Union Electric Membership Corp
Monroe, NC · EIN 56-0435549 · Rank 2,952 by total revenue
To enhance the quality of life of our members and the communities we serve by delivering on our promise to provide safe, reliable electric power and energy services with exceptional value.
Money, Form 990 for tax year 2024
- Total revenue
- $204,861,227
- Total expenses
- $203,629,298
- Total assets
- $511,952,330
- Salary base (all salaries and wages)
- $16,809,807
- Salaries, other pay and benefits
- $21,257,125
- Employees
- 143
- Salary base per employee
- $117,551
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (12)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Gregory S Andress | EVP VP & GEN | Officer | 40 | $1,168,963 |
| David Gross | VP ENG & OPE | Officer | 40 | $525,912 |
| Theresa Blackwell | VP FIN & ACC | Officer | 40 | $515,761 |
| Dent H Turner | PRESIDENT | Board, Officer | 5 | $20,977 |
| David G Hyatt | VICE PRESIDE | Board, Officer | 3 | $17,077 |
| Sue Threatt | ASST. SEC/TR | Board, Officer | 2 | $15,877 |
| Sherise Jones | SEC-TREAS | Board, Officer | 2 | $15,003 |
| Winnie Honeycutt | DIRECTOR | Board | 4 | $19,177 |
| Gary Bostian | DIRECTOR | Board | 3 | $15,877 |
| Tom J Caudle | DIRECTOR | Board | 2 | $15,877 |
| David E Smith | DIRECTOR | Board | 2 | $15,877 |
| Thomas E Porter Jr | DIRECTOR | Board | 2 | $15,277 |
Top 10 paid people listed
These 10 people received $3,736,199, which is 22.2% of the $16,809,807 salary base shared by 143 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Gregory S Andress | EVP VP & GEN | Officer | 40 | $785,112 | $0 | $383,851 | $1,168,963 |
| David Gross | VP ENG & OPE | Officer | 40 | $371,017 | $0 | $154,895 | $525,912 |
| Theresa Blackwell | VP FIN & ACC | Officer | 40 | $362,104 | $0 | $153,657 | $515,761 |
| Wayne Hathcock | MGR OF ENG | Highly paid employee | 40 | $222,898 | $0 | $118,433 | $341,331 |
| Carrie Stroud | VP COMMS & M | Highly paid employee | 40 | $216,568 | $0 | $122,232 | $338,800 |
| Jeremy Black | VP INFO SERV | Highly paid employee | 40 | $241,203 | $0 | $97,185 | $338,388 |
| Lonnie Kirkley | MGR OPERATIO | Highly paid employee | 40 | $215,051 | $0 | $32,810 | $247,861 |
| James Murphy | MGR FINANCE | Highly paid employee | 40 | $186,248 | $0 | $32,781 | $219,029 |
| Dent H Turner | PRESIDENT | Board, Officer | 5 | $20,977 | $0 | $0 | $20,977 |
| Winnie Honeycutt | DIRECTOR | Board | 4 | $19,177 | $0 | $0 | $19,177 |
Sources
- IRS e-file return 202522419349300922 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 56-0435549
- Organization website (as filed): www.union-power.com