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Filing year 2024

LAMB COUNTY ELECTRIC COOPERATIVE INC

Littlefield, Texas·EIN 75-0384297·12
Total revenue
$31.1M
Total assets
$90.6M
Total expenses
$31.1M
Reported officers
14

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2024

General Manager/ceo
officer (unspecified)
$187k
$199k
Base
$152k
Bonus
$1k
Other
$1k
Benefits
$20k
Operations Manager
highest compensated employee
$169k
$180k
Base
$132k
Bonus
$1k
Other
$13k
Benefits
$14k
Office Manager
officer (unspecified)
$167k
$178k
Base
$136k
Bonus
$1k
Other
$7k
Benefits
$13k
Administrative Manager
highest compensated employee
$165k
$175k
Base
$131k
Bonus
$1k
Other
$3k
Benefits
$20k
Engineering Manager
highest compensated employee
$160k
$169k
Base
$128k
Bonus
$1k
Other
$7k
Benefits
$13k
Engineering Tech Superintendent
highest compensated employee
$156k
$165k
Base
$109k
Bonus
$1k
Other
$16k
Benefits
$20k
Mainenance Superintendent
highest compensated employee
$154k
$164k
Base
$119k
Bonus
$1k
Other
$12k
Benefits
$14k
$32k
$34k
Director
board member
$31k
$33k
Director
board member
$31k
$32k
$30k
$32k
Director
board member
$29k
$30k
Secretary/treasurer
officer (unspecified)
$29k
$30k
Director
board member
$28k
$30k

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 5%
from 2023

From $179k in 2023 to $187k in 2024.

$179k
2023
$187k
2024
In today's dollarsEst.
Up 2% in real terms$196k to $199k

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.

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

Revenue and expenses over time

LAMB COUNTY ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$38.2M
$38.5M
2023
$31.1M
$31.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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