Blue Ridge Electric Membership Corporation
Lenoir, 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 664 peers in Unclassified with $100M-$1B 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 | |
|---|---|---|---|---|
| 2023 | $161,962,785↑10% | $155,745,368↑7% | $493,870,204↓3% | — |
| 2022 | $147,526,402↑3% | $145,889,020↑2% | $510,425,101↑8% | — |
| 2021 | $143,145,236↓3% | $142,702,567↓4% | $473,740,390↑3% | — |
| 2020 | $148,280,906↑3% | $147,908,235↑3% | $458,519,383↑4% | — |
| 2019 | $143,934,193↓9% | $143,371,736↓8% | $441,485,632↑3% | — |
| 2018 | $158,703,517↑11% | $155,259,713↑8% | $429,223,502↑5% | — |
| 2017 | $143,461,780↑10% | $143,364,166↑9% | $409,889,681↑4% | — |
| 2016 | $130,711,368↓10% | $131,149,405↓9% | $393,226,788↑1% | — |
| 2015 | $144,637,392↓2% | $143,550,857↓3% | $389,136,170↑3% | — |
| 2014 | $148,265,570↓2% | $147,972,275↓1% | $379,181,171↑4% | — |
| 2013 | $150,655,056↑5% | $148,773,481↑6% | $365,316,786↑8% | — |
| 2012 | $142,868,018↑4% | $140,790,978↑3% | $337,349,891↓3% | — |
| 2011 | $137,968,041 | $136,155,936 | $346,816,346 | — |
Frequently Asked Questions
What does Blue Ridge Electric Membership Corporation do?▼
Blue Ridge Electric Membership Corporation 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 Blue Ridge Electric Membership Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Blue Ridge Electric Membership Corporation has a score of 73/100 (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 Blue Ridge Electric Membership Corporation generate?▼
Blue Ridge Electric Membership Corporation reports $162.0M in annual revenue and holds $523.0M in total assets, based on IRS filings.
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