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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 Piedmont Electric Membership Corporation

Piedmont Electric Membership Corporation

Fiscal year ending 2024. Filed on June 18, 2025.

PO Box 1179
Hillsborough, North Carolina 27278

Piedmont Electric Membership Corporation (EIN: 56-0358446) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Piedmont Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 102 total employees. Among the employees shown here, the average compensation is $286,407. The highest compensated employee at Piedmont Electric Membership Corporation is Steve Hamlin with fiscal year 2024 compensation of $414,463.

Revenue, expenses, and employee compensation

Revenue

$79,582,645

Expenses

$79,582,645

Employee compensation

$15,043,586
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Hamlin
President/Gm
$414,463
$322,369 No related comp$92,094
Lawrence Hopkins
Vice President - Enginee
$347,810
$255,205 No related comp$92,605
Lisa Kennedy
Vice President Financial
$318,257
$238,789 No related comp$79,468
Robert Riley
Vice President, Operations
$278,042
$253,301 No related comp$24,741
Susan Cashion
Vice President Compl. and
$247,136
$167,330 No related comp$79,806
Brandon Reed
MGR of MBR S
$233,067
$169,135 No related comp$63,932
Jordan Overbee
President/Gm
$166,071
$154,576 No related comp$11,495

Benchmark Employee Compensation

Non-Employee Board Members

James Randy Kinley
Chair
$46,287
$46,287 No related compNo other comp
V Kay Scurlock-Ferguson
Director
$40,214
$40,214 No related compNo other comp
Richal Vanhook
Treasurer
$35,595
$35,595 No related compNo other comp
Steven Bailey
Vice Chair
$34,369
$34,369 No related compNo other comp
Cyrus Vernon
Director
$33,408
$33,408 No related compNo other comp
Darren Chalk
Director
$32,898
$32,898 No related compNo other comp
Jimmy Thomas
Director
$31,005
$31,005 No related compNo other comp
David Poythress
Secretary
$29,743
$29,743 No related compNo other comp
Stephen Long
Director
$28,732
$28,732 No related compNo other comp

Contractors

Landis Gyr Technologies
Meter Installat
$432,543
Wellsmont Landscaping
Landscaping
$223,298
Electricom
Fiber Installat
$191,608

Mission Statement

TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITIES BY EMPOWERING AND PARTNERING WITH OUR MEMBERS. WE STRIVE TO CREATE SUPERIOR VALUE FOR OUR MEMBERS IN AN EVER CHANGING ENERGY ENVIRONMENT.

Revisions to this organization profile

June 18, 2025:
2024 Piedmont Electric Membership Corporation 990 filed
September 13, 2024:
2023 Piedmont Electric Membership Corporation 990 filed
October 9, 2023:
2022 Piedmont Electric Membership Corporation 990 filed

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