EIN 85-0155370

New Mexico Rural Electrification Cooperative Association (NMRECA)

IRS 501(c) type
501(c)(6)
Num. employees
6
Year formed
1954
Most recent tax filings
2022-12-01
NTEE code, primary
Description
To strengthen, support, unify and represent member cooperative interests at the local, state and national levels. NMRECA represents the interest of the state's electric cooperatives and their members through legislative and regulatory representation.
Also known as...
New Mexico Rural Electric Cooperative Association
Total revenues
$2,014,147
2022
Total expenses
$2,207,785
2022
Total assets
$552,094
2022
Num. employees
6
2022

Program areas at NMRECA

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.

Who funds New Mexico Rural Electrification Cooperative Association (NMRECA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cooperative Finance Corporation (CFC)Educational Fund-Employee and Director Education Courses$14,500

Personnel at NMRECA

NameTitleCompensation
Charise SwansonChief Executive Officer and General Manager
Edward RougemontSelf Insurer's Fund Admini / Self Insurer's Fund Admini / Self Insurer's Fund Admini / Self Insurer's Fund Admini / Self Insurer's Fund Administrator$117,727
Keven GroenewoldPast Chief Executive Officer and General Manager / Executive Vice President and General Manager$273,519
Charles T PinsonPresident$0
Timothy MorrowVice President / Secretary and Treasurer / Trustee$0
...and 1 more key personnel

Financials for NMRECA

RevenuesFYE 12/2022
Total grants, contributions, etc.$26,600
Program services$1,895,664
Investment income and dividends$110
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$10,436
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$0
Miscellaneous revenues$81,337
Total revenues$2,014,147

Form 990s for NMRECA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-28990View PDF
2017-122019-03-15990View PDF
...and 9 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 4 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $14,500 from Cooperative Finance Corporation (CFC)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesBusiness and community development organizations
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
Address
614 Don Gaspar
Santa Fe, NM 87505
Metro area
Santa Fe, NM
County
Santa Fe County, NM
Website URL
nmelectric.coop/ 
Phone
(505) 982-4671
Facebook page
nmreca 
IRS details
EIN
85-0155370
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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