Mission
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.
Public Charity
RUTHERFORD ELECTRIC MEMBERSHIP CORPORATION
RUTHERFORD ELECTRIC MEMBERSHIP CORPORATION is a Public Charity headquartered in FOREST CITY, NC. Financial data from the 2025 filing: $174.5M revenue, $174.5M expenses, $386.1M total assets. 8 publicly reported grants to this organization, totaling roughly $123K, appear in IRS filings.
EIN: 560386171
FOREST CITY, NC
Latest filing: 2025
Total Revenue$174.5M
Total Expenses$174.5M
Total Assets$386.1M
Grant Records8
Funding Total$123K
Filing Years2020–2025
Sample Grants Received
EDUCATIONAL ASSISTANCE
$15,871
EDUCATIONAL ASSISTANCE
$15,871
EDUCATIONAL ASSISTANCE
$15,871
EDUCATIONAL ASSISTANCE
$15,101
EDUCATIONAL ASSISTANCE
$15,101
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
DIRECTOR
Amy P Torvinen
DIRECTOR-DIS
Brad Bridges
VP-OPERATION
Colon L Saunders
PRESIDENT
J Dean Carpenter
GENERAL MANA
Jeffrey C Brittain
ASST. SECRET
Jill P Lovell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $174.5M | $174.5M | $386.1M |
| 2024 | $167.7M | $167.7M | $389.4M |
| 2023 | $172.3M | $172.3M | $368.4M |
| 2022 | $154.8M | $154.8M | $344.2M |
| 2020 | $141.2M | $141.2M | $327.2M |
Between 2020 and 2025, reported annual revenue grew from $141.2M to $174.5M (+24%), with total assets most recently reported at $386.1M.
Interactive year-over-year charts and full filing details available with membership.