Overview
What is Sierra Electric Cooperative Inc?
Sierra Electric Cooperative Inc, located in Elephant Butte, New Mexico, operates as a nonprofit organization, dedicated to providing electric power to rural areas at cost on a cooperative basis. With approximately 4,600 active services at their year-end, their mission is to deliver high-quality, reliable electric service and related products to their members at competitive prices. The cooperative values its members, ensuring they receive unparalleled service within the industry. To achieve this, they employ a team of 18 individuals, working diligently to maintain an environment that encourages the board of trustees and employees to perform at their maximum potential, ultimately benefiting their community.
Official website here: www.sierraelectric.org
Is Sierra Electric Cooperative Inc legitimate?
Sierra Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sierra 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $241,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $709,325
For more financial information, click here
Official website here: www.sierraelectric.org
What is the mission statement of Sierra Electric Cooperative Inc?
Sierra Electric Cooperative Inc's mission is centered around providing affordable electric power to rural areas on a cooperative basis. The cooperative is dedicated to delivering high-quality, reliable electric service and related products to its members at competitive prices. The organization is committed to fostering an environment that allows its board of trustees and employees to perform at their best, ultimately benefiting the community. Sierra Electric Cooperative Inc strives to provide service that surpasses industry standards, ensuring its members receive unparalleled quality.
Official website here: www.sierraelectric.org
Who is the CEO of Sierra Electric Cooperative Inc?
Denise Barrera is the Treasurer of Sierra Electric Cooperative Inc.
Official website here: www.sierraelectric.org
What is the revenue of Sierra Electric Cooperative Inc?
Sierra Electric Cooperative Inc's revenue in 2022 was $10,580,863.
Official website here: www.sierraelectric.org
Who are the executives of Sierra Electric Cooperative Inc and what are their salaries?
The average compensation at Sierra Electric Cooperative Inc during 2022 was $52,810. There are 18 employees at Sierra Electric Cooperative Inc.
Here are 12 key members and their salaries:
- Compensation: $10,990
- Related: $0
- Other: $0
- Compensation: $3,178
- Related: $0
- Other: $0
- Compensation: $9,197
- Related: $0
- Other: $0
- Compensation: $8,730
- Related: $0
- Other: $0
- Compensation: $8,233
- Related: $0
- Other: $0
- Compensation: $4,525
- Related: $0
- Other: $0
- Compensation: $10,510
- Related: $0
- Other: $0
- Compensation: $9,330
- Related: $0
- Other: $0
- Compensation: $10,005
- Related: $0
- Other: $0
- Compensation: $6,320
- Related: $0
- Other: $0
- Compensation: $135,405
- Related: $0
- Other: $24,826
- Compensation: $106,391
- Related: $0
- Other: $40,100
Official website here: www.sierraelectric.org
Where can I find the form 990 for Sierra Electric Cooperative Inc?
Sierra Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sierraelectric.org
Learn more at the official website: www.sierraelectric.org
Mission Statement of Sierra Electric Cooperative Inc
Sierra Electric Cooperative Inc is committed to providing high-quality, reliable electric service and related products to its members at competitive prices. The cooperative aims to create an environment where its board of trustees and employees can perform at their maximum potential, benefiting the community. Sierra Electric Cooperative Inc is dedicated to delivering service unparalleled in the industry to its members, ensuring they receive the quality they deserve.
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Impact
October, 2024
Sierra Electric Cooperative Inc plays a vital role in providing electric power to rural areas, focusing on affordability and reliability. By operating on a cooperative basis, the organization prioritizes the needs of its members, ensuring that electric services are delivered at cost. With approximately 4,600 active services, Sierra Electric Cooperative is committed to fostering community development through access to high-quality electric services.
The cooperative's mission emphasizes the importance of competitive pricing and unparalleled service quality for its members. This dedication not only enhances the daily lives of residents in Elephant Butte and surrounding areas but also supports local businesses, contributes to economic growth, and promotes a sustainable living environment. Furthermore, the cooperative enhances community engagement by allowing members to share in the allocation of patronage capital, which strengthens the connection between the cooperative and its members. Overall, Sierra Electric Cooperative Inc represents a crucial resource for empowering rural communities through reliable energy solutions.
This information is meant to be a general summary of Sierra Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $81,771
- Program Service Revenue: $10,466,304
- Gross Receipts: $10,580,863
Assets and Liabilities:
- Total Assets: $27,932,125
- Total Liabilities: $16,131,454
- Net Assets: $11,800,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$10,358,950
PATRONAGE DIVIDENDS
Revenue
$94,176
SERVICE FEES
Revenue
$13,178
Organization Details
Founding Year
1952
Phone
(575) 744-5231Principal Officer
Denise Barrera
Main Address
PO BOX 290, ELEPHANT BUTTE, NM, 87935
Website
www.sierraelectric.orgNTEE Category
Code: W50 - Public benefit
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