SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF CENTRAL VIRGINIA ELECTRIC COOPERATIVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $557k
- Bonus
- $12k
- Other
- $135k
- Benefits
- $20k
- Base
- $361k
- Bonus
- $7k
- Other
- $58k
- Benefits
- $20k
- Base
- $352k
- Bonus
- $7k
- Other
- $44k
- Benefits
- $20k
- Base
- $236k
- Bonus
- $4k
- Other
- $32k
- Benefits
- $20k
- Base
- $227k
- Bonus
- $4k
- Other
- $10k
- Benefits
- $20k
- Base
- $224k
- Bonus
- $4k
- Other
- $12k
- Benefits
- $20k
- Base
- $210k
- Bonus
- $4k
- Other
- $5k
- Benefits
- $20k
- Base
- $226k
- Bonus
- $5k
- Other
- —
- Benefits
- $20k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Above 90th percentile | $557k | $12k | $135k | $20k | $786k $834k |
COO Above 90th percentile | $361k | $7k | $58k | $20k | $504k $535k |
CFO Above 90th percentile | $352k | $7k | $44k | $20k | $474k $503k |
Member Svcs Highest Compensated Employee 75th to 90th percentile | $236k | $4k | $32k | $20k | $334k $354k |
HR Manager Highest Compensated Employee 75th to 90th percentile | $227k | $4k | $10k | $20k | $308k $327k |
Info Tech Mg Highest Compensated Employee 75th to 90th percentile | $224k | $4k | $12k | $20k | $300k $318k |
Eng Svcs Man Highest Compensated Employee 75th to 90th percentile | $210k | $4k | $5k | $20k | $286k $304k |
Operations M Operations Manager Above 90th percentile | $226k | $5k | — | $20k | $283k $300k |
Director Board Member Median to 75th percentile | — | — | — | — | $35k $37k |
Secretary Officer (Unspecified) | — | — | — | — | $33k $35k |
Chairman Board Chair Median to 75th percentile | — | — | — | — | $32k $34k |
Vice-chairma Officer (Unspecified) | — | — | — | — | $30k $31k |
Treasurer Officer (Unspecified) | — | — | — | — | $29k $31k |
Director Board Member Median to 75th percentile | — | — | — | — | $29k $31k |
Director Board Member Median to 75th percentile | — | — | — | — | $28k $30k |
Director Board Member Median to 75th percentile | — | — | — | — | $22k $24k |
Director Board Member Median to 75th percentile | — | — | — | — | $21k $22k |
Former Direc Board Member 25th percentile to median | — | — | — | — | $9k $9k |
Former Direc Board Member 10th to 25th percentile | — | — | — | — | $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.
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.
Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue rose 9%.
- Chief Operating Officer pay rose 2% from 2023 to 2024.
- Chief Financial Officer pay rose 6% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
CENTRAL VIRGINIA ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about CENTRAL VIRGINIA ELECTRIC COOPERATIVE
What does the Chief Executive Officer of CENTRAL VIRGINIA ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of CENTRAL VIRGINIA ELECTRIC COOPERATIVE received $786,178 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CENTRAL VIRGINIA ELECTRIC COOPERATIVE compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CENTRAL VIRGINIA ELECTRIC COOPERATIVE falls in the top 10%.
What are CENTRAL VIRGINIA ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, CENTRAL VIRGINIA ELECTRIC COOPERATIVE reported $124.8M in total revenue and $123.3M in total expenses on its IRS Form 990.
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