Mission
LCEC PROVIDES EFFICIENT, RELIABLE, COST-COMPETITIVE ELECTRIC AND EMERGING ENERGY SOLUTIONS AND EXCELLENT SERVICE TO OUR CUSTOMERS.
Public Charity
LEE COUNTY ELECTRIC COOPERATIVE INC
LEE COUNTY ELECTRIC COOPERATIVE INC is a Public Charity headquartered in NORTH FORT MYERS, FL. Financial data from the 2024 filing: $616.1M revenue, $547.2M expenses, $1.3B total assets. IRS filings disclose 13 grants awarded by this foundation, totaling roughly $462K.
EIN: 590329555
NORTH FORT MYERS, FL
Latest filing: 2024
Total Revenue$616.1M
Total Expenses$547.2M
Total Assets$1.3B
Grants Given13
Grant Total$462K
Filing Years2019–2024
Where $100 goes at Lee County Electric Cooperative Inc
How Lee County Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Utilizing approximately 9,195 miles of distribution lines, Lee County Electric Cooperative, inc
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
$60,000
$7,500
$37,500
United Way campaign funds stay in the local community to help support the local human services network. United Way partner agencies and initiatives like Alvin A. Dublin Alzheimer's Resource Center, Children's Advocacy Center, Big Brothers Big Sisters, LARC and United Way 211 serve a diverse range of needs in our community, such as nurturing children and youth, strengthening families, meeting critical need such as helping the elderly and disabled live independently, and empowering communities by bringing health and human services to neighborhoods. A portion of the contributions that are made to the United Way helps to fund the "Power to Share" program. This program provides short-term emergency assistance funding for qualifying LCEC customers wo are unable to pay their electric bills due to financial hardship
$60,000
The Horizon Foundation, a charitable 501(c)(3) organization, was established to provide a funding vehicle for businesses to invest in the longterm economic development and vitality of Lee County. The Foundation raises private sector money to support the efforts of the Lee County Economic Development Office and the Horizon Council in order to improve the area's business climate. LCEC participates regularly on committees and regional initiatives. Funding is partly in support of the Industry Appreciation of area leaders and companies
$7,500
Showing up to 5 of 13 total records — full history available with membership.
Officers & Directors
DIR, ADMIN S
Amanda Smelker
TRUSTEE
Chauncey P Goss
TRUSTEE
Craig Woodward
TRUSTEE
David Beam
EVP/CEO
Denise M Vidal
LINEMAN
Derek Holland
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $616.1M | $547.2M | $1.3B |
| 2023 | $608.1M | $504.8M | $1.1B |
| 2022 | $626.2M | $614.8M | $1.1B |
| 2020 | $447.7M | $441.3M | $785.2M |
| 2019 | $428.9M | $418.5M | $749.1M |
Between 2019 and 2024, reported annual revenue grew from $428.9M to $616.1M (+44%), with total assets most recently reported at $1.3B.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in FL.
FL
Full geographic grant map with state-by-state breakdown available with membership.