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nonprofit · EIN 56-0995910 · NC

How much does NORTH CAROLINA ELECTRIC MEMBERSHIP raise and spend?

NORTH CAROLINA ELECTRIC MEMBERSHIP (NC, EIN 56-0995910) reported $1.4B in revenue and $1.4B in expenses for tax year 2025, with $450.2M in net assets (3.9 months of reserves). By expenses that ranks 93 of 253,823 e-filers, 1 of 2,164 in NTEE Y: Mutual & Membership Benefit, 3 of 7,513 nonprofits in north carolina.

REVENUE: $1.4BEXPENSES: $1.4BRESERVES: 3.9 months8 filings

Cite: FACTANKER, https://factanker.com/nonprofit/560995910-north-carolina-electric-membership

What stands out

NORTH CAROLINA ELECTRIC MEMBERSHIP (NC, EIN 56-0995910) reported $1.4B in revenue and $1.4B in expenses for tax year 2025, with $450.2M in net assets (3.9 months of reserves). By expenses that ranks 93 of 253,823 e-filers, 1 of 2,164 in NTEE Y: Mutual & Membership Benefit, 3 of 7,513 nonprofits in north carolina. Against NTEE Y: Mutual & Membership Benefit: months of reserves 3.9 months, below the peer median of 33.3 months; officer compensation share of expenses 0.6%, above the peer median of 0.6%; contributions share of revenue 0.0%, below the peer median of 0.5%; surplus margin 2.1%, below the peer median of 10.4%.

Key figures, tax year 2025

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.

Measure2025Median, activityMedian, sizeMedian, all
Total revenue$1.4B$155.1k$224.2M$180.0k
Total expenses$1.4B$125.6k$212.7M$163.2k
Total assets$2.4B$1.2M$290.4M$758.3k
Net assets$450.2M$1.0M$160.2M$630.1k
Officer compensation (total per organisation)$8.8M$21.1k$2.3M$118.6k
Program service revenue share98.1%46.3%88.1%14.7%
Contributions share of revenue0.0%0.5%3.2%51.4%
Officer compensation share of expenses0.6%0.6%1.0%6.2%
Months of reserves3.9 months33.3 months8.7 months12.7 months
Surplus margin2.1%10.4%2.4%4.7%

Year by year

8 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2025$1.4B$1.4B$450.2M3.9 months$8.8M93
2024$1.3B$1.2B$420.4M4.1 months$6.3M246
2023$1.2B$1.1B$389.5M4.1 months$7.1M449
2022$1.2B$1.2B$360.2M3.5 months$5.3M394
2021$1.2B$1.1B$322.2M3.4 months$9.1M213
2020$1.1B$1.1B$288.8M3.2 months$5.6M377
2019$1.2B$1.2B$259.4M2.6 months$6.7M300
2018$1.2B$1.2B$262.9M2.7 months$4.8M278

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