Otero County Electric Education
The Otero County Electric Education Foundation is an independent foundation established to provide educational support to members of Otero County Electric Cooperative, Inc. (OCEC) and their families. Based in Cloudcroft, New Mexico, the foundation administers scholarship programs designed to make higher education accessible to the cooperative's service area members.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+0.2% YoY
Annual Giving
$200K
+22.8% YoY
Grant Count
77
+0.0% YoY
Avg Grant Size
$3K
+22.8% YoY
Under IRS private-foundation payout rules, Otero County Electric Education reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to award scholarships to active members receiving service from Otero County Electric Cooperative, Inc., and their immediate families to attend recognized New Mexico institutions of higher education.
In 2021, the foundation expanded its focus to include workforce development by establishing a scholarship for students enrolling in the Electric Lineworker Pre-Apprenticeship program at Central New Mexico Community College (CNM) in Rio Rancho. This initiative supports training for the next generation of electrical linemen.
Grantmaking
The foundation has distributed a total of $2.07 million in scholarship funds since its inception through Fall 2025.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds students in New Mexico, with a specific focus on members of Otero County Electric Cooperative's service area attending recognized New Mexico institutions of higher education.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Establishment: Founded in 1989
EIN: 85-0374112
Funding Sources: The foundation's scholarship funds are generated from unclaimed and donated patronage capital and an endowment provided by Edward and Margaret McArthur.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,598,667 | $1,595,789 | $1,514,727 |
| Revenue | $241,152 | $80,959 | $258,741 |
| Expenses | $243,103 | $174,781 | $181,901 |
| Qualifying Distributions | $202,437 | $165,401 | $155,432 |
| Net Investment Income | $65,516 | $62,423 | $94,468 |
| Distributable Amount | $73,467 | $71,234 | $78,881 |
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 Medina Lucas ($7,000), Artiaga Bianca ($3,500), Barela Melissa ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHULETA NICKOLAS CARRIOZO, NM | SCHOLARSHIP | $1,500 |
| ARTIAGA BIANCA MESCALERO, NM | SCHOLARSHIP | $3,500 |
| BARBIE KRISTA ALAMORGORDO, NM | SCHOLARSHIP | $3,000 |
| BARELA MELISSA CARRIZOZO, NM | SCHOLARSHIP | $3,500 |
| BARNES EMILY MAYHILL, NM | SCHOLARSHIP | $3,500 |
| BEUG MIYAH CLOUDCROFT, NM | SCHOLARSHIP | $1,500 |
| BHAKTA SANJNA CAPITAN, NM | SCHOLARSHIP | $3,500 |
| BLACKBURN PRESLEY ALTO, NM | SCHOLARSHIP | $1,500 |
| BLUEDORN DANIEL CLOUDRCROFT, NM | SCHOLARSHIP | $3,500 |
| BRADSHAW BRYANNA CLOUDCROFT, NM | SCHOLARSHIP | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES MULCOCK | PRESIDENT | 1 | — |
| DENNY BURNETT | VICE PRESIDENT | 1 | — |
| SCOTT SHAFER | TREASURER | 1 | — |
| MARTY MILLS | SECRETARY | 1 | — |
| PRESTON STONE | TRUSTEE | 1 | — |
| BILL BIRD | TRUSTEE | 1 | — |
| DAVID POWERS | TRUSTEE | 1 | — |
| CHERI HASS | TRUSTEE | 1 | — |
| KENNY BLAZER | TRUSTEE | 1 | — |
| TIM RABON | TRUSTEE | 1 | — |
Contact Information
Address: PO Box 227, Cloudcroft, NM 88317-0227
Phone: 575-682-2521
Frequently Asked Questions
What does Otero County Electric Education fund?
The foundation's primary purpose is to award scholarships to active members receiving service from Otero County Electric Cooperative, Inc., and their immediate families to attend recognized New Mexico institutions of higher education. In 2021, the foundation expanded its focus to include workforce development by establishing a scholarship for students enrolling in the Electric Lineworker Pre-Apprenticeship program at Central New Mexico Community College (CNM) in Rio Rancho. This initiative supp…
How do I apply for a grant from Otero County Electric Education?
**Scholarship Awards:** The foundation has distributed a total of $2.07 million in scholarship funds since its inception through Fall 2025. **Recent Activity:** • 2026 OCEC Education Foundation Scholarship offering $15,000 • CNM Lineworker Scholarship available for Electric Lineworker Pre-Apprenticeship program costs • Basin Electric Power Cooperative Scholarship opportunities available to OCEC members through the cooperative's membership in Tri-State and Basin Electric Cooperative **Applicatio…
Where does Otero County Electric Education make grants?
The foundation funds students in New Mexico, with a specific focus on members of Otero County Electric Cooperative's service area attending recognized New Mexico institutions of higher education.
What size grants does Otero County Electric Education award?
In 2024, Otero County Electric Education awarded 77 grants totaling $200K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Otero County Electric Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Otero County Electric Education reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Otero County Electric Education's EIN?
Otero County Electric Education's EIN (Employer Identification Number) is 85-0374112. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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