Compensation 990
OrganizationsEmployeesBoard MembersGrantsContractorsTop RankingsPricing

Stay updated on 990 organization compensation

© Civic Register LLC

Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

About•Report a discrepancy•Your privacy choices
Organizations Albemarle Electric Membership Corp.

Albemarle Electric Membership Corp.

Fiscal year ending 2023. Filed on March 27, 2024.

PO Box 69
Hertford, North Carolina 27944

Albemarle Electric Membership Corp. (EIN: 56-0475840) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2023 IRS Form 990 filing, Albemarle Electric Membership Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 39 total employees. Among the employees shown here, the average compensation is $224,383. The highest compensated employee at Albemarle Electric Membership Corp. is Gary W Ray with fiscal year 2023 compensation of $405,800.

Revenue, expenses, and employee compensation

Revenue

$32,082,307

Expenses

$32,082,307

Employee compensation

$745,740
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary W Ray
Former Executive
$405,800
$328,473 No related comp$77,327
Kevin Heath
EXEC Vp/Gm
$229,390
$170,746 No related comp$58,644
Clarissa Perry
MGR of Corpo
$194,532
$138,508 No related comp$56,024
Bobby Upton
Crew Leader
$178,862
$129,269 No related comp$49,593
Roy O'Neal
MGR of Opera
$176,004
$122,128 No related comp$53,876
Paul Byrum
Crew Leader
$161,710
$117,998 No related comp$43,712

Benchmark Employee Compensation

Non-Employee Board Members

John W Spence
President
$15,650
$15,650 No related compNo other comp
Linda Felton Burrus
Director
$12,800
$12,800 No related compNo other comp
Allen Layton
Director
$12,600
$12,600 No related compNo other comp
Robert Whitehead
Director
$12,600
$12,600 No related compNo other comp
Thelma Finch-Copeland
Secretary
$12,600
$12,600 No related compNo other comp
T Chad Mathews
Treasurer
$11,600
$11,600 No related compNo other comp
Josiah A Webb III
Director
$11,200
$11,200 No related compNo other comp
Glenn Carey
Vice President
$11,000
$11,000 No related compNo other comp
Melvin Ray Albertson
Director
$10,500
$10,500 No related compNo other comp

Mission Statement

ALBEMARLE EMC STRIVES TO SAFELY DELIVER RELIABLE POWER AND RELATED ENERGY SOLUTIONS TO OUR MEMBERS AND LOCAL COMMUNITIES BY PROVIDING THE HIGHEST VALUE THROUGH SERVICE EXCELLENCE.

Revisions to this organization profile

March 3, 2025:
2024 Albemarle Electric Membership Corp. 990 filed
March 27, 2024:
2023 Albemarle Electric Membership Corp. 990 filed
March 29, 2023:
2022 Albemarle Electric Membership Corp. 990 filed

Get an email when new compensation information is released for Albemarle Electric Membership Corp.

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →