Public Charity

BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION

Based in SHALLOTTE, NC, BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION operates as a Public Charity. The organization reported $254.8M in revenue, $250.4M in expenses, $555.1M in total assets for fiscal year 2025. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $160K.

EIN: 560154512 SHALLOTTE, NC Latest filing: 2025
Total Revenue$254.8M
Total Expenses$250.4M
Total Assets$555.1M
Grant Records9
Funding Total$160K
Filing Years2020–2025

Mission

THE MISSION OF BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION IS TO PROVIDE OUR COOPERATIVE MEMBERSHIP WITH SUPERIOR ELECTRIC AND CONSUMER SERVICES THROUGH OPEN COMMUNICATION, UTILIZING A HIGHLY-TRAINED, EFFICIENT WORK FORCE IN CONJUNCTION WITH A KNOWLEDGEABLE AND WELL-INFORMED MEMBERSHIP. OUR PRIMARY GOAL IS TO DISTRIBUTE SAFE, AFFORDABLE, RELIABLE, AND ENVIRONMENTALLY RESPONSIBLE ELECTRICITY TO OUR MEMBERSHIP.

Where $100 goes at Brunswick Electric Membership Corporation

How Brunswick Electric Membership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$95
Distribution of electricity to members, which includes the purchase of electric power from suppliers, transmission operations and maintenance, distribution operations and maintenance, customer accounting, customer service, marketing, general…
95% of program spending
$4
Patronage dividends paid to members' accounts
4% of program spending
$1
Operation, maintenance, and construction of electric distribution lines for (1) the military ocean terminal sunny point, under the terms of a long-term contract with the united states government…
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$16,566
$16,566
$16,566
$16,566
$15,796

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

OPS TECH MGR Brian Hall
ASST. SECT./ Calvin Duncan
COO Corey Thurlow
DIRECTOR Dan Strickland
PRESIDENT David Gore
VP TECHNOLOG David Reel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$97,856 6 grants
Health & Medicine
$62,388 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $254.8M $250.4M $555.1M
2024 $237.1M $229.6M $535.2M
2023 $218.1M $213.4M $510.3M
2022 $218.7M $217.7M $498.7M
2020 $205.2M $202.2M $467.8M

Between 2020 and 2025, reported annual revenue grew from $205.2M to $254.8M (+24%), with total assets most recently reported at $555.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION

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