Overview
What is Kit Carson Electric Cooperative Inc?
Kit Carson Electric Cooperative Inc, based in Taos, New Mexico, is a nonprofit organization dedicated to delivering quality and reliable electric service to its cooperative members. With 30,284 active services at the year end, they allocate patronage capital to provide electricity cooperatively. Their mission is focused on ensuring a consistent power supply to their members. The cooperative, with a workforce of 132 employees, strives for excellence in providing essential energy services.
Official website here: www.kitcarson.com
Is Kit Carson Electric Cooperative Inc legitimate?
Kit Carson Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kit Carson Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $925,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,163,667
For more financial information, click here
What is the mission statement of Kit Carson Electric Cooperative Inc?
Kit Carson Electric Cooperative Inc is dedicated to delivering quality and dependable electric service to its cooperative members. They allocate patronage capital to provide electricity on a cooperative basis, serving a total of 30,284 active services at the end of the year. The cooperative is committed to maintaining a reliable electric supply for its community.
Official website here: www.kitcarson.com
Who is the CEO of Kit Carson Electric Cooperative Inc?
Luis A Reyes Jr is the Ceo of Kit Carson Electric Cooperative Inc. The CEO's salary of Kit Carson Electric Cooperative Inc is $314,940 and their total compensation is $366,652.
Official website here: www.kitcarson.com
What is the revenue of Kit Carson Electric Cooperative Inc?
Kit Carson Electric Cooperative Inc's revenue in 2022 was $57,387,729.
Official website here: www.kitcarson.com
Who are the executives of Kit Carson Electric Cooperative Inc and what are their salaries?
The average compensation at Kit Carson Electric Cooperative Inc during 2022 was $46,130. There are 132 employees at Kit Carson Electric Cooperative Inc.
Here are 21 key members and their salaries (Kit Carson Electric Cooperative Inc's CEO's salary is $314,940 and their total compensation is $366,652):
- Luis A Reyes Jr (Ceo)
- Richard Martinez (Coo)
- John Shafto (Cfo)
- Carmella Suazo (Assistant Manager)
- Matthew Suazo (Lineman)
- Fidel Lopez (Lineman)
- Carlos Rivera (Lineman)
- Justin Varela (Lineman)
- Bobby Ortega (President) [Trustee/Director]
- David Torres (Trustee)
- Arthur Rodarte (Trustee)
- Russ A Coyle (Trustee)
- Bruce Jassman (Treasurer) [Trustee/Director]
- Manuel Medina (Secretary) [Trustee/Director]
- Luisa Valerio Mylet (Trustee)
- Sylvia Vigil (Trustee (Beg June))
- Michael H Romero (Trustee (Until June))
- Martin Dimas (Trustee (Beg June))
- Bernie Torres (Trustee)
- Robert Bresnahan (Trustee (Until June))
- Christobal Duran (Vice President) [Trustee/Director]
Official website here: www.kitcarson.com
Where can I find the form 990 for Kit Carson Electric Cooperative Inc?
The Kit Carson Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.kitcarson.com
Learn more at the official website: www.kitcarson.com
Mission Statement of Kit Carson Electric Cooperative Inc
Kit Carson Electric Cooperative Inc, a dedicated organization, is committed to delivering top-notch and dependable electric services to its cooperative members. With a mission rooted in quality and reliability, the cooperative strives to ensure that every household and business under its wing receives electricity in a cooperative manner.
The cooperative's efforts culminated in 30,284 active services at year end, where electricity was distributed cooperatively among its members through the allocation of patronage capital. This collaborative approach not only ensures the provision of essential energy but also underscores the cooperative's commitment to its members and their needs.
Kit Carson Electric Cooperative Inc's unwavering mission to provide quality and reliable electric service is the backbone of its operations. The cooperative's focus on this essential goal allows it to prioritize the needs of its members and invest in the necessary infrastructure and resources to maintain a stable and efficient power grid. By prioritizing the needs of its members, Kit Carson Electric Cooperative Inc continues to make a positive impact on the lives of those it serves.
Impact
This information is meant to be a general summary of Kit Carson Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Kit Carson Electric Cooperative Inc's impact lies in its provision of quality and reliable electric service to its members. By ensuring that 30,284 active services receive electricity on a cooperative basis through the allocation of patronage capital, the cooperative is instrumental in meeting the energy needs of its community in Taos, NM. This sustained commitment to delivering essential services contributes to the overall well-being and functionality of the region, highlighting Kit Carson Electric Cooperative Inc's significant public benefit.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$45,226,758
TELECOM AND INTERNET REVENUE
Revenue
$9,861,055
CAPITAL CREDITS
Revenue
$390,087
OTHER OPERATING REVENUE
Revenue
$261,920
Organization Details
Founding Year
1944
Phone
(575) 758-2258
Principal Officer
Luis A Reyes Jr
Main Address
PO BOX 578, TAOS, NM, 87571
Website
www.kitcarson.com
NTEE Category
Code: W80 - Public benefit
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