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Filing year 2024

SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION

Dobson, North Carolina·EIN 56-0421795·12
Total revenue
$63.2M
Total assets
$181.4M
Total expenses
$62.8M
Reported officers
17
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

Executive VP
executive vice president
$482k
$511k
Base
$317k
Bonus
$13k
Other
$18k
Benefits
$33k
VP of Financ
vice president
$270k
$286k
Base
$175k
Bonus
$7k
Other
$5k
Benefits
$29k
VP of Operat
vice president
$266k
$282k
Base
$172k
Bonus
$7k
Other
$6k
Benefits
$29k
VP of Mbr Sr
vice president
$240k
$255k
Base
$161k
Bonus
$7k
Other
$9k
Benefits
$14k
Manager of O
highest compensated employee
$224k
$237k
Base
$140k
Bonus
$6k
Other
$7k
Benefits
$28k
Journey Line
highest compensated employee
$208k
$221k
Base
$160k
Bonus
$2k
Other
$327
Benefits
$23k
$24k
$25k
Director
board member
$20k
$21k
Director
board member
$20k
$21k
Vice Preside
vice president
$20k
$21k
Director
board member
$19k
$20k
Secretary
officer (unspecified)
$19k
$20k
Director
board member
$17k
$18k
Treasurer
officer (unspecified)
$17k
$18k
Director
board member
$17k
$18k
Director (fe
board member
$15k
$16k
Director (ja
board member
$1k
$1k

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 7%
from 2023

From $452k in 2023 to $482k in 2024.

$452k
2023
$482k
2024
In today's dollarsEst.
Up 4% in real terms$493k to $511k

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

SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$58.4M
$58.4M
2023
$63.2M
$62.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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