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Employer Identification Number 56-0160075

BLUE RIDGE 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:BLUE RIDGE ELECTRIC MEMBERSHIP CORPORATION
Employer identification number (EIN):56-0160075
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration BLUE RIDGE ELECTRIC MEMBERSHIP CORPORATION 401k plan information
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 Blue Ridge EMC
Number of Employees179
Year Formed1936

Organization Governance

Legal DomicileNC
Voting Members - Governing Body12
Voting Members - Independent12

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 81,888
Net unrelated business incomeUSD $ 530,666
Program Service Revenue from prior yearUSD $ 140,072,042
Program Service Revenue from current yearUSD $ 146,312,463
Investment Income from prior yearUSD $ 208
Investment Income from current yearUSD $ -1,552,372
Other Revenue from prior yearUSD $ 7,454,152
Other Revenue from current yearUSD $ 9,013,899
Gross receipts from all sourcesUSD $ 165,840,131
Net assets / fund balances at end of fiscal yearUSD $ 200,714,016
Net assets / fund balances at beginning of fiscal yearUSD $ 196,473,687
Total liabilities at end of fiscal yearUSD $ 293,156,188
Total liabilities at beginning of fiscal yearUSD $ 313,951,414
Total assets at end of fiscal yearUSD $ 493,870,204
Total assets at beginning of fiscal yearUSD $ 510,425,101
Revenues less expenses for current yearUSD $ 6,217,417
Revenues less expenses for previous yearUSD $ 1,637,382
Total expenses for current yearUSD $ 155,745,368
Total expenses for previous yearUSD $ 145,889,020
Other expenses in current yearUSD $ 115,906,139
Other expenses in previous yearUSD $ 105,713,518
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 28,908,536
Employee salary and benefits paid in previous yearUSD $ 27,300,705
Benefits paid to or for members in current yearUSD $ 10,900,476
Benefits paid to or for members in previous yearUSD $ 12,845,476
Grants and similar amounts paid in current yearUSD $ 30,217
Grants and similar amounts paid in previous yearUSD $ 29,321
Total revenue in current fiscal yearUSD $ 161,962,785
Total revenue in previous fiscal yearUSD $ 147,526,402
Contributions and grants from current yearUSD $ 8,188,795
Cost of goods soldUSD $ 209,703
Gross sales of inventory assetsUSD $ 242,923
Total of other revenueUSD $ 6,568,909
2022-12-31
Total unrelated business incomeUSD $ 31,675
Net unrelated business incomeUSD $ 301,556
Program Service Revenue from prior yearUSD $ 136,839,826
Program Service Revenue from current yearUSD $ 140,072,042
Investment Income from prior yearUSD $ 582,267
Investment Income from current yearUSD $ 208
Other Revenue from prior yearUSD $ 5,723,143
Other Revenue from current yearUSD $ 7,454,152
Gross receipts from all sourcesUSD $ 149,035,051
Net assets / fund balances at end of fiscal yearUSD $ 196,473,687
Net assets / fund balances at beginning of fiscal yearUSD $ 188,024,047
Total liabilities at end of fiscal yearUSD $ 313,951,414
Total liabilities at beginning of fiscal yearUSD $ 285,716,343
Total assets at end of fiscal yearUSD $ 510,425,101
Total assets at beginning of fiscal yearUSD $ 473,740,390
Revenues less expenses for current yearUSD $ 1,637,382
Revenues less expenses for previous yearUSD $ 442,669
Total expenses for current yearUSD $ 145,889,020
Total expenses for previous yearUSD $ 142,702,567
Other expenses in current yearUSD $ 105,713,518
Other expenses in previous yearUSD $ 107,252,676
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 27,300,705
Employee salary and benefits paid in previous yearUSD $ 25,323,482
Benefits paid to or for members in current yearUSD $ 12,845,476
Benefits paid to or for members in previous yearUSD $ 10,098,562
Grants and similar amounts paid in current yearUSD $ 29,321
Grants and similar amounts paid in previous yearUSD $ 27,847
Total revenue in current fiscal yearUSD $ 147,526,402
Total revenue in previous fiscal yearUSD $ 143,145,236
Contributions and grants from current yearUSD $ 0
Cost of goods soldUSD $ 259,172
Gross sales of inventory assetsUSD $ 260,979
Total of other revenueUSD $ 5,538,310
2021-12-31
Total unrelated business incomeUSD $ 25,848
Net unrelated business incomeUSD $ 334,095
Program Service Revenue from prior yearUSD $ 142,299,135
Program Service Revenue from current yearUSD $ 136,839,826
Investment Income from prior yearUSD $ 1,299,917
Investment Income from current yearUSD $ 582,267
Other Revenue from prior yearUSD $ 4,676,319
Other Revenue from current yearUSD $ 5,723,143
Gross receipts from all sourcesUSD $ 144,169,709
Net assets / fund balances at end of fiscal yearUSD $ 188,024,047
Net assets / fund balances at beginning of fiscal yearUSD $ 183,300,194
Total liabilities at end of fiscal yearUSD $ 285,716,343
Total liabilities at beginning of fiscal yearUSD $ 275,219,189
Total assets at end of fiscal yearUSD $ 473,740,390
Total assets at beginning of fiscal yearUSD $ 458,519,383
Revenues less expenses for current yearUSD $ 442,669
Revenues less expenses for previous yearUSD $ 372,671
Total expenses for current yearUSD $ 142,702,567
Total expenses for previous yearUSD $ 147,908,235
Other expenses in current yearUSD $ 107,252,676
Other expenses in previous yearUSD $ 110,026,934
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 25,323,482
Employee salary and benefits paid in previous yearUSD $ 26,969,144
Benefits paid to or for members in current yearUSD $ 10,098,562
Benefits paid to or for members in previous yearUSD $ 10,885,190
Grants and similar amounts paid in current yearUSD $ 27,847
Grants and similar amounts paid in previous yearUSD $ 26,967
Total revenue in current fiscal yearUSD $ 143,145,236
Total revenue in previous fiscal yearUSD $ 148,280,906
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 5,535
Cost of goods soldUSD $ 184,027
Gross sales of inventory assetsUSD $ 180,007
Total of other revenueUSD $ 3,639,449
2020-12-31
Total unrelated business incomeUSD $ 39,279
Net unrelated business incomeUSD $ 218,539
Program Service Revenue from prior yearUSD $ 135,849,471
Program Service Revenue from current yearUSD $ 142,299,135
Investment Income from prior yearUSD $ 2,913,115
Investment Income from current yearUSD $ 1,299,917
Other Revenue from prior yearUSD $ 5,171,607
Other Revenue from current yearUSD $ 4,676,319
Gross receipts from all sourcesUSD $ 149,182,588
Net assets / fund balances at end of fiscal yearUSD $ 183,300,194
Net assets / fund balances at beginning of fiscal yearUSD $ 178,473,207
Total liabilities at end of fiscal yearUSD $ 275,219,189
Total liabilities at beginning of fiscal yearUSD $ 263,012,425
Total assets at end of fiscal yearUSD $ 458,519,383
Total assets at beginning of fiscal yearUSD $ 441,485,632
Revenues less expenses for current yearUSD $ 372,671
Revenues less expenses for previous yearUSD $ 562,457
Total expenses for current yearUSD $ 147,908,235
Total expenses for previous yearUSD $ 143,371,736
Other expenses in current yearUSD $ 110,026,934
Other expenses in previous yearUSD $ 108,663,059
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 26,969,144
Employee salary and benefits paid in previous yearUSD $ 24,676,864
Benefits paid to or for members in current yearUSD $ 10,885,190
Benefits paid to or for members in previous yearUSD $ 10,007,313
Grants and similar amounts paid in current yearUSD $ 26,967
Grants and similar amounts paid in previous yearUSD $ 24,500
Total revenue in current fiscal yearUSD $ 148,280,906
Total revenue in previous fiscal yearUSD $ 143,934,193
Contributions and grants from current yearUSD $ 5,535
Gross sales of inventory assetsUSD $ 10,045
Total of other revenueUSD $ 2,788,849
2019-12-31
Total unrelated business incomeUSD $ 32,632
Net unrelated business incomeUSD $ 163,682
Program Service Revenue from prior yearUSD $ 147,622,242
Program Service Revenue from current yearUSD $ 135,849,471
Investment Income from prior yearUSD $ 2,447,897
Investment Income from current yearUSD $ 2,913,115
Other Revenue from prior yearUSD $ 8,633,378
Other Revenue from current yearUSD $ 5,171,607
Gross receipts from all sourcesUSD $ 147,451,843
Net assets / fund balances at end of fiscal yearUSD $ 178,473,207
Net assets / fund balances at beginning of fiscal yearUSD $ 174,776,763
Total liabilities at end of fiscal yearUSD $ 263,012,425
Total liabilities at beginning of fiscal yearUSD $ 254,446,739
Total assets at end of fiscal yearUSD $ 441,485,632
Total assets at beginning of fiscal yearUSD $ 429,223,502
Revenues less expenses for current yearUSD $ 562,457
Revenues less expenses for previous yearUSD $ 3,443,804
Total expenses for current yearUSD $ 143,371,736
Total expenses for previous yearUSD $ 155,259,713
Other expenses in current yearUSD $ 108,663,059
Other expenses in previous yearUSD $ 122,649,043
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 24,676,864
Employee salary and benefits paid in previous yearUSD $ 21,551,239
Benefits paid to or for members in current yearUSD $ 10,007,313
Benefits paid to or for members in previous yearUSD $ 11,035,267
Grants and similar amounts paid in current yearUSD $ 24,500
Grants and similar amounts paid in previous yearUSD $ 24,164
Total revenue in current fiscal yearUSD $ 143,934,193
Total revenue in previous fiscal yearUSD $ 158,703,517
Contributions and grants from current yearUSD $ 0
Gross sales of inventory assetsUSD $ 4,196
Total of other revenueUSD $ 3,591,794
2018-12-31
Total unrelated business incomeUSD $ 404,489
Net unrelated business incomeUSD $ 340,542
Program Service Revenue from prior yearUSD $ 136,238,264
Program Service Revenue from current yearUSD $ 147,622,242
Investment Income from prior yearUSD $ 2,284,306
Investment Income from current yearUSD $ 2,447,897
Other Revenue from prior yearUSD $ 4,939,210
Other Revenue from current yearUSD $ 8,633,378
Gross receipts from all sourcesUSD $ 159,519,868
Net assets / fund balances at end of fiscal yearUSD $ 174,776,763
Net assets / fund balances at beginning of fiscal yearUSD $ 167,872,023
Total liabilities at end of fiscal yearUSD $ 254,446,739
Total liabilities at beginning of fiscal yearUSD $ 242,017,658
Total assets at end of fiscal yearUSD $ 429,223,502
Total assets at beginning of fiscal yearUSD $ 409,889,681
Revenues less expenses for current yearUSD $ 3,443,804
Revenues less expenses for previous yearUSD $ 97,614
Total expenses for current yearUSD $ 155,259,713
Total expenses for previous yearUSD $ 143,364,166
Other expenses in current yearUSD $ 122,649,043
Other expenses in previous yearUSD $ 111,635,652
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 21,551,239
Employee salary and benefits paid in previous yearUSD $ 20,382,135
Benefits paid to or for members in current yearUSD $ 11,035,267
Benefits paid to or for members in previous yearUSD $ 11,297,686
Grants and similar amounts paid in current yearUSD $ 24,164
Grants and similar amounts paid in previous yearUSD $ 48,693
Total revenue in current fiscal yearUSD $ 158,703,517
Total revenue in previous fiscal yearUSD $ 143,461,780
Contributions and grants from current yearUSD $ 0
Gross sales of inventory assetsUSD $ 5,703
Total of other revenueUSD $ 6,200,209
2017-12-31
Total unrelated business incomeUSD $ 459,405
Net unrelated business incomeUSD $ 313,007
Program Service Revenue from prior yearUSD $ 122,637,092
Program Service Revenue from current yearUSD $ 136,238,264
Investment Income from prior yearUSD $ 2,247,974
Investment Income from current yearUSD $ 2,284,306
Other Revenue from prior yearUSD $ 5,826,302
Other Revenue from current yearUSD $ 4,939,210
Gross receipts from all sourcesUSD $ 144,035,296
Net assets / fund balances at end of fiscal yearUSD $ 167,872,023
Net assets / fund balances at beginning of fiscal yearUSD $ 161,922,556
Total liabilities at end of fiscal yearUSD $ 242,017,658
Total liabilities at beginning of fiscal yearUSD $ 231,304,232
Total assets at end of fiscal yearUSD $ 409,889,681
Total assets at beginning of fiscal yearUSD $ 393,226,788
Revenues less expenses for current yearUSD $ 97,614
Revenues less expenses for previous yearUSD $ -438,037
Total expenses for current yearUSD $ 143,364,166
Total expenses for previous yearUSD $ 131,149,405
Other expenses in current yearUSD $ 111,635,652
Other expenses in previous yearUSD $ 102,842,992
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,382,135
Employee salary and benefits paid in previous yearUSD $ 19,218,457
Benefits paid to or for members in current yearUSD $ 11,297,686
Benefits paid to or for members in previous yearUSD $ 9,064,456
Grants and similar amounts paid in current yearUSD $ 48,693
Grants and similar amounts paid in previous yearUSD $ 23,500
Total revenue in current fiscal yearUSD $ 143,461,780
Total revenue in previous fiscal yearUSD $ 130,711,368
Contributions and grants from current yearUSD $ 0
Gross sales of inventory assetsUSD $ 22,107
Total of other revenueUSD $ 2,254,886
2015-12-31
Total unrelated business incomeUSD $ 308,230
Net unrelated business incomeUSD $ 265,364
Program Service Revenue from prior yearUSD $ 141,301,695
Program Service Revenue from current yearUSD $ 136,037,341
Investment Income from prior yearUSD $ 2,011,499
Investment Income from current yearUSD $ 2,061,859
Other Revenue from prior yearUSD $ 4,952,376
Other Revenue from current yearUSD $ 6,538,192
Gross receipts from all sourcesUSD $ 144,896,943
Net assets / fund balances at end of fiscal yearUSD $ 158,757,052
Net assets / fund balances at beginning of fiscal yearUSD $ 152,366,653
Total liabilities at end of fiscal yearUSD $ 230,379,118
Total liabilities at beginning of fiscal yearUSD $ 226,814,518
Total assets at end of fiscal yearUSD $ 389,136,170
Total assets at beginning of fiscal yearUSD $ 379,181,171
Revenues less expenses for current yearUSD $ 1,086,535
Revenues less expenses for previous yearUSD $ 293,295
Total expenses for current yearUSD $ 143,550,857
Total expenses for previous yearUSD $ 147,972,275
Other expenses in current yearUSD $ 113,371,126
Other expenses in previous yearUSD $ 117,983,903
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,798,824
Employee salary and benefits paid in previous yearUSD $ 18,682,453
Benefits paid to or for members in current yearUSD $ 11,307,907
Benefits paid to or for members in previous yearUSD $ 11,186,419
Grants and similar amounts paid in current yearUSD $ 73,000
Grants and similar amounts paid in previous yearUSD $ 119,500
Total revenue in current fiscal yearUSD $ 144,637,392
Total revenue in previous fiscal yearUSD $ 148,265,570
Contributions and grants from current yearUSD $ 0
Cost of goods soldUSD $ 46,903
Gross sales of inventory assetsUSD $ 50,090
Total of other revenueUSD $ 3,990,417

Other Company Names associated with EIN

BLUE RIDGE ELECTRIC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560160075

USA Mailing Address
1216 BLOWING ROCK BOULEVARD
PO BOX 112
LENOIR
NC
28645
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

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

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