NonprofitsPiedmont Electric Membership Corp

Piedmont Electric Membership Corp

HILLSBOROUGH, NC

Total revenue

$79.6M

Total expenses

$79.6M

Net assets

$77.4M

Grants received

$49K

5 grants

EIN

560358446

Tax year

2024

Mission

To enhance the quality of life in our communities by empowering and partnering with our members. We strive to create superior value for our members in an ever changing energy environment.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$78.8M
Investment income$124K
Other revenue$634K
Total revenue$79.6M

Expenses

Grants paid
Salaries & benefits$15.0M
Fundraising
Other expenses$60.8M
Total expenses$79.6M
Total assets$248.0M
Net assets$77.4M

People

16 listed

NameRoleCompensation

STEVE HAMLIN

PRESIDENT/GM

Board

$322K

50 hrs/wk

JORDAN OVERBEE

PRESIDENT/GM

Board

$155K

50 hrs/wk

JAMES RANDY KINLEY

CHAIRMAN

Board

$46K

10.16 hrs/wk

V KAY SCURLOCK-FERGUSON

DIRECTOR

Board

$40K

12.3 hrs/wk

RICHAL VANHOOK

TREASURER

Board

$36K

6.9 hrs/wk

STEVEN BAILEY

VICE-CHAIRMA

Board

$34K

7.69 hrs/wk

CYRUS VERNON

DIRECTOR

Board

$33K

6.17 hrs/wk

DARREN CHALK

DIRECTOR

Board

$33K

6.96 hrs/wk

JIMMY THOMAS

DIRECTOR

Board

$31K

5.05 hrs/wk

DAVID POYTHRESS

SECRETARY

Board

$30K

5.49 hrs/wk

STEPHEN LONG

DIRECTOR

Board

$29K

7.81 hrs/wk

LAWRENCE HOPKINS

VP - ENGINEE

Staff

$255K

50 hrs/wk

ROBERT RILEY

VP OF OPERAT

Staff

$253K

50 hrs/wk

LISA KENNEDY

VP FINANCIAL

Staff

$239K

50 hrs/wk

BRANDON REED

MGR OF MBR S

Staff

$169K

50 hrs/wk

SUSAN CASHION

VP COMPL. &

Staff

$167K

50 hrs/wk

Independent contractors

LANDIS GYR TECHNOLOGIES

METER INSTALLAT

$433K

WELLSMONT LANDSCAPING

LANDSCAPING

$223K

ELECTRICOM

FIBER INSTALLAT

$192K

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

$49K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$49K · 5 grants · 2020–2024

Details

EIN560358446
Subsection12
Ruling date1961-03
Formed1938
Employees102
PIEDMONT ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo