Lighthouse Electric Cooperative Inc

Unknown organization based in Floydada, TX. 50 employees. Exempt under §501(c)(12).

MissionEMPOWERING OUR MEMBERS BY PROVIDING THE SAFEST, MOST RELIABLE, AND AFFORDABLE ENERGY SOLUTIONS THAT SAFE PRACTICES AND INFORMED PLANNING ALLOWS.

EIN
75-0273171
State
TX
Sector
Unknown
Budget band
$25M–$50M
Latest filing
TY 2024
Records
6 officers · 6 years

Financial snapshot · TY 2024

$39.4M
Total revenue
$39.4M
Total expenses
$113.6M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
18.8 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
2
Mix of program fees, grants & contributions

Leadership compensation

Albert Daniel
GENERAL MANAGER/EXECUTIVE VP
$251,850
Danny Nixon
LINE SUPERINTENDENT
$219,366
Larry Smith
WORKING FOREMAN
$194,143
Chad Buie
DIRECTOR OF ENGINEERING
$174,118
Tracy Smith
WAREHOUSE FOREMAN
$168,747

Is this your organization?

Claim this page for a private dashboard with financial health, peer benchmarks, and comp history.

Claim this page