Skip to content
Nonprofiteer
← CARROLL ELECTRIC MEMBERSHIP CORP

Form 990 for tax year 2022

Filed by CARROLL ELECTRIC MEMBERSHIP CORP.

Totals

Total revenue
$135,228,596
Total expenses
$135,228,596
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$134,807,297
Investment income
$406,899
Other revenue
$14,400
Total assets, end of year
$296,778,132
Total liabilities, end of year
$167,327,422
Net assets or fund balances, end of year
$129,450,710
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • EDDIE GORE

    CHAIRMAN

    Total calculated
    $47,214
    From this org
    $47,214
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • MAX GOLDIN

    VICE CHAIRMA

    Total calculated
    $64,407
    From this org
    $64,407
    From related orgs
    $0
    Other
    $0
    Hours/week
    16

  • RONNIE JORDAN

    SECRETARY-TR

    Total calculated
    $50,757
    From this org
    $50,757
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • EMMETT HARROD

    DIRECTOR

    Total calculated
    $45,558
    From this org
    $45,558
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • NAN PHILPOT

    DIRECTOR

    Total calculated
    $38,614
    From this org
    $38,614
    From related orgs
    $0
    Other
    $0
    Hours/week
    12

  • DONNIE BRANNON

    DIRECTOR

    Total calculated
    $44,257
    From this org
    $44,257
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • DON DEFOOR

    DIRECTOR

    Total calculated
    $54,864
    From this org
    $54,864
    From related orgs
    $0
    Other
    $0
    Hours/week
    18

  • ALVIN GINN

    DIRECTOR

    Total calculated
    $45,814
    From this org
    $45,814
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • LYNN JOYNER

    DIRECTOR

    Total calculated
    $50,787
    From this org
    $50,787
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • TIMOTHY C MARTIN

    PRES & CEO

    Total calculated
    $535,154
    From this org
    $438,569
    From related orgs
    $0
    Other
    $96,585
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $381,706
    Bonus
    $35,578
    Other
    $21,285
    Deferred
    $85,866
    Nontaxable benefits
    $10,719
    Filer's total
    $535,154

  • KEVIN J JOHNSTON

    COO

    Total calculated
    $374,301
    From this org
    $294,393
    From related orgs
    $0
    Other
    $79,908
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $256,135
    Bonus
    $28,616
    Other
    $9,642
    Deferred
    $69,708
    Nontaxable benefits
    $10,200
    Filer's total
    $374,301

  • JENNIFER HARMON

    VP., FIN. &

    Total calculated
    $297,775
    From this org
    $233,848
    From related orgs
    $0
    Other
    $63,927
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $212,228
    Bonus
    $20,864
    Other
    $756
    Deferred
    $57,168
    Nontaxable benefits
    $6,759
    Filer's total
    $297,775

  • JAY GILL

    SVP MEMBER S

    Total calculated
    $291,275
    From this org
    $232,297
    From related orgs
    $0
    Other
    $58,978
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $194,568
    Bonus
    $23,147
    Other
    $14,582
    Deferred
    $51,989
    Nontaxable benefits
    $6,989
    Filer's total
    $291,275

  • KIM JENNINGS

    VP HUMAN RES

    Total calculated
    $266,731
    From this org
    $216,327
    From related orgs
    $0
    Other
    $50,404
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $187,752
    Bonus
    $17,237
    Other
    $11,338
    Deferred
    $47,426
    Nontaxable benefits
    $2,978
    Filer's total
    $266,731

  • JAMES LAYTON

    SYSTEM ENGIN

    Total calculated
    $257,317
    From this org
    $202,596
    From related orgs
    $0
    Other
    $54,721
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $182,617
    Bonus
    $16,095
    Other
    $3,884
    Deferred
    $43,962
    Nontaxable benefits
    $10,759
    Filer's total
    $257,317

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

SCHEDULE J, PART III
TOTAL DEFERRED COMPENSATION AMOUNTED TO 597,903 AND 671,886 PER AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, RESPECTIVELY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202341029349300814

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.