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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.

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Organizations Central Electric Membership Corporation

Central Electric Membership Corporation

Fiscal year ending 2020. Filed on September 2, 2021.

PO Box 1107
Suite 250
Sanford, North Carolina 27331

Central Electric Membership Corporation (EIN: 56-0478157) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Central Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 74 total employees. Among the employees shown here, the average compensation is $189,438. The highest compensated employee at Central Electric Membership Corporation is Edward B Oldham with fiscal year 2020 compensation of $263,313.

Revenue, expenses, and employee compensation

Revenue

$54,779,804

Expenses

$56,650,717

Employee compensation

$7,674,623
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Edward B Oldham
CEO and GEN M
$263,313
$185,957 No related comp$77,356
Tabitha L Whitlow
Vice President FIN and ACT
$203,310
$137,152 No related comp$66,158
Angela D Hare
Vice President of Custom
$196,663
$127,021 No related comp$69,642
Jody B Albright
Vice President, Membership
$188,072
$121,760 No related comp$66,312
Wesley T Davis
System Engineer
$183,380
$117,272 No related comp$66,108
George D Langston
Vice President Admin SVC
$181,582
$122,003 No related comp$59,579
Thomas E Duckworth
Line Superintendent
$174,347
$116,696 No related comp$57,651
Kent Gunter
Superintendent
$174,044
$116,816 No related comp$57,228
Robert Thompson
Systems ENGI
$169,208
$121,089 No related comp$48,119
Martin Jessup
Overhead for
$160,463
$109,482 No related comp$50,981

Benchmark Employee Compensation

Non-Employee Board Members

Rebecca G Paschal-Cogan
President
$24,600
$24,600 No related compNo other comp
J Thomas Dalrymple
Vice President
$21,559
$21,559 No related compNo other comp
Nancy G Holmes
Director
$19,500
$19,500 No related compNo other comp
W Phillip Thompson Jr
Assistant Secretary
$19,491
$19,491 No related compNo other comp
Timothy W Priest
Director
$18,900
$18,900 No related compNo other comp
L Frank Comer III
Director
$18,900
$18,900 No related compNo other comp
Henry Randolph
Director
$18,450
$18,450 No related compNo other comp
James B Brooks
Secretary and Treasurer
$18,360
$18,360 No related compNo other comp
Edith C Cox
Director
$18,000
$18,000 No related compNo other comp
Henry C Outz Jr
Director
$17,940
$17,940 No related compNo other comp

Contractors

Lee Electrical Construction Inc.
Oh and Ug Construction
$1,922,860
Sanford Contractors Inc.
Construction
$1,020,969
Lewis Tree Service Inc.
Row Maintenance
$718,940
Xylem Tree Experts
Row Maintenance
$418,556
Union Power Cooperative
Answering
$114,768

Mission Statement

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF CENTRAL EMC

Revisions to this organization profile

August 27, 2025:
2024 Central Electric Membership Corporation 990 filed
October 11, 2024:
2023 Central Electric Membership Corporation 990 filed
September 5, 2023:
2022 Central Electric Membership Corporation 990 filed

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