Based on available verified sources, there is no organization specifically named "Central Valley Electric Education." The sources reference **Central Valley Electric Cooperative (CVE)**, a member-owned electric utility cooperative headquartered in Artesia, New Mexico. CVE is a 501(c)(12) public utility cooperative that provides electricity to rural areas, not a grantmaking foundation or educational organization.
Key facts about Central Valley Electric Education
- EIN
- 85-0323120
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $326,500
- Grants made (2024)
- 121
- Average grant
- $2,698
- Median grant
- $3,500
- Total assets
- $2,900,885
- Primary geography
- New Mexico (99% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Central Valley Electric Education funds
By grant dollars, the top recipient states for Central Valley Electric Education's 121 itemized 2024 grants were New Mexico (99%). The most frequent recipient cities were Artesia, NM (65 grants), Dexter, NM (21 grants), Roswell, NM (10 grants) and Hagerman, NM (9 grants). None of its 121 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational Scholarship" (121 grants).
How Central Valley Electric Education gives
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 255% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Central Valley Electric Education
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+9.4% YoY
Annual Giving
$327K
+17.7% YoY
Grant Count
121
+0.8% YoY
Avg Grant Size
$3K
+16.7% YoY
Under IRS private-foundation payout rules, Central Valley Electric Education reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Values
CVE describes itself as a member-focused electric cooperative that strives to provide members with quality service and value through accountability, innovation, integrity, and commitment to community. The organization emphasizes that members are the reason for its existence, as CVE is owned by the people who use its services rather than distant investors.
Note: The search results do not contain information about "Central Valley Electric Education" as a distinct grantmaking entity or educational funder. If you are researching a specific educational foundation or grantmaker, additional clarification on the organization's legal name or EIN would be needed.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 121 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,900,885 | $2,651,034 | $2,357,497 |
| Revenue | $566,468 | $583,198 | $376,004 |
| Expenses | $397,318 | $259,372 | $295,328 |
| Qualifying Distributions | $328,776 | $279,629 | $314,358 |
| Net Investment Income | $118,260 | $97,336 | $24,649 |
| Distributable Amount | $128,790 | $109,940 | $108,742 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
674 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Albert Montoya ($3,500), Alejandra Lopez ($3,500), Angel Padilla ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBERT MONTOYA Roswell, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| ALEJANDRA LOPEZ Artesia, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| ANGEL PADILLA Dexter, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| ARELYS SANCHEZ Artesia, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| BLAS GONZALEZ Dexter, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| BRITTANY DANIEL Roswell, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| BROOKE FLOWERS Dexter, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| CALEB SPEAR Roswell, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| CALLIE BENNETT Hope, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
| CARLEY SIMER Artesia, NM | EDUCATIONAL SCHOLARSHIP | $3,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Chuck Pinson served as CEO for 38 years before retiring, with a successor to be appointed effective January 2025. The Board of Trustees oversees the cooperative's operations.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles G Wagner | President | 0.5 | — |
| Michael Bennett | Vice President | 0.5 | — |
| Wesley R Pilley | Secretary/Treasurer | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Central Valley Electric Education fund?
CVE describes itself as a member-focused electric cooperative that strives to provide members with quality service and value through accountability, innovation, integrity, and commitment to community. The organization emphasizes that members are the reason for its existence, as CVE is owned by the people who use its services rather than distant investors. --- **Note:** The search results do not contain information about "Central Valley Electric Education" as a distinct grantmaking entity or edu…
What size grants does Central Valley Electric Education award?
In 2024, Central Valley Electric Education awarded 121 grants totaling $327K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Central Valley Electric Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Central Valley Electric Education reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Central Valley Electric Education's EIN?
Central Valley Electric Education's EIN (Employer Identification Number) is 85-0323120. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.