Roanoke Electric Membership Corp
Ahoskie, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $50,932,357↑23% | $50,834,146↑23% | $147,756,295↑13% | |
| 2021 | $41,342,380↑2% | $41,230,154↑2% | $130,270,619↑5% | — |
| 2020 | $40,452,622↓7% | $40,392,230↓7% | $123,635,003↑9% | — |
| 2019 | $43,545,116↑9% | $43,545,116↑9% | $113,117,475↑13% | — |
| 2018 | $39,900,039↑12% | $39,900,039↑12% | $100,162,307↑3% | — |
| 2017 | $35,774,576↓4% | $35,774,576↓4% | $97,468,075↑2% | — |
| 2016 | $37,393,965↑4% | $37,393,965↑4% | $95,770,385↑12% | — |
| 2015 | $36,011,762↓3% | $36,011,762↓3% | $85,346,304↑1% | — |
| 2014 | $37,097,263↓4% | $37,097,263↓4% | $84,134,754 | — |
| 2013 | $38,503,258↑17% | $38,503,258↑17% | $83,726,240↑3% | — |
| 2012 | $32,996,581↓7% | $32,996,581↓7% | $80,974,016↓2% | — |
| 2011 | $35,524,490↑1% | $35,524,490↑6% | $82,662,797↑2% | — |
| 2010 | $35,136,444 | $33,463,808 | $81,379,809 | — |
Frequently Asked Questions
What does Roanoke Electric Membership Corp do?▼
Roanoke 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 Roanoke Electric Membership Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, Roanoke Electric Membership Corp has a score of 66/100 (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 Roanoke Electric Membership Corp generate?▼
Roanoke Electric Membership Corp reports $57.2M in annual revenue and holds $218.2M in total assets, based on IRS filings.
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