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Filing year 2024

RAPPAHANNOCK ELECTRIC COOPERATIVE

Fredericksburg, Virginia·EIN 54-1135340·12
Total revenue
$605.7M
Total assets
$1.4B
Total expenses
$534M
Reported officers
26
Mission

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE.

Executive compensation, broken down

Form 990 · Schedule J · 26 reported individuals · Filing year 2024

$1M
$1.1M
Base
$884k
Bonus
Other
$19k
Benefits
$17k
Chief Strat
officer (unspecified)
$588k
$625k
Base
$433k
Bonus
$45k
Other
$6k
Benefits
$15k
Chief Eng &
officer (unspecified)
$522k
$555k
Base
$407k
Bonus
Other
$9k
Benefits
$17k
Principal En
highest compensated employee
$503k
$534k
Base
$399k
Bonus
Other
$17k
Benefits
$17k
Fmr Chief Ad
officer (unspecified)
$405k
$430k
Base
$321k
Bonus
Other
$4k
Benefits
$12k
Chief Grid O
officer (unspecified)
$400k
$424k
Base
$309k
Bonus
Other
$2k
Benefits
$17k
Mgr Dir Ops
highest compensated employee
$368k
$391k
Base
$280k
Bonus
Other
$13k
Benefits
$10k
Mgr Dir IT &
highest compensated employee
$361k
$384k
Base
$273k
Bonus
Other
$9k
Benefits
$17k
Chief HR
officer (unspecified)
$356k
$378k
Base
$274k
Bonus
Other
$17k
Benefits
$4k
VP Eng & Pow
vice president
$341k
$362k
Base
$275k
Bonus
Other
$3k
Benefits
$17k
Dir Cyber in
highest compensated employee
$333k
$353k
Base
$253k
Bonus
$5k
Other
$2k
Benefits
$17k
Mgr Dir Memb
highest compensated employee
$330k
$351k
Base
$250k
Bonus
Other
$8k
Benefits
$12k
Fmr Asst Tre
officer (unspecified)
$257k
$273k
Base
$197k
Bonus
Other
$904
Benefits
$13k
Assistant Tr
officer (unspecified)
$246k
$261k
Base
$177k
Bonus
$3k
Other
$5k
Benefits
$17k
Assistant Se
officer (unspecified)
$222k
$236k
Base
$154k
Bonus
$10k
Other
$839
Benefits
$17k
Fmr Chief E
officer (unspecified)
$191k
$203k
Base
$43k
Bonus
Other
$140k
Benefits
$1k
Chief Finc
officer (unspecified)
$85k
$90k
Director
board member
$40k
$43k
Chairman
board chair
$38k
$40k
Director
board member
$37k
$40k
Treasurer
officer (unspecified)
$37k
$40k
Secretary
officer (unspecified)
$37k
$39k
Director
board member
$37k
$39k
Director
board member
$36k
$38k
Director
board member
$36k
$38k
Vice Chairma
board vice chair
$30k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 2%
from 2023

From $993k in 2023 to $1M in 2024.

$993k
2023
$1M
2024
In today's dollarsEst.
Down 2% in real terms$1.1M to $1.1M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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

RAPPAHANNOCK ELECTRIC COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$535.5M
$518.6M
2023
$605.7M
$534M
2024
Total revenue and total expenses from IRS Form 990 filings.
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