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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 2020. Filed on November 10, 2021.

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 2020 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 68 total employees. Among the employees shown here, the average compensation is $137,892. The highest compensated employee at Central New Mexico Electric Cooperative Inc. is Matthew Collins with fiscal year 2020 compensation of $211,130.

Revenue, expenses, and employee compensation

Revenue

$36,998,583

Expenses

$36,944,292

Employee compensation

$5,010,180
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Collins
CEO (Jan-July)
$211,130
$177,330 No related comp$33,800
Craig Sizemore
Line Foreman
$155,862
$106,021 No related comp$49,841
Alena Brandenberger
Chief Financial Officer
$155,781
$102,835 No related comp$52,946
Jeremiah Keck
Line Foreman
$148,210
$112,875 No related comp$35,335
Patrick Sanchez
Journeyman Lineman
$146,181
$107,890 No related comp$38,291
Freddie Martin
Journeyman Lineman
$134,719
$105,950 No related comp$28,769
William Null
Line Foreman
$124,735
$109,106 No related comp$15,629
Terry Buttram
Interim CEO (Sept-Dec)
$26,514
$26,404 No related comp$110

Benchmark Employee Compensation

Non-Employee Board Members

Santos Tapia
Trustee
$12,384
$12,384 No related compNo other comp
Duane Frost
President
$12,276
$12,276 No related compNo other comp
Joseph Vicente
Treasurer
$12,123
$12,123 No related compNo other comp
Mike Valdez
Trustee
$11,676
$11,676 No related compNo other comp
Phillip Wallin
Assistant Secretary
$11,676
$11,676 No related compNo other comp
Lisa Gardner
Trustee
$11,421
$11,421 No related compNo other comp
Wayne Connell
Vice President
$11,391
$11,391 No related compNo other comp
Bill King
Secretary
$11,291
$11,291 No related compNo other comp

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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