90
North Carolina Electric Membership Corporation
Mutual Benefit · Raleigh, North Carolina
3400 Sumner Blvd, Raleigh, NC 27616-2950
EIN: 560995910· Founded: Aug 2000· 26 years active· Filing Year: 2023
Annual Revenue
$1.2B
Total Expenses
$1.1B
Total Assets
$2.2B
Program Spending
100%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$7.1M
0.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$38.2M
Total Payroll
$45.3M
4% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 4%
Other overhead: 0%
Program Revenue$1.1B (98%)
Total Expenses$1.1B (97%)
Payroll$45.3M (4%)
Overhead (non-program)0%
Trust Score Breakdown
Program Spending Ratio
100% of expenses go to programs
Revenue & Stability
$1.2B annual revenue
Executive Compensation
$7.1M total officer comp (0.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.2B in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.