North Carolina · Nonprofit
WAKE ELECTRIC MEMBERSHIP CORPORATION
WAKE ELECTRIC MEMBERSHIP CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $109,976 to it, the largest being NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION ($109,976). 1 of them have funded it in more than one year.
- Revenue FY2025
- $129M
- Funders on record
- 1
- Grants received
- $110k
- Net assets
- $124M
What Wake Electric Membership Corporation does
Mission
Wake electric provides reliable, safe, and affordable energy and related services. Wake electric operates as a cooperative business and continually improves its services to meet the needs of our members and enhance their quality of life. Wake electric operates a sustainable electric system. Sustainable means delivering affordable, increasingly clean electricity over a grid that is more efficient, resilient and capable of supporting new energy resources.
As stated on its FY2025 Form 990.
Program
N/a
The program described on its FY2025 Form 990.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $335M to $365M (+9%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
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.
Chief executive
James E Mangum Jr
CEO & gen. M
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $11k → $12k.
From the IRS filings of WAKE 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
100% of WAKE ELECTRIC MEMBERSHIP CORPORATION's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
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.
Organizations like WAKE 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 2 related entities
- Wake Electric Care Inc · exempt
- Triangle Services Group Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for WAKE 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.
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 WAKE ELECTRIC MEMBERSHIP CORPORATION?
- WAKE ELECTRIC MEMBERSHIP CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $109,976 to it, the largest being NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION ($109,976). 1 of them have funded it in more than one year.
- How many funders does WAKE ELECTRIC MEMBERSHIP CORPORATION have?
- IRS filings report 1 organization giving $109,976 in grants to WAKE ELECTRIC MEMBERSHIP CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of WAKE ELECTRIC MEMBERSHIP CORPORATION?
- NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION is the largest funder on record, with $109,976 in grants. The full list of funders is on this page.
- How can an organization like WAKE 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 Wake 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