

$16K

2 hrs/wk

MARY BETH LOCKLEAR

DIRECTOR

Board

$16K

3 hrs/wk

ROGER OXENDINE

VICE CHAIRMA

Board

$16K

2 hrs/wk

RHONDA M GOINS-DIAL

DIRECTOR

Board

$16K

2 hrs/wk

JAMES HARDIN

DIRECTOR

Board

$16K

2 hrs/wk

ANTHONY HUNT

DIRECTOR

Board

$15K

2 hrs/wk

SHERRY CARTER

DIRECTOR

Board

$15K

2 hrs/wk

JOHN DYSON

COO

Staff

$203K

42 hrs/wk

WILLIAM DOCKERY

SUP OF OPERA

Staff

$181K

57 hrs/wk

RUBY QUICK

VP MEMBER SR

Staff

$178K

42 hrs/wk

STEVEN DAVIS

VP INFO TECH

Staff

$174K

40 hrs/wk

ROMA HUSSEY

VP OF HR

Staff

$158K

40 hrs/wk

Independent contractors

EAST COAST ELECTRICAL

CONSTRUCTION

$4.6M

BURDORD'S TREE INC

TREE TRIMMING

$3.2M

PG COMMUNICATIONS LLC

FIBER CONST.

$2.1M

LEE ELECTRICAL CONSTRUCTION

CONSTRUCTION

$2.0M

DIRECTIONAL SERVICES INC

ELECTRICAL

$1.8M

Grants received

Showing 5 of 5

FromAmountPurposeYear
$12K
EDUCATIONAL ASSISTANCE
2024
$12K
EDUCATIONAL ASSISTANCE
2023
$12K
EDUCATIONAL ASSISTANCE
2022
$11K
EDUCATIONAL ASSISTANCE
2021
$11K
EDUCATIONAL ASSISTANCE
2020

Funded by

$59K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$59K · 5 grants · 2020–2024

Details

EIN560305124
Subsection12
Ruling date1966-12
Formed1940
Employees143
LUMBEE RIVER ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo