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Filing year 2024

ENERGYUNITED ELECTRIC MEMBERSHIP CO

Statesville, North Carolina·EIN 56-2097218·501(c)(12)
Total revenue
$301.1M
Total assets
$620.9M
Total expenses
$291.5M
Reported officers
23
Mission

PROVIDE ELECTRICAL SERVICE TO MEMBERS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$616k
$653k
Base
$524k
Bonus
$53k
Other
Benefits
$7k
Ceo-retired
Former Officer/director/trustee
Above 90th percentile
$525k
$557k
CFO
Above 90th percentile
$387k
$411k
Base
$298k
Bonus
$36k
Other
Benefits
$23k
COO
Above 90th percentile
$380k
$403k
Base
$293k
Bonus
$33k
Other
Benefits
$30k
Chro
Key Employee
75th to 90th percentile
$367k
$389k
Base
$284k
Bonus
$32k
Other
Benefits
$23k
VP Energy Delivery
Board Vice President
Above 90th percentile
$326k
$346k
Base
$260k
Bonus
$30k
Other
Benefits
$25k
VP Energy Services
Board Vice President
75th to 90th percentile
$303k
$322k
Base
$233k
Bonus
$28k
Other
Benefits
$19k
Director of Operations
75th to 90th percentile
$295k
$313k
Base
$177k
Bonus
$13k
Other
Benefits
$21k
VP Information Tech
Board Vice President
75th to 90th percentile
$265k
$282k
Base
$220k
Bonus
$4k
Other
Benefits
$19k
Former President-retired
75th to 90th percentile
$260k
$276k
Base
$32k
Bonus
Other
Benefits
Lineman
Highest Compensated Employee
Median to 75th percentile
$213k
$226k
Base
$181k
Bonus
$7k
Other
Benefits
$20k
Lineman
Highest Compensated Employee
Median to 75th percentile
$213k
$226k
Base
$173k
Bonus
$1k
Other
Benefits
$27k
Lineman
Highest Compensated Employee
Median to 75th percentile
$209k
$222k
Base
$180k
Bonus
$2k
Other
Benefits
$16k
IT Manager
75th to 90th percentile
$203k
$215k
Base
$162k
Bonus
$13k
Other
Benefits
$23k
President
10th to 25th percentile
$29k
$31k
Director
Board Member
Median to 75th percentile
$29k
$31k
Treasurer
Officer (Unspecified)
$27k
$29k
Secretary
Officer (Unspecified)
$27k
$28k
Director
Board Member
Median to 75th percentile
$27k
$28k
Vice President
25th percentile to median
$26k
$27k
Director
Board Member
Median to 75th percentile
$22k
$24k
Director
Board Member
25th percentile to median
$15k
$16k
Director
Board Member
25th percentile to median
$9k
$9k

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.

Climbed 11%
over 2 years

From $556k in 2022 to $616k in 2024.

$556k
2022
$517k
2023
$616k
2024
In today's dollarsEst.
Up 3% in real terms$634k to $653k

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 11% from 2022 to 2024, while revenue rose 6%.

$556k in 2022 to $616k in 2024.
  • Former Officer/director/trustee pay rose 644% from 2022 to 2024.
  • Chief Financial Officer pay rose 4% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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

ENERGYUNITED ELECTRIC MEMBERSHIP CO reported revenue and expenses across 3 filing years.

RevenueExpenses
$283M
$276.5M
2022
$290M
$281.4M
2023
$301.1M
$291.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ENERGYUNITED ELECTRIC MEMBERSHIP CO

What does the Chief Executive Officer of ENERGYUNITED ELECTRIC MEMBERSHIP CO earn?

In 2024, the Chief Executive Officer of ENERGYUNITED ELECTRIC MEMBERSHIP CO received $615,995 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 ENERGYUNITED ELECTRIC MEMBERSHIP CO compare with similar nonprofits?

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

What are ENERGYUNITED ELECTRIC MEMBERSHIP CO's revenue and expenses?

In 2024, ENERGYUNITED ELECTRIC MEMBERSHIP CO reported $301.1M in total revenue and $291.5M in total expenses on its IRS Form 990.

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