Public Charity

SPRINGER ELECTRIC COOPERATIVE INC

SPRINGER ELECTRIC COOPERATIVE INC is a Public Charity headquartered in SPRINGER, NM. Financial data from the 2025 filing: $21.3M revenue, $21.3M expenses, $57.5M total assets.

EIN: 850083345 SPRINGER, NM Public Utilities NTEE: W80 Latest filing: 2025
Total Revenue$21.3M
Total Expenses$21.3M
Total Assets$57.5M
Grant Records0
Filing Years2021–2025

Mission

Sale and distribution of electric energy at the lowest possible price and in the most reliable manner

Where $100 goes at Springer Electric Cooperative Inc

How Springer Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Total members as of 12 31 2025
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director - Secretary Treasurer Alfonso Maestas
Office Manager Christy Romero
Director Cody Hazen
Safety Coordinator GIS David Balizan
CEO David Spradlin
Director Don Schutz

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $21.3M $21.3M $57.5M
2024 $20.3M $20.3M $53.6M
2023 $20.4M $20.4M $46.8M
2022 $19.8M $19.8M $43.0M
2021 $21.3M $21.3M $41.8M

Between 2021 and 2025, reported annual revenue held roughly steady at around $21.3M, with total assets most recently reported at $57.5M.

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

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