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Filing year 2024

FOUR COUNTY ELECTRIC MEMBERSHIP CORP

Burgaw, North Carolina·EIN 56-0227152·501(c)(12)
Total revenue
$115M
Total assets
$275.4M
Total expenses
$108.5M
Reported officers
18
Mission

TO PROVIDE HIGHLY RELIABLE ELECTRIC SERVICES, INNOVATIVE ENERGY SOLUTIONS AND OUTSTANDING SERVICE TO OUR MEMBERS AND COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$530k
$563k
Base
$317k
Bonus
Other
Benefits
$27k
Vice President Engineering
Vice President
Above 90th percentile
$288k
$306k
Base
$204k
Bonus
Other
Benefits
$19k
Chief Financial Officer
75th to 90th percentile
$248k
$263k
Base
$243k
Bonus
Other
Benefits
$5k
Vice President Operations
Vice President
75th to 90th percentile
$207k
$220k
Base
$158k
Bonus
Other
Benefits
$23k
Vice President Human Resources
Vice President
75th to 90th percentile
$180k
$191k
Base
$139k
Bonus
Other
Benefits
$20k
Vice President Member Services
Vice President
75th to 90th percentile
$178k
$189k
Base
$144k
Bonus
Other
Benefits
$20k
Vice President Information Technology
Vice President
75th to 90th percentile
$168k
$179k
Base
$128k
Bonus
Other
Benefits
$22k
Vice President of Finance and Accounting
Vice President
75th to 90th percentile
$141k
$149k
Board Director
Board Member
Median to 75th percentile
$24k
$25k
Board Vice President
Board President
Median to 75th percentile
$23k
$25k
Board Director
Board Member
Median to 75th percentile
$23k
$24k
Board Secretary/treasurer
Officer (Unspecified)
$23k
$24k
Board President
Median to 75th percentile
$21k
$22k
Board Director
Board Member
Median to 75th percentile
$19k
$21k
Board Director
Board Member
Median to 75th percentile
$19k
$20k
Board Director
Board Member
Median to 75th percentile
$19k
$20k
Board Director
Board Member
Median to 75th percentile
$19k
$20k
Board Director
Board Member
Median to 75th percentile
$18k
$19k

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 3%
from 2023

From $514k in 2023 to $530k in 2024.

$514k
2023
$530k
2024
In today's dollarsEst.
Roughly flat in real terms$561k to $563k

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 3% from 2023 to 2024, while revenue rose 5%.

$514k in 2023 to $530k in 2024.
  • Vice President pay rose 13% from 2023 to 2024.
  • Chief Financial Officer pay rose 7% 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

FOUR COUNTY ELECTRIC MEMBERSHIP CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$109.3M
$102.5M
2023
$115M
$108.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FOUR COUNTY ELECTRIC MEMBERSHIP CORP

What does the Chief Executive Officer of FOUR COUNTY ELECTRIC MEMBERSHIP CORP earn?

In 2024, the Chief Executive Officer of FOUR COUNTY ELECTRIC MEMBERSHIP CORP received $530,432 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 FOUR COUNTY ELECTRIC MEMBERSHIP CORP compare with similar nonprofits?

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

What are FOUR COUNTY ELECTRIC MEMBERSHIP CORP's revenue and expenses?

In 2024, FOUR COUNTY ELECTRIC MEMBERSHIP CORP reported $115M in total revenue and $108.5M in total expenses on its IRS Form 990.

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