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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 San Luis Valley Rural Electric Cooperative Inc.

San Luis Valley Rural Electric Cooperative Inc.

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

PO Box 3625
1245 French St
Monte Vista, Colorado 81144

San Luis Valley Rural Electric Cooperative Inc. (EIN: 84-0312795) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, San Luis Valley Rural Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 57 total employees. Among the employees shown here, the average compensation is $247,405. The highest compensated employee at San Luis Valley Rural Electric Cooperative Inc. is Eric Eriksen with fiscal year 2024 compensation of $369,413.

Revenue, expenses, and employee compensation

Revenue

$44,328,084

Expenses

$44,328,084

Employee compensation

$6,807,185
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Eric Eriksen
Chief Executive Officer
$369,413
$303,302 No related comp$66,111
Marvin Martinez
Area Serviceman
$272,424
$199,019 No related comp$73,405
Joan Waudby
Chief Financial Officer and Treasurer
$255,774
$196,556 No related comp$59,218
Stacy Valdez
Manager of Customer Service and Billing
$240,247
$174,600 No related comp$65,647
Monroe Johnson
Chief Technology Officer
$237,942
$177,982 No related comp$59,960
Rudolph Viialpando
Sericeman
$234,783
$172,027 No related comp$62,756
Michelle Trujillo
Assistant Secretary / Human Resource Manager
$231,769
$175,615 No related comp$56,154
Shawn McKibbon
Chief Operating Officer
$228,176
$172,681 No related comp$55,495
Wade Warman
Working Foreman
$227,984
$162,875 No related comp$65,109
Ryan Christensen
Working Foremen
$225,000
$169,614 No related comp$55,386
Randy Magnuson
Working Foremen
$222,960
$169,991 No related comp$52,969
Terry Daley
Engineering Manager
$222,393
$154,275 No related comp$68,118

Benchmark Employee Compensation

Non-Employee Board Members

Keenan Anderson
Board Presidentt
$28,527
$28,527 No related compNo other comp
Scott Wolf
Director
$28,227
$28,227 No related compNo other comp
Carol Lee Dugan
Director
$19,868
$19,868 No related compNo other comp
Stephen Valdez
Vice President
$12,657
$12,657 No related compNo other comp
Kim Wakasugi
Director
$11,323
$11,323 No related compNo other comp
Creede Hargraves
Director
$5,606
$5,606 No related compNo other comp
Wade Lockhart
Secretary
$3,735
$3,735 No related compNo other comp

Contractors

AgriPower Solar
Solar Contractor
$1,326,000
Asplundh Tree Expert CO
Right of Way Clearing
$534,649
Jkl Associates Inc.
Construction
$470,052
Leidos Engineering LLC
Engineering
$438,430
Hoot Communications LLC
Fiber Optic Splicing
$202,551

Mission Statement

Sales of Electric power to Members. We had 13,355 meters in place at the end of 2024.

Revisions to this organization profile

July 17, 2025:
2024 San Luis Valley Rural Electric Cooperative Inc. 990 filed
November 16, 2024:
2023 San Luis Valley Rural Electric Cooperative Inc. 990 filed
November 14, 2023:
2022 San Luis Valley Rural Electric Cooperative Inc. 990 filed

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