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Filing year 2023

SOCORRO ELECTRIC COOPERATIVE INC

Socorro, New Mexico·EIN 85-0084968·12
Total revenue
$25.7M
Total assets
$82.7M
Total expenses
$25.6M
Reported officers
17
Mission

IT SHALL BE THE AIM OF THE SOCORRO ELECTRIC COOPERATIVE, INC. TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Ceo/general Manager
officer (unspecified)
$275k
$301k
Lead Line Foreman
highest compensated employee
$187k
$204k
Safety Coor./line Super.
highest compensated employee
$169k
$185k
Line Foreman
highest compensated employee
$157k
$172k
Line Foreman
highest compensated employee
$143k
$157k
Line Foreman
highest compensated employee
$141k
$154k
$10k
$11k
Secretary/treasurer (april-nov)
officer (unspecified)
$6k
$6k
Vice President
vice president
$5k
$6k
Trustee
board member
$4k
$5k
Secretary/treasurer (jan-july)
officer (unspecified)
$3k
$4k
Trustee (april-dec)
board member
$3k
$3k
President (jan-april)
$2k
$2k
Secretary/treasurer (aug-dec)
officer (unspecified)
$2k
$2k
Vice President (jan-april)
vice president
$1k
$1k
Trustee
board member
$1k
$1k

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.

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