Program areas at Shenandoah Valley Electric Cooperative
Provide reliable and safe Electric service at the best possible value within our communities, consistent with sound management and Cooperative principles. The three largest program services as measured by expenses were as follows: cost of power 184,317,504 other salaries and wages 22,776,825 depreciation expense 20,885,459
Who funds Shenandoah Valley Electric Cooperative
Grants from foundations and other nonprofits
Personnel at Shenandoah Valley Electric Cooperative
Name | Title | Compensation | Date of data |
---|
Greg Rogers | Chief Executive Officer / Vice President and Chief Operations Officer Electric Utility Experience | $164,128 | 2022-07-29 |
Gregory S Rogers | President and Chief Executive Officer | $399,682 | 2023-11-03 |
Wayne D Hannah | Vice President and Chief Informaiton Officer / Vice President and Chief Information Officer Electric Utility Experience / Vice President It / Vice President Information Technology | $237,105 | 2022-12-31 |
J. Michael Aulgur | Vice President and Chief Financial and Strategy Officer Electric Utility Experience / Vice President and Chief Administrative Officer Electric Utility Experience | | 2022-07-29 |
Tony Dean | Vice President of Operations Electric Utility Experience | $164,328 | 2022-07-29 |
...and 14 more key personnel |
Financials for Shenandoah Valley Electric Cooperative
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $0 | $3,967,000 | -100% |
Program services | $274,494,342 | $235,245,414 | 16.7% |
Investment income and dividends | $1,212,976 | $251,402 | 382.5% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $1,230,193 | $1,323,629 | -7.1% |
Net gain from sale of non-inventory assets | $68,491 | $-36,199 | 289.2% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $277,006,002 | $240,751,246 | 15.1% |
Organizations like Shenandoah Valley Electric Cooperative
Organization | Type | Location | Revenue |
---|
Adams Electric Cooperative | 501(c)(12) | Gettysburg, PA | $72,052,590 |
Delaware Electric Cooperative | 501(c)(12) | Greenwood, DE | $226,822,126 |
Powell Valley Electric Cooperative | 501(c)(12) | New Tazewell, TN | $78,219,772 |
Magic Valley Electric Cooperative | 501(c)(12) | Mercedes, TX | $320,139,415 |
Santee Electric Cooperative | 501(c)(12) | Kingstree, SC | $137,026,293 |
Brunswick Electric Membership Corporation | 501(c)(12) | Shallotte, NC | $218,662,307 |
West Kentucky Rural Electric Cooperative Corporation | 501(c)(12) | Mayfield, KY | $101,104,837 |
Southside Electric Cooperative | 501(c)(12) | Crewe, VA | $143,326,007 |
Central Texas Electric Cooperative | 501(c)(12) | Fredericksburg, TX | $70,828,639 |
Central Valley Electric Cooperative | 501(c)(12) | Artesia, NM | $89,450,287 |
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 11 new vendors, including , , , , , , , , , , and
July 11, 2023
Used new vendors
Identified 4 new vendors, including , , , and
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 180 Oakwood Dr
- Rockingham, VA 22801
- Metro area
- Harrisonburg, VA
- County
- Rockingham County, VA
- Website URL
- svec.coop/Â
- Phone
- (540) 434-2200
IRS details
- EIN
- 54-0377465
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1936
- 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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