PEMBROKE, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LUMBEE RIVER ELEC MEMBERSHIP CORP, founded in 1940, is a major nonprofit that reported $169.6M in total revenue in fiscal year 2024.
SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF LREMC.
SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF LREMC. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES, WERE AS FOLLOWS: COST OF POWER: 113,124,641 DEPRECIATION...
SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF LREMC. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES, WERE AS FOLLOWS: COST OF POWER: 113,124,641 DEPRECIATION: 13,404,117 SALARIES: 11,757,994
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $169,560,200 | $158,192,273 | +0.1% |
| Expenses | $170,690,428 | $161,652,260 | +0.1% |
| Net Income | $-1,130,228 | $-3,459,987 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVEN DAVIS | VP INFO TECH | 40.00 |
Highest
|
$174,040 | $158,902 | $332,942 |
| JON T LOCKLEAR | PRESIDENT & | 40.00 |
Officer
|
$277,418 | $55,505 | $332,923 |
| RUBY QUICK | VP MEMBER SR | 42.00 |
Highest
|
$177,605 | $97,896 | $275,501 |
| WILLIAM DOCKERY | SUP OF OPERA | 57.00 |
Highest
|
$181,185 | $65,743 | $246,928 |
| JOHN DYSON | COO | 42.00 |
Highest
|
$203,040 | $36,357 | $239,397 |
| ROMA HUSSEY | VP OF HR | 40.00 |
Highest
|
$158,145 | $51,191 | $209,336 |
| DANIEL LEONARD | CFO | 40.00 |
Officer
|
$172,176 | $32,089 | $204,265 |
| ERIC LOCKLEAR | DIRECTOR | 5.00 |
Director
|
$22,500 | $0 | $22,500 |
| RON ANDERSON | DIRECTOR | 3.00 |
Director
|
$20,100 | $0 | $20,100 |
| RORY C EDDINGS | CHAIRMAN | 4.00 |
Officer
Director
|
$19,500 | $0 | $19,500 |
| SHARON BURNETTE | DIRECTOR | 4.00 |
Director
|
$19,200 | $0 | $19,200 |
| SILVA CHAVIS | SECRETARY | 3.00 |
Officer
Director
|
$16,500 | $0 | $16,500 |
| RONALD G HAMMONDS | DIRECTOR | 2.00 |
Director
|
$16,200 | $0 | $16,200 |
| KIRK LOWERY | TREASURER | 2.00 |
Officer
Director
|
$16,200 | $0 | $16,200 |
| MARY BETH LOCKLEAR | DIRECTOR | 3.00 |
Director
|
$15,900 | $0 | $15,900 |
| ROGER OXENDINE | VICE CHAIRMA | 2.00 |
Officer
Director
|
$15,900 | $0 | $15,900 |
| RHONDA M GOINS-DIAL | DIRECTOR | 2.00 |
Director
|
$15,600 | $0 | $15,600 |
| JAMES HARDIN | DIRECTOR | 2.00 |
Director
|
$15,600 | $0 | $15,600 |
| ANTHONY HUNT | DIRECTOR | 2.00 |
Director
|
$15,000 | $0 | $15,000 |
| SHERRY CARTER | DIRECTOR | 2.00 |
Director
|
$14,700 | $0 | $14,700 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $169,560,200 | $170,690,428 | $419,587,831 | $-1,130,228 |
| 2023 | $158,192,273 | $161,652,260 | $388,927,167 | $-3,459,987 |
| 2022 | $152,496,016 | $154,973,989 | $369,886,144 | $-2,477,973 |
| 2021 | $157,047,109 | $156,380,186 | $379,137,128 | $666,923 |
| 2020 | $151,555,489 | $154,685,716 | $362,048,931 | $-3,130,227 |
| 2019 | $156,551,816 | $159,355,221 | $338,066,922 | $-2,803,405 |
| 2018 | $159,150,316 | $161,320,734 | $344,095,021 | $-2,170,418 |
Compare LUMBEE RIVER ELEC MEMBERSHIP CORP with other nonprofits in North Carolina and across the country.