ALBEMARLE EMC STRIVES TO SAFELY DELIVER RELIABLE POWER AND RELATED ENERGY SOLUTIONS TO OUR MEMBERS AND LOCAL COMMUNITIES BY PROVIDING THE HIGHEST VALUE THROUGH SERVICE EXCELLENCE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $206k
- Bonus
- $500
- Other
- $19k
- Benefits
- $12k
- Base
- $134k
- Bonus
- $500
- Other
- $13k
- Benefits
- $13k
- Base
- $130k
- Bonus
- $500
- Other
- $11k
- Benefits
- $15k
- Base
- $126k
- Bonus
- $500
- Other
- $8k
- Benefits
- $13k
- Base
- $132k
- Bonus
- $500
- Other
- $7k
- Benefits
- $12k
- Base
- $121k
- Bonus
- $500
- Other
- $9k
- Benefits
- $13k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Exec Vp/gm Officer (Unspecified) | $206k | $500 | $19k | $12k | $304k $323k |
Mgr of Corpo Highest Compensated Employee Median to 75th percentile | $134k | $500 | $13k | $13k | $205k $217k |
Crew Leader Highest Compensated Employee Median to 75th percentile | $130k | $500 | $11k | $15k | $194k $206k |
Mgr of Opera Highest Compensated Employee Median to 75th percentile | $126k | $500 | $8k | $13k | $188k $200k |
Crew Leader Highest Compensated Employee Median to 75th percentile | $132k | $500 | $7k | $12k | $187k $198k |
Lineman 1st Highest Compensated Employee Median to 75th percentile | $121k | $500 | $9k | $13k | $175k $186k |
President 10th to 25th percentile | — | — | — | — | $15k $16k |
Secretary Officer (Unspecified) | — | — | — | — | $13k $14k |
Director Board Member 25th percentile to median | — | — | — | — | $12k $13k |
Treasurer Officer (Unspecified) | — | — | — | — | $12k $13k |
Vice Preside Vice President 25th percentile to median | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $12k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $11k |
Director Board Member 25th percentile to median | — | — | — | — | $11k $11k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Down 25%
from 2023
From $406k in 2023 to $304k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 5% from 2023 to 2024, while revenue rose 4%.
- Chief Executive Officer pay fell 5% from 2023 to 2024.
- Board Member pay fell 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
ALBEMARLE ELECTRIC MEMBERSHIP CORP reported revenue and expenses across 2 filing years.
Common questions about ALBEMARLE ELECTRIC MEMBERSHIP CORP
What does the Highest Compensated Employee of ALBEMARLE ELECTRIC MEMBERSHIP CORP earn?
In 2024, the Highest Compensated Employee of ALBEMARLE ELECTRIC MEMBERSHIP CORP received $204,579 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at ALBEMARLE ELECTRIC MEMBERSHIP CORP compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at ALBEMARLE ELECTRIC MEMBERSHIP CORP falls between the median and the 75th percentile.
What are ALBEMARLE ELECTRIC MEMBERSHIP CORP's revenue and expenses?
In 2024, ALBEMARLE ELECTRIC MEMBERSHIP CORP reported $33.5M in total revenue and $33.5M in total expenses on its IRS Form 990.
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