WAKE ELECTRIC PROVIDES RELIABLE, SAFE, AND AFFORDABLE ENERGY AND RELATED SERVICES. WAKE ELECTRIC OPERATES AS A COOPERATIVE BUSINESS AND CONTINUALLY IMPROVES ITS SERVICES TO MEET THE NEEDS OF OUR MEMBERS AND ENHANCE THEIR QUALITY OF LIFE. WAKE ELECTRIC OPERATES A SUSTAINABLE ELECTRIC SYSTEM. SUSTAINABLE MEANS DELIVERING AFFORDABLE, INCREASINGLY CLEAN ELECTRICITY OVER A GRID THAT IS MORE EFFICIENT, RESILIENT AND CAPABLE OF SUPPORTING NEW ENERGY RESOURCES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $669k
- Bonus
- $130k
- Other
- $262k
- Benefits
- $26k
- Base
- $329k
- Bonus
- $83k
- Other
- $15k
- Benefits
- $34k
- Base
- $320k
- Bonus
- $57k
- Other
- $54k
- Benefits
- $7k
- Base
- $176k
- Bonus
- $32k
- Other
- $9k
- Benefits
- $31k
- Base
- $166k
- Bonus
- $37k
- Other
- $11k
- Benefits
- $31k
- Base
- $33k
- Bonus
- —
- Other
- $155k
- Benefits
- $6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO & Gen. M Above 90th percentile | $669k | $130k | $262k | $26k | $1.1M $1.2M |
Manager of O Highest Compensated Employee Above 90th percentile | $329k | $83k | $15k | $34k | $494k $524k |
General Coun Highest Compensated Employee Above 90th percentile | $320k | $57k | $54k | $7k | $469k $497k |
Mgr of Engin Highest Compensated Employee 75th to 90th percentile | $176k | $32k | $9k | $31k | $267k $283k |
VP of Market Board Vice President 75th to 90th percentile | $166k | $37k | $11k | $31k | $263k $279k |
Substation S Highest Compensated Employee Median to 75th percentile | $33k | — | $155k | $6k | $202k $214k |
President 10th to 25th percentile | — | — | — | — | $41k $43k |
Vice Preside Vice President 25th percentile to median | — | — | — | — | $35k $37k |
Director Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Secretary Officer (Unspecified) | — | — | — | — | $33k $35k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $33k |
Treasurer Officer (Unspecified) | — | — | — | — | $31k $33k |
Director Board Member Median to 75th percentile | — | — | — | — | $31k $32k |
Director Board Member Median to 75th percentile | — | — | — | — | $29k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $27k $29k |
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 13%
from 2023
From $1M in 2023 to $1.1M in 2024.
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.
Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 10%.
- Highest Compensated Employee pay rose 7% from 2023 to 2024.
- Board Vice President 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.
Revenue and expenses over time
WAKE ELECTRIC MEMBERSHIP CORPORATION reported revenue and expenses across 2 filing years.
Common questions about WAKE ELECTRIC MEMBERSHIP CORPORATION
What does the Chief Executive Officer of WAKE ELECTRIC MEMBERSHIP CORPORATION earn?
In 2024, the Chief Executive Officer of WAKE ELECTRIC MEMBERSHIP CORPORATION received $1,135,575 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at WAKE ELECTRIC MEMBERSHIP CORPORATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WAKE ELECTRIC MEMBERSHIP CORPORATION falls in the top 10%.
What are WAKE ELECTRIC MEMBERSHIP CORPORATION's revenue and expenses?
In 2024, WAKE ELECTRIC MEMBERSHIP CORPORATION reported $116.7M in total revenue and $116.7M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more