EIN 56-0305124

Lumbee River Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
138
City
Pembroke
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Lumbee River Electric Membership Corporation delivers reliable, affordable electricity to over 58,000 members while fostering community engagement and supporting quality of life initiatives.
Total revenues
$158,192,273
2023
Total expenses
$161,652,260
2023
Total assets
$388,927,167
2023
Num. employees
138
2023

Program areas at Lumbee River Electric Membership Corporation

Safe and effective distribution of electricity to the members of lremc. The three largest program services, as measured by expenses, were as follows: cost of power: 105,910,915 depreciation: 12,906,216 salaries: 10,798,121

Who funds Lumbee River Electric Membership Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$12,082

Personnel at Lumbee River Electric Membership Corporation

NameTitleCompensation
Jon T. LocklearPresident and Chief Executive Officer$244,192
John DysonChief Operations Officer$179,258
Daniel LeonardChief Financial Officer$128,516
Matt EppsVice President of Engineering and Operations
Craig DavisVice President of Information Technology
...and 7 more key personnel

Financials for Lumbee River Electric Membership Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$157,635,501
Investment income and dividends$183,422
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$120,047
Net gain from sale of non-inventory assets$184,917
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-17,397
Miscellaneous revenues$85,783
Total revenues$158,192,273

Form 990s for Lumbee River Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-10-27990View PDF
2021-122022-11-15990View PDF
2020-122021-10-07990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Lumbee River Electric Membership Corporation

OrganizationLocationRevenue
Navasota Valley Electric CooperativeFranklin, TX$61,012,125
Adams Electric CooperativeGettysburg, PA$78,385,681
Central New Mexico Electric CooperativeMountainair, NM$40,050,611
White River Electric AssociationMeeker, CO$51,176,786
Cookson Hills Electric Cooperative (CHEC)Stigler, OK$41,827,049
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$98,162,277
East River Electric Power CooperativeMadison, SD$356,938,059
Central Valley Electric CooperativeArtesia, NM$72,029,196
Wells Rural Electric CompanyWells, NV$50,220,902
Magic Valley Electric CooperativeMercedes, TX$311,413,338
Data update history
January 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 1 new personnel
January 3, 2025
Used new vendors
Identified 1 new vendor, including
January 1, 2025
Updated personnel
Identified 1 new personnel
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $12,082 from North Carolina Electric Membership Corporation
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Community engagement / volunteering
General information
Address
6090 NC Hwy 711
Pembroke, NC 28372
County
Robeson County, NC
Website URL
lumbeeriver.com/ 
Phone
(910) 843-4131
IRS details
EIN
56-0305124
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
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
Independent
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