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

Education
$66,932 5 grants
Fundraising & Sponsorship
$62,160 9 grants
Youth Development
$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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