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Filing year 2024

PEE DEE ELECTRIC MEMBERSHIP CORP

Lilesville, North Carolina·EIN 56-0123345·12
Total revenue
$56.8M
Total assets
$172.7M
Total expenses
$57.4M
Reported officers
18
Mission

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF PDEMC

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

$510k
$541k
Base
$308k
Bonus
Other
Benefits
$7k
VP Eng. & Op
vice president
$225k
$238k
Base
$183k
Bonus
Other
Benefits
$7k
Lineman Firs
highest compensated employee
$224k
$238k
Base
$173k
Bonus
Other
Benefits
$13k
Crew Foreman
highest compensated employee
$213k
$226k
Base
$139k
Bonus
Other
Benefits
$7k
Crew Foreman
highest compensated employee
$184k
$195k
Base
$136k
Bonus
Other
Benefits
$20k
Crew Foreman
highest compensated employee
$177k
$188k
Base
$136k
Bonus
Other
Benefits
$7k
Serviceman
highest compensated employee
$158k
$167k
Base
$138k
Bonus
Other
Benefits
$7k
VP of Financ
vice president
$156k
$166k
Base
$123k
Bonus
Other
Benefits
$20k
$15k
$16k
Director
board member
$10k
$11k
Vice Preside
vice president
$9k
$9k
Director
board member
$5k
$6k
Director
board member
$5k
$5k
Sec. / Treas
officer (unspecified)
$5k
$5k
Director
board member
$4k
$4k
Director
board member
$3k
$3k
Director
board member
$3k
$3k
Director
board member
$2k
$2k

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 7%
over 3 years

From $475k in 2021 to $510k in 2024.

$475k
2021
$472k
2023
$510k
2024
In today's dollarsEst.
Down 8% in real terms$588k to $541k

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

PEE DEE ELECTRIC MEMBERSHIP CORP reported revenue and expenses across 3 filing years.

RevenueExpenses
$49.2M
$49M
2021
$50.3M
$51.6M
2023
$56.8M
$57.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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