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Filing year 2024

SIERRA ELECTRIC COOPERATIVE INC

Elephant Butte, New Mexico·EIN 85-0093694·501(c)(12)
Total revenue
$12.3M
Total assets
$28.9M
Total expenses
$12.3M
Reported officers
15
Mission

SIERRA ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING HIGH QUALITY, RELIABLE ELECTRIC SERVICE AND RELATED PRODUCTS TO OUR MEMBERS AT COMPETITIVE PRICES. OUR MEMBERS DESERVE AND SHALL RECEIVE QUALITY SERVICE UNPARALLELED IN OUR INDUSTRY. WE ARE COMMITTED TO MAINTAINING AN ENVIRONMENT WHERE THE BOARD OF TRUSTEES AND EMPLOYEES CAN PERFORM AT THEIR MAXIMUM POTENTIAL TO BENEFIT OUR COMMUNITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Assistant General Manager
General Manager
Median to 75th percentile
$198k
$210k
Base
$166k
Bonus
$10k
Other
$3k
Benefits
$3k
Manager of Finance & Admin
Finance Manager
75th to 90th percentile
$161k
$172k
Base
$112k
Bonus
$6k
Other
$1k
Benefits
$29k
Line Superintendent
Highest Compensated Employee
25th percentile to median
$158k
$169k
Base
$112k
Bonus
$6k
Other
$759
Benefits
$29k
Line Foreman
Highest Compensated Employee
25th percentile to median
$140k
$149k
Evp/general Manager (oct-dec)
Officer (Unspecified)
$53k
$56k
Vice President
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$10k
Treasurer
Officer (Unspecified)
$10k
$10k
President
Below 10th percentile
$9k
$10k
Secretary
Officer (Unspecified)
$9k
$10k
Trustee
Board Member
25th percentile to median
$9k
$10k
Trustee
Board Member
25th percentile to median
$9k
$10k
Trustee
Board Member
25th percentile to median
$8k
$9k
Treasurer (jan-march)
Officer (Unspecified)
$7k
$7k
Trustee (april-dec)
Board Member
25th percentile to median
$6k
$7k

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 24%
from 2023

From $259k in 2023 to $198k in 2024.

$259k
2023
$198k
2024
In today's dollarsEst.
Down 26% in real terms$284k to $210k

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.

Pay for the position

General Manager pay fell 24% from 2023 to 2024, while revenue rose 10%.

$259k in 2023 to $198k in 2024.
  • Finance Manager pay fell 34% from 2023 to 2024.
  • Highest Compensated Employee pay fell 34% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

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

RevenueExpenses
$11.2M
$11.2M
2023
$12.3M
$12.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SIERRA ELECTRIC COOPERATIVE INC

What does the General Manager of SIERRA ELECTRIC COOPERATIVE INC earn?

In 2024, the General Manager of SIERRA ELECTRIC COOPERATIVE INC received $197,530 in total compensation. This pay is above the median (the midpoint) for General Manager roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at SIERRA ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at SIERRA ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.

What are SIERRA ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, SIERRA ELECTRIC COOPERATIVE INC reported $12.3M in total revenue and $12.3M in total expenses on its IRS Form 990.

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