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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 2021. Filed on April 14, 2022.

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 2021 IRS Form 990 filing, Tri-County Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 24 out of 51 total employees. Among the employees shown here, the average compensation is $120,488. The highest compensated employee at Tri-County Electric Membership Corporation is J Michael Davis with fiscal year 2021 compensation of $281,648.

Revenue, expenses, and employee compensation

Revenue

$59,542,754

Expenses

$56,659,778

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J Michael Davis
General Manager
$281,648
$281,648 No related compNo other comp
Kenneth E Davis Jr
Manager of Finance and Administration
$178,505
$178,505 No related compNo other comp
Tony Grantham
Engineering Manager
$170,074
$170,074 No related compNo other comp
Michael Wood
Operations Manager
$158,988
$158,988 No related compNo other comp
Ricky L Richardson
Forman
$130,668
$130,668 No related compNo other comp
Jeff W Kennedy
Forman
$128,870
$128,870 No related compNo other comp
Stephanie Brown
Staff Accountant
$126,113
$126,113 No related compNo other comp
Roy A Beavers
Lineman 1ST Class
$124,549
$124,549 No related compNo other comp
Robert Kornegay
Manager of Member Service
$124,184
$124,184 No related compNo other comp
Daniel C Hood
Lineman First Class
$120,041
$120,041 No related compNo other comp
Jerry Mozingo
Lineman 1ST Class
$118,514
$118,514 No related compNo other comp
Claude Jones
Forman
$116,967
$116,967 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

William Farmer Jr
Secretary
$23,221
$23,221 No related compNo other comp
Carl W Kornegay Jr
President
$22,862
$22,862 No related compNo other comp
Keith Beavers
Director
$19,568
$19,568 No related compNo other comp
Randy McCullen
Director
$18,013
$18,013 No related compNo other comp
David Ray Vinson
Treasurer
$16,959
$16,959 No related compNo other comp
Worth Overman Jr
Director
$15,980
$15,980 No related compNo other comp
Jeff Henderson
Director
$11,614
$11,614 No related compNo other comp
Patrick Lynch
Director
$10,574
$10,574 No related compNo other comp
Brandy S Rouse
Director
$8,374
$8,374 No related compNo other comp
Scott G Ballard
Director
$2,300
$2,300 No related compNo other comp

Contractors

Electrical Consulting Engineers
Electrical Consulting
$655,402
John J Rowe Co
Right-of-Way Clearing
$492,268
Mastec North America Inc
Line Construction
$269,382
Hobgood Equipment Repair & Maint Inc.
Equipment Repair Maintenance
$164,285
Carolina Power & Signalization
Station Construction
$139,658

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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