Mission
TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITIES BY EMPOWERING AND PARTNERING WITH OUR MEMBERS. WE STRIVE TO CREATE SUPERIOR VALUE FOR OUR MEMBERS IN AN EVER CHANGING ENERGY ENVIRONMENT.
Public Charity
PIEDMONT ELECTRIC MEMBERSHIP CORPORATION
Based in HILLSBOROUGH, NC, PIEDMONT ELECTRIC MEMBERSHIP CORPORATION operates as a Public Charity. The organization reported $83.1M in revenue, $83.1M in expenses, $275.9M in total assets for fiscal year 2025. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $93K.
EIN: 560358446
HILLSBOROUGH, NC
Latest filing: 2025
Total Revenue$83.1M
Total Expenses$83.1M
Total Assets$275.9M
Grant Records9
Funding Total$93K
Filing Years2021–2025
Where $100 goes at Piedmont Electric Membership Corporation
How Piedmont Electric Membership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
$100
Compensation of current officers, directors, trustees, and key employees
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
EDUCATIONAL ASSISTANCE
$10,098
EDUCATIONAL ASSISTANCE
$10,098
EDUCATIONAL ASSISTANCE
$10,098
EDUCATIONAL ASSISTANCE
$10,098
EDUCATIONAL ASSISTANCE
$9,328
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
MGR OF MBR S
Brandon Reed
DIRECTOR
Cyrus Vernon
DIRECTOR
Darren Chalk
SECRETARY
David Poythress
CHAIRMAN
James Randy Kinley
VP - ENGINEE
Jarrod Kilgore
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $83.1M | $83.1M | $275.9M |
| 2024 | $79.6M | $79.6M | $248.0M |
| 2023 | $76.8M | $76.8M | $237.7M |
| 2022 | $67.5M | $67.5M | $231.8M |
| 2021 | $66.2M | $66.2M | $213.7M |
Between 2021 and 2025, reported annual revenue grew from $66.2M to $83.1M (+25%), with total assets most recently reported at $275.9M.
Interactive year-over-year charts and full filing details available with membership.