Roosevelt County Electric Education
Roosevelt County Electric Education Foundation is a company-sponsored foundation based in Portales, New Mexico. The foundation was established in 1988 and operates as part of Roosevelt County Electric Cooperative, a rural electric utility serving southeastern New Mexico.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+12.3% YoY
Annual Giving
$162K
+19.4% YoY
Grant Count
68
+3.0% YoY
Avg Grant Size
$2K
+15.9% YoY
Mission & Focus Areas
The foundation awards scholarships to dependents of members of Roosevelt County Electric Cooperative. This educational support represents the cooperative's commitment to investing in the next generation within its service community.
Ready to take the next step with Roosevelt County Electric Education?
Geographic Focus
Where this funder awards grants
The foundation serves Roosevelt County, New Mexico, a rural county in southeastern New Mexico encompassing 2,455 square miles in the Llano Estacado region. Portales is the county seat and largest municipality. The foundation's scholarship program is available to dependents of Roosevelt County Electric Cooperative members.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,265,964 | $2,017,454 | $1,553,300 |
| Revenue | $171,601 | $368,217 | $98,762 |
| Expenses | $172,155 | $139,346 | $138,057 |
| Qualifying Distributions | $169,200 | $138,721 | $135,286 |
| Net Investment Income | $146,611 | $100,623 | $91,422 |
| Distributable Amount | $104,959 | $86,641 | $85,946 |
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
230 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Eric Segovia serves as Executive Vice President and General Manager of Roosevelt County Electric Cooperative, the parent organization of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANET COLLINS | PRESIDENT | 1 | — |
| CHARLES BENNETT JR | VICE PRESIDENT | 1 | — |
| CHRIS DUNCAN | SECRETARY/TREASURER | 1 | — |
| LEON NALL | TRUSTEE | 1 | — |
| BRANDON DEWBRE | TRUSTEE | 1 | — |
| BILLY CATHEY | TRUSTEE | 1 | — |
| KYNZI SHELLEY | TRUSTEE | 1 | — |
Contact Information
- Website: www.rcec.coop/scholarship-prog
- Phone: 575-356-4491
- Address: PO Box 389, Portales, NM 88130-0389
- EIN: 85-0350615
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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