CSCharityScored
90

Farmers Electric Cooperative Inc Of New Mexico

Other · Clovis, New Mexico

Of New Mexico, Clovis, NM 88102-0000

EIN: 850036237· Founded: Mar 1939· 87 years active· Filing Year: 2023

Annual Revenue

$42.6M

Total Expenses

$42.4M

Total Assets

$137.8M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$622K

1.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.9M

Total Payroll

$3.6M

8% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 8%
Other overhead: 1%
Program Revenue$42.1M (99%)
Total Expenses$42.4M (100%)
Payroll$3.6M (8%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$42.6M annual revenue

15%

Executive Compensation

$622K total officer comp (1.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$137.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.