NonprofitsPee Dee Electric Membership Corporation

Pee Dee Electric Membership Corporation

LILESVILLE, NC

Total revenue

$56.8M

Total expenses

$57.4M

Net assets

$80.4M

Grants received

$29K

5 grants

EIN

560123345

Tax year

2024

Mission

Safe and effective distribution of electricity to the members of pdemc

Financials

FY 2024

Revenue

Contributions & grants$114K
Program service revenue$55.4M
Investment income$256K
Other revenue$1.0M
Total revenue$56.8M

Expenses

Grants paid$147K
Salaries & benefits$9.2M
Fundraising
Other expenses$43.8M
Total expenses$57.4M
Total assets$172.7M
Net assets$80.4M

People

18 listed

NameRoleCompensation

DONALD H SPIVEY

CEO & EXEC.

Board

$308K

40 hrs/wk

ANTHONY EASON

VP ENG. & OP

Board

$183K

40 hrs/wk

JORDAN HILDRETH

VP OF FINANC

Board

$123K

40 hrs/wk

RICHARD H JOHNSON

PRESIDENT

Board

$15K

7 hrs/wk

RICHARD V MELTON

DIRECTOR

Board

$10K

7 hrs/wk

BENJAMIN R LYBRAND

VICE PRESIDE

Board

$9K

6 hrs/wk

WINNIE M BENNETT

DIRECTOR

Board

$5K

2 hrs/wk

BENJAMIN MCCALLUM JR

SEC. / TREAS

Board

$5K

2 hrs/wk

MARCIA A LAMBETH

DIRECTOR

Board

$5K

3 hrs/wk

ROBERT C DAVIS JR

DIRECTOR

Board

$4K

1 hrs/wk

PAUL L TURNER III

DIRECTOR

Board

$3K

1 hrs/wk

CRAIG W RATLIFF

DIRECTOR

Board

$3K

1 hrs/wk

STEPHEN D THOMPSON

DIRECTOR

Board

$2K

1 hrs/wk

CHRIS BAXLEY

LINEMAN FIRS

Staff

$173K

40 hrs/wk

CHRIS PARKER

CREW FOREMAN

Staff

$139K

40 hrs/wk

JESSE PUCKETT

SERVICEMAN

Staff

$138K

40 hrs/wk

BRAD BILLINGSLEY

CREW FOREMAN

Staff

$136K

40 hrs/wk

BRYAN STILWELL

CREW FOREMAN

Staff

$136K

40 hrs/wk

Independent contractors

LEE ELECTRICAL CONSTRUCTION

CONSTRUCTION

$2.3M

XYLEM

RIGHT OF WAY

$1.9M

MERIDIAN COOPERATIVE

COMP. SOFTWARE

$657K

UNION POWER COOPERATIVE

DISPATCHING

$254K

SOUTHEAST WOODLAND SERVICES

RIGHT OF WAY

$226K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$6K
EDUCATIONAL ASSISTANCE
2024
$6K
EDUCATIONAL ASSISTANCE
2023
$6K
EDUCATIONAL ASSISTANCE
2022
$5K
EDUCATIONAL ASSISTANCE
2021
$5K
EDUCATIONAL ASSISTANCE
2020

Funded by

$29K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$29K · 5 grants · 2020–2024

Details

EIN560123345
Subsection12
Ruling date1961-03
Formed1939
Employees69
PEE DEE ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo