EIN 54-0164798

Central Virginia Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
116
Year formed
1937
Most recent tax filings
2020-12-01
NTEE code, primary
Description
SAfe and effective DISTRIBUTION OF ELECTRICITY TO the members of Central Virginia Electric Cooperative. Safe and effective delivery of electricity to the members of Central Virginia Electric Cooperative.
Total revenues
$96,315,447
2020
Total expenses
$92,689,204
2020
Total assets
$323,331,831
2020
Num. employees
116
2020

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 59,511,669 other salaries and wages 8,881,240 depreciation 8,233,951

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$58,415
Federal funding details
Federal agencyProgram nameAmount
Department of Homeland SecurityDEPARTMENT OF HOMELAND SECURITY$948,578

Personnel at Central Virginia Electric Cooperative

NameTitleCompensation
Gary WoodPresident and Chief Executive Officer$488,867
Bruce MaurhoffSenior Vice President and Chief Operating Officer
Tina MalliaVice President and Chief Financial Officer$251,694
Jay PalmerOperations Manager
Ryan DickersonFinance and Accounting Manager
...and 10 more key personnel

Financials for Central Virginia Electric Cooperative

RevenuesFYE 12/2020
Total grants, contributions, etc.$1,945,799
Program services$89,089,880
Investment income and dividends$1,234,002
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$236,108
Net gain from sale of non-inventory assets$-32,073
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,841,731
Total revenues$96,315,447

Form 990s for Central Virginia Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-25990View PDF
2018-122020-02-14990View PDF
2017-122018-12-22990View PDF
2016-122018-01-18990View PDF
2015-122017-04-10990OView PDF
...and 6 more Form 990s

Organizations like Central Virginia Electric Cooperative

OrganizationLocationRevenue
Vermont Electric CooperativeJohnson, VT$85,903,869
Georgia Transmission CorporationTucker, GA$350,702,196
Powder River Energy CorporationSundance, WY$164,999,616
South Plains Electric CooperativeLubbock, TX$149,006,332
Choptank Electric CooperativeDenton, MD$137,390,491
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$141,721,140
Rappahannock Electric Cooperative (REC)Fredericksburg, VA$426,168,943
Southern Maryland Electric Cooperative (SMECO)Hughesville, MD$421,088,627
Pennyrile Rural Electric Cooperative CorporationHopkinsville, KY$133,921,505
Alaska Village Electric CooperativeAnchorage, AK$67,705,990
Data update history
February 17, 2022
Updated personnel
Identified 2 new personnel
October 14, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 2, 2021
Used new vendors
Identified 2 new vendors, including , and
June 17, 2021
Received grants
Identified 1 new grant, including a grant for $58,415 from United Way of Greater Richmond and Petersburg
May 2, 2021
Posted financials
Added Form 990 for fiscal year 2018
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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