Piedmont Electric Membership

Unknown organization based in Hillsborough, NC. 102 employees. Exempt under §501(c)(12).

MissionTO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITIES BY EMPOWERING AND PARTNERING WITH OUR MEMBERS. WE STRIVE TO CREATE SUPERIOR VALUE FOR OUR MEMBERS IN AN EVER CHANGING ENERGY ENVIRONMENT.

EIN
56-0358446
State
NC
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2024
Records
5 officers · 6 years

Financial snapshot · TY 2024

$79.6M
Total revenue
$79.6M
Total expenses
$248.0M
Net assets

Financial health · TY 2024

67
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
65
11.7 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
4
Mix of program fees, grants & contributions

Leadership compensation

Lawrence Hopkins
VP - ENGINEE
$347,810
Lisa Kennedy
VP FINANCIAL
$318,257
Robert Riley
VP OF OPERAT
$278,042
Susan Cashion
VP COMPL. &
$247,136
Brandon Reed
MGR OF MBR S
$233,067

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