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SOCORRO ELECTRIC COOPERATIVE INC
SOCORRO ELECTRIC COOPERATIVE INC
NM · EIN 850084968
40
Executives Disclosed
$27.3M
Annual Revenue
$100.3M
Total Assets
1.8:1
Internal Pay Ratio
SOCORRO ELECTRIC COOPERATIVE INC has 40 executives with disclosed compensation. The highest-paid executive, Joseph Herrera (CEO/GENERAL MANAGER), received peak total compensation of $293,661.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Joseph Herrera | CEO/GENERAL MANAGER | $294K | $294K | 2016–2024 | 3.9x |
| Tony Lopez | LEAD LINE FOREMAN | $187K | $178K | 2016–2024 | 2.5x |
| Jimmy W Capps | CFO | $178K | $178K | 2022–2024 | 2.4x |
| Steven B Dettmer | LINE SUPERINTENDENT | $172K | $0 | 2021–2022 | 2.3x |
| David Montoya | SAFETY COOR./LINE SUPER. | $169K | $161K | 2016–2024 | 2.2x |
| Ricky Williams | LINE SUPERINTENDENT | $159K | $159K | 2016–2019 | 2.1x |
| James Lizer | LINE FOREMAN | $157K | $157K | 2023–2023 | 2.1x |
| Donna Wilkins | INTERIM CEO/GM | $153K | $153K | 2024–2024 | 2x |
| Glenn Calvert | JOURNEYMAN LINEMAN | $152K | $152K | 2024–2024 | 2x |
| Ernest Torres | JOURNEYMAN FOREMAN | $145K | $0 | 2022–2024 | 1.9x |
| Jason Otero | LINE SUPERINTENDENT | $144K | $0 | 2024–2024 | 1.9x |
| Daniel Chavez | LINE FOREMAN | $143K | $0 | 2023–2023 | 1.9x |
| Ernest Torress | LINE FOREMAN | $137K | $0 | 2021–2021 | 1.8x |
| Leroy Anaya | PRESIDENT | $13K | $0 | 2016–2024 | 0.2x |
| Donald Wolberg | SECRETARY/TREASURER (JAN-JULY) | $11K | $0 | 2016–2023 | 0.1x |
| Judith Holcomb | SECRETARY/TREASURER (APRIL-NOV) | $8K | $0 | 2016–2023 | 0.1x |
| Mary Lucy Baca | SECRETARY/TREASURER (JAN-APR) | $8K | $0 | 2017–2019 | 0.1x |
| Eileen Latasa | SECRETARY/TREASURER | $8K | $0 | 2024–2024 | 0.1x |
| Anne Dorough | CHAIRMAN | $7K | $0 | 2016–2021 | 0.1x |
| James Nelson | PRESIDENT (JAN-APRIL) | $6K | $0 | 2019–2023 | 0.1x |
| Paul Bustamante | SECRETARY/TREASURER | $6K | $0 | 2019–2021 | 0.1x |
| Luis Aguilar | VICE PRESIDENT (JAN-APRIL) | $6K | $0 | 2017–2023 | 0.1x |
| Stephen Rosas | TRUSTEE | $5K | $0 | 2023–2024 | 0.1x |
| Ronald Burnett | VICE PRESIDENT | $5K | $0 | 2023–2024 | 0.1x |
| David Wade | TRUSTEE (JAN-JUNE) | $5K | $0 | 2016–2024 | 0.1x |
| Mary Lucy Baca April-Dec | TRUSTEE | $5K | $0 | 2016–2016 | 0.1x |
| Dave Wade April-Dec | TRUSTEE | $4K | $0 | 2022–2022 | 0.1x |
| Michael Hawkes | TRUSTEE | $3K | $0 | 2019–2021 | 0x |
| Prescilla Mauldin Feb-Dec | SECRETARY/TREASURER | $3K | $0 | 2016–2016 | 0x |
| Michael Bowden | TRUSTEE | $3K | $0 | 2023–2024 | 0x |
| Paul Bustamante Jan-April | TRUSTEE | $3K | $0 | 2022–2022 | 0x |
| Ronald Burnett May-Dec | TRUSTEE | $3K | $0 | 2022–2022 | 0x |
| Ward McCartney April-Dec | TRUSTEE | $2K | $0 | 2022–2022 | 0x |
| David Lyn Wade | TRUSTEE (JULY-DEC) | $2K | $0 | 2024–2024 | 0x |
| Leo Cordova Jan-April | TRUSTEE | $2K | $0 | 2016–2016 | 0x |
| Prescilla Mauldin Jan-March | SECRETARY/TREASURER | $2K | $0 | 2017–2017 | 0x |
| Dave Wade | TRUSTEE (JAN-APR) | $1K | $0 | 2019–2019 | 0x |
| Ward McCartney | TRUSTEE | $1K | $0 | 2023–2023 | 0x |
| Michael Hawkes Jan-April | TRUSTEE | $978 | $0 | 2022–2022 | 0x |
| Anne Dorough Jan | TRUSTEE | $162 | $0 | 2022–2022 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 12 | $214K | $214K | $214K |
| 2017 | 11 | $188K | $225K | $375K |
| 2018 | 11 | $176K | $245K | $704K |
| 2019 | 12 | $188K | $244K | $564K |
| 2020 | 9 | $210K | $259K | $419K |
| 2021 | 11 | $201K | $276K | $604K |
| 2022 | 16 | $197K | $276K | $788K |
| 2023 | 17 | $191K | $275K | $956K |
| 2024 | 15 | $186K | $294K | $1.1M |
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