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Tri County Electric Membership Corporation

  • Dudley, NC
  • Tax-exempt since March 1961
  • EIN: 56-0432086

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$61.5M (2023)

Expenses
$62.3M (2023)

Total Assets
$105M (2023)

Total Liabilities
$67.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,498,465
Expenses
$62,307,096
Net Income
-$808,631
Net Assets
$37,034,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $61,097,415
99.3%
Investment Income $92,373
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $29,455
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $279,222
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $104,504,855
Total Liabilities $67,470,196
Net Assets $37,034,659
Club or Co-Op Income
Income From Members $61,097,415
Income From Other Sources $401,050
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $300,259 $0 $0
Tony Grantham (Manager Of Engineering) $196,869 $0 $0
Kenneth E Davis Jr (Manager Of Finance And Administration) $193,961 $0 $0
Roy A Beavers (Lineman Foreman) $147,116 $0 $0
Robert Kornegay (Manager Of Member Service) $143,831 $0 $0
Stephanie B Brown (Staff Accountant) $142,880 $0 $0
Jeffrey W Kennedy (Working Foreman) $142,505 $0 $0
David D Thornton (System Engineer) $137,356 $0 $0
Carl W Kornegay Jr (President) $27,962 $0 $0
Keith Beavers (Director) $24,168 $0 $0
Randy Mccullen (Director) $24,013 $0 $0
William Farmer Jr (Secretary) $23,521 $0 $0
Worth Overman Jr (Director) $23,180 $0 $0
David Ray Vinson (Vice President) $17,059 $0 $0
Brandy S Rouse (Treasurer) $11,999 $0 $0
Amanda A Murphy (Director) $11,848 $0 $0
Jeff Henderson (Director) $11,714 $0 $0
Scott G Ballard (Director) $11,518 $0 $0
Patrick Lynch (Director) $9,974 $0 $0
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990
Filed on May 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,563,062
Expenses
$58,703,229
Net Income
$1,859,833
Net Assets
$37,337,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,195,613
99.4%
Investment Income $40,140
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,596
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $298,713
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $97,581,997
Total Liabilities $60,244,266
Net Assets $37,337,731
Club or Co-Op Income
Income From Members $60,195,613
Income From Other Sources $367,449
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $286,424 $0 $0
Kenneth E Davis Jr (Manager Of Finance And Administration) $190,738 $0 $0
Tony Grantham (Manager Of Engineering) $187,850 $0 $0
Jeff W Kennedy (Forman) $133,988 $0 $0
Stephanie Brown (Staff Accountant) $133,953 $0 $0
Ricky L Richardson (Forman) $132,875 $0 $0
Jerry Mozingo (Lineman 1 St Class) $130,887 $0 $0
Daniel C Hood (Lineman First Class) $130,770 $0 $0
Robert Kornegay (Manager Of Member Service) $130,518 $0 $0
Roy A Beavers (Lineman 1 St Class) $127,475 $0 $0
James Cozine (Lineman 1 St Class) $127,137 $0 $0
David D Thornton (System Engineer) $126,687 $0 $0
Ronnie Miller (Staking Engineer) $121,041 $0 $0
Tamah Hughes (It Manager) $120,899 $0 $0
Claude Jones (Forman) $119,770 $0 $0
Ralph Kelly (Lineman 1 St Class) $119,072 $0 $0
Deidra L Grantham (Mgr Marketing/Communicatons) $115,323 $0 $0
Leonard E Person (Working Foreman) $113,413 $0 $0
Todd Harrell (Lineman First Class) $112,943 $0 $0
Anthony Denning (Working Foreman) $112,264 $0 $0
James A Barwick (Lineman First Class) $106,265 $0 $0
Timothy L Wolfe (Lineman First Class) $102,021 $0 $0
Carl W Kornegay Jr (President) $26,162 $0 $0
William Farmer Jr (Secretary) $25,021 $0 $0
Keith Beavers (Director) $23,468 $0 $0
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990
Filed on April 28, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,542,754
Expenses
$56,659,778
Net Income
$2,882,976
Net Assets
$33,335,379
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $59,060,247
99.2%
Investment Income $67,170
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,246
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $387,091
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $94,565,079
Total Liabilities $61,229,700
Net Assets $33,335,379
Club or Co-Op Income
Income From Members $590,602,417
Income From Other Sources $482,507
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $281,648 $0 $0
Kenneth E Davis Jr (Manager Of Finance And Administration) $178,505 $0 $0
Tony Grantham (Manager Of Engineering) $170,074 $0 $0
Michael Wood (Manager Of Operations) $158,988 $0 $0
Ricky L Richardson (Forman) $130,668 $0 $0
Jeff W Kennedy (Forman) $128,870 $0 $0
Stephanie Brown (Staff Accountant) $126,113 $0 $0
Roy A Beavers (Lineman 1 St Class) $124,549 $0 $0
Robert Kornegay (Manager Of Member Service) $124,184 $0 $0
Daniel C Hood (Lineman First Class) $120,041 $0 $0
Jerry Mozingo (Lineman 1 St Class) $118,514 $0 $0
Claude Jones (Forman) $116,967 $0 $0
Tamah Hughes (It Manager) $114,946 $0 $0
David D Thornton (System Engineer) $114,423 $0 $0
James Cozine (Lineman 1 St Class) $113,219 $0 $0
Leonard E Person (Working Foreman) $109,754 $0 $0
Ralph Kelly (Lineman 1 St Class) $109,201 $0 $0
Anthony Denning (Working Foreman) $107,641 $0 $0
Ronnie Miller (Staking Engineer) $106,757 $0 $0
Deidra L Grantham (Mgr Marketing/Communicatons) $106,702 $0 $0
Todd Harrell (Lineman First Class) $106,293 $0 $0
William E Fischer (Working Foreman) $104,441 $0 $0
William Farmer Jr (Secretary) $23,221 $0 $0
Carl W Kornegay Jr (President) $22,862 $0 $0
Keith Beavers (Director) $19,568 $0 $0
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990
Filed on April 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$58,288,958
Expenses
$56,558,128
Net Income
$1,730,830
Net Assets
$31,864,754
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $57,748,659
99.1%
Investment Income $127,750
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $26,942
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2
Other Revenue $385,609
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $93,729,368
Total Liabilities $61,864,614
Net Assets $31,864,754
Club or Co-Op Income
Income From Members $57,775,601
Income From Other Sources $513,358
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $258,069 $0 $0
Kenneth E Davis Jr (Manager Of Finance And Administration) $169,516 $0 $0
Tony Grantham (Manager Of Engineering) $164,430 $0 $0
Michael Wood (Manager Of Operations) $158,252 $0 $0
Jeff W Kennedy (Forman) $119,809 $0 $0
David D Thornton (System Engineer) $119,691 $0 $0
Robert Kornegay (Manager Of Member Service) $118,576 $0 $0
Stephanie Brown (Staff Accountant) $118,120 $0 $0
Jerry Mozingo (Lineman 1 St Class) $116,924 $0 $0
Ricky L Richardson (Forman) $115,230 $0 $0
Ralph Kelly (Lineman 1 St Class) $112,269 $0 $0
Ronnie Miller (Staking Engineer) $111,032 $0 $0
Tamah Hughes (It Manager) $110,094 $0 $0
Roy A Beavers (Lineman 1 St Class) $109,799 $0 $0
James Cozine (Lineman 1 St Class) $107,248 $0 $0
Todd Harrell (Lineman First Class) $105,203 $0 $0
Anthony Denning (Working Foreman) $102,271 $0 $0
Leonard E Person (Working Foreman) $102,087 $0 $0
Claude Jones (Forman) $101,941 $0 $0
Deidra L Grantham (Mgr Marketing/Communicatons) $101,417 $0 $0
William E Fischer (Working Foreman) $100,394 $0 $0
Daniel C Hood (Lineman First Class) $100,231 $0 $0
William Farmer Jr (Secretary) $20,021 $0 $0
Keith Beavers (Director) $17,268 $0 $0
Carl Kornegay (President) $16,262 $0 $0
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990
Filed on May 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,962,647
Expenses
$60,528,824
Net Income
-$2,566,177
Net Assets
$29,015,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $57,303,975
98.9%
Investment Income $245,441
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,719
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $385,512
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $92,094,221
Total Liabilities $63,079,051
Net Assets $29,015,170
Club or Co-Op Income
Income From Members $57,303,975
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $270,474 $0 $0
Kenneth E Davis Jr (Manager Finance Admin.) $160,809 $0 $0
Tony A Grantham (Manager Of Engineering) $154,852 $0 $0
Michael A Wood (Manager Of Operations) $152,667 $0 $0
Glenda S Barwick (Accountant) $127,310 $0 $0
Ricky L Richardson (Foreman) $121,255 $0 $0
Robert B Kornegay (Manager Customer Service) $120,113 $0 $0
Jeff W Kennedy (Foreman) $119,239 $0 $0
Stephanie J Brown (Staff Accountant) $115,359 $0 $0
Jerry Mozingo (Lineman 1st Class) $112,038 $0 $0
Ralph Kelly (Lineman 1st Class) $107,647 $0 $0
Tamah Hughes (It Mangager) $104,668 $0 $0
Roy A Beavers (Lineman 1st Class) $104,651 $0 $0
Ronnie Miller (Staking Engineer) $103,555 $0 $0
James Cozine (Lineman 1st Class) $102,981 $0 $0
Claude Jones Iv (Foreman) $102,227 $0 $0
Carl Kornegay (President) $26,162 $0 $0
William Farmer Jr (Secretary) $25,321 $0 $0
Keith Beavers (Director) $22,868 $0 $0
Randy Mc Cullen (Director) $21,013 $0 $0
David Ray Vinson (Treasurer) $18,159 $0 $0
Worth Overman (Director) $16,680 $0 $0
Jennings Outlaw (Vice President) $16,459 $0 $0
Patrick Lynch (Director) $12,574 $0 $0
Jeff Henderson (Director) $8,914 $0 $0
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990
Filed on May 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,641,047
Expenses
$58,439,391
Net Income
-$798,344
Net Assets
$32,267,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,863,130
98.7%
Investment Income $268,601
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,621
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $481,695
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,709,686
Total Liabilities $63,442,432
Net Assets $32,267,254
Club or Co-Op Income
Income From Members $56,863,130
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $248,146 $0 $0
Kenneth E Davis Jr (Manager Finance Admin.) $165,652 $0 $0
Tony A Grantham (Manager Of Engineering) $161,482 $0 $0
Michael A Wood (Manager Of Operations) $150,576 $0 $0
Jeff W Kennedy (Foreman) $121,672 $0 $0
Robert B Kornegay (Manager Customer Service) $116,301 $0 $0
Glenda S Barwick (Accountant) $109,318 $0 $0
Ralph Kelly (Lineman 1st Class) $109,219 $0 $0
Roy A Beavers (Lineman 1st Class) $105,871 $0 $0
Ricky L Richardson (Foreman) $105,815 $0 $0
William Fischer (Working Forman) $105,798 $0 $0
David Thornton (System Engineer) $105,434 $0 $0
Jerry Mozingo (Lineman 1st Class) $105,206 $0 $0
Stephanie J Brown (Staff Accountant) $102,628 $0 $0
James Cozine (Lineman 1st Class) $101,928 $0 $0
Anthony Denning (Working Foreman) $101,671 $0 $0
Ronnie Miller (Staking Engineer) $101,168 $0 $0
Todd Harrell (Lineman 1st Class) $100,855 $0 $0
Claude Jones Iv (Foreman) $100,756 $0 $0
William Farmer Jr (Secretary) $26,521 $0 $0
Carl Kornegay (President) $23,762 $0 $0
Keith Beavers (Director) $22,668 $0 $0
Randy Mc Cullen (Director) $22,213 $0 $0
David Ray Vinson (Treasurer) $18,359 $0 $0
Jennings Outlaw (Vice President) $17,859 $0 $0
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990
Filed on May 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$54,655,909
Expenses
$52,737,306
Net Income
$1,918,603
Net Assets
$30,058,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $54,043,346
98.9%
Investment Income $135,648
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $22,493
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $454,422
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $90,730,379
Total Liabilities $60,671,797
Net Assets $30,058,582
Club or Co-Op Income
Income From Members $54,043,346
Income From Other Sources $309,328
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $234,770 $0 $0
Tony A Grantham (Manager Of Engineering) $143,407 $0 $0
Kenneth E Davis Jr (Manager Finance/Acctg) $137,843 $0 $0
Michael A Wood (Manager Of Operations) $136,207 $0 $0
Joshua M Mattox (Manager Information Technology) $112,935 $0 $0
Jeff W Kennedy (Foreman) $108,797 $0 $0
Glenda S Barwick (Accountant) $108,215 $0 $0
Robert B Kornegay (Manager Customer Service) $106,400 $0 $0
Claude Jones Iv (Foreman) $102,421 $0 $0
Ricky L Richardson (Foreman) $101,653 $0 $0
Carl Kornegay (President) $14,482 $0 $0
Jennings Outlaw (Director) $14,246 $0 $0
William Farmer Jr (Secretary) $13,167 $0 $0
Randy Mc Cullen (Director) $12,725 $0 $0
Luther Carroll (Former Director) $11,557 $0 $0
Worth Overman (Treasurer) $11,382 $0 $0
Keith Beavers (Director) $11,259 $0 $0
Richard Grady (Former Director) $11,111 $0 $0
David Ray Vinson (Director) $10,997 $0 $0
Jeff Henderson (Director) $10,529 $0 $0
Dallace J Grady (Director) $9,661 $0 $0
Leland M Heath Jr (Vice President) $8,790 $0 $0
Brandy S Rouse (Director) $8,033 $0 $0
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990
Filed on May 3, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,809,726
Expenses
$52,896,408
Net Income
$2,913,318
Net Assets
$25,683,546
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $55,496,379
99.4%
Investment Income $40,306
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $26,935
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $246,106
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $80,667,094
Total Liabilities $54,983,548
Net Assets $25,683,546
Club or Co-Op Income
Income From Members $55,523,315
Income From Other Sources $286,412
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $244,420 $0 $0
Tony A Grantham (Manager Of Engineering) $143,857 $0 $0
Kenneth E Davis Jr (Manager Finance/Acctg) $138,373 $0 $0
Michael A Wood (Manager Of Operations) $137,333 $0 $0
William E Fischer (Foreman) $116,501 $0 $0
Claude Jones Iv (Foreman) $115,461 $0 $0
Jeff W Kennedy (Foreman) $114,535 $0 $0
Robert B Kornegay (Manager Customer Service) $107,412 $0 $0
Glenda S Barwick (Accountant) $105,335 $0 $0
Carl Kornegay (President) $18,782 $0 $0
David Ray Vinson (Director) $17,597 $0 $0
William Farmer Jr (Secretary) $14,167 $0 $0
Jennings Outlaw (Director) $13,646 $0 $0
Randy Mc Cullen (Director) $13,525 $0 $0
Keith Beavers (Director) $12,559 $0 $0
Worth Overman (Treasurer) $10,982 $0 $0
Luther Carroll (Former Director) $10,857 $0 $0
Dallace J Grady (Director) $9,238 $0 $0
Brandy S Rouse (Director) $8,533 $0 $0
Leland M Heath Jr (Vice President) $8,002 $0 $0
Richard Grady (Former Director) $7,294 $0 $0
Jeff Henderson (Director) $1,500 $0 $0
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990
Filed on May 12, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,485,067
Expenses
$15,870,822
Net Income
-$385,755
Net Assets
$24,960,129
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $39,668
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,853
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $15,220,095
98.3%
Other Revenue $200,451
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $78,072,568
Total Liabilities $53,112,439
Net Assets $24,960,129
Club or Co-Op Income
Income From Members $56,228,844
Income From Other Sources $240,306
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $215,337 $0 $0
Tony A Grantham (Manager Of Engineering) $131,162 $0 $0
Michael A Wood (Manager Of Operations) $128,514 $0 $0
Kenneth E Davis Jr (Manager Finance/Acctg) $125,220 $0 $0
William E Fischer (Lineman) $100,964 $0 $0
Jeff W Kennedy (Foreman) $100,259 $0 $0
Carl Kornegay (President) $21,182 $0 $0
William Farmer Jr (Secretary) $14,767 $0 $0
David Ray Vinson (Director) $14,697 $0 $0
Jennings Outlaw (Director) $14,446 $0 $0
Randy Mc Cullen (Director) $12,925 $0 $0
Keith Beavers (Director) $12,859 $0 $0
Luther Carroll (Former Director) $10,613 $0 $0
Richard Grady (Treasurer) $10,594 $0 $0
Dallace J Grady (Director) $9,838 $0 $0
Worth Overman (Director) $9,182 $0 $0
Leland M Heath Jr (Vice President) $8,602 $0 $0
Brandy S Rouse (Director) $8,033 $0 $0
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990
Filed on May 5, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,572,336
Expenses
$16,846,221
Net Income
$726,115
Net Assets
$25,790,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $44,199
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $22,408
0.1%
Net Fundraising $0
Sales of Assets $23,610
0.1%
Net Inventory Sales $17,241,362
98.1%
Other Revenue $240,757
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $75,706,950
Total Liabilities $49,916,372
Net Assets $25,790,578
Club or Co-Op Income
Income From Members $56,242,766
Income From Other Sources $308,898
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $211,443 $0 $0
Tony A Grantham (Manager Of Engineering) $128,148 $0 $0
Michael A Wood (Manager Of Operations) $125,109 $0 $0
Kenneth E Davis Jr (Manager Finance/Acctg) $121,569 $0 $0
Don C Keen (Systems Inspector) $100,121 $0 $0
Carl Kornegay (President) $27,768 $0 $0
Keith Beavers (Director) $24,996 $0 $0
William Farmer Jr (Secretary) $24,979 $0 $0
Richard Grady (Treasurer) $24,655 $0 $0
Jennings Outlaw (Director) $24,608 $0 $0
Randy Mc Cullen (Director) $23,887 $0 $0
Worth Overman (Director) $23,168 $0 $0
Leland M Heath Jr (Vice President) $22,613 $0 $0
Dallace J Grady (Director) $22,175 $0 $0
Brandy S Rouse (Director) $21,745 $0 $0
Mc Kinley Price (Director) $9,993 $0 $0
David Ray Vinson (Director) $1,400 $0 $0
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990
Filed on May 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,526,983
Expenses
$16,701,054
Net Income
$825,929
Net Assets
$25,430,848
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $79,120
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,526
0.1%
Net Fundraising $0
Sales of Assets $11,100
0.1%
Net Inventory Sales $17,268,507
98.5%
Other Revenue $146,730
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,324,243
Total Liabilities $50,893,395
Net Assets $25,430,848
Club or Co-Op Income
Income From Members $54,554,998
Income From Other Sources $236,523
Compensation
Key Employees and Officers Compensation Related Other
J Michael Davis (General Manager) $200,149 $0 $0
Michael A Wood (Manager Of Operations) $119,638 $0 $0
Tony A Grantham (Manager Of Engineering) $118,550 $0 $0
Kenneth E Davis Jr (Manager Finance/Acctg) $118,334 $0 $0
Glenda Barwick (Accountant) $100,599 $0 $0
Carl Kornegay (President) $23,538 $0 $0
Jennings Outlaw (Director) $23,178 $0 $0
Richard Grady (Treasurer) $22,350 $0 $0
Keith Beavers (Director) $21,991 $0 $0
William Farmer Jr (Secretary) $21,973 $0 $0
Randy Mc Cullen (Director) $21,932 $0 $0
Dallace J Grady (Director) $20,219 $0 $0
Worth Overman (Director) $19,813 $0 $0
Leland M Heath Jr (Vice President) $19,433 $0 $0
Brandy S Rouse (Director) $19,264 $0 $0
Mc Kinley Price (Director) $18,031 $0 $0
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Document Links

990
Filed on March 26, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,509,561
Expenses
$16,071,747
Net Income
$1,437,814
Net Assets
$24,070,174
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $51,535
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $22,349
0.1%
Net Fundraising $0
Sales of Assets $67,341
0.4%
Net Inventory Sales $17,312,136
98.9%
Other Revenue $56,200
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,573,740
Total Liabilities $52,503,566
Net Assets $24,070,174
Club or Co-Op Income
Income From Members $53,956,838
Income From Other Sources $173,191

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,599,355
Expenses
$14,584,694
Net Income
$1,014,661
Net Assets
$22,957,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $46,930
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,713
0.2%
Net Fundraising $0
Sales of Assets $3,341
0.0%
Net Inventory Sales $15,395,289
98.7%
Other Revenue $126,082
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,181,067
Total Liabilities $51,224,017
Net Assets $22,957,050
Club or Co-Op Income
Income From Members $54,577,541
Income From Other Sources $175,396

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated