Public Charity

ROANOKE ELECTRIC MEMBERSHIP CORPORATION

ROANOKE ELECTRIC MEMBERSHIP CORPORATION is a Public Charity headquartered in AULANDER, NC. Financial data from the 2025 filing: $63.4M revenue, $67.5M expenses, $223.2M total assets.

EIN: 560378505 AULANDER, NC Latest filing: 2025
Total Revenue$63.4M
Total Expenses$67.5M
Total Assets$223.2M
Grant Records0
Filing Years2021–2025

Mission

ROANOKE EMC: HTTPS://WWW.ROANOKECOOPERATIVE.COM/ABOUT-US/CORPORATE-STRATEGY/ TO PURSUE INNOVATION RELENTLESSLY AND OFFER THE FINEST, MOST RELIABLE, AND COST-EFFICIENT SERVICES IN THE INDUSTRY. THE CO-OP WILL SERVE MEMBER-OWNERS TIRELESSLY AND ENHANCE THEIR LIVES AND COMMUNITIES. OUR VISION IS THAT THE CO-OP WILL COMMIT TO BEING ONE OF OUR MEMBER-OWNERS MOST TRUSTED SERVICE PROVIDERS AND MOST ADMIRED BY ITS PEERS. ROANOKE CONNECT HOLDINGS, LLC DBA FYBE: HTTPS://WWW.GOFYBE.COM/ABOUT-US/WHO-IS-FYBE/ ENABLING EVERY PERSON AND ORGANIZATION IN RURAL NORTH CAROLINA TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN THIS DIGITAL AGE WITH THE HIGHEST QUALITY, MOST RELIABLE HIGH-SPEED FIBER-OPTIC SERVICES.

Where $100 goes at Roanoke Electric Membership Corporation

How Roanoke 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

$90
To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service
90% of program spending
$10
To provide the best possible broadband service to all who desire it at a reasonable cost consistent with the highest standards of service
10% 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.

Officers & Directors

CHAIRMAN Allen Speller
DIR. CUST. E Angela Gordan
DIRECTOR Carolyn Bradley
DIRECTOR Columbus Jeffers
ASST. SEC/TR Cynthia Vaughan
DIRECTOR (JA Darnell Lee

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $63.4M $67.5M $223.2M
2024 $57.2M $61.7M $218.2M
2023 $46.3M $49.4M $192.8M
2022 $50.9M $50.8M $147.8M
2021 $41.3M $41.2M $130.3M

Between 2021 and 2025, reported annual revenue grew from $41.3M to $63.4M (+53%), with total assets most recently reported at $223.2M.

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

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