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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 2018. Filed on August 22, 2019.

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 2018 IRS Form 990 filing, Central New Mexico Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 5 out of 73 total employees. Among the employees shown here, the average compensation is $158,866. The highest compensated employee at Central New Mexico Electric Cooperative Inc. is Matthew Collins with fiscal year 2018 compensation of $193,422.

Revenue, expenses, and employee compensation

Revenue

$36,722,814

Expenses

$36,648,313

Employee compensation

$4,988,746
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Collins
Chief Executive Officer
$193,422
$136,261 No related comp$57,161
Travis Burns
Line Foreman
$159,560
$113,487 No related comp$46,073
Alena Brandenberger
Chief Financial Officer
$148,408
$97,306 No related comp$51,102
Craig Sizemore
Line Foreman
$148,082
$103,109 No related comp$44,973
Danny Smythe
Line Foreman
$144,856
$102,511 No related comp$42,345

Benchmark Employee Compensation

Non-Employee Board Members

Duane Frost
President
$13,799
$13,799 No related compNo other comp
Joseph Vicente
Treasurer
$13,299
$13,299 No related compNo other comp
Phillip Wallin
Assistant Secretary
$12,799
$12,799 No related compNo other comp
Mike Valdez
Trustee
$12,599
$12,599 No related compNo other comp
Bill King
Secretary
$12,593
$12,593 No related compNo other comp
Wayne Connell
Vice President
$12,296
$12,296 No related compNo other comp
Jerry Britton
Trustee
$12,293
$12,293 No related compNo other comp
Lisa Gardner
Trustee
$8,820
$8,820 No related compNo other comp
Kenneth Shaw
Trustee (Jan-Apr)
$4,668
$4,668 No related compNo other comp

Contractors

Rodey Dickason Sloan Akin & Robb PA
Legal
$129,250

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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