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Filing year 2024

ROANOKE ELECTRIC MEMBERSHIP CORPORATION

Aulander, North Carolina·EIN 56-0378505·12
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 · Schedule J · 15 reported individuals · Filing year 2024

$437k
$463k
Base
$300k
Bonus
$30k
Other
$20k
Benefits
$32k
$336k
$356k
Base
$240k
Bonus
$16k
Other
$4k
Benefits
$32k
VP Eng. & Op
vice president
$256k
$271k
Base
$183k
Bonus
$12k
Other
$6k
Benefits
$22k
Dir. Cust. E
highest compensated employee
$240k
$255k
Base
$162k
Bonus
$11k
Other
$8k
Benefits
$31k
Dir. Fybe En
highest compensated employee
$238k
$252k
Base
$175k
Bonus
$11k
Other
$9k
Benefits
$15k
VP Corp Svcs
vice president
$230k
$244k
Base
$176k
Bonus
$11k
Other
$3k
Benefits
$15k
Chairman
board chair
$27k
$29k
Director
board member
$22k
$23k
Vice Chairma
board vice chair
$19k
$21k
Director
board member
$19k
$20k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$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.

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.
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