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LIGHTHOUSE ELECTRIC COOPERATIVE INC

EIN: 75-0273171Floydada, TXZIP: 79235

501(c)(12)

Mission

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

Financials

Year	Revenue	Expenses	Assets
2024	$39.4M	$0	$113.6M
2023	$42.5M	$0	$112.1M

Compensation

2024

ALBERT DANIEL

General Manager/executive VP

$180,187

$1,128

$3,992

$251,850

DANNY NIXON

Line Superintendent

highest compensated employee

$120,423

$1,200

$9,213

$219,366

LARRY SMITH

Working Foreman

highest compensated employee

$120,056

$1,200

$3,167

$194,143

CHAD BUIE

Director of Engineering

highest compensated employee

$122,333

$588

$4,024

$174,118

TRACY SMITH

Warehouse Foreman

highest compensated employee

$79,784

$792

$38,095

$168,747

HECTOR RODRIGUEZ

Construction Foreman

highest compensated employee

$134,355

$300

$343

$160,173

MARK HEGI

chief executive officer

$0

$0

$0

$21,840

WD THORNBERRY

Secretary/treasurer

officer (unspecified)

$0

$0

$0

$21,840

BRIAN TEEPLE

$0

$0

$0

$21,840

RON GRAVES

$0

$0

$0

$21,770

WESLEY CAMPBELL

$0

$0

$0

$21,770

MATTHEW RAINWATER

$0

$0

$0

$21,770

RONALD MULLIN

$0

$0

$0

$21,770

CHASE YOUNG

Director (may-dec)

$0

$0

$0

$14,490

CLIFF TIPPETT

Director (may-dec)

$0

$0

$0

$14,490

PAUL SCHACT

Director (jan-april)

$0

$0

$0

$7,450

DEAN YARBROUGH

Director (jan-april)

$0

$0

$0

$7,203

2023

ALBERT DANIEL

Executive Vp/General Manager

officer (unspecified)

$168,143

$1,056

$3,751

$230,671

DANNY NIXON

Operations Manager

highest compensated employee

$114,110

$1,200

$8,574

$199,658

CHAD BUIE

Director of Engineering

highest compensated employee

$118,226

$540

$3,871

$164,941

FIDEL VALDES

highest compensated employee

$115,418

$540

$724

$150,879

GRANT CAGE

highest compensated employee

$113,590

$864

$932

$150,821

HECTOR RODRIGUEZ

Construction Foreman

highest compensated employee

$0

$0

$0

$147,552

PAUL SCHACHT

$0

$0

$0

$21,980

MARK HEGI

chief executive officer

$0

$0

$0

$21,980

WD THORNBERRY

Secretary/Treasurer

officer (unspecified)

$0

$0

$0

$21,980

WESLEY CAMPBELL

$0

$0

$0

$21,980

DEAN YARBROUGH

$0

$0

$0

$21,910

RON GRAVES

Vice President (Jan-Apr)

$0

$0

$0

$21,910

RONALD MULLIN

$0

$0

$0

$21,840

MATTHEW RAINWATER

Director (May-Dec)

$0

$0

$0

$14,490

BRIAN TEEPLE

Director (May-Dec)

$0

$0

$0

$14,490

MARK APPLING

President (Jan-Apr)

chief executive officer

$0

$0

$0

$8,190

JOHN DUNLAP

Vice President (Jan-Apr)

$0

$0

$0

$7,350

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Learn more

Data from IRS Form 990 filings (2023-2024).