EIN 56-0305124

Lumbee River Electric Membership Corporation

IRS 501(c) type
501(c)(12)
Num. employees
124
City
Pembroke
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Lumbee River Electric Membership Corporation is a corporation based in Pembroke, NC that provides safe and effective distribution of electricity to its members. Its three largest program services, as measured by expenses are the cost of power ($102,731,442), benefits paid to members ($14,838,195) and depreciation ($13,125,573).
Total revenues
$152,496,016
2022
Total expenses
$154,973,989
2022
Total assets
$369,886,144
2022
Num. employees
124
2022

Program areas at Lumbee River Electric Membership Corporation

Safe and effective distribution of electricity to the members of lremc. The three largest program services, as measured by expenses, were as follows: cost of power: 105,377,695 depreciation: 12,649,845 salaries: 9,170,670

Who funds Lumbee River Electric Membership Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$12,082

Personnel at Lumbee River Electric Membership Corporation

NameTitleCompensation
Randall JonesInterim President and Chief Executive Officer / Interim President / Retired President and Chief Executive Officer$234,374
John DysonChief Operating Officer$149,058
Daniel LeonardChief Financial Officer
Cynthia StilesVice President of Human Resources$122,604
Steven DavisVice President Info Technology / Vice President Information Technology$120,727
...and 17 more key personnel

Financials for Lumbee River Electric Membership Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$152,343,280
Investment income and dividends$576,175
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$105,020
Net gain from sale of non-inventory assets$19,503
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-20,894
Miscellaneous revenues$-527,068
Total revenues$152,496,016

Form 990s for Lumbee River Electric Membership Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-27990View PDF
2021-122022-11-15990View PDF
2020-122021-10-07990View PDF
2019-122021-06-25990View PDF
2018-122020-01-24990View PDF
...and 9 more Form 990s

Organizations like Lumbee River Electric Membership Corporation

OrganizationLocationRevenue
Central Electric Membership CorporationSanford, NC$57,299,071
Pee Dee Electric Membership CorporationLilesville, NC$50,616,077
Brunswick Electric Membership CorporationShallotte, NC$218,662,307
Corn Belt Power CooperativeHumboldt, IA$168,893,187
Pearl River Valley Electric Power AssociationColumbia, MS$139,698,915
Johnson County Rural Electric Membership Corporation (JCREMC)Franklin, IN$70,521,868
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Duck River Electric Membership CorporationShelbyville, TN$235,445,434
Hilco Electric CooperativeItasca, TX$102,294,188
Consumers PowerPhilomath, OR$47,215,867
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 5 new personnel
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
Public policy
Characteristics
Management and technical assistance
General information
Address
6090 NC Hwy 711
Pembroke, NC 28372
County
Robeson County, NC
Website URL
lumbeeriver.com/ 
Phone
(910) 843-4131
IRS details
EIN
56-0305124
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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