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ALBEMARLE ELECTRIC MEMBERSHIP CORP

EIN 56-0475840 HERTFORD, NC

Revenue 2025
$37,006,663
Expenses 2025
$37,006,663

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 69

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

ALBEMARLE EMC STRIVES TO SAFELY DELIVER RELIABLE POWER AND RELATED ENERGY SOLUTIONS TO OUR MEMBERS AND LOCAL COMMUNITIES BY PROVIDING THE HIGHEST VALUE THROUGH SERVICE EXCELLENCE.

  • TO PROVIDE SAFE AND RELIABLE ELECTRICITY TO ALL WHO DESIRE IT WITHIN THE COUNTIES WE SERVE.

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.

  • John W Spence

    PRESIDENT

    Total calculated
    $15,150
    From this org
    $15,150
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.78

  • Robert Whitehead

    VICE PRESIDE

    Total calculated
    $13,200
    From this org
    $13,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.38

  • T Chad Mathews

    TREASURER

    Total calculated
    $11,800
    From this org
    $11,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.99

  • Thelma Finch-Copeland

    SECRETARY

    Total calculated
    $15,600
    From this org
    $15,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.83

  • Melvin Ray Albertson

    DIRECTOR

    Total calculated
    $12,800
    From this org
    $12,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.1

  • Linda Felton Burrus

    DIRECTOR

    Total calculated
    $14,000
    From this org
    $14,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.85

  • Allen Layton

    DIRECTOR

    Total calculated
    $13,800
    From this org
    $13,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.89

  • Josiah A Webb III

    DIRECTOR

    Total calculated
    $11,000
    From this org
    $11,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.83

  • Micahel J Whitehurst

    DIRECTOR

    Total calculated
    $12,800
    From this org
    $12,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.15

  • Kevin Heath

    EXEC VP/GM

    Total calculated
    $340,494
    From this org
    $249,989
    From related orgs
    $0
    Other
    $90,505
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $232,573
    Bonus
    $500
    Other
    $16,916
    Deferred
    $78,303
    Nontaxable benefits
    $12,202
    Filer's total
    $340,494

  • Michael T Riddick

    MGR OF TECH.

    Total calculated
    $188,791
    From this org
    $122,157
    From related orgs
    $0
    Other
    $66,634
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $120,645
    Bonus
    $500
    Other
    $1,012
    Deferred
    $39,740
    Nontaxable benefits
    $26,894
    Filer's total
    $188,791

  • Bobby Upton

    MGR OF OPERA

    Total calculated
    $201,197
    From this org
    $146,594
    From related orgs
    $0
    Other
    $54,603
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,009
    Bonus
    $500
    Other
    $12,085
    Deferred
    $39,829
    Nontaxable benefits
    $14,774
    Filer's total
    $201,197

  • Paul Byrum

    CREW LEADER

    Total calculated
    $183,864
    From this org
    $133,710
    From related orgs
    $0
    Other
    $50,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,486
    Bonus
    $500
    Other
    $5,724
    Deferred
    $37,952
    Nontaxable benefits
    $12,202
    Filer's total
    $183,864

  • Roy O'Neal

    MGR OF OPERA

    Total calculated
    $195,198
    From this org
    $137,881
    From related orgs
    $0
    Other
    $57,317
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,962
    Bonus
    $500
    Other
    $2,419
    Deferred
    $43,929
    Nontaxable benefits
    $13,388
    Filer's total
    $195,198

  • Christopher White

    LINEMAN 1ST

    Total calculated
    $183,131
    From this org
    $135,904
    From related orgs
    $0
    Other
    $47,227
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,500
    Bonus
    $500
    Other
    $8,904
    Deferred
    $33,774
    Nontaxable benefits
    $13,453
    Filer's total
    $183,131

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
    $37,006,663
    Expenses
    $37,006,663
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $33,501,895
    Expenses
    $33,501,895
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $32,082,307
    Expenses
    $32,082,307
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $32,358,063
    Expenses
    $32,358,063
    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
    $31,566,599
    Expenses
    $30,834,562
    Assets (EOY)
    $90,333,147

  • 2020 · 990

    Revenue
    $29,831,303
    Expenses
    $29,831,303
    Assets (EOY)
    $87,574,134

  • 2019 · 990

    Revenue
    $31,182,060
    Expenses
    $31,182,060
    Assets (EOY)
    $84,074,392

  • 2018 · 990

    Revenue
    $31,748,607
    Expenses
    $31,748,607
    Assets (EOY)
    $80,379,933

  • 2017 · 990

    Revenue
    $27,894,645
    Expenses
    $27,894,645
    Assets (EOY)
    $80,755,987

  • 2016 · 990

    Revenue
    $27,834,533
    Expenses
    $27,834,533
    Assets (EOY)
    $80,428,763

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

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

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

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 29 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.