Overview

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Est.

1941

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Central Electric Membership Corporation (EIN: 56-0478157) is a nonprofit organization dedicated to the safe and effective distribution of electricity to its members. With an operating budget of $61.5 million and total revenue of $62.2 million for the filing year 2024, it serves the public utilities sector. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.centralelectriconline.com.

Mission Statement

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF CENTRAL EMC
Revenues
$62.2M
Expenses
$62.9M
Net Income:
-$740.6K
Assets
$138M
Liabilities
$72.9M
Net Assets:
+$65.2M
Operating Budget
$61.5M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
1
Median grant size
$5.5K
Largest grant received
$5.5K
R
Rebecca G Paschal-Cogan
Board Member
C
Charles E Cameron Sr
Board Member
C
C Henry Outz Jr
Board Member

Frequently Asked Questions

What is CENTRAL ELECTRIC MEMBERSHIP CORPORATION’s budget?
In 2024, CENTRAL ELECTRIC MEMBERSHIP CORPORATION reported an annual operating budget of around $61.5 million. More detailed financial information is available to registered users.
What causes does CENTRAL ELECTRIC MEMBERSHIP CORPORATION support?
CENTRAL ELECTRIC MEMBERSHIP CORPORATION supports work in Public utilities.
Where does CENTRAL ELECTRIC MEMBERSHIP CORPORATION operate?
CENTRAL ELECTRIC MEMBERSHIP CORPORATION is headquartered in Sanford, NC.
Who funded CENTRAL ELECTRIC MEMBERSHIP CORPORATION recently?
In 2023, CENTRAL ELECTRIC MEMBERSHIP CORPORATION received grants from NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant CENTRAL ELECTRIC MEMBERSHIP CORPORATION received in 2023?
The largest grant to CENTRAL ELECTRIC MEMBERSHIP CORPORATION in 2023 exceeds $5,487.