ALBEMARLE ELECTRIC MEMBERSHIP CORPPub 78
Pub 78
AI Summary
Albemarle Electric Membership Corp (EIN: 56-0475840) is a nonprofit organization dedicated to providing reliable power and energy solutions to its members and local communities, with a mission focused on service excellence. With an operating budget of $34.4 million and total revenue of $37 million for the 2025 filing year, the organization relies significantly on funding sources, including an unknown contributor providing $15.2 million, which constitutes over 40% of its revenue. More information can be found on their website at http://www.aemc.coop.
Mission Statement
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.
Cause Areas
1
Public utilities
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
UNITED WAY OF GREATER RICHMOND & PETERSBURG
Richmond, VA, US
$15.2M
< 1%
Frequently Asked Questions
What is ALBEMARLE ELECTRIC MEMBERSHIP CORP’s budget?
In 2025, ALBEMARLE ELECTRIC MEMBERSHIP CORP reported an annual operating budget of around $34.4 million. More detailed financial information is available to registered users.
What causes does ALBEMARLE ELECTRIC MEMBERSHIP CORP support?
ALBEMARLE ELECTRIC MEMBERSHIP CORP supports work in Public utilities.
Where does ALBEMARLE ELECTRIC MEMBERSHIP CORP operate?
ALBEMARLE ELECTRIC MEMBERSHIP CORP is headquartered in Hertford, NC.
Who funded ALBEMARLE ELECTRIC MEMBERSHIP CORP recently?
In 2022, ALBEMARLE ELECTRIC MEMBERSHIP CORP received grants from UNITED WAY OF GREATER RICHMOND & PETERSBURG. More information on this organization’s funders is available to registered users.
What is the largest grant ALBEMARLE ELECTRIC MEMBERSHIP CORP received in 2022?
The largest grant to ALBEMARLE ELECTRIC MEMBERSHIP CORP in 2022 exceeds $12 thousand.