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Employer Identification Number 54-0346866

PRINCE GEORGE ELECTRIC COOPERATIVE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:PRINCE GEORGE ELECTRIC COOPERATIVE
Employer identification number (EIN):54-0346866
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationVirgninia, VA

Organization Overview

Mission StatementSALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS
Number of Employees49
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileVA
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 52,281,562
Program Service Revenue from current yearUSD $ 52,294,474
Investment Income from prior yearUSD $ 186,039
Investment Income from current yearUSD $ 1,671,427
Other Revenue from prior yearUSD $ 619,837
Other Revenue from current yearUSD $ 425,697
Gross receipts from all sourcesUSD $ 54,391,598
Net assets / fund balances at end of fiscal yearUSD $ 39,862,789
Net assets / fund balances at beginning of fiscal yearUSD $ 37,701,322
Total liabilities at end of fiscal yearUSD $ 66,491,775
Total liabilities at beginning of fiscal yearUSD $ 63,776,829
Total assets at end of fiscal yearUSD $ 106,354,564
Total assets at beginning of fiscal yearUSD $ 101,478,151
Revenues less expenses for current yearUSD $ 5,670,117
Revenues less expenses for previous yearUSD $ 6,063,548
Total expenses for current yearUSD $ 48,721,481
Total expenses for previous yearUSD $ 47,023,890
Other expenses in current yearUSD $ 46,091,670
Other expenses in previous yearUSD $ 44,861,775
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,874,257
Employee salary and benefits paid in previous yearUSD $ 1,719,996
Benefits paid to or for members in current yearUSD $ 755,554
Benefits paid to or for members in previous yearUSD $ 442,119
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 54,391,598
Total revenue in previous fiscal yearUSD $ 53,087,438
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 425,697
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 41,392,570
Program Service Revenue from current yearUSD $ 52,281,562
Investment Income from prior yearUSD $ 25,719
Investment Income from current yearUSD $ 186,039
Other Revenue from prior yearUSD $ 522,866
Other Revenue from current yearUSD $ 619,837
Gross receipts from all sourcesUSD $ 53,087,438
Net assets / fund balances at end of fiscal yearUSD $ 37,701,322
Net assets / fund balances at beginning of fiscal yearUSD $ 35,130,903
Total liabilities at end of fiscal yearUSD $ 63,776,829
Total liabilities at beginning of fiscal yearUSD $ 59,890,417
Total assets at end of fiscal yearUSD $ 101,478,151
Total assets at beginning of fiscal yearUSD $ 95,021,320
Revenues less expenses for current yearUSD $ 6,063,548
Revenues less expenses for previous yearUSD $ 1,766,290
Total expenses for current yearUSD $ 47,023,890
Total expenses for previous yearUSD $ 40,174,865
Other expenses in current yearUSD $ 44,861,775
Other expenses in previous yearUSD $ 37,639,289
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,719,996
Employee salary and benefits paid in previous yearUSD $ 1,592,486
Benefits paid to or for members in current yearUSD $ 442,119
Benefits paid to or for members in previous yearUSD $ 943,090
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 53,087,438
Total revenue in previous fiscal yearUSD $ 41,941,155
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 619,837
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 39,747,797
Program Service Revenue from current yearUSD $ 41,392,570
Investment Income from prior yearUSD $ 30,482
Investment Income from current yearUSD $ 25,719
Other Revenue from prior yearUSD $ 320,112
Other Revenue from current yearUSD $ 522,866
Gross receipts from all sourcesUSD $ 41,941,155
Net assets / fund balances at end of fiscal yearUSD $ 35,130,903
Net assets / fund balances at beginning of fiscal yearUSD $ 33,334,353
Total liabilities at end of fiscal yearUSD $ 59,890,417
Total liabilities at beginning of fiscal yearUSD $ 61,718,837
Total assets at end of fiscal yearUSD $ 95,021,320
Total assets at beginning of fiscal yearUSD $ 95,053,190
Revenues less expenses for current yearUSD $ 1,766,290
Revenues less expenses for previous yearUSD $ 1,227,681
Total expenses for current yearUSD $ 40,174,865
Total expenses for previous yearUSD $ 38,870,710
Other expenses in current yearUSD $ 37,639,289
Other expenses in previous yearUSD $ 37,038,643
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,592,486
Employee salary and benefits paid in previous yearUSD $ 1,649,348
Benefits paid to or for members in current yearUSD $ 943,090
Benefits paid to or for members in previous yearUSD $ 182,719
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,941,155
Total revenue in previous fiscal yearUSD $ 40,098,391
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 522,866
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 41,200,510
Program Service Revenue from current yearUSD $ 39,747,797
Investment Income from prior yearUSD $ 37,241
Investment Income from current yearUSD $ 30,482
Other Revenue from prior yearUSD $ 130,156
Other Revenue from current yearUSD $ 320,112
Gross receipts from all sourcesUSD $ 40,098,391
Net assets / fund balances at end of fiscal yearUSD $ 33,334,353
Net assets / fund balances at beginning of fiscal yearUSD $ 32,071,815
Total liabilities at end of fiscal yearUSD $ 61,718,837
Total liabilities at beginning of fiscal yearUSD $ 57,221,315
Total assets at end of fiscal yearUSD $ 95,053,190
Total assets at beginning of fiscal yearUSD $ 89,293,130
Revenues less expenses for current yearUSD $ 1,227,681
Revenues less expenses for previous yearUSD $ 650,183
Total expenses for current yearUSD $ 38,870,710
Total expenses for previous yearUSD $ 40,717,724
Other expenses in current yearUSD $ 37,038,643
Other expenses in previous yearUSD $ 38,521,248
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,649,348
Employee salary and benefits paid in previous yearUSD $ 1,446,836
Benefits paid to or for members in current yearUSD $ 182,719
Benefits paid to or for members in previous yearUSD $ 749,640
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 40,098,391
Total revenue in previous fiscal yearUSD $ 41,367,907
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 320,112
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 39,187,288
Program Service Revenue from current yearUSD $ 41,200,510
Investment Income from prior yearUSD $ 90,532
Investment Income from current yearUSD $ 37,241
Other Revenue from prior yearUSD $ 42,314
Other Revenue from current yearUSD $ 130,156
Gross receipts from all sourcesUSD $ 41,367,907
Net assets / fund balances at end of fiscal yearUSD $ 32,071,815
Net assets / fund balances at beginning of fiscal yearUSD $ 30,856,983
Total liabilities at end of fiscal yearUSD $ 57,221,315
Total liabilities at beginning of fiscal yearUSD $ 44,626,330
Total assets at end of fiscal yearUSD $ 89,293,130
Total assets at beginning of fiscal yearUSD $ 75,483,313
Revenues less expenses for current yearUSD $ 650,183
Revenues less expenses for previous yearUSD $ 696,681
Total expenses for current yearUSD $ 40,717,724
Total expenses for previous yearUSD $ 38,623,453
Other expenses in current yearUSD $ 38,521,248
Other expenses in previous yearUSD $ 36,882,272
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,446,836
Employee salary and benefits paid in previous yearUSD $ 1,271,117
Benefits paid to or for members in current yearUSD $ 749,640
Benefits paid to or for members in previous yearUSD $ 470,064
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,367,907
Total revenue in previous fiscal yearUSD $ 39,320,134
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 130,156
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,677,332
Program Service Revenue from current yearUSD $ 39,187,288
Investment Income from prior yearUSD $ 57,294
Investment Income from current yearUSD $ 90,532
Other Revenue from prior yearUSD $ 9,554
Other Revenue from current yearUSD $ 42,314
Gross receipts from all sourcesUSD $ 39,320,134
Net assets / fund balances at end of fiscal yearUSD $ 30,856,983
Net assets / fund balances at beginning of fiscal yearUSD $ 30,027,245
Total liabilities at end of fiscal yearUSD $ 44,626,330
Total liabilities at beginning of fiscal yearUSD $ 39,637,516
Total assets at end of fiscal yearUSD $ 75,483,313
Total assets at beginning of fiscal yearUSD $ 69,664,761
Revenues less expenses for current yearUSD $ 696,681
Revenues less expenses for previous yearUSD $ 799,394
Total expenses for current yearUSD $ 38,623,453
Total expenses for previous yearUSD $ 33,944,786
Other expenses in current yearUSD $ 36,882,272
Other expenses in previous yearUSD $ 31,894,801
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,271,117
Employee salary and benefits paid in previous yearUSD $ 1,120,181
Benefits paid to or for members in current yearUSD $ 470,064
Benefits paid to or for members in previous yearUSD $ 929,804
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 39,320,134
Total revenue in previous fiscal yearUSD $ 34,744,180
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 42,314
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,932,615
Program Service Revenue from current yearUSD $ 34,677,332
Investment Income from prior yearUSD $ 43,913
Investment Income from current yearUSD $ 57,294
Other Revenue from prior yearUSD $ 9,463
Other Revenue from current yearUSD $ 9,554
Gross receipts from all sourcesUSD $ 34,744,180
Net assets / fund balances at end of fiscal yearUSD $ 30,027,245
Net assets / fund balances at beginning of fiscal yearUSD $ 29,116,494
Total liabilities at end of fiscal yearUSD $ 39,637,516
Total liabilities at beginning of fiscal yearUSD $ 36,906,962
Total assets at end of fiscal yearUSD $ 69,664,761
Total assets at beginning of fiscal yearUSD $ 66,023,456
Revenues less expenses for current yearUSD $ 799,394
Revenues less expenses for previous yearUSD $ 387,508
Total expenses for current yearUSD $ 33,944,786
Total expenses for previous yearUSD $ 34,598,483
Other expenses in current yearUSD $ 31,894,801
Other expenses in previous yearUSD $ 32,832,497
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,120,181
Employee salary and benefits paid in previous yearUSD $ 975,242
Benefits paid to or for members in current yearUSD $ 929,804
Benefits paid to or for members in previous yearUSD $ 790,744
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 34,744,180
Total revenue in previous fiscal yearUSD $ 34,985,991
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 9,554
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 37,421,431
Program Service Revenue from current yearUSD $ 34,932,615
Investment Income from prior yearUSD $ 46,407
Investment Income from current yearUSD $ 43,913
Other Revenue from prior yearUSD $ 5,757
Other Revenue from current yearUSD $ 9,463
Gross receipts from all sourcesUSD $ 34,985,991
Net assets / fund balances at end of fiscal yearUSD $ 29,116,494
Net assets / fund balances at beginning of fiscal yearUSD $ 28,640,425
Total liabilities at end of fiscal yearUSD $ 36,906,962
Total liabilities at beginning of fiscal yearUSD $ 37,344,101
Total assets at end of fiscal yearUSD $ 66,023,456
Total assets at beginning of fiscal yearUSD $ 65,984,526
Revenues less expenses for current yearUSD $ 387,508
Revenues less expenses for previous yearUSD $ 160,349
Total expenses for current yearUSD $ 34,598,483
Total expenses for previous yearUSD $ 37,313,246
Other expenses in current yearUSD $ 32,832,497
Other expenses in previous yearUSD $ 35,943,442
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 975,242
Employee salary and benefits paid in previous yearUSD $ 1,100,593
Benefits paid to or for members in current yearUSD $ 790,744
Benefits paid to or for members in previous yearUSD $ 269,211
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 34,985,991
Total revenue in previous fiscal yearUSD $ 37,473,595
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 9,463
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 35,326,694
Program Service Revenue from current yearUSD $ 37,421,431
Investment Income from prior yearUSD $ 48,602
Investment Income from current yearUSD $ 46,407
Other Revenue from prior yearUSD $ 5,674
Other Revenue from current yearUSD $ 5,757
Gross receipts from all sourcesUSD $ 37,473,975
Net assets / fund balances at end of fiscal yearUSD $ 28,640,425
Net assets / fund balances at beginning of fiscal yearUSD $ 28,852,477
Total liabilities at end of fiscal yearUSD $ 37,344,101
Total liabilities at beginning of fiscal yearUSD $ 37,683,629
Total assets at end of fiscal yearUSD $ 65,984,526
Total assets at beginning of fiscal yearUSD $ 66,536,106
Revenues less expenses for current yearUSD $ 160,349
Revenues less expenses for previous yearUSD $ -303,098
Total expenses for current yearUSD $ 37,313,246
Total expenses for previous yearUSD $ 35,684,068
Other expenses in current yearUSD $ 35,943,442
Other expenses in previous yearUSD $ 33,106,776
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,100,593
Employee salary and benefits paid in previous yearUSD $ 1,012,303
Benefits paid to or for members in current yearUSD $ 269,211
Benefits paid to or for members in previous yearUSD $ 1,564,989
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 37,473,595
Total revenue in previous fiscal yearUSD $ 35,380,970
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 5,757

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 540346866

USA Mailing Address
7103 GENERAL MAHONE HIGHWAY
WAVERLY
VA
23890
Date first seen: 2012-01-01
Date last seen: 2024-05-25

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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