EIN 75-0204684

Concho Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
80
State
Year formed
1940
Most recent tax filings
2023-12-01
Description
Concho Valley Electric Cooperative provides reliable electricity, builds a fiber-optic internet network, and offers renewable energy solutions while engaging the community through educational initiatives.
Total revenues
$51,035,614
2023
Total expenses
$51,035,614
2023
Total assets
$163,180,402
2023
Num. employees
80
2023

Program areas at Concho Valley Electric Cooperative

Electric division:sales of Electric power to members on a Cooperative basis through the allocation of patronage capital. There were 15,996 active services at year end.
Broadband division:sales of fiber based broadband internet services to members on a Cooperative basis. When cumulative net margins derived from member sales of broadband internet services exceed cumulative net losses from such sales, the Cooperative will allocate patronage capital to the member subscribers of this division. There were 297 broadband subscribers at year end.

Personnel at Concho Valley Electric Cooperative

NameTitleCompensation
Kelly LankfordExecutive Vice President and Chief Executive Officer$311,468
Sid LongInterim Chief Executive Officer
Weldon GrayExecutive Vice President and Chief Executive Officer
Alton RollansGeneral Manager
Dave WatsonDirector of Finance and Office Services
...and 12 more key personnel

Financials for Concho Valley Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$50,743,794
Investment income and dividends$47,934
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$30,823
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$68,161
Miscellaneous revenues$144,902
Total revenues$51,035,614

Form 990s for Concho Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122019-12-27990View PDF
...and 9 more Form 990s

Organizations like Concho Valley Electric Cooperative

OrganizationLocationRevenue
Citizens Electric CorporationPerryville, MO$140,040,021
Bartlett Electric CooperativeBartlett, TX$47,578,193
Jackson Energy CooperativeMckee, KY$123,029,209
West Central Electric CooperativeMurdo, SD$18,074,256
DS&O Electric CooperativeSolomon, KS$22,300,999
Columbus Electric CooperativeDeming, NM$15,538,058
Piedmont Electric Membership CorporationHillsborough, NC$76,825,164
Consumers EnergyMarshalltown, IA$24,804,115
Northern Lights IncorporatedSagle, ID$44,733,936
Deaf Smith Electric CooperativeHereford, TX$75,169,966
Data update history
January 28, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
December 19, 2024
Updated personnel
Identified 3 new personnel
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
Education
Characteristics
Receives government funding
General information
Address
PO Box 3388
San Angelo, TX 76902
Metro area
San Angelo, TX
County
Tom Green County, TX
Website URL
cvec.coop/ 
Phone
(325) 655-6957
IRS details
EIN
75-0204684
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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