Southwestern Electric Cooperative Education
Southwestern Electric Cooperative Education is a private foundation, based in CLAYTON, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $80K in total assets. In 2024, it awarded 8 grants totaling $7K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$80K
-1.8% YoY
Annual Giving
$7K
-19.6% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$818.75
-39.7% YoY
Under IRS private-foundation payout rules, Southwestern Electric Cooperative Education reported a distributable amount of $304 for 2024 — the minimum it must pay out in qualifying distributions.
About Southwestern Electric Cooperative Education
Based on IRS filings
Southwestern Electric Cooperative Education is a private foundation, based in CLAYTON, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $80K in total assets. In 2024, it awarded 8 grants totaling $7K. Net investment income was $5K.
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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 | $80,388 | $81,882 | $88,981 |
| Revenue | $6,006 | $1,911 | $1,000 |
| Expenses | $7,500 | $9,010 | $7,734 |
| Qualifying Distributions | $6,550 | $8,150 | $6,894 |
| Net Investment Income | $4,878 | $836 | — |
| Distributable Amount | $304 | $708 | $4,424 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Union County Fair Association ($2,500), Morgan Crisp ($1,000), Cody Arrington ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Union County Fair Association Clayton, NM | Support Local Students - County Fair | $2,500 |
| Morgan Crisp Clayton, NM | Scholarship | $1,000 |
| Cody Arrington Clayton, NM | Scholarship | $1,000 |
| Preslie Poling Clayton, NM | Scholarship | $1,000 |
| Aubrey Wilson Clayton, NM | Scholarship | $500 |
| Harding County Fair Mills, NM | Support Local Students - County Fair | $150 |
| Caleb Sumpter Branson, CO | Dekalb Award | $200 |
| Heaven McCord Clayton, NM | Dekalb Award | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joel Gilbert | President | 2 | — |
| Joe Reeser | Trustee | 2 | — |
| Roy Perschbacher | SecretaryTreasurer | 2 | — |
| Jack Chatfield | Trustee | 2 | — |
| Ron Green | Vice President | 2 | — |
| Renee Rinestine | Trustee | 2 | — |
| Mikael Nixon | Trustee | 2 | — |
Frequently Asked Questions
How large is Southwestern Electric Cooperative Education?
As of 2024, Southwestern Electric Cooperative Education holds $80K in total assets with $6K in annual revenue. It awarded 8 grants totaling $7K in 2024.
Where does Southwestern Electric Cooperative Education operate?
Southwestern Electric Cooperative Education has awarded grants in Colorado, New Mexico.
What size grants does Southwestern Electric Cooperative Education award?
In 2024, Southwestern Electric Cooperative Education awarded 8 grants totaling $7K — an average of about $818.75 per grant, based on its IRS Form 990 filings.
How much is Southwestern Electric Cooperative Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Southwestern Electric Cooperative Education reported a distributable amount of $304 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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