NonprofitsSurry-Yadkin Electric Membership Corporation

Surry-Yadkin Electric Membership Corporation

DOBSON, NC

Total revenue

$63.2M

Total expenses

$62.8M

Net assets

$68.5M

Grants received

$34K

5 grants

EIN

560421795

Tax year

2024

Mission

Provide outstanding service that powers our rural communities

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$62.5M
Investment income$406K
Other revenue$340K
Total revenue$63.2M

Expenses

Grants paid
Salaries & benefits$670K
Fundraising
Other expenses$61.5M
Total expenses$62.8M
Total assets$181.4M
Net assets$68.5M

People

17 listed

NameRoleCompensation

WILLIAM GREGORY PUCKETT

EXECUTIVE VP

Board

$348K

50 hrs/wk

KAROLINE OVERBY

PRESIDENT

Board

$24K

7 hrs/wk

STEPHEN HUTSON

DIRECTOR

Board

$20K

5 hrs/wk

EDDIE CAMPBELL

VICE PRESIDE

Board

$20K

5 hrs/wk

DAVID PENDRY

DIRECTOR

Board

$20K

5 hrs/wk

BRENDA HARDY

SECRETARY

Board

$19K

4 hrs/wk

STEPHEN JOYCE

DIRECTOR

Board

$19K

4 hrs/wk

ALVIN REID JR

DIRECTOR

Board

$17K

3 hrs/wk

DAVID MILLER

TREASURER

Board

$17K

3 hrs/wk

WILLARD SWIFT

DIRECTOR

Board

$17K

3 hrs/wk

SANDY WELBORN

DIRECTOR (FE

Board

$15K

3 hrs/wk

LEE VON SPEAKS

DIRECTOR (JA

Board

$1K

1 hrs/wk

MISTY UTT

VP OF FINANC

Staff

$186K

45 hrs/wk

RICKY BOWMAN

VP OF OPERAT

Staff

$184K

45 hrs/wk

RICHARD BRYON KENNEDY

VP OF MBR SR

Staff

$176K

45 hrs/wk

MATTHEW BURKE

JOURNEY LINE

Staff

$162K

45 hrs/wk

MICAH MILLS

MANAGER OF O

Staff

$153K

45 hrs/wk

Independent contractors

COOPERATIVE BUILDING SOLUTIONS

CONSTRUCTION

$7.0M

PIKE ELECTRIC

CONSTRUCTION

$4.2M

JOHN LUCAS TREE EXPERT CO

ROW TRIMMING

$3.2M

TOP GUN APPLICATION SERVICES LLC

ROW SPRAYING

$364K

OSMOSE UTLITIES SERVICES INC

POLE INSP.

$284K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$7K
EDUCATIONAL ASSISTANCE
2024
$8K
EDUCATIONAL ASSISTANCE
2023
$7K
EDUCATIONAL ASSISTANCE
2022
$6K
EDUCATIONAL ASSISTANCE
2021
$6K
EDUCATIONAL ASSISTANCE
2020

Funded by

$34K from 1 funder · 5 grants · 2020–2024

North Carolina Electric Membership

$34K · 5 grants · 2020–2024

Details

EIN560421795
Subsection12
Ruling date1961-03
Formed1940
Employees84
SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo