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Filing year 2024

FRENCH BROAD ELECTRIC MEMBERSHIP CORPORATION

Marshall, North Carolina·EIN 56-0229234·12
Total revenue
$87.8M
Total assets
$201.5M
Total expenses
$86.9M
Reported officers
21
Mission

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO MEMBERS OF FRENCH BROAD EMC.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

General Mana
officer (unspecified)
$741k
$786k
Base
$426k
Bonus
$220
Other
$5k
Benefits
$26k
District Man
key employee
$417k
$443k
Base
$235k
Bonus
$210
Other
$4k
Benefits
$24k
Office Manag
officer (unspecified)
$406k
$431k
Base
$228k
Bonus
$195
Other
$5k
Benefits
$24k
District Man
key employee
$402k
$427k
Base
$211k
Bonus
$210
Other
$2k
Benefits
$24k
Eng. & Opr.
key employee
$282k
$299k
Base
$192k
Bonus
$162
Other
$650
Benefits
$23k
Fiber Crew L
highest compensated employee
$246k
$261k
Base
$180k
Bonus
$188
Other
$1k
Benefits
$22k
Operations M
highest compensated employee
$223k
$236k
Base
$189k
Bonus
$269
Other
$7k
Benefits
$24k
Service Tech
highest compensated employee
$222k
$236k
Base
$169k
Bonus
$190
Other
$1k
Benefits
$22k
Line Crew Le
highest compensated employee
$203k
$216k
Base
$154k
Bonus
$179
Other
$499
Benefits
$22k
Line Crew Le
highest compensated employee
$196k
$208k
Base
$156k
Bonus
$135
Other
$543
Benefits
$22k
Director
board member
$44k
$46k
Treasurer
officer (unspecified)
$41k
$43k
Vice Preside
vice president
$39k
$42k
Director
board member
$39k
$41k
$37k
$39k
Director
board member
$37k
$39k
Director
board member
$37k
$39k
Director
board member
$36k
$38k
Director
board member
$36k
$38k
Director
board member
$36k
$38k
Secretary
officer (unspecified)
$20k
$22k

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 28%
over 3 years

From $580k in 2021 to $741k in 2024.

$580k
2021
$703k
2023
$741k
2024
In today's dollarsEst.
Up 9% in real terms$719k to $786k

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

FRENCH BROAD ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$74.3M
$72.9M
2021
$85.2M
$83.9M
2023
$87.8M
$86.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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