Old Dominion Electric Cooperative
Fiscal year ending 2024. Filed on November 17, 2025.
4201 Dominion Boulevard Suite 300
Glen Allen, Virginia 23060
Old Dominion Electric Cooperative (EIN: 23-7048405) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Old Dominion Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 20 out of 151 total employees. Among the employees shown here, the average compensation is $381,508. The highest compensated employee at Old Dominion Electric Cooperative is John C Lee Jr with fiscal year 2024 compensation of $1,575,643.
Revenue, expenses, and employee compensation
Revenue
$1,135,612,072
Expenses
$1,130,136,645
Employee compensation
$22,620,410
Reported Compensated Employees
＋544.4%vs 2023
John C Lee Jr
President and Chief Executive Officer
$1,575,643
$1,575,643 from orgNo related compNo other comp
＋24.4%vs 2023
Bryan S Rogers
Senior Vice President and Chief Financial Officer
$1,011,807
$536,450 from orgNo related comp$475,357 other
＋27.9%vs 2023
Kirk D Johnson
Senior Vice President Member Engagement-Ended 11/24
$739,570
$501,350 from orgNo related comp$238,220 other
＋34.7%vs 2023
Christopher F Cosby
Chief Operating Officer
$735,587
$488,647 from orgNo related comp$246,940 other
＋5.5%vs 2023
Lynn A Maloney
Vice President Investor Relations
$482,577
$242,328 from orgNo related comp$240,249 other
New in 2024
Daniel B Klose
Vice President Power Supply
$472,414
$280,345 from orgNo related comp$192,069 other
＋59.4%vs 2023
John M Robb
Senior Vice President Chief Legal Officer
$456,951
$350,411 from orgNo related comp$106,540 other
New in 2024
Michael C Wise
Senior Vice President Power Supply
$443,720
$269,021 from orgNo related comp$174,699 other
＋6.3%vs 2023
Kevin C Miller
Vice President, Engineering
$438,450
$240,801 from orgNo related comp$197,649 other
＋6.4%vs 2023
Wiliam J Pezalla
Vice President Regulatory Affairs
$430,139
$242,932 from orgNo related comp$187,207 other
＋4.7%vs 2023
Ruchira R Lalwaney
Vice President, Information Technology
$423,992
$239,137 from orgNo related comp$184,855 other
＋2.1%vs 2023
Paul H Brown
Board Member
$52,750
$52,750 from orgNo related compNo other comp
Non-Employee Board Members
－18.2%vs 2022
Hunter R Greenlaw Jr
Board Member - Ended 9/15/24
$40,250
$40,250 from orgNo related compNo other comp
New in 2024
Earl C Currin Jr
Board Member - Ended 8/19/24
$33,600
$33,600 from orgNo related compNo other comp
－35.2%vs 2021
David J Jones
Board Member - Ended 07/30/24
$30,050
$30,050 from orgNo related compNo other comp
New in 2024
Franklin B Myers
Board Member - Started 07/30/24
$25,900
$25,900 from orgNo related compNo other comp
New in 2024
William T White
Board Member - Started 10/08/24
$13,650
$13,650 from orgNo related compNo other comp
John D Hewa Jr
Board Member
No compensation reported
New in 2024
Casey J Logan
Board Member - Started 03/12/24
No compensation reported
New in 2024
Belvin Willamson Jr
Board Member
No compensation reported
Micheal E Malandro
Vice Chair
No compensation reported
William K Buchanan
Board Member
No compensation reported
Gregory S Rogers
Secretary and Treasurer
No compensation reported
Steve A Harmon
Chair
No compensation reported
Contractors
＋86.9%vs 2023
Mitsubishi Power Americas Inc.
Power Plant Equipment Repair
$8,951,262
New in 2024
Ge Vernova International LLC
Power Plant Equipment Installation
$7,100,918
＋127.3%vs 2023
MD&A-MECHANICAL Dynamics & Analysis
Engineering
$2,769,431
＋1.0%vs 2023
Aces Power Marketing LLC
Energy Management
$2,630,513
New in 2024
John C Lee Jr
Management Consulting (President and Ceo)
$1,575,643
Mission Statement
PROVIDE WHOLESALE POWER TO MEMBER COOPERATIVES
Revisions to this organization profile
November 17, 2025:
2024 Old Dominion Electric Cooperative 990 filed
November 14, 2024:
2023 Old Dominion Electric Cooperative 990 filed
November 14, 2023:
2022 Old Dominion Electric Cooperative 990 filed
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