New Mexico · Nonprofit
SOCORRO ELECTRIC COOPERATIVE INC
SOCORRO ELECTRIC COOPERATIVE INC (New Mexico) receives grants from 1 organization whose IRS filings report $60,723 to it, the largest being NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION ($60,723). 0 of them have funded it in more than one year.
- Revenue FY2024
- $27M
- Funders on record
- 1
- Grants received
- $61k
- Net assets
- $34M
What Socorro Electric Cooperative Inc does
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.
As stated on its FY2024 Form 990.
Program
Providing electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 13,185 active services at year end.
The program described on its FY2024 Form 990.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $83M to $100M (+21%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of SOCORRO ELECTRIC COOPERATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
SOCORRO ELECTRIC COOPERATIVE INC draws 100% of its grant income from funders outside New Mexico, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding SOCORRO ELECTRIC COOPERATIVE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $290k on record.
- Department of the Interior$290k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SOCORRO ELECTRIC COOPERATIVE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 1 related entity
- Socorro Electric Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for SOCORRO ELECTRIC COOPERATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOCORRO ELECTRIC COOPERATIVE INC?
- SOCORRO ELECTRIC COOPERATIVE INC (New Mexico) receives grants from 1 organization whose IRS filings report $60,723 to it, the largest being NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION ($60,723). 0 of them have funded it in more than one year.
- How many funders does SOCORRO ELECTRIC COOPERATIVE INC have?
- IRS filings report 1 organization giving $60,723 in grants to SOCORRO ELECTRIC COOPERATIVE INC.
- Who is the largest funder of SOCORRO ELECTRIC COOPERATIVE INC?
- NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION is the largest funder on record, with $60,723 in grants. The full list of funders is on this page.
- How can an organization like SOCORRO ELECTRIC COOPERATIVE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing