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Organizations Haywood Electric Membership Corporation

Haywood Electric Membership Corporation

Fiscal year ending 2024. Filed on September 10, 2025.

376 Grindstone Road
Waynesville, North Carolina 28785

Haywood Electric Membership Corporation (EIN: 56-0193499) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Haywood Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 82 total employees. Among the employees shown here, the average compensation is $180,229. The highest compensated employee at Haywood Electric Membership Corporation is Thomas H Batchelor Jr with fiscal year 2024 compensation of $432,834.

Revenue, expenses, and employee compensation

Revenue

$53,780,602

Expenses

$53,012,888

Employee compensation

$669,303
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas H Batchelor Jr
Executive Vice President and Chief Executive Officer
$432,834
$366,318 No related comp$66,516
John Boate
Assistant General Manager
$209,847
$184,749 No related comp$25,098
John Raines
Team Leader
$183,063
$145,353 No related comp$37,710
John Carver
Team Leader
$177,714
$155,193 No related comp$22,521
Joshua Deaver
Chief Operating Officer
$175,334
$148,426 No related comp$26,908
Steven Milner
MGR of OPER
$156,429
$140,670 No related comp$15,759
L Stephen Foster
Director
$53,638
$53,638 No related compNo other comp
James Boyette
Director
$52,974
$52,974 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Lucas Sorrells
Vice President
$31,992
$29,592 No related comp$2,400
Clay Talley
Secretary and Treasurer
$26,602
$26,602 No related compNo other comp
Alan Israel
Director
$26,282
$3,282 No related comp$23,000
David Noland
Assistant Secretary and Treasurer
$24,302
$18,302 No related comp$6,000
Larry Clark
President
$20,679
$15,679 No related comp$5,000

Contractors

Asplundh Tree Expert CO
Tree
$1,298,601
Bailey's Mulching and Land Clearing
Row Clearing
$167,733
J W Rayder
Attorney
$107,965

Mission Statement

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Revisions to this organization profile

September 10, 2025:
2024 Haywood Electric Membership Corporation 990 filed
September 10, 2024:
2023 Haywood Electric Membership Corporation 990 filed
August 31, 2023:
2022 Haywood Electric Membership Corporation 990 filed

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