Public Charity

NEW MEXICO RURAL ELECTRIC COOPERATIVE ASSOCIATION INC

NEW MEXICO RURAL ELECTRIC COOPERATIVE ASSOCIATION INC is a Public Charity headquartered in SANTA FE, NM. Financial data from the 2024 filing: $2.9M revenue, $2.9M expenses, $704K total assets. 7 publicly reported grants to this organization, totaling roughly $100K, appear in IRS filings.

EIN: 850155370 SANTA FE, NM Latest filing: 2024
Total Revenue$2.9M
Total Expenses$2.9M
Total Assets$704K
Grant Records7
Funding Total$100K
Filing Years2019–2024

Mission

THE MISSION OF THE NEW MEXICO RURAL ELECTRIC COOPERATIVES (NMREC) IS TO ADVANCE PROTECT AND ADVOCATE MEMBER INTERESTS.

Sample Grants Received

2024
EDUCATIONAL FUND- DIRECTOR TRAINING
$14,500
2023
EDUCATIONAL FUND-DIRECTOR TRAINING
$14,500
2022
EDUCATIONAL FUND-EMPLOYEE AND DIRECTOR EDUCATION COURSES
$14,500
2021
EDUCATIONAL FUND-EMPLOYEE AND DIRECTOR EDUCATION COURSES
$23,200
2020
EDUCATIONAL FUND-EMPLOYEE AND DIRECTOR EDUCATION COURSES
$11,600

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

TRUSTEE Antonio Sanchez
TRUSTEE Bobby Ferris
CEO & GENERAL MANAGER Charise Swanson 124 - 1124
TRUSTEE Charles T Pinson Jr
VICE PRESIDENT Charles Wagner
TRUSTEE Chris Martinez

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL FUND-EMPLOYEE AND DIRECTOR EDUCATION COURSES
$49,300 3 grants
EDUCATIONAL FUND- DIRECTOR TRAINING
$14,500 1 grant
EDUCATIONAL FUND-DIRECTOR TRAINING
$14,500 1 grant
EDUCATIONAL FUND-NRECA CREDENTIALED COOP DIR & BOARD LEADERSHIP CERTIFICATE COURSES
$11,600 1 grant
EDUCATIONAL FUND-NRECA CREDENTIALED COOPERATIVE DIRECTOR COURSES
$10,400 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $2.9M $704K
2023 $2.3M $2.3M $573K
2022 $2.0M $2.2M $552K
2020 $1.9M $1.9M $659K
2019 $1.9M $1.9M $631K

Between 2019 and 2024, reported annual revenue grew from $1.9M to $2.9M (+52%), with total assets most recently reported at $704K.

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

See the full picture for NEW MEXICO RURAL ELECTRIC COOPERATIVE ASSOCIATION INC

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