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Filing year 2024

KIT CARSON ELECTRIC COOPERATIVE INC

Taos, New Mexico·EIN 85-0081882·12
Total revenue
$61.7M
Total assets
$166.3M
Total expenses
$62.5M
Reported officers
19
Mission

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2024

Base
$448k
Bonus
$500
Other
Benefits
$18k
Base
$210k
Bonus
$500
Other
Benefits
$26k
Base
$196k
Bonus
$500
Other
Benefits
$18k
Assistant Manager
highest compensated employee
$200k
$213k
Base
$160k
Bonus
$500
Other
Benefits
$18k
Lead Lineman
highest compensated employee
$179k
$191k
Base
$144k
Bonus
$500
Other
Benefits
$26k
Internet Manager
highest compensated employee
$169k
$179k
Base
$131k
Bonus
Other
Benefits
$26k
Lead Lineman
highest compensated employee
$156k
$167k
Base
$120k
Bonus
$500
Other
Benefits
$26k
Lead Lineman
highest compensated employee
$144k
$153k
$29k
$31k
Trustee
board member
$27k
$28k
Trustee
board member
$25k
$27k
Trustee
board member
$23k
$24k
Trustee
board member
$23k
$24k
Treasurer
officer (unspecified)
$21k
$22k
Secretary
officer (unspecified)
$20k
$21k
Trustee
board member
$18k
$19k
Trustee
board member
$13k
$14k
Trustee
board member
$12k
$13k

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.

Plus 1 unpaid individual.

Up 13%
from 2023

From $449k in 2023 to $506k in 2024.

$449k
2023
$506k
2024
In today's dollarsEst.
Up 10% in real terms$492k to $539k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KIT CARSON ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$59.3M
$59.1M
2023
$61.7M
$62.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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