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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Central Virginia Electric Cooperative

Central Virginia Electric Cooperative

Fiscal year ending 2024. Filed on October 21, 2025.

PO Box 247
Lovingston, Virginia 22949

Central Virginia Electric Cooperative (EIN: 54-0164798) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Virginia Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 128 total employees. Among the employees shown here, the average compensation is $409,411. The highest compensated employee at Central Virginia Electric Cooperative is Gary E Wood with fiscal year 2024 compensation of $786,178.

Revenue, expenses, and employee compensation

Revenue

$124,755,119

Expenses

$123,300,292

Employee compensation

$20,679,550
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary E Wood
President
$786,178
$703,144 No related comp$83,034
Charles Maurhoff
Chief Operating Officer
$504,126
$425,290 No related comp$78,836
Tina M Mallia
Chief Financial Officer
$473,941
$402,920 No related comp$71,021
Melissa Gay
Member SVCS
$334,002
$272,511 No related comp$61,491
Lynne Beardsley
Human Resources Manager
$308,170
$240,957 No related comp$67,213
Matthew Wood
INFO TECH MG
$299,851
$240,361 No related comp$59,490
Charles Ward
ENG SVCS MAN
$286,373
$219,205 No related comp$67,168
Jason Palmer
Operations Manager
$282,650
$223,207 No related comp$59,443

Benchmark Employee Compensation

Non-Employee Board Members

George Goin
Director
$34,900
$34,900 No related compNo other comp
Brian Bates
Secretary
$33,150
$33,150 No related compNo other comp
Ht Brown Jr
Chair
$31,900
$31,900 No related compNo other comp
Frank Baber III
Vice Chair
$29,650
$29,650 No related compNo other comp
Jace Goodling
Treasurer
$29,150
$29,150 No related compNo other comp
Roberta Harlowe
Director
$28,900
$28,900 No related compNo other comp
R Kinckle Robinson
Director
$28,400
$28,400 No related compNo other comp
Lisa S Jackson
Director
$22,350
$22,350 No related compNo other comp
Francis Caruccio
Director
$20,850
$20,850 No related compNo other comp
Henry Chiles
Former Director
$8,550
$8,550 No related compNo other comp
Gloria W Vest
Former Director
$1,950
$1,950 No related compNo other comp

Contractors

N and S Construction Inc.
Construction
$2,644,711
Carolina Power & Signalization
Construction
$2,211,261
Xylem Tree Experts
R/W Trimming
$1,972,516
G D Ferguson CO Inc.
R/W Trimming
$1,120,400
Booth & Associates Inc.
Engineering
$960,902

Mission Statement

SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF CENTRAL VIRGINIA ELECTRIC COOPERATIVE.

Revisions to this organization profile

October 21, 2025:
2024 Central Virginia Electric Cooperative 990 filed
October 22, 2024:
2023 Central Virginia Electric Cooperative 990 filed
November 15, 2023:
2022 Central Virginia Electric Cooperative 990 filed

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