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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 2022. Filed on April 28, 2023.

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 2022 IRS Form 990 filing, Tri-County Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 23 out of 51 total employees. Among the employees shown here, the average compensation is $130,087. The highest compensated employee at Tri-County Electric Membership Corporation is J Michael Davis with fiscal year 2022 compensation of $286,424.

Revenue, expenses, and employee compensation

Revenue

$60,563,062

Expenses

$58,703,229

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

J Michael Davis
General Manager
$286,424
$286,424 No related compNo other comp
Kenneth E Davis Jr
Manager of Finance and Administration
$190,738
$190,738 No related compNo other comp
Tony Grantham
Engineering Manager
$187,850
$187,850 No related compNo other comp
Jeff W Kennedy
Forman
$133,988
$133,988 No related compNo other comp
Stephanie Brown
Staff Accountant
$133,953
$133,953 No related compNo other comp
Ricky L Richardson
Forman
$132,875
$132,875 No related compNo other comp
Jerry Mozingo
Lineman 1ST Class
$130,887
$130,887 No related compNo other comp
Daniel C Hood
Lineman First Class
$130,770
$130,770 No related compNo other comp
Robert Kornegay
Manager of Member Service
$130,518
$130,518 No related compNo other comp
Roy A Beavers
Lineman 1ST Class
$127,475
$127,475 No related compNo other comp
James Cozine
Lineman 1ST Class
$127,137
$127,137 No related compNo other comp
David D Thornton
System Engineer
$126,687
$126,687 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carl W Kornegay Jr
President
$26,162
$26,162 No related compNo other comp
William Farmer Jr
Secretary
$25,021
$25,021 No related compNo other comp
Keith Beavers
Director
$23,468
$23,468 No related compNo other comp
Randy McCullen
Director
$22,513
$22,513 No related compNo other comp
Worth Overman Jr
Director
$21,380
$21,380 No related compNo other comp
David Ray Vinson
Treasurer
$17,259
$17,259 No related compNo other comp
Scott G Ballard
Director
$13,718
$13,718 No related compNo other comp
Amanda A Murphy
Director
$12,848
$12,848 No related compNo other comp
Jeff Henderson
Director
$11,614
$11,614 No related compNo other comp
Brandy S Rouse
Director
$11,474
$11,474 No related compNo other comp
Patrick Lynch
Director
$11,074
$11,074 No related compNo other comp

Contractors

Electrical Consulting Engineers
Electrical Consulting
$933,852
John J Rowe CO
Right of Way Clearing
$313,163
Carolina Power & Signalization
Station Construction
$260,186
Mastec of NC Inc.
Line Construction
$187,334
Transformer Maintenance & SVC Inc.
Equip Repair and Maintenance
$170,604

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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