Union Electric Membership Corp

Unknown organization based in Monroe, NC. 150 employees. Exempt under §501(c)(12).

MissionTO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY DELIVERING ON OUR PROMISE TO PROVIDE SAFE, RELIABLE ELECTRIC POWER AND ENERGY SERVICES WITH EXCEPTIONAL VALUE.

EIN
56-0435549
State
NC
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2023
Records
8 officers · 5 years

Financial snapshot · TY 2023

$183.3M
Total revenue
$183.4M
Total expenses
$493.2M
Net assets

Financial health · TY 2023

33
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
79
14.2 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
7
Mix of program fees, grants & contributions

Leadership compensation

Gregory S Andress
EVP VP & GEN
$1,076,850
Theresa Blackwell
VP FIN & ACC
$488,650
David Gross
VP ENG & OPE
$485,331
Carrie Stroud
VP COMMS & M
$324,071
Jeremy Black
VP INFO SERV
$315,287

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Union Electric Membership Corp Executive Compensation | 990 Data | DoubleNine