CSCharityScored
78

New Mexico Rural Electrification Cooperative Association Inc

Other · Santa Fe, New Mexico

614 Don Gaspar Ave, Santa Fe, NM 87505-4428

EIN: 850155370· Founded: Jun 1963· 63 years active· Filing Year: 2023

Annual Revenue

$2.3M

Total Expenses

$2.3M

Total Assets

$573K

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$257K

11.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$469K

Total Payroll

$725K

31% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 31%
Other overhead: 6%
Program Revenue$2.2M (95%)
Total Expenses$2.3M (100%)
Payroll$725K (31%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$2.3M annual revenue

15%

Executive Compensation

$257K total officer comp (11.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$573K 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.