South River Electric Membership Corporation
Revenue
$127.6m
year to 31 December 2025
Expenses
$126.8m
year to 31 December 2025
Total assets
$341.8m
$209m liabilities
Net assets
$132.8m
assets less liabilities
Directors and trustees
10
7.9 years on average
Staff
125
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
9
named in Part VII
South River Electric Membership Corporation's network
10 people2 organisationsi10 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (2) 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
10 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 |
|---|---|---|---|
| Clarence Wayne Collier JR | Director | 2018 | 8 yrs |
| Clifton McNeill JR | Director | 2018 | 8 yrs |
| Dorcas A Fisher | Director | 2018 | 8 yrs |
| Dr E Sue Godwin-Baker | President | 2018 | 8 yrs |
| George B Williams | Treasurer | 2018 | 8 yrs |
| James W Simmons | Director | 2018 | 8 yrs |
| Jeffrey Martin | Director | 2018 | 8 yrs |
| Kayla R Bartley | Director | 2023 | 3 yrs |
| Kelly Harrington | Vice Preside | 2018 | 8 yrs |
| Sue R Flowers | Company secretary | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
9 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 |
|---|---|---|
| Andrew A Hardy | CFO | since 2018 |
| Barbara West-Lee | VP of Corpor | since 2021 |
| Catherine O'Dell | VP of Member | since 2018 |
| Christopher M Spears | Executive VP | since 2018 |
| David E Akers | VP of Operat | since 2018 |
| David L Larson JR | Supervisor L | 2023 |
| John Timothy Peede | VP of Info T | since 2018 |
| Larry C Richardson JR | VP of Engine | since 2018 |
| Steven K Holmes | Supervisor L | 2023 |
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 |
|---|---|---|---|---|---|
| Christopher M Spears | Executive VP | 52 | $530k | $120k | |
| Andrew A Hardy | CFO | 50 | $244k | $84k | |
| Catherine O'dell | VP of Member | 44 | $233k | $80k | |
| David Keith | VP of Eng/Op | 50 | $227k | $85k | |
| Andrew Radford | VP - It | 45 | $225k | $76k | |
| Pam Carter | VP of Corpor | 50 | $186k | $71k | |
| Clarence Wayne Collier Jr | President | 3.7 | $21k | ||
| George B Williams | Treasurer | 3.6 | $19k | ||
| Rhonda Autry | Director | 3 | $19k | ||
| Kelly Harrington | Vice Preside | 3.8 | $19k | ||
| James W Simmons | Director | 3 | $19k | ||
| Sue R Flowers | Secretary | 3.2 | $19k | ||
| Kayla R Bartley | Director | 2.9 | $18k | ||
| Dr E Sue Godwin-Baker | Director | 2.9 | $18k | ||
| Jeffrey Martin | Director | 2.5 | $17k |
About
- Legal name
- South River Electric Membership Corporation
- EIN
- 560405464
- Address
- Po Box 931, Dunn, NC, 28335-0931
- State
- North Carolina
- Mission
- South river electric membership corporation (south river) is a premier locally-owned and operated electric cooperative with a mission to provide safe, reliable, competitively-priced electricity. South river is committed to achieving excellence and empowering its members. South river is dedicated to high standards of performance and integrity. The cooperative's number one priority is its... (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
- 1940
- Principal officer
- Christopher M Spears (as named on the Form 990)
- IRS ruling date
- 1 March 1961
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2023
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsClarence Wayne Collier JR
≥8years on the filingsClifton McNeill JR
≥8years on the filingsDorcas A Fisher
≥8years on the filingsDr E Sue Godwin-Baker
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
- $341.8m
- Total liabilities
- $209m
- Net assets or fund balances
- $132.8m
- Contributions and grants received
- $0
- Program service revenue
- $127.5m
- Employees
- 125