TY 2025 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.............	258,874	345,245	345,245
	2	Savings and temporary cash investments.........	474,554	497,188	497,188
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)	708,321	List of Attached Documents: // Content 765,085	765,085
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......	59,197	List of Attached Documents: // Content 60,385	60,385
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	91,124	List of Attached Documents: // Content 94,937	94,937
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 6,597	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,598,667	1,762,840	1,762,840
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	123,000	115,500
	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).........	123,000	115,500
		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........	2,203,458	2,483,588
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	-727,791	-836,248
	29	Total net assets or fund balances (see instructions).....	1,475,667	1,647,340
	30	Total liabilities and net assets/fund balances (see instructions).	1,598,667	1,762,840

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	-561
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)	1	885
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	885
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	885
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	1,200
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	1,200
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	315
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax315	Refunded	11	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

(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 2024	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7					74,057
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	72,163
b From 2021......	70,661
c From 2022......	76,551
d From 2023......	94,167
e From 2024......	128,970
f Total of lines 3a through e ........		442,512
4Qualifying distributions for 2025 from Part
XI, line 4: $ 226,202
a Applied to 2024, 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 2025 distributable amount.....					74,057
e Remaining amount distributed out of corpus		152,145
5 Excess distributions carryover applied to 2025.		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		594,657
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 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					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 2020 not applied on line 5 or line 7 (see instructions) ...		72,163
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		522,494
10 Analysis of line 9:
a Excess from 2021 ....	70,661
b Excess from 2022 ....	76,551
c Excess from 2023 ....	94,167
d Excess from 2024 ....	128,970
e Excess from 2025 ....	152,145

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

KELLY SANDERS
PO BOX 227
CLOUDCROFT,NM88317
(575) 682-7606

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 HTTPS://WWW.OCEC-INC.COM/SCHOLARSHIPS-AVAILABLE-OCEC-MEMBERS. 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, TWO SIGNED LETTERS OF RECOMMENDATION, AND AN ESSAY ON THE TOPIC OF THE FOUNDATIONS CHOOSING.

cAny submission deadlines:

MARCH 15

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 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
ALAN DARNOLD 2 TWILIGHT TRAIL LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ALBERT MONTOYA 4612 PAUL AVE ROSWELL,NM88201	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ALEJANDRA AMAYA 174 ROCKCLIFF ROAD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
ALEX SINGER PO BOX 1113 LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ALEXIS LUCERO 4 FOUR WHEEL DR LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
AMANDA HIBBARD 163 RUSSELL GAP RD PINON,NM88344	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ANGELINA ONTIVEROS 27811-3 US HWY 70 SAN PATRICIO,NM88348	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
ANGELO ROCHA PO BOX 840 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
ASHLEY BURCH PO BOX 626 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ASHTYN VAN ARNAM 670 RIATA RD TULAROSA,NM88352	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
AYLA YARBROUGH 206 HEATHER WAY CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
BAILEY WRYE PO BOX 1692 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
BAYLYN GRINDER 48 MOONDALE ROAD ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
BIANCA ARTIAGA 26 FANTASY LANE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
BRYANNA BRADSHAW PO BOX 822 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
CAITLIN DAUGHERTY 555 STATE HWY 37 NOGAL,NM88341	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
CAYENNE FOSTER 1160 GODSEY COURT KELLER,TX76262	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
CAYLIN KINNEY 103 DOC HOLIDAY COURT ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
CLATE HARWELL 1610 FAIRGROUND ROAD ARTESIA,NM88210	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
COOPER PRITCHETT PO BOX 2533 ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
DANIEL BLUEDORN 2 16 SPRINGS DRIVE CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
DANIEL CHACON 111 CALLE ROSARITA HONDO,NM88326	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
DIEGO GALLEGOS PO BOX 113 SAN PATRICIO,NM88348	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
DOMINIC ROMERO PO BOX 1411 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
ELECK STONE 219 STONE RD CAPITAN,NM88316	RECIPIENT HAS A FAMILY RELATIONSHIP WITH A TRUSTEE		SCHOLARSHIP	3,500
ELLIE BEUG PO BOX 26 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
EMILY BARNES 51 SHERWOOD FOREST MAYHILL,NM88339	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
EMILY SPANIEL 105 MIDIRON DR ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ETHAN GALLERITO 4 SUMMIT DRIVE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
FABIAN PRUDENCIO PO BOX 55 GLENCO,NM88324	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
GRAYSON GUERRA 4 FOUR WHEEL DRIVE LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
GUISELLE GUILLEN HC 66 BOX 69 HONDO,NM88336	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
HALEIGH SHENDO 1875 OLD ROAD TRLR B MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
HARLEY WIDENER 103 EL PASO ROAD RUIDOSO,NM88345	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JACOB COOK PO BOX 301 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
JADE ARITAGA 26 FANTASY LANE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JAMES JARRATT PO BOX 419 ARTESIA,NM88211	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
JASMINE KENNEDY PO BOX 684 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
JASON KANSEAH 89 SAN CARLOS DRIVE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JAYA TRUJILLO 1173 LITTLE CREEK ROAD ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JEREMIAH HILL PO BOX 783 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JOSHUA JOBE 14 BUTTERNUT RD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
JULIE GONZALES PO BOX 342 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
KACEE WHIPPLE PO BOX 41 GLENCO,NM88324	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
KAITLYN GUEVARA PO BOX 945 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
KARIME FERNANDEZ PO BOX 106 HONDO,NM88336	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
KATE COOPER 642 BLACKWATER DRAW 2 TINNIE,NM88351	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
KAYLEE HICKMAN 5 E SPUR ROAD CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
KAYLIE BALLARD PO BOX 825 RUIDOSO DOWNS,NM88346	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
KIERSTEN LUCERO 2483 DESERT HILLS DRIVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
KORBYN BEAUREGARD 1705 HARRISON COURT ARTESIA,NM88210	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
KYLER NETZER 2505 CARNELL AVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
LAYLA GASTON 6 QUAIL RD TULAROSA,NM88352	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
LAZO MCCARROLL 111 RAWHIDE RD RUIDOSO DOWNS,NM88346	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
MAKAYLA ROCHA 69 PENN SCOTT DRIVE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
MAYCEE GRIFFIN PO BOX 306 TULAROSA,NM88352	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
MELISSA BARELA PO BOX 611 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
MERCEDES HAZEN 231 CEDAR CREST ROAD NOGAL,NM88341	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
MIA SIMPSON 204 QUAIL RUN LANE ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
MONTANA MCMINN PO BOX 1948 RUIDOSO,NM88355	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
NATHAN MCMILLAN PO BOX 842 HIGH ROLLS,NM88325	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
ORLANDO RUIZ 206 WYATT EARP COURT ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
PAULINA PAULIK 2323 US HWY 82 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
PRESLEY BLACKBURN 116 L CINCUENTA ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
RAMIE KINNEY 103 DOC HOLIDAY CT ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
RANDALL CAMPBELL PO BOX 31 PINON,NM88344	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
RICARDO GASTON 3397 ESCONDIDO DRIVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
SAMUEL MYERS 644 LABORCITA CYN RD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
SANJNA BHAKTA PO BOX 1404 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
SELEA ROCHA PO BOX 588 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
SETH MORALES 242 SUN VALLEY RD ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
SONIA BRAVO 110 HOLDEN RD ALTO,NM88312	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
SOPHIA NEWTON 250 LA LUZ CANYON ROAD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
SYANNE TELLES 75 TULIE GATE ROAD TULAROSA,NM88352	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	2,000
TAYLOR CURTIS PO BOX 65 MAYHILL,NM88339	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
TIANNA LYONS PO BOX 297 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
TYLER HILES PO BOX 182 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	4,000
VALERIA CHACON PO BOX 121 SAN PATRICIO,NM88348	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
WARRICK NOWELL PO BOX 1574 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
WINNEY POLLARD PO BOX 319 MAYHILL,NM88339	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	3,500
WYATT RENFRO PO BOX 1904 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
XAVIER RUIZ PO BOX 84 BENT,NM88314	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
Z'MAURY ZAMORA PO BOX 644 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A		SCHOLARSHIP	1,500
Total ................................. 3a				223,000

bApproved for future payment
ALAN DARNOLD 2 TWILIGHT TRAIL LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ALBERT MONTOYA 4612 PAUL AVE ROSWELL,NM88201	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ALEJANDRA AMAYA 174 ROCKCLIFF ROAD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
ALEX SINGER PO BOX 1113 LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ALEXIS LUCERO 4 FOUR WHEEL DR LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
AMANDA HIBBARD 163 RUSSELL GAP RD PINON,NM88344	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ASHLEY BURCH PO BOX 626 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ASHTYN VAN ARNAM 670 RIATA RD TULAROSA,NM88352	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
AYLA YARBROUGH 206 HEATHER WAY CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
BAILEY WRYE PO BOX 1692 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
BAYLYN GRINDER 48 MOONDALE ROAD ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
BIANCA ARTIAGA 26 FANTASY LANE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
BRYANNA BRADSHAW PO BOX 822 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
CAYENNE FOSTER 1160 GODSEY COURT KELLER,TX76262	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
CAYLIN KINNEY 103 DOC HOLIDAY COURT ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
COOPER PRITCHETT PO BOX 2533 ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
DANIEL BLUEDORN 216 SPRINGS DRIVE CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
DANIEL CHACON 111 CALLE ROSARITA HONDO,NM88326	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
DOMINIC ROMERO PO BOX 1411 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ELECK STONE 219 STONE RD CAPITAN,NM88316	RECIPIENT HAS A FAMILY RELATIONSHIP WITH A TRUSTEE	SCHOLARSHIP	2,000
ELLIE BEUG PO BOX 26 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
EMILY SPANIEL 105 MIDIRON DR ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
GUISELLE GUILLEN HC 66 BOX 69 HONDO,NM88336	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
HALEIGH SHENDO 1875 OLD ROAD TRLR B MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
HARLEY WIDENER 103 EL PASO ROAD RUIDOSO,NM88345	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
JADE ARITAGA 26 FANTASY LANE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
JASMINE KENNEDY PO BOX 684 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
JASON KANSEAH 89 SAN CARLOS DRIVE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
JAYA TRUJILLO 1173 LITTLE CREEK ROAD ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
JEREMIAH HILL PO BOX 783 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
JULIE GONZALES PO BOX 342 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
KACEE WHIPPLE PO BOX 41 GLENCO,NM88324	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
KAITLIN GUEVARA PO BOX 945 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
KARIME FERNANDEZ PO BOX 106 HONDO,NM88336	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
KAYLEE BALLARD PO BOX 825 RUIDOSO DOWNS,NM88346	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
KIERSTEN LUCERO 2483 DESERT HILLS DRIVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
KORBYN BEAUREGARD 1705 HARRISON COURT ARTESIA,NM88210	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
KYLER NETZER 2505 CARNELL AVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
LAYLA GASTON 6 QUAIL RD TULAROSA,NM88352	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
LAZO MCCARROLL 111 RAWHIDE RD RUIDOSO DOWNS,NM88346	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
MAKAYLA ROCHA 69 PENN SCOTT DRIVE MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
MAYCEE GRIFFIN PO BOX 306 TULAROSA,NM88352	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
MELISSA BARELA PO BOX 611 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
MIA SIMPSON 204 QUAIL RUN LANE ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
MONTANA MCMINN PO BOX 1948 RUIDOSO,NM88355	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
NATHAN MCMILLAN PO BOX 842 HIGH ROLLS,NM88325	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
ORLANDO RUIZ 206 WYATT EARP COURT ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
RAMIE KINNEY 103 DOC HOLIDAY CT ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
RANDALL CAMPBELL PO BOX 31 PINON,NM88344	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
RICARDO GASTON 3397 ESCONDIDO DRIVE ALAMOGORDO,NM88310	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
SAMUEL MYERS 644 LABORCITA CYN RD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
SELEA ROCHA PO BOX 588 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
SETH MORALES 242 SUN VALLEY RD ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
SONIA BRAVO 110 HOLDEN RD ALTO,NM88312	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
SOPHIA NEWTON 250 LA LUZ CANYON ROAD LA LUZ,NM88337	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
TAYLOR CURTIS PO BOX 65 MAYHILL,NM88339	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
TIANNA LYONS PO BOX 297 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
TYLER HILES PO BOX 182 MESCALERO,NM88340	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
VALERIA CHACON PO BOX 121 SAN PATRICIO,NM88348	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
WARRICK NOWELL PO BOX 1574 CAPITAN,NM88316	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
WINNEY POLLARD PO BOX 319 MAYHILL,NM88339	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	2,000
WYATT RENFRO PO BOX 1904 CLOUDCROFT,NM88317	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
XAVIER RUIZ PO BOX 84 BENT,NM88314	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
Z'MAURY ZAMORA PO BOX 644 CARRIZOZO,NM88301	SEE PAGE 7, PART VIII-A	SCHOLARSHIP	1,500
Total ................................. 3b			115,500

	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)	314,709
2	Check .................
3	Interest on savings and temporary cash investments	65,674		65,674
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		-561
b	Gross sales price for all assets on line 6a
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).......	List of Attached Documents: // Content	777	0
12	Total. Add lines 1 through 11........	380,599		65,674
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).......	List of Attached Documents: // Content	4,250	1,700	2,550
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	911	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	955	303	652
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	6,116		2,003	3,202
25	Contributions, gifts, grants paid.......	215,500			223,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	221,616		2,003	226,202
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	158,983
b	Net investment income (if negative, enter -0-)			63,671
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	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
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	561	-561
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			-561
b
c
d
e

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


(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

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	226,202
2


3


4

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, 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, 3b, or 3c 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 IX, 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	65,674
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	-561
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aRECOVERIES OF QUALIFYING DISTRIBUTIONS					777
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		65,113	777

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
11A	THE EDUCATION FUND RECIEVED RECOVERIES OF AMOUNTS TREATED AS QUALIFYING DISTRIBUTIONS IN 2024 THAT ARE RELATED TO THE EXEMPT PURPOSE OF PROVIDING SCHOLARSHIPS

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1c	11,458	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	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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