NonprofitsCentral New Mexico Electric Cooperative Incorporated

Central New Mexico Electric Cooperative Incorporated

MOUNTAINAIR, NM

Total revenue

$43.2M

Total expenses

$43.3M

Net assets

$60.1M

Grants received

EIN

850092965

Tax year

2024

Mission

To provide high quality electric services to its members on a cooperative basis.

Programs

1 program

During 2024, the cooperative began providing broadband services to members on a patronage basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$42.7M
Investment income$265K
Other revenue$236K
Total revenue$43.2M

Expenses

Grants paid$28K
Salaries & benefits$5.5M
Fundraising
Other expenses$34.1M
Total expenses$43.3M
Total assets$119.3M
Net assets$60.1M

People

16 listed

NameRoleCompensation

ALENA BRANDENBERGER

CEO

Board

$170K

40 hrs/wk

ALEXANDRA SANDOVAL

CFO (JAN-OCT)

Board

$111K

40 hrs/wk

SUSAN METZGER

CFO

Board

$57K

40 hrs/wk

DUANE FROST

PRESIDENT

Board

$14K

5.4 hrs/wk

JOSEPH ANAYA

TRUSTEE

Board

$14K

5.9 hrs/wk

SANTOS ANAYA JR

TRUSTEE

Board

$14K

4.7 hrs/wk

LISA GARDNER

ASSISTANT SECRETARY

Board

$12K

5.6 hrs/wk

BILL KING

SECRETARY

Board

$12K

4.3 hrs/wk

JOSEPH VICENTE III

TREASURER

Board

$12K

3.2 hrs/wk

WAYNE CONNELL

VICE PRESIDENT

Board

$12K

2.6 hrs/wk

KENNETH LUJAN

TRUSTEE

Board

$12K

3.5 hrs/wk

COREY PLANT

LINE FOREMAN

Staff

$136K

40 hrs/wk

ERNESTO ACOSTA

JOURNEYMAN LINEMAN

Staff

$135K

40 hrs/wk

JEREMIAH KECK

LINE FOREMAN

Staff

$134K

40 hrs/wk

JIMMIE RAY

JOURNEYMAN LINEMAN

Staff

$121K

40 hrs/wk

JUSTIN WALDON

JOURNEYMAN LINEMAN

Staff

$116K

40 hrs/wk

Independent contractors

FULL SEND LINEWORK LLC

DISTRIBUTION LINE CONSTRUCTION

$3.3M

INTERSTATE ELECT CONTRACTORS

ELECTRICAL CONTRACTOR

$1.8M

SUBSTATION ENGINEERING

ENGINEERING SERVICES

$1.2M

FRANCISCO ACEVEDO FRANKIE'S TREE SERVIC

TREE TRIMMING

$642K

ACRS LLC

ENGINEERING SERVICES

$513K

Details

EIN850092965
Subsection12
Ruling date1952-03
Formed1945
Employees73
Volunteers0
CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo