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Filing year 2024

BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION

Shallotte, North Carolina·EIN 56-0154512·501(c)(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 · Part VII & Schedule J · 25 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO / Gen Mg
Above 90th percentile
$710k
$753k
Base
$497k
Bonus
Other
Benefits
$31k
VP Corp Serv
Vice President
Above 90th percentile
$417k
$442k
Base
$341k
Bonus
$7k
Other
Benefits
$30k
VP Finance
Vice President
Above 90th percentile
$415k
$440k
Base
$299k
Bonus
$7k
Other
Benefits
$30k
COO
Above 90th percentile
$403k
$428k
Base
$335k
Bonus
$8k
Other
Benefits
$23k
VP Technolog
Vice President
Above 90th percentile
$376k
$398k
Base
$280k
Bonus
$7k
Other
Benefits
$31k
Mgr Operatio
Key Employee
75th to 90th percentile
$275k
$292k
Base
$235k
Bonus
$6k
Other
Benefits
$31k
Mgr, Info Te
Highest Compensated Employee
Median to 75th percentile
$228k
$242k
Base
$189k
Bonus
$5k
Other
Benefits
$31k
Mgr Operatio
Key Employee
Median to 75th percentile
$228k
$241k
Base
$189k
Bonus
$5k
Other
Benefits
$31k
Mgr Customer
Key Employee
Median to 75th percentile
$216k
$229k
Base
$195k
Bonus
$5k
Other
Benefits
$12k
Super. Dist
Key Employee
Median to 75th percentile
$197k
$209k
Base
$160k
Bonus
$4k
Other
Benefits
$31k
Foreman
Highest Compensated Employee
Median to 75th percentile
$197k
$209k
Base
$161k
Bonus
$3k
Other
Benefits
$31k
Dist. Ops Su
Highest Compensated Employee
Median to 75th percentile
$195k
$207k
Base
$159k
Bonus
$3k
Other
Benefits
$31k
Foreman
Highest Compensated Employee
Median to 75th percentile
$194k
$206k
Base
$158k
Bonus
$3k
Other
Benefits
$31k
Ops Tech Mgr
Highest Compensated Employee
Median to 75th percentile
$193k
$205k
Base
$156k
Bonus
$4k
Other
Benefits
$31k
VP Eng & Ops
Vice President
Median to 75th percentile
$116k
$123k
President
25th percentile to median
$67k
$71k
Sect./ Treas
Officer (Unspecified)
$53k
$56k
Director
Board Member
75th to 90th percentile
$53k
$56k
Director
Board Member
Median to 75th percentile
$51k
$54k
Vice Preside
Vice President
25th percentile to median
$37k
$39k
Director
Board Member
Median to 75th percentile
$31k
$33k
Director
Board Member
Median to 75th percentile
$26k
$27k
Director
Board Member
Median to 75th percentile
$24k
$25k
Asst. Sect./
Officer (Unspecified)
$24k
$25k
Director
Board Member
10th to 25th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 9% from 2023 to 2024, while revenue rose 9%.

$652k in 2023 to $710k in 2024.
  • Vice President pay rose 12% from 2023 to 2024.
  • Chief Operating Officer pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Executive Officer of BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Chief Executive Officer of BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION received $710,226 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

What are BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION reported $237.1M in total revenue and $229.6M in total expenses on its IRS Form 990.

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