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  4. Old Dominion Electric Cooperative
EIN 23-7048405

Old Dominion Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
149
City
Glen Allen
State
Virginia
Year formed
1948
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Old Dominion Electric Cooperative operates as public utilities, with its headquarters situated in Glen Allen, VA. The company earned a total revenue of $820,958,390 last year.
Total revenues
$1,091,559,152
2023
Total expenses
$1,086,139,052
2023
Total assets
$2,225,303,668
2023
Num. employees
149
2023

Program areas at Old Dominion Electric Cooperative

Old Dominion is a not-for-profit wholesale power supply Cooperative engaged in the business of providing wholesale Electric service to its member cooperatives.

Grants made by Old Dominion Electric Cooperative

GranteeGrant descriptionAmount
Bennett's VillageNew Park$25,000
Boys and Girls Club of Cecil CountyGeneral Support$18,000
Sport and Entertainment Corporation of MarylandMaryland 5 Star$10,000
...and 1 more grant made

Personnel at Old Dominion Electric Cooperative

NameTitleCompensation
John C LeeInterim President and Chief Executive Officer - Started 9 / Chairman of the Odec Board / Chairman / Board Member$244,500
Marcus HarrisPresident and Chief Executive Officer Odec$955,269
Chris CosbyChief Operating Officer
Bryan S. Rogers, CPASenior Vice President and Chief Financial Officer$359,292
Jack RobbSenior Vice President and Chief Legal Officer
...and 13 more key personnel

Financials for Old Dominion Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,082,203,815
Investment income and dividends$9,287,935
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,007
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$64,395
Total revenues$1,091,559,152

Form 990s for Old Dominion Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-12-20990OView PDF
...and 10 more Form 990s

Organizations like Old Dominion Electric Cooperative

OrganizationLocationRevenue
Chugach Electric AssociationAnchorage, AK$365,107,538
McKenzie Electric CooperativeWatford City, ND$441,740,325
Upper Missouri Power CooperativeSidney, MT$856,251,798
Lee County Electric Cooperative (LCEC)North Fort Myers, FL$608,109,826
Withlacoochee River Electric CooperativeDade City, FL$574,812,838
Middle Tennessee Electric Membership CorporationMurfreesboro, TN$897,322,235
Sawnee Electric Membership CorporationCumming, GA$448,226,229
Berkeley Electric CooperativeMoncks Corner, SC$437,149,733
Attn Michelle Fortner CFOMarietta, GA$472,050,608
Sumter Electric CooperativeSumterville, FL$482,988,385
Data update history
January 11, 2025
Used new vendors
Identified 3 new vendors, including , , and
November 26, 2024
Updated personnel
Identified 12 new personnel
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 3 new personnel
December 25, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPublic utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsPolitical advocacyState / local level
General information
Address
4201 Dominion Blvd Suite 300
Glen Allen, VA 23060
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
odec.com/ 
Phone
(804) 747-0592
IRS details
EIN
23-7048405
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1948
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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