CSCharityScored
90

Central Electric Membership Corp

Other · Sanford, North Carolina

128 Wilson Rd, Sanford, NC 27332-9613

EIN: 560478157· Founded: Dec 1966· 60 years active· Filing Year: 2023

Annual Revenue

$58.2M

Total Expenses

$60.1M

Total Assets

$133.3M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.2M

2.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.0M

Total Payroll

$6.1M

10% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 10%
Other overhead: 3%
Program Revenue$58.1M (100%)
Total Expenses$60.1M (100%)
Payroll$6.1M (10%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$58.2M annual revenue

15%

Executive Compensation

$1.2M total officer comp (2.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$133.3M 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.