Public Charity

SOUTH PLAINS ELECTRIC COOPERATIVE INC

Based in LUBBOCK, TX, SOUTH PLAINS ELECTRIC COOPERATIVE INC operates as a Public Charity. The organization reported $167.6M in revenue, $169.2M in expenses, $563.8M in total assets for fiscal year 2024. Imperigo tracks 12 reported grants from this foundation totaling approximately $135K.

EIN: 750569260 LUBBOCK, TX Latest filing: 2024
Total Revenue$167.6M
Total Expenses$169.2M
Total Assets$563.8M
Grants Given12
Grant Total$135K
Filing Years2019–2024

Mission

NONE

Officers & Directors

DIRECTOR Benny Nixon
PRESIDENT Bobby Richey
DIRECTOR Brent Whitaker
VICE PRESIDENT Danny Stanton
DIRECTOR David Gossett
DIRECTOR (AUG-DEC) Dewayne Mccallister

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY AGENCIES
$33,360 3 grants
CHAMBER SUPPORT
$29,345 4 grants
CATTLE BARON'S BALL
$28,337 1 grant
ANNUAL SUPPORT
$22,250 2 grants
CONTRACT MATERIAL - TEC UTILITY
$11,555 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $167.6M $169.2M $563.8M
2023 $191.2M $192.7M $528.1M
2022 $208.2M $209.5M $486.2M
2020 $149.0M $149.1M $427.4M
2019 $150.9M $151.4M $405.3M

Between 2019 and 2024, reported annual revenue grew from $150.9M to $167.6M (+11%), with total assets most recently reported at $563.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

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