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Employer Identification Number 56-0193499

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

Company Name:HAYWOOD ELECTRIC MEMBERSHIP CORP
Employer identification number (EIN):56-0193499
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration HAYWOOD ELECTRIC MEMBERSHIP CORP 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

Organization Overview

Mission StatementTO 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.
Number of Employees78
Year Formed1938

Organization Governance

Legal DomicileNC
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 51,715,143
Program Service Revenue from current yearUSD $ 53,581,217
Investment Income from prior yearUSD $ 274,882
Investment Income from current yearUSD $ 481,296
Other Revenue from prior yearUSD $ 2,790
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 54,062,513
Net assets / fund balances at end of fiscal yearUSD $ 60,311,308
Net assets / fund balances at beginning of fiscal yearUSD $ 56,346,920
Total liabilities at end of fiscal yearUSD $ 109,625,518
Total liabilities at beginning of fiscal yearUSD $ 113,584,119
Total assets at end of fiscal yearUSD $ 169,936,826
Total assets at beginning of fiscal yearUSD $ 169,931,039
Revenues less expenses for current yearUSD $ 633,413
Revenues less expenses for previous yearUSD $ 1,221,002
Total expenses for current yearUSD $ 53,429,100
Total expenses for previous yearUSD $ 50,771,813
Other expenses in current yearUSD $ 49,256,658
Other expenses in previous yearUSD $ 46,848,238
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 581,602
Employee salary and benefits paid in previous yearUSD $ 724,867
Benefits paid to or for members in current yearUSD $ 3,590,840
Benefits paid to or for members in previous yearUSD $ 3,198,708
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 54,062,513
Total revenue in previous fiscal yearUSD $ 51,992,815
Contributions and grants from current yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 47,270,171
Program Service Revenue from current yearUSD $ 51,715,143
Investment Income from prior yearUSD $ 90,241
Investment Income from current yearUSD $ 274,882
Other Revenue from prior yearUSD $ 984
Other Revenue from current yearUSD $ 2,790
Gross receipts from all sourcesUSD $ 51,996,858
Net assets / fund balances at end of fiscal yearUSD $ 56,346,920
Net assets / fund balances at beginning of fiscal yearUSD $ 52,090,619
Total liabilities at end of fiscal yearUSD $ 113,584,119
Total liabilities at beginning of fiscal yearUSD $ 110,987,742
Total assets at end of fiscal yearUSD $ 169,931,039
Total assets at beginning of fiscal yearUSD $ 163,078,361
Revenues less expenses for current yearUSD $ 1,221,002
Revenues less expenses for previous yearUSD $ -34,701
Total expenses for current yearUSD $ 50,771,813
Total expenses for previous yearUSD $ 47,396,097
Other expenses in current yearUSD $ 46,848,238
Other expenses in previous yearUSD $ 43,947,371
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 724,867
Employee salary and benefits paid in previous yearUSD $ 469,787
Benefits paid to or for members in current yearUSD $ 3,198,708
Benefits paid to or for members in previous yearUSD $ 2,978,939
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 51,992,815
Total revenue in previous fiscal yearUSD $ 47,361,396
Contributions and grants from current yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 44,208,484
Program Service Revenue from current yearUSD $ 47,270,171
Investment Income from prior yearUSD $ 157,796
Investment Income from current yearUSD $ 90,241
Other Revenue from prior yearUSD $ 648
Other Revenue from current yearUSD $ 984
Gross receipts from all sourcesUSD $ 47,369,968
Net assets / fund balances at end of fiscal yearUSD $ 52,090,619
Net assets / fund balances at beginning of fiscal yearUSD $ 49,329,530
Total liabilities at end of fiscal yearUSD $ 110,987,742
Total liabilities at beginning of fiscal yearUSD $ 114,643,065
Total assets at end of fiscal yearUSD $ 163,078,361
Total assets at beginning of fiscal yearUSD $ 163,972,595
Revenues less expenses for current yearUSD $ -34,701
Revenues less expenses for previous yearUSD $ 239,189
Total expenses for current yearUSD $ 47,396,097
Total expenses for previous yearUSD $ 44,127,739
Other expenses in current yearUSD $ 43,947,371
Other expenses in previous yearUSD $ 42,066,958
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 469,787
Employee salary and benefits paid in previous yearUSD $ 459,381
Benefits paid to or for members in current yearUSD $ 2,978,939
Benefits paid to or for members in previous yearUSD $ 1,601,400
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 47,361,396
Total revenue in previous fiscal yearUSD $ 44,366,928
Contributions and grants from current yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 43,518,134
Program Service Revenue from current yearUSD $ 44,208,484
Investment Income from prior yearUSD $ 219,753
Investment Income from current yearUSD $ 157,796
Other Revenue from prior yearUSD $ 3,240
Other Revenue from current yearUSD $ 648
Gross receipts from all sourcesUSD $ 44,373,480
Net assets / fund balances at end of fiscal yearUSD $ 49,329,530
Net assets / fund balances at beginning of fiscal yearUSD $ 48,573,773
Total liabilities at end of fiscal yearUSD $ 114,643,065
Total liabilities at beginning of fiscal yearUSD $ 102,276,550
Total assets at end of fiscal yearUSD $ 163,972,595
Total assets at beginning of fiscal yearUSD $ 150,850,323
Revenues less expenses for current yearUSD $ 239,189
Revenues less expenses for previous yearUSD $ 341,664
Total expenses for current yearUSD $ 44,127,739
Total expenses for previous yearUSD $ 43,399,463
Other expenses in current yearUSD $ 42,066,958
Other expenses in previous yearUSD $ 40,870,437
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 459,381
Employee salary and benefits paid in previous yearUSD $ 540,079
Benefits paid to or for members in current yearUSD $ 1,601,400
Benefits paid to or for members in previous yearUSD $ 1,988,947
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 44,366,928
Total revenue in previous fiscal yearUSD $ 43,741,127
Contributions and grants from current yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 45,239,918
Program Service Revenue from current yearUSD $ 43,518,134
Investment Income from prior yearUSD $ 152,497
Investment Income from current yearUSD $ 219,753
Other Revenue from prior yearUSD $ 5,753
Other Revenue from current yearUSD $ 3,240
Gross receipts from all sourcesUSD $ 43,747,098
Net assets / fund balances at end of fiscal yearUSD $ 48,573,773
Net assets / fund balances at beginning of fiscal yearUSD $ 48,007,973
Total liabilities at end of fiscal yearUSD $ 102,276,550
Total liabilities at beginning of fiscal yearUSD $ 106,189,216
Total assets at end of fiscal yearUSD $ 150,850,323
Total assets at beginning of fiscal yearUSD $ 154,197,189
Revenues less expenses for current yearUSD $ 341,664
Revenues less expenses for previous yearUSD $ 225,102
Total expenses for current yearUSD $ 43,399,463
Total expenses for previous yearUSD $ 45,173,066
Other expenses in current yearUSD $ 40,870,437
Other expenses in previous yearUSD $ 42,782,102
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 540,079
Employee salary and benefits paid in previous yearUSD $ 491,403
Benefits paid to or for members in current yearUSD $ 1,988,947
Benefits paid to or for members in previous yearUSD $ 1,899,561
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 43,741,127
Total revenue in previous fiscal yearUSD $ 45,398,168
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 42,414,307
Program Service Revenue from current yearUSD $ 45,239,918
Investment Income from prior yearUSD $ 85,023
Investment Income from current yearUSD $ 152,497
Other Revenue from prior yearUSD $ 3,470
Other Revenue from current yearUSD $ 5,753
Gross receipts from all sourcesUSD $ 45,402,015
Net assets / fund balances at end of fiscal yearUSD $ 48,007,973
Net assets / fund balances at beginning of fiscal yearUSD $ 47,528,740
Total liabilities at end of fiscal yearUSD $ 106,189,216
Total liabilities at beginning of fiscal yearUSD $ 99,552,924
Total assets at end of fiscal yearUSD $ 154,197,189
Total assets at beginning of fiscal yearUSD $ 147,081,664
Revenues less expenses for current yearUSD $ 225,102
Revenues less expenses for previous yearUSD $ 180,185
Total expenses for current yearUSD $ 45,173,066
Total expenses for previous yearUSD $ 42,322,615
Other expenses in current yearUSD $ 42,782,102
Other expenses in previous yearUSD $ 40,961,100
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 491,403
Employee salary and benefits paid in previous yearUSD $ 439,190
Benefits paid to or for members in current yearUSD $ 1,899,561
Benefits paid to or for members in previous yearUSD $ 922,325
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 45,398,168
Total revenue in previous fiscal yearUSD $ 42,502,800
Contributions and grants from current yearUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 41,524,906
Program Service Revenue from current yearUSD $ 42,414,307
Investment Income from prior yearUSD $ 39,759
Investment Income from current yearUSD $ 85,023
Other Revenue from prior yearUSD $ 1,034
Other Revenue from current yearUSD $ 3,470
Gross receipts from all sourcesUSD $ 42,502,800
Net assets / fund balances at end of fiscal yearUSD $ 47,528,740
Net assets / fund balances at beginning of fiscal yearUSD $ 46,901,042
Total liabilities at end of fiscal yearUSD $ 99,552,924
Total liabilities at beginning of fiscal yearUSD $ 95,601,098
Total assets at end of fiscal yearUSD $ 147,081,664
Total assets at beginning of fiscal yearUSD $ 142,502,140
Revenues less expenses for current yearUSD $ 180,185
Revenues less expenses for previous yearUSD $ 85,322
Total expenses for current yearUSD $ 42,322,615
Total expenses for previous yearUSD $ 41,480,377
Other expenses in current yearUSD $ 40,961,100
Other expenses in previous yearUSD $ 39,325,206
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 439,190
Employee salary and benefits paid in previous yearUSD $ 431,837
Benefits paid to or for members in current yearUSD $ 922,325
Benefits paid to or for members in previous yearUSD $ 1,723,334
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 42,502,800
Total revenue in previous fiscal yearUSD $ 41,565,699
Contributions and grants from current yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 42,209,857
Program Service Revenue from current yearUSD $ 41,524,906
Investment Income from prior yearUSD $ 38,892
Investment Income from current yearUSD $ 39,759
Other Revenue from prior yearUSD $ -54,685
Other Revenue from current yearUSD $ 1,034
Gross receipts from all sourcesUSD $ 41,565,699
Net assets / fund balances at end of fiscal yearUSD $ 46,901,042
Net assets / fund balances at beginning of fiscal yearUSD $ 45,574,312
Total liabilities at end of fiscal yearUSD $ 95,601,098
Total liabilities at beginning of fiscal yearUSD $ 92,117,329
Total assets at end of fiscal yearUSD $ 142,502,140
Total assets at beginning of fiscal yearUSD $ 137,691,641
Revenues less expenses for current yearUSD $ 85,322
Revenues less expenses for previous yearUSD $ 170,334
Total expenses for current yearUSD $ 41,480,377
Total expenses for previous yearUSD $ 42,023,730
Other expenses in current yearUSD $ 39,325,206
Other expenses in previous yearUSD $ 40,667,523
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 431,837
Employee salary and benefits paid in previous yearUSD $ 419,459
Benefits paid to or for members in current yearUSD $ 1,723,334
Benefits paid to or for members in previous yearUSD $ 936,748
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,565,699
Total revenue in previous fiscal yearUSD $ 42,194,064
Contributions and grants from current yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 43,226,494
Program Service Revenue from current yearUSD $ 42,209,857
Investment Income from prior yearUSD $ 40,201
Investment Income from current yearUSD $ 38,892
Other Revenue from prior yearUSD $ -56,911
Other Revenue from current yearUSD $ -54,685
Gross receipts from all sourcesUSD $ 42,357,660
Net assets / fund balances at end of fiscal yearUSD $ 45,574,312
Net assets / fund balances at beginning of fiscal yearUSD $ 44,968,636
Total liabilities at end of fiscal yearUSD $ 92,117,329
Total liabilities at beginning of fiscal yearUSD $ 91,012,194
Total assets at end of fiscal yearUSD $ 137,691,641
Total assets at beginning of fiscal yearUSD $ 135,980,830
Revenues less expenses for current yearUSD $ 170,334
Revenues less expenses for previous yearUSD $ 178,795
Total expenses for current yearUSD $ 42,023,730
Total expenses for previous yearUSD $ 43,030,989
Other expenses in current yearUSD $ 40,667,523
Other expenses in previous yearUSD $ 40,892,598
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 419,459
Employee salary and benefits paid in previous yearUSD $ 397,217
Benefits paid to or for members in current yearUSD $ 936,748
Benefits paid to or for members in previous yearUSD $ 1,741,174
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 42,194,064
Total revenue in previous fiscal yearUSD $ 43,209,784
Contributions and grants from current yearUSD $ 0

Other Company Names associated with EIN

HAYWOOD ELECTRIC MEMBERSHIP CORPORATION
HAYWOOD ELECTRIC MEMBERSHIP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560193499

USA Mailing Address
376 GRINDSTONE ROAD
WAYNESVILLE
NC
28785
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Location Address
376 GRINDSTONE ROAD
WAYNESVILLE
NC
28785
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

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

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