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WAKE ELECTRIC MEMBERSHIP CORP

EIN 56-0440935 WAKE FOREST, NC

Browse the largest nonprofits in North Carolina

Revenue 2025
$129,361,410
Expenses 2025
$129,361,410

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
4000
Street
100 S FRANKLIN ST

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).

Mission and programs · 2025

Mission

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.

  • N/A

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

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.

  • H Michael Dickerson

    PRESIDENT

    Total calculated
    $44,680
    From this org
    $44,680
    From related orgs
    $0
    Other
    $0
    Hours/week
    13.52

  • Allen Nelson

    VICE PRESIDE

    Total calculated
    $41,681
    From this org
    $41,681
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.6

  • Greg Fuller

    SECRETARY

    Total calculated
    $34,972
    From this org
    $34,972
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.13

  • Robert Hill

    TREASURER

    Total calculated
    $30,172
    From this org
    $30,172
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.62

  • Suzy Morgan

    DIRECTOR

    Total calculated
    $35,281
    From this org
    $35,281
    From related orgs
    $0
    Other
    $0
    Hours/week
    13.27

  • Robert Joe Eddins

    DIRECTOR

    Total calculated
    $28,972
    From this org
    $28,972
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Jackie Thompson

    DIRECTOR

    Total calculated
    $32,002
    From this org
    $32,002
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.94

  • W Joseph Hilburn Jr

    DIRECTOR

    Total calculated
    $29,421
    From this org
    $29,421
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.08

  • William Daniel Keel

    DIRECTOR

    Total calculated
    $29,202
    From this org
    $29,202
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.58

  • James E Mangum Jr

    CEO & GEN. M

    Total calculated
    $1,118,961
    From this org
    $1,038,667
    From related orgs
    $0
    Other
    $80,294
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $737,167
    Bonus
    $141,617
    Other
    $159,883
    Deferred
    $52,642
    Nontaxable benefits
    $27,652
    Filer's total
    $1,118,961

  • Don Bowman

    MANAGER OF O

    Total calculated
    $529,903
    From this org
    $457,124
    From related orgs
    $0
    Other
    $72,779
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $378,949
    Bonus
    $73,571
    Other
    $4,604
    Deferred
    $35,439
    Nontaxable benefits
    $37,340
    Filer's total
    $529,903

  • Cynthia M Currin

    GENERAL COUN

    Total calculated
    $283,279
    From this org
    $270,966
    From related orgs
    $0
    Other
    $12,313
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $94,058
    Bonus
    $22,114
    Other
    $154,794
    Deferred
    $10,289
    Nontaxable benefits
    $2,024
    Filer's total
    $283,279

  • Christopher D Wright

    MGR OF ENGIN

    Total calculated
    $319,722
    From this org
    $264,310
    From related orgs
    $0
    Other
    $55,412
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $225,917
    Bonus
    $37,730
    Other
    $663
    Deferred
    $21,311
    Nontaxable benefits
    $34,101
    Filer's total
    $319,722

  • Kirk Metcalf

    VP OF MARKET

    Total calculated
    $304,097
    From this org
    $249,826
    From related orgs
    $0
    Other
    $54,271
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $195,790
    Bonus
    $40,635
    Other
    $13,401
    Deferred
    $19,598
    Nontaxable benefits
    $34,673
    Filer's total
    $304,097

  • Steven Ballard

    MGR-CYBER SE

    Total calculated
    $232,958
    From this org
    $200,078
    From related orgs
    $0
    Other
    $32,880
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $169,103
    Bonus
    $29,478
    Other
    $1,497
    Deferred
    $16,683
    Nontaxable benefits
    $16,197
    Filer's total
    $232,958

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
    $129,361,410
    Expenses
    $129,361,410
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $116,700,642
    Expenses
    $116,700,642
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $105,727,856
    Expenses
    $105,727,856
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $104,928,493
    Expenses
    $104,928,493
    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
    $101,861,632
    Expenses
    $101,861,632
    Assets (EOY)
    $280,486,920

  • 2020 · 990

    Revenue
    $97,434,140
    Expenses
    $97,434,140
    Assets (EOY)
    $260,399,357

  • 2019 · 990

    Revenue
    $100,355,216
    Expenses
    $100,355,216
    Assets (EOY)
    $246,078,938

  • 2018 · 990

    Revenue
    $100,876,481
    Expenses
    $100,876,481
    Assets (EOY)
    $236,429,522

  • 2017 · 990

    Revenue
    $90,838,721
    Expenses
    $90,838,721
    Assets (EOY)
    $227,672,889

  • 2016 · 990

    Revenue
    $88,836,136
    Expenses
    $88,836,136
    Assets (EOY)
    $218,732,777

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.

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 on its 2025 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2025 return

  • TRIANGLE SERVICES GROUP INC

    ENERGY SRV · NC · controlled entity

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 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.