Flint Electric Membership Corporation
501(c)(12)
Strong reserves Growing revenue
Flint Electric Membership Corporation is a 501(c)(12) organization based in Reynolds, Georgia, registered in 1945, with $266,593,854 in FY2024 revenue.
3 S Macon St, Reynolds, GA, 31076 EIN 58-0456574 Since 1945
Revenue (FY2024)
$266.6M
▲ 6.6% vs prior year
Expenses (FY2024)
$266.6M
Net assets
$165.2M
Employees
257
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 Flint 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 rating7 mo reserves · +0% 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 Flint Electric Membership Corporation: 7 mo reserves · +0% 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 Flint Electric Membership Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Flint Electric Membership Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.
Contact & location
Financial trends
Revenue grew from $188.5M (FY2013) to $266.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $376.2MNet assets $165.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$541.4M
Total liabilities
$376.2M
Net assets
$165.2M
Salaries & benefits
$819K
0% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $266,593,854▲6.6% | $266,593,854▲6.6% | $165,166,074▲2.4% | $541,362,244▲11.9% | 990 |
| 2023 | $250,058,643▼0.3% | $250,058,643▼0.6% | $161,335,957▲3.7% | $484,003,601▲10.1% | 990 |
| 2022 | $250,834,907▲9.6% | $251,490,391▲9.9% | $155,629,924▲2.6% | $439,600,941▲10.2% | 990 |
| 2021 | $228,845,858▲4.9% | $228,845,858▲4.9% | $151,666,657▼1.1% | $399,054,796▲2.5% | 990 |
| 2020 | $218,071,463▼3.3% | $218,071,463▼3.3% | $153,307,365▲2.5% | $389,155,351▲2.0% | 990 |
| 2019 | $225,580,479▼1.6% | $225,580,479▼1.6% | $149,538,178▲2.9% | $381,623,901▲2.3% | 990 |
| 2018 | $229,251,102▲7.4% | $229,251,102▲7.4% | $145,317,034▲2.6% | $372,959,718▲3.5% | 990 |
| 2017 | $213,416,859▲5.1% | $213,416,859▲5.4% | $141,687,971▲13.0% | $360,493,166▲7.3% | 990 |
| 2016 | $203,074,705▲4.9% | $202,551,082▲4.3% | $125,426,184▲3.3% | $335,957,050▲2.5% | 990 |
| 2015 | $193,593,699▼1.1% | $194,117,322▼0.8% | $121,451,108▲1.9% | $327,725,385▼0.4% | 990 |
| 2014 | $195,693,557▲3.8% | $195,693,557▲3.8% | $119,162,755▲2.9% | $329,076,913▼5.6% | 990 |
| 2013 | $188,502,225 | $188,502,224▲7.7% | $115,787,044▲0.8% | $348,521,673▲5.0% | 990 |
| 2012 | — | $174,961,793▼6.7% | $114,890,140▲2.8% | $331,907,031▲9.6% | 990 |
| 2011 | — | $187,609,071▲10.2% | $111,757,804▲5.2% | $302,769,023▲1.4% | 990 |
| 2010 | — | $170,230,749 | $106,205,233 | $298,452,956 | 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: Jeremy Nelms — $378,084 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeremy Nelms | President/ce | 50 | $378,084 |
| Walker Fricks | Vp Engineeri | 50 | $228,036 |
| Jimmy Bigler | Vp Technolog | 50 | $202,911 |
| Laquita Mccrary | Vp Corp Serv | 50 | $189,889 |
| Rogie Roberson | Vp Member So | 50 | $174,458 |
| Marian Mclemore | Vp Coop Comm | 50 | $166,362 |
| Neal L Talton | Chairman | 5.25 | $39,542 |
| Stephen D Williams | Director | 3.5 | $32,792 |
| David H Cleveland | Vice Chairma | 6.75 | $32,272 |
| Jeff Wainwright | Secretary/tr | 6.25 | $31,707 |
| Donald Chase | Director | 5.25 | $31,456 |
| Leighton Cooley | Director | 5.25 | $30,602 |
| Jane Perfect | Assistant Se | 2.75 | $29,938 |
| Clarence Robinson Jr | Director | 5 | $28,932 |
| Patrick J Braski | Director | 3.5 | $27,004 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Conexon LLC | Fiber Construct | $4,307,405 |
| Conexon LLC | Fiber Construct | $4,307,405 |
| Harper's Treestump Removal | Right of Way | $1,801,497 |
| Harper's Treestump Removal | Right of Way | $1,801,497 |
| Beach Timber Company | Right of Way | $1,342,011 |
| Beach Timber Company | Right of Way | $1,342,011 |
| Psg Energy Services LLC | Equipment | $410,409 |
| Psg Energy Services LLC | Equipment | $410,409 |
| Midsouth Satellite | Equipment | $406,054 |
| Midsouth Satellite | Equipment | $406,054 |
Frequently asked questions
- Is Flint Electric Membership Corporation a legitimate nonprofit?
- Yes. Flint Electric Membership Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 58-0456574, based in Reynolds, Georgia.
- What is Flint Electric Membership Corporation's EIN?
- Flint Electric Membership Corporation's Employer Identification Number (EIN) is 58-0456574.
- How much revenue does Flint Electric Membership Corporation report?
- Flint Electric Membership Corporation reported $266,593,854 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Flint Electric Membership Corporation's highest-paid employee make?
- The highest reported compensation on Flint Electric Membership Corporation's latest Form 990 is $378,084, paid to Jeremy Nelms (President/ce).
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Data for Flint Electric Membership Corporation (EIN 58-0456574) 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.