nonprofit · EIN 56-0435549 · NC
How much does UNION ELECTRIC MEMBERSHIP CORP raise and spend?
UNION ELECTRIC MEMBERSHIP CORP (NC, EIN 56-0435549) reported $204.9M in revenue and $203.6M in expenses for tax year 2024, with $228.3M in net assets (13.5 months of reserves). By expenses that ranks 1,373 of 391,588 e-filers, 32 of 10,972 nonprofits in north carolina.
What stands out
UNION ELECTRIC MEMBERSHIP CORP (NC, EIN 56-0435549) reported $204.9M in revenue and $203.6M in expenses for tax year 2024, with $228.3M in net assets (13.5 months of reserves). By expenses that ranks 1,373 of 391,588 e-filers, 32 of 10,972 nonprofits in north carolina. Against nonprofits over $100M in expenses: months of reserves 13.5 months, above the peer median of 7.7 months; officer compensation share of expenses 1.2%, above the peer median of 0.9%; contributions share of revenue 0.0%, below the peer median of 0.8%; surplus margin 0.6%, below the peer median of 1.7%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $204.9M | — | $233.3M | $198.5k |
| Total expenses | $203.6M | — | $225.3M | $179.6k |
| Total assets | $512.0M | — | $306.0M | $761.5k |
| Net assets | $228.3M | — | $162.6M | $615.1k |
| Officer compensation (total per organisation) | $2.4M | — | $2.6M | $114.3k |
| Program service revenue share | 98.5% | — | 92.5% | 13.4% |
| Contributions share of revenue | 0.0% | — | 0.8% | 55.6% |
| Officer compensation share of expenses | 1.2% | — | 0.9% | 6.6% |
| Months of reserves | 13.5 months | — | 7.7 months | 12.4 months |
| Surplus margin | 0.6% | — | 1.7% | 4.3% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $204.9M | $203.6M | $228.3M | 13.5 months | $2.4M | 1,373 |
| 2023 | $183.3M | $183.4M | $216.3M | 14.2 months | $2.4M | 2,637 |
| 2022 | $177.6M | $172.4M | $205.5M | 14.3 months | $2.6M | 2,591 |
| 2021 | $164.6M | $165.4M | $198.6M | 14.4 months | $2.3M | 1,595 |
| 2020 | $163.9M | $164.6M | $188.4M | 13.7 months | $2.1M | 2,424 |
| 2019 | $172.6M | $167.0M | $176.3M | 12.7 months | $1.9M | 2,303 |
| 2018 | $170.8M | $171.2M | $166.2M | 11.6 months | $1.8M | 2,127 |
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