MORA-SAN MIGUEL ELECTRIC COOPERATIVE INC

EIN: 850084487

MORA, NM

Total Revenue
$13,938,409
Total Expenses
$13,856,055
Total Assets
$40,381,280
Net Assets
$11,723,164
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
NM
Principal Officer
LESLIE MONTOYA
Phone
5753834270
Tax Period
2024-01-01 to 2024-12-31

MORA-SAN MIGUEL ELECTRIC COOPERATIVE INC, founded in 1940, is a mid-sized nonprofit that reported $13.9M in total revenue in fiscal year 2024.

Mission

TO PROVIDE THE HIGHEST LEVEL OF ELECTRICAL SERVICE CONSISTENT WITH EFFICIENT AND SOUND PRINCIPLES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,829,915
Investment Income $82,354
Other Revenue $26,140
TOTAL REVENUE $13,938,409

Expense Breakdown

Grants Paid $8,268
Salaries & Benefits $2,336,260
Fundraising Expenses $0
Other Expenses $11,207,266
TOTAL EXPENSES $13,856,055

Year-over-Year Comparison

2024 2023 Change
Revenue $13,938,409 $13,330,751 +0.0%
Expenses $13,856,055 $13,272,273 +0.0%
Net Income $82,354 $58,478 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
31
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$208,806
Total Directors
5
$29,800
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES ORTIZ VICE PRESIDENT 8.78
Officer Director
$8,350 $0 $8,350
SAMUEL A RAMIREZ TRUSTEE 7.31
Director
$8,200 $0 $8,200
VIRGINIA MONDRAGON SECRETARY/TREASURER 3.78
Officer Director
$5,100 $0 $5,100
JOSEPH C DE BACA TRUSTEE 5.18
Director
$4,850 $0 $4,850
ROBERT BACA PRESIDENT 3.19
Officer Director
$3,300 $0 $3,300
LESLIE MONTOYA CEO/GENERAL MANAGER 50.00
Officer
$155,103 $36,953 $192,056
MARTIN TERRAN ZUBIA WORKING FOREMAN 50.20
Highest
$125,596 $26,304 $151,900
GEORGE P VALDEZ WORKING FOREMAN 50.30
Highest
$120,992 $36,807 $157,799
LAZARO JOSE BARELA OPERATIONS MANAGER 41.20
Highest
$103,572 $34,370 $137,942
SIDNEY TRUJILLO WORKING FOREMAN 45.80
Highest
$109,639 $33,490 $143,129
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,938,409 $13,856,055 $40,381,280 $82,354
2023 $13,330,751 $13,272,273 $38,090,213 $58,478
2022 $13,076,672 $13,056,339 $37,576,968 $20,333
2021 $12,852,709 $12,826,347 $28,478,652 $26,362
2020 $13,323,566 $12,858,092 $30,622,887 $465,474
2019 $13,106,238 $13,063,979 $29,549,133 $42,259
2018 $12,255,427 $12,255,427 $29,436,262 No data
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