Old Dominion Electric Cooperative
Glen Allen, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 93 peers in Unclassified with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,091,559,152↑8% | $1,086,139,052↑8% | $2,225,303,668↑1% | — |
| 2022 | $1,012,166,528↑26% | $1,007,139,251↑26% | $2,198,477,737↑1% | — |
| 2021 | $801,442,287↓2% | $796,453,743↓2% | $2,169,039,010↑5% | — |
| 2020 | $820,958,390↓13% | $815,907,591↓13% | $2,061,730,407↓5% | — |
| 2019 | $939,910,337 | $934,902,122 | $2,163,320,070↑5% | — |
| 2018 | $943,340,045↑20% | $938,308,277↑19% | $2,061,119,094↓6% | — |
| 2017 | $787,886,820↓12% | $786,798,910↓13% | $2,203,416,000↑4% | — |
| 2016 | $900,341,502↓14% | $899,574,345↓14% | $2,124,394,374↑6% | — |
| 2015 | $1,049,010,935↑7% | $1,048,253,692↑7% | $2,002,715,236↑23% | — |
| 2014 | $975,938,757↑13% | $975,159,313↑13% | $1,633,056,158↑7% | — |
| 2013 | $866,713,190↑1% | $865,887,283↑1% | $1,524,899,401 | — |
| 2012 | $861,722,358↓6% | $859,945,397↓6% | $1,532,297,435↓2% | — |
| 2011 | $919,567,412↑7% | $917,777,656↑8% | $1,564,464,736↑4% | — |
| 2010 | $862,420,998 | $848,849,099 | $1,499,939,298 | — |
Frequently Asked Questions
What does Old Dominion Electric Cooperative do?▼
Old Dominion Electric Cooperative is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Old Dominion Electric Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Old Dominion Electric Cooperative has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Old Dominion Electric Cooperative generate?▼
Old Dominion Electric Cooperative reports $1.1B in annual revenue and holds $2.2B in total assets, based on IRS filings.
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