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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Central New Mexico Electric Cooperative Inc.

Central New Mexico Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 18, 2025.

PO Box 157
Mountainair, New Mexico 87036

Central New Mexico Electric Cooperative Inc. (EIN: 85-0092965) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central New Mexico Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 73 total employees. Among the employees shown here, the average compensation is $157,926. The highest compensated employee at Central New Mexico Electric Cooperative Inc. is Alena Brandenberger with fiscal year 2024 compensation of $246,126.

Revenue, expenses, and employee compensation

Revenue

$43,176,696

Expenses

$43,343,860

Employee compensation

$5,547,152
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alena Brandenberger
Chief Executive Officer
$246,126
$169,920 No related comp$76,206
Jeremiah Keck
Line Foreman
$181,019
$134,184 No related comp$46,835
Jimmie Ray
Journeyman Lineman
$161,365
$120,657 No related comp$40,708
Ernesto Acosta
Journeyman Lineman
$160,500
$135,368 No related comp$25,132
Corey Plant
Line Foreman
$152,097
$136,194 No related comp$15,903
Justin Waldon
Journeyman Lineman
$148,066
$115,787 No related comp$32,279
Alexandra Sandoval
CFO (Jan-Oct)
$132,075
$110,579 No related comp$21,496
Susan Metzger
Chief Financial Officer
$82,160
$56,975 No related comp$25,185

Benchmark Employee Compensation

Non-Employee Board Members

Duane Frost
President
$14,122
$14,122 No related compNo other comp
Joseph Anaya
Trustee
$13,773
$13,773 No related compNo other comp
Santos Anaya Jr
Trustee
$13,526
$13,526 No related compNo other comp
Lisa Gardner
Assistant Secretary
$12,271
$12,271 No related compNo other comp
Bill King
Secretary
$12,173
$12,173 No related compNo other comp
Joseph Vicente III
Treasurer
$12,030
$12,030 No related compNo other comp
Wayne Connell
Vice President
$11,938
$11,938 No related compNo other comp
Kenneth Lujan
Trustee
$11,622
$11,622 No related compNo other comp

Contractors

Full Send Linework LLC
Distribution Line Construction
$3,294,893
Interstate Elect Contractors
Electrical Contractor
$1,753,442
Substation Engineering
Engineering
$1,161,299
Francisco Acevedo Frankie's Tree Servic
Tree Trimming
$642,046
Acrs LLC
Engineering
$512,852

Mission Statement

CENTRAL NEW MEXICO ELECTRIC IS A NOT FOR PROFIT, MEMBER OWNED UTILITY, DELIVERING SAFE AND RELIABLE ENERGY TO THE COMMUNITIES WE SERVE. THROUGH THE SEVEN COOPERATIVE PRINCIPLES, WE PROVIDE HIGH QUALITY SERVICES TO OUR MEMBERS THROUGH EDUCATION AND COMMUNITY INVOLVEMENT.

Revisions to this organization profile

November 18, 2025:
2024 Central New Mexico Electric Cooperative Inc. 990 filed
November 16, 2024:
2023 Central New Mexico Electric Cooperative Inc. 990 filed
November 7, 2023:
2022 Central New Mexico Electric Cooperative Inc. 990 filed

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