NonprofitsRoanoke Electric Membership Corp

Roanoke Electric Membership Corp

AHOSKIE, NC

Total revenue

$57.2M

Total expenses

$61.7M

Net assets

$50.9M

Grants received

EIN

560378505

Tax year

2024

Mission

Roanoke emc: https://www.roanokecooperative.com/about-us/corporate-strategy/ to pursue innovation relentlessly and offer the finest, most reliable, and cost-efficient services in the industry. The co-op will serve member-owners tirelessly and enhance their lives and communities. Our vision is that the co-op will commit to being one of our member-owners most trusted service providers and most admired by its peers. Roanoke connect holdings, llc dba fybe: https://www.gofybe.com/about-us/who-is-fybe/ enabling every person and organization in rural north carolina to achieve their full potential and thrive in this digital age with the highest quality, most reliable high-speed fiber-optic services.

Programs

1 program

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

Expenses: $5.0M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$55.5M
Investment income$734K
Other revenue$978K
Total revenue$57.2M

Expenses

Grants paid
Salaries & benefits$604K
Fundraising
Other expenses$51.8M
Total expenses$61.7M
Total assets$218.2M
Net assets$50.9M

People

15 listed

NameRoleCompensation

MARSHALL CHERRY

PRESIDENT &

Board

$351K

50 hrs/wk

ALLEN SPELLER

CHAIRMAN

Board

$27K

8.35 hrs/wk

DARNELL LEE

DIRECTOR

Board

$22K

6.96 hrs/wk

ROBERT RIDDICK

VICE CHAIRMA

Board

$19K

7.23 hrs/wk

CAROLYN BRADLEY

DIRECTOR

Board

$19K

8.63 hrs/wk

COLUMBUS JEFFERS

DIRECTOR

Board

$18K

4.87 hrs/wk

MARVA BOND

DIRECTOR

Board

$18K

4.94 hrs/wk

CYNTHIA VAUGHAN

DIRECTOR

Board

$17K

5.3 hrs/wk

KENNETH JERNIGAN

ASST. SEC/TR

Board

$16K

7.35 hrs/wk

DELORES H AMASON

SECRETARY/TR

Board

$12K

6.5 hrs/wk

ROBERT COUGHLIN

COO, FYBE

Staff

$261K

50 hrs/wk

JAMES LIVERMAN

VP ENG. & OP

Staff

$201K

50 hrs/wk

JEREMY WHITLEY

DIR. FYBE EN

Staff

$196K

50 hrs/wk

MARY BETH LAMPE

VP CORP SVCS

Staff

$190K

50 hrs/wk

ANGELA GORDAN

DIR. CUST. E

Staff

$181K

50 hrs/wk

Independent contractors

SOLOMON MARYLAND

HEATING AND AIR

$344K

BOOTH ASSOCIATES LLC

ENGINEERING

$218K

WINSLOW-WELCH PLLC

LEGAL

$203K

PROFESSIONAL STAFFING SOLUTIONS

STAFFING

$198K

REEL BROADBAND LLC

CONSTRUCTION

$165K

Details

EIN560378505
Subsection12
Ruling date0000-00
Formed1938
Employees90
ROANOKE ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo