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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 2022. Filed on November 15, 2023.

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 2022 IRS Form 990 filing, Magic Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 308 total employees. Among the employees shown here, the average compensation is $226,223. The highest compensated employee at Magic Valley Electric Cooperative Inc. is Brian Acosta with fiscal year 2022 compensation of $465,856.

Revenue, expenses, and employee compensation

Revenue

$320,139,415

Expenses

$320,112,415

Employee compensation

$18,898,614
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian Acosta
General Manager
$465,856
$266,192 No related comp$199,664
Felipe Amaya
Technical Services Manager
$227,579
$163,212 No related comp$64,367
Abraham Quiroga
Central Division Manager
$208,474
$156,327 No related comp$52,147
Juan Sanchez
Lineman A/Operations Superintendent
$205,576
$144,586 No related comp$60,990
Dane Hocott
Services Division Manager
$182,592
$172,942 No related comp$9,650
Eleno Torres Jr
Lineman A
$182,581
$144,168 No related comp$38,413
Domitilo Cantu
Eastern Division Manager
$172,998
$138,510 No related comp$34,488
Sonia Salazar-Rangel
Services Division Manager
$164,130
$119,121 No related comp$45,009

Benchmark Employee Compensation

Non-Employee Board Members

Rolando Alaniz
Assistant Secretary and Treasurer
$36,150
$36,150 No related compNo other comp
Barbara S Miller
President
$34,000
$34,000 No related compNo other comp
Frank Ferris
Assistant Secretary and Treasurer
$30,000
$30,000 No related compNo other comp
Reynaldo Lopez
Vice President
$28,750
$28,750 No related compNo other comp
Adrienne Pena-Garza
Director
$27,550
$27,550 No related compNo other comp
Martin Garcia
President (Jan-Nov)
$27,000
$27,000 No related compNo other comp
Douglas Martin
Secretary and Treasurer
$24,500
$24,500 No related compNo other comp

Contractors

Cooperative Building Solutions
Facility Consulting and Construction Ser
$11,759,627
Volt Power
Construction Contractor
$8,768,291
Meridian Cooperative Inc.
Enterprise Software Financial
$3,500,988
Axis Power LLC
Construction
$3,441,953
ABC Professional Tree Services
Tree Trimming
$1,486,441

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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