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EIN 56-0478157

Central Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
71
City
Sanford
State
North Carolina
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Central Electric Membership Corporation is a non-profit organization that delivers electricity to its members in central North Carolina. The organization's three largest program services, as measured by expenses, are the cost of power, other salaries and wages, and depreciation and amortization.
Total revenues
$58,207,932
2023
Total expenses
$60,109,851
2023
Total assets
$133,265,783
2023
Num. employees
71
2023

Program areas at Central Electric Membership Corporation

Safe and effective delivery of electricity to the members of Central Electric Membership Corporation. The three largest program services, as measured by expenses were as follows: cost of power 34,897,229 depreciation and amortization 5,217,777 other salaries and wages 4,958,944

Personnel at Central Electric Membership Corporation

NameTitleCompensation
Eddie OldhamChief Executive Officer and General Manager
Tabitha L WhitlowVice President Finance and Actg$154,176
Jody B AlbrightVice President of Member Service$155,240
George D LangstonFormer Officer$132,197
Terry CollinsManager of O$128,368
...and 11 more key personnel

Financials for Central Electric Membership Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$58,111,890
Investment income and dividends$31,439
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$124,084
Net gain from sale of non-inventory assets$10,822
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-70,303
Total revenues$58,207,932

Form 990s for Central Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-11990View PDF
2022-122023-09-05990View PDF
2021-122022-08-11990View PDF
2020-122021-09-10990OView PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s

Organizations like Central Electric Membership Corporation

OrganizationLocationRevenue
Brunswick Electric Membership CorporationShallotte, NC$218,088,595
French Broad Electric Membership CorporationMarshall, NC$81,303,318
Pee Dee Electric Membership CorporationLilesville, NC$50,345,401
Southeastern Indiana Rural Electric Membership CorporationOsgood, IN$36,023,965
Edgecombe-Martin County EmcTarboro, NC$29,118,803
Lagrange County Rural Electric Membership CorporationLagrange, IN$16,020,061
Northern Lights IncorporatedSagle, ID$44,733,936
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
Data update history
November 6, 2024
Updated personnel
Identified 1 new personnel
November 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 30, 2023
Updated personnel
Identified 2 new personnel
October 24, 2023
Used new vendors
Identified 1 new vendor, including
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
Public policy
Characteristics
State / local levelManagement and technical assistance
General information
Address
PO Box 1107
Sanford, NC 27331
County
Lee County, NC
Website URL
cemcpower.com/ 
Phone
(919) 774-4900
IRS details
EIN
56-0478157
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
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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