A & N Electric Cooperative
501(c)(12)
Strong reserves Growing revenue
A & N Electric Cooperative is a 501(c)(12) organization based in Tasley, Virginia, registered in 1956, with $88,315,179 in FY2024 revenue.
21275 Cooperative Wa, Tasley, VA, 23441 EIN 54-0116855 Since 1956
Revenue (FY2024)
$88.3M
▲ 0.8% vs prior year
Expenses (FY2024)
$87.2M
Net assets
$81.2M
Employees
85
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A & N Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A & N Electric Cooperative: 11 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For A & N Electric Cooperative: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A & N Electric Cooperative: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Safe and effective distribution of electricity to members of the cooperative.
Contact & location
Financial trends
Revenue grew from $70.8M (FY2013) to $88.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $145.9MNet assets $81.2M
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$227.1M
Total liabilities
$145.9M
Net assets
$81.2M
Salaries & benefits
$10.8M
12% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,315,179▲0.8% | $87,176,627▲0.3% | $81,207,625▼0.4% | $227,109,712▲1.3% | 990 |
| 2023 | $87,638,423▲1.5% | $86,885,381▲1.4% | $81,538,900▲0.4% | $224,238,544▲4.3% | 990 |
| 2022 | $86,304,717▲13.2% | $85,672,445▲11.5% | $81,232,625▲2.1% | $215,060,644▲5.5% | 990 |
| 2021 | $76,232,163▲0.8% | $76,843,045▲3.0% | $79,550,038▲4.1% | $203,944,683▼0.3% | 990 |
| 2020 | $75,642,925▼7.6% | $74,569,060▼8.0% | $76,410,551▲4.3% | $204,461,636▲13.2% | 990 |
| 2019 | $81,905,204▼0.2% | $81,032,852▲0.7% | $73,260,754▲7.0% | $180,684,835▲4.4% | 990 |
| 2018 | $82,099,572▲13.1% | $80,502,602▲12.2% | $68,455,509▲15.7% | $173,070,165▲4.1% | 990 |
| 2017 | $72,607,012▼5.3% | $71,738,433▼3.2% | $59,142,475▲4.9% | $166,252,430▲4.4% | 990 |
| 2016 | $76,697,614▼6.4% | $74,145,612▼8.8% | $56,379,940▲2.7% | $159,206,559▲6.3% | 990 |
| 2015 | $81,978,901▲6.2% | $81,268,598▲6.9% | $54,909,680▲9.7% | $149,773,136▲6.5% | 990 |
| 2014 | $77,227,135▲9.1% | $76,045,894▲9.0% | $50,058,468▲5.9% | $140,571,437▼0.5% | 990 |
| 2013 | $70,789,754 | $69,768,096▼2.5% | $47,287,046▲5.2% | $141,281,289▲6.1% | 990 |
| 2012 | — | $71,549,149▼3.1% | $44,969,048▲8.4% | $133,099,475▼0.9% | 990 |
| 2011 | — | $73,862,313▲7.8% | $41,498,105▲11.3% | $134,352,076▲5.9% | 990 |
| 2010 | — | $68,543,591 | $37,289,703 | $126,900,790 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Belvin Williamson Jr — $400,383 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Belvin Williamson Jr | President & | 50 | $400,383 |
| Shawn Hildebrand | Coo | 50 | $233,909 |
| Joe Cataldo | Vp Ops & Con | 50 | $212,588 |
| Roger Blizzard | Vp Hr & Empl | 40 | $189,912 |
| Todd Bireley | Vp Eng & Tec | 50 | $185,290 |
| Ronald Wharton | Substation F | 58 | $171,042 |
| James Parker | Chief Linema | 57 | $170,676 |
| Dana Penney | Director, Ac | 40 | $168,972 |
| Kenneth E Thornton | Serviceman | 56 | $162,520 |
| S Keith Colonna | Director | 6 | $22,225 |
| Addison W Nottingham Jr | Chairman | 6 | $21,275 |
| Ralph W Dodd | Sec/treas | 5 | $20,150 |
| Penney P Holland | Director | 4 | $18,175 |
| Gregory L Duncan Sr | Director | 4 | $18,150 |
| Christopher D Bott | Vice Chairma | 3 | $16,350 |
| E Garrison Drummond | Director | 6 | $14,300 |
| W Edward Shockley III | Director | 1 | $13,350 |
| Mark A Hickman | Director | 2 | $13,050 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Asplundh Tree Expert LLC | Row Clearing | $2,082,077 |
| Rock Creek Line Construction | Line Const | $1,361,186 |
| Lucas Utilities | Underground | $1,000,554 |
| Cooper Power Systems LLC | Spec Equip Supp | $508,502 |
| Sam Analytic Solutions LLC | Consulting | $441,180 |
Grants made · $27K in FY2024
1 grant totaling $27K in FY2024. All grants made by A & N Electric Cooperative →
| Recipient | Purpose | Amount |
|---|---|---|
| Members Helping Members | Meet mission stmt | $27,047 |
Frequently asked questions
- Is A & N Electric Cooperative a legitimate nonprofit?
- Yes. A & N Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 54-0116855, based in Tasley, Virginia.
- What is A & N Electric Cooperative's EIN?
- A & N Electric Cooperative's Employer Identification Number (EIN) is 54-0116855.
- How much revenue does A & N Electric Cooperative report?
- A & N Electric Cooperative reported $88,315,179 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does A & N Electric Cooperative's highest-paid employee make?
- The highest reported compensation on A & N Electric Cooperative's latest Form 990 is $400,383, paid to Belvin Williamson Jr (President &).
More nonprofits in Tasley
Explore more
Data for A & N Electric Cooperative (EIN 54-0116855) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.