WAKE ELECTRIC MEMBERSHIP CORPORATION is a Public Charity headquartered in WAKE FOREST, NC. Financial data from the 2024 filing: $116.7M revenue, $116.7M expenses, $335.4M total assets. 8 publicly reported grants to this organization, totaling roughly $98K, 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.
Showing up to 5 of 8 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 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 |
| 2020 | $97.4M | $97.4M | $260.4M |
Between 2020 and 2024, reported annual revenue grew from $97.4M to $116.7M (+20%), with total assets most recently reported at $335.4M.
Interactive year-over-year charts and full filing details available with membership.
