Randolph Electric Membership Corp in Asheboro, North Carolina (NC)
Table of contents:
| Randolph Electric Membership Corp | |
| Employer Identification Number (EIN) | 560371555 |
| Name of Organization | Randolph Electric Membership Corp |
| Address | 879 Mcdowell Rd, Asheboro, NC 27205-7236 |
| Activities | Other services or benefits to members or employees |
| Subsection | Organization Like Those on Three Preceding Lines |
| Ruling Date | 12/1966 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $50,000,000 to greater |
| Income | $50,000,000 to greater |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $149,130,180 |
| Amount of Income | $61,093,338 |
| Form 990 Revenue Amount | $61,093,338 |
Non-representatives - add comments:
Revenue for 2012
Functional expenses for 2012
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $59,108,626 |
| Gross income from other sources | $225,175 |
| Statement of Revenue (for 2012) | |
| Total revenue | $60,405,377 |
| Contributions, Gifts, Grants and Other Similar Amounts | $0 |
| Program Service Revenue | $60,149,347 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $268,437 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $-12,407 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $60,405,377 |
| Compensation of current officers, directors, trustees, and key employees | $666,411 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $59,738,966 |
| Balance Sheet (for 2012) | |
| Total assets | $143,898,530 |
| Total liabilities | $90,353,660 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $73,506,528 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $16,847,132 |
| Total net assets or fund balances | $53,544,870 |
| Retained earnings, endowment, accumulated income, or other funds | $53,544,870 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | Not provided |
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| Other organizations in North Carolina | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Ramsey Sharp Education Foundation | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | 1949-05 | $1,038,222 |
| 2 | Randleigh Foundation | PO BOX 4150, Chapel Hill, NC 27515-4150 | NC | 1970-02 | $702,188 |
| 3 | Randolph Arts Guild | PO BOX 1033, Asheboro, NC 27204-1033 | NC | 1982-08 | $330,307 |
| 4 | Randolph Cancer Center Llc | 364 White Oak St, Asheboro, NC 27203-5434 | NC | 2003-10 | $12,413,921 |
| 5 | Randolph Community Service Inc, 363 S Cox Street | 221 S Fayetteville St, Asheboro, NC 27203-5724 | NC | 1979-04 | $6,994,148 |
| 6 | Randolph County Development Corpora Tion | Po Box 2001, Asheboro, NC 27204 | NC | 2005-02 | $0 |
| 7 | Randolph County Family Crisis Center Inc | PO BOX 2161, Asheboro, NC 27204-2161 | NC | 1980-01 | $790,882 |
| 8 | Randolph County Farm Bureau Inc | PO BOX 2008, Asheboro, NC 27204-2008 | NC | 1965-07 | $365,021 |
| 9 | Randolph County Partnership For Children Inc | 349 Sunset Ave, Asheboro, NC 27203-5611 | NC | 1999-07 | $2,584,498 |
| 10 | Randolph County Senior Adults Association Inc | PO BOX 1852, Asheboro, NC 27204-1852 | NC | 1979-04 | $2,611,708 |
| 11 | Randolph Electric Membership Corp | 879 Mcdowell Rd, Asheboro, NC 27205-7236 | NC | 1966-12 | $61,093,338 |
| 12 | Randolph Fellowship Home Inc | PO BOX 2543, Asheboro, NC 27204-2543 | NC | 1972-10 | $256,679 |
| 13 | Randolph P Russell Fbo Univ Of Pa 4947 Tuw 1513092064 | 1 W 4th St 4th Fl, Winston Salem, NC 27101-3818 | NC | $166,626 | |
| 14 | Randolph Pregnancy Care Center | 530 S Cox St, Asheboro, NC 27203-5719 | NC | 2003-04 | $153,075 |
| 15 | Randolph Technical College Foundation Inc | 629 Industrial Park Ave, Asheboro, NC 27205-7333 | NC | 1980-02 | $8,888,957 |
| 16 | Randolph Vocational Industries Inc | PO BOX 1367, Asheboro, NC 27204-1367 | NC | 1972-11 | $791,582 |
| 17 | Randy Dorton Memorial Fund | 343 Wester Brewlands Rd, Iron Station, NC 28080-9514 | NC | 2005-12 | $1 |
| 18 | Ranlo Volunteer Fire And Rescue Inc | 2351 Leroy Ave, Gastonia, NC 28054-3316 | NC | 2000-07 | $254,519 |
| 19 | Ransdell-Selby Foundation | 3543 Wildflower Dr Unit B, Greensboro, NC 27410-8867 | NC | 2006-04 | $25,385 |
| 20 | Rape Child And Family Abuse Crisis Council Of Salisbury-Rowan Inc, R C F A Crisis Council Of Salisbury | 131 W Council St, Salisbury, NC 28144-4320 | NC | 1981-03 | $622,409 |
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