Four County Electric Membership Corp.

Fiscal year ending 2024. Filed on August 15, 2025.

PO Box 667
Burgaw, North Carolina 28425

Four County Electric Membership Corp. (EIN: 56-0227152) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Four County Electric Membership Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 115 total employees. Among the employees shown here, the average compensation is $242,745. The highest compensated employee at Four County Electric Membership Corp. is Donald L Gatton with fiscal year 2024 compensation of $530,432.

Revenue, expenses, and employee compensation

Revenue

$114,987,385

Expenses

$108,532,189

Employee compensation

$2,647,080

Reported Compensated Employees

Donald L Gatton

Chief Executive Officer

$316,783 from orgNo related comp$213,649 other

Vice President, Engineering

$204,073 from orgNo related comp$84,146 other

Gary W Chitwood

Chief Financial Officer

$242,668 from orgNo related comp$5,329 other

Franklin S Cook

Vice President, Operations

$157,742 from orgNo related comp$49,458 other

Jennifer M Hedge

Vice President, Human Resources

$139,480 from orgNo related comp$41,014 other

Gregory S Sager

Vice President, Member Services

$143,503 from orgNo related comp$34,734 other

Vice President, Information Technology

$128,287 from orgNo related comp$40,171 other

Charles E Reynolds

Vice President of Finance and Accounting

$124,640 from orgNo related comp$16,284 other

Benchmark Employee Compensation

Non-Employee Board Members

Clayton Hollingsworth

$24,016 from orgNo related compNo other comp

Kenneth Thornton

Board Vice President

$23,366 from orgNo related compNo other comp

$22,716 from orgNo related compNo other comp

Board Secretary and Treasurer

$22,716 from orgNo related compNo other comp

Franklin Williams

Board President

$21,091 from orgNo related compNo other comp

$19,466 from orgNo related compNo other comp

Arlester Fullwood

$18,816 from orgNo related compNo other comp

$18,816 from orgNo related compNo other comp

$18,816 from orgNo related compNo other comp

$18,166 from orgNo related compNo other comp

Contractors

C-Phase Services LLC

Meridian Cooperative Inc.

Data Processing

Dph General Contractors LLC

Construction Line Crew

Kennedy Tree Service

Mission Statement

TO PROVIDE HIGHLY RELIABLE ELECTRIC SERVICES, INNOVATIVE ENERGY SOLUTIONS AND OUTSTANDING SERVICE TO OUR MEMBERS AND COMMUNITIES.

Revisions to this organization profile

August 15, 2025:

2024 Four County Electric Membership Corp. 990 filed

May 1, 2024:

2023 Four County Electric Membership Corp. 990 filed

April 28, 2023:

2022 Four County Electric Membership Corp. 990 filed

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