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Filing year 2024

UNION ELECTRIC MEMBERSHIP CORP

Monroe, North Carolina·EIN 56-0435549·501(c)(12)
Total revenue
$204.9M
Total assets
$512M
Total expenses
$203.6M
Reported officers
17
Mission

TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY DELIVERING ON OUR PROMISE TO PROVIDE SAFE, RELIABLE ELECTRIC POWER AND ENERGY SERVICES WITH EXCEPTIONAL VALUE.

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.

EVP VP & Gen
Executive Vice President
Above 90th percentile
$1.2M
$1.2M
Base
$785k
Bonus
Other
Benefits
$33k
VP Eng & Ope
Vice President
Above 90th percentile
$526k
$558k
Base
$336k
Bonus
$35k
Other
Benefits
$33k
VP Fin & Acc
Vice President
Above 90th percentile
$516k
$547k
Base
$329k
Bonus
$34k
Other
Benefits
$33k
Mgr of Eng
Highest Compensated Employee
75th to 90th percentile
$341k
$362k
Base
$212k
Bonus
$11k
Other
Benefits
$33k
VP Comms & M
Board Vice President
Above 90th percentile
$339k
$359k
Base
$204k
Bonus
$13k
Other
Benefits
$33k
VP Info Serv
Board Vice President
Above 90th percentile
$338k
$359k
Base
$228k
Bonus
$13k
Other
Benefits
$33k
Mgr Operatio
Highest Compensated Employee
75th to 90th percentile
$248k
$263k
Base
$204k
Bonus
$11k
Other
Benefits
$33k
Mgr Finance
Finance Manager
Above 90th percentile
$219k
$232k
Base
$169k
Bonus
$17k
Other
Benefits
$33k
President
10th to 25th percentile
$21k
$22k
Director
Board Member
Median to 75th percentile
$19k
$20k
Vice Preside
Vice President
25th percentile to median
$17k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$16k
$17k
Asst. Sec/tr
Officer (Unspecified)
$16k
$17k
Director
Board Member
25th percentile to median
$15k
$16k
Sec-treas
Officer (Unspecified)
$15k
$16k

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 9%
from 2023

From $1.1M in 2023 to $1.2M in 2024.

$1.1M
2023
$1.2M
2024
In today's dollarsEst.
Up 5% in real terms$1.2M to $1.2M

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 9% from 2023 to 2024, while revenue rose 12%.

$1.1M in 2023 to $1.2M in 2024.
  • Vice President pay rose 8% 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

UNION ELECTRIC MEMBERSHIP CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$183.3M
$183.4M
2023
$204.9M
$203.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about UNION ELECTRIC MEMBERSHIP CORP

What does the Executive Vice President of UNION ELECTRIC MEMBERSHIP CORP earn?

In 2024, the Executive Vice President of UNION ELECTRIC MEMBERSHIP CORP received $1,168,963 in total compensation. This pay is in the top 10% for Executive Vice President roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Executive Vice President pay at UNION ELECTRIC MEMBERSHIP CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Executive Vice President at UNION ELECTRIC MEMBERSHIP CORP falls in the top 10%.

What are UNION ELECTRIC MEMBERSHIP CORP's revenue and expenses?

In 2024, UNION ELECTRIC MEMBERSHIP CORP reported $204.9M in total revenue and $203.6M in total expenses on its IRS Form 990.

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