About
To enhance people's lives by safely providing the most reliable and affordable electric service by keeping our members' BEST interest in mind.
Donations are NOT tax-deductible
Financial Snapshot
FY ending 2024-12-31Financial history
161718192021222324
RevenueExpenses
Latest FY2024: $310.9M · Peak FY2022: $320.1M · Avg: $257.2M
MAGIC VALLEY ELECTRIC COOPERATIVE INC
Address
PO BOX 267
Mercedes, TX, 78570-026
Governance
Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.