Central Electric Membership
Safe and effective distribution of electricity to the members of central emc
Key facts about Central Electric Membership
In short: Central Electric Membership gave $19K across 1 grant in 2025 (avg $19K), mostly in North Carolina. Source: 2025 IRS Form 990.
- EIN
- 56-0478157
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $19,429
- Grants made (2025)
- 1
- Average grant
- $19,429
- Median grant
- $19,429
- Total assets
- $148,593,806
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$148.6M
+7.6% YoY
Annual Giving
$19K
+29.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$19K
+29.6% YoY
How Central Electric Membership gives
- Giving fell 60% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Central Electric Membership
Based on IRS filings
Central Electric Membership is a public charity, based in Sanford, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $148.6M in total assets. In 2025, it awarded 1 grant totaling $19K. Net investment income was $133K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $15K (2024) to $49K (2021). In 2025 it made 1 grant totaling $19K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Central Elec Mem Care Trust ($19K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Elec Mem Care Trust Sanford, NC | Admin Assistance | $19,429 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $148,593,806 | $138,040,596 | $133,265,783 |
| Revenue | $68,957,194 | $62,196,930 | $58,207,932 |
| Expenses | $69,995,781 | $62,937,508 | $60,109,851 |
| Net Investment Income | $132,858 | $27,736 | $42,261 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 5, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 27, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Central Electric Membership is led by Edward B. Oldham, CEO & General M on every filing since 2020; all 19 officers listed in 2025 are compensated.
Officers on the 2025 filing
Edward B. Oldham
CEO & General M
On filings since 2020
40 hrs/week
$186K (2020) → $292K (2025)
Rebecca G. Paschal-Cogan
President
On filings since 2020
6.2 hrs/week
$25K (2020) → $27K (2025)
Henry Randolph
Director
On filings since 2020
3.8 hrs/week
$18K (2020) → $23K (2025)
Nancy G. Holmes
Director
On filings since 2020
4.1 hrs/week
$20K (2020) → $23K (2025)
Timothy W. Priest
Director
On filings since 2020
7.1 hrs/week
$19K (2020) → $22K (2025)
C. Henry Outz Jr.
Director
On filings since 2021
2.8 hrs/week
$19K (2021) → $21K (2025)
Charles E. Cameron Sr.
Director
On filings since 2022
4.6 hrs/week
$13K (2022) → $26K (2025)
Bianka Stumpf
Director
New on the 2025 filing
4.7 hrs/week
$19K (2025)
Matthew Gardner
Director of
New on the 2025 filing
40 hrs/week
$118K (2025)
Angela D. Hare
Vice President of Custom
On filings since 2020
40 hrs/week
$127K (2020) → $168K (2025)
J. Thomas Dalrymple
Vice President
On filings since 2020
6.6 hrs/week
$22K (2020) → $22K (2025)
James B. Brooks
Secretary - Treasurer
Secretary-Tr → Secretary - Treasurer, 2025
On filings since 2020
2.6 hrs/week
$18K (2020) → $21K (2025)
Jody B. Albright
Vice President of Member
On filings since 2020
40 hrs/week
$122K (2020) → $164K (2025)
Tabitha L. Whitlow
Vice President Finance & Acting
On filings since 2020
40 hrs/week
$137K (2020) → $187K (2025)
W. Phillip Thompson Jr.
Assistant Secretary
On filings since 2020
5 hrs/week
$19K (2020) → $22K (2025)
Terry Collins
Manager of O
On filings since 2021
40 hrs/week
$107K (2021) → $139K (2025)
James Taylor
Manager Payroll
On filings since 2023
40 hrs/week
$108K (2023) → $127K (2025)
Nathan Stephens
Manager of Engin
On filings since 2024
40 hrs/week
$112K (2024) → $122K (2025)
Raymond Francisco
Overhead for
New on the 2025 filing
40 hrs/week
$141K (2025)
Former officers (12)
- Former: L. Frank Comer III (2020–2024) — Director
- Former: Martin Jessup (2020–2024) — Overhead for
- Former: Jill Adcock (2024) — Director of Cust
- Former: Edith C. Cox (2020–2023) — Director
- Former: Robert Thompson (2020–2023) — Systems Engi
- Former: Kenneth Thomas (2023) — Lineman
- Former: George D. Langston (2020–2022) — Former Officer
- Former: Kent Gunter (2020–2022) — Superintende
- Former: Jonathan Roberts (2022) — Overhead for
- Former: Wesley T. Davis (2020–2021) — System Engin
- Former: Henry C. Outz Jr. (2020) — Director
- Former: Thomas E. Duckworth (2020) — Line Superin
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $292K, to Edward B Oldham (CEO & Gen. M). 19 officers or directors reported compensation on that filing.
Frequently asked questions about Central Electric Membership
How much does Central Electric Membership give each year?
Central Electric Membership gave $19K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $15K across 1 grant.
How large is Central Electric Membership?
Central Electric Membership reported $148.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $69.0M.
Where does Central Electric Membership operate?
Central Electric Membership has awarded grants in North Carolina.
What is Central Electric Membership's EIN?
Central Electric Membership's EIN (Employer Identification Number) is 56-0478157. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Central Electric Membership by hand.
Explore Open Grants
Browse active grant opportunities in Central Electric Membership's focus areas in our free grants database
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Central Electric Membership down — hundreds of funders to go?