Cause IQ organization profile

Brunswick Electric Membership Corporation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Brunswick Electric Membership Corporation is a public utility based in Shallotte, NC that was founded in 1939. As of 2019 they had $197 million in revenue and $429 million in assets.

EIN:
56-0154512
City:
State:
Metro:
Website:
Founded:
1939
Type:
501(c)(12)
NTEE:
Revenue:
$197,760,441
Assets:
$429,154,883
Employees:
184
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Brunswick Electric Membership Corporation

Distribution of electricity to members, which includes the purchase of electric power from suppliers, transmission operations and maintenance, distribution operations and maintenance, customer accounting, customer service, marketing, general administration, and minor non-operating activities.

Operation, maintenance and construction of electric distribution lines for (1) the Military Ocean Terminal Sunny Point, under the terms of a long-term contract with the United States Government, and (2) the City of Southport, NC.

Patronage dividends paid to members' accounts. See Part IX, line 4, "Benefits paid to or for members", per IRS instructions.

Form 990s for Brunswick Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 19, 2020990OView PDF
2017-12Feb 21, 2019990View PDF
2016-12Sep 19, 2017990OView PDF
2015-12Apr 11, 2017990OView PDF
2014-12Jan 21, 2016990OView PDF
...and five more Form 990 PDFs

Financials for Brunswick Electric Membership Corporation

Field2018
Total grants, contributions, etc.$620,310
Program services$196,071,637
Investment income and dividends$797,736
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$105,922
Net gain from sale of non-inventory assets$15,941
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$148,895
Total revenues$197,760,441

Vendors for Brunswick Electric Membership Corporation

VendorServicesAmount paidDate
DrupalContent management system software2020-03-04
█████ ███████ ████████ ██Tax accounting; Audit accounting2020-02-19
████ ████████ ███Utility Line Cosnt$692,0622018-12-01
██████ █████████ ███Utility Line Construction$1,231,2862018-12-01
███ ██████████Utility Line Construction$8,508,4962018-12-01
███ █████ ███████████Right of Way Maintenance$2,503,7352018-12-01
████ █████████ ████████████ ███Utility Line Construction$623,2812018-12-01

Personnel at Brunswick Electric Membership Corporation

NameTitleCompensationMost recent data
Lewis ShawVice President, Operations and Engineering$191,246Jan. 2, 2020
David ReelVice President, Technology-Jan. 2, 2020
██████ ██ ███████Ceoi General Manager$137,428Jan. 2, 2020
█████ ████Director of Human Resources-Jan. 2, 2020
██████ █████████Director-Jan. 2, 2020
████ ███████Director of Corp Safety, Loss Control-Jan. 2, 2020
███████ █████████Manager of Operations Administration-Jan. 2, 2020
█████ █████Manager of Information Systems$151,417Jan. 2, 2020
█████ █████Manager of Customer Service$165,070Jan. 2, 2020
████ █ ████President$61,095Dec. 31, 2017
...and three more key personnel

Peer public utilities

 NameTypeRevenueLocation
1Tideland Electric Membership Corporation501(c)(12)$50 millionPantego, NC
2Pee Dee Electric Membership Corporation501(c)(12)$49 millionWadesboro, NC
3Piedmont Electric Membership Corporation501(c)(12)$66 millionHillsborough, NC
4Carteret-Craven Electric Cooperative501(c)(12)$72 millionNewport, NC
5Central Electric Membership Corporation501(c)(12)$56 millionSanford, NC
6Jones-Onslow Electric Membership Corporation (JOEMC)501(c)(12)$156 millionJacksonville, NC
7Union Power Cooperative501(c)(12)$170 millionMonroe, NC
8Rutherford Electric Membership Corporation501(c)(12)$141 millionForest City, NC
9Blue Ridge Electric Membership Corporation501(c)(12)$158 millionLenoir, NC
10South Central Power Company501(c)(12)$338 millionLancaster, OH
11Salt River Electric Cooperative501(c)(12)$114 millionBardstown, KY
12Santee Electric Cooperative501(c)(12)$142 millionKingstree, SC
13Dairyland Power Cooperative501(c)(12)$482 millionLa Crosse, WI
14Johnson County REMC501(c)(12)$62 millionFranklin, IN
15Nolin Rural Electric Cooperative Corp501(c)(12)$84 millionElizabethtown, KY
16Adams Electric Cooperative501(c)(12)$64 millionGettysburg, PA
17Mid-South Synergy501(c)(12)$87 millionNavasota, TX
18Central Texas Electric Cooperative501(c)(12)$69 millionFredericksburg, TX
19Co-Mo Electric Cooperative501(c)(12)$51 millionTipton, MO
20East Mississippi Electric Power Association501(c)(12)$88 millionMeridian, MS
21Connexus Energy501(c)(12)$280 millionRamsey, MN
22Delaware Electric Cooperative501(c)(12)$178 millionGreenwood, DE
23Southern Illinois Power Cooperative501(c)(12)$206 millionMarion, IL
24Southwest Arkansas Electric Cooperative Corporation501(c)(12)$66 millionTexarkana, TX
25Southwest Louisiana Electric Membership Corporation501(c)(12)$237 millionLafayette, LA