DEMOGRAPHIC
ADDRESS
PO BOX 267
78570
COUNTY
hidalgo county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGIC VALLEY ELECTRIC COOPERATIVE INC is a based in MERCEDES, TX . Established in July 1939, it operates as an independent co operative and contributions are not tax-deductible .
With total assets of $584,754,679.00, this ranks 2,278 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 150 out of 202,022 organizations in TX (Top 1%).
In hidalgo county, TX, the organization ranks 2 out of 2,341 nonprofits by assets (Top 1%), while locally in mercedes, it stands at 1 among 72 organizations (Top 1%).
The organization reported annual revenue of $320,139,415.00, ranking 1,674 nationally (Top 1%) and 92 in TX (Top 1%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, MAGIC VALLEY ELECTRIC COOPERATIVE INC ranks 595 in assets (Top 1%) and 293 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
3: Co operative
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
Organization Like Those on Three Preceding Lines
ACTIVITY CODES
Other services or benefits to members or employees
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$320,140,719.00
FORM 990 REVENUE AMOUNT
$320,139,415.00
RULING DATE
07/1939
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$584,754,679.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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