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Filing year 2024

BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION

Shallotte, North Carolina·EIN 56-0154512·12
Total revenue
$237.1M
Total assets
$535.2M
Total expenses
$229.6M
Reported officers
25
Mission

THE MISSION OF BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION IS TO PROVIDE OUR COOPERATIVE MEMBERSHIP WITH SUPERIOR ELECTRIC AND CONSUMER SERVICES THROUGH OPEN COMMUNICATION, UTILIZING A HIGHLY-TRAINED, EFFICIENT WORK FORCE IN CONJUNCTION WITH A KNOWLEDGEABLE AND WELL-INFORMED MEMBERSHIP. OUR PRIMARY GOAL IS TO DISTRIBUTE SAFE, AFFORDABLE, RELIABLE, AND ENVIRONMENTALLY RESPONSIBLE ELECTRICITY TO OUR MEMBERSHIP.

Executive compensation, broken down

Form 990 · Schedule J · 25 reported individuals · Filing year 2024

$710k
$753k
Base
$497k
Bonus
Other
Benefits
$31k
VP Corp Serv
vice president
$417k
$442k
Base
$341k
Bonus
$7k
Other
Benefits
$30k
VP Finance
vice president
$415k
$440k
Base
$299k
Bonus
$7k
Other
Benefits
$30k
Base
$335k
Bonus
$8k
Other
Benefits
$23k
VP Technolog
vice president
$376k
$398k
Base
$280k
Bonus
$7k
Other
Benefits
$31k
Mgr Operatio
key employee
$275k
$292k
Base
$235k
Bonus
$6k
Other
Benefits
$31k
Mgr, Info Te
highest compensated employee
$228k
$242k
Base
$189k
Bonus
$5k
Other
Benefits
$31k
Mgr Operatio
key employee
$228k
$241k
Base
$189k
Bonus
$5k
Other
Benefits
$31k
Mgr Customer
key employee
$216k
$229k
Base
$195k
Bonus
$5k
Other
Benefits
$12k
Super. Dist
key employee
$197k
$209k
Base
$160k
Bonus
$4k
Other
Benefits
$31k
Foreman
highest compensated employee
$197k
$209k
Base
$161k
Bonus
$3k
Other
Benefits
$31k
Dist. Ops Su
highest compensated employee
$195k
$207k
Base
$159k
Bonus
$3k
Other
Benefits
$31k
Foreman
highest compensated employee
$194k
$206k
Base
$158k
Bonus
$3k
Other
Benefits
$31k
Ops Tech Mgr
highest compensated employee
$193k
$205k
Base
$156k
Bonus
$4k
Other
Benefits
$31k
VP Eng & Ops
vice president
$116k
$123k
$67k
$71k
Sect./ Treas
officer (unspecified)
$53k
$56k
Director
board member
$53k
$56k
Director
board member
$51k
$54k
Vice Preside
vice president
$37k
$39k
Director
board member
$31k
$33k
Director
board member
$26k
$27k
Director
board member
$24k
$25k
Asst. Sect./
officer (unspecified)
$24k
$25k
Director
board member
$2k
$3k

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.

Up 9%
from 2023

From $652k in 2023 to $710k in 2024.

$652k
2023
$710k
2024
In today's dollarsEst.
Up 6% in real terms$712k to $753k

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 reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$218.1M
$213.4M
2023
$237.1M
$229.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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