Central New Mexico Electric Education
Central New Mexico Electric Education is a private foundation, based in MORIARTY, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $674K in total assets. In 2024, it awarded 27 grants totaling $87K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$674K
+1.6% YoY
Annual Giving
$87K
+40.7% YoY
Grant Count
27
-40.0% YoY
Avg Grant Size
$3K
+134.4% YoY
Under IRS private-foundation payout rules, Central New Mexico Electric Education reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Central New Mexico Electric Education
Based on IRS filings
Central New Mexico Electric Education is a private foundation, based in MORIARTY, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $674K in total assets. In 2024, it awarded 27 grants totaling $87K. Net investment income was $26K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $673,756 | $663,224 | $638,217 |
| Revenue | $138,645 | $125,015 | $289,643 |
| Expenses | $128,113 | $100,008 | $80,742 |
| Qualifying Distributions | $118,987 | $92,100 | $72,713 |
| Net Investment Income | $26,335 | $13,223 | $7,563 |
| Distributable Amount | $35,037 | $29,680 | $28,669 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jake Lamb ($10,000), Karleigh Erramouspe ($10,000), Dezlyn Carreon ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADYLAY BUSTIOLLOS WILLARD, NM | SCHOLARSHIP | $1,000 |
| ANEESA CHAVEZ MORIARTY, NM | SCHOLARSHIP | $2,500 |
| ASHLEY LUNA ALBUQUERQUE, NM | SCHOLARSHIP | $2,500 |
| CALVIN AUTREY WILLARD, NM | SCHOLARSHIP | $2,500 |
| CAYTLYN ROSS MOUNTAINAIR, NM | SCHOLARSHIP | $2,500 |
| CHRISTOPHER MONK MOUNTAINAIR, NM | SCHOLARSHIP | $2,500 |
| DEZLYN CARREON ESTANCIA, NM | SCHOLARSHIP | $5,000 |
| DUSTIN PARSONS EDGEWOOD, NM | SCHOLARSHIP | $2,500 |
| HANNAH DAVIS STANLEY, NM | SCHOLARSHIP | $2,500 |
| JAKE LAMB ENCINO, NM | SCHOLARSHIP | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUANE FROST | PRESIDENT | 1 | — |
| WAYNE CONNELL | VICE-PRESIDENT | 1 | — |
| JOSEPH VICENTE | TREASURER | 1 | — |
| BILL KING | SECRETARY | 1 | — |
| LISA GARDNER | ASSISTANT SECRETARY | 1 | — |
| SANTOS TAPIA JR | TRUSTEE | 1 | — |
| KENNETH LUJAN | TRUSTEE | 1 | — |
| RICK ANAYA | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Central New Mexico Electric Education?
As of 2024, Central New Mexico Electric Education holds $674K in total assets with $139K in annual revenue. It awarded 27 grants totaling $87K in 2024.
Where does Central New Mexico Electric Education operate?
Central New Mexico Electric Education has awarded grants in New Mexico.
What size grants does Central New Mexico Electric Education award?
In 2024, Central New Mexico Electric Education awarded 27 grants totaling $87K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Central New Mexico Electric Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Central New Mexico Electric Education reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Central New Mexico Electric Education's EIN?
Central New Mexico Electric Education's EIN (Employer Identification Number) is 85-0366030. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Central New Mexico Electric Education's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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