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Filing year 2024

GEORGIA ELECTRIC MEMBERSHIP CORPORATION

Tucker, Georgia·EIN 58-0530279·501(c)(6)
Total revenue
$18M
Total assets
$13.3M
Total expenses
$17.3M
Reported officers
53
Mission

GEORGIA ELECTRIC MEMBERSHIP CORPORATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO : - FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF GEORGIA - FURTHER THE GENERAL WELFARE AND TO PROMOTE THE INTEREST OF THE MEMBERS OF GEMC; TO FURTHER THE SAFETY, STABILITY, SECURITY AND PROSPERITY OF ELECTRIC COOPERATIVES; TO AID IN SOLVING PROBLEMS COMMON TO ELECTRIC COOPERATIVES - DISSEMINATE INFORMATION RELATING TO THE RURAL ELECTRIFICATION PROGRAM; TO COOPERATE WITH FEDERAL, STATE AND MUNICIPAL AGENICES IN THE PROMOTION OF RURAL ELECTRIFICATION AND NATIONAL, STATE, COMMUNITY AND RURAL DEVELOPMENT; TO PROVIDE SERVICES AND INFORMATIONAL PROGRAMS THAT WILL STIMULATE LOCAL GROWTH, STABILITY AND SECURITY AND STRENGTHEN THE ELECTRIC COOPERATIVE PROGRAM IN GEORGIA - OTHERWISE ASSIST THE MEMBERS OF GEMC TO PROVIDE ELECTRIC ENERGY TO INHABITANTS OF MEMBER SERVICE AREAS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 50 reported individuals · Filing year 2024

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

President &
Above 90th percentile
$653k
$682k
Base
$383k
Bonus
$147k
Other
$24k
Benefits
$35k
SVP - Ext Af
Senior Vice President
75th to 90th percentile
$504k
$527k
Base
$338k
Bonus
$59k
Other
$11k
Benefits
$34k
CFO - Gemc
Above 90th percentile
$478k
$500k
Base
$325k
Bonus
$53k
Other
$14k
Benefits
$28k
Svp-comm/mem
Highest Compensated Employee
Above 90th percentile
$413k
$432k
Base
$266k
Bonus
$45k
Other
$12k
Benefits
$39k
Vp-gov Relat
Highest Compensated Employee
75th to 90th percentile
$322k
$337k
Base
$201k
Bonus
$34k
Other
$11k
Benefits
$38k
Vp-train, Ed
Highest Compensated Employee
75th to 90th percentile
$322k
$336k
Base
$201k
Bonus
$34k
Other
$15k
Benefits
$33k
Chairman
Board Chair
25th percentile to median
$8k
$8k
Vice-chair
Officer (Unspecified)
$5k
$6k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Director
Board Member
10th to 25th percentile
$2k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$600
$627
Director
Board Member
Below 10th percentile
$300
$313

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Up 22%
from 2023

From $534k in 2023 to $653k in 2024.

$534k
2023
$653k
2024
In today's dollarsEst.
Up 19% in real terms$572k to $682k

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 22% from 2023 to 2024, while revenue rose 6%.

$534k in 2023 to $653k in 2024.
  • Senior Vice President pay rose 9% from 2023 to 2024.
  • Chief Financial Officer pay rose 9% 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

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

RevenueExpenses
$17M
$16.4M
2023
$18M
$17.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GEORGIA ELECTRIC MEMBERSHIP CORPORATION

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

In 2024, the Chief Executive Officer of GEORGIA ELECTRIC MEMBERSHIP CORPORATION received $653,077 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 GEORGIA 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 GEORGIA ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

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

In 2024, GEORGIA ELECTRIC MEMBERSHIP CORPORATION reported $18M in total revenue and $17.3M in total expenses on its IRS Form 990.

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