EIN 54-0377465

Shenandoah Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
256
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
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
$277,006,002
2022
Total expenses
$273,064,407
2022
Total assets
$620,113,096
2022
Num. employees
256
2022

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
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$72,570

Personnel at Shenandoah Valley Electric Cooperative

NameTitleCompensation
Greg RogersChief Executive Officer / Vice President and Chief Operations Officer Electric Utility Experience$164,128
Gregory S RogersPresident and Chief Executive Officer$399,682
Wayne D HannahVice President and Chief Informaiton Officer / Vice President and Chief Information Officer Electric Utility Experience / Vice President It / Vice President Information Technology$237,105
J. Michael AulgurVice President and Chief Financial and Strategy Officer Electric Utility Experience / Vice President and Chief Administrative Officer Electric Utility Experience
Tony DeanVice President of Operations Electric Utility Experience$164,328
...and 15 more key personnel

Financials for Shenandoah Valley Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$274,494,342
Investment income and dividends$1,212,976
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,230,193
Net gain from sale of non-inventory assets$68,491
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$277,006,002

Form 990s for Shenandoah Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122022-11-14990View PDF
2020-122021-11-09990View PDF
2019-122021-06-25990View PDF
2018-122020-02-01990View PDF
...and 9 more Form 990s

Organizations like Shenandoah Valley Electric Cooperative

OrganizationLocationRevenue
Wake Electric Membership CorporationWake Forest, NC$104,928,493
San Bernard Electric CooperativeBellville, TX$107,023,324
Guadalupe Valley Electric CooperativeGonzales, TX$333,516,518
East Kentucky Power CooperativeWinchester, KY$1,267,806,504
Taylor Electric CooperativeMerkel, TX$72,269,537
Coserv ElectricCorinth, TX$826,144,853
Rock Energy CooperativeJanesville, WI$72,620,012
Farmers Electric CooperativeGreenville, TX$223,821,354
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Georgia Transmission CorporationTucker, GA$380,617,270
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/ 
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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