Powered by CharityEZ

Charity report ready

MAGIC VALLEY ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

MAGIC VALLEY ELECTRIC COOPERATIVE INC

EIN 74-0758801 · Mutual & Membership Benefit (Y)

What they do

to ENHANCE PEOPLES LIVES BY SAFELY PROVIDING THE MOST RELIABLE and AFFORDABLE ELECTRIC SERVICE BY KEEPING OUR MEMBERS BEST INTEREST IN MIND.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.94spent for every $100 of revenueRevenue covered expenses this year.
$2.21in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $452,592 for BRIAN ACOSTA (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$310,898,025
Expenses$310,709,025
Annual surplus $189,000 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$310,898,025
Expenses$310,709,025
Assets$685,887,460
Income$310,898,025
Grants given$148,792
Average grant$9,300
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN ACOSTAGENERAL MANAGER · 50 hrs/week $452,592Base $298,272 · Other $154,320
ROLANDO RAMONWESTERN OPERATIONS OFFICER · 40 hrs/week $211,911Base $149,337 · Other $62,574
ABRAHAM QUIROGACENTRAL OPERATIONS OFFICER · 40 hrs/week $210,658Base $174,370 · Other $36,288
DOMITILO CANTUTECHNICAL SERVICES OFFICER · 40 hrs/week $199,459Base $168,606 · Other $30,853
SONIA SALAZAR-RANGELFINANCIAL SERVICES OFFICER · 45 hrs/week $195,510Base $157,062 · Other $38,448
ELENO TORRES JRLINEMAN A · 59 hrs/week $194,284Base $166,833 · Other $27,451
HORACIO PEQUENOEASTERN OPERATIONS OFFICER · 40 hrs/week $182,432Base $151,302 · Other $31,130
DAVID MORALESDIRECTOR · 7 hrs/week $42,500
BARBARA S MILLERPRESIDENT · 9 hrs/week $37,000
ADRIENNE PENA-GARZADIRECTOR · 7 hrs/week $33,250
ROLANDO ALANIZVICE PRESIDENT · 6 hrs/week $32,000
FRANK FERRISASST SECRETARY/TREASURER · 4 hrs/week $27,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

BRIAN ACOSTAGENERAL MANAGER

ROLANDO RAMONWESTERN OPERATIONS OFFICER

ABRAHAM QUIROGACENTRAL OPERATIONS OFFICER

DOMITILO CANTUTECHNICAL SERVICES OFFICER

SONIA SALAZAR-RANGELFINANCIAL SERVICES OFFICER

ELENO TORRES JRLINEMAN A

HORACIO PEQUENOEASTERN OPERATIONS OFFICER

DAVID MORALESDIRECTOR

BARBARA S MILLERPRESIDENT

ADRIENNE PENA-GARZADIRECTOR

ROLANDO ALANIZVICE PRESIDENT

FRANK FERRISASST SECRETARY/TREASURER

DOUGLAS MARTINSECRETARY/TREASURER

JOSHUA KLOSTERMANNDIRECTOR

About this charity

Recognized since
January 1939
Location
PO BOX 267, MERCEDES, TX 78570-0267
County
Hidalgo
In care of
BRIAN R ACOSTA
Primary officer
BRIAN R ACOSTA, GENERAL MANAGER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free