Jemez Mountains Electric Foundation
Jemez Mountains Electric Foundation is a private foundation, based in Espanola, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 21 grants totaling $53K. Net investment income was $112K.
Key facts about Jemez Mountains Electric Foundation
- EIN
- 23-7022094
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $52,500
- Grants made (2024)
- 21
- Average grant
- $2,500
- Median grant
- $2,500
- Total assets
- $1,401,787
- Primary geography
- New Mexico (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Jemez Mountains Electric Foundation funds
By grant dollars, the top recipient states for Jemez Mountains Electric Foundation's 21 itemized 2024 grants were New Mexico (100%). The most frequent recipient cities were Santa Fe, NM (4 grants), Ohkay Owingeh, NM (3 grants), Cuba, NM (3 grants) and Espanola, NM (3 grants). None of its 21 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (21 grants).
How Jemez Mountains Electric Foundation gives
- Giving fell 27% from 2021 to 2024. Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Jemez Mountains Electric Foundation
- How to evaluate Jemez Mountains Electric Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+4.0% YoY
Annual Giving
$53K
-18.0% YoY
Grant Count
21
+31.3% YoY
Avg Grant Size
$3K
-37.5% YoY
Under IRS private-foundation payout rules, Jemez Mountains Electric Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About Jemez Mountains Electric Foundation
Based on IRS filings
Jemez Mountains Electric Foundation is a private foundation, based in Espanola, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 21 grants totaling $53K. Net investment income was $112K.
Ready to take the next step with Jemez Mountains Electric Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 21 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,401,787 | $1,347,789 | $1,428,438 |
| Revenue | $133,880 | $12,716 | $-12,019 |
| Expenses | $79,882 | $93,365 | $146,945 |
| Qualifying Distributions | $59,697 | $70,107 | $120,255 |
| Net Investment Income | $111,895 | $15,480 | $11,160 |
| Distributable Amount | $62,571 | $58,287 | $64,012 |
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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Marcos Martinez ($2,500), Luke Archuleta ($2,500), Marisela Bowie ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MARCOS MARTINEZ Youngsville, NM | SCHOLARSHIP | $2,500 |
| LUKE ARCHULETA Alcalde, NM | SCHOLARSHIP | $2,500 |
| MARISELA BOWIE Ohkay Owingeh, NM | SCHOLARSHIP | $2,500 |
| ELIZABETH DUPRE Alclade, NM | SCHOLARSHIP | $2,500 |
| MATTHEW RIECK La Jara, NM | SCHOLARSHIP | $2,500 |
| MARISA MARTINEZ Chimayo, NM | SCHOLARSHIP | $2,500 |
| MARIAH HERRERA Cuba, NM | SCHOLARSHIP | $2,500 |
| ARAYA VIGIL Santa Fe, NM | SCHOLARSHIP | $2,500 |
| JAYDEN ELWELL Cuba, NM | SCHOLARSHIP | $2,500 |
| JASMINE GA Cuba, NM | SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dennis Trujillo | President | 1 | — |
| Manuel N Bustos | Vice President | 1 | — |
| Dolores McCoy | Treasurer | 1 | — |
| Danny Velarde | Secretary | 1 | — |
| Dennis Gallegos | Assistant Secretary/Treasurer | 1 | — |
| Marcelina Martinez | Board Member | 1 | — |
| Henry Roybal | Board Member | 1 | — |
| John Ramon Vigil | Board Member | 1 | — |
| Lucas Cordova Jr | Board Member | 1 | — |
| Elias Coriz | Board Member | 1 | — |
| Marissa Maestas-Muller | Board Member | 1 | — |
Frequently Asked Questions
How large is Jemez Mountains Electric Foundation?
As of 2024, Jemez Mountains Electric Foundation holds $1.4M in total assets with $134K in annual revenue. It awarded 21 grants totaling $53K in 2024.
Where does Jemez Mountains Electric Foundation operate?
Jemez Mountains Electric Foundation has awarded grants in New Mexico.
What size grants does Jemez Mountains Electric Foundation award?
In 2024, Jemez Mountains Electric Foundation awarded 21 grants totaling $53K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Jemez Mountains Electric Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jemez Mountains Electric Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jemez Mountains Electric Foundation's EIN?
Jemez Mountains Electric Foundation's EIN (Employer Identification Number) is 23-7022094. 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.