Public Charity

CONCHO VALLEY ELECTRIC COOPERATIVE INC

CONCHO VALLEY ELECTRIC COOPERATIVE INC is a nonprofit organization categorized as Public Charity based in SAN ANGELO, TX. Its most recent IRS filing (2024) reports revenue of $51.6M, expenses of $51.6M, total assets of $162.2M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $150K.

EIN: 750204684 SAN ANGELO, TX Latest filing: 2024
Total Revenue$51.6M
Total Expenses$51.6M
Total Assets$162.2M
Grant Records1
Funding Total$150K
Filing Years2019–2024

Mission

CONCHO VALLEY ELECTRIC COOPERATIVE, INC. DEDICATES ITSELF TO THE IMPROVEMENT OF ITS MEMBERS' LIFESTYLE AND THE ECONOMIC ENVRIONMENT OF ITS SERVICE AREA. THE COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE ELECTRIC SERVICE AT THE LOWEST PRACTICAL COST AND TO MEETING THE CHANGING NEEDS OF ITS MEMBERSHIP WITH A WELL-TRAINED, QUALITY WORKFORCE AND WITH THE USE OF SOUND BUSINESS PRACTICES.

Officers & Directors

LINE SUPERINTENDENT Buster Matheny
DIRECTOR Daryl Schniers
DIRECTOR David Kempen
DIR OF FINANCE & OFFICE SERVICES David Watson
ENGINEERING SYSTEMS ADMINISTRATOR Douglas Clark
DIR OF ENGINEERING & OPERATIONS Dustin Brown

Officer compensation and complete director data available with membership.

Top Grant Purposes

INTEGRITY FUND-THREATENS EXISTENCE UNDER THE COOPERATIVE BUSINESS MODEL
$150,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $51.6M $51.6M $162.2M
2023 $51.0M $51.0M $163.2M
2022 $52.8M $52.8M $144.4M
2020 $43.5M $43.5M $116.7M
2019 $41.4M $41.4M $107.9M

Between 2019 and 2024, reported annual revenue grew from $41.4M to $51.6M (+25%), with total assets most recently reported at $162.2M.

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

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