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Filing year 2024

ROANOKE ELECTRIC MEMBERSHIP CORPORATION

Aulander, North Carolina·EIN 56-0378505·501(c)(12)
Total revenue
$57.2M
Total assets
$218.2M
Total expenses
$61.7M
Reported officers
15
Mission

ROANOKE EMC: HTTPS://WWW.ROANOKECOOPERATIVE.COM/ABOUT-US/CORPORATE-STRATEGY/ TO PURSUE INNOVATION RELENTLESSLY AND OFFER THE FINEST, MOST RELIABLE, AND COST-EFFICIENT SERVICES IN THE INDUSTRY. THE CO-OP WILL SERVE MEMBER-OWNERS TIRELESSLY AND ENHANCE THEIR LIVES AND COMMUNITIES. OUR VISION IS THAT THE CO-OP WILL COMMIT TO BEING ONE OF OUR MEMBER-OWNERS MOST TRUSTED SERVICE PROVIDERS AND MOST ADMIRED BY ITS PEERS. ROANOKE CONNECT HOLDINGS, LLC DBA FYBE: HTTPS://WWW.GOFYBE.COM/ABOUT-US/WHO-IS-FYBE/ ENABLING EVERY PERSON AND ORGANIZATION IN RURAL NORTH CAROLINA TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN THIS DIGITAL AGE WITH THE HIGHEST QUALITY, MOST RELIABLE HIGH-SPEED FIBER-OPTIC SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

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

President &
Above 90th percentile
$437k
$463k
Base
$300k
Bonus
$30k
Other
$20k
Benefits
$32k
Coo, Fybe
Above 90th percentile
$336k
$356k
Base
$240k
Bonus
$16k
Other
$4k
Benefits
$32k
VP Eng. & Op
Board Vice President
75th to 90th percentile
$256k
$271k
Base
$183k
Bonus
$12k
Other
$6k
Benefits
$22k
Dir. Cust. E
Highest Compensated Employee
75th to 90th percentile
$240k
$255k
Base
$162k
Bonus
$11k
Other
$8k
Benefits
$31k
Dir. Fybe En
Highest Compensated Employee
75th to 90th percentile
$238k
$252k
Base
$175k
Bonus
$11k
Other
$9k
Benefits
$15k
VP Corp Svcs
Board Vice President
75th to 90th percentile
$230k
$244k
Base
$176k
Bonus
$11k
Other
$3k
Benefits
$15k
Chairman
Board Chair
Median to 75th percentile
$27k
$29k
Director
Board Member
Median to 75th percentile
$22k
$23k
Vice Chairma
Board Vice Chair
Median to 75th percentile
$19k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Asst. Sec/tr
Officer (Unspecified)
$16k
$17k
Secretary/tr
Officer (Unspecified)
$12k
$12k

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 12%
from 2023

From $389k in 2023 to $437k in 2024.

$389k
2023
$437k
2024
In today's dollarsEst.
Up 9% in real terms$425k to $463k

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 12% from 2023 to 2024, while revenue rose 24%.

$389k in 2023 to $437k in 2024.
  • Chief Operating Officer pay rose 16% from 2023 to 2024.
  • Board Vice President pay rose 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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

ROANOKE ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$46.3M
$49.4M
2023
$57.2M
$61.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ROANOKE ELECTRIC MEMBERSHIP CORPORATION

What does the Chief Executive Officer of ROANOKE ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Chief Executive Officer of ROANOKE ELECTRIC MEMBERSHIP CORPORATION received $436,590 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 ROANOKE 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 ROANOKE ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.

What are ROANOKE ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, ROANOKE ELECTRIC MEMBERSHIP CORPORATION reported $57.2M in total revenue and $61.7M in total expenses on its IRS Form 990.

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