CSCharityScored
90

Blue Ridge Electric Membership Corporation

Other · Lenoir, North Carolina

Po Box 112, Lenoir, NC 28645-0112

EIN: 560160075· Founded: Mar 1961· 65 years active· Filing Year: 2023

Annual Revenue

$162.0M

Total Expenses

$155.7M

Total Assets

$493.9M

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$3.6M

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$18.9M

Total Payroll

$22.5M

14% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 14%
Other overhead: 6%
Program Revenue$146.3M (90%)
Total Expenses$155.7M (96%)
Payroll$22.5M (14%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$162.0M annual revenue

15%

Executive Compensation

$3.6M total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$493.9M 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.