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Filing year 2024

Joe Wheeler Electric Membership Corporation

Trinity, Alabama·EIN 63-0224987·12
Total revenue
$219.2M
Total assets
$407.1M
Total expenses
$220.4M
Reported officers
19
Mission

Joe Wheeler EMC is committed to providing efficient, reliable utility services that enhance the lives and businesses and exceed the expectations of members and customers in Lawrence and Morgan Counties and surrounding communities.

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2024

Chief Financial Officer
$536k
$569k
Base
$365k
Bonus
Other
$2k
Benefits
$29k
Ceo/general Manager
officer (unspecified)
$434k
$460k
Base
$311k
Bonus
Other
$3k
Benefits
$30k
Director of Engineering
highest compensated employee
$297k
$315k
Base
$185k
Bonus
Other
$1k
Benefits
$28k
Journeyman Lineman
highest compensated employee
$244k
$259k
Base
$198k
Bonus
Other
$174
Benefits
$27k
Journeyman Lineman
highest compensated employee
$235k
$249k
Base
$198k
Bonus
Other
$104
Benefits
$27k
Equipment Serviceman
highest compensated employee
$231k
$245k
Base
$177k
Bonus
Other
$179
Benefits
$27k
Journeyman Lineman
highest compensated employee
$209k
$222k
Base
$171k
Bonus
Other
$139
Benefits
$27k
Former Ceo/general Manager
former officer/director/trustee
$174k
$185k
Base
$174k
Bonus
Other
Benefits
Director
board member
$12k
$12k
Director/sec/treas
officer (unspecified)
$11k
$12k
Director/president
$11k
$12k
Director/vice President
$11k
$12k
Director
board member
$11k
$11k
Director
board member
$11k
$11k
Director
board member
$10k
$11k
Director
board member
$10k
$11k
Director
board member
$10k
$11k
Director
board member
$9k
$9k
Director
board member
$627
$665

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 48%
from 2023

From $362k in 2023 to $536k in 2024.

$362k
2023
$536k
2024
In today's dollarsEst.
Up 44% in real terms$395k to $569k

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

Joe Wheeler Electric Membership Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$187.8M
$186.4M
2023
$219.2M
$220.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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