NonprofitsKit Carson Electric Cooperative Inc

Kit Carson Electric Cooperative Inc

TAOS, NM

Total revenue

$61.7M

Total expenses

$62.5M

Net assets

$54.5M

Grants received

EIN

850081882

Tax year

2024

Mission

To provide quality and reliable electric service to members of the cooperative.

Programs

1 program

Providing internet services to our members - 14,348 active services at year end were provided internet service on a cooperative basis through the allocation of patronage capital.

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue$59.5M
Investment income$76K
Other revenue$328K
Total revenue$61.7M

Expenses

Grants paid
Salaries & benefits$8.6M
Fundraising
Other expenses$47.0M
Total expenses$62.5M
Total assets$166.3M
Net assets$54.5M

People

19 listed

NameRoleCompensation

LUIS A REYES JR

CEO

Board

$448K

66 hrs/wk

JOHN SHAFTO

CFO

Board

$197K

47 hrs/wk

ROBERT ORTEGA SR

PRESIDENT

Board

$29K

7 hrs/wk

ARTHUR RODARTE

TRUSTEE

Board

$27K

3 hrs/wk

DAVID TORRES

TRUSTEE

Board

$25K

3 hrs/wk

RUSS A COYLE

TRUSTEE

Board

$23K

3 hrs/wk

LUISA VALERIO MYLET

TRUSTEE

Board

$23K

3 hrs/wk

BRUCE JASSMAN

TREASURER

Board

$21K

7 hrs/wk

MANUEL MEDINA

SECRETARY

Board

$20K

5 hrs/wk

BERNIE TORRES

TRUSTEE

Board

$18K

3 hrs/wk

SYLVIA VIGIL

TRUSTEE

Board

$13K

3 hrs/wk

MARTIN DIMAS

TRUSTEE

Board

$12K

3 hrs/wk

CHRISTOBAL DURAN

VICE PRESIDENT

Board

7 hrs/wk

RICHARD MARTINEZ

COO

Staff

$210K

57 hrs/wk

CARMELLA SUAZO

ASSISTANT MANAGER

Staff

$160K

48 hrs/wk

AUSTIN MARTINEZ

LEAD LINEMAN

Staff

$145K

49 hrs/wk

JOSE LOVATO

INTERNET MANAGER

Staff

$131K

50 hrs/wk

CARLOS RIVERA

LEAD LINEMAN

Staff

$126K

47 hrs/wk

MATTHEW SUAZO

LEAD LINEMAN

Staff

$120K

47 hrs/wk

Independent contractors

TRIPLE R EXCAVATION

FIBER LABOR

$1.2M

T & D SERVICES

ENGINEERING

$946K

J & D ELECTRICAL CONTRACTORS

FIBER LABOR

$584K

CROSSROAD CONNECTIONS

FIBER LABOR

$398K

THE SPYGLASS GROUP LLC

CONSULTING

$307K

Details

EIN850081882
Subsection12
Ruling date1946-04
Formed1944
Employees114
Volunteers0
KIT CARSON ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo