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EIN 54-0377465

Shenandoah Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
261
City
Rockingham
State
Virginia
Year formed
1936
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Shenandoah Valley Electric Cooperative ensures the safe and effective distribution of electricity to its members. Three of its largest program expenses include cost of power at $180,537,126, depreciation expense at $19,030,385, and other salaries and wages at $21,502,153.
Total revenues
$293,135,758
2023
Total expenses
$288,336,265
2023
Total assets
$614,582,746
2023
Num. employees
261
2023

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 199,582,842 other salaries and wages 23,530,647 depreciation expense 20,220,265

Who funds Shenandoah Valley Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$80,824

Financials for Shenandoah Valley Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$287,977,406
Investment income and dividends$3,300,977
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,545,928
Net gain from sale of non-inventory assets$311,447
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$293,135,758

Organizations like Shenandoah Valley Electric Cooperative

OrganizationLocationRevenue
Santee Electric CooperativeKingstree, SC$135,947,346
Southside Electric CooperativeCrewe, VA$136,136,571
Central Texas Electric CooperativeFredericksburg, TX$81,587,002
Powell Valley Electric CooperativeNew Tazewell, TN$74,424,587
Upper Cumberland Electric Membership Corporation (UCEMC)Carthage, TN$128,247,752
Brunswick Electric Membership CorporationShallotte, NC$218,088,595
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$98,162,277
Dairyland Power CooperativeLa Crosse, WI$494,461,937
4-County Electric Power AssociationColumbus, MS$148,210,600
South Central Power CompanyLancaster, OH$368,883,157
Data update history
April 24, 2025
Received grants
Identified 1 new grant, including a grant for $80,824 from United Way of Greater Richmond and Petersburg
December 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 2 new personnel
November 27, 2024
Used new vendors
Identified 1 new vendor, including
September 24, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
180 Oakwood Dr
Rockingham, VA 22801
Metro area
Harrisonburg, VA
County
Rockingham County, VA
Website URL
svec.coop/ 
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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