WAKE ELECTRIC MEMBERSHIP CORPORATION is a Public Charity headquartered in WAKE FOREST, NC. Financial data from the 2025 filing: $129.4M revenue, $129.4M expenses, $365.4M total assets. 9 publicly reported grants to this organization, totaling roughly $110K, appear in IRS filings.
WAKE ELECTRIC PROVIDES RELIABLE, SAFE, AND AFFORDABLE ENERGY AND RELATED SERVICES. WAKE ELECTRIC OPERATES AS A COOPERATIVE BUSINESS AND CONTINUALLY IMPROVES ITS SERVICES TO MEET THE NEEDS OF OUR MEMBERS AND ENHANCE THEIR QUALITY OF LIFE. WAKE ELECTRIC OPERATES A SUSTAINABLE ELECTRIC SYSTEM. SUSTAINABLE MEANS DELIVERING AFFORDABLE, INCREASINGLY CLEAN ELECTRICITY OVER A GRID THAT IS MORE EFFICIENT, RESILIENT AND CAPABLE OF SUPPORTING NEW ENERGY RESOURCES.
How Wake Electric Membership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 9 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $129.4M | $129.4M | $365.4M |
| 2024 | $116.7M | $116.7M | $335.4M |
| 2023 | $105.7M | $105.7M | $315.4M |
| 2022 | $104.9M | $104.9M | $298.4M |
| 2021 | $101.9M | $101.9M | $280.5M |
Between 2021 and 2025, reported annual revenue grew from $101.9M to $129.4M (+27%), with total assets most recently reported at $365.4M.
Interactive year-over-year charts and full filing details available with membership.
