NEW MEXICO RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION INC
EIN 85-0155370 SANTA FE, NM
- 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 MorrowTIMOTHY MORROW
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Charles WagnerCHARLES WAGNER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 7
-
Duane FrostDUANE FROST
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Chris MartinezCHRIS MARTINEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Keith GottliebKEITH GOTTLIEB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles T Pinson JrCHARLES T PINSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Thomas RivasTHOMAS RIVAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Preston StonePRESTON STONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4.6
-
Antonio SanchezANTONIO SANCHEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Eric SegoviaERIC SEGOVIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
Raymond RuffiniRAYMOND RUFFINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 10
-
Wayne ConnellWAYNE CONNELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bobby FerrisBOBBY FERRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ron BurnettRON BURNETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James OrtizJAMES ORTIZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Manuel BustosMANUEL BUSTOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joe ReeserJOE REESER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 8
-
Charise Swanson 124 - 1124CHARISE 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 TuckerLONNIE 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.
Grants received
-
2024 EDUCATIONAL FUND- DIRECTOR TRAINING
-
2022 EDUCATIONAL FUND-EMPLOYEE AND DIRECTOR EDUCATION COURSES
-
2023 EDUCATIONAL FUND-DIRECTOR TRAINING
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
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
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.