Lea County Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

PO Box 1447
Lovington, New Mexico 88260

Lea County Electric Cooperative Inc. (EIN: 85-0096243) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lea County Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 82 total employees. Among the employees shown here, the average compensation is $307,279. The highest compensated employee at Lea County Electric Cooperative Inc. is Robert Ferris with fiscal year 2024 compensation of $575,459.

Revenue, expenses, and employee compensation

Revenue

$111,576,586

Expenses

$113,017,831

Employee compensation

$7,432,964
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

LEA COUNTY ELECTRIC IS A COMMUNITY FOCUSED COOPERATIVE THAT STRIVES TO BE INNOVATIVE AND ENVIRONMENTALLY FRIENDLY.

Revisions to this organization profile

November 12, 2025:
2024 Lea County Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Lea County Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Lea County Electric Cooperative Inc. 990 filed

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