Central Virginia Electric Cooperative

Lovingston, VA
Tax-exempt since March 1939
EIN: 54-0164798

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$115M (2023)

Expenses

$115M (2023)

Total Assets

$454M (2023)

Total Liabilities

$373M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$114,615,100

Expenses

$114,878,608

Net Income

-$263,508

Net Assets

$81,780,435

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$105,290,865	91.9%
Investment Income	$295,180	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$268,230	0.2%
Net Fundraising	$0
Sales of Assets	$153,195	0.1%
Net Inventory Sales	$0
Other Revenue	$8,607,630	7.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,029,142	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,015,927	12.2%

Assets/Debt
Total Assets	$454,408,898
Total Liabilities	$372,628,463
Net Assets	$81,780,435

Club or Co-Op Income
Income From Members	$104,179,302
Income From Other Sources	$11,895,865

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$733,485	$0	$80,203
Charles Maurhoff (Coo)	$420,266	$0	$74,201
Tina M Mallia (Cfo)	$377,059	$0	$71,228
Melissa Gay (Member Svcs)	$270,938	$0	$58,431
Matthew Wood (Info Tech Mg)	$238,659	$0	$55,306
Lynne Beardsley (Hr Manager)	$230,161	$0	$55,666
Jason Palmer (Operations M)	$218,759	$0	$55,383
Charles Ward (Eng Svcs Man)	$197,553	$0	$61,431
Gloria W Vest (Director)	$31,300	$0	$0
Brian Bates (Secretary)	$31,050	$0	$0
Frank Baber Iii (Vice Chairma)	$31,050	$0	$0
Ht Brown Jr (Chairman)	$31,050	$0	$0
Roberta Harlowe (Director)	$30,800	$0	$0
George Goin (Director)	$30,050	$0	$0
Jace Goodling (Treasurer)	$30,050	$0	$0
R Kinckle Robinson (Director)	$29,550	$0	$0
Henry Chiles (Director)	$27,800	$0	$0

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990

Filed on Oct. 22, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$116,679,749

Expenses

$116,772,407

Net Income

-$92,658

Net Assets

$80,025,341

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,016,967	0.9%
Program Services	$110,043,200	94.3%
Investment Income	$143,247	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$269,022	0.2%
Net Fundraising	$0
Sales of Assets	$100,339	0.1%
Net Inventory Sales	$0
Other Revenue	$5,106,974	4.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,736,606	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,390,921	11.5%

Assets/Debt
Total Assets	$421,331,985
Total Liabilities	$341,306,644
Net Assets	$80,025,341

Club or Co-Op Income
Income From Members	$108,782,872
Income From Other Sources	$8,063,034

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$655,359	$0	$74,620
Charles Maurhoff (Vp Oper. & E)	$326,218	$0	$74,605
Tina M Mallia (Vice Preside)	$291,070	$0	$66,584
Melissa Gay (Member Svcs)	$229,099	$0	$52,925
Matthew Wood (Info Tech Mg)	$205,902	$0	$52,014
Lynne Beardsley (Hr Manager)	$202,210	$0	$52,643
Jason Palmer (Operations M)	$195,111	$0	$43,643
Charles Ward (Eng Svcs Man)	$188,066	$0	$59,523
George Goin (Director)	$28,350	$0	$0
Ht Brown Jr (Director)	$28,100	$0	$0
Gloria W Vest (Director)	$28,100	$0	$0
Roberta Harlowe (Vice Chairma)	$27,850	$0	$0
Frank Baber Iii (Secretary)	$27,600	$0	$0
Jace Goodling (Director)	$27,350	$0	$0
Brian Bates (Treasurer)	$27,100	$0	$0
Henry Chiles (Director)	$26,850	$0	$0
R Kinckle Robinson (Chairman)	$26,850	$0	$0

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990

Filed on Nov. 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$102,220,456

Expenses

$102,417,904

Net Income

-$197,448

Net Assets

$75,417,363

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$600,000	0.6%
Program Services	$98,548,710	96.4%
Investment Income	$341,962	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$288,985	0.3%
Net Fundraising	$0
Sales of Assets	$89,728	0.1%
Net Inventory Sales	$0
Other Revenue	$2,351,071	2.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,643,864	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$10,134,490	9.9%

Assets/Debt
Total Assets	$375,858,912
Total Liabilities	$300,441,549
Net Assets	$75,417,363

Club or Co-Op Income
Income From Members	$97,659,569
Income From Other Sources	$3,347,076

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$606,551	$0	$71,331
Charles Maurhoff (Vp Oper. & E)	$308,879	$0	$67,701
Tina M Mallia (Vice Preside)	$276,149	$0	$63,103
Melissa Gay (Member Svcs)	$220,098	$0	$41,173
Matthew Wood (Info Tech Mg)	$202,119	$0	$49,804
Lynne Beardsley (Hr Manager)	$200,638	$0	$50,494
Charles Ward (Eng Svcs Man)	$183,351	$0	$57,089
Jason Palmer (Operations M)	$180,804	$0	$40,887
George Goin (Director)	$28,850	$0	$0
Frank Baber Iii (Secretary)	$28,350	$0	$0
Brian Bates (Treasurer)	$27,600	$0	$0
Henry Chiles (Director)	$27,600	$0	$0
Jace Goodling (Director)	$27,600	$0	$0
Roberta Harlowe (Vice Chairma)	$27,600	$0	$0
R Kinckle Robinson (Chairman)	$27,600	$0	$0
Gloria W Vest (Director)	$27,600	$0	$0
Ht Brown Jr (Director)	$27,350	$0	$0

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990

Filed on Nov. 12, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$96,315,447

Expenses

$92,689,204

Net Income

$3,626,243

Net Assets

$70,180,398

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,945,799	2.0%
Program Services	$89,089,880	92.5%
Investment Income	$1,234,002	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$236,108	0.2%
Net Fundraising	$0
Sales of Assets	-$32,073
Net Inventory Sales	$0
Other Revenue	$3,841,731	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,551,938	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,350,672	10.1%

Assets/Debt
Total Assets	$323,331,831
Total Liabilities	$253,151,433
Net Assets	$70,180,398

Club or Co-Op Income
Income From Members	$89,275,814
Income From Other Sources	$2,620,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$556,418	$0	$70,438
Charles Maurhoff (Vp Oper. & E)	$280,657	$0	$67,074
Tina M Mallia (Vice Preside)	$259,250	$0	$62,201
Melissa Gay (Member Svcs)	$199,800	$0	$39,314
Matthew Wood (Info Tech Mg)	$192,734	$0	$48,641
Lynne Beardsley (Hr Manager)	$181,764	$0	$48,665
Charles Ward (Eng Svcs Man)	$166,238	$0	$46,662
Robert Harris (Engineering)	$164,030	$0	$54,354
Brian Bates (Treasurer)	$29,850	$0	$0
Gloria W Vest (Director)	$29,100	$0	$0
Frank Baber Iii (Secretary)	$28,850	$0	$0
George Goin (Director)	$28,350	$0	$0
Jace Goodling (Director)	$28,350	$0	$0
Ht Brown Jr (Director)	$28,350	$0	$0
R Kinckle Robinson (Chairman)	$27,850	$0	$0
Henry Chiles (Director)	$27,600	$0	$0
Roberta Harlowe (Vice Chairma)	$27,600	$0	$0

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990

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$97,697,111

Expenses

$98,244,261

Net Income

-$547,150

Net Assets

$62,913,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,531	0.0%
Program Services	$97,606,622	99.9%
Investment Income	$385,854	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$221,434	0.2%
Net Fundraising	$0
Sales of Assets	$49,578	0.1%
Net Inventory Sales	$0
Other Revenue	-$581,908

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,412,522	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,881,240	9.0%

Assets/Debt
Total Assets	$256,934,438
Total Liabilities	$194,020,655
Net Assets	$62,913,783

Club or Co-Op Income
Income From Members	$97,110,708
Income From Other Sources	$1,804,095

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$488,867	$0	$67,368
Tina M Mallia (Vice Preside)	$251,694	$0	$55,963
Charles Maurhoff (Vp Oper. & E)	$239,627	$0	$60,103
Melissa Gay (Member Svcs)	$178,821	$0	$36,012
Matthew Wood (Info Tech Mg)	$177,832	$0	$45,125
Lynne Beardsley (Hr Manager)	$165,095	$0	$44,360
Robert Harris (Engineer)	$154,714	$0	$51,015
Jason Palmer (Operations M)	$151,467	$0	$34,950
Gloria W Vest (Director)	$31,350	$0	$0
Roberta Harlowe (Vice Chairma)	$30,600	$0	$0
George Goin (Director)	$29,600	$0	$0
Frank Baber Iii (Secretary)	$29,100	$0	$0
Ht Brown Jr (Director)	$27,600	$0	$0
Brian Bates (Treasurer)	$27,100	$0	$0
Jace Goodling (Director)	$25,350	$0	$0
R Kinckle Robinson (Chairman)	$25,100	$0	$0
Henry Chiles (Director)	$23,100	$0	$0

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990

Filed on Nov. 16, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$94,948,546

Expenses

$94,934,125

Net Income

$14,421

Net Assets

$58,372,717

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$94,972,338	> 100%
Investment Income	$50,585	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$238,267	0.3%
Net Fundraising	$0
Sales of Assets	-$4,540
Net Inventory Sales	$0
Other Revenue	-$308,104

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,215,734	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,489,780	8.9%

Assets/Debt
Total Assets	$209,864,279
Total Liabilities	$151,491,562
Net Assets	$58,372,717

Club or Co-Op Income
Income From Members	$93,906,366
Income From Other Sources	$1,659,273

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President &)	$414,617	$0	$66,027
Tina M Mallia (Vice Preside)	$191,876	$0	$47,273
Charles Maurhoff (Vp Oper. & E)	$190,659	$0	$67,832
Matthew Wood (Info Tech Mg)	$151,032	$0	$40,293
Robert Harris (Engineer)	$139,139	$0	$46,778
Thomas B Sandridge (Working Fore)	$136,010	$0	$48,989
Jason Palmer (Operations M)	$135,339	$0	$32,959
Thomas Gardner (Foreman)	$129,846	$0	$41,354
Ht Brown Jr (Chairman)	$27,900	$0	$0
Gloria W Vest (Secretary)	$27,850	$0	$0
Frank Baber Iii (Director)	$27,850	$0	$0
Brian Bates (Director)	$27,100	$0	$0
Roberta Harlowe (Treasurer)	$26,600	$0	$0
George Goin (Director)	$26,350	$0	$0
R Kinckle Robinson (Vice Chairma)	$25,100	$0	$0
Jace Goodling (Director)	$25,100	$0	$0
Henry Chiles (Director)	$23,600	$0	$0

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990

Filed on Nov. 14, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$80,765,828

Expenses

$80,220,902

Net Income

$544,926

Net Assets

$56,570,897

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$80,434,242	99.6%
Investment Income	$79,906	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$211,766	0.3%
Net Fundraising	$0
Sales of Assets	$39,485	0.0%
Net Inventory Sales	$0
Other Revenue	$429	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,071,612	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,730,796	9.6%

Assets/Debt
Total Assets	$196,827,820
Total Liabilities	$140,256,923
Net Assets	$56,570,897

Club or Co-Op Income
Income From Members	$79,692,234
Income From Other Sources	$932,662

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President & Ceo)	$370,256	$0	$64,159
Charles Maurhoff (Vp Oper. & Eng.)	$167,827	$0	$61,575
Tina M Mallia (Vice President)	$147,435	$0	$40,360
Matthew Wood (Info Tech Mgr)	$138,569	$0	$36,359
Joseph Key (Engineering Mgr)	$127,364	$0	$51,354
Robert Harris (Engineer)	$115,761	$0	$41,357
Thomas Gardner (Foreman)	$113,300	$0	$37,516
Jason Palmer (Operations Mgr)	$113,113	$0	$26,961
Roberta Harlowe (Treasurer)	$28,600	$0	$0
Frank Baber Iii (Director)	$26,100	$0	$0
Ht Brown Jr (Chairman)	$25,850	$0	$0
Gloria W Vest (Secretary)	$25,600	$0	$0
R Kinckle Robinson (Vice Chairman)	$25,100	$0	$0
George Goin (Director)	$24,600	$0	$0
Jace Goodling (Director)	$24,350	$0	$0
Henry Chiles (Director)	$22,100	$0	$0
Robert Duncan (Retired)	$15,400	$0	$0
Brian Bates (Director)	$2,300	$0	$0

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990

Filed on Oct. 30, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$86,045,837

Expenses

$84,781,314

Net Income

$1,264,523

Net Assets

$54,699,082

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$85,924,522	99.9%
Investment Income	$35,935	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$202,224	0.2%
Net Fundraising	$0
Sales of Assets	-$117,303
Net Inventory Sales	$0
Other Revenue	$459	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$914,786	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,549,081	8.9%

Assets/Debt
Total Assets	$185,005,983
Total Liabilities	$130,306,901
Net Assets	$54,699,082

Club or Co-Op Income
Income From Members	$84,392,077
Income From Other Sources	$1,654,505

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President & Ceo)	$338,775	$0	$20,664
Charles Maurhoff (Vp Oper. & Eng.)	$159,637	$0	$19,433
Tina M Mallia (Vice President)	$137,951	$0	$15,426
Matthew Wood (Info Tech Mgr)	$135,441	$0	$14,586
Joseph Key (Engineering Mgr)	$124,259	$0	$18,347
Robert Harris (Engineer)	$122,771	$0	$18,322
Eric Carter (Superintendent)	$106,983	$0	$17,571
Paul Moore (Engineer)	$106,868	$0	$14,586
Roberta Harlowe (Chairman)	$27,850	$0	$0
Frank Baber Iii (Secretary)	$27,100	$0	$0
George Goin (Treasurer)	$26,350	$0	$0
Ht Brown Jr (Vice Chairman)	$24,850	$0	$0
R Kinckle Robinson (Director)	$24,350	$0	$0
Jace Goodling (Director)	$24,100	$0	$0
Robert M Duncan (Director)	$23,600	$0	$0
Henry Chiles (Director)	$23,350	$0	$0
Gloria W Vest (Director)	$21,350	$0	$0

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990

Filed on Nov. 15, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$85,550,553

Expenses

$84,946,762

Net Income

$603,791

Net Assets

$53,178,536

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$85,214,838	99.6%
Investment Income	$136,562	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$195,637	0.2%
Net Fundraising	$0
Sales of Assets	$1,730	0.0%
Net Inventory Sales	$0
Other Revenue	$1,786	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$900,722	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,573,534	8.9%

Assets/Debt
Total Assets	$177,809,864
Total Liabilities	$124,631,328
Net Assets	$53,178,536

Club or Co-Op Income
Income From Members	$84,631,057
Income From Other Sources	$725,158

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President & Ceo)	$340,620	$0	$20,093
Charles Maurhoff (Vp Oper. & Eng.)	$161,096	$0	$18,715
Tina M Mallia (Vice President)	$132,592	$0	$17,581
Matthew Wood (Info Tech Mgr)	$131,074	$0	$13,892
Joseph Key (Engineering Mgr)	$122,803	$0	$17,657
Gregory Kelly (Member Serv Mgr)	$121,860	$0	$15,582
Cheryl Sandas (Accounting Mgr)	$116,056	$0	$17,139
Alan Scruggs (Operations Manager)	$113,168	$0	$17,463
Roberta Harlowe (Chairman)	$26,325	$0	$0
Frank Baber Iii (Secretary)	$25,575	$0	$0
George Goin (Treasurer)	$24,725	$0	$0
Ht Brown Jr (Vice Chairman)	$24,075	$0	$0
R Kinckle Robinson (Director)	$22,475	$0	$0
Jace Goodling (Director)	$22,475	$0	$0
Gloria W Vest (Director)	$22,050	$0	$0
Robert M Duncan (Director)	$21,250	$0	$0
Henry Chiles (Director)	$21,075	$0	$0

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990

Filed on Nov. 14, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$84,632,618

Expenses

$84,023,746

Net Income

$608,872

Net Assets

$54,521,596

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$84,396,963	99.7%
Investment Income	$48,945	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$183,264	0.2%
Net Fundraising	$0
Sales of Assets	$1,200	0.0%
Net Inventory Sales	$0
Other Revenue	$2,246	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$966,538	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,033,735	8.4%

Assets/Debt
Total Assets	$173,286,053
Total Liabilities	$118,764,457
Net Assets	$54,521,596

Club or Co-Op Income
Income From Members	$83,720,092
Income From Other Sources	$729,262

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President & Ceo)	$285,727	$0	$106,794
Charles Maurhoff (Vp Oper. & Eng.)	$157,266	$0	$66,065
Robert Harris (Engineering Mgr.)	$121,344	$0	$48,713
Matthew Wood (Info Tech Mgr)	$120,201	$0	$16,546
Joseph Key (Engineering Mgr)	$117,728	$0	$56,941
Tina M Mallia (Vice President)	$117,199	$0	$31,437
Gregory Kelly (Member Serv Mgr)	$111,795	$0	$56,034
Steven Olson (Engineering Super)	$108,708	$0	$52,600
Frank Baber Iii (Director)	$24,200	$0	$0
Roberta Harlowe (Vice Chairman)	$23,800	$0	$0
George Goin (Director)	$23,200	$0	$0
Gloria W Vest (Director)	$23,000	$0	$0
Ht Brown Jr (Treasurer)	$22,800	$0	$0
Jace Goodling (Secretary)	$22,200	$0	$0
R Kinckle Robinson (Chairman)	$21,450	$0	$0
Robert M Duncan (Director)	$21,450	$0	$0
Henry Chiles (Director)	$19,950	$0	$0

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990

Filed on Sept. 22, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$81,397,965

Expenses

$78,920,299

Net Income

$2,477,666

Net Assets

$53,968,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$81,163,952	99.7%
Investment Income	$34,787	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$192,881	0.2%
Net Fundraising	$0
Sales of Assets	$2,042	0.0%
Net Inventory Sales	$0
Other Revenue	$4,303	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$926,506	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,738,100	8.5%

Assets/Debt
Total Assets	$168,652,913
Total Liabilities	$114,684,244
Net Assets	$53,968,669

Club or Co-Op Income
Income From Members	$78,584,277
Income From Other Sources	$2,620,807

Compensation

Key Employees and Officers	Compensation	Related	Other
Gary E Wood (President & Ceo)	$271,311	$0	$128,537
Charles Maurhoff (Vp Oper. & Eng.)	$147,511	$0	$63,514
Robert Harris (Engineering Mgr.)	$121,922	$0	$46,406
Gregory Kelly (Member Serv Mgr)	$112,619	$0	$58,317
Joseph Key (Engineering Mgr)	$112,476	$0	$56,348
Alan Scruggs (Operations Mgr)	$108,501	$0	$51,506
Steven Olson (Engineering Super)	$107,275	$0	$52,789
Tina M Mallia (Vice President)	$99,813	$0	$29,695
Roberta Harlowe (Vice Chairman)	$23,525	$0	$0
George Goin (Director)	$22,300	$0	$0
Gloria W Vest (Director)	$22,250	$0	$0
Ht Brown Jr (Treasurer)	$21,700	$0	$0
Jace Goodling (Secretary)	$21,300	$0	$0
Robert M Duncan (Director)	$21,300	$0	$0
R Kinckle Robinson (Chairman)	$20,700	$0	$0
Henry Chiles (Director)	$18,600	$0	$0
K M Beasley Jr (Director)	$8,500	$0	$0
Frank Baber Iii (Director)	$5,950	$0	$0

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990

Filed on Nov. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$69,669,176

Expenses

$69,470,470

Net Income

$198,706

Net Assets

$48,961,232

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$69,455,723	99.7%
Investment Income	$34,237	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$175,592	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,624	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,071,023	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,655,828	9.6%

Assets/Debt
Total Assets	$161,273,075
Total Liabilities	$112,311,843
Net Assets	$48,961,232

Club or Co-Op Income
Income From Members	$69,161,041
Income From Other Sources	$332,507

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$62,763,767

Expenses

$62,452,066

Net Income

$311,701

Net Assets

$47,325,150

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$62,531,710	99.6%
Investment Income	$35,226	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$168,869	0.3%
Net Fundraising	$0
Sales of Assets	$22,282	0.0%
Net Inventory Sales	$0
Other Revenue	$5,680	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$962,353	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,754,924	10.8%

Assets/Debt
Total Assets	$155,009,298
Total Liabilities	$107,684,148
Net Assets	$47,325,150

Club or Co-Op Income
Income From Members	$62,092,412
Income From Other Sources	$657,183

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Central Virginia Electric Cooperative

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $115M (2023)

Expenses $115M (2023)

Total Assets $454M (2023)

Total Liabilities $373M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$115M (2023)

Expenses

$115M (2023)

Total Assets

$454M (2023)

Total Liabilities

$373M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

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2017

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2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

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2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2004