1. Directory
  2. Virginia
  3. Lovingston
  4. Central Virginia Electric Cooperative
EIN 54-0164798

Central Virginia Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
125
City
Lovingston
State
Virginia
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Central Virginia Electric Cooperative delivers electricity to its members safely and effectively. Its mission is to ensure the safe and effective distribution of electricity to all its members. The three largest program services are cost of power, other salaries and wages, and depreciation.
Total revenues
$116,679,749
2022
Total expenses
$116,772,407
2022
Total assets
$421,331,985
2022
Num. employees
125
2022

Program areas at Central Virginia Electric Cooperative

Safe and effective distribution of electricity to the members of Central Virginia Electric Cooperative. The three largest program services as measured by expenses are as follows: cost of power 65,958,851 other salaries and wages 13,390,921 depreciation 8,701,645

Who funds Central Virginia Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$67,069

Personnel at Central Virginia Electric Cooperative

NameTitleCompensation
Gary E WoodPresident and Chief Executive Officer$655,359
Bruce MaurhoffSenior Vice President and Chief Operating Officer
Charles MaurhoffVice President Operations and Eng.$326,218
Jason PalmerOperations Manager$195,111
Ryan DickersonFinance and Accounting Manager
...and 9 more key personnel

Financials for Central Virginia Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,016,967
Program services$110,043,200
Investment income and dividends$143,247
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$269,022
Net gain from sale of non-inventory assets$100,339
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,106,974
Total revenues$116,679,749

Form 990s for Central Virginia Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-12990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s

Organizations like Central Virginia Electric Cooperative

OrganizationLocationRevenue
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
Midwest EnergyHays, KS$247,394,171
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Jackson County Rural Electric Membership CorporationBrownstown, IN$71,731,324
Energyunited Electric Membership CorporationStatesville, NC$283,002,756
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Tideland Electric Membership CorporationPantego, NC$52,138,305
Southside Electric CooperativeCrewe, VA$143,326,007
East Mississippi Electric Power AssociationMeridian, MS$82,434,057
Data update history
December 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 247
Lovingston, VA 22949
Metro area
Charlottesville, VA
County
Nelson County, VA
Website URL
mycvec.com/ 
Phone
(434) 263-8336
IRS details
EIN
54-0164798
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
Free account sign-up

Want updates when Central Virginia Electric Cooperative has new information, or want to find more organizations like Central Virginia Electric Cooperative?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy