ENERGYUNITED ELECTRIC MEMBERSHIP CO

EIN: 562097218

Statesville, NC

Total Revenue
$313,161,255
Total Expenses
$310,501,086
Total Assets
$646,552,286
Net Assets
$280,389,004
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NC
Phone
7048735241
Tax Period
2025-01-01 to 2025-12-31

ENERGYUNITED ELECTRIC MEMBERSHIP CO, founded in 1998, is a major nonprofit that reported $313.2M in total revenue in fiscal year 2025.

Mission

PROVIDE ELECTRICAL SERVICE TO MEMBERS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $310,221,808
Investment Income $805,444
Other Revenue $2,134,003
TOTAL REVENUE $313,161,255

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,960,515
Fundraising Expenses $0
Program Expenses $310,501,086
Other Expenses $278,446,287
TOTAL EXPENSES $310,501,086

Year-over-Year Comparison

2025 2024 Change
Revenue $313,161,255 $301,097,441 +0.0%
Expenses $310,501,086 $291,450,076 +0.1%
Net Income $2,660,169 $9,647,365 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
287
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$112,196
Total Directors
10
$314,974
Key Employees
7
$2,834,730
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS GOLDEN CEO 40.00
Key Emp
$633,474 $68,112 $701,586
ALEC NATT CFO 40.00
Key Emp
$357,126 $56,505 $413,631
BRETT ALKINS COO 40.00
Key Emp
$333,308 $62,111 $395,419
PAMELA BRITT CHRO 40.00
Key Emp
$329,537 $53,398 $382,935
STEVE MCCACHERN VP ENERGY DELIVERY 40.00
Key Emp
$296,689 $34,210 $330,899
MATT M SHARPE DIRECTOR OF OPERATIONS 40.00
Highest
$191,390 $127,329 $318,719
LAQUISHA PARKS VP ENERGY SERVICES 40.00
Key Emp
$270,710 $43,130 $313,840
RYAN GARDNER VP INFORMATION TECH 40.00
Key Emp
$254,421 $41,999 $296,420
JOSIAH MAKUCH LINEMAN 40.00
Highest
$191,588 $45,387 $236,975
BRIAN DACARET IT MANAGER 40.00
Highest
$180,818 $47,365 $228,183
LEON POWERS DIRECTOR OF TRANSFORMATION 40.00
Highest
$179,954 $39,100 $219,054
DOUG WIKE MANAGER OF TECH SVS 40.00
Highest
$172,168 $23,896 $196,064
C EDGAR CARTNER DIRECTOR 6.00
Director
$29,132 $69,013 $98,145
HOWARD W WILKINS CEO-RETIRED 0.00
$0 $93,581 $93,581
BRIAN SISSON PRESIDENT 7.00
Officer Director
$25,132 $7,200 $32,332
JILL DOSS-RAINES DIRECTOR 6.00
Director
$28,932 $0 $28,932
CHERYL WRIGHT VICE PRESIDENT 9.00
Officer Director
$26,472 $860 $27,332
RONNIE HARRISON SECRETARY 6.00
Officer Director
$26,500 $0 $26,500
CRAIG W BLACK TREASURER 6.00
Officer Director
$26,032 $0 $26,032
ZOLEE RIGGS DIRECTOR 5.00
Director
$25,632 $0 $25,632
LISA PULLIS DIRECTOR 4.00
Director
$23,232 $0 $23,232
JERRY S ANDERSON DIRECTOR-RETIRED 5.00
Director
$18,532 $0 $18,532
BRAD BLACKWELDER DIRECTOR 8.00
Director
$8,305 $0 $8,305
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $313,161,255 $310,501,086 $646,552,286 $2,660,169
2024 $301,097,441 $291,450,076 $620,859,332 $9,647,365
2023 $289,954,202 $281,441,489 $580,763,714 $8,512,713
2023 No data No data No data No data
2022 No data No data No data No data
2022 $283,002,756 $276,535,034 $589,019,102 $6,467,722
2021 $280,523,963 $278,991,951 $513,896,783 $1,532,012
2020 $304,657,291 $273,786,341 $522,295,938 $30,870,950
2019 $286,589,142 $274,814,292 $484,723,871 $11,774,850
2018 $288,594,485 $281,936,984 $471,829,189 $6,657,501
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