Logo

Employer Identification Number 85-0084968

SOCORRO ELECTRIC COOPERATIVE INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SOCORRO ELECTRIC COOPERATIVE INC
Employer identification number (EIN):85-0084968
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
Number of Employees45
Number of Volunteers0
Year Formed1945

Organization Governance

Legal DomicileNM
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 24,480,288
Program Service Revenue from current yearUSD $ 25,412,429
Investment Income from prior yearUSD $ 236,619
Investment Income from current yearUSD $ 210,929
Other Revenue from prior yearUSD $ 127,854
Other Revenue from current yearUSD $ 60,958
Gross receipts from all sourcesUSD $ 25,684,316
Net assets / fund balances at end of fiscal yearUSD $ 33,157,753
Net assets / fund balances at beginning of fiscal yearUSD $ 33,032,749
Total liabilities at end of fiscal yearUSD $ 49,521,616
Total liabilities at beginning of fiscal yearUSD $ 48,973,053
Total assets at end of fiscal yearUSD $ 82,679,369
Total assets at beginning of fiscal yearUSD $ 82,005,802
Revenues less expenses for current yearUSD $ 66,633
Revenues less expenses for previous yearUSD $ 19,387
Total expenses for current yearUSD $ 25,617,683
Total expenses for previous yearUSD $ 24,825,374
Other expenses in current yearUSD $ 22,036,559
Other expenses in previous yearUSD $ 20,575,833
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,667,057
Employee salary and benefits paid in previous yearUSD $ 2,944,839
Benefits paid to or for members in current yearUSD $ 913,567
Benefits paid to or for members in previous yearUSD $ 1,304,332
Grants and similar amounts paid in current yearUSD $ 500
Grants and similar amounts paid in previous yearUSD $ 370
Total revenue in current fiscal yearUSD $ 25,684,316
Total revenue in previous fiscal yearUSD $ 24,844,761
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 60,958
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 24,596,443
Program Service Revenue from current yearUSD $ 24,480,288
Investment Income from prior yearUSD $ 48,392
Investment Income from current yearUSD $ 236,619
Other Revenue from prior yearUSD $ 434,513
Other Revenue from current yearUSD $ 127,854
Gross receipts from all sourcesUSD $ 24,844,761
Net assets / fund balances at end of fiscal yearUSD $ 33,032,749
Net assets / fund balances at beginning of fiscal yearUSD $ 32,359,183
Total liabilities at end of fiscal yearUSD $ 48,973,053
Total liabilities at beginning of fiscal yearUSD $ 48,284,654
Total assets at end of fiscal yearUSD $ 82,005,802
Total assets at beginning of fiscal yearUSD $ 80,643,837
Revenues less expenses for current yearUSD $ 19,387
Revenues less expenses for previous yearUSD $ -32,605
Total expenses for current yearUSD $ 24,825,374
Total expenses for previous yearUSD $ 25,111,953
Other expenses in current yearUSD $ 20,575,833
Other expenses in previous yearUSD $ 20,607,665
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,944,839
Employee salary and benefits paid in previous yearUSD $ 2,998,874
Benefits paid to or for members in current yearUSD $ 1,304,332
Benefits paid to or for members in previous yearUSD $ 1,504,883
Grants and similar amounts paid in current yearUSD $ 370
Grants and similar amounts paid in previous yearUSD $ 531
Total revenue in current fiscal yearUSD $ 24,844,761
Total revenue in previous fiscal yearUSD $ 25,079,348
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 127,854
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,235,235
Program Service Revenue from current yearUSD $ 24,596,443
Investment Income from prior yearUSD $ 136,294
Investment Income from current yearUSD $ 48,392
Other Revenue from prior yearUSD $ 100,902
Other Revenue from current yearUSD $ 434,513
Gross receipts from all sourcesUSD $ 25,081,106
Net assets / fund balances at end of fiscal yearUSD $ 32,359,183
Net assets / fund balances at beginning of fiscal yearUSD $ 31,280,028
Total liabilities at end of fiscal yearUSD $ 48,284,654
Total liabilities at beginning of fiscal yearUSD $ 49,044,783
Total assets at end of fiscal yearUSD $ 80,643,837
Total assets at beginning of fiscal yearUSD $ 80,324,811
Revenues less expenses for current yearUSD $ -32,605
Revenues less expenses for previous yearUSD $ 70,989
Total expenses for current yearUSD $ 25,111,953
Total expenses for previous yearUSD $ 25,401,442
Other expenses in current yearUSD $ 20,607,665
Other expenses in previous yearUSD $ 21,159,130
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,998,874
Employee salary and benefits paid in previous yearUSD $ 2,977,060
Benefits paid to or for members in current yearUSD $ 1,504,883
Benefits paid to or for members in previous yearUSD $ 1,265,252
Grants and similar amounts paid in current yearUSD $ 531
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,079,348
Total revenue in previous fiscal yearUSD $ 25,472,431
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 434,513
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,862,239
Program Service Revenue from current yearUSD $ 25,235,235
Investment Income from prior yearUSD $ 688,193
Investment Income from current yearUSD $ 136,294
Other Revenue from prior yearUSD $ 61,041
Other Revenue from current yearUSD $ 100,902
Gross receipts from all sourcesUSD $ 25,472,431
Net assets / fund balances at end of fiscal yearUSD $ 31,280,028
Net assets / fund balances at beginning of fiscal yearUSD $ 30,271,072
Total liabilities at end of fiscal yearUSD $ 49,044,783
Total liabilities at beginning of fiscal yearUSD $ 43,618,816
Total assets at end of fiscal yearUSD $ 80,324,811
Total assets at beginning of fiscal yearUSD $ 73,889,888
Revenues less expenses for current yearUSD $ 70,989
Revenues less expenses for previous yearUSD $ -42,608
Total expenses for current yearUSD $ 25,401,442
Total expenses for previous yearUSD $ 26,654,081
Other expenses in current yearUSD $ 21,159,130
Other expenses in previous yearUSD $ 22,216,147
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,977,060
Employee salary and benefits paid in previous yearUSD $ 2,880,375
Benefits paid to or for members in current yearUSD $ 1,265,252
Benefits paid to or for members in previous yearUSD $ 1,556,974
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 585
Total revenue in current fiscal yearUSD $ 25,472,431
Total revenue in previous fiscal yearUSD $ 26,611,473
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 100,902
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,944,359
Program Service Revenue from current yearUSD $ 25,862,239
Investment Income from prior yearUSD $ 750,839
Investment Income from current yearUSD $ 688,193
Other Revenue from prior yearUSD $ 65,515
Other Revenue from current yearUSD $ 61,041
Gross receipts from all sourcesUSD $ 26,611,473
Net assets / fund balances at end of fiscal yearUSD $ 30,271,072
Net assets / fund balances at beginning of fiscal yearUSD $ 28,779,457
Total liabilities at end of fiscal yearUSD $ 43,618,816
Total liabilities at beginning of fiscal yearUSD $ 45,993,233
Total assets at end of fiscal yearUSD $ 73,889,888
Total assets at beginning of fiscal yearUSD $ 74,772,690
Revenues less expenses for current yearUSD $ -42,608
Revenues less expenses for previous yearUSD $ -15,448
Total expenses for current yearUSD $ 26,654,081
Total expenses for previous yearUSD $ 26,776,161
Other expenses in current yearUSD $ 22,216,147
Other expenses in previous yearUSD $ 22,004,000
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,880,375
Employee salary and benefits paid in previous yearUSD $ 2,938,115
Benefits paid to or for members in current yearUSD $ 1,556,974
Benefits paid to or for members in previous yearUSD $ 1,834,046
Grants and similar amounts paid in current yearUSD $ 585
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,611,473
Total revenue in previous fiscal yearUSD $ 26,760,713
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 61,041
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,654,281
Program Service Revenue from current yearUSD $ 25,944,359
Investment Income from prior yearUSD $ 684,627
Investment Income from current yearUSD $ 750,839
Other Revenue from prior yearUSD $ 52,783
Other Revenue from current yearUSD $ 65,515
Gross receipts from all sourcesUSD $ 26,760,713
Net assets / fund balances at end of fiscal yearUSD $ 28,779,457
Net assets / fund balances at beginning of fiscal yearUSD $ 27,329,362
Total liabilities at end of fiscal yearUSD $ 45,993,233
Total liabilities at beginning of fiscal yearUSD $ 45,547,983
Total assets at end of fiscal yearUSD $ 74,772,690
Total assets at beginning of fiscal yearUSD $ 72,877,345
Revenues less expenses for current yearUSD $ -15,448
Revenues less expenses for previous yearUSD $ 40,575
Total expenses for current yearUSD $ 26,776,161
Total expenses for previous yearUSD $ 26,351,116
Other expenses in current yearUSD $ 22,004,000
Other expenses in previous yearUSD $ 21,596,097
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,938,115
Employee salary and benefits paid in previous yearUSD $ 2,865,400
Benefits paid to or for members in current yearUSD $ 1,834,046
Benefits paid to or for members in previous yearUSD $ 1,889,619
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,760,713
Total revenue in previous fiscal yearUSD $ 26,391,691
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 65,515
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,019,028
Program Service Revenue from current yearUSD $ 25,654,281
Investment Income from prior yearUSD $ 579,377
Investment Income from current yearUSD $ 684,627
Other Revenue from prior yearUSD $ 34,965
Other Revenue from current yearUSD $ 52,783
Gross receipts from all sourcesUSD $ 26,395,839
Net assets / fund balances at end of fiscal yearUSD $ 27,329,362
Net assets / fund balances at beginning of fiscal yearUSD $ 25,770,514
Total liabilities at end of fiscal yearUSD $ 45,547,983
Total liabilities at beginning of fiscal yearUSD $ 47,653,080
Total assets at end of fiscal yearUSD $ 72,877,345
Total assets at beginning of fiscal yearUSD $ 73,423,594
Revenues less expenses for current yearUSD $ 40,575
Revenues less expenses for previous yearUSD $ -69,930
Total expenses for current yearUSD $ 26,351,116
Total expenses for previous yearUSD $ 25,703,300
Other expenses in current yearUSD $ 21,596,097
Other expenses in previous yearUSD $ 21,828,669
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,865,400
Employee salary and benefits paid in previous yearUSD $ 2,718,024
Benefits paid to or for members in current yearUSD $ 1,889,619
Benefits paid to or for members in previous yearUSD $ 1,156,607
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,391,691
Total revenue in previous fiscal yearUSD $ 25,633,370
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 52,783
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,138,585
Program Service Revenue from current yearUSD $ 25,019,028
Investment Income from prior yearUSD $ 419,660
Investment Income from current yearUSD $ 579,377
Other Revenue from prior yearUSD $ 48,220
Other Revenue from current yearUSD $ 34,965
Gross receipts from all sourcesUSD $ 25,633,370
Net assets / fund balances at end of fiscal yearUSD $ 25,770,514
Net assets / fund balances at beginning of fiscal yearUSD $ 25,771,210
Total liabilities at end of fiscal yearUSD $ 47,653,080
Total liabilities at beginning of fiscal yearUSD $ 47,497,286
Total assets at end of fiscal yearUSD $ 73,423,594
Total assets at beginning of fiscal yearUSD $ 73,268,496
Revenues less expenses for current yearUSD $ -69,930
Revenues less expenses for previous yearUSD $ 103,846
Total expenses for current yearUSD $ 25,703,300
Total expenses for previous yearUSD $ 25,502,619
Other expenses in current yearUSD $ 21,828,669
Other expenses in previous yearUSD $ 21,041,817
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,718,024
Employee salary and benefits paid in previous yearUSD $ 2,643,209
Benefits paid to or for members in current yearUSD $ 1,156,607
Benefits paid to or for members in previous yearUSD $ 1,817,593
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,633,370
Total revenue in previous fiscal yearUSD $ 25,606,465
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 34,965
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 24,688,208
Program Service Revenue from current yearUSD $ 25,138,585
Investment Income from prior yearUSD $ 399,483
Investment Income from current yearUSD $ 419,660
Other Revenue from prior yearUSD $ 48,100
Other Revenue from current yearUSD $ 48,220
Gross receipts from all sourcesUSD $ 25,606,465
Net assets / fund balances at end of fiscal yearUSD $ 25,771,210
Net assets / fund balances at beginning of fiscal yearUSD $ 22,926,893
Total liabilities at end of fiscal yearUSD $ 47,497,286
Total liabilities at beginning of fiscal yearUSD $ 47,649,836
Total assets at end of fiscal yearUSD $ 73,268,496
Total assets at beginning of fiscal yearUSD $ 70,576,729
Revenues less expenses for current yearUSD $ 103,846
Revenues less expenses for previous yearUSD $ 407,293
Total expenses for current yearUSD $ 25,502,619
Total expenses for previous yearUSD $ 24,728,498
Other expenses in current yearUSD $ 21,041,817
Other expenses in previous yearUSD $ 20,661,245
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,643,209
Employee salary and benefits paid in previous yearUSD $ 2,361,302
Benefits paid to or for members in current yearUSD $ 1,817,593
Benefits paid to or for members in previous yearUSD $ 1,705,951
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,606,465
Total revenue in previous fiscal yearUSD $ 25,135,791
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 48,220

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 850084968

USA Mailing Address
PO BOX H
SOCORRO
NM
87801
Date first seen: 2008-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup