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NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION

RALEIGH, North Carolina, 27616

EIN: 56-0995910

Mutual/Membership Benefit Organizations, Other

DEMOGRAPHIC

ADDRESS
3400 SUMNER BLVD
27616
COUNTY
wake county, NC
IN CARE OF NAME
ANGIE DUTTON

ORGANIZATIONAL OVERVIEW & RANKINGS

NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION is a based in RALEIGH, NC, focused on Mutual/Membership Benefit Organizations, Other causes , specifically Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations. Established in August 2000, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $2,328,294,916.00, this ranks 557 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 13 out of 80,207 organizations in NC (Top 1%).

In wake county, NC, the organization ranks 3 out of 10,332 nonprofits by assets (Top 1%), while locally in raleigh, it stands at 2 among 6,106 organizations (Top 1%).

The organization reported annual revenue of $1,247,913,136.00, ranking 410 nationally (Top 1%) and 15 in NC (Top 1%).

Within its specific NTEE classification (Y22 - Y: Mutual/Membership Benefit Organizations, Other), which includes 883 similar organizations, NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION ranks 1 in assets (Top 1%) and 1 in revenue (Top 1%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
Benevolent Life Insurance Assoc.
ACTIVITY CODES
Other services or benefits to members or employees
NTEE COMMON CODE
Y: Mutual/Membership Benefit Organizations, Other
NTEE CODE
Y22: Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$1,447,976,491.00
FORM 990 REVENUE AMOUNT
$1,247,913,136.00
RULING DATE
08/2000
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$2,328,294,916.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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