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SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION

EIN 56-0421795 DOBSON, NC

Largest nonprofits in North Carolina

Revenue 2025
$69,155,272
Expenses 2025
$69,392,868

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

As filed

Subsection
12
Classification
4000
Street
PO BOX 305

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Activities or mission (Part I)

PROVIDE OUTSTANDING SERVICE THAT POWERS OUR RURAL COMMUNITIES

  • TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • William Gregory Puckett

    EXECUTIVE VP

    Total calculated
    $493,277
    From this org
    $356,635
    From related orgs
    $0
    Other
    $136,642
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $327,427
    Bonus
    $13,270
    Other
    $15,938
    Deferred
    $104,531
    Nontaxable benefits
    $32,111
    Filer's total
    $493,277
  • Richard Bryon Kennedy

    ASSISTANT MA

    Total calculated
    $284,964
    From this org
    $216,691
    From related orgs
    $0
    Other
    $68,273
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $188,487
    Bonus
    $8,400
    Other
    $19,804
    Deferred
    $53,177
    Nontaxable benefits
    $15,096
    Filer's total
    $284,964
  • Misty Utt

    VP OF FINANC

    Total calculated
    $277,025
    From this org
    $191,799
    From related orgs
    $0
    Other
    $85,226
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $176,120
    Bonus
    $7,480
    Other
    $8,199
    Deferred
    $57,609
    Nontaxable benefits
    $27,617
    Filer's total
    $277,025
  • Micah Mills

    VP OF OPERAT

    Total calculated
    $240,745
    From this org
    $168,312
    From related orgs
    $0
    Other
    $72,433
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $152,352
    Bonus
    $6,964
    Other
    $8,996
    Deferred
    $45,671
    Nontaxable benefits
    $26,762
    Filer's total
    $240,745
  • Matthew Burke

    JOURNEY LINE

    Total calculated
    $197,342
    From this org
    $147,862
    From related orgs
    $0
    Other
    $49,480
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $145,011
    Bonus
    $2,516
    Other
    $335
    Deferred
    $23,619
    Nontaxable benefits
    $25,861
    Filer's total
    $197,342
  • Jody Norman

    APPARATUS TE

    Total calculated
    $187,771
    From this org
    $137,117
    From related orgs
    $0
    Other
    $50,654
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $133,144
    Bonus
    $3,622
    Other
    $351
    Deferred
    $24,751
    Nontaxable benefits
    $25,903
    Filer's total
    $187,771
  • Karoline Overby

    PRESIDENT

    Total calculated
    $23,550
    From this org
    $23,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    6
  • Sandy Welborn

    DIRECTOR

    Total calculated
    $23,550
    From this org
    $23,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    6
  • Stephen Hutson

    DIRECTOR

    Total calculated
    $19,920
    From this org
    $19,920
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Stephen Joyce

    DIRECTOR

    Total calculated
    $19,920
    From this org
    $19,920
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • David Pendry

    DIRECTOR

    Total calculated
    $19,920
    From this org
    $19,920
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Eddie Campbell

    VICE PRESIDE

    Total calculated
    $19,590
    From this org
    $19,590
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Brenda Hardy

    SECRETARY

    Total calculated
    $18,270
    From this org
    $18,270
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Alvin Reid Jr

    DIRECTOR

    Total calculated
    $17,280
    From this org
    $17,280
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • David Miller

    TREASURER

    Total calculated
    $16,620
    From this org
    $16,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Willard Swift

    DIRECTOR

    Total calculated
    $3,990
    From this org
    $3,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $69,155,272
    Expenses
    $69,392,868
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $63,204,681
    Expenses
    $62,845,446
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $58,434,052
    Expenses
    $58,434,052
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $60,388,840
    Expenses
    $60,388,840
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $54,865,106
    Expenses
    $54,865,106
    Assets (EOY)
    $160,081,171
  • 2019 · 990

    Revenue
    $61,048,986
    Expenses
    $61,048,986
    Assets (EOY)
    $141,913,227
  • 2018 · 990

    Revenue
    $61,046,107
    Expenses
    $61,046,107
    Assets (EOY)
    $134,790,890
  • 2017 · 990

    Revenue
    $50,426,696
    Expenses
    $50,426,696
    Assets (EOY)
    $129,318,550
  • 2016 · 990

    Revenue
    $50,975,212
    Expenses
    $50,975,212
    Assets (EOY)
    $119,556,875
  • 2015 · 990

    Revenue
    $51,742,540
    Expenses
    $51,742,540
    Assets (EOY)
    $113,667,497
  • 2014 · 990

    Revenue
    $51,304,619
    Expenses
    $51,304,618
    Assets (EOY)
    $108,027,803
  • 2013 · 990

    Revenue
    $48,892,423
    Expenses
    $48,892,423
    Assets (EOY)
    $99,380,367
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $44,868,003
    Assets (EOY)
    $95,199,543
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $44,638,145
    Assets (EOY)
    $88,541,838

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.