Northern Rio Arriba Electric Cooperative Inc

Organization Overview

Northern Rio Arriba Electric Cooperative Inc is located in Chama, NM. The organization was established in 1958. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Northern Rio Arriba Electric Cooperative Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Rio Arriba Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Northern Rio Arriba Electric Cooperative Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE, QUALITY, AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 3,172 ACTIVE SERVICES AT YEAR END WERE PROVIDEDELECTRICITY IN A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Anthony J Mercure
Executive Vice President & Ge
$94,239
Marla C Ulibarri
Controller
$66,115
Tomas Rivas
Vice-President
$7,275
Leroy Martinez
Treasurer
$4,950
Steve Rendon
President
$4,800
Debbie F Manzanares
Trustee
$4,750

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$4,894,810
Investment income $4,448
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $53,101
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,952,359

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northern Rio Arriba Electric Cooperative Inc has recieved totaling $73,472.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$73,472
View Grant Recipient Profile

Create an account to unlock the data you need.

or