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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 Prince George Electric Cooperative

Prince George Electric Cooperative

Fiscal year ending 2023. Filed on May 25, 2024.

7103 General Mahone Highway
Waverly, Virginia 23890

Prince George Electric Cooperative (EIN: 54-0346866) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Prince George Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 69 total employees. Among the employees shown here, the average compensation is $195,477. The highest compensated employee at Prince George Electric Cooperative is Sarat Yellepeddi with fiscal year 2023 compensation of $313,094.

Revenue, expenses, and employee compensation

Revenue

$54,391,598

Expenses

$48,721,481

Employee compensation

$1,874,257
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarat Yellepeddi
President and Chief Executive Officer
$313,094
$285,542 No related comp$27,552
Cary Logan
Former President and CEO
$236,123
$223,372 No related comp$12,751
Robert Howard Hall
Vice President and Chief F
$227,525
$209,646 No related comp$17,879
Walter Lee Chappell
Vice President, Operations
$215,925
$191,041 No related comp$24,884
Justin Harville
General Manager
$175,803
$152,952 No related comp$22,851
Joshua Krenicky
Operations Manager
$143,544
$141,073 No related comp$2,471
Jason Jessup
Construction Foreman
$128,810
$126,904 No related comp$1,906
Douglas Dunn
Journeyman Lineman
$122,991
$121,247 No related comp$1,744

Benchmark Employee Compensation

Non-Employee Board Members

Paul H Brown
Chair
$23,905
$23,905 No related compNo other comp
Denya C Hankerson
Director
$18,819
$18,819 No related compNo other comp
Herbert R Patrick
Secretary and Treasurer
$18,771
$18,771 No related compNo other comp
Keith M Dunn
Vice Chair
$18,081
$18,081 No related compNo other comp
John M Brock Jr
Director
$18,034
$18,034 No related compNo other comp
Matthew P Carden
Director
$17,844
$17,844 No related compNo other comp
Richard B Scott
Assistant Secretary and Treasurer
$17,406
$17,406 No related compNo other comp
Brian E Coey
Director
$17,402
$17,402 No related compNo other comp
James Corl
Director
$11,600
$11,600 No related compNo other comp

Contractors

Xylem Inc.
Tree and Right of Way
$1,477,451
Rivery City Construction Inc.
Fiber and Electric Engineering and Operation
$1,237,152
N & S Construction
Fiber Drops and Install
$631,528
Telics
Mainly Fiber Engineering
$416,012
Cable Protection Services
Line Location
$118,312

Mission Statement

SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS.

Revisions to this organization profile

November 11, 2025:
2024 Prince George Electric Cooperative 990 filed
May 25, 2024:
2023 Prince George Electric Cooperative 990 filed
September 20, 2023:
2022 Prince George Electric Cooperative 990 filed

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