SOUTH PLAINS ELECTRIC COOPERATIVE INC
PO BOX 1830, LUBBOCK, TX 79408 www.spec.coop

Total Revenue
$150,898,523
Total Expenses
$151,423,757
Net Assets
$186,434,845

Organizations Filed Purposes: TO BE THE PREFERRED ELECTRIC UTILITY PROVIDER IN THE SERVICE AREA, OFFERING APPROPRIATE, VALUE-BASED SERVICES DESIRED BY THE MEMBERSHIP.

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

SALES OF ELECTRIC ENERGY TO OUR MEMBERS AT COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 59,993 ACTIVE SERVICES AT YEAR END.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dale AncellEXECUTIVE VP/GENERAL MANAGER45$273,562
Randal BaileyASSISTANT GENERAL MANAGER45$231,937
Ronnie RuckerDIRECTOR OF FINANCE33.8$207,849
Allan BrownDIRECTOR OF RISK MANAGEMENT40.2$198,337
Kelly VinsonDISTRICT SUPERINTENDENT38.8$162,309
Lynn SimmonsDIRECTOR OF COMMUNICATION40.4$161,016
Tahnee TruittDIRECTOR OF HUMAN RESOURCE40.2$159,178
Shane AdamsCHIEF FINANCIAL OFFICER46$148,695
Scott MartinSECRETARY/TREASURER9.4$30,074
Benny NixonDIRECTOR11.6$24,253
Rd MccallisterDIRECTOR11.1$21,146
Danny StantonVICE PRESIDENT11.5$21,095
Rynn TruettASSISTANT SECRETARY/TREASURER9.2$20,924
David GossettDIRECTOR8.4$20,526
Bobby RichiePRESIDENT11.5$20,041
Marvin SchoepfDIRECTOR8.4$19,256
Glenn JonesDIRECTOR9.1$19,107
Ken HarrisDIRECTOR9$16,941
Larry BrowningDIRECTOR8.9$16,004
Tommy Joines Jan-SepDIRECTOR12.9$14,486
Robert ForbisFORMER DIRECTOR0$11,505
Joe McferrinDIRECTOR10.3$3,458

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002939349300415_public.xml