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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 Magic Valley Electric Cooperative Inc.

Magic Valley Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 267
Mercedes, Texas 78570

Magic Valley Electric Cooperative Inc. (EIN: 74-0758801) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Magic Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 316 total employees. Among the employees shown here, the average compensation is $235,264. The highest compensated employee at Magic Valley Electric Cooperative Inc. is Brian Acosta with fiscal year 2024 compensation of $452,592.

Revenue, expenses, and employee compensation

Revenue

$310,898,025

Expenses

$310,709,025

Employee compensation

$21,684,855
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian Acosta
General Manager
$452,592
$298,272 No related comp$154,320
Rolando Ramon
Western Operations Officer
$211,911
$149,337 No related comp$62,574
Abraham Quiroga
Central Operations Officer
$210,658
$174,370 No related comp$36,288
Domitilo Cantu
Technical Services Officer
$199,459
$168,606 No related comp$30,853
Sonia Salazar-Rangel
Financial Services Officer
$195,510
$157,062 No related comp$38,448
Eleno Torres Jr
Lineman A
$194,284
$166,833 No related comp$27,451
Horacio Pequeno
Eastern Operations Officer
$182,432
$151,302 No related comp$31,130

Benchmark Employee Compensation

Non-Employee Board Members

David Morales
Director
$42,500
$42,500 No related compNo other comp
Barbara S Miller
President
$37,000
$37,000 No related compNo other comp
Adrienne Pena-Garza
Director
$33,250
$33,250 No related compNo other comp
Rolando Alaniz
Vice President
$32,000
$32,000 No related compNo other comp
Frank Ferris
Assistant Secretary and Treasurer
$27,000
$27,000 No related compNo other comp
Douglas Martin
Secretary and Treasurer
$26,250
$26,250 No related compNo other comp
Joshua Klostermann
Director
$24,000
$24,000 No related compNo other comp

Contractors

Axis Power LLC
Construction
$9,987,003
Meridian Cooperative Inc.
Enterprise Software Financial
$3,515,009
ABC Professional Tree Services Inc
Tree Trimming
$1,767,116
Tadco Roofing
Roof Renovation
$1,175,160
Araiza General Construction
Building Renovation
$488,222

Mission Statement

TO ENHANCE PEOPLE'S LIVES BY SAFELY PROVIDING THE MOST RELIABLE AND AFFORDABLE ELECTRIC SERVICE BY KEEPING OUR MEMBERS' BEST INTEREST IN MIND.

Revisions to this organization profile

November 17, 2025:
2024 Magic Valley Electric Cooperative Inc. 990 filed
November 13, 2024:
2023 Magic Valley Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Magic Valley Electric Cooperative Inc. 990 filed

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