Piedmont Electric Membership Corp
Revenue
$83.1m
year to 31 December 2025
Expenses
$83.1m
year to 31 December 2025
Total assets
$275.9m
$195.3m liabilities
Net assets
$80.7m
assets less liabilities
Directors and trustees
9
6.5 years on average
Staff
96
employees, year to 31 December 2025
Chair observed
≥6 yrs
James Randy Kinley
Left since last filing
2
22% of the board
Piedmont Electric Membership Corp's network
9 people3 organisationsi9 people and 3 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (3) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| James Randy Kinley Chair | Chairman | 2018 | 8 yrs |
| Cyrus Vernon | Director | 2018 | 8 yrs |
| Darren Chalk | Director | 2024 | 2 yrs |
| David Poythress | Company secretary | 2018 | 8 yrs |
| Jimmy Thomas | Director | 2024 | 2 yrs |
| Richal Vanhook | Treasurer | 2018 | 8 yrs |
| Stephen Long | Director | 2018 | 8 yrs |
| Steven Bailey | Vice-Chairma | 2020 | 6 yrs |
| V Kay Scurlock-Ferguson | Director | 2021 | 5 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brandon Reed | MGR of MBR S | since 2018 |
| Jordan Overbee | President/Gm | 2024 |
| Lawrence Hopkins | VP - Enginee | since 2018 |
| Lisa Kennedy | VP Financial | since 2018 |
| Robert Riley | VP of Operat | since 2018 |
| Steve Hamlin | President/Gm | since 2018 |
| Susan Cashion | VP Compl. & | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Jordan Overbee | President/Gm | 50 | $306k | $58k | |
| Lisa Kennedy | VP Fin. SRVC | 50 | $254k | $83k | |
| Jarrod Kilgore | VP - Enginee | 50 | $213k | $47k | |
| Sarah Bohlin | VP - Corp. S | 50 | $187k | $34k | |
| Brandon Reed | MGR of MBR S | 50 | $175k | $67k | |
| Joe Hux | MGR of Opera | 50 | $168k | $24k | |
| James Randy Kinley | Chairman | 6.64 | $37k | ||
| V Kay Scurlock-Ferguson | Director | 7.3 | $37k | ||
| Jimmy Thomas | Director | 3.62 | $28k | ||
| Darren Chalk | Director | 4.25 | $28k | ||
| Stephen Long | Treasurer | 8.49 | $27k | ||
| Steven Bailey | Vice-Chairma | 3.17 | $26k | ||
| Cyrus Vernon | Director | 3.63 | $25k | ||
| David Poythress | Secretary | 3.58 | $24k | ||
| Kimberly Woods | Director (Ef | 3.07 | $20k | ||
| Richal Vanhook | Director (Th | 7.87 | $13k |
About
- Legal name
- Piedmont Electric Membership Corp
- EIN
- 560358446
- Address
- 2500 Hwy 86 S, Hillsborough, NC, 27278
- State
- North Carolina
- Mission
- To enhance the quality of life in our communities by empowering and partnering with our members. We strive to create superior value for our members in an ever changing energy environment. (as filed on the Form 990)
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 9 (IRS master file code)
- Formed
- 1938
- Principal officer
- Jordan Overbee (as named on the Form 990)
- IRS ruling date
- 1 March 1961
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsJames Randy Kinley
≥8years on the filingsCyrus Vernon
≥8years on the filingsDavid Poythress
≥8years on the filingsRichal Vanhook
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $275.9m
- Total liabilities
- $195.3m
- Net assets or fund balances
- $80.7m
- Contributions and grants received
- $0
- Program service revenue
- $82.7m
- Employees
- 96
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $79.6m | $79.6m | $0 |
As filed on the IRS Form 990. US dollars.