Mission
PROVIDE WHOLESALE POWER TO MEMBER COOPERATIVES
Executive compensation, broken down
Form 990 · Schedule J · 25 reported individuals · Filing year 2024
President & CEO
$1.6M
$1.7M
- Base
- $1.6M
- Bonus
- —
- Other
- —
- Benefits
- —
Sr. VP & CFO
$1M
$1.1M
- Base
- $532k
- Bonus
- —
- Other
- $5k
- Benefits
- $33k
Sr VP Member Engagement-ended 11/24
vice president
$740k
$784k
- Base
- $327k
- Bonus
- —
- Other
- $174k
- Benefits
- $30k
Chief Operating Officer
$736k
$780k
- Base
- $486k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
VP Investor Relations
vice president
$483k
$512k
- Base
- $237k
- Bonus
- —
- Other
- $5k
- Benefits
- $34k
VP Power Supply
vice president
$472k
$501k
- Base
- $278k
- Bonus
- —
- Other
- $2k
- Benefits
- $39k
SVP Chief Legal Officer
senior vice president
$457k
$485k
- Base
- $348k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
Sr. VP Power Supply
vice president
$444k
$471k
- Base
- $266k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
VP Engineering
vice president
$438k
$465k
- Base
- $238k
- Bonus
- —
- Other
- $2k
- Benefits
- $38k
VP Regulatory Affairs
vice president
$430k
$456k
- Base
- $238k
- Bonus
- —
- Other
- $5k
- Benefits
- $40k
VP IT
vice president
$424k
$450k
- Base
- $235k
- Bonus
- —
- Other
- $5k
- Benefits
- $30k
Board Member
board member
$53k
$56k
Board Member
board member
$53k
$56k
Board Member
board member
$52k
$55k
Board Member
board member
$52k
$55k
Board Member
board member
$51k
$55k
Board Member
board member
$51k
$54k
Board Member
board member
$51k
$54k
Board Member
board member
$50k
$53k
Board Member - Ended 9/15/24
board member
$40k
$43k
Board Member - Ended 8/19/24
board member
$34k
$36k
Board Member - Ended 07/30/24
board member
$30k
$32k
Board Member - Started 07/30/24
board member
$26k
$27k
Board Member - Started 10/08/24
board member
$14k
$14k
Sr VP Member Engagement-start 12/24
vice president
$7k
$7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO | $1.6M | — | — | — | $1.6M $1.7M |
Sr. VP & CFO | $532k | — | $5k | $33k | $1M $1.1M |
Sr VP Member Engagement-ended 11/24 vice president | $327k | — | $174k | $30k | $740k $784k |
Chief Operating Officer | $486k | — | $3k | $39k | $736k $780k |
VP Investor Relations vice president | $237k | — | $5k | $34k | $483k $512k |
VP Power Supply vice president | $278k | — | $2k | $39k | $472k $501k |
SVP Chief Legal Officer senior vice president | $348k | — | $3k | $39k | $457k $485k |
Sr. VP Power Supply vice president | $266k | — | $3k | $39k | $444k $471k |
VP Engineering vice president | $238k | — | $2k | $38k | $438k $465k |
VP Regulatory Affairs vice president | $238k | — | $5k | $40k | $430k $456k |
VP IT vice president | $235k | — | $5k | $30k | $424k $450k |
Board Member board member | — | — | — | — | $53k $56k |
Board Member board member | — | — | — | — | $53k $56k |
Board Member board member | — | — | — | — | $52k $55k |
Board Member board member | — | — | — | — | $52k $55k |
Board Member board member | — | — | — | — | $51k $55k |
Board Member board member | — | — | — | — | $51k $54k |
Board Member board member | — | — | — | — | $51k $54k |
Board Member board member | — | — | — | — | $50k $53k |
Board Member - Ended 9/15/24 board member | — | — | — | — | $40k $43k |
Board Member - Ended 8/19/24 board member | — | — | — | — | $34k $36k |
Board Member - Ended 07/30/24 board member | — | — | — | — | $30k $32k |
Board Member - Started 07/30/24 board member | — | — | — | — | $26k $27k |
Board Member - Started 10/08/24 board member | — | — | — | — | $14k $14k |
Sr VP Member Engagement-start 12/24 vice president | — | — | — | — | $7k $7k |
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.
Plus 11 unpaid individuals.
Down 5%
from 2023
From $1.7M in 2023 to $1.6M in 2024.
$1.7M
2023
$1.6M
2024
$1.7M
2023
$1.6M
2024
In today's dollarsEst.
Down 8% in real terms$1.8M to $1.7M
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
OLD DOMINION ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
RevenueExpenses
$1.1B
$1.1B
2023
$1.1B
$1.1B
2024
Total revenue and total expenses from IRS Form 990 filings.
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