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Employer Identification Number 56-0123345

PEE DEE ELECTRIC MEMBERSHIP CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PEE DEE ELECTRIC MEMBERSHIP CORPORATION
Employer identification number (EIN):56-0123345
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationNorth Carolina, NC

Organization Overview

Mission StatementSafe and effective DISTRIBUTION OF ELECTRICITY TO the members of PDEMC
Number of Employees68
Year Formed1939

Organization Governance

Legal DomicileNC
Voting Members - Governing Body10
Voting Members - Independent10

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 50,088,555
Program Service Revenue from current yearUSD $ 49,694,826
Investment Income from prior yearUSD $ 348,094
Investment Income from current yearUSD $ 193,843
Other Revenue from prior yearUSD $ 67,087
Other Revenue from current yearUSD $ 346,147
Gross receipts from all sourcesUSD $ 50,442,721
Net assets / fund balances at end of fiscal yearUSD $ 77,652,350
Net assets / fund balances at beginning of fiscal yearUSD $ 74,575,932
Total liabilities at end of fiscal yearUSD $ 84,678,304
Total liabilities at beginning of fiscal yearUSD $ 88,093,271
Total assets at end of fiscal yearUSD $ 162,330,654
Total assets at beginning of fiscal yearUSD $ 162,669,203
Revenues less expenses for current yearUSD $ -1,216,154
Revenues less expenses for previous yearUSD $ -696,384
Total expenses for current yearUSD $ 51,561,555
Total expenses for previous yearUSD $ 51,312,461
Other expenses in current yearUSD $ 39,662,894
Other expenses in previous yearUSD $ 40,957,481
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,358,196
Employee salary and benefits paid in previous yearUSD $ 7,791,317
Benefits paid to or for members in current yearUSD $ 3,415,932
Benefits paid to or for members in previous yearUSD $ 2,457,614
Grants and similar amounts paid in current yearUSD $ 124,533
Grants and similar amounts paid in previous yearUSD $ 106,049
Total revenue in current fiscal yearUSD $ 50,345,401
Total revenue in previous fiscal yearUSD $ 50,616,077
Contributions and grants from current yearUSD $ 110,585
Contributions and grants from previous yearUSD $ 112,341
Total of other revenueUSD $ -75,243
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 47,008,118
Program Service Revenue from current yearUSD $ 50,088,555
Investment Income from prior yearUSD $ 730,792
Investment Income from current yearUSD $ 348,094
Other Revenue from prior yearUSD $ 1,355,858
Other Revenue from current yearUSD $ 67,087
Gross receipts from all sourcesUSD $ 50,721,709
Net assets / fund balances at end of fiscal yearUSD $ 74,575,932
Net assets / fund balances at beginning of fiscal yearUSD $ 70,764,382
Total liabilities at end of fiscal yearUSD $ 88,093,271
Total liabilities at beginning of fiscal yearUSD $ 86,168,769
Total assets at end of fiscal yearUSD $ 162,669,203
Total assets at beginning of fiscal yearUSD $ 156,933,151
Revenues less expenses for current yearUSD $ -696,384
Revenues less expenses for previous yearUSD $ 163,692
Total expenses for current yearUSD $ 51,312,461
Total expenses for previous yearUSD $ 49,047,310
Other expenses in current yearUSD $ 40,957,481
Other expenses in previous yearUSD $ 37,932,462
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,791,317
Employee salary and benefits paid in previous yearUSD $ 7,534,982
Benefits paid to or for members in current yearUSD $ 2,457,614
Benefits paid to or for members in previous yearUSD $ 3,478,234
Grants and similar amounts paid in current yearUSD $ 106,049
Grants and similar amounts paid in previous yearUSD $ 101,632
Total revenue in current fiscal yearUSD $ 50,616,077
Total revenue in previous fiscal yearUSD $ 49,211,002
Contributions and grants from current yearUSD $ 112,341
Contributions and grants from previous yearUSD $ 116,234
Total of other revenueUSD $ -179,135
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 46,004,209
Program Service Revenue from current yearUSD $ 47,008,118
Investment Income from prior yearUSD $ 396,249
Investment Income from current yearUSD $ 730,792
Other Revenue from prior yearUSD $ 754,641
Other Revenue from current yearUSD $ 1,355,858
Gross receipts from all sourcesUSD $ 50,166,883
Net assets / fund balances at end of fiscal yearUSD $ 70,764,382
Net assets / fund balances at beginning of fiscal yearUSD $ 66,752,815
Total liabilities at end of fiscal yearUSD $ 86,168,769
Total liabilities at beginning of fiscal yearUSD $ 77,221,300
Total assets at end of fiscal yearUSD $ 156,933,151
Total assets at beginning of fiscal yearUSD $ 143,974,115
Revenues less expenses for current yearUSD $ 163,692
Revenues less expenses for previous yearUSD $ -635,331
Total expenses for current yearUSD $ 49,047,310
Total expenses for previous yearUSD $ 47,923,786
Other expenses in current yearUSD $ 37,932,462
Other expenses in previous yearUSD $ 36,896,428
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,534,982
Employee salary and benefits paid in previous yearUSD $ 7,510,805
Benefits paid to or for members in current yearUSD $ 3,478,234
Benefits paid to or for members in previous yearUSD $ 3,389,797
Grants and similar amounts paid in current yearUSD $ 101,632
Grants and similar amounts paid in previous yearUSD $ 126,756
Total revenue in current fiscal yearUSD $ 49,211,002
Total revenue in previous fiscal yearUSD $ 47,288,455
Contributions and grants from current yearUSD $ 116,234
Contributions and grants from previous yearUSD $ 133,356
Total of other revenueUSD $ 1,138,549
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 46,263,453
Program Service Revenue from current yearUSD $ 46,004,209
Investment Income from prior yearUSD $ 303,160
Investment Income from current yearUSD $ 396,249
Other Revenue from prior yearUSD $ 344,916
Other Revenue from current yearUSD $ 754,641
Gross receipts from all sourcesUSD $ 47,288,455
Net assets / fund balances at end of fiscal yearUSD $ 66,752,815
Net assets / fund balances at beginning of fiscal yearUSD $ 64,778,640
Total liabilities at end of fiscal yearUSD $ 77,221,300
Total liabilities at beginning of fiscal yearUSD $ 63,134,238
Total assets at end of fiscal yearUSD $ 143,974,115
Total assets at beginning of fiscal yearUSD $ 127,912,878
Revenues less expenses for current yearUSD $ -635,331
Revenues less expenses for previous yearUSD $ -1,598,562
Total expenses for current yearUSD $ 47,923,786
Total expenses for previous yearUSD $ 48,982,445
Other expenses in current yearUSD $ 36,896,428
Other expenses in previous yearUSD $ 37,966,399
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,510,805
Employee salary and benefits paid in previous yearUSD $ 7,360,103
Benefits paid to or for members in current yearUSD $ 3,389,797
Benefits paid to or for members in previous yearUSD $ 3,545,395
Grants and similar amounts paid in current yearUSD $ 126,756
Grants and similar amounts paid in previous yearUSD $ 110,548
Total revenue in current fiscal yearUSD $ 47,288,455
Total revenue in previous fiscal yearUSD $ 47,383,883
Contributions and grants from current yearUSD $ 133,356
Contributions and grants from previous yearUSD $ 472,354
Total of other revenueUSD $ 532,769
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 47,283,400
Program Service Revenue from current yearUSD $ 46,263,453
Investment Income from prior yearUSD $ 417,393
Investment Income from current yearUSD $ 303,160
Other Revenue from prior yearUSD $ 289,921
Other Revenue from current yearUSD $ 344,916
Gross receipts from all sourcesUSD $ 47,455,438
Net assets / fund balances at end of fiscal yearUSD $ 64,778,640
Net assets / fund balances at beginning of fiscal yearUSD $ 60,746,653
Total liabilities at end of fiscal yearUSD $ 63,134,238
Total liabilities at beginning of fiscal yearUSD $ 63,941,052
Total assets at end of fiscal yearUSD $ 127,912,878
Total assets at beginning of fiscal yearUSD $ 124,687,705
Revenues less expenses for current yearUSD $ -1,598,562
Revenues less expenses for previous yearUSD $ -1,489,571
Total expenses for current yearUSD $ 48,982,445
Total expenses for previous yearUSD $ 51,067,841
Other expenses in current yearUSD $ 37,966,399
Other expenses in previous yearUSD $ 39,701,181
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,360,103
Employee salary and benefits paid in previous yearUSD $ 7,408,508
Benefits paid to or for members in current yearUSD $ 3,545,395
Benefits paid to or for members in previous yearUSD $ 3,796,851
Grants and similar amounts paid in current yearUSD $ 110,548
Grants and similar amounts paid in previous yearUSD $ 161,301
Total revenue in current fiscal yearUSD $ 47,383,883
Total revenue in previous fiscal yearUSD $ 49,578,270
Contributions and grants from current yearUSD $ 472,354
Contributions and grants from previous yearUSD $ 1,587,556
Total of other revenueUSD $ 133,755
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 44,006,993
Program Service Revenue from current yearUSD $ 47,283,400
Investment Income from prior yearUSD $ 547,215
Investment Income from current yearUSD $ 417,393
Other Revenue from prior yearUSD $ 1,908,248
Other Revenue from current yearUSD $ 289,921
Gross receipts from all sourcesUSD $ 49,603,460
Net assets / fund balances at end of fiscal yearUSD $ 60,746,653
Net assets / fund balances at beginning of fiscal yearUSD $ 57,672,241
Total liabilities at end of fiscal yearUSD $ 63,941,052
Total liabilities at beginning of fiscal yearUSD $ 61,267,222
Total assets at end of fiscal yearUSD $ 124,687,705
Total assets at beginning of fiscal yearUSD $ 118,939,463
Revenues less expenses for current yearUSD $ -1,489,571
Revenues less expenses for previous yearUSD $ 159,918
Total expenses for current yearUSD $ 51,067,841
Total expenses for previous yearUSD $ 46,405,537
Other expenses in current yearUSD $ 39,701,181
Other expenses in previous yearUSD $ 35,886,692
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,408,508
Employee salary and benefits paid in previous yearUSD $ 6,901,439
Benefits paid to or for members in current yearUSD $ 3,796,851
Benefits paid to or for members in previous yearUSD $ 3,533,463
Grants and similar amounts paid in current yearUSD $ 161,301
Grants and similar amounts paid in previous yearUSD $ 83,943
Total revenue in current fiscal yearUSD $ 49,578,270
Total revenue in previous fiscal yearUSD $ 46,565,455
Contributions and grants from current yearUSD $ 1,587,556
Contributions and grants from previous yearUSD $ 102,999
Total of other revenueUSD $ 73,190
2017-12-31
Total unrelated business incomeUSD $ 114
Net unrelated business incomeUSD $ -36
Program Service Revenue from prior yearUSD $ 44,328,627
Program Service Revenue from current yearUSD $ 44,006,993
Investment Income from prior yearUSD $ 251,752
Investment Income from current yearUSD $ 547,215
Other Revenue from prior yearUSD $ 2,454,826
Other Revenue from current yearUSD $ 1,908,248
Gross receipts from all sourcesUSD $ 46,565,455
Net assets / fund balances at end of fiscal yearUSD $ 57,672,241
Net assets / fund balances at beginning of fiscal yearUSD $ 55,450,318
Total liabilities at end of fiscal yearUSD $ 61,267,222
Total liabilities at beginning of fiscal yearUSD $ 57,293,304
Total assets at end of fiscal yearUSD $ 118,939,463
Total assets at beginning of fiscal yearUSD $ 112,743,622
Revenues less expenses for current yearUSD $ 159,918
Revenues less expenses for previous yearUSD $ -421,828
Total expenses for current yearUSD $ 46,405,537
Total expenses for previous yearUSD $ 47,557,899
Other expenses in current yearUSD $ 35,886,692
Other expenses in previous yearUSD $ 35,759,131
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,901,439
Employee salary and benefits paid in previous yearUSD $ 6,826,502
Benefits paid to or for members in current yearUSD $ 3,533,463
Benefits paid to or for members in previous yearUSD $ 4,849,667
Grants and similar amounts paid in current yearUSD $ 83,943
Grants and similar amounts paid in previous yearUSD $ 122,599
Total revenue in current fiscal yearUSD $ 46,565,455
Total revenue in previous fiscal yearUSD $ 47,136,071
Contributions and grants from current yearUSD $ 102,999
Contributions and grants from previous yearUSD $ 100,866
Total of other revenueUSD $ 1,690,111
2016-12-31
Total unrelated business incomeUSD $ 106
Net unrelated business incomeUSD $ -29
Program Service Revenue from prior yearUSD $ 44,198,705
Program Service Revenue from current yearUSD $ 44,328,627
Investment Income from prior yearUSD $ 452,401
Investment Income from current yearUSD $ 251,752
Other Revenue from prior yearUSD $ 2,210,265
Other Revenue from current yearUSD $ 2,454,826
Gross receipts from all sourcesUSD $ 47,136,071
Net assets / fund balances at end of fiscal yearUSD $ 55,450,318
Net assets / fund balances at beginning of fiscal yearUSD $ 49,792,859
Total liabilities at end of fiscal yearUSD $ 57,293,304
Total liabilities at beginning of fiscal yearUSD $ 54,077,200
Total assets at end of fiscal yearUSD $ 112,743,622
Total assets at beginning of fiscal yearUSD $ 103,870,059
Revenues less expenses for current yearUSD $ -421,828
Revenues less expenses for previous yearUSD $ -200,391
Total expenses for current yearUSD $ 47,557,899
Total expenses for previous yearUSD $ 47,162,119
Other expenses in current yearUSD $ 35,759,131
Other expenses in previous yearUSD $ 36,393,355
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,826,502
Employee salary and benefits paid in previous yearUSD $ 6,160,996
Benefits paid to or for members in current yearUSD $ 4,849,667
Benefits paid to or for members in previous yearUSD $ 4,467,331
Grants and similar amounts paid in current yearUSD $ 122,599
Grants and similar amounts paid in previous yearUSD $ 140,437
Total revenue in current fiscal yearUSD $ 47,136,071
Total revenue in previous fiscal yearUSD $ 46,961,728
Contributions and grants from current yearUSD $ 100,866
Contributions and grants from previous yearUSD $ 100,357
Total of other revenueUSD $ 2,254,587
2015-12-31
Total unrelated business incomeUSD $ 27
Net unrelated business incomeUSD $ -98
Program Service Revenue from prior yearUSD $ 43,708,639
Program Service Revenue from current yearUSD $ 44,198,705
Investment Income from prior yearUSD $ 443,820
Investment Income from current yearUSD $ 452,401
Other Revenue from prior yearUSD $ 2,199,079
Other Revenue from current yearUSD $ 2,210,265
Gross receipts from all sourcesUSD $ 46,961,728
Net assets / fund balances at end of fiscal yearUSD $ 49,792,859
Net assets / fund balances at beginning of fiscal yearUSD $ 47,293,622
Total liabilities at end of fiscal yearUSD $ 54,077,200
Total liabilities at beginning of fiscal yearUSD $ 56,227,040
Total assets at end of fiscal yearUSD $ 103,870,059
Total assets at beginning of fiscal yearUSD $ 103,520,662
Revenues less expenses for current yearUSD $ -200,391
Revenues less expenses for previous yearUSD $ 86,980
Total expenses for current yearUSD $ 47,162,119
Total expenses for previous yearUSD $ 46,374,359
Other expenses in current yearUSD $ 36,393,355
Other expenses in previous yearUSD $ 36,135,561
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,160,996
Employee salary and benefits paid in previous yearUSD $ 6,044,994
Benefits paid to or for members in current yearUSD $ 4,467,331
Benefits paid to or for members in previous yearUSD $ 4,107,917
Grants and similar amounts paid in current yearUSD $ 140,437
Grants and similar amounts paid in previous yearUSD $ 85,887
Total revenue in current fiscal yearUSD $ 46,961,728
Total revenue in previous fiscal yearUSD $ 46,461,339
Contributions and grants from current yearUSD $ 100,357
Contributions and grants from previous yearUSD $ 109,801
Total of other revenueUSD $ 2,007,963
2014-12-31
Total unrelated business incomeUSD $ 69
Net unrelated business incomeUSD $ -431
Program Service Revenue from prior yearUSD $ 41,671,474
Program Service Revenue from current yearUSD $ 43,708,639
Investment Income from prior yearUSD $ 394,194
Investment Income from current yearUSD $ 443,820
Other Revenue from prior yearUSD $ 5,645,494
Other Revenue from current yearUSD $ 2,199,079
Gross receipts from all sourcesUSD $ 46,491,593
Net assets / fund balances at end of fiscal yearUSD $ 47,293,622
Net assets / fund balances at beginning of fiscal yearUSD $ 43,831,695
Total liabilities at end of fiscal yearUSD $ 56,227,040
Total liabilities at beginning of fiscal yearUSD $ 53,451,422
Total assets at end of fiscal yearUSD $ 103,520,662
Total assets at beginning of fiscal yearUSD $ 97,283,117
Revenues less expenses for current yearUSD $ 86,980
Revenues less expenses for previous yearUSD $ 396,882
Total expenses for current yearUSD $ 46,374,359
Total expenses for previous yearUSD $ 47,409,306
Other expenses in current yearUSD $ 36,135,561
Other expenses in previous yearUSD $ 35,383,265
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,044,994
Employee salary and benefits paid in previous yearUSD $ 5,799,592
Benefits paid to or for members in current yearUSD $ 4,107,917
Benefits paid to or for members in previous yearUSD $ 6,163,166
Grants and similar amounts paid in current yearUSD $ 85,887
Grants and similar amounts paid in previous yearUSD $ 63,283
Total revenue in current fiscal yearUSD $ 46,461,339
Total revenue in previous fiscal yearUSD $ 47,806,188
Contributions and grants from current yearUSD $ 109,801
Contributions and grants from previous yearUSD $ 95,026
Total of other revenueUSD $ 2,000,529

Other Company Names associated with EIN

PEE DEE ELECTRIC MEMBERSHIP CORP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560123345

USA Mailing Address
575 US HIGHWAY 52 SOUTH
WADESBORO
NC
28170
Date first seen: 2007-01-01
Date last seen: 2024-09-30
USA Mailing Address
9825 US HIGHWAY 74 EAST
LILESVILLE
NC
28091
Date first seen: 2007-01-01
Date last seen: 2024-09-18

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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