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North Carolina · Nonprofit

ROANOKE ELECTRIC MEMBERSHIP CORPORATION

ROANOKE ELECTRIC MEMBERSHIP CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $69,285 to it, the largest being UNITED WAY OF GREATER RICHMOND & PETERSBURG ($69,285). 0 of them have funded it in more than one year.

Revenue FY2025
$63M
Funders on record
1
Grants received
$69k
Net assets
$53M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Roanoke Electric Membership Corporation does

Mission

Roanoke emc: https://www.roanokecooperative.com/about-us/corporate-strategy/ to pursue innovation relentlessly and offer the finest, most reliable, and cost-efficient services in the industry. The co-op will serve member-owners tirelessly and enhance their lives and communities. Our vision is that the co-op will commit to being one of our member-owners most trusted service providers and most admired by its peers. Roanoke connect holdings, llc dba fybe: https://www.gofybe.com/about-us/who-is-fybe/ enabling every person and organization in rural north carolina to achieve their full potential and thrive in this digital age with the highest quality, most reliable high-speed fiber-optic services.

As stated on its FY2025 Form 990.

Programs

On its FY2025 return the organization reported a significant change in how it conducts a program.

The corporation ceased its telecommunications operations effective july 31, 2025 by transferring title to certain fiber related inventory and customer premises equipment in exchange for an installment note from encore connects (encore), a 501c3 organization.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.

    $61,100,629 spent
    90% of program spending
  2. To provide the best possible broadband service to all who desire it at a reasonable cost consistent with the highest standards of service.

    $6,418,833 spent
    10% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $67,519,462.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($36M) Expenses 100 ($36M) Net assets 100 ($41M)2018 Revenue 112 ($40M) Expenses 112 ($40M) Net assets 104 ($42M)2019 Revenue 122 ($44M) Expenses 122 ($44M) Net assets 113 ($46M)2020 Revenue 113 ($40M) Expenses 113 ($40M) Net assets 117 ($48M)2021 Revenue 116 ($41M) Expenses 115 ($41M) Net assets 119 ($49M)2022 Revenue 142 ($51M) Expenses 142 ($51M) Net assets 121 ($49M)2023 Revenue 129 ($46M) Expenses 138 ($49M) Net assets 115 ($47M)2024 Revenue 160 ($57M) Expenses 173 ($62M) Net assets 125 ($51M)2025 Revenue 177 ($63M) Expenses 189 ($68M) Net assets 131 ($53M)
'17'18'19'20'21'22'23'24'25
Revenue (177)Expenses (189)Net assets (131)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $148M to $193M (+30%).

$97M
$100M
$113M
$124M
$130M
$148M
$193M
$218M
$223M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$0
’17
$0
’18
$0
’19
$60k
’20
$112k
’21
$98k
’22
−$3.1M
’23
−$4.5M
’24
−$4.1M
’25
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Allen Speller

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151415151515151517
Joined·+0+2+1+1+4+2+1+3
No longer listed·11114211
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of ROANOKE ELECTRIC MEMBERSHIP CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ROANOKE ELECTRIC MEMBERSHIP CORPORATION draws 100% of its grant income from funders outside North Carolina, across 1 state in all.

VA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding ROANOKE ELECTRIC MEMBERSHIP CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.

Federal$100k
grants $100kcontracts $0
Top agencies
  • Department of Agriculture$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ROANOKE ELECTRIC MEMBERSHIP CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 4 related entities

  • Roanoke Connect Holdings LLC · disregarded
  • Roanoke Economic Development Inc · exempt
  • Roanoke Electric Care Trust Inc · exempt
  • Roanoke Energy Resources Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for ROANOKE ELECTRIC MEMBERSHIP CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ROANOKE ELECTRIC MEMBERSHIP CORPORATION?
ROANOKE ELECTRIC MEMBERSHIP CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $69,285 to it, the largest being UNITED WAY OF GREATER RICHMOND & PETERSBURG ($69,285). 0 of them have funded it in more than one year.
How many funders does ROANOKE ELECTRIC MEMBERSHIP CORPORATION have?
IRS filings report 1 organization giving $69,285 in grants to ROANOKE ELECTRIC MEMBERSHIP CORPORATION.
Who is the largest funder of ROANOKE ELECTRIC MEMBERSHIP CORPORATION?
UNITED WAY OF GREATER RICHMOND & PETERSBURG is the largest funder on record, with $69,285 in grants. The full list of funders is on this page.
How can an organization like ROANOKE ELECTRIC MEMBERSHIP CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Roanoke Electric Membership →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing