SHENANDOAH VALLEY ELECTRIC COOPERATIVE
180 OAKWOOD DRIVE, ROCKINGHAM, VA 22801 www.svec.coop

Total Revenue
$262,001,054
Total Expenses
$260,484,410
Net Assets
$187,163,440

Organizations Filed Purposes: SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO MEMBERS OF SVEC

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO MEMBERS OF SVEC. THE THREE LARGEST PROGRAM SERVICES AS MEASURED BY EXPENSES WERE AS FOLLOWS:COST OF POWER: $ 180,537,126DEPRECIATION EXPENSE: $ 19,030,385OTHER SALARIES AND WAGES: $ 21,502,153

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Michael W HastingsPRESIDENT AND CEO55$410,072
Gregory S RogersVP ENG OP55$217,730
Thomas V BeamonASSIST SECRETARY/TREASURER60$215,686
Wayne D Hannah JrVP IT60$192,301
Vivian M MichaelVP HR55$182,002
Jonathan M AulgurVP MEMBER SERVICES50$169,319
Jason E BurchMANAGER OF SYSTEM ENGINEERING55$150,559
Larry HowdyshellCHAIR11.9$27,668
Bill OrndoffSEC/TREAS6.2$23,928
Todd Van HornDIRECTOR7.8$23,390
Robbie F MarchantDIRECTOR7.2$21,490
Suzanne ObenshainVICE CHAIR6.5$21,165
Brian PlumDIRECTOR3.9$20,000
Brent ArbogastDIRECTOR3.2$19,718
Stephen BurkholderDIRECTOR4.7$19,120
Charles H HuffmanDIRECTOR0.9$15,600
J R DofflemyerDIRECTOR - STARTED 6/193.2$13,500
C A HelsleyDIRECTOR - STARTED 6/193.2$13,260
Fred GarberDIRECTOR3.4$11,602
David E FergusonDIRECTOR - ENDED 6/192.8$7,353

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023189349309237_public.xml