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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 Lighthouse Electric Cooperative Inc.

Lighthouse Electric Cooperative Inc.

Fiscal year ending 2022. Filed on November 14, 2023.

PO Box 600
Floydada, Texas 79235

Lighthouse Electric Cooperative Inc. (EIN: 75-0273171) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Lighthouse Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 48 total employees. Among the employees shown here, the average compensation is $181,903. The highest compensated employee at Lighthouse Electric Cooperative Inc. is Albert Daniel with fiscal year 2022 compensation of $267,116.

Revenue, expenses, and employee compensation

Revenue

$36,666,400

Expenses

$36,666,400

Employee compensation

$3,911,105
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Albert Daniel
Executive Vp/General Manager
$267,116
$164,547 No related comp$102,569
Danny Nixon
Operations Manager
$191,446
$113,379 No related comp$78,067
Richard Cloyd
Serviceman
$176,097
$105,132 No related comp$70,965
Chad Buie
Engineering Director
$165,966
$121,992 No related comp$43,974
Grant Cage
Serviceman
$154,634
$105,614 No related comp$49,020
Hector Rodriguez
Foreman
$136,157
$107,590 No related comp$28,567

Benchmark Employee Compensation

Non-Employee Board Members

Mark Appling
President
$21,730
$21,730 No related compNo other comp
Ron Graves
Director
$21,660
$21,660 No related compNo other comp
Mark Hegi
Director
$21,450
$21,450 No related compNo other comp
John Dunlap
Vice President
$21,380
$21,380 No related compNo other comp
Dean Yarbrough
Director
$21,240
$21,240 No related compNo other comp
Ronald Mullin
Director
$21,170
$21,170 No related compNo other comp
Wd Thornberry
Secretary and Treasurer
$21,170
$21,170 No related compNo other comp
Wesley Campbell
Director
$21,170
$21,170 No related compNo other comp
Paul Schacht
Director
$21,100
$21,100 No related compNo other comp

Contractors

Re-Con Company
Electric Contractor
$661,922
B&B Trucking
Trucking/Concrete
$312,693
Accurate Construction
General Contractor
$268,128
HI Range Electric Inc.
Electric Construction
$132,236

Mission Statement

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

Revisions to this organization profile

December 2, 2025:
Amended (originally filed November 17, 2025)2024 Lighthouse Electric Cooperative Inc. 990 filed
November 8, 2024:
2023 Lighthouse Electric Cooperative Inc. 990 filed
November 14, 2023:
2022 Lighthouse Electric Cooperative Inc. 990 filed

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