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Piedmont Electric Membership Corp

501(c)
DBA: CORPORATION
Other · HILLSBOROUGH, NC · EIN 56-0358446

About

To 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.

DBA Corporation

Donations are NOT tax-deductible
Category
Other
Employees
102
Volunteers
—

Financial Snapshot

FY ending 2024-12-31
Revenue
$79.6M
Expenses
$79.6M
Assets
$248.0M
Liabilities
$170.5M

Financial history

$79.6M$39.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $79.6M · Avg: $68.9M
PIEDMONT ELECTRIC MEMBERSHIP CORP
Your actions

Address

PO BOX 1179
Hillsborough, NC, 27278-117

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.