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Filing year 2024

LEE COUNTY ELECTRIC COOPERATIVE INC

North Fort Myers, Florida·EIN 59-0329555·12
Total revenue
$616.1M
Total assets
$1.3B
Total expenses
$547.2M
Reported officers
24
Mission

LCEC PROVIDES EFFICIENT, RELIABLE, COST-COMPETITIVE ELECTRIC AND EMERGING ENERGY SOLUTIONS AND EXCELLENT SERVICE TO OUR CUSTOMERS.

Executive compensation, broken down

Form 990 · Schedule J · 24 reported individuals · Filing year 2024

Evp/ceo
officer (unspecified)
$813k
$863k
Base
$556k
Bonus
$165k
Other
$2k
Benefits
$21k
Dir of Finan
officer (unspecified)
$449k
$476k
Base
$322k
Bonus
$51k
Other
$7k
Benefits
$17k
Director, IT
chief information officer
$377k
$400k
Base
$254k
Bonus
$40k
Other
$2k
Benefits
$26k
Director, El
key employee
$357k
$378k
Base
$251k
Bonus
$38k
Other
$7k
Benefits
$11k
Director of
key employee
$316k
$336k
Base
$222k
Bonus
$34k
Other
$5k
Benefits
$11k
Director of
key employee
$311k
$330k
Base
$216k
Bonus
$36k
Other
$2k
Benefits
$21k
Dir. Memb. S
key employee
$309k
$328k
Base
$218k
Bonus
$35k
Other
$556
Benefits
$11k
Lineman
highest compensated employee
$303k
$321k
Base
$252k
Bonus
$5k
Other
$89
Benefits
$26k
Dir. of Bus.
key employee
$291k
$309k
Base
$205k
Bonus
$25k
Other
$1k
Benefits
$21k
Lineman
highest compensated employee
$287k
$304k
Base
$247k
Bonus
Other
$261
Benefits
$19k
Dir, Admin S
key employee
$280k
$297k
Base
$191k
Bonus
$31k
Other
$255
Benefits
$24k
Lineman
highest compensated employee
$272k
$289k
Base
$217k
Bonus
$5k
Other
$156
Benefits
$27k
Lineman
highest compensated employee
$265k
$281k
Base
$225k
Bonus
$2k
Other
$248
Benefits
$17k
Mgr-proc./su
highest compensated employee
$263k
$279k
Base
$187k
Bonus
$21k
Other
$8k
Benefits
$17k
Trustee
board member
$27k
$28k
Trustee/pres
board member
$26k
$27k
Trustee
board member
$26k
$27k
Trustee
board member
$26k
$27k
Trustee
board member
$26k
$27k
Trustee
board member
$25k
$26k
Trustee
board member
$24k
$25k
Trustee
board member
$24k
$25k
Trustee
board member
$24k
$25k
Trustee
board member
$24k
$25k

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 8%
from 2023

From $753k in 2023 to $813k in 2024.

$753k
2023
$813k
2024
In today's dollarsEst.
Up 5% in real terms$822k to $863k

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

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

RevenueExpenses
$608.1M
$504.8M
2023
$616.1M
$547.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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