ZUnclassifiedEIN: 560358446

Piedmont Electric Membership Corp.

Hillsborough, North Carolina

B-Health Score
51B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.98×
Peer Median5.86×
💰
$76.8M
Total Revenue
📊
$76.8M
Total Expenses
🏦
$75.2M
Net Assets
📋
$162.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.7%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
68.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$76,825,16414%$76,825,16414%$237,741,1493%
2022$67,548,5452%$67,548,5452%$231,845,2599%
2021$66,236,0891%$66,236,0891%$213,665,2393%
2020$66,867,4813%$66,867,4813%$206,987,3304%
2019$65,169,8452%$65,169,8452%$199,964,0592%
2018$66,279,9965%$66,279,9965%$196,566,4685%
2017$63,217,677$63,217,677$187,092,4306%
2016$63,507,1172%$63,507,1172%$176,828,0874%
2015$64,719,5162%$64,719,5162%$169,287,2302%
2014$66,053,9342%$66,053,9342%$166,031,798
2013$64,702,0782%$64,702,0782%$165,288,6284%
2012$63,637,9894%$63,637,9894%$158,268,5204%
2011$61,259,729$61,259,729$152,802,891

Frequently Asked Questions

What does Piedmont Electric Membership Corp. do?

Piedmont Electric Membership Corp. is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Piedmont Electric Membership Corp. financially healthy?

Based on our 9-metric Financial Health Score model, Piedmont Electric Membership Corp. has a score of 51/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Piedmont Electric Membership Corp. generate?

Piedmont Electric Membership Corp. reports $79.6M in annual revenue and holds $248.0M in total assets, based on IRS filings.

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