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Organizations Tri-County Electric Membership Corporation

Tri-County Electric Membership Corporation

Fiscal year ending 2023. Filed on May 13, 2024.

PO Box 130
Dudley, North Carolina 28333

Tri-County Electric Membership Corporation (EIN: 56-0432086) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Tri-County Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 51 total employees. Among the employees shown here, the average compensation is $175,597. The highest compensated employee at Tri-County Electric Membership Corporation is J Michael Davis with fiscal year 2023 compensation of $300,259.

Revenue, expenses, and employee compensation

Revenue

$61,498,465

Expenses

$62,307,096

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J Michael Davis
General Manager
$300,259
$300,259 No related compNo other comp
Tony Grantham
Engineering Manager
$196,869
$196,869 No related compNo other comp
Kenneth E Davis Jr
Manager of Finance and Administration
$193,961
$193,961 No related compNo other comp
Roy A Beavers
Lineman Foreman
$147,116
$147,116 No related compNo other comp
Robert Kornegay
Manager of Member Service
$143,831
$143,831 No related compNo other comp
Stephanie B Brown
Staff Accountant
$142,880
$142,880 No related compNo other comp
Jeffrey W Kennedy
Working Foreman
$142,505
$142,505 No related compNo other comp
David D Thornton
System Engineer
$137,356
$137,356 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carl W Kornegay Jr
President
$27,962
$27,962 No related compNo other comp
Keith Beavers
Director
$24,168
$24,168 No related compNo other comp
Randy McCullen
Director
$24,013
$24,013 No related compNo other comp
William Farmer Jr
Secretary
$23,521
$23,521 No related compNo other comp
Worth Overman Jr
Director
$23,180
$23,180 No related compNo other comp
David Ray Vinson
Vice President
$17,059
$17,059 No related compNo other comp
Brandy S Rouse
Treasurer
$11,999
$11,999 No related compNo other comp
Amanda A Murphy
Director
$11,848
$11,848 No related compNo other comp
Jeff Henderson
Director
$11,714
$11,714 No related compNo other comp
Scott G Ballard
Director
$11,518
$11,518 No related compNo other comp
Patrick Lynch
Director
$9,974
$9,974 No related compNo other comp

Contractors

Electrical Consulting Engineers
Electrical Consulting
$762,725
John J Rowe CO
Right-of-Way Clearing
$469,891
Mastec North America Inc.
Line Construction
$407,302
Stuckey's Backhoe Service
Station Grading
$363,937
Transformer Maintenance & SVC Inc.
Equipment Repair Maintenance
$262,147

Mission Statement

TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION IS A MEMBER-DRIVEN COOPERATIVE COMMITTED TO SAFELY PROVIDE RELIABLE ELECTRIC POWER, OFFER SUPERIOR SERVICE, TAKE AN ACTIVE ROLE IN SUPPORTING THE COMMUNITIES IT SERVES

Revisions to this organization profile

May 13, 2024:
2023 Tri-County Electric Membership Corporation 990 filed
April 28, 2023:
2022 Tri-County Electric Membership Corporation 990 filed
April 14, 2022:
2021 Tri-County Electric Membership Corporation 990 filed

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