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Albemarle Electric Membership Corp

501(c)
DBA: % ALBE
Other · HERTFORD, NC · EIN 56-0475840

About

Albemarle EMC strives to safely deliver reliable power and related energy solutions to our members and local communities by providing the highest value through service excellence.

In care of ALBE

Donations are NOT tax-deductible
Category
Other
Employees
45
Volunteers
—

Financial Snapshot

FY ending 2024-12-31
Revenue
$33.5M
Expenses
$33.5M
Assets
$100.4M
Liabilities
$53.8M

Financial history

$33.5M$16.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $33.5M · Avg: $31.5M
ALBEMARLE ELECTRIC MEMBERSHIP CORP
Your actions

Address

PO BOX 69
Hertford, NC, 27944-006

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.