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NEW MEXICO RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION INC
NEW MEXICO RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION INC
NM · EIN 850155370
7
Executives Disclosed
$2.9M
Annual Revenue
$704K
Total Assets
1.5:1
Internal Pay Ratio
NEW MEXICO RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION INC has 7 executives with disclosed compensation. The highest-paid executive, Keven Groenewold (CEO & GENERAL MANAGER), received peak total compensation of $392,723.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Keven Groenewold | CEO & GENERAL MANAGER | $393K | $393K | 2016–2021 | 5.2x |
| Keven Groenewold Retired 1231 | CEO & GENERAL MANAGER | $304K | $304K | 2022–2022 | 4.1x |
| Charise Swanson 124 - 1124 | CEO & GENERAL MANAGER | $261K | $261K | 2024–2024 | 3.5x |
| Charise Swanson | CEO & GENERAL MANAGER | $257K | $257K | 2023–2023 | 3.4x |
| Lonnie Tucker | VP COMMUNICATIONS | $196K | $196K | 2024–2024 | 2.6x |
| Edward Rougemont | SELF INSURER'S FUND ADMINI | $170K | $170K | 2020–2022 | 2.3x |
| Susan Espinoza | ENCHANTMENT EDITOR | $159K | $159K | 2020–2020 | 2.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 1 | $329K | $329K | $329K |
| 2017 | 1 | $334K | $334K | $334K |
| 2018 | 1 | $347K | $347K | $347K |
| 2019 | 1 | $341K | $341K | $341K |
| 2020 | 3 | $268K | $377K | $536K |
| 2021 | 2 | $273K | $393K | $546K |
| 2022 | 2 | $237K | $304K | $474K |
| 2023 | 1 | $257K | $257K | $257K |
| 2024 | 2 | $229K | $261K | $458K |
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