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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Lea County Electric Cooperative Inc.

Lea County Electric Cooperative Inc.

Fiscal year ending 2022. Filed on November 16, 2023.

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 2022 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 85 total employees. Among the employees shown here, the average compensation is $291,299. The highest compensated employee at Lea County Electric Cooperative Inc. is Bobby Ferris with fiscal year 2022 compensation of $631,904.

Revenue, expenses, and employee compensation

Revenue

$119,152,075

Expenses

$119,152,075

Employee compensation

$6,583,876
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bobby Ferris
General Manager/Executive Vice President
$631,904
$453,508 No related comp$178,396
Michael Faris
Accounting Manager
$243,814
$169,821 No related comp$73,993
Bobby Kimbro
System Operating Manager
$239,806
$207,006 No related comp$32,800
Douglas Gruenewald
Foreman
$217,314
$134,882 No related comp$82,432
Charles Robinson
Engineer
$207,560
$148,929 No related comp$58,631
Delton Jones
Systems Operations
$207,397
$156,426 No related comp$50,971

Benchmark Employee Compensation

Non-Employee Board Members

Robert Caudle
Vice President
$27,485
$27,485 No related compNo other comp
Randall McCormick
Trustee
$24,490
$24,490 No related compNo other comp
Charles Kinsolving
Trustee
$24,321
$24,321 No related compNo other comp
John Graham
President
$22,521
$22,521 No related compNo other comp
Dan Hardin
Secretary and Treasurer
$22,224
$22,224 No related compNo other comp
Kenny Wallace
Trustee
$21,921
$21,921 No related compNo other comp
Charles Garner Jr
Trustee
$21,921
$21,921 No related compNo other comp
Jason Swann
Trustee
$20,934
$20,934 No related compNo other comp
Travis Glenn
Trustee
$19,949
$19,949 No related compNo other comp

Contractors

Arc Powerline Construction
Distribution Engineering
$939,987
Jts
Tower Communication Contractor
$344,784
Burns & McDonnell
Engineering Firm
$219,590
Full Send Linework LLC
Power Line Contractor
$159,925
Mclean Engineering CO Inc.
Engineering Firm
$115,572

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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