NonprofitsCentral Valley Electric Cooperative Inc

Central Valley Electric Cooperative Inc

ARTESIA, NM

Total revenue

$75.0M

Total expenses

$74.9M

Net assets

$125.9M

Grants received

EIN

850027414

Tax year

2024

Mission

To provide electric energy to rural areas at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$74.6M
Investment income$432K
Other revenue$36K
Total revenue$75.0M

Expenses

Grants paid$7K
Salaries & benefits$8.5M
Fundraising
Other expenses$62.3M
Total expenses$74.9M
Total assets$227.9M
Net assets$125.9M

People

14 listed

NameRoleCompensation

CHARLES PINSON JR

GENERAL MANAGER & EXECUTIVE VP

Board

$286K

41.6 hrs/wk

MICHAEL ANDERSON

MGR OF FINANCE & ADMINISTRATION

Board

$184K

40.3 hrs/wk

CHARLES WAGNER

PRESIDENT

Board

$38K

8.7 hrs/wk

RUSTY GWYNNE

TRUSTEE

Board

$33K

9.2 hrs/wk

WESLEY PILLEY

SECRETARY/TREASURER

Board

$33K

7.6 hrs/wk

MICHAEL BENNETT

VICE PRESIDENT

Board

$32K

7.7 hrs/wk

STEVE SPENCE

TRUSTEE

Board

$32K

7.1 hrs/wk

JASON CIEMPA

TRUSTEE

Board

$32K

6 hrs/wk

LARRY BENEDICT

TRUSTEE

Board

$27K

7.6 hrs/wk

PHILIP MCKEE

MGR OF OPERATIONS ENGINEERING

Staff

$165K

41.7 hrs/wk

WADE NELSON

MGR OF DISTRIBUTION ENGINE

Staff

$151K

43.7 hrs/wk

AARON HORNER

LINE SUPERINTENDENT

Staff

$144K

40.7 hrs/wk

NICHOLAS DALEY

SERVICEMAN

Staff

$130K

45.6 hrs/wk

JARAD GEORGE

SERVICEMAN

Staff

$120K

43.6 hrs/wk

Independent contractors

ARC POWER-LINE CONSTRUCTION

CONSTRUCTION CONTRACTOR

$1.5M

DEANS INC

CONSTRUCTION CONTRACTOR

$1.3M

RMA ENGINEERING LLC

ENGINEERING SURVEYS

$574K

RELIABLE POWER CONSULTANTS

ENGINEERING SURVEYS

$186K

SGS ENGINEERING LLC

ENGINEERING SURVEYS

$179K

Details

EIN850027414
Subsection12
Ruling date1953-09
Formed1937
Employees91
Volunteers0
CENTRAL VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo