Lee County Electric Cooperative Inc

NORTH FORT MYERS, FL EIN: 59-0329555 Website

LCEC PROVIDES EFFICIENT, RELIABLE, COST-COMPETITIVE ELECTRIC AND EMERGING ENERGY SOLUTIONS AND EXCELLENT SERVICE TO OUR CUSTOMERS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3B

+19.0% YoY

Annual Giving

$68K

+80.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$34K

-10.0% YoY

About Lee County Electric Cooperative Inc

Based on IRS filings

Lee County Electric Cooperative Inc is a nonprofit organization, based in NORTH FORT MYERS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3B in total assets. In 2024, it awarded 2 grants totaling $68K. Net investment income was $622K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $293K (100%)

States

Florida

Cities

Fort Myers

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,262,768,758	$1,061,061,386	$1,110,507,384
Revenue	$616,115,448	$608,109,826	$626,227,197
Expenses	$547,211,131	$504,779,733	$614,788,809
Qualifying Distributions	—	—	—
Net Investment Income	$621,724	$2,505,620	$250,889
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Open Grants

1 open opportunity from Lee County Electric Cooperative Inc

Foundation

LCEC Environmental Funding Award Program

LEE COUNTY ELECTRIC COOPERATIVE INC

Amount

Varies

Deadline

September 1, 2026

Semi-annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of Lee County ($60,000), Horizon Foundation Inc ($7,500).

Recipient	Purpose	Amount
UNITED WAY OF LEE COUNTY FORT MYERS, FL	—	$60,000
HORIZON FOUNDATION INC FORT MYERS, FL	—	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DENISE M VIDAL	EVP/CEO	58	$723,445
SARAH BULLOCK	DIR OF FINAN	50	$379,577
EDWARD NAGY	DIRECTOR, IT	40	$295,423
RODNEY C HAWKINS	DIRECTOR, EL	55	$296,427
KAREN RYAN	DIRECTOR OF	50	$260,893
SANDRA THOMPSON	DIRECTOR OF	48	$253,018
GARY AVIN	DIR. MEMB. S	50	$253,411
DEREK HOLLAND	LINEMAN	79	$257,398
WALTER RUTH	DIR. OF BUS.	55	$231,137
TROY HAMILTON	LINEMAN	73	$247,755
AMANDA SMELKER	DIR, ADMIN S	45	$222,053
RICHARD B LEWIS	LINEMAN	70	$221,967
SHANE LEACH	LINEMAN	72	$227,320
MYRON MARTIN	MGR-PROC./SU	45	$215,204
CHAUNCEY P GOSS	TRUSTEE	4	$26,850
DAVID BEAM	TRUSTEE	4	$25,850
RICK JOYCE	TRUSTEE	10	$25,850
MICHAEL POWELL	TRUSTEE/PRES	13	$25,850
RICHARD TURBEVILLE	TRUSTEE	6	$25,850
RUSSELL PRIDDY	TRUSTEE	6	$24,750
TARIK AYASUN	TRUSTEE	1	$23,500
ELEANOR M FLANNERY	TRUSTEE	5	$23,500
RHICHARD PRITCHETT III	TRUSTEE	5	$23,500
CRAIG WOODWARD	TRUSTEE	6	$23,500

Frequently Asked Questions

How large is Lee County Electric Cooperative Inc?

As of 2024, Lee County Electric Cooperative Inc holds $1.3B in total assets with $616.1M in annual revenue. It awarded 2 grants totaling $68K in 2024.

Where does Lee County Electric Cooperative Inc operate?

Lee County Electric Cooperative Inc has awarded grants in Florida.

What size grants does Lee County Electric Cooperative Inc award?

In 2024, Lee County Electric Cooperative Inc awarded 2 grants totaling $68K — an average of about $34K per grant, based on its IRS Form 990 filings.

What is Lee County Electric Cooperative Inc's EIN?

Lee County Electric Cooperative Inc's EIN (Employer Identification Number) is 59-0329555. IRS Form 990 filing data is available on this page for 2020–2024.