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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 Union Electric Membership Corp.

Union Electric Membership Corp.

Fiscal year ending 2023. Filed on September 17, 2024.

PO Box 5014
Monroe, North Carolina 28111

Union Electric Membership Corp. (EIN: 56-0435549), also known as Union Power Cooperative, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Union Electric Membership Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 150 total employees. Among the employees shown here, the average compensation is $403,879. The highest compensated employee at Union Electric Membership Corp. is Gregory S Andress with fiscal year 2023 compensation of $1,076,850. Union Electric Membership Corp. changed its name from Union Electric Membership Corporation Dba Union Power Cooperative in 2017.

Revenue, expenses, and employee compensation

Revenue

$183,252,830

Expenses

$183,391,522

Employee compensation

$19,120,558
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gregory S Andress
Executive Vice President Vice President and GEN
$1,076,850
$723,758 No related comp$353,092
Theresa Blackwell
Vice President FIN and ACC
$488,650
$355,570 No related comp$133,080
David Gross
Vice President ENG and OPE
$485,331
$347,884 No related comp$137,447
Carrie Stroud
Vice President Comms and M
$324,071
$216,568 No related comp$107,503
Jeremy Black
Vice President INFO SERV
$315,287
$224,671 No related comp$90,616
Wayne Hathcock
MGR of ENG
$313,782
$208,055 No related comp$105,727
Lonnie Kirkley
MGR Operatio
$232,594
$201,920 No related comp$30,674
James Murphy
MGR Finance
$200,013
$169,372 No related comp$30,641
Numa Robertson
Former Vice President CO
$198,333
$82,435 No related comp$115,898

Benchmark Employee Compensation

Non-Employee Board Members

Dent H Turner
President
$19,473
$19,473 No related compNo other comp
Winnie Honeycutt
Director
$18,273
$18,273 No related compNo other comp
David G Hyatt
Vice President
$17,073
$17,073 No related compNo other comp
David E Smith
Director
$17,073
$17,073 No related compNo other comp
Sherise Jones
Secretary and Treasurer
$15,903
$15,903 No related compNo other comp
Tom J Caudle
Director
$15,873
$15,873 No related compNo other comp
Sue Threatt
Assistant Secretary and Treasurer
$15,573
$15,573 No related compNo other comp
Thomas E Porter Jr
Director
$15,273
$15,273 No related compNo other comp
Lee Roy Kirk Jr
Former President
$14,609
$14,609 No related compNo other comp
Gary Bostian
Director
No compensation reported

Contractors

Pike Electric Inc.
Construction
$3,205,523
Xylem Tree Experts
Row Maintenance
$2,176,948
Trulls Powerline CO Inc.
Construction
$1,745,488
Meridan Cooperative
Software
$1,707,364
Draw Enterprises
Construction
$973,891

Mission Statement

TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY DELIVERING ON OUR PROMISE TO PROVIDE SAFE, RELIABLE ELECTRIC POWER AND ENERGY SERVICES WITH EXCEPTIONAL VALUE.

Revisions to this organization profile

August 29, 2025:
2024 Union Electric Membership Corp. 990 filed
September 17, 2024:
2023 Union Electric Membership Corp. 990 filed
November 9, 2023:
2022 Union Electric Membership Corp. 990 filed

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