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HAYWOOD ELECTRIC MEMBERSHIP CORPORATION

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Public IRS 990 nonprofit record

HAYWOOD ELECTRIC MEMBERSHIP CORPORATION

EIN 56-0193499 · Mutual & Membership Benefit (Y)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$98.57spent for every $100 of revenueRevenue covered expenses this year.
$3.37in assets for every $1 spent this yearSome assets cannot be spent right away.
0.0%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $432,834 for THOMAS H BATCHELOR JR (EXEC. VP/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$53,780,602
Expenses$53,012,888
Annual surplus $767,714 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$53,780,602
Expenses$53,012,888
Assets$178,821,545
Income$53,780,602
Contributions$9,502
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
THOMAS H BATCHELOR JREXEC. VP/CEO · 50 hrs/week $432,834Base $366,318 · Other $66,516
JOHN BOATEASSISTANT GM · 40 hrs/week $209,847Base $184,749 · Other $25,098
JOHN RAINESTEAM LEADER · 40 hrs/week $183,063Base $145,353 · Other $37,710
JOHN CARVERTEAM LEADER · 40 hrs/week $177,714Base $155,193 · Other $22,521
JOSHUA DEAVERCOO · 40 hrs/week $175,334Base $148,426 · Other $26,908
STEVEN MILNERMGR. OF OPER · 40 hrs/week $156,429Base $140,670 · Other $15,759
L STEPHEN FOSTERDIRECTOR · 4 hrs/week $53,638
JAMES BOYETTEDIRECTOR · 6 hrs/week $52,974
LUCAS SORRELLSVICE PRESIDE · 6 hrs/week $31,992Base $29,592 · Other $2,400
CLAY TALLEYSEC./TREASUR · 6 hrs/week $26,602
ALAN ISRAELDIRECTOR · 5 hrs/week $26,282Base $3,282 · Other $23,000
DAVID NOLANDASST. SEC./T · 3 hrs/week $24,302Base $18,302 · Other $6,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

THOMAS H BATCHELOR JREXEC. VP/CEO

JOHN BOATEASSISTANT GM

JOHN RAINESTEAM LEADER

JOHN CARVERTEAM LEADER

JOSHUA DEAVERCOO

STEVEN MILNERMGR. OF OPER

L STEPHEN FOSTERDIRECTOR

JAMES BOYETTEDIRECTOR

LUCAS SORRELLSVICE PRESIDE

CLAY TALLEYSEC./TREASUR

ALAN ISRAELDIRECTOR

DAVID NOLANDASST. SEC./T

LARRY CLARKPRESIDENT

About this charity

Recognized since
January 1961
Location
376 GRINDSTONE RD, WAYNESVILLE, NC 28785-6120
County
Haywood
In care of
THOMAS H BATCHELOR JR
Primary officer
THOMAS H BATCHELOR JR, EXEC. VP/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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