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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 2023. Filed on November 16, 2024.

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 2023 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 92 total employees. Among the employees shown here, the average compensation is $255,411. The highest compensated employee at Central Valley Electric Cooperative Inc. is Charles Pinson Jr with fiscal year 2023 compensation of $470,398.

Revenue, expenses, and employee compensation

Revenue

$72,029,196

Expenses

$71,836,785

Employee compensation

$8,017,783
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Pinson Jr
General Manager and Executive Vice President
$470,398
$263,021 No related comp$207,377
Michael Anderson
MGR of Finance and Administration
$324,528
$179,806 No related comp$144,722
Aaron Horner
Line Superintendent
$233,356
$129,852 No related comp$103,504
Wade Nelson
MGR of Distribution Engineering
$221,814
$147,320 No related comp$74,494
Philip McKee
MGR of Operations Engineering
$214,680
$158,139 No related comp$56,541
Nicholas Daley
Serviceman
$162,651
$122,914 No related comp$39,737
Luke Davis
Serviceman
$160,450
$122,764 No related comp$37,686

Benchmark Employee Compensation

Non-Employee Board Members

Michael Bennett
Vice President
$33,268
$33,268 No related compNo other comp
Charles Wagner
President
$32,828
$32,828 No related compNo other comp
Rusty Gwynne
Trustee
$32,280
$32,280 No related compNo other comp
Steve Spence
Trustee
$31,142
$31,142 No related compNo other comp
Wesley Pilley
Secretary and Treasurer
$30,547
$30,547 No related compNo other comp
Jason Ciempa
Trustee
$30,118
$30,118 No related compNo other comp
Larry Benedict
Trustee
$25,876
$25,876 No related compNo other comp

Contractors

Arc Power-Line Construction
Construction Contractor
$943,139
Deans Inc.
Construction Contractor
$625,277
Rma Engineering LLC
Engineering Surveys
$181,373
Harcrow Surveying
Engineering Surveys
$112,199

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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