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Employer Identification Number 56-0229234

FRENCH BROAD EMC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FRENCH BROAD EMC
Employer identification number (EIN):56-0229234
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration FRENCH BROAD EMC 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementSafe and effective distribution of electricity to members of French Broad EMC.
Number of Employees123
Year Formed1939

Organization Governance

Legal DomicileNC
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ -87
Program Service Revenue from prior yearUSD $ 80,530,051
Program Service Revenue from current yearUSD $ 82,049,161
Investment Income from prior yearUSD $ 343,106
Investment Income from current yearUSD $ 331,285
Other Revenue from prior yearUSD $ 1,557,284
Other Revenue from current yearUSD $ 1,295,913
Gross receipts from all sourcesUSD $ 87,810,431
Net assets / fund balances at end of fiscal yearUSD $ 52,931,795
Net assets / fund balances at beginning of fiscal yearUSD $ 54,831,788
Total liabilities at end of fiscal yearUSD $ 148,600,567
Total liabilities at beginning of fiscal yearUSD $ 112,669,546
Total assets at end of fiscal yearUSD $ 201,532,362
Total assets at beginning of fiscal yearUSD $ 167,501,334
Revenues less expenses for current yearUSD $ 920,102
Revenues less expenses for previous yearUSD $ 1,204,376
Total expenses for current yearUSD $ 86,888,442
Total expenses for previous yearUSD $ 83,947,044
Other expenses in current yearUSD $ 66,312,842
Other expenses in previous yearUSD $ 63,121,598
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,120,094
Employee salary and benefits paid in previous yearUSD $ 17,009,257
Benefits paid to or for members in current yearUSD $ 455,506
Benefits paid to or for members in previous yearUSD $ 3,816,189
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 87,808,544
Total revenue in previous fiscal yearUSD $ 85,151,420
Contributions and grants from current yearUSD $ 4,132,185
Contributions and grants from previous yearUSD $ 2,720,979
2023-12-31
Total unrelated business incomeUSD $ 773
Program Service Revenue from prior yearUSD $ 75,243,881
Program Service Revenue from current yearUSD $ 80,530,051
Investment Income from prior yearUSD $ 333,772
Investment Income from current yearUSD $ 343,106
Other Revenue from prior yearUSD $ 1,191,881
Other Revenue from current yearUSD $ 1,557,284
Gross receipts from all sourcesUSD $ 85,153,182
Net assets / fund balances at end of fiscal yearUSD $ 54,831,788
Net assets / fund balances at beginning of fiscal yearUSD $ 53,282,953
Total liabilities at end of fiscal yearUSD $ 112,669,546
Total liabilities at beginning of fiscal yearUSD $ 103,027,404
Total assets at end of fiscal yearUSD $ 167,501,334
Total assets at beginning of fiscal yearUSD $ 156,310,357
Revenues less expenses for current yearUSD $ 1,204,376
Revenues less expenses for previous yearUSD $ 1,336,171
Total expenses for current yearUSD $ 83,947,044
Total expenses for previous yearUSD $ 79,967,147
Other expenses in current yearUSD $ 63,121,598
Other expenses in previous yearUSD $ 60,866,766
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 17,009,257
Employee salary and benefits paid in previous yearUSD $ 15,917,722
Benefits paid to or for members in current yearUSD $ 3,816,189
Benefits paid to or for members in previous yearUSD $ 3,182,659
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 85,151,420
Total revenue in previous fiscal yearUSD $ 81,303,318
Contributions and grants from current yearUSD $ 2,720,979
Contributions and grants from previous yearUSD $ 4,533,784
Total of other revenueUSD $ 424
2022-12-31
Total unrelated business incomeUSD $ 148
Program Service Revenue from prior yearUSD $ 69,642,053
Program Service Revenue from current yearUSD $ 75,243,881
Investment Income from prior yearUSD $ 547,797
Investment Income from current yearUSD $ 333,772
Other Revenue from prior yearUSD $ 1,211,884
Other Revenue from current yearUSD $ 1,191,881
Gross receipts from all sourcesUSD $ 81,304,130
Net assets / fund balances at end of fiscal yearUSD $ 53,282,953
Net assets / fund balances at beginning of fiscal yearUSD $ 50,956,033
Total liabilities at end of fiscal yearUSD $ 103,027,404
Total liabilities at beginning of fiscal yearUSD $ 102,869,318
Total assets at end of fiscal yearUSD $ 156,310,357
Total assets at beginning of fiscal yearUSD $ 153,825,351
Revenues less expenses for current yearUSD $ 1,336,171
Revenues less expenses for previous yearUSD $ 1,315,916
Total expenses for current yearUSD $ 79,967,147
Total expenses for previous yearUSD $ 72,938,203
Other expenses in current yearUSD $ 60,866,766
Other expenses in previous yearUSD $ 55,669,165
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,917,722
Employee salary and benefits paid in previous yearUSD $ 14,739,306
Benefits paid to or for members in current yearUSD $ 3,182,659
Benefits paid to or for members in previous yearUSD $ 2,529,732
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 81,303,318
Total revenue in previous fiscal yearUSD $ 74,254,119
Contributions and grants from current yearUSD $ 4,533,784
Contributions and grants from previous yearUSD $ 2,852,385
Total of other revenueUSD $ 318
2021-12-31
Total unrelated business incomeUSD $ 388
Program Service Revenue from prior yearUSD $ 60,762,168
Program Service Revenue from current yearUSD $ 69,642,053
Investment Income from prior yearUSD $ 284,718
Investment Income from current yearUSD $ 547,797
Other Revenue from prior yearUSD $ 1,191,873
Other Revenue from current yearUSD $ 1,211,884
Gross receipts from all sourcesUSD $ 74,254,931
Net assets / fund balances at end of fiscal yearUSD $ 50,956,033
Net assets / fund balances at beginning of fiscal yearUSD $ 50,286,990
Total liabilities at end of fiscal yearUSD $ 102,869,318
Total liabilities at beginning of fiscal yearUSD $ 91,950,726
Total assets at end of fiscal yearUSD $ 153,825,351
Total assets at beginning of fiscal yearUSD $ 142,237,716
Revenues less expenses for current yearUSD $ 1,315,916
Revenues less expenses for previous yearUSD $ 541,409
Total expenses for current yearUSD $ 72,938,203
Total expenses for previous yearUSD $ 61,697,350
Other expenses in current yearUSD $ 55,669,165
Other expenses in previous yearUSD $ 45,739,432
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,739,306
Employee salary and benefits paid in previous yearUSD $ 13,906,927
Benefits paid to or for members in current yearUSD $ 2,529,732
Benefits paid to or for members in previous yearUSD $ 2,050,991
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 74,254,119
Total revenue in previous fiscal yearUSD $ 62,238,759
Contributions and grants from current yearUSD $ 2,852,385
Total of other revenueUSD $ 136
2020-12-31
Total unrelated business incomeUSD $ 388
Program Service Revenue from prior yearUSD $ 64,012,751
Program Service Revenue from current yearUSD $ 60,762,168
Investment Income from prior yearUSD $ 595,334
Investment Income from current yearUSD $ 284,718
Other Revenue from prior yearUSD $ 1,197,282
Other Revenue from current yearUSD $ 1,191,873
Gross receipts from all sourcesUSD $ 62,239,571
Net assets / fund balances at end of fiscal yearUSD $ 50,286,990
Net assets / fund balances at beginning of fiscal yearUSD $ 50,143,632
Total liabilities at end of fiscal yearUSD $ 91,950,726
Total liabilities at beginning of fiscal yearUSD $ 83,702,039
Total assets at end of fiscal yearUSD $ 142,237,716
Total assets at beginning of fiscal yearUSD $ 133,845,671
Revenues less expenses for current yearUSD $ 541,409
Revenues less expenses for previous yearUSD $ 899,228
Total expenses for current yearUSD $ 61,697,350
Total expenses for previous yearUSD $ 66,181,817
Other expenses in current yearUSD $ 45,739,432
Other expenses in previous yearUSD $ 50,815,195
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,906,927
Employee salary and benefits paid in previous yearUSD $ 13,335,841
Benefits paid to or for members in current yearUSD $ 2,050,991
Benefits paid to or for members in previous yearUSD $ 2,030,781
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 62,238,759
Total revenue in previous fiscal yearUSD $ 67,081,045
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 1,275,678
Total of other revenueUSD $ 125
2019-12-31
Total unrelated business incomeUSD $ 688
Program Service Revenue from prior yearUSD $ 67,979,614
Program Service Revenue from current yearUSD $ 64,012,751
Investment Income from prior yearUSD $ 569,395
Investment Income from current yearUSD $ 595,334
Other Revenue from prior yearUSD $ 1,192,474
Other Revenue from current yearUSD $ 1,197,282
Gross receipts from all sourcesUSD $ 67,081,857
Net assets / fund balances at end of fiscal yearUSD $ 50,143,632
Net assets / fund balances at beginning of fiscal yearUSD $ 46,118,572
Total liabilities at end of fiscal yearUSD $ 83,702,039
Total liabilities at beginning of fiscal yearUSD $ 82,398,723
Total assets at end of fiscal yearUSD $ 133,845,671
Total assets at beginning of fiscal yearUSD $ 128,517,295
Revenues less expenses for current yearUSD $ 899,228
Revenues less expenses for previous yearUSD $ 866,841
Total expenses for current yearUSD $ 66,181,817
Total expenses for previous yearUSD $ 68,874,642
Other expenses in current yearUSD $ 50,815,195
Other expenses in previous yearUSD $ 52,390,398
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,335,841
Employee salary and benefits paid in previous yearUSD $ 12,931,763
Benefits paid to or for members in current yearUSD $ 2,030,781
Benefits paid to or for members in previous yearUSD $ 3,552,481
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 67,081,045
Total revenue in previous fiscal yearUSD $ 69,741,483
Contributions and grants from current yearUSD $ 1,275,678
Total of other revenueUSD $ 5,234
2018-12-31
Total unrelated business incomeUSD $ 638
Program Service Revenue from prior yearUSD $ 62,451,223
Program Service Revenue from current yearUSD $ 67,979,614
Investment Income from prior yearUSD $ 555,920
Investment Income from current yearUSD $ 569,395
Other Revenue from prior yearUSD $ 1,193,342
Other Revenue from current yearUSD $ 1,192,474
Gross receipts from all sourcesUSD $ 69,742,295
Net assets / fund balances at end of fiscal yearUSD $ 46,118,572
Net assets / fund balances at beginning of fiscal yearUSD $ 43,932,356
Total liabilities at end of fiscal yearUSD $ 82,398,723
Total liabilities at beginning of fiscal yearUSD $ 82,488,591
Total assets at end of fiscal yearUSD $ 128,517,295
Total assets at beginning of fiscal yearUSD $ 126,420,947
Revenues less expenses for current yearUSD $ 866,841
Revenues less expenses for previous yearUSD $ 2,290,088
Total expenses for current yearUSD $ 68,874,642
Total expenses for previous yearUSD $ 61,910,397
Other expenses in current yearUSD $ 52,390,398
Other expenses in previous yearUSD $ 47,919,861
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,931,763
Employee salary and benefits paid in previous yearUSD $ 12,168,226
Benefits paid to or for members in current yearUSD $ 3,552,481
Benefits paid to or for members in previous yearUSD $ 1,822,310
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 69,741,483
Total revenue in previous fiscal yearUSD $ 64,200,485
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 476
2017-12-31
Total unrelated business incomeUSD $ 463
Program Service Revenue from prior yearUSD $ 60,006,861
Program Service Revenue from current yearUSD $ 62,451,223
Investment Income from prior yearUSD $ 499,553
Investment Income from current yearUSD $ 555,920
Other Revenue from prior yearUSD $ 1,186,553
Other Revenue from current yearUSD $ 1,193,342
Gross receipts from all sourcesUSD $ 64,222,869
Net assets / fund balances at end of fiscal yearUSD $ 43,932,356
Net assets / fund balances at beginning of fiscal yearUSD $ 43,221,551
Total liabilities at end of fiscal yearUSD $ 82,488,591
Total liabilities at beginning of fiscal yearUSD $ 86,480,105
Total assets at end of fiscal yearUSD $ 126,420,947
Total assets at beginning of fiscal yearUSD $ 129,701,656
Revenues less expenses for current yearUSD $ 2,290,088
Revenues less expenses for previous yearUSD $ 777,256
Total expenses for current yearUSD $ 61,910,397
Total expenses for previous yearUSD $ 60,915,711
Other expenses in current yearUSD $ 47,919,861
Other expenses in previous yearUSD $ 47,395,126
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,168,226
Employee salary and benefits paid in previous yearUSD $ 10,827,985
Benefits paid to or for members in current yearUSD $ 1,822,310
Benefits paid to or for members in previous yearUSD $ 2,692,600
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 64,200,485
Total revenue in previous fiscal yearUSD $ 61,692,967
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 1,530
2016-12-31
Total unrelated business incomeUSD $ 963
Program Service Revenue from prior yearUSD $ 62,031,106
Program Service Revenue from current yearUSD $ 60,006,861
Investment Income from prior yearUSD $ 230,065
Investment Income from current yearUSD $ 499,553
Other Revenue from prior yearUSD $ 1,206,192
Other Revenue from current yearUSD $ 1,186,553
Gross receipts from all sourcesUSD $ 61,693,704
Net assets / fund balances at end of fiscal yearUSD $ 43,221,551
Net assets / fund balances at beginning of fiscal yearUSD $ 43,433,238
Total liabilities at end of fiscal yearUSD $ 86,480,105
Total liabilities at beginning of fiscal yearUSD $ 81,443,206
Total assets at end of fiscal yearUSD $ 129,701,656
Total assets at beginning of fiscal yearUSD $ 124,876,444
Revenues less expenses for current yearUSD $ 777,256
Revenues less expenses for previous yearUSD $ 543,520
Total expenses for current yearUSD $ 60,915,711
Total expenses for previous yearUSD $ 63,263,129
Other expenses in current yearUSD $ 47,395,126
Other expenses in previous yearUSD $ 49,078,476
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,827,985
Employee salary and benefits paid in previous yearUSD $ 10,405,583
Benefits paid to or for members in current yearUSD $ 2,692,600
Benefits paid to or for members in previous yearUSD $ 3,439,784
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 339,286
Total revenue in current fiscal yearUSD $ 61,692,967
Total revenue in previous fiscal yearUSD $ 63,806,649
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 339,286
Total of other revenueUSD $ 194
2015-12-31
Total unrelated business incomeUSD $ 825
Program Service Revenue from prior yearUSD $ 64,276,420
Program Service Revenue from current yearUSD $ 62,031,106
Investment Income from prior yearUSD $ 216,316
Investment Income from current yearUSD $ 230,065
Other Revenue from prior yearUSD $ 1,162,919
Other Revenue from current yearUSD $ 1,206,192
Gross receipts from all sourcesUSD $ 63,807,024
Net assets / fund balances at end of fiscal yearUSD $ 43,433,238
Net assets / fund balances at beginning of fiscal yearUSD $ 41,807,991
Total liabilities at end of fiscal yearUSD $ 81,443,206
Total liabilities at beginning of fiscal yearUSD $ 77,358,064
Total assets at end of fiscal yearUSD $ 124,876,444
Total assets at beginning of fiscal yearUSD $ 119,166,055
Revenues less expenses for current yearUSD $ 543,520
Revenues less expenses for previous yearUSD $ 613,811
Total expenses for current yearUSD $ 63,263,129
Total expenses for previous yearUSD $ 65,051,557
Other expenses in current yearUSD $ 49,078,476
Other expenses in previous yearUSD $ 51,498,915
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,405,583
Employee salary and benefits paid in previous yearUSD $ 10,056,259
Benefits paid to or for members in current yearUSD $ 3,439,784
Benefits paid to or for members in previous yearUSD $ 3,486,670
Grants and similar amounts paid in current yearUSD $ 339,286
Grants and similar amounts paid in previous yearUSD $ 9,713
Total revenue in current fiscal yearUSD $ 63,806,649
Total revenue in previous fiscal yearUSD $ 65,665,368
Contributions and grants from current yearUSD $ 339,286
Contributions and grants from previous yearUSD $ 9,713
Total of other revenueUSD $ 188
2014-12-31
Total unrelated business incomeUSD $ 1,329
Net unrelated business incomeUSD $ 329
Program Service Revenue from prior yearUSD $ 60,964,586
Program Service Revenue from current yearUSD $ 64,276,420
Investment Income from prior yearUSD $ 96,891
Investment Income from current yearUSD $ 216,316
Other Revenue from prior yearUSD $ 1,143,165
Other Revenue from current yearUSD $ 1,162,919
Gross receipts from all sourcesUSD $ 65,665,739
Net assets / fund balances at end of fiscal yearUSD $ 41,807,991
Net assets / fund balances at beginning of fiscal yearUSD $ 40,035,016
Total liabilities at end of fiscal yearUSD $ 77,358,064
Total liabilities at beginning of fiscal yearUSD $ 80,824,768
Total assets at end of fiscal yearUSD $ 119,166,055
Total assets at beginning of fiscal yearUSD $ 120,859,784
Revenues less expenses for current yearUSD $ 613,811
Revenues less expenses for previous yearUSD $ 909,306
Total expenses for current yearUSD $ 65,051,557
Total expenses for previous yearUSD $ 61,727,011
Other expenses in current yearUSD $ 51,498,915
Other expenses in previous yearUSD $ 49,918,735
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,056,259
Employee salary and benefits paid in previous yearUSD $ 9,780,102
Benefits paid to or for members in current yearUSD $ 3,486,670
Benefits paid to or for members in previous yearUSD $ 1,596,499
Grants and similar amounts paid in current yearUSD $ 9,713
Grants and similar amounts paid in previous yearUSD $ 431,675
Total revenue in current fiscal yearUSD $ 65,665,368
Total revenue in previous fiscal yearUSD $ 62,636,317
Contributions and grants from current yearUSD $ 9,713
Contributions and grants from previous yearUSD $ 431,675
Total of other revenueUSD $ 144

Other Company Names associated with EIN

FRENCH BROAD ELECTRIC MEMBERSHIP CORP
FRENCH BROAD ELECTRIC MEMBERSHIP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560229234

USA Mailing Address
P.O. BOX 9
MARSHALL
NC
28753
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Location Address
P.O. BOX 9
MARSHALL
NC
28753
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Mailing Address
PO BOX 9
MARSHALL
NC
287530009
Date first seen: 2012-09-09
Date last seen: 2026-10-02
USA Location Address
PO BOX 9
MARSHALL
NC
287530009
Date first seen: 2016-07-31
Date last seen: 2026-10-02
USA Location Address
3043 NC-213
MARSHALL
NC
28753
Date first seen: 2026-07-03
Date last seen: 2026-10-02

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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