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LUMBEE RIVER ELEC MEMBERSHIP CORP

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Public IRS 990 nonprofit record

LUMBEE RIVER ELEC MEMBERSHIP CORP

EIN 56-0305124 · Mutual & Membership Benefit (Y)

What they do

SAFE and EFFECTIVE DISTRIBUTION of ELECTRICITY to THE MEMBERS of LREMC.

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 leaders20 people are listed in the latest report.

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

Money made simple

$100.67spent for every $100 of revenueSpending was higher than revenue this year.
$2.46in 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.

Ask these three easy questions

  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.

Worth asking: Expenses exceeded revenue by $1,130,228 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $332,942 for STEVEN DAVIS (VP INFO TECH). 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$169,560,200
Expenses$170,690,428
Annual shortfall $1,130,228 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$169,560,200
Expenses$170,690,428
Assets$419,587,831
Income$169,573,025
Contributions$12,082
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
STEVEN DAVISVP INFO TECH · 40 hrs/week $332,942Base $174,040 · Other $158,902
JON T LOCKLEARPRESIDENT & · 40 hrs/week $332,923Base $277,418 · Other $55,505
RUBY QUICKVP MEMBER SR · 42 hrs/week $275,501Base $177,605 · Other $97,896
WILLIAM DOCKERYSUP OF OPERA · 57 hrs/week $246,928Base $181,185 · Other $65,743
JOHN DYSONCOO · 42 hrs/week $239,397Base $203,040 · Other $36,357
ROMA HUSSEYVP OF HR · 40 hrs/week $209,336Base $158,145 · Other $51,191
DANIEL LEONARDCFO · 40 hrs/week $204,265Base $172,176 · Other $32,089
ERIC LOCKLEARDIRECTOR · 5 hrs/week $22,500
RON ANDERSONDIRECTOR · 3 hrs/week $20,100
RORY C EDDINGSCHAIRMAN · 4 hrs/week $19,500
SHARON BURNETTEDIRECTOR · 4 hrs/week $19,200
SILVA CHAVISSECRETARY · 3 hrs/week $16,500

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 (20)

STEVEN DAVISVP INFO TECH

JON T LOCKLEARPRESIDENT &

RUBY QUICKVP MEMBER SR

WILLIAM DOCKERYSUP OF OPERA

JOHN DYSONCOO

ROMA HUSSEYVP OF HR

DANIEL LEONARDCFO

ERIC LOCKLEARDIRECTOR

RON ANDERSONDIRECTOR

RORY C EDDINGSCHAIRMAN

SHARON BURNETTEDIRECTOR

SILVA CHAVISSECRETARY

KIRK LOWERYTREASURER

RONALD G HAMMONDSDIRECTOR

MARY BETH LOCKLEARDIRECTOR

ROGER OXENDINEVICE CHAIRMA

RHONDA M GOINS-DIALDIRECTOR

JAMES HARDINDIRECTOR

ANTHONY HUNTDIRECTOR

SHERRY CARTERDIRECTOR

About this charity

Recognized since
January 1966
Location
6090 NC HIGHWAY 711, PEMBROKE, NC 28372-7926
County
Robeson
In care of
JON T LOCKLEAR
Primary officer
JON T LOCKLEAR, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
ADAMS JENKINS & CHEATHAM
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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