Tri-County Electric Membership Corporation

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

EIN: 560432086 ✦ Dudley, NC ✦ Designated as a 501(c)(12)

Overview

What is Tri-County Electric Membership Corporation?

Tri-County Electric Membership Corporation is a nonprofit electric cooperative based on delivering electricity to its membership. Established with a mission to provide essential power services, this organization ensures the provision of electric power to its community. With a strong focus on cooperation, Tri-County Electric Membership Corporation offers fundamental access to electricity for its members.


Official website here: www.tcemc.com

Is Tri-County Electric Membership Corporation legitimate?

Tri-County Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tri-County Electric Membership Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tcemc.com

What is the mission statement of Tri-County Electric Membership Corporation?

Tri-County Electric Membership Corporation serves as an electric cooperative, dedicated to supplying electricity to its member base. The mission of this organization revolves around delivering electric power to its consumers, ensuring a reliable energy source for their daily needs. By being a cooperative, Tri-County Electric Membership Corporation fosters a sense of community among its members, working collaboratively to provide affordable and sustainable electric solutions. The cooperative's commitment extends beyond just powering homes, as it strives to contribute positively to the overall well-being of the communities it serves.


Official website here: www.tcemc.com

Who is the CEO of Tri-County Electric Membership Corporation?

Carl W Kornegay Jr is the General Manager of Tri-County Electric Membership Corporation.


Official website here: www.tcemc.com

What is the revenue of Tri-County Electric Membership Corporation?

Tri-County Electric Membership Corporation's revenue in 2022 was $60,563,062.


Official website here: www.tcemc.com

Who are the executives of Tri-County Electric Membership Corporation and what are their salaries?

There are 51 employees at Tri-County Electric Membership Corporation.

Here are 34 key members and their salaries:

    J Michael Davis (General Manager)
  • Compensation: $286,424
  • Related: $0
  • Other: $0

    • Kenneth E Davis Jr (Manager Of Finance And Administration)
  • Compensation: $190,738
  • Related: $0
  • Other: $0

    • Tony Grantham (Manager Of Engineering)
  • Compensation: $187,850
  • Related: $0
  • Other: $0

    • Jeff W Kennedy (Forman)
  • Compensation: $133,988
  • Related: $0
  • Other: $0

    • Stephanie Brown (Staff Accountant)
  • Compensation: $133,953
  • Related: $0
  • Other: $0

    • Ricky L Richardson (Forman)
  • Compensation: $132,875
  • Related: $0
  • Other: $0

    • Jerry Mozingo (Lineman 1St Class)
  • Compensation: $130,887
  • Related: $0
  • Other: $0

    • Daniel C Hood (Lineman First Class)
  • Compensation: $130,770
  • Related: $0
  • Other: $0

    • Robert Kornegay (Manager Of Member Service)
  • Compensation: $130,518
  • Related: $0
  • Other: $0

    • Roy A Beavers (Lineman 1St Class)
  • Compensation: $127,475
  • Related: $0
  • Other: $0

    • James Cozine (Lineman 1St Class)
  • Compensation: $127,137
  • Related: $0
  • Other: $0

    • David D Thornton (System Engineer)
  • Compensation: $126,687
  • Related: $0
  • Other: $0

    • Ronnie Miller (Staking Engineer)
  • Compensation: $121,041
  • Related: $0
  • Other: $0

    • Tamah Hughes (It Manager)
  • Compensation: $120,899
  • Related: $0
  • Other: $0

    • Claude Jones (Forman)
  • Compensation: $119,770
  • Related: $0
  • Other: $0

    • Ralph Kelly (Lineman 1St Class)
  • Compensation: $119,072
  • Related: $0
  • Other: $0

    • Deidra L Grantham (Mgr Marketing/Communicatons)
  • Compensation: $115,323
  • Related: $0
  • Other: $0

    • Leonard E Person (Working Foreman)
  • Compensation: $113,413
  • Related: $0
  • Other: $0

    • Todd Harrell (Lineman First Class)
  • Compensation: $112,943
  • Related: $0
  • Other: $0

    • Anthony Denning (Working Foreman)
  • Compensation: $112,264
  • Related: $0
  • Other: $0

    • James A Barwick (Lineman First Class)
  • Compensation: $106,265
  • Related: $0
  • Other: $0

    • Timothy L Wolfe (Lineman First Class)
  • Compensation: $102,021
  • Related: $0
  • Other: $0

    • Carl W Kornegay Jr (President) [Trustee/Director]
  • Compensation: $26,162
  • Related: $0
  • Other: $0

    • William Farmer Jr (Secretary) [Trustee/Director]
  • Compensation: $25,021
  • Related: $0
  • Other: $0

    • Keith Beavers (Director)
  • Compensation: $23,468
  • Related: $0
  • Other: $0

    • Randy Mccullen (Director)
  • Compensation: $22,513
  • Related: $0
  • Other: $0

    • Worth Overman Jr (Director)
  • Compensation: $21,380
  • Related: $0
  • Other: $0

    • David Ray Vinson (Treasurer) [Trustee/Director]
  • Compensation: $17,259
  • Related: $0
  • Other: $0

    • Scott G Ballard (Director)
  • Compensation: $13,718
  • Related: $0
  • Other: $0

    • Amanda A Murphy (Director)
  • Compensation: $12,848
  • Related: $0
  • Other: $0

    • Jeff Henderson (Director)
  • Compensation: $11,614
  • Related: $0
  • Other: $0

    • Brandy S Rouse (Director)
  • Compensation: $11,474
  • Related: $0
  • Other: $0

    • Patrick Lynch (Director)
  • Compensation: $11,074
  • Related: $0
  • Other: $0

    • Dallace Grady (Director)
  • Compensation: $9,686
  • Related: $0
  • Other: $0


  • Official website here: www.tcemc.com

    Where can I find the form 990 for Tri-County Electric Membership Corporation?

    The Tri-County Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tcemc.com

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

    Mission Statement of Tri-County Electric Membership Corporation

    Tri-County Electric Membership Corporation, a dedicated electric cooperative, is committed to delivering electric power to its membership. This organization's mission is geared towards ensuring reliable access to electricity for its community, serving as an essential utility provider. By providing electricity, Tri-County Electric Membership Corporation contributes significantly to enhancing the quality of life for its members. The cooperative's unwavering focus on its vital mission enables members to power their homes and businesses, fostering economic prosperity and community development.

    Impact

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




    Thursday, August 15, 2024

    Tri-County Electric Membership Corporation, as an electric cooperative, has a significant impact on the communities it serves by providing reliable electricity to its membership. This ensures that residents and businesses have access to essential energy resources for their daily needs and operations. The cooperative plays a vital role in supporting local economic development, promoting energy efficiency, and enhancing the overall quality of life for its members in Dudley, North Carolina.





    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: $40,140
  • Program Service Revenue: $60,195,613
  • Gross Receipts: $60,563,062

    • Assets and Liabilities:
  • Total Assets: $97,581,997
  • Total Liabilities: $60,244,266
  • Net Assets: $37,337,731
  • Programs

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

    Sale and Distribution of Electric

    Revenue

    $60,195,613

    Organization Details

    Founding Year

    1940

    Principal Officer

    Carl W Kornegay Jr

    Main Address

    PO Box 130, Dudley, NC, 283330130

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Tri-County Electric Membership Corporation 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.