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Filing year 2024

SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION

Dobson, North Carolina·EIN 56-0421795·501(c)(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 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

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

Executive VP
Executive Vice President
75th to 90th percentile
$482k
$511k
Base
$317k
Bonus
$13k
Other
$18k
Benefits
$33k
VP of Financ
Board Vice President
75th to 90th percentile
$270k
$286k
Base
$175k
Bonus
$7k
Other
$5k
Benefits
$29k
VP of Operat
Board Vice President
75th to 90th percentile
$266k
$282k
Base
$172k
Bonus
$7k
Other
$6k
Benefits
$29k
VP of Mbr Sr
Board Vice President
75th to 90th percentile
$240k
$255k
Base
$161k
Bonus
$7k
Other
$9k
Benefits
$14k
Manager of O
Highest Compensated Employee
Median to 75th percentile
$224k
$237k
Base
$140k
Bonus
$6k
Other
$7k
Benefits
$28k
Journey Line
Highest Compensated Employee
Median to 75th percentile
$208k
$221k
Base
$160k
Bonus
$2k
Other
$327
Benefits
$23k
President
10th to 25th percentile
$24k
$25k
Director
Board Member
Median to 75th percentile
$20k
$21k
Vice Preside
Vice President
25th percentile to median
$20k
$21k
Director
Board Member
Median to 75th percentile
$20k
$21k
Secretary
Officer (Unspecified)
$19k
$20k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$17k
$18k
Treasurer
Officer (Unspecified)
$17k
$18k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director (fe
Board Member
25th percentile to median
$15k
$16k
Director (ja
Board Member
Below 10th percentile
$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.

Pay for the position

Executive Vice President pay rose 7% from 2023 to 2024, while revenue rose 8%.

$452k in 2023 to $482k in 2024.
  • Board Vice President pay rose 10% from 2023 to 2024.
  • Highest Compensated Employee pay rose 9% 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

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.
FAQ

Common questions about SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION

What does the Executive Vice President of SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION earn?

In 2024, the Executive Vice President of SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION received $481,819 in total compensation. This pay is in the top quarter for Executive Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Executive Vice President at SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION falls between the 75th and 90th percentiles.

What are SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?

In 2024, SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION reported $63.2M in total revenue and $62.8M in total expenses on its IRS Form 990.

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