CSCharityScored
90

Randolph Electric Membership Corp

Other · Asheboro, North Carolina

Po Box 40, Asheboro, NC 27204-0040

EIN: 560371555· Founded: Dec 1966· 60 years active· Filing Year: 2023

Annual Revenue

$72.3M

Total Expenses

$72.3M

Total Assets

$200.9M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$546K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$546K

1% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 1%
Other overhead: 1%
Program Revenue$71.9M (99%)
Total Expenses$72.3M (100%)
Payroll$546K (1%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$72.3M annual revenue

15%

Executive Compensation

$546K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$200.9M 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.