Central Valley Electric Education

ARTESIA, NM EIN: 85-0323120 Website

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.

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New Mexico $589K (98%)

Texas $11K (2%)

States

New Mexico Texas

Cities

AlbuquerqueAresiaArtesiaCarlsbadClarendonDexterDunkenHaagermanHagermanHangermanHopeLake ArthurLakewoodLoco HillsLubbockPeraltaPinonPuguateRoswellRowell

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Albert Montoya ($3,500), Alejandra Lopez ($3,500), Angel Padilla ($3,500).

Recipient	Purpose	Amount
ABIGAIL HAUSCHILD ARESIA, NM	EDUCATIONAL SCHOLARSHIP	$2,000
ABRIANA CARDONA ARTESIA, NM	EDUCATIONAL SCHOLARSHIP	$2,000
ADDYCEN LUCK ROSWELL, NM	EDUCATIONAL SCHOLARSHIP	$2,000
ADDYSEN FOLMAR ARTESIA, NM	EDUCATIONAL SCHOLARSHIP	$2,000
ALBERT MONTOYA ROSWELL, NM	EDUCATIONAL SCHOLARSHIP	$3,500
ALEJANDRA LOPEZ ARTESIA, NM	EDUCATIONAL SCHOLARSHIP	$3,500
ALYSSA BAEZA LIEB ARTESIA, NM	EDUCATIONAL SCHOLARSHIP	$1,500
AMAIRANY DURAN DEXTER, NM	EDUCATIONAL SCHOLARSHIP	$2,000
ANGEL PADILLA DEXTER, NM	EDUCATIONAL SCHOLARSHIP	$3,500
ARELYS SANCHEZ 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

From 2024 IRS filing

From 2024 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

Education Higher education

Frequently Asked Questions

What does Central Valley Electric Education fund?

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.