NonprofitsSouthwestern Electric Cooperative Inc

Southwestern Electric Cooperative Inc

CLAYTON, NM

Total revenue

$26.7M

Total expenses

$26.7M

Net assets

$32.2M

Grants received

EIN

850092760

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$26.4M
Investment income$186K
Other revenue$101K
Total revenue$26.7M

Expenses

Grants paid
Salaries & benefits$325K
Fundraising
Other expenses$24.6M
Total expenses$26.7M
Total assets$57.7M
Net assets$32.2M

People

8 listed

NameRoleCompensation

Travis Sullivan

General Manager

Board

$192K

50 hrs/wk

Joe Reeser

Director

Board

$12K

2 hrs/wk

Joel Gilbert

Director

Board

$4K

2 hrs/wk

Ron Green

Director

Board

$4K

2 hrs/wk

Chad Deason

Director

Board

$3K

2 hrs/wk

Roy Perschbacher

Director

Board

$3K

2 hrs/wk

Mikael Nixon

Director

Board

$2K

2 hrs/wk

Jack Chetfield

Director

Board

$2K

2 hrs/wk

Details

EIN850092760
Subsection12
Ruling date1962-12
Formed1947
Employees24
SOUTHWESTERN ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo