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Filing year 2023

PRINCE GEORGE ELECTRIC COOPERATIVE

Waverly, Virginia·EIN 54-0346866·12
Total revenue
$54.4M
Total assets
$106.4M
Total expenses
$48.7M
Reported officers
17
Mission

SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2023

President and CEO
$313k
$342k
Base
$270k
Bonus
Other
$15k
Benefits
$22k
Former President and CEO
$236k
$258k
Base
$212k
Bonus
Other
$11k
Benefits
$11k
Vice President and Chief F
vice president
$228k
$248k
Base
$199k
Bonus
Other
$10k
Benefits
$14k
Vice President of Operatio
vice president
$216k
$236k
Base
$172k
Bonus
Other
$19k
Benefits
$21k
General Manager
highest compensated employee
$176k
$192k
Base
$139k
Bonus
Other
$14k
Benefits
$20k
Manager of Operations
highest compensated employee
$144k
$157k
Construction Foreman
highest compensated employee
$129k
$141k
Journeyman Lineman
highest compensated employee
$123k
$134k
Chairman
board chair
$24k
$26k
Director
board member
$19k
$21k
Secretary - Treasurer
officer (unspecified)
$19k
$20k
Vice-chairman
officer (unspecified)
$18k
$20k
Director
board member
$18k
$20k
Director
board member
$18k
$19k
Asst. Secretary-treasurer
officer (unspecified)
$17k
$19k
Director
board member
$17k
$19k
Director
board member
$12k
$13k

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.

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