2025-05-15T10:42:42-04:00 2024-12-31 990 2024-01-01 850083345 SPRINGER ELECTRIC COOPERATIVE INC % DAVID SPRADLIN SPRI 5754832421 PO BOX 698 SPRINGER NM 877470698 DAVID SPRADLIN CEO 2025-05-15 2024 2025-03-06 01:10:19Z DAVID SPRADLIN PO BOX 698 SPRINGER NM 877470698 20280824 false X www.springercoop.com X 1946 NM Sale and distribution of electric energy at the lowest possible price and in the most reliable manner 7 0 18 0 0 0 0 0 19946829 19774935 397301 357250 88375 148639 20432505 20280824 0 0 924700 1243015 2395252 2493100 0 0 0 17112553 16544709 20432505 20280824 0 0 46800753 53567208 23238152 28949104 23562601 24618104 Sale and distribution of electric energy at the lowest possible price and in the most reliable manner false false 20280824 0 20280824 Total members as of 12 31 2024 - 1,875 Total services in place as of 12 31 2024 - 3,715 0 0 0 0 0 0 0 0 0 20280824 false false false false false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false false 17 0 true 18 true false false false false false 18594660 1180275 false false false 7 0 false false false false true true true true true false false true true true true false false true true false NM X X Christy Romero 5754832421 PO Box 698 400 Maxwell Ave SPRINGER NM 877470698 Alfonso Maestas Director - Secretary Treasurer 5.00 0.00 X 12903 0 0 Don Schutz Director 5.00 0.00 X 12903 0 0 Gary Shaw Director - Vice President 8.00 0.00 X 13548 0 0 Cody Hazen Director 5.00 0.00 X 10752 0 0 Jeff Burton Director 5.00 0.00 X 11827 0 0 Russell Hoy Director 5.00 0.00 X 14894 0 0 Timothy Morrow Director - President 8.00 0.00 X 20967 0 0 David Spradlin CEO 43.00 0.00 X X 259298 0 170040 John Weisdorfer Operations Manager 40.00 0.00 X 134412 0 64657 Ronald Brashear Line Superintendent 41.00 0.00 X 116363 0 81826 Christy Romero Office Manager 40.00 0.00 X 105288 0 36083 713155 0 352606 4 false true false Expanse Electrical Company LLC PO Box 842751 Dallas TX 75284 CONSTRUCTION 716236 R&R LINE SERVICES INC 6022 QUAY ROAD U SAN JON NM 88434 CONSTRUCTION 119247 SGS Engineering 401 50th St Lubbock TX 79404 ENGINEERING 214897 3 0 0 0 0 0 0 0 0 ELECTRIC REVENUE 221000 18594660 0 0 18594660 OTHER 221000 299762 0 0 299762 G & T CAPITAL CREDITS 221000 880513 0 0 880513 0 0 0 0 0 0 0 0 0 0 0 0 19774935 109548 0 0 109548 0 0 0 0 0 0 0 0 53635 0 0 0 53635 0 53635 0 0 53635 247702 0 0 0 247702 0 247702 0 0 247702 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER CAPITAL CREDITS 221000 19443 0 0 19443 NON-OPERATING MARGINS 221000 75561 0 0 75561 0 0 0 0 0 0 0 0 95004 20280824 0 0 20280824 0 0 0 0 0 0 1243015 0 713155 0 0 0 0 0 0 0 939344 0 0 0 319003 0 0 0 407632 0 0 0 113966 0 0 0 0 0 0 0 5415 0 0 0 24250 0 0 0 0 0 0 0 0 0 0 0 0 0 12000 0 0 0 7528 0 0 0 42561 0 0 0 51887 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17907 0 0 0 742547 0 0 0 14376029 0 0 0 912788 0 0 0 122902 0 0 0 DIRECTOR EXPENSES 21984 0 0 0 ANNUAL MEETING EXPENSES 28825 0 0 0 0 0 0 0 0 0 0 0 178086 0 0 0 20280824 0 0 0 0 0 0 0 0 0 1714057 1104261 0 0 1608716 1840776 0 0 0 0 387772 263701 784730 335142 1123024 1252231 38754526 7462393 24866111 31292133 2654381 2929240 13661962 14549724 0 0 0 0 0 0 46800753 53567208 2804476 3542869 0 0 452059 715410 0 0 0 0 0 0 19883355 24594228 0 0 98262 96597 23238152 28949104 X 0 0 23562601 24618104 0 0 23562601 24618104 46800753 53567208 0 198801 0 0 0 856702 X false true X true false 269039 269039 1404450 428412 976038 2547326 1688733 858593 34533711 5345248 29188463 31292133 Associated organizations patronage capital 14538892 C Investments - other associated organizations 10832 C 14549724 Member deposits 96597 96597 18948057 0 18948057 1332767 1332767 20280824 18296594 0 18296594 1984230 1984230 20280824 Part XI, line 4b Non-operating margins $185,109; Income from investments $247,702; G & T capital credits $880,513; Other capital credits $19,443 Part XII, line 4b Margins to be allocated to members $1,044,214; Net unrealized gain on investments $198,801; Interest on long term debt $741,215 X X false false false David Spradlin CEO 259298 0 0 0 0 0 162040 0 8000 0 429338 0 0 0 John Weisdorfer Operations Manager 134412 0 0 0 0 0 39577 0 25081 0 199070 0 0 0 Ronald Brashear Line Superintendent 116363 0 0 0 0 0 64249 0 17577 0 198189 0 0 0 Part VI, Line 6 As of 12 31 2024 there were 1,875 members Part VI, Line 7a A nominating committee is selected annually for nominations of members to run for the board of trustee terms that expire during that year Part VI, Line 7b Any changes to the Coops bylaws must come before the membership at the annual meeting and be voted on Part VI, Line 11b Form 990 is reviewed by the CEO and board Part VI, Line 12c This is completed annually with a questionnaire from the auditor Part VI, Line 15 Salaries are compared to other coops in the state and nationwide and a periodic review is conducted by a 3rd party. Part VI, Line 19 Available upon request Part XI, Line 9 | Description:, Explanation:, Amount:| Capital credits to be allocated to members, Capital credits to be allocated to members, $1044214| Capital credits refunded to members in 2024, Capital credits refunded to members in 2024, $-257808| Amortization of past service funding of RS Plan, Amortization of past service funding of RS Plan, $70591| Change in memberships, Change in memberships, $-295| Tri State G&T PO Box 33695 Denver CO 80233 840464189 Electric G & T CO 501(C)(12) N/A false Springer Electric Coop Education Foundation PO Box 698 Springer NM 87747 850366101 Scholarships NM 501(C)(3) PF Springer Electric Cooperative Inc false false false false false false false false false false false false false false true true false false true false Springer Electric Coop Education Foundation R 64833 2021 unclaimed capital credit checks