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NEW MEXICO RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION INC

EIN 85-0155370 SANTA FE, NM

Browse the largest nonprofits in New Mexico

Revenue 2024
$2,891,752
Expenses 2024
$2,899,664

As filed

Subsection
06
Classification
2000
Street
614 DON GASPAR AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE MISSION OF THE NEW MEXICO RURAL ELECTRIC COOPERATIVES (NMREC) IS TO ADVANCE PROTECT AND ADVOCATE MEMBER INTERESTS.

  • PROVIDING EDUCATION, PERSONAL TRAINING AND ADVOCACY FOR 15 NEW MEXICO ELECTRIC COOPERATIVES, 2 GENERATION AND TRANSMISSION COOPERATIVES, AND 3 RURAL ELECTRIC DISTRIBUTION COOPERATIVE ASSOCIATE MEMBERS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Timothy Morrow

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Charles Wagner

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    7
  • Duane Frost

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Chris Martinez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Keith Gottlieb

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Charles T Pinson Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Thomas Rivas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Preston Stone

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4.6
  • Antonio Sanchez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Eric Segovia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • Raymond Ruffini

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10
  • Wayne Connell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bobby Ferris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ron Burnett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James Ortiz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Manuel Bustos

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Joe Reeser

    TRUSTEE

    Total calculated
    $0
    Hours/week
    8
  • Charise Swanson 124 - 1124

    CEO & GENERAL MANAGER

    Total calculated
    $261,359
    From this org
    $214,079
    From related orgs
    $0
    Other
    $47,280
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,079
    Bonus
    $0
    Other
    $0
    Deferred
    $32,240
    Nontaxable benefits
    $15,040
    Filer's total
    $261,359
  • Lonnie Tucker

    VP COMMUNICATIONS

    Total calculated
    $196,261
    From this org
    $140,166
    From related orgs
    $0
    Other
    $56,095
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,166
    Bonus
    $0
    Other
    $0
    Deferred
    $29,812
    Nontaxable benefits
    $26,283
    Filer's total
    $196,261

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,891,752
    Expenses
    $2,899,664
    Contributions
    $70,372
    Grants paid
    $6,000
  • 2023
    Revenue
    $2,318,252
    Expenses
    $2,340,724
    Contributions
    $29,500
    Grants paid
    $6,000
  • 2022
    Revenue
    $2,014,147
    Expenses
    $2,207,785
    Contributions
    $26,600
    Grants paid
    $6,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,814,637
    Expenses
    $1,778,721
    Assets (EOY)
    $642,696
  • 2020 · 990

    Revenue
    $1,904,194
    Expenses
    $1,861,848
    Assets (EOY)
    $659,270
  • 2019 · 990

    Revenue
    $1,900,051
    Expenses
    $1,929,329
    Assets (EOY)
    $630,916
  • 2018 · 990

    Revenue
    $1,950,988
    Expenses
    $1,930,290
    Assets (EOY)
    $764,448
  • 2017 · 990

    Revenue
    $1,873,774
    Expenses
    $1,906,775
    Assets (EOY)
    $723,230
  • 2016 · 990

    Revenue
    $2,020,901
    Expenses
    $1,956,425
    Assets (EOY)
    $808,965
  • 2015 · 990

    Revenue
    $1,837,765
    Expenses
    $1,920,458
    Assets (EOY)
    $755,689
  • 2014 · 990

    Revenue
    $1,816,352
    Expenses
    $1,794,053
    Assets (EOY)
    $864,532
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,771,026
    Assets (EOY)
    $479,394
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $1,711,198
    Assets (EOY)
    $464,817

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • NEW MEXICO STATE UNIVERSITY

    $6,000

    2022 DONATION TO ELECTRIC UTILITY MANAGEMENT PROGRAM.

  • NEW MEXICO STATE UNIVERSITY

    $6,000

    2023 DONATION TO ELECTRIC UTILITY MANAGEMENT PROGRAM.

  • NEW MEXICO STATE UNIVERSITY

    $6,000

    2024 DONATION TO ELECTRIC UTILITY MANAGEMENT PROGRAM.

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.