Magic Valley Electric Cooperative Inc
Mercedes, TX · EIN 74-0758801 · Rank 2,087 by total revenue
To provide quality and reliable electric service to members of the cooperative.
Money, Form 990 for tax year 2024
- Total revenue
- $310,898,025
- Total expenses
- $310,709,025
- Total assets
- $685,887,460
- Salary base (all salaries and wages)
- $16,142,204
- Salaries, other pay and benefits
- $21,684,855
- Employees
- 316
- Salary base per employee
- $51,083
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (9)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Brian Acosta | GENERAL MANAGER | Officer | 50 | $452,592 |
| Sonia Salazar-Rangel | FINANCIAL SERVICES OFFICER | Officer | 45 | $195,510 |
| Barbara S Miller | PRESIDENT | Board, Officer | 8.6 | $37,000 |
| Rolando Alaniz | VICE PRESIDENT | Board, Officer | 5.5 | $32,000 |
| Frank Ferris | ASST SECRETARY/TREASURER | Board, Officer | 3.8 | $27,000 |
| Douglas Martin | SECRETARY/TREASURER | Board, Officer | 3.2 | $26,250 |
| David Morales | DIRECTOR | Board | 6.6 | $42,500 |
| Adrienne Pena-Garza | DIRECTOR | Board | 6.8 | $33,250 |
| Joshua Klostermann | DIRECTOR | Board | 3.7 | $24,000 |
Top 10 paid people listed
These 10 people received $1,759,596, which is 10.9% of the $16,142,204 salary base shared by 316 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Brian Acosta | GENERAL MANAGER | Officer | 50 | $298,272 | $0 | $154,320 | $452,592 |
| Rolando Ramon | WESTERN OPERATIONS OFFICER | Highly paid employee | 40 | $149,337 | $0 | $62,574 | $211,911 |
| Abraham Quiroga | CENTRAL OPERATIONS OFFICER | Highly paid employee | 40 | $174,370 | $0 | $36,288 | $210,658 |
| Domitilo Cantu | TECHNICAL SERVICES OFFICER | Highly paid employee | 40 | $168,606 | $0 | $30,853 | $199,459 |
| Sonia Salazar-Rangel | FINANCIAL SERVICES OFFICER | Officer | 45 | $157,062 | $0 | $38,448 | $195,510 |
| Eleno Torres Jr | LINEMAN A | Highly paid employee | 59 | $166,833 | $0 | $27,451 | $194,284 |
| Horacio Pequeno | EASTERN OPERATIONS OFFICER | Highly paid employee | 40 | $151,302 | $0 | $31,130 | $182,432 |
| David Morales | DIRECTOR | Board | 6.6 | $42,500 | $0 | $0 | $42,500 |
| Barbara S Miller | PRESIDENT | Board, Officer | 8.6 | $37,000 | $0 | $0 | $37,000 |
| Adrienne Pena-Garza | DIRECTOR | Board | 6.8 | $33,250 | $0 | $0 | $33,250 |
Sources
- IRS e-file return 202523219349303247 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 74-0758801
- Organization website (as filed): www.magicvalley.coop