Overview
What is Jemez Mountains Electric Cooperative Inc?
Jemez Mountains Electric Cooperative Inc is a New Mexico-based cooperative with a vision to be the leading electric provider in the state. They serve approximately 31,000 active members with a workforce of 137 employees. Their mission is to deliver reliable and affordable power to communities through cooperative means, enhancing the quality of life in their service areas. The cooperative allocates patronage capital for the sale of electric energy and had 31,658 active services at the end of the year.
Official website here: www.jemezcoop.org
Is Jemez Mountains Electric Cooperative Inc legitimate?
Jemez Mountains Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jemez Mountains 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: $468,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,867,428
For more financial information, click here
Official website here: www.jemezcoop.org
What is the mission statement of Jemez Mountains Electric Cooperative Inc?
Jemez Mountains Electric Cooperative Inc strives to deliver reliable and affordable electricity to its service areas on a cooperative basis. The cooperative's ultimate goal is to be the best electric cooperative in New Mexico, setting high standards in price, customer service, and power reliability. Through this commitment, Jemez Mountains Electric Cooperative enhances the quality of life for the communities it serves. The cooperative operates on a cooperative business model, selling electric energy to its members and distributing patronage capital. At the end of the year, there were 31,658 active services under the cooperative's care.
Official website here: www.jemezcoop.org
Who is the CEO of Jemez Mountains Electric Cooperative Inc?
Michael Hastings is the President of Jemez Mountains Electric Cooperative Inc. The CEO's salary of Jemez Mountains Electric Cooperative Inc is $176,111 and their total compensation is $194,084.
Official website here: www.jemezcoop.org
What is the revenue of Jemez Mountains Electric Cooperative Inc?
Jemez Mountains Electric Cooperative Inc's revenue in 2022 was $50,528,193.
Official website here: www.jemezcoop.org
Who are the executives of Jemez Mountains Electric Cooperative Inc and what are their salaries?
The average compensation at Jemez Mountains Electric Cooperative Inc during 2022 was $53,550. There are 137 employees at Jemez Mountains Electric Cooperative Inc.
Here are 18 key members and their salaries (Jemez Mountains Electric Cooperative Inc's CEO's salary is $176,111 and their total compensation is $194,084):
- Michael Hastings (General Manager/Ceo)
- Dennis G Astley (Assistant General Manager)
- Tony Lucero (Line Superintendent)
- Randy Vigil (Line Superintendent)
- Carlos Salazer (Working Foreman)
- Juan Duran (Working Foreman)
- Jonathan Romero (Journeyman Lineman)
- Manuel Bustos (Vice President) [Trustee/Director]
- Dennis Trujillo (President) [Trustee/Director]
- John Ramon Vigil (Secretary) [Trustee/Director]
- Marcelina Martinez (Trustee)
- Dolores Mccoy (Treasurer) [Trustee/Director]
- Lucas Cordova Jr (Trustee)
- Elias Coriz (Trustee)
- Stanley Crawford (Asst. Secretary/Treasurer) [Trustee/Director]
- Bruce Duran (Trustee)
- Dennis Gallegos (Trustee)
- Marissa Maestas-Muller (Trustee)
Official website here: www.jemezcoop.org
Where can I find the form 990 for Jemez Mountains Electric Cooperative Inc?
The Jemez Mountains Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.jemezcoop.org
Learn more at the official website: www.jemezcoop.org
Mission Statement of Jemez Mountains Electric Cooperative Inc
Jemez Mountains Electric Cooperative Inc, a leading electric cooperative in New Mexico, is committed to providing reliable and affordable power to its communities on a cooperative basis. The cooperative's mission goes beyond just selling electric energy; it aspires to be the best electric cooperative in the state, setting high standards in price, customer service, and reliability. The cooperative's vision enhances the quality of life for the communities it serves by ensuring a consistent power supply, enabling residents to carry out their daily activities with ease.
Jemez Mountains Electric Cooperative Inc operates on a cooperative basis, meaning that the sale of electric energy is allocated back to its members through the patronage capital program. With over 31,000 active services at the end of the year, the cooperative has a significant presence and impact in its service areas. The cooperative's dedication to its customers is reflected in its commitment to offering affordable prices, responsive customer service, and a reliable power supply. By doing so, Jemez Mountains Electric Cooperative Inc not only meets the basic energy needs of its members but also contributes to the overall well-being and prosperity of the communities it serves.
Impact
This information is meant to be a general summary of Jemez Mountains 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
Jemez Mountains Electric Cooperative Inc's impact lies in providing reliable and affordable power to its service areas on a cooperative basis. Through the sale of electric energy to its members, totaling 31,658 active services at year end, the cooperative plays a vital role in ensuring access to essential electricity services in Espanola, New Mexico. By prioritizing customer service, affordability, and reliability, Jemez Mountains Electric Cooperative enhances the quality of life for the communities it serves.
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.
SALES OF ELECTRICITY
Revenue
$49,486,403
SERVICE FEES
Revenue
$322,595
PATRONAGE DIVIDENDS
Revenue
$289,379
WHEELING
Revenue
$161,615
Organization Details
Founding Year
1943
Phone
(505) 753-2105
Principal Officer
Michael Hastings
Main Address
PO BOX 128, ESPANOLA, NM, 87532
Website
www.jemezcoop.org
NTEE Category
Code: W80 - Public benefit
If you are a representative of Jemez Mountains Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.