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SOUTH PLAINS ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

SOUTH PLAINS ELECTRIC COOPERATIVE INC

EIN 75-0569260 · Mutual & Membership Benefit (Y)

What they do

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

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.94spent for every $100 of revenueSpending was higher than revenue this year.
$3.33in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,583,438 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $645,771 for JOHN RANDAL BAILEY (ASSISTANT GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$167,567,520
Expenses$169,150,958
Annual shortfall $1,583,438 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$167,567,520
Expenses$169,150,958
Assets$563,842,361
Income$170,530,705
Grants given$183,851
Average grant$12,257
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JOHN RANDAL BAILEYASSISTANT GENERAL MANAGER · 42 hrs/week $645,771Base $372,088 · Other $273,683
LARRY DALE ANCELLEXECUTIVE VP/GENERAL MANAG · 42 hrs/week $557,291Base $440,456 · Other $116,835
SHANE ADAMSCHIEF FINANCIAL OFFICER · 45 hrs/week $347,270Base $264,336 · Other $82,934
RANDY MCGEEMANAGER OF MEMBER SERVICES · 40 hrs/week $297,283Base $249,586 · Other $47,697
LYNN SIMMONSDIRECTOR OF COMMUNICATIONS · 40 hrs/week $292,011Base $228,228 · Other $63,783
TAHNEE TRUITTDIRECTOR OF HUMAN RESOURCE · 40 hrs/week $288,331Base $231,585 · Other $56,746
JON HENSONLUBBOCK DIVISION MANAGER · 40 hrs/week $284,725Base $212,641 · Other $72,084
JAMEY PHILLIPSGENERAL COUNSEL/DIRECTOR CORP AFFAIRS · 40 hrs/week $274,989Base $244,644 · Other $30,345
LLOYD ARTHURDIRECTOR · 15 hrs/week $33,692
DANNY STANTONVICE PRESIDENT · 20 hrs/week $33,000
BRENT WHITAKERDIRECTOR · 14 hrs/week $32,892
LARRY BROWNINGDIRECTOR · 14 hrs/week $30,600

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

JOHN RANDAL BAILEYASSISTANT GENERAL MANAGER

LARRY DALE ANCELLEXECUTIVE VP/GENERAL MANAG

SHANE ADAMSCHIEF FINANCIAL OFFICER

RANDY MCGEEMANAGER OF MEMBER SERVICES

LYNN SIMMONSDIRECTOR OF COMMUNICATIONS

TAHNEE TRUITTDIRECTOR OF HUMAN RESOURCE

JON HENSONLUBBOCK DIVISION MANAGER

JAMEY PHILLIPSGENERAL COUNSEL/DIRECTOR CORP AFFAIRS

LLOYD ARTHURDIRECTOR

DANNY STANTONVICE PRESIDENT

BRENT WHITAKERDIRECTOR

LARRY BROWNINGDIRECTOR

JOE MCFERRINDIRECTOR

SCOTT MARTINSECRETARY/TREASURER

RYNN TRUETTASSISTANT SECRETARY/TREASU

JAMIE MCNEILLDIRECTOR

DAVID GOSSETTDIRECTOR

BOBBY RICHEYPRESIDENT

BENNY NIXONDIRECTOR

RD MCCALLISTERDIRECTOR (JAN-AUG)

DEWAYNE MCCALLISTERDIRECTOR (AUG-DEC)

About this charity

Recognized since
January 1943
Location
PO BOX 1830, LUBBOCK, TX 79408-1830
County
Lubbock
In care of
DALE ANCELL
Primary officer
DALE ANCELL, EXECUTIVE VP/GENERAL MANAGER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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