Central Virginia Electric Cooperative
Lovingston, VA · EIN 54-0164798 · Rank 4,458 by total revenue
Safe and effective delivery of electricity to the members of central virginia electric cooperative.
Money, Form 990 for tax year 2024
- Total revenue
- $124,755,119
- Total expenses
- $123,300,292
- Total assets
- $481,747,118
- Salary base (all salaries and wages)
- $17,098,589
- Salaries, other pay and benefits
- $20,679,550
- Employees
- 128
- Salary base per employee
- $133,583
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Gary E Wood | PRESIDENT & | Officer | 50 | $786,178 |
| Charles Maurhoff | COO | Officer | 50 | $504,126 |
| Tina M Mallia | CFO | Officer | 50 | $473,941 |
| Brian Bates | SECRETARY | Board, Officer | 8 | $33,150 |
| Ht Brown Jr | CHAIRMAN | Board, Officer | 8 | $31,900 |
| Frank Baber III | VICE-CHAIRMA | Board, Officer | 8 | $29,650 |
| Jace Goodling | TREASURER | Board, Officer | 8 | $29,150 |
| George Goin | DIRECTOR | Board | 8 | $34,900 |
| Roberta Harlowe | DIRECTOR | Board | 8 | $28,900 |
| R Kinckle Robinson | DIRECTOR | Board | 8 | $28,400 |
| Lisa S Jackson | DIRECTOR | Board | 8 | $22,350 |
| Francis Caruccio | DIRECTOR | Board | 8 | $20,850 |
| Henry Chiles | FORMER DIREC | Board | 8 | $8,550 |
| Gloria W Vest | FORMER DIREC | Board | 8 | $1,950 |
Top 10 paid people listed
These 10 people received $3,343,341, which is 19.6% of the $17,098,589 salary base shared by 128 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Gary E Wood | PRESIDENT & | Officer | 50 | $703,144 | $0 | $83,034 | $786,178 |
| Charles Maurhoff | COO | Officer | 50 | $425,290 | $0 | $78,836 | $504,126 |
| Tina M Mallia | CFO | Officer | 50 | $402,920 | $0 | $71,021 | $473,941 |
| Melissa Gay | MEMBER SVCS | Highly paid employee | 40 | $272,511 | $0 | $61,491 | $334,002 |
| Lynne Beardsley | HR MANAGER | Highly paid employee | 40 | $240,957 | $0 | $67,213 | $308,170 |
| Matthew Wood | INFO TECH MG | Highly paid employee | 40 | $240,361 | $0 | $59,490 | $299,851 |
| Charles Ward | ENG SVCS MAN | Highly paid employee | 40 | $219,205 | $0 | $67,168 | $286,373 |
| Jason Palmer | OPERATIONS M | Highly paid employee | 40 | $223,207 | $0 | $59,443 | $282,650 |
| George Goin | DIRECTOR | Board | 8 | $34,900 | $0 | $0 | $34,900 |
| Brian Bates | SECRETARY | Board, Officer | 8 | $33,150 | $0 | $0 | $33,150 |
Sources
- IRS e-file return 202532949349300023 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 54-0164798
- Organization website (as filed): www.mycvec.com