Northern Neck Electric Cooperative

Unknown organization based in Warsaw, VA. 64 employees. Exempt under §501(c)(12).

MissionSAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF THE COOPERATIVE

EIN
54-0322350
State
VA
Sector
Unknown
Budget band
$25M–$50M
Latest filing
TY 2024
Records
7 officers · 6 years

Financial snapshot · TY 2024

$48.2M
Total revenue
$47.0M
Total expenses
$115.9M
Net assets

Financial health · TY 2024

31
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
74
13.2 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
8
Mix of program fees, grants & contributions

Leadership compensation

$678,317
Valerie Hinson
VP CORP SERV
$355,606
Richard E Mclendon
VP OPERATION
$309,708
Glenn Purcell
VP MEMBER SV
$263,917
Pamela M Davis
VP FINANCE
$252,006

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