NonprofitsCentral Virginia Electric Cooperative

Central Virginia Electric Cooperative

LOVINGSTON, VA

Total revenue

$124.8M

Total expenses

$123.3M

Net assets

$85.4M

Grants received

EIN

540164798

Tax year

2024

Mission

Safe and effective delivery of electricity to the members of central virginia electric cooperative.

Financials

FY 2024

Revenue

Contributions & grants$3.9M
Program service revenue$108.1M
Investment income$1.2M
Other revenue$11.6M
Total revenue$124.8M

Expenses

Grants paid
Salaries & benefits$20.7M
Fundraising
Other expenses$100.5M
Total expenses$123.3M
Total assets$481.7M
Net assets$85.4M

People

19 listed

NameRoleCompensation

GARY E WOOD

PRESIDENT &

Board

$703K

50 hrs/wk

CHARLES MAURHOFF

COO

Board

$425K

50 hrs/wk

TINA M MALLIA

CFO

Board

$403K

50 hrs/wk

GEORGE GOIN

DIRECTOR

Board

$35K

8 hrs/wk

BRIAN BATES

SECRETARY

Board

$33K

8 hrs/wk

HT BROWN JR

CHAIRMAN

Board

$32K

8 hrs/wk

FRANK BABER III

VICE-CHAIRMA

Board

$30K

8 hrs/wk

JACE GOODLING

TREASURER

Board

$29K

8 hrs/wk

ROBERTA HARLOWE

DIRECTOR

Board

$29K

8 hrs/wk

R KINCKLE ROBINSON

DIRECTOR

Board

$28K

8 hrs/wk

LISA S JACKSON

DIRECTOR

Board

$22K

8 hrs/wk

FRANCIS CARUCCIO

DIRECTOR

Board

$21K

8 hrs/wk

HENRY CHILES

FORMER DIREC

Board

$9K

8 hrs/wk

GLORIA W VEST

FORMER DIREC

Board

$2K

8 hrs/wk

MELISSA GAY

MEMBER SVCS

Staff

$273K

40 hrs/wk

LYNNE BEARDSLEY

HR MANAGER

Staff

$241K

40 hrs/wk

MATTHEW WOOD

INFO TECH MG

Staff

$240K

40 hrs/wk

JASON PALMER

OPERATIONS M

Staff

$223K

40 hrs/wk

CHARLES WARD

ENG SVCS MAN

Staff

$219K

40 hrs/wk

Independent contractors

N AND S CONSTRUCTION INC

CONSTRUCTION

$2.6M

CAROLINA POWER AND SIGNALIZATION

CONSTRUCTION

$2.2M

XYLEM TREE EXPERTS

R/W TRIMMING

$2.0M

G D FERGUSON CO INC

R/W TRIMMING

$1.1M

BOOTH & ASSOCIATES INC

ENGINEERING

$961K

Details

EIN540164798
Subsection12
Ruling date1939-03
Formed1937
Employees128
CENTRAL VIRGINIA ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo