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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 Surry-Yadkin Electric Membership Corporation

Surry-Yadkin Electric Membership Corporation

Fiscal year ending 2024. Filed on April 16, 2025.

PO Box 305
Dobson, North Carolina 27017

Surry-Yadkin Electric Membership Corporation (EIN: 56-0421795) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Surry-Yadkin Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 84 total employees. Among the employees shown here, the average compensation is $281,525. The highest compensated employee at Surry-Yadkin Electric Membership Corporation is William Gregory Puckett with fiscal year 2024 compensation of $481,819.

Revenue, expenses, and employee compensation

Revenue

$63,204,681

Expenses

$62,845,446

Employee compensation

$669,799
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Gregory Puckett
Executive Vice President
$481,819
$348,390 No related comp$133,429
Misty Utt
Vice President, Finance
$269,729
$186,432 No related comp$83,297
Ricky Bowman
Vice President, Operations
$265,514
$183,941 No related comp$81,573
Richard Bryon Kennedy
Vice President of MBR SR
$240,085
$176,201 No related comp$63,884
Micah Mills
Manager of Operations
$223,726
$152,771 No related comp$70,955
Matthew Burke
Journey LINE
$208,278
$162,259 No related comp$46,019

Benchmark Employee Compensation

Non-Employee Board Members

Karoline Overby
President
$23,880
$23,880 No related compNo other comp
Stephen Hutson
Director
$19,920
$19,920 No related compNo other comp
David Pendry
Director
$19,590
$19,590 No related compNo other comp
Eddie Campbell
Vice President
$19,590
$19,590 No related compNo other comp
Brenda Hardy
Secretary
$18,600
$18,600 No related compNo other comp
Stephen Joyce
Director
$18,600
$18,600 No related compNo other comp
Alvin Reid Jr
Director
$17,280
$17,280 No related compNo other comp
David Miller
Treasurer
$17,280
$17,280 No related compNo other comp
Willard Swift
Director
$16,620
$16,620 No related compNo other comp
Sandy Welborn
Director (FE
$15,290
$15,290 No related compNo other comp
Lee von Speaks
Director (January)
$1,330
$1,330 No related compNo other comp

Contractors

Cooperative Building Solutions
Construction
$7,021,021
Pike Electric LLC
Construction
$4,232,677
John Lucas Tree Expert CO
Row Trimming
$3,236,928
Top Gun Application Services LLC
Row Spraying
$363,700
Osmose Utlities Services Inc.
Pole Insp
$284,205

Mission Statement

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

Revisions to this organization profile

April 16, 2025:
2024 Surry-Yadkin Electric Membership Corporation 990 filed
March 26, 2024:
2023 Surry-Yadkin Electric Membership Corporation 990 filed
April 14, 2023:
2022 Surry-Yadkin Electric Membership Corporation 990 filed

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