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.
- Base
- $383k
- Bonus
- $147k
- Other
- $24k
- Benefits
- $35k
- Base
- $338k
- Bonus
- $59k
- Other
- $11k
- Benefits
- $34k
- Base
- $325k
- Bonus
- $53k
- Other
- $14k
- Benefits
- $28k
- Base
- $266k
- Bonus
- $45k
- Other
- $12k
- Benefits
- $39k
- Base
- $201k
- Bonus
- $34k
- Other
- $11k
- Benefits
- $38k
- Base
- $201k
- Bonus
- $34k
- Other
- $15k
- Benefits
- $33k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Above 90th percentile | $383k | $147k | $24k | $35k | $653k $682k |
SVP - Ext Af Senior Vice President 75th to 90th percentile | $338k | $59k | $11k | $34k | $504k $527k |
CFO - Gemc Above 90th percentile | $325k | $53k | $14k | $28k | $478k $500k |
Svp-comm/mem Highest Compensated Employee Above 90th percentile | $266k | $45k | $12k | $39k | $413k $432k |
Vp-gov Relat Highest Compensated Employee 75th to 90th percentile | $201k | $34k | $11k | $38k | $322k $337k |
Vp-train, Ed Highest Compensated Employee 75th to 90th percentile | $201k | $34k | $15k | $33k | $322k $336k |
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.
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.
Chief Executive Officer pay rose 22% from 2023 to 2024, while revenue rose 6%.
- 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.
Revenue and expenses over time
GEORGIA ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.
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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