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Filing year 2024

PEE DEE ELECTRIC MEMBERSHIP CORP

Lilesville, North Carolina·EIN 56-0123345·501(c)(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 · Part VII & Schedule J · 18 reported individuals · Filing year 2024

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

CEO & Exec.
Above 90th percentile
$510k
$541k
Base
$308k
Bonus
Other
Benefits
$7k
VP Eng. & Op
Vice President
75th to 90th percentile
$225k
$238k
Base
$183k
Bonus
Other
Benefits
$7k
Lineman Firs
Highest Compensated Employee
Median to 75th percentile
$224k
$238k
Base
$173k
Bonus
Other
Benefits
$13k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$213k
$226k
Base
$139k
Bonus
Other
Benefits
$7k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$184k
$195k
Base
$136k
Bonus
Other
Benefits
$20k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$177k
$188k
Base
$136k
Bonus
Other
Benefits
$7k
Serviceman
Highest Compensated Employee
25th percentile to median
$158k
$167k
Base
$138k
Bonus
Other
Benefits
$7k
VP of Financ
Vice President
75th to 90th percentile
$156k
$166k
Base
$123k
Bonus
Other
Benefits
$20k
President
10th to 25th percentile
$15k
$16k
Director
Board Member
25th percentile to median
$10k
$11k
Vice Preside
Vice President
25th percentile to median
$9k
$9k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Sec. / Treas
Officer (Unspecified)
$5k
$5k
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
$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.

Pay for the position

Chief Executive Officer pay rose 7% from 2021 to 2024, while revenue rose 15%.

$475k in 2021 to $510k in 2024.
  • Vice President pay rose 12% from 2021 to 2024.
  • Highest Compensated Employee pay rose 14% from 2021 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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

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.
FAQ

Common questions about PEE DEE ELECTRIC MEMBERSHIP CORP

What does the Chief Executive Officer of PEE DEE ELECTRIC MEMBERSHIP CORP earn?

In 2024, the Chief Executive Officer of PEE DEE ELECTRIC MEMBERSHIP CORP received $510,310 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 PEE DEE ELECTRIC MEMBERSHIP CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PEE DEE ELECTRIC MEMBERSHIP CORP falls in the top 10%.

What are PEE DEE ELECTRIC MEMBERSHIP CORP's revenue and expenses?

In 2024, PEE DEE ELECTRIC MEMBERSHIP CORP reported $56.8M in total revenue and $57.4M in total expenses on its IRS Form 990.

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