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EIN 56-0993598

Tideland Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
69
City
Pantego
State
North Carolina
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Tideland Electric Membership Corporation is a non-profit organization that provides safe and effective distribution of electricity to its members. It offers the sale and distribution of electricity, with the three largest program services being cost of power, other salaries and wages, and depreciation. Tideland Electric Membership Corporation is located in Pantego, NC.
Total revenues
$52,378,506
2023
20192020202120222023$49m$51m$53m
Total expenses
$51,949,525
2023
20192020202120222023$49m$51m$53m
Total assets
$158,206,802
2023
20192020202120222023$0.1b$0.1b$0.2b
Num. employees
69
2023
2019202020212022202304080

Program areas at Tideland Electric Membership Corporation

Sale and distribution of electricity to members of temc. The three largest program services as measured by expenses are as follows: cost of power 28,432,588 depreciation 5,176,206 other salaries and wages 4,947,644

Grants made by Tideland Electric Membership Corporation

GranteeGrant descriptionAmount
Tideland Electric Care TrustCharitable and Educa$6,949

Who funds Tideland Electric Membership Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$6,086

Personnel at Tideland Electric Membership Corporation

NameTitleCompensation
Paul G SpruillChief Executive Officer$225,274
Jim ChrismanChief Financial Officer$160,504
Wayne BrackinDirector of JT and S$101,863
Benjamin BeagleiiiManager of Operations$164,627
Myra BeasleyManager Human Resources$118,200
...and 6 more key personnel

Financials for Tideland Electric Membership Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$52,056,531
Investment income and dividends$162,426
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$159,549
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$52,378,506

Form 990s for Tideland Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-01990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-10-07990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Tideland Electric Membership Corporation

OrganizationLocationRevenue
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
Alaska Village Electric CooperativeAnchorage, AK$69,708,185
West River Electric AssociationWall, SD$44,777,288
Inland Power and LightSpokane, WA$94,666,539
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Kit Carson Electric CooperativeTaos, NM$57,387,729
Nishnabotna Valley Rural Electric CooperativeHarlan, IA$18,916,306
Powder River Energy CorporationSundance, WY$176,963,725
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 1 new personnel
December 27, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 159
Pantego, NC 27860
County
Beaufort County, NC
Website URL
tidelandemc.com/ 
Phone
(252) 943-3046
IRS details
EIN
56-0993598
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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