Public Charity

MAGIC VALLEY ELECTRIC COOPERATIVE INC

MAGIC VALLEY ELECTRIC COOPERATIVE INC is a private foundation categorized as Public Charity based in MERCEDES, TX. Its most recent IRS filing (2024) reports revenue of $310.9M, expenses of $310.7M, total assets of $685.9M. Imperigo tracks 15 reported grants from this foundation totaling approximately $141K.

EIN: 740758801 MERCEDES, TX Latest filing: 2024
Total Revenue$310.9M
Total Expenses$310.7M
Total Assets$685.9M
Grants Given15
Grant Total$141K
Filing Years2019–2024

Mission

TO ENHANCE PEOPLE'S LIVES BY SAFELY PROVIDING THE MOST RELIABLE AND AFFORDABLE ELECTRIC SERVICE BY KEEPING OUR MEMBERS' BEST INTEREST IN MIND.

Officers & Directors

CENTRAL OPERATIONS OFFICER Abraham Quiroga
DIRECTOR Adrienne Pena-Garza
PRESIDENT Barbara S Miller
GENERAL MANAGER Brian Acosta
DIRECTOR David Morales
TECHNICAL SERVICES OFFICER Domitilo Cantu

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSIST FUNDING OF PLAYGROUND SET FOR PARK WITHIN SCHOOL DISTRICT
$32,932 1 grant
2024 SPONSORSHIP
$27,100 4 grants
2022 SPONSORSHIP
$13,060 2 grants
2023 SPONSORSHIP
$13,000 2 grants
2020 YOUTH TOUR
$12,200 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $310.9M $310.7M $685.9M
2023 $311.4M $311.2M $636.9M
2022 $320.1M $320.1M $584.8M
2020 $240.9M $240.7M $521.0M
2019 $237.9M $238.0M $492.2M

Between 2019 and 2024, reported annual revenue grew from $237.9M to $310.9M (+31%), with total assets most recently reported at $685.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

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