NonprofitsLamb County Electric Cooperative Inc

Lamb County Electric Cooperative Inc

LITTLEFIELD, TX

Total revenue

$31.1M

Total expenses

$31.1M

Net assets

$57.8M

Grants received

EIN

750384297

Tax year

2024

Mission

To provide electric energy to rural areas at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$30.8M
Investment income$226K
Other revenue$7K
Total revenue$31.1M

Expenses

Grants paid$21K
Salaries & benefits$4.4M
Fundraising
Other expenses$23.6M
Total expenses$31.1M
Total assets$90.6M
Net assets$57.8M

People

14 listed

NameRoleCompensation

RICHARD MOORE

GENERAL MANAGER/CEO

Board

$155K

67 hrs/wk

TRACY BOWMAN

OFFICE MANAGER

Board

$144K

40 hrs/wk

DOUG CRISWELL

VICE-PRESIDENT

Board

$32K

19.7 hrs/wk

COLE GARNER

DIRECTOR

Board

$31K

5.6 hrs/wk

PAUL PINKERT

DIRECTOR

Board

$31K

7 hrs/wk

MARVIN MATTHEWS

PRESIDENT

Board

$30K

7.4 hrs/wk

MICHAEL RAMAGE

DIRECTOR

Board

$29K

6.2 hrs/wk

KEVIN HUMPHREYS

SECRETARY/TREASURER

Board

$29K

4.5 hrs/wk

DANNY WEST

DIRECTOR

Board

$28K

6 hrs/wk

MICHAEL MCDANIEL

OPERATIONS MANAGER

Staff

$145K

40 hrs/wk

JAMES INGLE

ENGINEERING MANAGER

Staff

$137K

40 hrs/wk

KATHRYN SHIPP

ADMINISTRATIVE MANAGER

Staff

$135K

40 hrs/wk

OSCAR ZAPATA

MAINENANCE SUPERINTENDENT

Staff

$132K

40 hrs/wk

FLOYD TREVINO

ENGINEERING TECH SUPERINTENDENT

Staff

$126K

40 hrs/wk

Independent contractors

PRIMARY UTILITY SERVICES

STORM DAMAGE AND LINE WORK

$500K

CAPROCK WASTE

TRASH COLLECTION

$167K

Details

EIN750384297
Subsection12
Ruling date1938-12
Formed1938
Employees44
Volunteers0
LAMB COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo