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EIN 54-0346866

Prince George Electric Cooperative (PGEC)

IRS 501(c) type
501(c)(12)
Num. employees
69
City
Waverly
State
Virginia
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
PGEC serves over 12,000 meters along 1,300 miles of power lines in 6 counties. Their members include residences, small and large businesses, large load commercial and industrial accounts, and agriculture as well as public schools and churches.
Total revenues
$54,391,598
2023
Total expenses
$48,721,481
2023
Total assets
$106,354,564
2023
Num. employees
69
2023

Program areas at PGEC

Sale and distribution of electricity to members.

Who funds Prince George Electric Cooperative (PGEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$11,451

Financials for PGEC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$52,294,474
Investment income and dividends$67,282
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,604,145
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$425,697
Total revenues$54,391,598

Organizations like PGEC

OrganizationLocationRevenue
Glacier Electric CooperativeCut Bank, MT$16,811,744
Covington Electric CooperativeAndalusia, AL$71,225,741
Blachly-Lane County Cooperative Electric AssociationEugene, OR$16,871,557
Upshur-Rural Electric Cooperative CorporationGilmer, TX$117,232,017
Midwest Energy CommunicationsCassopolis, MI$146,613,441
Heart of Texas Electric CooperativeMC Gregor, TX$73,385,808
Wood County Electric Cooperative (WCEC)Quitman, TX$94,472,029
United Electric CooperativeDu Bois, PA$34,454,895
Four County Electric Membership CorporationBurgaw, NC$109,316,259
Maquoketa Valley Rural Electric CooperativeAnamosa, IA$44,002,907
Data update history
April 24, 2025
Received grants
Identified 1 new grant, including a grant for $11,451 from United Way of Greater Richmond and Petersburg
August 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Updated personnel
Identified 2 new personnel
July 25, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $26,483 from United Way of Greater Richmond and Petersburg
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
7103 General Mahone Hwy
Waverly, VA 23890
Metro area
Richmond, VA
County
Sussex County, VA
Website URL
pgec.coop/ 
Phone
(804) 834-2424
Facebook page
Prince-George-Electric-Cooperative 
IRS details
EIN
54-0346866
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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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