Why North Carolina Electric Membership
FY2025 · Form 990Its mission and biggest programs, as filedGenerates and transmits wholesale electric power to 25 member cooperatives serving over one million homes, farms, and businesses across North Carolina.
- North Carolina Electric Membership corporation provides wholesale Electric generation and transmission services to 25 member Electric distribution cooperatives that provide Electric service to over one million homes, farms, and businesses in North Carolina.
Before you apply
FY2024 · Form 990Independent: from IRS data, not the orgPays its leaders
$212K–$3.4M
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$1.22B
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
200
employees
Fine: from the org's Form 990.
Pt I · Ln 5–6
Surplus or deficit
+2%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
4 mo
of spending, in cash and securities
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(12)
tax-exempt since 2000
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.
About the role
The org's own posting, as writtenTo provide support services to the purchasing function and the continued development, revision, and implementation of the ongoing program of procurement of approved and/or specified materials and services.
About North Carolina Electric Membership
From its Form 990- Budget $1.40B · Mutual & Membership Benefit
- Staff 200 · founded 1949
- Pays its leaders $212K–$3.4M (12 reported)
- Open jobs 5 · Jobs at North Carolina Electric Membership · Full 990 report