Overview
What is Lee County Electric Cooperative Inc?
Lee County Electric Cooperative Inc, based in North Fort Myers, Florida, is a nonprofit organization that provides electric transmission and distribution services to residents and businesses within its Florida service territory. With approximately 8,850 miles of distribution lines, they delivered over 4.4 billion kilowatt hours of electric energy to their customers in locations such as Cape Coral, North Fort Myers, Marco Island, Sanibel and Captiva Islands, Pine Island, Everglades City, Immokee, Ave Maria, and parts of Lehigh Acres. The cooperative's mission is to offer efficient, reliable, cost-competitive electric and emerging energy solutions, all while providing excellent customer service. Their dedicated workforce of 465 employees serves a vast territory that includes Cape Coral, North Fort Myers, and various other communities.
Official website here: www.lcec.net
Is Lee County Electric Cooperative Inc legitimate?
Lee County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lee County Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,075,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lcec.net
What is the mission statement of Lee County Electric Cooperative Inc?
Lee County Electric Cooperative Inc is dedicated to delivering efficient, reliable, and cost-competitive electric and emerging energy solutions to its customers. Utilizing approximately 8,850 miles of distribution lines, the cooperative provided over 4.4 billion kilowatt hours of electric energy to its customers in the given service territory. The cooperative aims to ensure the provision of excellent service to its residential and business clients within the specified area.
Official website here: www.lcec.net
Who is the CEO of Lee County Electric Cooperative Inc?
Sarah Bullock is the Evp/Ceo of Lee County Electric Cooperative Inc. The CEO's salary of Lee County Electric Cooperative Inc is $645,282 and their total compensation is $727,706.
Official website here: www.lcec.net
What is the revenue of Lee County Electric Cooperative Inc?
Lee County Electric Cooperative Inc's revenue in 2022 was $626,227,197.
Official website here: www.lcec.net
Who are the executives of Lee County Electric Cooperative Inc and what are their salaries?
The average compensation at Lee County Electric Cooperative Inc during 2022 was $8,765. There are 465 employees at Lee County Electric Cooperative Inc.
Here are 26 key members and their salaries (Lee County Electric Cooperative Inc's CEO's salary is $645,282 and their total compensation is $727,706):
- Compensation: $645,282
- Related: $0
- Other: $82,424
- Compensation: $316,695
- Related: $0
- Other: $64,647
- Compensation: $293,153
- Related: $0
- Other: $71,969
- Compensation: $305,714
- Related: $0
- Other: $55,813
- Compensation: $287,845
- Related: $0
- Other: $50,686
- Compensation: $255,386
- Related: $0
- Other: $59,849
- Compensation: $247,311
- Related: $0
- Other: $60,702
- Compensation: $240,201
- Related: $0
- Other: $56,053
- Compensation: $234,320
- Related: $0
- Other: $52,862
- Compensation: $239,905
- Related: $0
- Other: $31,876
- Compensation: $219,627
- Related: $0
- Other: $47,129
- Compensation: $228,901
- Related: $0
- Other: $37,135
- Compensation: $220,949
- Related: $0
- Other: $40,319
- Compensation: $217,667
- Related: $0
- Other: $31,489
- Compensation: $230,510
- Related: $0
- Other: $17,150
- Compensation: $28,200
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $25,850
- Related: $0
- Other: $0
- Compensation: $23,500
- Related: $0
- Other: $0
- Compensation: $18,800
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
Official website here: www.lcec.net
Where can I find the form 990 for Lee County Electric Cooperative Inc?
Lee County Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcec.net
Learn more at the official website: www.lcec.net
Mission Statement of Lee County Electric Cooperative Inc
Lee County Electric Cooperative, Inc. (LCEC), dedicated to delivering electric transmission and distribution services, is committed to providing efficient, reliable, and cost-competitive energy solutions to its customers. The cooperative's mission extends beyond just electricity, as it also aims to offer excellent service to its residential and business clients.
Powering approximately 8,850 miles of distribution lines, LCEC serves a vast customer base located within its service territory. This territory stretches across various communities in Florida, including Cape Coral, North Fort Myers, Marco Island, Sanibel and Captiva Islands, Pine Island, Everglades City, Immokee, Ave Maria, and parts of Lehigh Acres.
In the pursuit of its mission, LCEC has delivered an impressive 4,419,070,926 kilowatt-hours of electric energy to its clients. The cooperative's commitment to efficiency, reliability, and affordability is reflected in its ability to consistently meet the energy demands of its diverse customer base. By providing these essential services, LCEC plays a crucial role in enhancing the quality of life for its customers and contributing to the overall development of the communities it serves.
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Impact
October, 2024
Lee County Electric Cooperative Inc. plays a crucial role in delivering electric transmission and distribution services to a diverse range of residential and business customers across its expansive service territory in Florida. Covering areas such as Cape Coral, North Fort Myers, Marco Island, Sanibel and Captiva Islands, Pine Island, Everglades City, Immokalee, Ave Maria, and parts of Lehigh Acres, LCEC utilizes approximately 8,850 miles of distribution lines. In the past year, LCEC has successfully provided over 4.4 billion kilowatt-hours of electric energy to meet the needs of its customers.
By focusing on efficiency and reliability, LCEC not only ensures that communities have access to essential electric services but also promotes cost-effective energy solutions. This commitment to excellent service fosters a sense of community and supports local development, making LCEC an integral part of the regional infrastructure and contributing to the overall quality of life in the area.
This information is meant to be a general summary of Lee County Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $250,889
- Program Service Revenue: $619,628,774
- Gross Receipts: $626,698,771
Assets and Liabilities:
- Total Assets: $1,110,507,384
- Total Liabilities: $724,924,869
- Net Assets: $385,582,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Revenue
Revenue
$616,126,103
Patronage Capital
Revenue
$3,502,671
Organization Details
Founding Year
1940
Phone
(239) 995-2121Principal Officer
Sarah Bullock
Main Address
PO Box 3455, North Fort Myers, FL, 33918
Website
www.lcec.netNTEE Category
Code: W80 - Public benefit
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