Edgecombe-martin County Electric Membership Corp
501(c)(12)
Only null% goes to programs Strong reserves
Edgecombe-martin County Electric Membership Corp is a 501(c)(12) organization based in Tarboro, North Carolina, registered in 1961, with $32,243,740 in FY2024 revenue. CharityIndex grades it B.
Po Box 188, Tarboro, NC, 27886 EIN 56-0211980 Since 1961
Revenue (FY2024)
$32.2M
▲ 8.4% vs prior year
Expenses (FY2024)
$32.4M
Net assets
$37.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Edgecombe-martin County Electric Membership Corp— 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 rating14 mo reserves · -1% 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 Edgecombe-martin County Electric Membership Corp: 14 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Edgecombe-martin County Electric Membership Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Edgecombe-martin County Electric Membership Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 188, Tarboro, NC, 27886
- City
- Tarboro
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $28.2M (FY2013) to $32.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $36.0MNet assets $37.8M
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$73.9M
Total liabilities
$36.0M
Net assets
$37.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $32,243,740▲8.4% | $32,449,581▲7.5% | $37,839,498▲6.0% | $73,856,397▼0.7% | 990 |
| 2023 | $29,738,660▲2.1% | $30,193,887▲3.0% | $35,693,927▲2.3% | $74,404,871▲2.5% | 990 |
| 2022 | $29,118,803▼0.4% | $29,318,794▼0.8% | $34,904,576▼0.1% | $72,560,795▲1.5% | 990 |
| 2021 | $29,232,800▲3.9% | $29,544,343▲3.5% | $34,942,589▲6.8% | $71,516,815▲1.1% | 990 |
| 2020 | $28,123,759▼7.5% | $28,543,294▼5.9% | $32,730,900▲4.7% | $70,771,642▲1.1% | 990 |
| 2019 | $30,391,391▼1.4% | $30,321,744▼3.3% | $31,248,226▲11.5% | $70,018,141▲4.2% | 990 |
| 2018 | $30,831,186▲7.5% | $31,371,962▲10.0% | $28,026,080▲11.9% | $67,220,543▼1.1% | 990 |
| 2017 | $28,672,057▲5.8% | $28,523,388▲3.7% | $25,051,954▲7.4% | $67,955,687▼0.3% | 990 |
| 2016 | $27,110,909▼2.3% | $27,504,844▼1.9% | $23,320,676▲3.5% | $68,158,696▲3.8% | 990 |
| 2015 | $27,752,709▼2.3% | $28,034,931▼2.1% | $22,535,586▲3.9% | $65,649,311▲2.9% | 990 |
| 2014 | $28,407,255▲0.7% | $28,643,624▲0.5% | $21,681,509▲3.8% | $63,825,072▲4.3% | 990 |
| 2013 | $28,218,692 | $28,491,320▲3.8% | $20,888,008▲6.7% | $61,209,526▲5.2% | 990 |
| 2012 | — | $27,455,902▼2.2% | $19,579,356▲1.8% | $58,195,838▼0.1% | 990 |
| 2011 | — | $28,079,363▲3.4% | $19,234,282▲5.4% | $58,228,488▲1.9% | 990 |
| 2010 | — | $27,165,403 | $18,243,227 | $57,164,038 | 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.
Frequently asked questions
- Is Edgecombe-martin County Electric Membership Corp a legitimate nonprofit?
- Yes. Edgecombe-martin County Electric Membership Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 56-0211980, based in Tarboro, North Carolina.
- What is Edgecombe-martin County Electric Membership Corp's EIN?
- Edgecombe-martin County Electric Membership Corp's Employer Identification Number (EIN) is 56-0211980.
- How much revenue does Edgecombe-martin County Electric Membership Corp report?
- Edgecombe-martin County Electric Membership Corp reported $32,243,740 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edgecombe-martin County Electric Membership Corp have?
- CharityIndex grades Edgecombe-martin County Electric Membership Corp B, based on financial health (reserves and operating margin).
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Data for Edgecombe-martin County Electric Membership Corp (EIN 56-0211980) 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.