Jemez Mountains Electric Foundation

ESPANOLA, NM EIN: 23-7022094

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AbiquiuAbiquiu NmAlcaldeAlcladeChimayoChimayo NmCubaCuba NmEspanolaEspanola NmFairviewFairview NmGallinaGallina NmJemez PuebloLa JaraMedanalesOhkay OwingehOhkay Owingeh NmOjo Caliente

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$249K$498K$747K$996K20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$87K$116K15 grants202018 grants202129 grants202216 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MARCOS MARTINEZ$3KLUKE ARCHULETA$3KMARISELA BOWIE$3KELIZABETH DUPRE$3KMATTHEW RIECK$3KMARISA MARTINEZ$3KMARIAH HERRERA$3KARAYA VIGIL$3KJAYDEN ELWELL$3KJASMINE GA$3K

Grant Size Distribution

99 grants across all recorded years

99<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marcos Martinez ($2,500), Luke Archuleta ($2,500), Marisela Bowie ($2,500).

RecipientPurposeAmount
MARCOS MARTINEZ YOUNGSVILLE, NMSCHOLARSHIP$2,500
LUKE ARCHULETA ALCALDE, NMSCHOLARSHIP$2,500
MARISELA BOWIE OHKAY OWINGEH, NMSCHOLARSHIP$2,500
ELIZABETH DUPRE ALCLADE, NMSCHOLARSHIP$2,500
MATTHEW RIECK LA JARA, NMSCHOLARSHIP$2,500
MARISA MARTINEZ CHIMAYO, NMSCHOLARSHIP$2,500
MARIAH HERRERA CUBA, NMSCHOLARSHIP$2,500
ARAYA VIGIL SANTA FE, NMSCHOLARSHIP$2,500
JAYDEN ELWELL CUBA, NMSCHOLARSHIP$2,500
JASMINE GA CUBA, NMSCHOLARSHIP$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DENNIS TRUJILLOPRESIDENT1
MANUEL N BUSTOSVICE PRESIDENT1
DOLORES MCCOYTREASURER1
DANNY VELARDESECRETARY1
DENNIS GALLEGOSASSISTANT SECRETARY/TREASURER1
MARCELINA MARTINEZBOARD MEMBER1
HENRY ROYBALBOARD MEMBER1
JOHN RAMON VIGILBOARD MEMBER1
LUCAS CORDOVA JRBOARD MEMBER1
ELIAS CORIZBOARD MEMBER1
MARISSA MAESTAS-MULLERBOARD MEMBER1

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 April 2026. Sourced from IRS Form 990-PF filings.

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