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WAKE Electric Membership Corp

501(c)
DBA: % ANGELA CHEEK
Other · WAKE FOREST, NC · EIN 56-0440935

About

WAKE electric provides reliable, safe, and affordable energy and related services. WAKE electric operates as a cooperative business and continually improves its services to meet the needs of our members and enhance their quality of life. WAKE electric operates a sustainable electric system. Sustainable means delivering affordable, increasingly clean electricity over a GRID that is more efficient, resilient and capable of supporting new energy resources.

In care of Angela Cheek

Donations are NOT tax-deductible
Category
Other
Employees
61
Volunteers

Financial Snapshot

FY ending 2024-12-31
Revenue
$116.7M
Expenses
$116.7M
Assets
$335.4M
Liabilities
$215.6M

Financial history

$116.7M$58.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $116.7M · Avg: $101.2M
WAKE ELECTRIC MEMBERSHIP CORP
Your actions

Address

100 S Franklin ST
WAKE Forest, NC, 27587-274

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 planYes
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
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