1. Directory
  2. New Mexico
  3. Socorro Electric Foundation
EIN 23-7044964

Socorro Electric Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Socorro
State
New Mexico
Year formed
1970
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Socorro Electric Foundation is a private foundation that provides college scholarships to students located in the service area of Socorro Electric Cooperative. They made 32 grants last year and their nonprofit type is private foundation.
Total revenues
$146,763
2023
Total expenses
$81,778
2023
Total assets
$517,597
2023
Num. employees
0
2023

Program areas at Socorro Electric Foundation

To provide college scholarships to students located in the service area of Socorro Electric cooperative. During 2023 54 students received scholarships.
The Foundation supports local schools with assistance in holding spelling bees, coloring contests, kids' science cafe, and livestock sales.
Grants to support the annual county fair, local 4h, and ffa programs.

Grants made by Socorro Electric Foundation

GranteeGrant descriptionAmount
Kids Science CafeTo Support the Kid's Science Cafe in Learning Opportunities.$2,500
Socorro County Fair and Rodeo AssociationTo Support the Annual County Fair and Local 4H and Ffa Programs$2,500
Valencia Fair ManagementTo Support the Management of County Fairs and Livestock Shows.$1,500

Financials for Socorro Electric Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$133,611
Investment income and dividends$8,340
Net rental income$0
Net gain from sale of non-inventory assets$4,812
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$146,763

Organizations like Socorro Electric Foundation

OrganizationLocationRevenue
AE Leonard Family Giving CouncilSan Antonio, TX$295,132
Osha FoundationNew York, NY$37,524
Fritz Lang FoundationLake Charles, LA$324,715
The Stewart FoundationYork, PA$518,756
L Suzio Family FoundationMeriden, CT$117,395
College Park at Grand Island MccormickGrand Island, NE$273,513
Max Finney FoundationSpring, TX$132,548
Katz Family Charitable TrustJenkintown, PA$136,331
The Aberdale FoundationActon, MA$127,141
PB&K Family FoundationDenver, CO$442,017
Data update history
June 3, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 22, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 17, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box H
Socorro, NM 87801
County
Socorro County, NM
Website URL
socorroelectric.com/youth 
Phone
(575) 835-0560
IRS details
EIN
23-7044964
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Socorro Electric Foundation has new information, or want to find more organizations like Socorro Electric Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2026 Nonprofit Metrics LLC
Terms of Service and Privacy Policy