EIN 85-0092965

Central New Mexico Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
70
Year formed
1945
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Central New Mexico Electric Cooperative delivers safe and reliable energy to the communities it serves as a not-for-profit, member-owned utility. It provides high-quality electric services through education and community outreach, following the seven cooperative principles. The cooperative sells electric power to its members at cost on a cooperative basis, allocating patronage capital. At year end, there were 18,464 meters/services.
Total revenues
$40,050,611
2023
20192020202120222023$36m$38m$40m
Total expenses
$39,797,236
2023
20192020202120222023$36m$38m$40m
Total assets
$106,066,586
2023
20192020202120222023$0.1b$0.1b$0.1b
Num. employees
70
2023
2019202020212022202304080

Program areas at Central New Mexico Electric Cooperative

Sale of Electric power to members at cost on a Cooperative basis through the allocation of patronage capital. There were 18,898 meters/services at year end.

Personnel at Central New Mexico Electric Cooperative

NameTitleCompensation
Alena BrandenbergerChief Executive Officer$165,394
Joshua GormanChief Financial Officer$76,050
Ernesto AcostaJourneyman Lineman$104,111
Fred MartinLine Foreman / Line Foreman / Line Foreman / Journeyman Lineman$123,860
Jeremiah KeckLine Foreman / Line Foreman / Line Foreman / Line Foreman / Line Foreman / Line Foreman / Journeyman$123,451
...and 10 more key personnel

Financials for Central New Mexico Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$39,420,783
Investment income and dividends$391,504
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$12,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-8,359
Miscellaneous revenues$234,683
Total revenues$40,050,611

Form 990s for Central New Mexico Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-07990View PDF
2021-122022-11-15990View PDF
2020-122021-11-10990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Central New Mexico Electric Cooperative

OrganizationLocationRevenue
Cookson Hills Electric Cooperative (CHEC)Stigler, OK$41,827,049
Yampa Valley Electric AssociationSteamboat Springs, CO$75,827,227
Lacreek Electric AssociationMartin, SD$16,464,871
Orcas Power and Light CooperativeEastsound, WA$36,286,957
San Patricio Electric CooperativeSinton, TX$33,604,198
Dakota Valley Electric CooperativeEdgeley, ND$61,076,760
Canadian Valley Electric CooperativeSeminole, OK$68,485,719
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Pentex EnergyMuenster, TX$60,601,561
Mclean Electric CooperativeGarrison, ND$17,551,685
Data update history
October 19, 2024
Updated personnel
Identified 4 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 2 new personnel
December 30, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelCommunity engagement / volunteering
General information
Address
PO Box 157
Mountainair, NM 87036
Metro area
Albuquerque, NM
County
Torrance County, NM
Website URL
cnmec.org/ 
Phone
(505) 832-4483
IRS details
EIN
85-0092965
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1945
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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