NonprofitsRutherford Electric Membership

Rutherford Electric Membership

FOREST CITY, NC

Total revenue

$167.7M

Total expenses

$167.7M

Net assets

$155.5M

Grants received

$78K

5 grants

EIN

560386171

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.

Programs

1 program

N/A

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$167.3M
Investment income$381K
Other revenue$48K
Total revenue$167.7M

Expenses

Grants paid
Salaries & benefits$17.9M
Fundraising
Other expenses$137.4M
Total expenses$167.7M
Total assets$389.4M
Net assets$155.5M

People

16 listed

NameRoleCompensation

S DIRK BURLESON

GENERAL MANA

Board

$356K

50 hrs/wk

J DEAN CARPENTER

PRESIDENT

Board

$37K

2.24 hrs/wk

JOSEPH N QUINN

DIRECTOR

Board

$37K

2.25 hrs/wk

MARCUS MULLEN

DIRECTOR

Board

$36K

3.13 hrs/wk

JILL P LOVELL

ASST. SECRET

Board

$36K

2.24 hrs/wk

VAN SAMUEL BOYD

DIRECTOR

Board

$36K

1.52 hrs/wk

AMY P TORVINEN

DIRECTOR

Board

$35K

1.45 hrs/wk

ROBYN HOUSER

TREASURER

Board

$35K

2.54 hrs/wk

ROBBY R EUREY

SECRETARY

Board

$22K

1.71 hrs/wk

JOEL Z WAKEFIELD

DIRECTOR

Board

$21K

2.38 hrs/wk

TIMOTHY E STOWE

VICE PRESIDE

Board

$14K

2.65 hrs/wk

COLON L SAUNDERS

VP-OPERATION

Staff

$248K

50 hrs/wk

JEFFREY C BRITTAIN

VP-ENGINEERI

Staff

$218K

50 hrs/wk

RANDY C WARD

VP-DISTRICT

Staff

$193K

50 hrs/wk

BRAD BRIDGES

DIRECTOR-DIS

Staff

$174K

50 hrs/wk

TOMMY W CHAPMAN

VP-MEMBER &

Staff

$154K

50 hrs/wk

Independent contractors

WILLIAMS ELECTRIC COMPANY

CONSTRUCTION

$5.5M

CRUSE POWER LINE

CONSTRUCTION

$2.9M

WA KENDALL AND COMPANY LLC

RECLEARING

$2.8M

LEWIS TREE SERVICE INC

RECLEARING

$2.4M

WOLF TREE INC

RECLEARING

$1.8M

Grants received

Showing 5 of 5

FromAmountPurposeYear
$16K
EDUCATIONAL ASSISTANCE
2024
$16K
EDUCATIONAL ASSISTANCE
2023
$16K
EDUCATIONAL ASSISTANCE
2022
$15K
EDUCATIONAL ASSISTANCE
2021
$15K
EDUCATIONAL ASSISTANCE
2020

Funded by

$78K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$78K · 5 grants · 2020–2024

Details

EIN560386171
Subsection12
Ruling date1961-03
Formed1940
Employees201
RUTHERFORD ELECTRIC MEMBERSHIP — Mission, Financials & Grants Received | Grantivo