NonprofitsLamar County Electric Cooperative Association

Lamar County Electric Cooperative Association

BLOSSOM, TX

Total revenue

$37.2M

Total expenses

$37.2M

Net assets

$30.7M

Grants received

EIN

750384046

Tax year

2024

Mission

Lamar electric cooperative provides quality and reliable electric service to members of the cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$35.8M
Investment income$865K
Other revenue$462K
Total revenue$37.2M

Expenses

Grants paid$6K
Salaries & benefits$3.8M
Fundraising
Other expenses$31.3M
Total expenses$37.2M
Total assets$78.4M
Net assets$30.7M

People

15 listed

NameRoleCompensation

BRYAN STORY

CHIEF EXECUTIVE OFFICER

Board

$200K

40 hrs/wk

GEORGE M WOOD

PRESIDENT

Board

$10K

1.55 hrs/wk

JEREMY HAMIL

DIRECTOR

Board

$9K

1.18 hrs/wk

LYLE D YODER

VICE PRESIDENT

Board

$9K

1.18 hrs/wk

RON E TIPPIT

DIRECTOR

Board

$8K

1.45 hrs/wk

JAMES FLOYD

DIRECTOR

Board

$8K

1.45 hrs/wk

BARBARA GOLDEN

DIRECTOR

Board

$8K

1.32 hrs/wk

MATTHEW ALBUS

DIRECTOR

Board

$8K

1.1 hrs/wk

MICHAEL WILLIAMS

SECRETARY/TREASURER

Board

$7K

1.3 hrs/wk

JOSH HOSTETLER

DIRECTOR

Board

$7K

1.04 hrs/wk

JEFFREY S SANSOM

OPERATIONS MANAGER

Staff

$151K

40 hrs/wk

RYAN DEAN

ENGINEERING AND TRANSMISSION TECHNICIAN

Staff

$123K

40 hrs/wk

DREW CONDER

RIGHT-OF-WAY SUPERINTENDENT

Staff

$117K

40 hrs/wk

RONNIE BRIDGES

WORKING FOREMAN

Staff

$115K

40 hrs/wk

WILL ARMSTRONG

WORKING FOREMAN

Staff

$114K

40 hrs/wk

Independent contractors

BREXAN LLC

UTILITY CONSTRUCTION

$1.6M

WITHERS CONSTRUCTION

RIGHT OF WAY CONTRACTOR

$1.2M

J & J PROFESSIONAL TREE SERVICES

RIGHT-OF-WAY MAINTENANCE

$384K

ELECTRIC POWER ENGINEERS

ENGINEERING FIRM

$360K

PLATINUM LAND AND DIRT SERVICES

ROW CONTRACTOR

$329K

Details

EIN750384046
Subsection12
Ruling date1939-10
Formed1938
Employees45
Volunteers0
LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION — Mission, Financials & Grants Received | Grantivo