NonprofitsOld Dominion Electric Cooperative

Old Dominion Electric Cooperative

GLEN ALLEN, VA

Total revenue

$1.1B

Total expenses

$1.1B

Net assets

$500.4M

Grants received

EIN

237048405

Tax year

2024

Mission

Provide wholesale power to member cooperatives

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1B
Investment income$23.5M
Other revenue$230K
Total revenue$1.1B

Expenses

Grants paid$238K
Salaries & benefits$22.6M
Fundraising
Other expenses$1.1B
Total expenses$1.1B
Total assets$2.2B
Net assets$500.4M

People

36 listed

NameRoleCompensation

JOHN C LEE JR

PRESIDENT & CEO

Board

$1.6M

40 hrs/wk

BRYAN S ROGERS

SR. VP & CFO

Board

$536K

40 hrs/wk

KIRK D JOHNSON

SR VP MEMBER ENGAGEMENT-ENDED 11/24

Board

$501K

40 hrs/wk

CHRISTOPHER F COSBY

CHIEF OPERATING OFFICER

Board

$489K

40 hrs/wk

JOHN M ROBB

SVP CHIEF LEGAL OFFICER

Board

$350K

40 hrs/wk

MICHAEL C WISE

SR. VP POWER SUPPLY

Board

$269K

40 hrs/wk

PAUL H BROWN

BOARD MEMBER

Board

$53K

9 hrs/wk

MICHAEL K BROWN

BOARD MEMBER

Board

$53K

6 hrs/wk

JOHN J BURKE JR

BOARD MEMBER

Board

$52K

6 hrs/wk

KEITH L SWISHER

BOARD MEMBER

Board

$52K

6 hrs/wk

SUZANNE S OBENSHAIN

BOARD MEMBER

Board

$51K

6 hrs/wk

CHAD N FOWLER

BOARD MEMBER

Board

$51K

6 hrs/wk

E GARRISON DRUMMOND

BOARD MEMBER

Board

$51K

6 hrs/wk

JESSE R THOMAS

BOARD MEMBER

Board

$50K

6 hrs/wk

HUNTER R GREENLAW JR

BOARD MEMBER - ENDED 9/15/24

Board

$40K

6 hrs/wk

EARL C CURRIN JR

BOARD MEMBER - ENDED 8/19/24

Board

$34K

7 hrs/wk

DAVID J JONES

BOARD MEMBER - ENDED 07/30/24

Board

$30K

6 hrs/wk

FRANKLIN B MYERS

BOARD MEMBER - STARTED 07/30/24

Board

$26K

6 hrs/wk

WILLIAM T WHITE

BOARD MEMBER - STARTED 10/08/24

Board

$14K

6 hrs/wk

ANDREW VEHORN

SR VP MEMBER ENGAGEMENT-START 12/24

Board

$7K

40 hrs/wk

STEVE A HARMON

CHAIRMAN

Board

6 hrs/wk

SARAT K YELLEPEDDI

BOARD MEMBER

Board

6 hrs/wk

BELVIN WILLAMSON JR

BOARD MEMBER

Board

6 hrs/wk

CASEY J LOGAN

BOARD MEMBER - STARTED 03/12/24

Board

6 hrs/wk

JASON C LOEHR

BOARD MEMBER

Board

6 hrs/wk

BRADLEY H HICKS

BOARD MEMBER

Board

6 hrs/wk

JOHN D HEWA JR

BOARD MEMBER

Board

6 hrs/wk

WILLIAM K BUCHANAN

BOARD MEMBER

Board

6 hrs/wk

GREGORY S ROGERS

SECRETARY/TREASURER

Board

6 hrs/wk

ROBERT A BOOK II

BOARD MEMBER

Board

6 hrs/wk

MICHEAL E MALANDRO

VICE CHAIRMAN

Board

6 hrs/wk

DANIEL B KLOSE

VP POWER SUPPLY

Staff

$280K

40 hrs/wk

WILIAM J PEZALLA

VP REGULATORY AFFAIRS

Staff

$243K

40 hrs/wk

LYNN A MALONEY

VP INVESTOR RELATIONS

Staff

$242K

40 hrs/wk

KEVIN C MILLER

VP ENGINEERING

Staff

$241K

40 hrs/wk

RUCHIRA R LALWANEY

VP IT

Staff

$239K

40 hrs/wk

Independent contractors

MITSUBISHI POWER AMERICAS INC

POWER PLANT EQUIPMENT REPAIR

$9.0M

GE VERNOVA INTERNATIONAL LLC

POWER PLANT EQUIPMENT INSTALLATION

$7.1M

MD&A-MECHANICAL DYNAMICS & ANALYSIS

ENGINEERING SERVICES

$2.8M

ACES POWER MARKETING

ENERGY MANAGEMENT

$2.6M

JOHN C LEE JR

MANAGEMENT CONSULTING (PRESIDENT & CEO)

$1.6M

Details

EIN237048405
Subsection12
Ruling date1971-01
Formed1948
Employees151
Volunteers0
OLD DOMINION ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo