NonprofitsOtero County Electric Cooperative Inc

Otero County Electric Cooperative Inc

CLOUDCROFT, NM

Total revenue

$37.5M

Total expenses

$37.6M

Net assets

$43.0M

Grants received

EIN

850058679

Tax year

2024

Mission

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

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$36.9M
Investment income$333K
Other revenue$322K
Total revenue$37.5M

Expenses

Grants paid$21K
Salaries & benefits$4.8M
Fundraising
Other expenses$28.9M
Total expenses$37.6M
Total assets$131.8M
Net assets$43.0M

People

18 listed

NameRoleCompensation

MARIO ROMERO

GENERAL MANAGER/CEO

Board

$257K

45 hrs/wk

JULIA WALKER-GRINDER

CFO

Board

$164K

46 hrs/wk

DENNY BURNETT

VICE PRESIDENT

Board

$31K

4.2 hrs/wk

CHERI HASS

TRUSTEE

Board

$26K

4 hrs/wk

PRESTON STONE

TRUSTEE

Board

$21K

9 hrs/wk

TIMOTHY ALAN RABON

TRUSTEE

Board

$20K

12 hrs/wk

SCOTT SHAFER

TREASURER

Board

$19K

3.6 hrs/wk

CHARLES MULCOCK

PRESIDENT

Board

$19K

3.8 hrs/wk

MARTHA MILLS

SECRETARY

Board

$18K

2.5 hrs/wk

WILLIAM BIRD

TRUSTEE

Board

$17K

3.5 hrs/wk

DAVID POWERS

TRUSTEE

Board

$7K

2.8 hrs/wk

KENNETH BLAZER

TRUSTEE

Board

$1K

4 hrs/wk

DELBERT LUCERO

ENGINEERING/OPERATIONS MANAGER

Staff

$146K

40 hrs/wk

DAMON MAREZ

FORMER IT MANAGER

Staff

$140K

0

SABEN LESSENTINE

AREA SUPERVISOR

Staff

$135K

40 hrs/wk

MARK MARTIN

AREA SUPERVISOR

Staff

$134K

40 hrs/wk

LANCE WRIGHT

STAKING SUPERVISOR

Staff

$132K

40 hrs/wk

MATTHEW CHAVEZ

CREW CHIEF

Staff

$126K

40 hrs/wk

Independent contractors

K&S ELECTRIC CO INC

CONSTRUCTION SERVICES

$1.3M

SOLAR ELECTRIC CO INC

CONSTRUCTION SERVICES

$1.1M

ROGERS TREE SERVICE

POWER LINE CLEARING

$909K

ARC POWER LINE CONSTRUCTION LLC

CONSTRUCTION SERVICES

$711K

OSMOSE UTILITIES SERVICES INC

INFASTRUCTURE SAFETY

$620K

Details

EIN850058679
Subsection12
Ruling date1943-02
Formed1943
Employees78
Volunteers0
OTERO COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo