Mission
SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF CENTRAL VIRGINIA ELECTRIC COOPERATIVE.
Executive compensation, broken down
Form 990 · Schedule J · 19 reported individuals · Filing year 2024
President &
$786k
$834k
- Base
- $557k
- Bonus
- $12k
- Other
- $135k
- Benefits
- $20k
$504k
$535k
- Base
- $361k
- Bonus
- $7k
- Other
- $58k
- Benefits
- $20k
$474k
$503k
- Base
- $352k
- Bonus
- $7k
- Other
- $44k
- Benefits
- $20k
Member Svcs
highest compensated employee
$334k
$354k
- Base
- $236k
- Bonus
- $4k
- Other
- $32k
- Benefits
- $20k
HR Manager
highest compensated employee
$308k
$327k
- Base
- $227k
- Bonus
- $4k
- Other
- $10k
- Benefits
- $20k
Info Tech Mg
highest compensated employee
$300k
$318k
- Base
- $224k
- Bonus
- $4k
- Other
- $12k
- Benefits
- $20k
Eng Svcs Man
highest compensated employee
$286k
$304k
- Base
- $210k
- Bonus
- $4k
- Other
- $5k
- Benefits
- $20k
Operations M
highest compensated employee
$283k
$300k
- Base
- $226k
- Bonus
- $5k
- Other
- —
- Benefits
- $20k
Director
board member
$35k
$37k
Secretary
officer (unspecified)
$33k
$35k
Chairman
board chair
$32k
$34k
Vice-chairma
officer (unspecified)
$30k
$31k
Treasurer
officer (unspecified)
$29k
$31k
Director
board member
$29k
$31k
Director
board member
$28k
$30k
Director
board member
$22k
$24k
Director
board member
$21k
$22k
Former Direc
board member
$9k
$9k
Former Direc
board member
$2k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & | $557k | $12k | $135k | $20k | $786k $834k |
COO | $361k | $7k | $58k | $20k | $504k $535k |
CFO | $352k | $7k | $44k | $20k | $474k $503k |
Member Svcs highest compensated employee | $236k | $4k | $32k | $20k | $334k $354k |
HR Manager highest compensated employee | $227k | $4k | $10k | $20k | $308k $327k |
Info Tech Mg highest compensated employee | $224k | $4k | $12k | $20k | $300k $318k |
Eng Svcs Man highest compensated employee | $210k | $4k | $5k | $20k | $286k $304k |
Operations M highest compensated employee | $226k | $5k | — | $20k | $283k $300k |
Director board member | — | — | — | — | $35k $37k |
Secretary officer (unspecified) | — | — | — | — | $33k $35k |
Chairman board chair | — | — | — | — | $32k $34k |
Vice-chairma officer (unspecified) | — | — | — | — | $30k $31k |
Treasurer officer (unspecified) | — | — | — | — | $29k $31k |
Director board member | — | — | — | — | $29k $31k |
Director board member | — | — | — | — | $28k $30k |
Director board member | — | — | — | — | $22k $24k |
Director board member | — | — | — | — | $21k $22k |
Former Direc board member | — | — | — | — | $9k $9k |
Former Direc board member | — | — | — | — | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Down 3%
from 2023
From $814k in 2023 to $786k in 2024.
$814k
2023
$786k
2024
$814k
2023
$786k
2024
In today's dollarsEst.
Down 6% in real terms$889k to $834k
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
CENTRAL VIRGINIA ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$114.6M
$114.9M
2023
$124.8M
$123.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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