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Filing year 2024

Tri-County Electric Membership Corporation

Dudley, North Carolina·EIN 56-0432086·12
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 · Schedule J · 19 reported individuals · Filing year 2024

General Manager
key employee
$313k
$332k
Base
$302k
Bonus
$11k
Other
Benefits
Manager of Engineering
key employee
$203k
$215k
Base
$192k
Bonus
$10k
Other
Benefits
Manager of Finance and Administration
key employee
$196k
$207k
Base
$185k
Bonus
$10k
Other
Benefits
Line Superintendent
highest compensated employee
$157k
$167k
Base
$151k
Bonus
$6k
Other
Benefits
Lineman Foreman
highest compensated employee
$155k
$164k
Base
$149k
Bonus
$6k
Other
Benefits
Working Foreman
highest compensated employee
$150k
$160k
Base
$144k
Bonus
$6k
Other
Benefits
Foreman
highest compensated employee
$150k
$159k
Base
$145k
Bonus
$6k
Other
Benefits
Manager Member Svc
highest compensated employee
$149k
$158k
$27k
$29k
Secretary
officer (unspecified)
$24k
$25k
Director
board member
$21k
$22k
Director
board member
$21k
$22k
Director
board member
$20k
$22k
$17k
$18k
Director
board member
$12k
$12k
Director
board member
$12k
$12k
Treasurer
officer (unspecified)
$11k
$12k
Director
board member
$10k
$11k
Director
board member
$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.

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.
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