EIN 54-0164798

Central Virginia Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
127
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
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
$114,615,100
2023
Total expenses
$114,878,608
2023
Total assets
$454,408,898
2023
Num. employees
127
2023

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 65,979,616 other salaries and wages 14,015,927 interest 11,356,500

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$88,910

Personnel at Central Virginia Electric Cooperative

NameTitleCompensation
Gary E WoodPresident and Chief Executive Officer$733,485
Bruce MaurhoffExecutive Vice President and Chief Operating Officer
Tina MalliaExecutive Vice President and Chief Financial Officer$377,059
Jay PalmerVice President of Operations
Ryan DickersonVice President of Accounting and Finance
...and 13 more key personnel

Financials for Central Virginia Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$105,290,865
Investment income and dividends$295,180
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$268,230
Net gain from sale of non-inventory assets$153,195
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,607,630
Total revenues$114,615,100

Form 990s for Central Virginia Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-22990View PDF
2022-122023-11-15990View PDF
2021-122022-11-12990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Central Virginia Electric Cooperative

OrganizationLocationRevenue
Jackson County Rural Electric Membership CorporationBrownstown, IN$81,164,964
Midwest EnergyHays, KS$247,394,171
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Blue Grass Energy Cooperative CorporationNicholasville, KY$151,939,523
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Southern Maryland Electric CooperativeHughesville, MD$482,120,622
Southside Electric CooperativeCrewe, VA$143,326,007
Copper Valley Electric AssociationGlennallen, AK$30,444,676
Tideland Electric Membership CorporationPantego, NC$52,378,506
Salt River Electric CooperativeBardstown, KY$134,671,914
Data update history
October 2, 2024
Updated personnel
Identified 6 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $88,910 from United Way of Greater Richmond and Petersburg
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
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
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