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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 South Plains Electric Cooperative Inc.

South Plains Electric Cooperative Inc.

Fiscal year ending 2018. Filed on November 7, 2019.

PO Box 1830
Lubbock, Texas 79408

South Plains Electric Cooperative Inc. (EIN: 75-0569260) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, South Plains Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 193 total employees. Among the employees shown here, the average compensation is $211,861. The highest compensated employee at South Plains Electric Cooperative Inc. is Randal Bailey with fiscal year 2018 compensation of $407,852.

Revenue, expenses, and employee compensation

Revenue

$156,780,979

Expenses

$156,350,710

Employee compensation

$11,157,251
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Randal Bailey
Assistant Manager
$407,852
$218,870 No related comp$188,982
Dale Ancell
General Manager
$309,690
$259,462 No related comp$50,228
Ronnie Rucker
Finance Director
$224,873
$190,473 No related comp$34,400
Kelly Vinson
District Superintendent
$213,731
$171,435 No related comp$42,296
Lynn Simmons
Communications Director
$195,401
$153,476 No related comp$41,925
Al Arreola
Project Engineer
$191,640
$184,923 No related comp$6,717
Tahnee Truitt
Human Resources Director
$188,933
$150,715 No related comp$38,218
James Lueb
Underground Foreman
$163,292
$156,428 No related comp$6,864
Robert Forbis
Former Director
$11,337
$11,337 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Scott Martin
Director
$31,221
$31,221 No related compNo other comp
Danny Stanton
Director
$25,714
$25,714 No related compNo other comp
David Gossett
Director
$24,567
$24,567 No related compNo other comp
Rynn Truett
Director
$23,892
$23,892 No related compNo other comp
Benny Nixon
Director
$23,579
$23,579 No related compNo other comp
Tommy Joines
President
$22,041
$22,041 No related compNo other comp
Rd McCallister
Vice President
$21,936
$21,936 No related compNo other comp
Glenn Jones
Director
$21,531
$21,531 No related compNo other comp
Bobby Richey
Secretary and Treasurer
$20,414
$20,414 No related compNo other comp
Larry Browning
Director
$20,295
$20,295 No related compNo other comp
Marvin Schoepf
Director
$17,957
$17,957 No related compNo other comp
Ken Harris
Director
$17,938
$17,938 No related compNo other comp

Contractors

Siegel Construction Inc.
Construction Contractor
$2,504,432
Echo Powerline Inc.
Construction Contractor
$1,460,150
Southeastern Data
Mainframe Software Printing
$1,094,837
Zachry Industrial Inc.
Substation Maintenance
$787,840
Primary Utility Services LLC
Construction Contractor
$690,826

Mission Statement

TO PROVIDE ELECTRIC ENERGY TO MEMBERS AT COST ON A COOPERATIVE BASIS.

Revisions to this organization profile

November 17, 2025:
2024 South Plains Electric Cooperative Inc. 990 filed
November 16, 2024:
2023 South Plains Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 South Plains Electric Cooperative Inc. 990 filed

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