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Filing year 2024

San Miguel Power Association Inc

Nucla, Colorado·EIN 84-0312816·12
Total revenue
$35M
Total assets
$104.5M
Total expenses
$35M
Reported officers
15
Mission

It is the Mission of the San Miguel Power Association to provide our members with safe, reliable, cost-effective, and environmentally responsible electrical service, while demonstrating both cooperative responsibility and support for the communities we serve

Executive compensation

Form 990 · Schedule J · 15 reported individuals · Filing year 2024

Base salaryExecutive compensation
Manager
highest compensated employee
$225k
$239k
Manager
highest compensated employee
$211k
$225k
Line Worker
highest compensated employee
$180k
$192k
$19k
$20k
Vice President
vice president
$16k
$17k
Director
board member
$16k
$17k
Secretarytreasurer
officer (unspecified)
$16k
$17k
Director
board member
$16k
$17k
Director
board member
$13k
$13k
Director
board member
$12k
$12k
Director
officer (unspecified)
$7k
$8k
Director
board member
$5k
$5k

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.

Down 1%
from 2023

From $461k in 2023 to $456k in 2024.

$461k
2023
$456k
2024
In today's dollarsEst.
Down 4% in real terms$505k to $485k

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

San Miguel Power Association Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$33.2M
$33.1M
2023
$35M
$35M
2024
Total revenue and total expenses from IRS Form 990 filings.
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