South River Electric Membership Corporation Revenue and Competitors

Dunn, NC USA

Location

N/A

Total Funding

Utilities

Industry

Estimated Revenue & Valuation

  • South River Electric Membership Corporation's estimated annual revenue is currently $12.9M per year.(i)
  • South River Electric Membership Corporation's estimated revenue per employee is $198,000

Employee Data

  • South River Electric Membership Corporation has 65 Employees.(i)
  • South River Electric Membership Corporation grew their employee count by 5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$4.5M297%N/AN/A
#2
$0.6M5-29%N/AN/A
#3
$114.7M417N/AN/AN/A
#4
$18.7M85-2%N/AN/A
#5
$6.2M356%N/AN/A
#6
$47.4M1965%N/AN/A
#7
$20.9M95-3%N/AN/A
#8
$35.6M14773%N/AN/A
#9
$5.8M336%N/AN/A
#10
$14.5M7311%N/AN/A
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What Is South River Electric Membership Corporation?

South River Electric Membership Corporation is an electric distribution cooperative whose headquarters is in Dunn, North Carolina. The Cooperative also has a District Operations Center in Fayetteville, North Carolina for the convenience of our membership. Our Cooperative serves over 43,000 consumer/members in Harnett, Cumberland, Sampson, Johnston and Bladen counties. South River EMC has 114 employees and is owned and operated by the consumer/members who use its services. The company is managed by CEO & Executive Vice President Chris Spears. A slate of nine directors is elected by the members at the annual meeting on the basis of one vote per member. Directors serve three-consecutive-year term before being eligible for re-election. South River EMC is a not-for-profit organization. The cooperative's electric plant is valued in excess of $215 million. The cooperative has just over 4,569 miles of energized distribution and transmission lines, and 38 substations. Employee's, directors, and members of the nation's electric cooperatives are active participants of political action committees in order to actively take part in the political process, especially where the well-being of electric cooperatives and their members are concerned. South River EMC is a member of the North Carolina Electric Membership Corporation, the North Carolina Association of Electric Cooperatives, Tarheel Electric Membership Association and the National Rural Electric Cooperative Association. Our Mission: South River Electric Membership Corporation is a premier locally-owned and operated electric cooperative with a mission to provide safe, reliable, competitively-priced electricity. We are committed to achieving excellence and empowering our members. We are dedicated to high standards of performance and integrity. The cooperative's number one priority is our members. Our Vision: Achieving Excellence, Empowering Members.

keywords:N/A

N/A

Total Funding

65

Number of Employees

$12.9M

Revenue (est)

5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$13.5M660%N/A
#2
$19.1M109-4%N/A
#3
$34.6M128-7%N/A
#4
$44.8M1511%N/A
#5
$48.7M1640%N/A