Public Charity

CENTRAL VIRGINIA ELECTRIC COOPERATIVE

CENTRAL VIRGINIA ELECTRIC COOPERATIVE is a Public Charity headquartered in LOVINGSTON, VA. Financial data from the 2024 filing: $124.8M revenue, $123.3M expenses, $481.7M total assets.

EIN: 540164798 LOVINGSTON, VA Latest filing: 2024

Total Revenue$124.8M

Total Expenses$123.3M

Total Assets$481.7M

Grant Records0

Filing Years2019–2024

Mission

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

Officers & Directors

SECRETARY Brian Bates

COO Charles Maurhoff

ENG SVCS MAN Charles Ward

DIRECTOR Francis Caruccio

VICE-CHAIRMA Frank Baber Iii

PRESIDENT & Gary E Wood

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$124.8M	$123.3M	$481.7M
2023	$114.6M	$114.9M	$454.4M
2022	$116.7M	$116.8M	$421.3M
2020	$96.3M	$92.7M	$323.3M
2019	$97.7M	$98.2M	$256.9M

Between 2019 and 2024, reported annual revenue grew from $97.7M to $124.8M (+28%), with total assets most recently reported at $481.7M.

Interactive year-over-year charts and full filing details available with membership.

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