Dixie Electric Membership Corporation
501(c)(12)
Only null% goes to programs
Dixie Electric Membership Corporation is a 501(c)(12) organization based in Baton Rouge, Louisiana, registered in 1940, with $274,490,843 in FY2024 revenue. CharityIndex grades it A.
Po Box 15659, Baton Rouge, LA, 70895 EIN 72-0170797 Since 1940
Revenue (FY2024)
$274.5M
▲ 7.6% vs prior year
Expenses (FY2024)
$269.0M
Net assets
$122.8M
Employees
278
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Dixie Electric Membership Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dixie Electric Membership Corporation: 5 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Dixie Electric Membership Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dixie Electric Membership Corporation: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide quality and reliable electric service to members of the cooperative.
Contact & location
- Address
- Po Box 15659, Baton Rouge, LA, 70895
- City
- Baton Rouge
- State
- Louisiana
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $179.5M (FY2013) to $274.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $611.0MNet assets $122.8M
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$733.8M
Total liabilities
$611.0M
Net assets
$122.8M
Salaries & benefits
$30.7M
11% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $274,490,843▲7.6% | $269,003,922▲5.5% | $122,779,713▲2.6% | $733,768,271▲3.0% | 990 |
| 2023 | $255,138,584▼19.5% | $255,029,811▼17.4% | $119,675,136▲0.3% | $712,484,022▼3.4% | 990 |
| 2022 | $316,976,547▲32.5% | $308,931,133▲23.6% | $119,294,275▲7.5% | $737,870,324▲1.8% | 990 |
| 2021 | $239,155,259▲17.9% | $250,003,619▲22.3% | $111,012,601▼8.9% | $725,178,434▲11.1% | 990 |
| 2020 | $202,929,263▼4.9% | $204,442,677▼3.9% | $121,837,651▼1.1% | $652,819,146▲3.4% | 990 |
| 2019 | $213,360,066▼5.4% | $212,635,663▼5.3% | $123,217,022▲1.8% | $631,285,196▲0.3% | 990 |
| 2018 | $225,447,975▲8.1% | $224,603,902▲10.0% | $121,032,565▲5.4% | $629,454,342 | 990 |
| 2017 | $208,645,709 | $204,218,669▼0.4% | $114,814,260▲4.2% | $629,554,541▲0.1% | 990 |
| 2016 | $208,653,449▲0.7% | $205,127,331▲1.1% | $110,157,616▲3.5% | $628,971,874▲6.1% | 990 |
| 2015 | $207,181,624▼2.7% | $202,954,122▼1.0% | $106,400,394▲4.6% | $592,571,984▲1.9% | 990 |
| 2014 | $212,984,305▲18.6% | $205,099,101▲22.1% | $101,755,330▲8.4% | $581,252,559▲8.0% | 990 |
| 2013 | $179,525,967 | $167,931,508▼0.3% | $93,848,971▲14.0% | $538,073,723▲6.5% | 990 |
| 2012 | — | $168,377,225▲1.1% | $82,333,849▼0.8% | $505,283,317▲7.6% | 990 |
| 2011 | — | $166,522,788▲1.9% | $83,029,008▲6.7% | $469,667,273▲5.8% | 990 |
| 2010 | — | $163,358,806 | $77,803,011 | $444,096,550 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Randall Pierce — $493,833 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Randall Pierce | General Manager/chief Exec | 50 | $493,833 |
| Jeffrey Andry | Chief Strategy & Regulatory Officer | 45 | $241,564 |
| Peggy Maranan | Chief Financial Officer | 50 | $225,634 |
| Mark Phillips | Chief Engineering & Operations Officer | 45 | $206,399 |
| Pearl Overhultz | Chief Corporate Services O | 40 | $178,982 |
| Matt Gibson | Director of Engineering | 40 | $177,350 |
| Trent Bigner | Director of Operations | 42 | $165,014 |
| Joshua Prestridge | Crew Leader, District Line Operations | 54 | $162,767 |
| Brian Merritt | Serviceman, District Line Operations | 51 | $162,180 |
| Cody Glascock | District Manager, District Line Operations | 50 | $161,889 |
| Galen Dunbar | Chief Member Services Officer | 41 | $159,734 |
| Leslie Falks | Director | 4.8 | $40,995 |
| Daniel Berthelot | President | 6.2 | $38,975 |
| Richard Sitman | Director | 6 | $38,595 |
| Randy Lorio | Vice President | 4.5 | $35,933 |
| Steve Irving | Director | 2.7 | $33,795 |
| Edward Delee | Director | 2.8 | $32,362 |
| Jill Mcgraw | Director | 4.8 | $22,381 |
| Tresa Byrd | Director | 4.5 | $20,564 |
| Elinda Taillon | Director | 3.8 | $19,814 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Stuart Irby Co | Electrical Contractor | $6,024,225 |
| V-tech Inc | Electrical Contractor | $4,903,098 |
| Shelton Energy Solutions LLC | System Improvements | $3,949,603 |
| Axis Power LLC | System Improvements | $2,662,083 |
| Creel Brother Inc | Tree Removal/system Improvements | $2,525,991 |
Grants made · $7,500 in FY2024
1 grant totaling $7,500 in FY2024. All grants made by Dixie Electric Membership Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| East Baton Rouge Parish School System | 12th grade interns donation | $7,500 |
Frequently asked questions
- Is Dixie Electric Membership Corporation a legitimate nonprofit?
- Yes. Dixie Electric Membership Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 72-0170797, based in Baton Rouge, Louisiana.
- What is Dixie Electric Membership Corporation's EIN?
- Dixie Electric Membership Corporation's Employer Identification Number (EIN) is 72-0170797.
- How much revenue does Dixie Electric Membership Corporation report?
- Dixie Electric Membership Corporation reported $274,490,843 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Dixie Electric Membership Corporation have?
- CharityIndex grades Dixie Electric Membership Corporation A, based on financial health (reserves and operating margin).
- How much does Dixie Electric Membership Corporation's highest-paid employee make?
- The highest reported compensation on Dixie Electric Membership Corporation's latest Form 990 is $493,833, paid to Randall Pierce (General Manager/chief Exec).
More nonprofits in Baton Rouge
Explore more
Data for Dixie Electric Membership Corporation (EIN 72-0170797) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.