Southwestern Electric Cooperative Education
Southwestern Electric Cooperative Education is a private foundation, based in Clayton, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $78K in total assets. In 2025, it awarded 4 grants totaling $5K. Net investment income was $3K.
Southwestern Electric Cooperative Education at a glance
In short: Southwestern Electric Cooperative Education gave $5K across 4 grants in 2025 (avg $1K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,250
- -19.8% vs 2024
- Grants made (2025)
- 4
- -50.0% vs 2024
- Average grant
- $1,313
- +60.3% vs 2024
- Median grant
- $375
- Total assets
- $77,998
- -3.0% vs 2024
- Primary geography
- New Mexico (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Southwestern Electric Cooperative Education funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Union County Fair Association ($4K).
Organizations only. It also paid 3 individual scholarships ($950), which are not listed by name.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Southwestern Electric Cooperative Education gives
- Giving fell 24% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF 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 $5K (2025) to $8K (2023). In 2025 it made 4 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Union County Fair Association Clayton, NM | Support Local Students - County Fair | $4,300 |
| 3 individual scholarships Recipients not named | — | $950 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $77,998 | $3,848 | $6,238 | $5,250 | 4 | $5,250 | $2,710 | $375 |
| 2024 | $80,388 | $6,006 | $7,500 | $6,550 | 8 | $6,550 | $4,878 | $304 |
| 2023 | $81,882 | $1,911 | $9,010 | $8,150 | 6 | $8,150 | $836 | $708 |
| 2022 | $88,981 | $1,000 | $7,734 | $6,894 | 7 | $6,894 | — | $4,424 |
| 2021 | $95,715 | $1,120 | $8,594 | $7,744 | 7 | — | $57 | $4,890 |
| 2020 | $103,189 | $3,450 | $9,387 | $7,737 | 6 | — | $1,387 | $5,153 |
Under IRS private-foundation payout rules, Southwestern Electric Cooperative Education reported a distributable amount of $375 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Southwestern Electric Cooperative Education is led by Joel Gilbert, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joel Gilbert
President
On filings since 2020
2 hrs/week
No compensation reported
Jack Chatfield
Trustee
Secretary & Treasurer → Secretary, 2021
Secretary → Trustee, 2023
On filings since 2020
2 hrs/week
No compensation reported
Mikael Nixon
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Ron Green
Trustee
Trustee → Vice President, 2024
Vice President → Trustee, 2025
On filings since 2020
2 hrs/week
No compensation reported
Chad Deason
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Joe Reeser
Vice President
Vice President → Trustee, 2024
Trustee → Vice President, 2025
On filings since 2020
2 hrs/week
No compensation reported
Roy Perschbacher
Secretarytreasurer
Trustee → Secretary, 2023
Secretary → Secretarytreasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Former officers (5)
- Former: Renee Rinestine (2020–2024) — Trustee
- Former: Bob Weese (2020) — Trustee
- Former: Harry Hopson (2020) — Trustee
- Former: Robert Emery (2020) — Trustee
- Former: Sterlin Shields (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.
Frequently asked questions about Southwestern Electric Cooperative Education
How much does Southwestern Electric Cooperative Education give each year?
Southwestern Electric Cooperative Education gave $5K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 8 grants.
What is Southwestern Electric Cooperative Education's typical grant size?
Southwestern Electric Cooperative Education's median grant in 2025 was $375, and its average grant was $1,313, across 4 grants on its 2025 IRS Form 990-PF.
Where does Southwestern Electric Cooperative Education give grants?
Southwestern Electric Cooperative Education gives mostly in New Mexico: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Southwestern Electric Cooperative Education give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Southwestern Electric Cooperative Education's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How large is Southwestern Electric Cooperative Education?
Southwestern Electric Cooperative Education reported $78K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $375 (roughly 5% of its investment assets).
What is Southwestern Electric Cooperative Education's EIN?
Southwestern Electric Cooperative Education's EIN (Employer Identification Number) is 85-0376832. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 12, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 30, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 9, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
- IRS filings on file for fiscal years 2020–2025
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