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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 Valley Electric Cooperative Inc.

Central Valley Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

PO Box 230
Artesia, New Mexico 88211

Central Valley Electric Cooperative Inc. (EIN: 85-0027414) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 91 total employees. Among the employees shown here, the average compensation is $269,064. The highest compensated employee at Central Valley Electric Cooperative Inc. is Charles Pinson Jr with fiscal year 2024 compensation of $515,162.

Revenue, expenses, and employee compensation

Revenue

$75,043,858

Expenses

$74,907,128

Employee compensation

$8,476,157
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Pinson Jr
General Manager and Executive Vice President
$515,162
$286,160 No related comp$229,002
Michael Anderson
MGR of Finance and Administration
$344,087
$184,174 No related comp$159,913
Aaron Horner
Line Superintendent
$239,189
$144,414 No related comp$94,775
Wade Nelson
MGR of Distribution Engine
$231,246
$151,382 No related comp$79,864
Philip McKee
MGR of Operations Engineering
$221,343
$164,527 No related comp$56,816
Nicholas Daley
Serviceman
$170,339
$129,526 No related comp$40,813
Jarad George
Serviceman
$162,085
$120,157 No related comp$41,928

Benchmark Employee Compensation

Non-Employee Board Members

Charles Wagner
President
$37,743
$37,743 No related compNo other comp
Rusty Gwynne
Trustee
$33,372
$33,372 No related compNo other comp
Wesley Pilley
Secretary and Treasurer
$32,803
$32,803 No related compNo other comp
Michael Bennett
Vice President
$32,368
$32,368 No related compNo other comp
Steve Spence
Trustee
$32,262
$32,262 No related compNo other comp
Jason Ciempa
Trustee
$31,839
$31,839 No related compNo other comp
Larry Benedict
Trustee
$26,595
$26,595 No related compNo other comp

Contractors

Arc Power-Line Construction
Construction Contractor
$1,476,742
Deans Inc.
Construction Contractor
$1,280,786
Rma Engineering LLC
Engineering Surveys
$574,219
Reliable Power Consultants
Engineering Surveys
$185,705
Sgs Engineering
Engineering Surveys
$179,178

Mission Statement

CENTRAL VALLEY ELECTRIC IS A MEMBER-FOCUSED ELECTRIC COOPERATIVE DEDICATED TO PERSONALIZED QUALITY SERVICE FOR ITS MEMBERS AND THE ECONOMIC VITALITY OF OUR COMMUNITY.

Revisions to this organization profile

November 13, 2025:
2024 Central Valley Electric Cooperative Inc. 990 filed
November 16, 2024:
2023 Central Valley Electric Cooperative Inc. 990 filed
November 13, 2023:
2022 Central Valley Electric Cooperative Inc. 990 filed

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