Mission
SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF LREMC.
Executive compensation, broken down
Form 990 · Schedule J · 20 reported individuals · Filing year 2024
VP Info Tech
vice president
$333k
$353k
- Base
- $161k
- Bonus
- $13k
- Other
- —
- Benefits
- $8k
President &
$333k
$353k
- Base
- $262k
- Bonus
- $16k
- Other
- —
- Benefits
- $23k
VP Member Sr
vice president
$276k
$292k
- Base
- $159k
- Bonus
- $12k
- Other
- $6k
- Benefits
- $8k
Sup of Opera
highest compensated employee
$247k
$262k
- Base
- $171k
- Bonus
- $6k
- Other
- $4k
- Benefits
- $15k
$239k
$254k
- Base
- $184k
- Bonus
- $12k
- Other
- $7k
- Benefits
- $16k
VP of HR
vice president
$209k
$222k
- Base
- $149k
- Bonus
- $9k
- Other
- —
- Benefits
- $15k
$204k
$217k
- Base
- $161k
- Bonus
- $11k
- Other
- —
- Benefits
- $23k
Director
board member
$23k
$24k
Director
board member
$20k
$21k
Chairman
board chair
$20k
$21k
Director
board member
$19k
$20k
Secretary
officer (unspecified)
$17k
$18k
Director
board member
$16k
$17k
Treasurer
officer (unspecified)
$16k
$17k
Director
board member
$16k
$17k
Vice Chairma
board vice chair
$16k
$17k
Director
board member
$16k
$17k
Director
board member
$16k
$17k
Director
board member
$15k
$16k
Director
board member
$15k
$16k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
VP Info Tech vice president | $161k | $13k | — | $8k | $333k $353k |
President & | $262k | $16k | — | $23k | $333k $353k |
VP Member Sr vice president | $159k | $12k | $6k | $8k | $276k $292k |
Sup of Opera highest compensated employee | $171k | $6k | $4k | $15k | $247k $262k |
COO | $184k | $12k | $7k | $16k | $239k $254k |
VP of HR vice president | $149k | $9k | — | $15k | $209k $222k |
CFO | $161k | $11k | — | $23k | $204k $217k |
Director board member | — | — | — | — | $23k $24k |
Director board member | — | — | — | — | $20k $21k |
Chairman board chair | — | — | — | — | $20k $21k |
Director board member | — | — | — | — | $19k $20k |
Secretary officer (unspecified) | — | — | — | — | $17k $18k |
Director board member | — | — | — | — | $16k $17k |
Treasurer officer (unspecified) | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $16k $17k |
Vice Chairma board vice chair | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $16k $17k |
Director board member | — | — | — | — | $15k $16k |
Director board member | — | — | — | — | $15k $16k |
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 28%
from 2023
From $260k in 2023 to $333k in 2024.
$260k
2023
$333k
2024
$260k
2023
$333k
2024
In today's dollarsEst.
Up 25% in real terms$284k to $353k
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
LUMBEE RIVER ELEC MEMBERSHIP CORP reported revenue and expenses across 2 filing years.
RevenueExpenses
$158.2M
$161.7M
2023
$169.6M
$170.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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