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SOCORRO ELECTRIC COOPERATIVE INC

EIN 85-0084968 SOCORRO, NM

Largest nonprofits in New Mexico

Revenue 2024
$27,251,737
Expenses 2024
$27,248,802

As filed

Subsection
12
Classification
4000
Street
PO BOX H

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).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

IT SHALL BE THE AIM OF THE SOCORRO ELECTRIC COOPERATIVE, INC. TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Activities or mission (Part I)

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

  • PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 13,185 ACTIVE SERVICES AT YEAR END.

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.

  • Leroy Anaya

    PRESIDENT

    Total calculated
    $9,432
    From this org
    $9,432
    From related orgs
    $0
    Other
    $0
    Hours/week
    21.7
  • Michael Bowden

    TRUSTEE

    Total calculated
    $2,925
    From this org
    $2,925
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.3
  • Ronald Burnett

    VICE PRESIDENT

    Total calculated
    $4,119
    From this org
    $4,119
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.8
  • Eileen Latasa

    SECRETARY/TREASURER

    Total calculated
    $8,143
    From this org
    $8,143
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.1
  • Ward McCartney III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5
  • Stephen Rosas

    TRUSTEE

    Total calculated
    $5,422
    From this org
    $5,422
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.6
  • David Wade

    TRUSTEE (JAN-JUNE)

    Total calculated
    $1,457
    From this org
    $1,457
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.9
  • David Lyn Wade

    TRUSTEE (JULY-DEC)

    Total calculated
    $1,959
    From this org
    $1,959
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.7
  • Joseph Herrera

    CEO/GENERAL MANAGER

    Total calculated
    $293,661
    From this org
    $238,840
    From related orgs
    $0
    Other
    $54,821
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $148,912
    Bonus
    $0
    Other
    $89,928
    Deferred
    $29,554
    Nontaxable benefits
    $25,267
    Filer's total
    $293,661
  • Jimmy W Capps Jr

    CFO

    Total calculated
    $177,530
    From this org
    $119,778
    From related orgs
    $0
    Other
    $57,752
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $118,950
    Bonus
    $828
    Other
    $0
    Deferred
    $34,053
    Nontaxable benefits
    $23,699
    Filer's total
    $177,530
  • Donna Wilkins

    INTERIM CEO/GM

    Total calculated
    $153,342
    From this org
    $114,697
    From related orgs
    $0
    Other
    $38,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,630
    Bonus
    $8,067
    Other
    $0
    Deferred
    $14,946
    Nontaxable benefits
    $23,699
    Filer's total
    $153,342
  • David Montoya

    SAFETY COOR./LINE SUPER.

    Total calculated
    $161,204
    From this org
    $106,772
    From related orgs
    $0
    Other
    $54,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $103,038
    Bonus
    $3,734
    Other
    $0
    Deferred
    $30,733
    Nontaxable benefits
    $23,699
    Filer's total
    $161,204
  • Tony Lopez

    LEAD LINE FOREMAN

    Total calculated
    $178,274
    From this org
    $122,768
    From related orgs
    $0
    Other
    $55,506
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $99,787
    Bonus
    $22,981
    Other
    $0
    Deferred
    $21,816
    Nontaxable benefits
    $33,690
    Filer's total
    $178,274
  • Jason Otero

    LINE SUPERINTENDENT

    Total calculated
    $143,959
    From this org
    $117,824
    From related orgs
    $0
    Other
    $26,135
    Hours/week
    41
  • Ernest Torres

    JOURNEYMAN FOREMAN

    Total calculated
    $145,314
    From this org
    $113,082
    From related orgs
    $0
    Other
    $32,232
    Hours/week
    48
  • Glenn Calvert

    JOURNEYMAN LINEMAN

    Total calculated
    $151,563
    From this org
    $105,686
    From related orgs
    $0
    Other
    $45,877
    Hours/week
    51

    Schedule J breakdown matched by us

    Base
    $70,878
    Bonus
    $34,808
    Other
    $0
    Deferred
    $12,324
    Nontaxable benefits
    $33,553
    Filer's total
    $151,563

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
    $27,251,737
    Expenses
    $27,248,802
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $25,684,316
    Expenses
    $25,617,683
    Contributions
    $0
    Grants paid
    $500
  • 2022
    Revenue
    $24,844,761
    Expenses
    $24,825,374
    Contributions
    $0
    Grants paid
    $370

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
    $25,079,348
    Expenses
    $25,111,953
    Assets (EOY)
    $80,643,837
  • 2020 · 990

    Revenue
    $25,472,431
    Expenses
    $25,401,442
    Assets (EOY)
    $80,324,811
  • 2019 · 990

    Revenue
    $26,611,473
    Expenses
    $26,654,081
    Assets (EOY)
    $73,889,888
  • 2018 · 990

    Revenue
    $26,760,713
    Expenses
    $26,776,161
    Assets (EOY)
    $74,772,690
  • 2017 · 990

    Revenue
    $26,391,691
    Expenses
    $26,351,116
    Assets (EOY)
    $72,877,345
  • 2016 · 990

    Revenue
    $25,633,370
    Expenses
    $25,703,300
    Assets (EOY)
    $73,423,594
  • 2015 · 990

    Revenue
    $25,606,465
    Expenses
    $25,502,619
    Assets (EOY)
    $73,268,496
  • 2014 · 990

    Revenue
    $25,135,791
    Expenses
    $24,728,498
    Assets (EOY)
    $70,576,729
  • 2013 · 990

    Revenue
    $25,449,294
    Expenses
    $25,261,470
    Assets (EOY)
    $72,189,934
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $24,963,920
    Assets (EOY)
    $70,114,201

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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 on its 2024 return

  • SOCORRO ELECTRIC FOUNDATION

    501(C)(3) · PROVIDE SCHOLARSHIPS & EDUCATIONAL OPPORTUNITIES IN THE COOP'S SERVICE AREA · NM · controlled entity

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 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.