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Socorro Electric Cooperative INC

501(c)Fed auditsIRS 990
Other · SOCORRO, NM · EIN 85-0084968

About

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.

Donations are NOT tax-deductible
Category
Other
Employees
46
Volunteers
0

Financial Snapshot

FY ending 2023-12-31
Revenue
$25.7M
Expenses
$25.6M
Assets
$82.7M
Liabilities
$49.5M

Financial history

$26.8M$13.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $25.7M · Peak FY2018: $26.8M · Avg: $26.0M
SOCORRO ELECTRIC COOPERATIVE INC
Your actions

Address

PO BOX H
Socorro, NM, 87801-027

Governance

Voting board members6
Independent members6
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeNo
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.