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 · Part VII & Schedule J · 17 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $201k
- Bonus
- $8k
- Other
- —
- Benefits
- $31k
- Base
- $135k
- Bonus
- $828
- Other
- —
- Benefits
- $31k
- Base
- $115k
- Bonus
- $828
- Other
- $3k
- Benefits
- $22k
- Base
- $115k
- Bonus
- $828
- Other
- —
- Benefits
- $22k
- Base
- $104k
- Bonus
- $828
- Other
- —
- Benefits
- $20k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/general Manager Officer (Unspecified) | $201k | $8k | — | $31k | $275k $301k |
Lead Line Foreman Highest Compensated Employee Median to 75th percentile | $135k | $828 | — | $31k | $187k $204k |
Safety Coor./line Super. Highest Compensated Employee Median to 75th percentile | $115k | $828 | $3k | $22k | $169k $185k |
CFO Median to 75th percentile | $115k | $828 | — | $22k | $169k $185k |
Line Foreman Highest Compensated Employee 25th percentile to median | $104k | $828 | — | $20k | $157k $172k |
Line Foreman Highest Compensated Employee 25th percentile to median | — | — | — | — | $143k $157k |
Line Foreman Highest Compensated Employee 25th percentile to median | — | — | — | — | $141k $154k |
President Below 10th percentile | — | — | — | — | $10k $11k |
Secretary/treasurer (april-nov) Officer (Unspecified) | — | — | — | — | $6k $6k |
Vice President 10th to 25th percentile | — | — | — | — | $5k $6k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $4k $5k |
Secretary/treasurer (jan-july) Officer (Unspecified) | — | — | — | — | $3k $4k |
Trustee (april-dec) Board Member 10th to 25th percentile | — | — | — | — | $3k $3k |
President (jan-april) Below 10th percentile | — | — | — | — | $2k $2k |
Secretary/treasurer (aug-dec) Officer (Unspecified) | — | — | — | — | $2k $2k |
Vice President (jan-april) Vice President Below 10th percentile | — | — | — | — | $1k $1k |
Trustee Board Member Below 10th percentile | — | — | — | — | $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.
Common questions about SOCORRO ELECTRIC COOPERATIVE INC
What does the Highest Compensated Employee of SOCORRO ELECTRIC COOPERATIVE INC earn?
In 2023, the Highest Compensated Employee of SOCORRO ELECTRIC COOPERATIVE INC received $186,637 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at SOCORRO ELECTRIC COOPERATIVE INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at SOCORRO ELECTRIC COOPERATIVE INC falls between the median and the 75th percentile.
What are SOCORRO ELECTRIC COOPERATIVE INC's revenue and expenses?
In 2023, SOCORRO ELECTRIC COOPERATIVE INC reported $25.7M in total revenue and $25.6M in total expenses on its IRS Form 990.
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