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  3. Central Valley Electric Cooperative
EIN 85-0027414

Central Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
93
City
Artesia
State
New Mexico
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Central Valley Electric Cooperative prioritizes providing electric energy to rural areas at cost on a cooperative basis. It is dedicated to personalized quality service for its members and the economic vitality of its community. The cooperative achieves this by allocating patronage capital to its 15,231 active services as of year end.
Total revenues
$89,450,287
2022
Total expenses
$89,438,287
2022
Total assets
$225,823,114
2022
Num. employees
93
2022

Program areas at Central Valley Electric Cooperative

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 15,231 active services at year end.

Personnel at Central Valley Electric Cooperative

NameTitleCompensation
Charles PinsonExecutive Vice President and General Manager$245,203
Philip McKeeManager of Operations Engineering$144,548
Michael AndersonManager of Finance and Administrator / Manager of Finance and Administration / Assistant Manager$167,707
Wade NelsonManager of Distribution Engineering$138,390
Aaron HornerLine Superintendent$117,668
...and 7 more key personnel

Financials for Central Valley Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$89,284,619
Investment income and dividends$70,819
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$64,245
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$30,604
Total revenues$89,450,287

Form 990s for Central Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-11-03990View PDF
2019-122021-06-08990View PDF
2018-122020-02-12990View PDF
...and 9 more Form 990s

Organizations like Central Valley Electric Cooperative

OrganizationLocationRevenue
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Consumers PowerPhilomath, OR$47,215,867
Wild Rice Electric CooperativeMahnomen, MN$36,527,960
Northcentral Electric CooperativeOlive Branch, MS$142,343,736
South Central Electric AssociationSt James, MN$26,307,793
Wharton County Electric Cooperative (WCEC)El Campo, TX$28,692,151
Continental Divide Electric CooperativeGrants, NM$65,112,432
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Tideland Electric Membership CorporationPantego, NC$52,378,506
Otero County Electric Cooperative (OCEC)Cloudcroft, NM$35,254,461
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 5 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 230
Artesia, NM 88211
County
Eddy County, NM
Website URL
cvecoop.org/ 
Phone
(575) 746-3571
IRS details
EIN
85-0027414
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
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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