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Filing year 2024

Tri-County Electric Membership Corporation

Dudley, North Carolina·EIN 56-0432086·501(c)(12)
Total revenue
$65.8M
Total assets
$115M
Total expenses
$64.2M
Reported officers
19
Mission

TRI-COUNTY ELECTRIC MEMBERSHIP CORPORATION IS A MEMBER-DRIVEN COOPERATIVE COMMITTED TO SAFELY PROVIDE RELIABLE ELECTRIC POWER, OFFER SUPERIOR SERVICE, TAKE AN ACTIVE ROLE IN SUPPORTING THE COMMUNITIES IT SERVES

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

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

General Manager
75th to 90th percentile
$313k
$332k
Base
$302k
Bonus
$11k
Other
Benefits
Manager of Engineering
Key Employee
Median to 75th percentile
$203k
$215k
Base
$192k
Bonus
$10k
Other
Benefits
Manager of Finance and Administration
Finance Manager
Above 90th percentile
$196k
$207k
Base
$185k
Bonus
$10k
Other
Benefits
Line Superintendent
Highest Compensated Employee
25th percentile to median
$157k
$167k
Base
$151k
Bonus
$6k
Other
Benefits
Lineman Foreman
Highest Compensated Employee
25th percentile to median
$155k
$164k
Base
$149k
Bonus
$6k
Other
Benefits
Working Foreman
Highest Compensated Employee
25th percentile to median
$150k
$160k
Base
$144k
Bonus
$6k
Other
Benefits
Foreman
Highest Compensated Employee
25th percentile to median
$150k
$159k
Base
$145k
Bonus
$6k
Other
Benefits
Manager Member Svc
Highest Compensated Employee
25th percentile to median
$149k
$158k
President
10th to 25th percentile
$27k
$29k
Secretary
Officer (Unspecified)
$24k
$25k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$20k
$22k
Vice-president
10th to 25th percentile
$17k
$18k
Director
Board Member
25th percentile to median
$12k
$12k
Director
Board Member
25th percentile to median
$12k
$12k
Treasurer
Officer (Unspecified)
$11k
$12k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$11k

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 4%
from 2023

From $300k in 2023 to $313k in 2024.

$300k
2023
$313k
2024
In today's dollarsEst.
Up 1% in real terms$328k to $332k

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

General Manager pay rose 4% from 2023 to 2024, while revenue rose 7%.

$300k in 2023 to $313k in 2024.
  • Key Employee pay rose 3% from 2023 to 2024.
  • Finance Manager pay rose 1% 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

Tri-County Electric Membership Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$61.5M
$62.3M
2023
$65.8M
$64.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Tri-County Electric Membership Corporation

What does the General Manager of Tri-County Electric Membership Corporation earn?

In 2024, the General Manager of Tri-County Electric Membership Corporation received $312,912 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at Tri-County Electric Membership Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at Tri-County Electric Membership Corporation falls between the 75th and 90th percentiles.

What are Tri-County Electric Membership Corporation's revenue and expenses?

In 2024, Tri-County Electric Membership Corporation reported $65.8M in total revenue and $64.2M in total expenses on its IRS Form 990.

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