Fiscal year ending 2019. Filed on October 5, 2020.
PO Box 1229
Wake Forest, North Carolina 27588
Wake Electric Membership Corporation (EIN: 56-0440935) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Wake Electric Membership Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 53 total employees. Among the employees shown here, the average compensation is $319,735. The highest compensated employee at Wake Electric Membership Corporation is James E Mangum Jr with fiscal year 2019 compensation of $751,479.
Revenue
Expenses
Employee compensation
WAKE ELECTRIC PROVIDES RELIABLE, SAFE, AND AFFORDABLE ENERGY AND RELATED SERVICES. WAKE ELECTRIC OPERATES AS A COOPERATIVE BUSINESS AND CONTINUALLY IMPROVES ITS SERVICES TO MEET THE NEEDS OF OUR MEMBERS AND ENHANCE THEIR QUALITY OF LIFE. WAKE ELECTRIC OPERATES A SUSTAINABLE ELECTRIC SYSTEM. SUSTAINABLE MEANS DELIVERING AFFORDABLE, INCREASINGLY CLEAN ELECTRICITY OVER A GRID THAT IS MORE EFFICIENT, RESILIENT AND CAPABLE OF SUPPORTING NEW ENERGY RESOURCES.
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