Public Charity

SOCORRO ELECTRIC COOPERATIVE INC

SOCORRO ELECTRIC COOPERATIVE INC is a Public Charity headquartered in SOCORRO, NM. Financial data from the 2024 filing: $27.3M revenue, $27.2M expenses, $100.3M total assets. 1 publicly reported grants to this organization, totaling roughly $61K, appear in IRS filings.

EIN: 850084968 SOCORRO, NM Latest filing: 2024
Total Revenue$27.3M
Total Expenses$27.2M
Total Assets$100.3M
Grant Records1
Funding Total$61K
Filing Years2020–2024

Mission

IT SHALL BE THE AIM OF THE SOCORRO ELECTRIC COOPERATIVE, INC. TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Officers & Directors

TRUSTEE (JULY-DEC) David Lyn Wade
SAFETY COOR./LINE SUPER. David Montoya
TRUSTEE (JAN-JUNE) David Wade
INTERIM CEO/GM Donna Wilkins
SECRETARY/TREASURER Eileen Latasa
JOURNEYMAN FOREMAN Ernest Torres

Officer compensation and complete director data available with membership.

Top Grant Purposes

INTEGRITY FUND-TERRITORY THREAT
$60,723 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $27.3M $27.2M $100.3M
2023 $25.7M $25.6M $82.7M
2022 $24.8M $24.8M $82.0M
2021 $25.1M $25.1M $80.6M
2020 $25.5M $25.4M $80.3M

Between 2020 and 2024, reported annual revenue grew from $25.5M to $27.3M (+7%), with total assets most recently reported at $100.3M.

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

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