EIN 54-0164798

Central Virginia Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
120
Year formed
1937
Most recent tax filings
2019-12
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.

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

Form 990s for Central Virginia Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-122020-02-14990View PDF
2017-122018-12-22990View PDF
2016-122018-01-18990View PDF
2015-122017-04-10990OView PDF
2014-122015-10-09990OView PDF
...and 5 more Form 990s

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

Financials for Central Virginia Electric Cooperative

RevenuesFYE 12/2019
Total grants, contributions, etc.$15,531
Program services$97,606,622
Investment income and dividends$385,854
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$221,434
Net gain from sale of non-inventory assets$49,578
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-581,908
Total revenues$97,697,111

Personnel at Central Virginia Electric Cooperative

NameTitleCompensation
Gary WoodPresident and Chief Executive Officer$414,617
Melissa GayPresident and Chief Executive Officer V
Bruce MaurhoffSenior Vice President and Chief Operating Officer
 Subscribe to viewVice President and Chief Financial Officer$191,876
 Subscribe to viewVice President Oper and Eng.$190,659
...and 11 more key personnel

Organizations like Central Virginia Electric Cooperative

OrganizationLocationRevenue
North Arkansas Electric Cooperative (NAEC)Salem, AR$62,705,947
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$142,800,980
Gibson Electric MembershipTrenton, TN$99,038,810
Energyunited Electric Membership CorporationStatesville, NC$286,589,142
Southern Maryland Electric CooperativeHughesville, MD$459,796,369
East Mississippi Electric Power AssociationMeridian, MS$83,206,607
Choptank Electric CooperativeDenton, MD$149,707,367
Cullman Electric CooperativeCullman, AL$117,305,438
Powder River Energy CorporationSundance, WY$184,204,500
South Plains Electric CooperativeLubbock, TX$150,898,523
Arkansas Valley Electric Cooperative CorporationOzark, AR$127,453,186
Prairie Energy CooperativeClarion, IA$32,220,863
Sulphur Springs Valley Electric CooperativeWillcox, AZ$113,795,187
Alaska Village Electric CooperativeAnchorage, AK$70,489,926
Vermont Electric CooperativeJohnson, VT$85,903,869
Georgia Transmission CorporationTucker, GA$350,702,196
Midwest EnergyHays, KS$210,845,368
Bluebonnet Electric CooperativeBastrop, TX$223,080,010
Pearl River Valley Electric Power AssociationColumbia, MS$128,844,422
Corn Belt Power CooperativeHumboldt, IA$172,265,430
Kay Electric CooperativeBlackwell, OK$34,475,847
The Victory Electric Cooperative AssociationDodge City, KS$69,729,714
Pennyrile Rural Electric Cooperative CorporationHopkinsville, KY$129,860,794
Dixie Electric Membership CorporationBaton Rouge, LA$213,360,066
Rappahannock Electric CooperativeFredericksburg, VA$471,748,644
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$97,697,111
2019
Yearly growth
2.9%
% of revenues
n/a
Total expenses
$98,244,261
2019
Yearly growth
3.5%
% of expenses
n/a
Total assets
$256,934,438
2019
Yearly growth
22.4%
% of assets
n/a
Num. employees
120
2019
Yearly growth
-2.4%
% of total
n/a
General information
Address
PO Box 247
Lovingston, VA 22949
Metro area
Charlottesville, 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