CENTRAL NEW MEXICO ELECTRIC IS A NOT FOR PROFIT, MEMBER OWNED UTILITY, DELIVERING SAFE AND RELIABLE ENERGY TO THE COMMUNITIES WE SERVE. THROUGH THE SEVEN COOPERATIVE PRINCIPLES, WE PROVIDE HIGH QUALITY SERVICES TO OUR MEMBERS THROUGH EDUCATION AND COMMUNITY INVOLVEMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $154k
- Bonus
- $10k
- Other
- $6k
- Benefits
- $29k
- Base
- $134k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $121k
- Bonus
- —
- Other
- —
- Benefits
- $26k
- Base
- $135k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $154k | $10k | $6k | $29k | $246k $262k |
Line Foreman Highest Compensated Employee Median to 75th percentile | $134k | — | — | $27k | $181k $193k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | $121k | — | — | $26k | $161k $172k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | $135k | — | — | $11k | $161k $171k |
Line Foreman Highest Compensated Employee 25th percentile to median | $136k | — | — | $10k | $152k $162k |
Journeyman Lineman Highest Compensated Employee 25th percentile to median | — | — | — | — | $148k $158k |
CFO (jan-oct) Median to 75th percentile | — | — | — | — | $132k $141k |
CFO 25th percentile to median | — | — | — | — | $82k $87k |
President Below 10th percentile | — | — | — | — | $14k $15k |
Trustee Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Trustee Board Member 25th percentile to median | — | — | — | — | $14k $14k |
Assistant Secretary Board Secretary Median to 75th percentile | — | — | — | — | $12k $13k |
Secretary Officer (Unspecified) | — | — | — | — | $12k $13k |
Treasurer Officer (Unspecified) | — | — | — | — | $12k $13k |
Vice President 25th percentile to median | — | — | — | — | $12k $13k |
Trustee Board Member 25th percentile to median | — | — | — | — | $12k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 23%
from 2023
From $201k in 2023 to $246k in 2024.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 23% from 2023 to 2024, while revenue rose 8%.
- Highest Compensated Employee pay rose 12% from 2023 to 2024.
- Chief Financial Officer pay rose 12% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.
Common questions about CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC
What does the Chief Executive Officer of CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC earn?
In 2024, the Chief Executive Officer of CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC received $246,126 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.
What are CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2024, CENTRAL NEW MEXICO ELECTRIC COOPERATIVE INC reported $43.2M in total revenue and $43.3M in total expenses on its IRS Form 990.
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