Public Charity

RAYLE ELECTRIC MEMBERSHIP CORPORATION

RAYLE ELECTRIC MEMBERSHIP CORPORATION, of WASHINGTON, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $44.6M in revenue, $44.6M in expenses, $122.9M in total assets.

EIN: 580398354 WASHINGTON, GA Latest filing: 2024
Total Revenue$44.6M
Total Expenses$44.6M
Total Assets$122.9M
Grant Records0
Filing Years2020–2024

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.

Officers & Directors

PRESIDENT Fred Mcwhorter
DIRECTOR Herbert L Powell
DISTRICT FOR Hillman Moody
DIRECTOR Horace W Williams
DIRECTOR Iris Walker
DIRECTOR Jackson Copelan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $44.6M $44.6M $122.9M
2023 $39.3M $39.3M $110.7M
2022 $42.4M $42.4M $106.0M
2021 $36.7M $36.7M $98.1M
2020 $36.8M $36.8M $95.5M

Between 2020 and 2024, reported annual revenue grew from $36.8M to $44.6M (+21%), with total assets most recently reported at $122.9M.

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

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