89
Springer Electric Cooperative Inc
Public Benefit · Springer, New Mexico
Po Box 698, Springer, NM 87747-0698
EIN: 850083345· Founded: Aug 2001· 25 years active· Filing Year: 2023
Annual Revenue
$20.4M
Total Expenses
$20.4M
Total Assets
$46.8M
Program Spending
98%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$562K
2.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.0M
Total Payroll
$1.6M
8% of total expenses
Where the Money Goes
98%
Programs: 98%
Payroll: 8%
Other overhead: 2%
Program Revenue$19.9M (98%)
Total Expenses$20.4M (100%)
Payroll$1.6M (8%)
Overhead (non-program)2%
Trust Score Breakdown
Program Spending Ratio
98% of expenses go to programs
Revenue & Stability
$20.4M annual revenue
Executive Compensation
$562K total officer comp (2.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$46.8M in assets
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Compare these organizations →Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.