EIN 56-0154512

Brunswick Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
231
Year formed
1939
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Brunswick Electric Membership Corporation delivers superior electric and consumer services to its cooperative membership through open communication, utilizing a highly-trained, efficient workforce in conjunction with a knowledgeable team. The company distributes electricity to members by purchasing electric power from suppliers, operating and maintaining transmission, distribution operations and maintenance, customer accounting, customer service, marketing, and general administration.
Total revenues
$218,088,595
2023
Total expenses
$213,390,688
2023
Total assets
$510,296,750
2023
Num. employees
231
2023

Program areas at Brunswick Electric Membership Corporation

Distribution of electricity to members, which includes the purchase of Electric power from suppliers, transmission operations and maintenance, distribution operations and maintenance, customer accounting, customer service, marketing, general administration, and minor non-operating activities.
Operation, maintenance, and construction of Electric distribution lines for (1) the military ocean terminal sunny point, under the terms of a long-term contract with the united states government, and (2) the city of southport, nc.
Patronage dividends paid to members' accounts. See part ix, line 4, "benefits paid to or for members", per irs instructions.

Grants made by Brunswick Electric Membership Corporation

GranteeGrant descriptionAmount
Brunswick Family Assistance AgencyElectric Bills$20,000

Who funds Brunswick Electric Membership Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$16,566

Personnel at Brunswick Electric Membership Corporation

NameTitleCompensation
Joshua L. WinslowChief Executive Officer and General Manager$454,243
Corey ThurlowChief Operating Officer$333,596
Lewis ShawVice President Operations and Eng. / Vice President , Operations and Engineering / Manager Engineering$270,313
Robert MaxwellVice President , Engineering and Operations
Lisa FitzgeraldVice President , Financial Services$271,604
...and 18 more key personnel

Financials for Brunswick Electric Membership Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$324,773
Program services$215,938,734
Investment income and dividends$1,374,680
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$82,219
Net gain from sale of non-inventory assets$288,651
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$79,538
Total revenues$218,088,595

Form 990s for Brunswick Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-30990View PDF
2022-122023-09-21990View PDF
2021-122022-10-24990View PDF
2020-122021-11-12990View PDF
2018-122020-02-19990View PDF
...and 9 more Form 990s

Organizations like Brunswick Electric Membership Corporation

OrganizationLocationRevenue
French Broad Electric Membership CorporationMarshall, NC$85,151,420
Central Electric Membership CorporationSanford, NC$58,207,932
Corn Belt Power CooperativeHumboldt, IA$172,579,186
Pearl River Valley Electric Power AssociationColumbia, MS$139,698,915
Lumbee River Electric Membership CorporationPembroke, NC$152,496,016
Southwest Arkansas Electric Cooperative CorporationTexarkana, TX$67,125,073
South Central Power CompanyLancaster, OH$369,451,843
Gibson Electric MembershipTrenton, TN$119,497,988
Rappahannock Electric CooperativeFredericksburg, VA$535,480,140
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Data update history
November 28, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 28, 2023
Updated personnel
Identified 1 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
HealthDiseases and disordersPublic policy
Characteristics
Receives government fundingManagement and technical assistance
General information
Address
PO Box 826
Shallotte, NC 28459
Metro area
Myrtle Beach-Conway-North Myrtle Beach, SC-NC
County
Brunswick County, NC
Website URL
bemc.org/ 
Phone
(910) 754-4391
IRS details
EIN
56-0154512
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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