Overview
What is Brunswick Electric Membership Corporation?
The Brunswick Electric Membership Corporation is a North Carolina-based cooperative committed to delivering superior electric and consumer services to its members. With a workforce of 239 employees, they focus on purchasing and distributing electric power, transmission and maintenance, customer accounting and service, marketing, general administration, and minor non-operating activities. Their mission is to provide safe, affordable, reliable, and environmentally responsible electricity to their cooperative membership, achieved through open communication and a well-informed and knowledgeable membership, accompanied by a highly-trained and efficient workforce.
Official website here: www.bemc.org
What are the reviews and ratings of this charity?
The Brunswick Electric Membership Corporation is currently not rated by Charity Navigator. The absence of a rating is not indicative of positive or negative performance; rather, it shows that the organization has not been evaluated due to its specific status. The nonprofit is not a 501(c)(3) IRS registered entity, which limits its eligibility for evaluation under Charity Navigator's typical methodologies.
The lack of an official rating highlights a gap in formal assessment regarding the nonprofit's accountability, transparency, and impact measurement. Historical ratings focused mainly on financial accountability, but these are not recent due to missing data. Details such as revenue, expenses, and salaries of key personnel are unavailable since the organization does not file a Form 990, a requirement for evaluation.
No user reviews are available on GreatNonprofits, limiting public insight into the organization's operations and impact from a community perspective. The absence of both an official rating and user feedback makes it challenging to comprehensively assess Brunswick Electric Membership Corporation's overall performance and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Brunswick Electric Membership Corporation legitimate?
Brunswick Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Brunswick Electric Membership Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,373,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,720,661
For more financial information, click here
Official website here: www.bemc.org
What is the mission statement of Brunswick Electric Membership Corporation?
Brunswick Electric Membership Corporation is committed to delivering superior electric and consumer services to its cooperative membership. This is achieved through open communication and the utilization of a highly-trained, efficient workforce, working in conjunction with a knowledgeable and well-informed membership. The corporation's primary goal is to distribute safe, affordable, reliable, and environmentally responsible electricity to its members, ensuring they receive the best possible service.
Official website here: www.bemc.org
Who is the CEO of Brunswick Electric Membership Corporation?
Joshua Winslow is the CEO of Brunswick Electric Membership Corporation The CEO's salary of Brunswick Electric Membership Corporation is $454,243 and their total compensation is $652,081.
Official website here: www.bemc.org
What is the revenue of Brunswick Electric Membership Corporation?
Brunswick Electric Membership Corporation's revenue in 2023 was $218,088,595.
Official website here: www.bemc.org
Who are the executives of Brunswick Electric Membership Corporation and what are their salaries?
The average compensation at Brunswick Electric Membership Corporation during 2023 was $86,987. There are 231 employees at Brunswick Electric Membership Corporation.
Here are 25 key members and their salaries (Brunswick Electric Membership Corporation's CEO's salary is $454,243 and their total compensation is $652,081):
- Compensation: $454,243
- Related: $0
- Other: $197,838
- Compensation: $333,596
- Related: $0
- Other: $55,829
- Compensation: $305,181
- Related: $0
- Other: $65,495
- Compensation: $288,031
- Related: $0
- Other: $84,436
- Compensation: $271,604
- Related: $0
- Other: $89,016
- Compensation: $203,285
- Related: $0
- Other: $52,305
- Compensation: $403,609
- Related: $0
- Other: $33,881
- Compensation: $379,040
- Related: $0
- Other: $15,192
- Compensation: $339,334
- Related: $0
- Other: $32,828
- Compensation: $190,993
- Related: $0
- Other: $33,160
- Compensation: $182,713
- Related: $0
- Other: $33,108
- Compensation: $179,565
- Related: $0
- Other: $13,421
- Compensation: $174,565
- Related: $0
- Other: $13,706
- Compensation: $150,906
- Related: $0
- Other: $31,837
- Compensation: $149,565
- Related: $0
- Other: $32,477
- Compensation: $51,940
- Related: $1,800
- Other: $0
- Compensation: $57,346
- Related: $1,800
- Other: $0
- Compensation: $63,196
- Related: $2,250
- Other: $0
- Compensation: $38,052
- Related: $1,800
- Other: $0
- Compensation: $33,549
- Related: $1,800
- Other: $0
- Compensation: $53,296
- Related: $1,800
- Other: $0
- Compensation: $23,646
- Related: $1,800
- Other: $0
- Compensation: $12,910
- Related: $1,350
- Other: $0
- Compensation: $33,460
- Related: $2,250
- Other: $0
- Compensation: $19,510
- Related: $2,250
- Other: $0
Official website here: www.bemc.org
Where can I find the form 990 for Brunswick Electric Membership Corporation?
Brunswick Electric Membership Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bemc.org
Learn more at the official website: www.bemc.org
Mission Statement of Brunswick Electric Membership Corporation
Brunswick Electric Membership Corporation, a cooperative, is dedicated to delivering superior electric and consumer services to its membership. The corporation prides itself on open communication and a highly-trained, efficient workforce, which is complemented by a knowledgeable and well-informed membership. The primary objective of Brunswick Electric Membership Corporation is to distribute safe, affordable, reliable, and environmentally responsible electricity to its community. This mission involves a commitment to ensuring the well-being of its members by providing them with reliable access to electricity, fostering a collaborative relationship, and continually striving for improvement. By focusing on the needs of its members and prioritizing the importance of clear communication and efficient operations, Brunswick Electric Membership Corporation has established itself as a trusted provider of essential electric services.
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Impact
October, 2024
Brunswick Electric Membership Corporation (BEMC) plays a significant role in its community by ensuring the distribution of safe, affordable, reliable, and environmentally responsible electricity to its members. The organization is committed to open communication and strives to provide superior electric and consumer services.
BEMC achieves this through a highly-trained and efficient workforce, which works in conjunction with a well-informed membership to address their needs effectively. Their operations encompass various aspects, including the purchase of electric power from suppliers, transmission operations and maintenance, as well as customer service and support. This holistic approach allows BEMC to maintain high service quality and reliability, ultimately benefiting the local community in Shallotte, NC.
In providing essential electricity services, BEMC also emphasizes environmentally responsible practices, aligning its operations with sustainability goals that positively impact the community and the environment. By prioritizing consumer education and engagement, BEMC ensures that its members are informed and empowered, further enhancing its impact on the community.
This information is meant to be a general summary of Brunswick Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,374,680
- Program Service Revenue: $215,938,734
- Gross Receipts: $218,240,658
Assets and Liabilities:
- Total Assets: $498,679,399
- Total Liabilities: $296,934,084
- Net Assets: $201,745,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELEC. SALE/DISTRIBUTION
Revenue
$204,159,974
CONTRIBUTION IN AID OF CONST.
Revenue
$8,043,114
SOUTHPORT O&M CONTRACT
Revenue
$1,572,816
SUNNY POINT O&M CONTRACT
Revenue
$1,107,711
CAPITAL CREDITS RECEIVED
Revenue
$1,055,119
Organization Details
Founding Year
1939
Principal Officer
Joshua Winslow
Website
www.bemc.orgNTEE Category
Code: W80 - Public benefit
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