Edgecombe-Martin County Emc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560211980 ✦ Tarboro, NC ✦ Designated as a 501(c)(12)

Overview

What is Edgecombe-Martin County Emc?

Edgecombe-Martin County Emc is a North Carolina-based cooperative dedicated to providing reliable electricity to its members. With a team of 43 employees, the cooperative allocated significant expenses towards the cost of power, salaries and wages, and depreciation and amortization. Their primary mission is to ensure the safe and effective distribution of electricity, contributing to the well-being of their community.


Official website here: www.emcemc.com

Is Edgecombe-Martin County Emc legitimate?

Edgecombe-Martin County Emc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Edgecombe-Martin County Emc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $796,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,297,694

For more financial information, click here


Official website here: www.emcemc.com

What is the mission statement of Edgecombe-Martin County Emc?

The Edgecombe-Martin County Electric Membership Cooperative is committed to ensuring the safe and efficient distribution of electricity to its members. The cooperative prioritizes this essential service, with its largest program expenses being the cost of power, other salaries and wages, and depreciation and amortization. This third-party organization aims to deliver a reliable electricity supply to its membership base, maintaining safety standards and optimal performance.


Official website here: www.emcemc.com

Who is the CEO of Edgecombe-Martin County Emc?

Winston Howell is the Ceo of Edgecombe-Martin County Emc. The CEO's salary of Edgecombe-Martin County Emc is $285,444 and their total compensation is $437,814.


Official website here: www.emcemc.com

What is the revenue of Edgecombe-Martin County Emc?

Edgecombe-Martin County Emc's revenue in 2022 was $29,118,803.


Official website here: www.emcemc.com

Who are the executives of Edgecombe-Martin County Emc and what are their salaries?

The average compensation at Edgecombe-Martin County Emc during 2022 was $95,204. There are 43 employees at Edgecombe-Martin County Emc.

Here are 15 key members and their salaries (Edgecombe-Martin County Emc's CEO's salary is $285,444 and their total compensation is $437,814):

    Winston Howell (Ceo)
  • Compensation: $285,444
  • Related: $0
  • Other: $152,370

    • Melinda Nimmo (Vp Of Financ)
  • Compensation: $173,701
  • Related: $0
  • Other: $102,940

    • Michael Johnson (Vp Engineeri)
  • Compensation: $188,540
  • Related: $0
  • Other: $16,525

    • James Stocks (Vp Mem & Ind)
  • Compensation: $181,397
  • Related: $0
  • Other: $16,704

    • Lisa Tolson (Vp Of Hr)
  • Compensation: $154,164
  • Related: $0
  • Other: $15,531

    • Ethan Thomas (Mgr Eng & It)
  • Compensation: $126,973
  • Related: $0
  • Other: $37,731

    • John Abrams (Mgr Operatio)
  • Compensation: $117,602
  • Related: $0
  • Other: $14,031

    • Elbert Ray Pitt Jr (President) [Trustee/Director]
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Jimmie Jernigan (Director)
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Billy Trevathan (Vice Preside) [Trustee/Director]
  • Compensation: $13,200
  • Related: $0
  • Other: $0

    • Floyd Wayne Harrell (Treasurer) [Trustee/Director]
  • Compensation: $12,400
  • Related: $0
  • Other: $0

    • Rejeanor Scott (Director)
  • Compensation: $11,635
  • Related: $0
  • Other: $0

    • Norman Roberson (Secretary) [Trustee/Director]
  • Compensation: $10,600
  • Related: $0
  • Other: $0

    • Joseph Suggs (Director)
  • Compensation: $4,400
  • Related: $0
  • Other: $0

    • Harold Thompson (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0


  • Official website here: www.emcemc.com

    Where can I find the form 990 for Edgecombe-Martin County Emc?

    The Edgecombe-Martin County Emc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.emcemc.com

    Learn more at the official website: www.emcemc.com

    Mission Statement of Edgecombe-Martin County Emc

    Edgecombe-Martin County EMC, a cooperative dedicated to delivering electricity, prioritizes the safety and efficiency of its power distribution services to its members. The organization's primary objective is to ensure a reliable and uninterrupted power supply, maintaining the welfare and convenience of the community it serves.

    The cooperative channels significant resources towards the procurement of power, investing 16.38 million dollars annually. This commitment to providing a consistent power source is a testament to Edgecombe-Martin County EMC's dedication to its members' needs. In addition to power generation, the cooperative also allocates substantial funds towards compensating its workforce. A total of 3.29 million dollars is spent on salaries and wages each year, reflecting the cooperative's emphasis on hiring and retaining skilled personnel to maintain its electrical infrastructure.

    Moreover, the cooperative invests in the long-term sustainability of its operations through depreciation and amortization expenses totaling 2.86 million dollars annually. By continually upgrading its facilities and technology, Edgecombe-Martin County EMC ensures the provision of high-quality electricity services to its members, strengthening its position as a trusted and essential community partner.

    Impact

    This information is meant to be a general summary of Edgecombe-Martin County Emc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Edgecombe-Martin County EMC has a significant impact in the community by ensuring the safe and effective distribution of electricity to its members. This cooperative plays a crucial role in providing essential power services to residents in Tarboro, NC, and surrounding areas. By focusing on public benefit and prioritizing the reliable delivery of electricity, Edgecombe-Martin County EMC helps to enhance the quality of life for its members and contributes to the overall development and well-being of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $74,766
  • Program Service Revenue: $28,986,435
  • Gross Receipts: $29,150,351

    • Assets and Liabilities:
  • Total Assets: $72,560,795
  • Total Liabilities: $37,656,219
  • Net Assets: $34,904,576
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF ELECTRICITY

    Revenue

    $28,331,947

    CONT IN AID OF CONST

    Revenue

    $455,716

    CASH PATRONAGE ALLOC

    Revenue

    $198,772

    Organization Details

    Founding Year

    1936

    Principal Officer

    Winston Howell

    Main Address

    PO BOX 188, TARBORO, NC, 278860188

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Edgecombe-Martin County Emc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.