CSCharityScored
90

Central Virginia Electric Cooperative

Other · Lovingston, Virginia

Po Box 247, Lovingston, VA 22949-0247

EIN: 540164798· Founded: Mar 1939· 87 years active· Filing Year: 2023

Annual Revenue

$114.6M

Total Expenses

$114.9M

Total Assets

$454.4M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.0M

1.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$14.0M

Total Payroll

$16.0M

14% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 14%
Other overhead: 8%
Program Revenue$105.3M (92%)
Total Expenses$114.9M (100%)
Payroll$16.0M (14%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$114.6M annual revenue

15%

Executive Compensation

$2.0M total officer comp (1.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$454.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.