Sierra Electric Cooperative Education
Sierra Electric Cooperative Education is a private foundation, based in ELEPHANT BUTTE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $912K in total assets. In 2024, it awarded 13 grants totaling $34K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$912K
+26.7% YoY
Annual Giving
$34K
-20.9% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$3K
-2.7% YoY
Under IRS private-foundation payout rules, Sierra Electric Cooperative Education reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About Sierra Electric Cooperative Education
Based on IRS filings
Sierra Electric Cooperative Education is a private foundation, based in ELEPHANT BUTTE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $912K in total assets. In 2024, it awarded 13 grants totaling $34K. Net investment income was $33K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $911,868 | $719,855 | $624,445 |
| Revenue | $196,285 | $82,241 | $85,299 |
| Expenses | $35,150 | $44,150 | $33,463 |
| Qualifying Distributions | $34,575 | $43,575 | $31,550 |
| Net Investment Income | $32,649 | $16,927 | $10,983 |
| Distributable Amount | $36,722 | $31,595 | $30,407 |
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
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alicia Gonzales ($3,000), Alison Wasilowski ($3,000), Colton Montoya ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALICIA GONZALES ELEPHANT BUTTE, NM | SCHOLARSHIP | $3,000 |
| ALISON WASILOWSKI ELEPHANT BUTTE, NM | SCHOLARSHIP | $3,000 |
| BRYLEIGN CASTILLO TRUTH OR CONSEQUENCES, NM | SCHOLARSHIP | $2,000 |
| COLTON MONTOYA CABALLO, NM | SCHOLARSHIP | $3,000 |
| CONNER ROBERTS HILLSBORO, NM | SCHOLARSHIP | $3,000 |
| DESTINY RAGSDALE WILLIAMSBURG, NM | SCHOLARSHIP | $3,000 |
| JACOB FELTS WILLIAMSBURG, NM | SCHOLARSHIP | $1,000 |
| JUAN MONTOYA MONTICELLO, NM | SCHOLARSHIP | $3,000 |
| MATTHEW AGUIRRE ARREY, NM | SCHOLARSHIP | $3,000 |
| MOKENA CRAVENOCK MONTICELLO, NM | SCHOLARSHIP | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAMI GARRETT | PRESIDENT | 1 | — |
| RAYMOND RUFFINI | VICE PRESIDENT | 1 | — |
| DARRYL SULLIVAN | TREASURER | 1 | — |
| WARREN STRONG | SECRETARY | 1 | — |
Frequently Asked Questions
How large is Sierra Electric Cooperative Education?
As of 2024, Sierra Electric Cooperative Education holds $912K in total assets with $196K in annual revenue. It awarded 13 grants totaling $34K in 2024.
Where does Sierra Electric Cooperative Education operate?
Sierra Electric Cooperative Education has awarded grants in New Mexico.
What size grants does Sierra Electric Cooperative Education award?
In 2024, Sierra Electric Cooperative Education awarded 13 grants totaling $34K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Sierra Electric Cooperative Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sierra Electric Cooperative Education reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sierra Electric Cooperative Education's EIN?
Sierra Electric Cooperative Education's EIN (Employer Identification Number) is 85-0352648. 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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