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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 Tri-County Electric Membership Corporation

Tri-County Electric Membership Corporation

Fiscal year ending 2016. Filed on May 12, 2017.

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 2016 IRS Form 990 filing, Tri-County Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 53 total employees. Among the employees shown here, the average compensation is $112,853. The highest compensated employee at Tri-County Electric Membership Corporation is J Michael Davis with fiscal year 2016 compensation of $244,420.

Revenue, expenses, and employee compensation

Revenue

$55,809,726

Expenses

$52,896,408

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J Michael Davis
General Manager
$244,420
$244,420 No related compNo other comp
Tony A Grantham
Engineering Manager
$143,857
$143,857 No related compNo other comp
Kenneth E Davis Jr
Manager - Finance/Acctg
$138,373
$138,373 No related compNo other comp
Michael A Wood
Operations Manager
$137,333
$137,333 No related compNo other comp
William E Fischer
Foreman
$116,501
$116,501 No related compNo other comp
Claude Jones IV
Foreman
$115,461
$115,461 No related compNo other comp
Jeff W Kennedy
Foreman
$114,535
$114,535 No related compNo other comp
Robert B Kornegay
Manager - Customer Service
$107,412
$107,412 No related compNo other comp
Glenda S Barwick
Accountant
$105,335
$105,335 No related compNo other comp
Luther Carroll
Former Director
$10,857
$10,857 No related compNo other comp
Richard Grady
Former Director
$7,294
$7,294 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carl Kornegay
President
$18,782
$18,782 No related compNo other comp
David Ray Vinson
Director
$17,597
$17,597 No related compNo other comp
William Farmer Jr
Secretary
$14,167
$14,167 No related compNo other comp
Jennings Outlaw
Director
$13,646
$13,646 No related compNo other comp
Randy McCullen
Director
$13,525
$13,525 No related compNo other comp
Keith Beavers
Director
$12,559
$12,559 No related compNo other comp
Worth Overman
Treasurer
$10,982
$10,982 No related compNo other comp
Dallace J Grady
Director
$9,238
$9,238 No related compNo other comp
Brandy S Rouse
Director
$8,533
$8,533 No related compNo other comp
Leland M Heath Jr
Vice President
$8,002
$8,002 No related compNo other comp
Jeff Henderson
Director
$1,500
$1,500 No related compNo other comp

Contractors

Mastec North America Inc
Line Construction
$403,312
John J Rowe Co
Right-of-Way Clearing
$321,401
Terex Services
Truck Repairs
$257,977
Hobgood Equipment Repair
Equipment Repair Maintenance
$158,655
Transformer Maintenance and Service
Transformer Repairs
$120,585

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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