TY 2020 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	165,768	21,634	21,634
	2	Savings and temporary cash investments.........	42,019	52,302	52,302
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable 197,350
		Less: allowance for doubtful accounts		197,350	197,350
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	686,516	766,649	766,649
	b	Investments—corporate stock (attach schedule).......	25,622	0	0
	c	Investments—corporate bonds (attach schedule).......	597,839	637,582	637,582
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	3,643	4,136	4,136
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,521,407	1,679,653	1,679,653
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	74,000	72,000
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	74,000	72,000
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,283,762	1,482,447
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	163,645	125,206
	29	Total net assets or fund balances (see instructions).....	1,447,407	1,607,653
	30	Total liabilities and net assets/fund balances (see instructions).	1,521,407	1,679,653

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-2,594
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	2,556
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	2,556
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,556
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	960
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	960
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	1,596
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CHARLES MULCOCK	PRESIDENT 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
DENNY BURNETT	VICE PRESIDENT 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
SCOTT SHAFER	TREASURER 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
MARTY MILLS	SECRETARY 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
PRESTON STONE	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
BILL BIRD	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
DAVID POWERS	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
CHERI HASS	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
KENNY BLAZER	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317
TIM RABON	TRUSTEE 1.00	0	0	0
PO BOX 227 CLOUDCROFT,NM88317

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					70,290
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	10,236
b From 2016......	31,231
c From 2017......	43,186
d From 2018......	51,853
e From 2019......	72,492
fTotal of lines 3a through e........		208,998
4Qualifying distributions for 2020 from Part
XII, line 4: $ 142,453
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					70,290
e Remaining amount distributed out of corpus		72,163
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		281,161
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		10,236
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		270,925
10 Analysis of line 9:
a Excess from 2016....	31,231
b Excess from 2017....	43,186
c Excess from 2018....	51,853
d Excess from 2019....	72,492
e Excess from 2020....	72,163

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

OTERO COUNTY ELECTRIC EDUCATION FOU
PO BOX 227
CLOUDCROFT,NM88317
(575) 682-2521

bThe form in which applications should be submitted and information and materials they should include:

SCHOLARSHIP APPLICATIONS SHOULD BE SUBMITTED TO THE EDUCATION FOUNDATION. P.O. BOX 227 CLOUDCROFT, NM 88317. THE APPLICATION CAN BE DOWLOADED FROM THE COOPERATIVE'S WEBSITE HTTP://WWW.OCEC-INC.COM/CONTENT/SCHOLARSHIPS. THE APPLICATION SHOULD INCLUDE THE FOLLOWING: COMPLETED AND SIGNED SCHOLARSHIP APPLICATION, AN OFFICIAL SCHOOL TRANSCRIPT FROM THE SCHOOL THE APPLICANT HAS MOST RECENTLY ATTENDED, A COPY OF ACT/SAT SCORES, THREE SIGNED LETTERS OF RECOMMENDATION, AND AN ESSAY ON THE TOPIC OF THE FOUNDATIONS CHOOSING.

cAny submission deadlines:

MARCH 15, 2021

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

ONE SEMESTER SCHOLARSHIPS, IN AN AMOUNT TO BE DETERMINED ON AN ANNUAL BASIS BY THE EDUCATION FOUNDATION, WILL BE CONSIDERED PROVIDED THE FOLLOWING ELIGIBILITY REQUIREMENTS HAVE BEEN MET: AVAILABLE TO ACTIVE MEMBERS RECEIVING SERVICE FROM OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND THEIR IMMEDIATE FAMILY. APPLICANTS MUST USE EDUCATIONAL GRANT FUNDS TO PURSUE AND ESTABLISHED DEGREE FROM AN ACCREDITED NEW MEXICO UNIVERSITY, COLLEGE, OR VOCATIONAL SCHOOL. THE INITIAL SCHOLARSHIP AWARD MUST BE USED FOR THE FALL OF THE SCHOOL YEAR THAT THE SCHOLARSHIP IS GIVEN, AND MAY BE RENEWED FOR AN ADDITIONAL SEVEN CONSECUTIVE SPRING AND FALL SEMESTERS. THE ABILITIY TO RENEW THE SCHOLARSHIP IS CONTIGENT UPON MEETING THE ENROLLMENT STATUS AND PASSING GRADE REQUIREMENTS REVIEWED BY THE FOUNDATION ON AN ANNUAL BASIS.

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AARON FORSTER PO BOX 1250 ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ALARAH KAZHE-KIRGAN PO BOX 157 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ALBERT VALDEZ PO BOX 186 BENT,NM88314	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ALEXIS MONTGOMERY 1495 PINON DUNKEN RD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ALEXIS ZAMORA PO BOX 612 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
AMANDA CARRELL 70 OLD RAIL ROAD HIGH ROLLS,NM88325	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
AMANDA MARQUEZ 206 DOC HOLIDAY COURT ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ANTONIO SILVA 24 SIMON LANE ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ARIEL AGUILAR 26 FANTASY STREET MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ASHLEIGH HALL PO BOX 1518 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ASHTON NUNEZ PO BOX 2779 RUIDOSO,NM88355	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
BERENICE ALMANZA HC 66 BOX 39 HONDO,NM88336	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
BONNIE GONZALES 2317 CALLE DE SUENOS LAS CRUCES,NM88001	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
CAYMAN ROGERS PO BOX 852 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
CHASE DICTSON 129 RIVERS EDGE SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
CLAY STEARNS PO BOX 549 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
D'ANNA WILLINGHAM PO BOX 1931 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DAKOTA HAZEN 231 CEDAR CREST ROAD NOGAL,NM88341	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DALTON WRIGHT 38 CANYON ROAD CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DANA VICKERY 1706 MONTE VISTA CT ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DANIEL FRAGOSO PO BOX 1433 ALAMOGORDO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DANIEL HOBBS 27852 US HWY 70 SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DANIEL LUCERO PO BOX 1433 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DANIEL ZAMORA PO BOX 644 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DEVYNEE PALMER PO BOX 594 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
DIANA COOK PO BOX 301 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ESTON FULSOM PO BOX 108 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
FABIAN CHAVEZ PO BOX 685 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
GAVIN GUERRA 130 ALAMOTERO ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
GRACE MYERS 644 LABORCITA CANYON RD LA LUZ,NM88337	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
GRACIE HOOTEN PO BOX 712 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
HALEIGH HAVEN PO BOX 2076 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
HALEY BIGMOUTH PO BOX 523 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HALEY CARR PO BOX 1478 ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HALEY DEMPSEY PO BOX 1478 ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
HOPE EVANS PO BOX 304 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
ISABELLA BERNINO 24014 US HIGHWAY 70 BENT,NM88314	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
IVY LAPAZ PO BOX 179 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
JACALI BAEZA PO BOX 7911 RUIDOSO,NM88355	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
JACQUELINE FLORES PO BOX 704 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
JARED GUEVARA PO BOX 945 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JESSE HIBBARD 163 RUSSELL GAP ROAD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JOHN HEMPHILL PO BOX 1006 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
JORDAN GASTON 347 PECOS ROAD TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JORDAN PATTERSON PO BOX 1917 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
JOYCE ANNE COOPER 642 BLACKWATER DRAW 2 TINNIE,NM88351	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
KAGEN WATSON 3217 HIGHWAY 82 MAYHILL,NM88339	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
KAITLYN HARWELL 1610 FAIRGROUNDS RD ARTESIA,NM88210	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
KARLA NORIEGA 313 CHISOLM TRAIL ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
KYLIE PRUETT PO BOX 955 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
LACI TODDY PO BOX 823 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
LAURIE TORRES 5980 HWY 54 S UNIT 3773 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
LUKE KING PO BOX 25 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
LYNELL MAGOOSH 5 GOAT SUMMIT DRIVE MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MAGDELYN RICH PO BOX 575 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MARIN NAJAR PO BOX 1392 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MARSHALL HAMILTON PO BOX 916 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MARY HOWARD PO BOX 1931 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MCKENZIE NUNEZ PO BOX 1334 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MEGAHN TRAYLOR 3201 PINELODGE ROAD CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MELISSA GUILLEN HC 66 BOX 69 HONDO,NM88335	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MICHAYLA HADEN 10 ESTANCIA TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
MORGAN FOLEY 21 SOUTHGATE ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
NICK MORALES 242 SUN VALLEY ROAD ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
NICKOLAS ARCHULETA PO BOX 174 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
NINA HERRERA PO BOX 82 HONDO,NM88336	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
OLIVIA BERDING 69 MOUNTAIN TOP RANCH ROAD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
PORFIRIO ROMERO 336 EL VALLE LOOP SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
REGAN PRUETT PO BOX 955 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ROSE LOPEZ 68 A SIOUX TRAIL TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
RYDER KING 210 NOGAL CANYON RD BENT,NM88314	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SABINA JUDAH 32 BALSAM CANYON DRIVE CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SAGE DRAKE 5980 HWY 54 S UNIT 3503 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SAMANTHA MADIGAN 7 HOUSTON DRIVE CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SAVANNAH HAIR PO BOX 1861 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SHACIE MARR PO BOX 182 TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHAINA LEWIS 2087 RIO PENASCO ROAD MAYHILL,NM88339	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHANIA GILILLAND 67 TULIE GATE ROAD TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHELBY SOUTHARD 126 LITTLE CREEK HILLS ROAD ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SHEYENNE DRAKE 5980 HWY 54 S UNIT 3503 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	2,000
SIDNEY MORALES 204 HEATH DRIVE RUIDOSO,NM88345	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SIERRA SHOEMAKER PO BOX 245 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
T'KHALA CHAVEZ 108-1 EL VALLE LOOP SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
TRISTEN BARELA PO BOX 895 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
VICTOR NAJERA PO BOX 1083 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
WADE STEARNS PO BOX 549 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ZACH WILSON PO BOX 704 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ZANE SEIDEL 6 GOLD NUGGET ALLEY CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ZANE SEIDEL 6 GOLD NUGGET ALLEY CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
Total ................................. 3a				140,000

bApproved for future payment
AARON FORSTER PO BOX 1250 ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ALARAH KAZHE-KIRGAN PO BOX 157 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ALEXIS MONTGOMERY 1495 PINON DUNKEN RD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
AMANDA MARQUEZ 206 DOC HOLIDAY COURT ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ARIEL AGUILAR 26 FANTASY STREET MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ASHLEIGH HALL PO BOX 1518 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ASHTON NUNEZ PO BOX 2779 RUIDOSO,NM88355	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
BERENICE ALMANZA HC 66 BOX 39 HONDO,NM88336	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
BONNIE GONZALEZ 2317 CALLE DE SUENOS LAS CRUCES,NM88001	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
CHASE DICTSON 129 RIVERS EDGE SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
CLAY STEARNS PO BOX 549 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
D'ANNA WILLINGHAM PO BOX 1931 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DAKOTA HAZEN 231 CEDAR CREST ROAD NOGAL,NM88341	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DAN LUCERO PO BOX 1433 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DANA VICKREY 1706 MONTE VISTA CT ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DANIEL FRAGOSO 262 SUN VALLEY ROAD ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DANIEL ZAMORA PO BOX 644 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DEVYNEE PALMER PO BOX 594 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
DIANA COOK PO BOX 301 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ESTON FULSOM PO BOX 108 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
FABIAN PORTILLO PO BOX 685 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
FALLON VELASQUEZ PO BOX 235 HONDO,NM88336	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
GAVIN GUERRA 130 ALAMOTERO ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
GRACE MYERS 644 LABORCITA CANYON RD LA LUZ,NM88337	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
GRACIE HOOTEN PO BOX 712 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HAILEE BLAKE PO BOX 262 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HAILEY BIGMOUTH PO BOX 523 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HALEIGH HAVEN PO BOX 2076 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HALEY DEMPSEY PO BOX 492 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
HOPE EVANS PO BOX 304 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ISABELLA BERNINO 24014 US HIGHWAY 70 BENT,NM88314	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
IVY LAPAZ PO BOX 179 MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JACALI BAEZA PO BOX 7911 RUIDOSO,NM88355	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JACQUELINE FLORES PO BOX 704 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JAMES GONZALES PO BOX 342 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JESSE HIBBARD 163 RUSSELL GAP ROAD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JOHN HEMPHILL PO BOX 1006 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JORDAN PATTERSON PO BOX 1917 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
JOYCE ANNE COOPER 642 BLACKWATER DRAW 2 TINNIE,NM88351	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
KAGEN WATSON 3217 HIGHWAY 82 MAYHILL,NM88339	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
KAITLYN HARWELL 1610 FAIRGROUNDS RD ARTESIA,NM88210	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
KARLA NORIEGA 313 CHISOLM TRAIL ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
KYLIE PRUETT PO BOX 955 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
LACI TODDY PO BOX 823 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
LAURIE TORRES 5980 HWY 54 S UNIT 3773 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
LYNELL MAGOOSH 5 GOAT SUMMIT DRIVE MESCALERO,NM88340	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MAGDELYN RICH PO BOX 575 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MARIN NAJAR PO BOX 1392 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MARSHALL HAMILTON PO BOX 916 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MARY HOWARD PO BOX 1931 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MCKENZIE NUNEZ PO BOX 1334 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MEGHAN TRAYLOR 3201 PINELODGE ROAD CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MELISSA GUILLEN HC 66 BOX 69 HONDO,NM88335	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MICHAYLA HADEN 10 ESTANCIA TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
MORGAN FOLEY 21 SOUTHGATE ALAMOGORDO,NM88310	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
NICK MORALES 242 SUN VALLEY ROAD ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
NICKOLAS ARCHULETA PO BOX 174 CARRIZOZO,NM88301	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
OLIVIA BERDING 69 MOUNTAIN TOP RANCH ROAD PINON,NM88344	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
PORFIRIO ROMERO 336 EL VALLE LOOP SAN PATRICIO,NM88348	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ROSE LOPEZ 68 A SIOUX TRAIL TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
RYDER KING 210 NOGAL CANYON RD BENT,NM88314	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SABINA JUDAH 32 BALSAM CANYON DRIVE CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SAGE DRAKE 5980 HWY 54 S UNIT 3503 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SAMANTHA MADIGAN 7 HOUSTON DRIVE CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SAVANNAH HAIR PO BOX 1861 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHACIE MARR PO BOX 182 TULAROSA,NM88352	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHELBY SOUTHARD 126 LITTLE CREEK HILLS ROAD ALTO,NM88312	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SHEYENNE DRAKE 5980 HWY 54 S UNIT 3503 ALAMOGORDO,NM88311	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SIDNEY MORALES 204 HEATH DRIVE RUIDOSO,NM88345	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
SIERRA SHOEMAKER PO BOX 245 CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ZACH WILSON PO BOX 704 CAPITAN,NM88316	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
ZANE SEIDEL 6 GOLD NUGGET ALLEY CLOUDCROFT,NM88317	SEE PAGE 7; PART IX-A	I	SCHOLARSHIP	1,000
Total ................................. 3b				72,000

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	198,685
2	Check .............
3	Interest on savings and temporary cash investments	194,670		194,670
4	Dividends and interest from securities...
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-2,594
b	Gross sales price for all assets on line 6a 243,330
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	390,761		194,670
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		3,600	1,440	2,160
c	Other professional fees (attach schedule)....		9,185	9,185	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,381	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		488	195	293
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	14,654		10,820	2,453
25	Contributions, gifts, grants paid.......	138,000			140,000
26	Total expenses and disbursements. Add lines 24 and 25	152,654		10,820	142,453
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	238,107
b	Net investment income (if negative, enter -0-)			183,850
c	Adjusted net income (if negative, enter -0-)...

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADE SECURITIES	P
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	243,330	245,924	-2,594
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-2,594
b
c
d
e

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND TO THEIR IMMEDIATE FAMILIES	142,453
2


3


4

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	194,670
4 Dividends and interest from securities....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	-2,594
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		192,076	0

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1c	14,780	OTERO COUNTY ELECTRIC COOPERATIVE INC	COOPERATIVE STAFF MAINTAINS THE RECORDS OF THE FOUNDATION AT NO COST TO THE FOUNDATION.

(a) Name of organization	(b) Type of organization	(c) Description of relationship
OTERO COUNTY ELECTRIC	501(C)(12)	TRUSTEES OF THE FOUNDATION ARE ALSO TRUSTEES OF THE COOPERATIVE, INC.

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

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