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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 Otero County Electric Cooperative Inc.

Otero County Electric Cooperative Inc.

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

404 Burro Ave
Cloudcroft, New Mexico 88317

Otero County Electric Cooperative Inc. (EIN: 85-0058679) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Otero County Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 78 total employees. Among the employees shown here, the average compensation is $194,958. The highest compensated employee at Otero County Electric Cooperative Inc. is Mario Romero with fiscal year 2024 compensation of $341,666.

Revenue, expenses, and employee compensation

Revenue

$37,526,425

Expenses

$37,579,993

Employee compensation

$4,843,319
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mario Romero
Chief Executive Officer and General Manager
$341,666
$257,387 No related comp$84,279
Saben Lessentine
AREA Supervisor
$202,802
$135,312 No related comp$67,490
Delbert Lucero
Engineering/Operations Manager
$191,300
$146,078 No related comp$45,222
Julia Walker-Grinder
Chief Financial Officer
$190,985
$163,699 No related comp$27,286
Lance Wright
Staking Supervisor
$171,700
$131,864 No related comp$39,836
Mark Martin
AREA Supervisor
$169,534
$133,776 No related comp$35,758
Matthew Chavez
Crew Chief
$151,275
$125,945 No related comp$25,330
Damon Marez
Former IT Manager
$140,400
$140,400 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Denny Burnett
Vice President
$30,674
$30,674 No related compNo other comp
Cheri Hass
Trustee
$26,319
$26,319 No related compNo other comp
Preston Stone
Trustee
$20,541
$20,541 No related compNo other comp
Timothy Alan Rabon
Trustee
$20,117
$20,117 No related compNo other comp
Scott Shafer
Treasurer
$19,351
$19,351 No related compNo other comp
Charles Mulcock
President
$19,183
$19,183 No related compNo other comp
Martha Mills
Secretary
$17,523
$17,523 No related compNo other comp
William Bird
Trustee
$17,187
$17,187 No related compNo other comp
David Powers
Trustee
$6,795
$6,795 No related compNo other comp
Kenneth Blazer
Trustee
$1,382
$1,382 No related compNo other comp

Contractors

K&S Electric CO Inc.
Construction
$1,262,046
Solar Electric CO Inc.
Construction
$1,066,811
Rogers Tree Service
Power Line Clearing
$908,715
Arc Power Line Construction LLC
Construction
$711,116
Osmose Utilities Services Inc.
Infastructure Safety
$620,340

Mission Statement

PROVIDING MEMBERS WITH THE LOWEST COST, HIGHEST QUALITY, AND MOST RELIABLE ELECTRIC POWER, CONSISTENT WITH SOUND AND COST-EFFECTIVE BUSINESS PRACTICES, AND COLLABORATE WITH MEMBERS TO PROVIDE RESOURCES AND SERVICES THAT MAY BE BENEFICIAL TO OUR MEMBERS AND CITIZENS OF THE COMMUNITIES WE SERVE.

Revisions to this organization profile

November 13, 2025:
2024 Otero County Electric Cooperative Inc. 990 filed
November 14, 2024:
2023 Otero County Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Otero County Electric Cooperative Inc. 990 filed

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