Virginia Maryland and Delaware Association of Electric Cooperatives

Nonprofit profile at a glance

EIN
540553861
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Glen Allen, VA, USA
Phone
8043463344
Rating confidence
Limited

Official website

Reported finances

Revenue
$10,049,085
Expenses
$9,864,851
Assets
$4,352,259
Liabilities
$810,680

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • BRIAN MOSIER (PRESIDENT & CEO)

Highest reported compensation

  • BRIAN MOSIER (PRESIDENT & CEO): $729,662 total reported compensation
  • SAMUEL BRUMBERG (VP & GENERAL COUNSEL): $310,375 total reported compensation
  • ALAN W SCRUGGS (VP SAFETY & TRAINING SE): $279,735 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Trade association for electric cooperatives

What it reported doing in 2025

Publication and distribution of trade association magazine, membership directory and other publications, communications and public relations efforts for members.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 71
  • Accountability: 91
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.8%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 19.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 12th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 31 of 31 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $730K · 41 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $813K reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.