NonprofitsLee County Electric Cooperative Inc

Lee County Electric Cooperative Inc

N FT MYERS, FL

Total revenue

$616.1M

Total expenses

$547.2M

Net assets

$568.6M

Grants received

EIN

590329555

Tax year

2024

Mission

Lee county electric cooperative, inc. (lcec) provides electric transmission and distribution services to residential and business customers within the cooperative's service territory.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$607.5M
Investment income$622K
Other revenue$8.0M
Total revenue$616.1M

Expenses

Grants paid$68K
Salaries & benefits$3.8M
Fundraising
Other expenses$531.0M
Total expenses$547.2M
Total assets$1.3B
Net assets$568.6M

People

24 listed

NameRoleCompensation

DENISE M VIDAL

EVP/CEO

Board

$723K

58 hrs/wk

SARAH BULLOCK

DIR OF FINAN

Board

$380K

50 hrs/wk

CHAUNCEY P GOSS

TRUSTEE

Board

$27K

4 hrs/wk

MICHAEL POWELL

TRUSTEE/PRES

Board

$26K

13 hrs/wk

DAVID BEAM

TRUSTEE

Board

$26K

4 hrs/wk

RICK JOYCE

TRUSTEE

Board

$26K

10 hrs/wk

RICHARD TURBEVILLE

TRUSTEE

Board

$26K

6 hrs/wk

RUSSELL PRIDDY

TRUSTEE

Board

$25K

6 hrs/wk

TARIK AYASUN

TRUSTEE

Board

$24K

1 hrs/wk

ELEANOR M FLANNERY

TRUSTEE

Board

$24K

5 hrs/wk

RHICHARD PRITCHETT III

TRUSTEE

Board

$24K

5 hrs/wk

CRAIG WOODWARD

TRUSTEE

Board

$24K

6 hrs/wk

RODNEY C HAWKINS

DIRECTOR, EL

Staff

$296K

55 hrs/wk

EDWARD NAGY

DIRECTOR, IT

Staff

$295K

40 hrs/wk

KAREN RYAN

DIRECTOR OF

Staff

$261K

50 hrs/wk

DEREK HOLLAND

LINEMAN

Staff

$257K

79 hrs/wk

GARY AVIN

DIR. MEMB. S

Staff

$253K

50 hrs/wk

SANDRA THOMPSON

DIRECTOR OF

Staff

$253K

48 hrs/wk

TROY HAMILTON

LINEMAN

Staff

$248K

73 hrs/wk

WALTER RUTH

DIR. OF BUS.

Staff

$231K

55 hrs/wk

SHANE LEACH

LINEMAN

Staff

$227K

72 hrs/wk

AMANDA SMELKER

DIR, ADMIN S

Staff

$222K

45 hrs/wk

RICHARD B LEWIS

LINEMAN

Staff

$222K

70 hrs/wk

MYRON MARTIN

MGR-PROC./SU

Staff

$215K

45 hrs/wk

Independent contractors

GRESCO UILITY SUPPLY

ELECTRIC DISTR.

$27.4M

WESCO DISTRIBUTION INC

ELECTRIC DISTR.

$25.4M

STUART C IRBY CO

ELECTRIC DISTR.

$21.9M

MASTEC NORTH AMERICA INC

MAINT. & CONSTR

$17.3M

PIKE ELECTRIC LLC

MAINT. & CONSTR

$14.3M

Details

EIN590329555
Subsection12
Ruling date1945-05
Formed1940
Employees523
LEE COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo