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Filing year 2023

SHENANDOAH VALLEY ELECTRIC COOPERATIVE

Rockingham, Virginia·EIN 54-0377465·501(c)(12)
Total revenue
$293.1M
Total assets
$614.6M
Total expenses
$288.3M
Reported officers
17
Mission

PROVIDE RELIABLE AND SAFE ELECTRIC SERVICE AT THE BEST POSSIBLE VALUE WITHIN OUR COMMUNITIES, CONSISTENT WITH SOUND MANAGEMENT AND COOPERATIVE PRINCIPLES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President &
Above 90th percentile
$670k
$732k
Base
$461k
Bonus
$105k
Other
Benefits
$16k
Asst Sec/tre
Officer (Unspecified)
$350k
$382k
Base
$288k
Bonus
$16k
Other
Benefits
$4k
VP & CIO
Chief Information Officer
75th to 90th percentile
$327k
$357k
Base
$238k
Bonus
$10k
Other
Benefits
$16k
VP Engineeri
Board Vice President
75th to 90th percentile
$260k
$284k
Base
$201k
Bonus
$11k
Other
Benefits
$16k
VP Operation
Board Vice President
75th to 90th percentile
$247k
$270k
Base
$176k
Bonus
$8k
Other
Benefits
$15k
Dir Infrastr
Highest Compensated Employee
75th to 90th percentile
$238k
$260k
Base
$174k
Bonus
$7k
Other
Benefits
$11k
VP Finance
Board Vice President
75th to 90th percentile
$229k
$250k
Base
$181k
Bonus
Other
Benefits
$15k
Chair
Board Chair
Median to 75th percentile
$39k
$43k
Director
Board Member
Median to 75th percentile
$32k
$35k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$33k
Sec/treas
Officer (Unspecified)
$30k
$33k
Vice Chair
Board Vice Chair
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$32k

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.

FAQ

Common questions about SHENANDOAH VALLEY ELECTRIC COOPERATIVE

What does the Chief Executive Officer of SHENANDOAH VALLEY ELECTRIC COOPERATIVE earn?

In 2023, the Chief Executive Officer of SHENANDOAH VALLEY ELECTRIC COOPERATIVE received $670,356 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 SHENANDOAH VALLEY ELECTRIC COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SHENANDOAH VALLEY ELECTRIC COOPERATIVE falls in the top 10%.

What are SHENANDOAH VALLEY ELECTRIC COOPERATIVE's revenue and expenses?

In 2023, SHENANDOAH VALLEY ELECTRIC COOPERATIVE reported $293.1M in total revenue and $288.3M in total expenses on its IRS Form 990.

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