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Filing year 2024

LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION

Blossom, Texas·EIN 75-0384046·501(c)(12)
Total revenue
$37.2M
Total assets
$78.4M
Total expenses
$37.2M
Reported officers
15
Mission

THE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE, RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
75th to 90th percentile
$260k
$276k
Base
$200k
Bonus
Other
Benefits
$29k
Operations Manager
Above 90th percentile
$231k
$245k
Base
$151k
Bonus
Other
Benefits
$28k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$205k
$217k
Base
$114k
Bonus
Other
Benefits
$28k
Working Foreman
Highest Compensated Employee
Median to 75th percentile
$186k
$197k
Base
$115k
Bonus
Other
Benefits
$28k
Right-of-way Superintendent
Highest Compensated Employee
Median to 75th percentile
$170k
$181k
Base
$117k
Bonus
Other
Benefits
$28k
Engineering and Transmission Technician
Highest Compensated Employee
25th percentile to median
$141k
$150k
President
Below 10th percentile
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$10k
Vice President
25th percentile to median
$10k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$9k
Secretary/treasurer
10th to 25th percentile
$8k
$8k
Director
Board Member
25th percentile to median
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 7%
from 2023

From $244k in 2023 to $260k in 2024.

$244k
2023
$260k
2024
In today's dollarsEst.
Up 4% in real terms$266k to $276k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 2%.

$244k in 2023 to $260k in 2024.
  • Operations Manager pay rose 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$36.4M
$36.4M
2023
$37.2M
$37.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION

What does the Chief Executive Officer of LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION earn?

In 2024, the Chief Executive Officer of LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION received $260,033 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION falls between the 75th and 90th percentiles.

What are LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION's revenue and expenses?

In 2024, LAMAR COUNTY ELECTRIC COOPERATIVE ASSOCIATION reported $37.2M in total revenue and $37.2M in total expenses on its IRS Form 990.

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