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        <CashDeemedCharitable>33287</CashDeemedCharitable>
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      <DistributableAmount>
        <MinimumInvestmentReturn>109292</MinimumInvestmentReturn>
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        <TotalTax>24</TotalTax>
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        <DistributableAmountBeforeDed>109268</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>109268</DistributableAmountAsAdjusted>
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        <QualifyingDistributions>151980</QualifyingDistributions>
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        <ExcessFromYear2>61733</ExcessFromYear2>
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      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
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      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
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        </IntOnSavingsAndTempCashInvst>
        <OtherRevenueDescribed>
          <Description>MISC INCOME</Description>
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        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
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        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
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        <TransferSchedule>
          <LineNumber>1c</LineNumber>
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        <RelationshipsNoncharitableEOs>true</RelationshipsNoncharitableEOs>
        <RelationshipSchedule>
          <NameOfOrganization>
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          <TypeOfOrganization>501(C)6</TypeOfOrganization>
          <DescriptionOfRelationship>AS IN PRIOR YEARS, THE ENTITY SHARES FACILITIES AND 2 EMPLOYEES WHICH INCLUDES THE EXEC DIRECTOR. THERE IS ALSO COMMON BOARD MEMBERS FOR BOTH ORGANIZATIONS.</DescriptionOfRelationship>
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      <ContributorInfo>
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      <ContributorInfo>
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        <ContributorNameIndividual>OTERO COUNTY ELECTRIC COOP</ContributorNameIndividual>
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          <AddressLine1>202 BURRO AVE</AddressLine1>
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        <PersonContributionType>X</PersonContributionType>
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      <ContributorInfo>
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        <ContributorNameIndividual>GERALD CHAMPION REGIONAL MEDICAL CE</ContributorNameIndividual>
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      <Compensation>
        <PersonName>TOM FRENCH</PersonName>
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      <Compensation>
        <PersonName>LANCE TADE</PersonName>
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      <Compensation>
        <PersonName>MARION LEDFORD</PersonName>
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      <Compensation>
        <PersonName>PHIL STEVENS</PersonName>
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      <Compensation>
        <PersonName>BOBBY MARTINEZ</PersonName>
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      <Compensation>
        <PersonName>RICK MCCRACKEN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JUANITA WHITESIDE</PersonName>
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      <Compensation>
        <PersonName>RENE HATFIELD</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DOREEN PADILLA</PersonName>
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      <Compensation>
        <PersonName>JOHN MARQUARDT</PersonName>
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      <Compensation>
        <PersonName>CARROLL WAGGONER</PersonName>
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      <Compensation>
        <PersonName>BILL KAUPER</PersonName>
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      <Compensation>
        <PersonName>DARREN DAVIS</PersonName>
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      <Compensation>
        <PersonName>MARY PARRA</PersonName>
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    </CompensationExplanation>
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        <DescriptionOfProperty>FULLY DEPRECIATED ASSETS</DescriptionOfProperty>
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        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>COPIER</DescriptionOfProperty>
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        <PriorYearsDepreciation>2852</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>LAPTOP COMPUTER</DescriptionOfProperty>
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        <CostOrOtherBasis>1140</CostOrOtherBasis>
        <PriorYearsDepreciation>1140</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>COMPUTERS</DescriptionOfProperty>
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        <CostOrOtherBasis>1851</CostOrOtherBasis>
        <PriorYearsDepreciation>1851</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>EQUIPMENT</DescriptionOfProperty>
        <DateAcquired>2003-01-01</DateAcquired>
        <CostOrOtherBasis>3201</CostOrOtherBasis>
        <PriorYearsDepreciation>3201</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>COPIER-RICOH</DescriptionOfProperty>
        <DateAcquired>2004-01-01</DateAcquired>
        <CostOrOtherBasis>4011</CostOrOtherBasis>
        <PriorYearsDepreciation>4011</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>DELL COMPUTER</DescriptionOfProperty>
        <DateAcquired>2005-04-05</DateAcquired>
        <CostOrOtherBasis>1616</CostOrOtherBasis>
        <PriorYearsDepreciation>1616</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>PROJECTOR</DescriptionOfProperty>
        <DateAcquired>2006-04-26</DateAcquired>
        <CostOrOtherBasis>1364</CostOrOtherBasis>
        <PriorYearsDepreciation>1364</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>COMPUTER</DescriptionOfProperty>
        <DateAcquired>2008-08-12</DateAcquired>
        <CostOrOtherBasis>562</CostOrOtherBasis>
        <PriorYearsDepreciation>562</PriorYearsDepreciation>
        <ComputationMethod>S/L</ComputationMethod>
        <Life>5.0000</Life>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>PRESTO LAND</DescriptionOfProperty>
        <DateAcquired>2005-01-01</DateAcquired>
        <CostOrOtherBasis>993016</CostOrOtherBasis>
      </Depreciation>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="RetDoc6">
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        <AccumulatedDepreciation>30869</AccumulatedDepreciation>
      </LandEtc>
      <LandEtc>
        <CostOrOtherBasis>993016</CostOrOtherBasis>
        <BookValue>993016</BookValue>
        <EOYFMV>993016</EOYFMV>
      </LandEtc>
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        <BOYBookValue>849999</BOYBookValue>
        <EOYBookValue>849999</EOYBookValue>
        <EOYFMV>849999</EOYFMV>
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    </OtherAssetsSchedule>
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        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>1653</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1653</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>1536</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1536</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TELEPHONE</Description>
        <RevenueAndExpensesPerBooks>3205</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>3205</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MEMBERSHIPS</Description>
        <RevenueAndExpensesPerBooks>2440</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>2440</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MARKETING AND OTHER PROMOTION</Description>
        <RevenueAndExpensesPerBooks>17288</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>17288</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES AND FEES</Description>
        <RevenueAndExpensesPerBooks>3642</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>3642</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CONSULTING</Description>
        <RevenueAndExpensesPerBooks>39414</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>39414</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>AUTO</Description>
        <RevenueAndExpensesPerBooks>3490</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>3490</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc9">
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        <Description>MISC INCOME</Description>
        <RevenueAndExpensesPerBooks>1870</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>1870</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc10">
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        <Category>PROPERTY TAXES</Category>
        <Amount>2512</Amount>
        <DisbursementsCharitablePrps>2512</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>