CSCharityScored
90

Albemarle Electric Membership Corp

Other · Hertford, North Carolina

Po Box 69, Hertford, NC 27944-0069

EIN: 560475840· Founded: Dec 1966· 60 years active· Filing Year: 2023

Annual Revenue

$32.1M

Total Expenses

$32.1M

Total Assets

$97.6M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$746K

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$746K

2% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 2%
Other overhead: 0%
Program Revenue$32.0M (100%)
Total Expenses$32.1M (100%)
Payroll$746K (2%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$32.1M annual revenue

15%

Executive Compensation

$746K total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$97.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.