Otero County Electric Cooperative Inc
Providing members with the lowest cost, highest quality, and most reliable electric power, consistent with sound and cost-effective business practices, and collaborate with members to provide resources and services that may be beneficial to our members and citizens of the communities we serve.
Otero County Electric Cooperative Inc at a glance
In short: Otero County Electric Cooperative Inc gave $14K across 1 grant in 2025 (avg $14K), mostly in New Mexico. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $13,623
- +16.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $13,623
- +16.2% vs 2024
- Median grant
- $13,623
- Total assets
- $138,607,547
- +5.2% vs 2024
- Primary geography
- New Mexico (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Otero County Electric Cooperative Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Thrive in Southern New Mexico ($14K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Otero County Electric Cooperative Inc gives
- Giving grew 34% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $9K (2021) to $24K (2023). In 2025 it made 1 grant totaling $14K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Thrive in Southern New Mexico Alamogordo, NM | Cooperative's Match | $13,623 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $138,607,547 | $37,820,451 | $37,820,451 | $13,623 | 1 | $212,378 |
| 2024 | $131,784,028 | $37,526,425 | $37,579,993 | $11,721 | 1 | $332,827 |
| 2023 | $126,273,690 | $36,589,993 | $36,589,993 | $24,429 | Total only | $355,750 |
| 2022 | $128,178,058 | $35,254,461 | $35,255,004 | $10,142 | 1 | $110,689 |
| 2021 | $129,151,752 | $35,378,271 | $35,371,491 | $8,512 | 1 | $59,823 |
| 2020 | $118,933,838 | $35,310,941 | $32,730,141 | $9,461 | 1 | $185,094 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Otero County Electric Cooperative Inc
Based on IRS filings
Otero County Electric Cooperative Inc is a public charity, based in Cloudcroft, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $138.6M in total assets. In 2025, it awarded 1 grant totaling $14K. Net investment income was $212K.
Leadership & Key People
Officers and directors from IRS filings
Otero County Electric Cooperative Inc is led by Mario Romero, General Manager & CEO on every filing since 2020; all 19 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mario Romero
General Manager & CEO
On filings since 2020
50 hrs/week
$197K (2020) → $267K (2025)
Charles Mulcock
President
On filings since 2020
4 hrs/week
$15K (2020) → $18K (2025)
David Powers
Trustee
On filings since 2020
2.8 hrs/week
$7K (2020) → $7K (2025)
Preston Stone
Trustee
On filings since 2020
3.3 hrs/week
$17K (2020) → $21K (2025)
Timothy Alan Rabon
Trustee
On filings since 2020
5.1 hrs/week
$21K (2020) → $16K (2025)
William Bird
Trustee
On filings since 2020
3.5 hrs/week
$15K (2020) → $17K (2025)
Cheri Hass
Trustee
On filings since 2021
4 hrs/week
$2K (2021) → $11K (2025)
Kenneth Blazer
Trustee
On filings since 2021
4 hrs/week
$1K (2021) → $1K (2025)
Andrew Carrell
Director of Safety & Compliance
New on the 2025 filing
42 hrs/week
$128K (2025)
Damon Marez
Former It Manager
It Manager → Former It Manager, 2024
On filings since 2020
$138K (2020) → $150K (2025)
Denny Burnett
Vice President
On filings since 2020
4 hrs/week
$23K (2020) → $29K (2025)
Julia Walker-Grinder
CFO
On filings since 2020
47 hrs/week
$119K (2020) → $171K (2025)
Martha Mills
Secretary
On filings since 2020
4.3 hrs/week
$15K (2020) → $20K (2025)
Saben Lessentine
Area Supervisor
On filings since 2020
40 hrs/week
$105K (2020) → $139K (2025)
Scott Shafer
Treasurer
On filings since 2020
2 hrs/week
$15K (2020) → $18K (2025)
Delbert Lucero
COO
Engineering & Operations Manager → COO, 2025
On filings since 2023
40 hrs/week
$135K (2023) → $162K (2025)
Lance Wright
Staking Supervisor
On filings since 2024
45 hrs/week
$132K (2024) → $130K (2025)
Benjamin Sanchez
Crew Chief
New on the 2025 filing
51 hrs/week
$135K (2025)
John Gillen
Crew Chief
New on the 2025 filing
46 hrs/week
$125K (2025)
Former officers (7)
- Former: Mark Martin (2020–2024) — Area Supervisor
- Former: Matthew Chavez (2021–2024) — Crew Chief
- Former: Christofer Hughes (2022–2023) — Crew Chief
- Former: Wilburn Rush (2020–2022) — Operations Manager
- Former: Cheri Hass Mar-Dec (2020) — Trustee
- Former: Matthew Alan Flotte Jan-Feb (2020) — Vice President
- Former: Russell Bell (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $267K, to Mario Romero (General Manager/CEO). 19 officers or directors reported compensation on that filing.
Frequently asked questions about Otero County Electric Cooperative Inc
How much does Otero County Electric Cooperative Inc give each year?
Otero County Electric Cooperative Inc gave $14K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $12K across 1 grant.
How large is Otero County Electric Cooperative Inc?
Otero County Electric Cooperative Inc reported $138.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $37.8M.
Where does Otero County Electric Cooperative Inc operate?
Otero County Electric Cooperative Inc has awarded grants in New Mexico.
What is Otero County Electric Cooperative Inc's EIN?
Otero County Electric Cooperative Inc's EIN (Employer Identification Number) is 85-0058679. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 31, 2026)
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