PROVIDE WHOLESALE POWER TO MEMBER COOPERATIVES
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 25 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $1.6M
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $532k
- Bonus
- —
- Other
- $5k
- Benefits
- $33k
- Base
- $327k
- Bonus
- —
- Other
- $174k
- Benefits
- $30k
- Base
- $486k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
- Base
- $237k
- Bonus
- —
- Other
- $5k
- Benefits
- $34k
- Base
- $278k
- Bonus
- —
- Other
- $2k
- Benefits
- $39k
- Base
- $348k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
- Base
- $266k
- Bonus
- —
- Other
- $3k
- Benefits
- $39k
- Base
- $238k
- Bonus
- —
- Other
- $2k
- Benefits
- $38k
- Base
- $238k
- Bonus
- —
- Other
- $5k
- Benefits
- $40k
- Base
- $235k
- Bonus
- —
- Other
- $5k
- Benefits
- $30k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $1.6M | — | — | — | $1.6M $1.7M |
Sr. VP & CFO Above 90th percentile | $532k | — | $5k | $33k | $1M $1.1M |
Sr VP Member Engagement-ended 11/24 Vice President Above 90th percentile | $327k | — | $174k | $30k | $740k $784k |
Chief Operating Officer Above 90th percentile | $486k | — | $3k | $39k | $736k $780k |
VP Investor Relations Board Vice President Above 90th percentile | $237k | — | $5k | $34k | $483k $512k |
VP Power Supply Board Vice President Above 90th percentile | $278k | — | $2k | $39k | $472k $501k |
SVP Chief Legal Officer Senior Vice President 75th to 90th percentile | $348k | — | $3k | $39k | $457k $485k |
Sr. VP Power Supply Vice President Above 90th percentile | $266k | — | $3k | $39k | $444k $471k |
VP Engineering Board Vice President Above 90th percentile | $238k | — | $2k | $38k | $438k $465k |
VP Regulatory Affairs Board Vice President Above 90th percentile | $238k | — | $5k | $40k | $430k $456k |
VP IT Board Vice President Above 90th percentile | $235k | — | $5k | $30k | $424k $450k |
Board Member 75th to 90th percentile | — | — | — | — | $53k $56k |
Board Member 75th to 90th percentile | — | — | — | — | $53k $56k |
Board Member Median to 75th percentile | — | — | — | — | $52k $55k |
Board Member Median to 75th percentile | — | — | — | — | $52k $55k |
Board Member Median to 75th percentile | — | — | — | — | $51k $55k |
Board Member Median to 75th percentile | — | — | — | — | $51k $54k |
Board Member Median to 75th percentile | — | — | — | — | $51k $54k |
Board Member Median to 75th percentile | — | — | — | — | $50k $53k |
Board Member - Ended 9/15/24 Board Member Median to 75th percentile | — | — | — | — | $40k $43k |
Board Member - Ended 8/19/24 Board Member Median to 75th percentile | — | — | — | — | $34k $36k |
Board Member - Ended 07/30/24 Board Member Median to 75th percentile | — | — | — | — | $30k $32k |
Board Member - Started 07/30/24 Board Member Median to 75th percentile | — | — | — | — | $26k $27k |
Board Member - Started 10/08/24 Board Member 25th percentile to median | — | — | — | — | $14k $14k |
Sr VP Member Engagement-start 12/24 Vice President 25th percentile to median | — | — | — | — | $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.
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 5% from 2023 to 2024, while revenue rose 4%.
- Chief Financial Officer pay rose 24% from 2023 to 2024.
- Vice President pay rose 28% 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
OLD DOMINION ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.
Common questions about OLD DOMINION ELECTRIC COOPERATIVE
What does the Chief Executive Officer of OLD DOMINION ELECTRIC COOPERATIVE earn?
In 2024, the Chief Executive Officer of OLD DOMINION ELECTRIC COOPERATIVE received $1,575,643 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 OLD DOMINION 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 OLD DOMINION ELECTRIC COOPERATIVE falls in the top 10%.
What are OLD DOMINION ELECTRIC COOPERATIVE's revenue and expenses?
In 2024, OLD DOMINION ELECTRIC COOPERATIVE reported $1.1B in total revenue and $1.1B in total expenses on its IRS Form 990.
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