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EIN 23-7044964

Socorro Electric Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Socorro
State
New Mexico
Year formed
1970
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Socorro Electric Foundation is a private foundation that provides college scholarships to students located in the service area of Socorro Electric Cooperative. They made 32 grants last year and their nonprofit type is private foundation.
Total revenues
$146,763
2023
Total expenses
$81,778
2023
Total assets
$517,597
2023
Num. employees
0
2023

Program areas at Socorro Electric Foundation

To provide college scholarships to students located in the service area of Socorro Electric cooperative. During 2023 54 students received scholarships.
The Foundation supports local schools with assistance in holding spelling bees, coloring contests, kids' science cafe, and livestock sales.
Grants to support the annual county fair, local 4h, and ffa programs.

Grants made by Socorro Electric Foundation

GranteeGrant descriptionAmount
Kids Science CafeTo Support the Kid's Science Cafe in Learning Opportunities.$2,500
Socorro County Fair and Rodeo AssociationTo Support the Annual County Fair and Local 4H and Ffa Programs$2,500
Valencia Fair ManagementTo Support the Management of County Fairs and Livestock Shows.$1,500

Personnel at Socorro Electric Foundation

NameTitleCompensation
Leroy AnayaPresident$0

Financials for Socorro Electric Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$133,611
Investment income and dividends$8,340
Net rental income$0
Net gain from sale of non-inventory assets$4,812
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$146,763

Form 990s for Socorro Electric Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-02-22990PFView PDF
2022-122023-02-17990PFView PDF
2021-122022-03-24990PFView PDF
2020-122021-06-17990PFView PDF
2019-122020-08-11990PRView PDF
...and 8 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 17, 2023
Updated personnel
Identified 4 new personnel
October 10, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box H
Socorro, NM 87801
County
Socorro County, NM
Website URL
socorroelectric.com/youth 
Phone
(575) 835-0560
IRS details
EIN
23-7044964
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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