Lighthouse Electric Cooperative Inc logo

Lighthouse Electric Cooperative Inc

Public charity · Grantmaker Floydada, TX EIN: 75-0273171 Website

Empowering our members by providing the safest, most reliable, and affordable energy solutions that safe practices and informed planning allows.

Lighthouse Electric Cooperative Inc at a glance

In short: Lighthouse Electric Cooperative Inc gave $5K across 1 grant in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990.

Annual giving (2025)
$5,400
-12.9% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$5,400
-12.9% vs 2024
Median grant
$5,400
Total assets
$115,237,398
+1.4% vs 2024
Primary geography
Texas (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Lighthouse Electric Cooperative Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Floyd County Stock Show Association: $5KFloyd County Stock ShowAssociation$5K

The largest 2025 recipient was Floyd County Stock Show Association ($5K).

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Lockney

How Lighthouse Electric Cooperative Inc gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $5K (2025) to $6K (2020). In 2025 it made 1 grant totaling $5K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Floyd County Stock Show Association Lockney, TXStock Show Donation for Animal Sales$5,400
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$115,237,398$44,705,875$44,705,875$5,4001$196,568
2024$113,602,023$39,419,336$39,419,336$6,2001$123,448
2023$112,090,914$42,509,701$42,509,701$5,5001$131,160
2022$102,333,599$36,666,400$36,666,400$5,4501$78,395
2021$103,182,742$33,325,892$33,325,892$5,9501$180,283
2020$98,628,835$32,581,998$32,581,998$6,3001$106,788

About Lighthouse Electric Cooperative Inc

Based on IRS filings

Lighthouse Electric Cooperative Inc is a public charity, based in Floydada, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $115.2M in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $197K.

Leadership & Key People

Officers and directors from IRS filings

Lighthouse Electric Cooperative Inc is led by Mark Hegi, President since 2023 (on filings since 2020); all 15 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Mark Hegi

    President

    Director → President, 2023

    On filings since 2020

    3.4 hrs/week

    $21K (2020) → $22K (2025)

  • Ronald Mullin

    Director

    On filings since 2020

    1.8 hrs/week

    $21K (2020) → $22K (2025)

  • Wesley Campbell

    Director

    On filings since 2020

    1.1 hrs/week

    $21K (2020) → $22K (2025)

  • Chad Buie

    Director of Engineering

    On filings since 2021

    50 hrs/week

    $115K (2021) → $130K (2025)

  • Brian Teeple

    Director

    On filings since 2023

    1.1 hrs/week

    $14K (2023) → $22K (2025)

  • Matthew Rainwater

    Director

    On filings since 2023

    1.2 hrs/week

    $14K (2023) → $22K (2025)

  • Chase Young

    Director

    On filings since 2024

    1.3 hrs/week

    $14K (2024) → $22K (2025)

  • Cliff Tippett

    Director

    On filings since 2024

    1.5 hrs/week

    $14K (2024) → $22K (2025)

  • Albert Daniel

    General Manager & Executive

    General Manager → Executive Vice President & General Manager, 2021

    General Manager & Executive Vice President → General Manager & Executive, 2025

    On filings since 2020

    45 hrs/week

    $151K (2020) → $198K (2025)

  • Wd Thornberry

    Secretary & Treasurer

    On filings since 2020

    3.3 hrs/week

    $21K (2020) → $22K (2025)

  • Ron Graves

    Vice President

    Director → Vice President, 2023

    On filings since 2021

    4.3 hrs/week

    $7K (2021) → $22K (2025)

  • Hector Rodriguez

    Construction Foreman

    Foreman → Construction Foreman, 2023

    On filings since 2022

    50 hrs/week

    $108K (2022) → $137K (2025)

  • Carlos Rendon

    Serviceman Foreman

    New on the 2025 filing

    50 hrs/week

    $123K (2025)

  • Juan Manuel Martinez

    Underground Foreman

    New on the 2025 filing

    50 hrs/week

    $127K (2025)

  • Rickey Hughes

    Serviceman

    New on the 2025 filing

    45 hrs/week

    $125K (2025)

Former officers (15)
  • Former: Dean Yarbrough (2020–2024) — Director
  • Former: Larry Smith (2020–2024) — Working Foreman
  • Former: Paul Schact (2020–2024) — Director
  • Former: Danny Nixon (2021–2024) — Line Superintendent
  • Former: Tracy Smith (2024) — Warehouse Foreman
  • Former: John Dunlap (2020–2023) — Vice President
  • Former: Mark Appling (2020–2023) — President
  • Former: Grant Cage (2021–2023) — Serviceman
  • Former: Fidel Valdes (2023) — Serviceman
  • Former: Richard Cloyd (2020–2022) — Serviceman
  • Former: Robert Nixon (2020–2021) — Director
  • Former: Billy Harbin (2021) — Former Executive Vice President & General Manager
  • Former: Brent Sanders (2020) — Serviceman
  • Former: Larry Ogden (2020) — Member Services Director
  • Former: Tate Glasscock (2020) — Working Superintendent

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Albert Daniel — General Manager/Executive: $198KAlbert DanielGeneral Manager/Executive$198KHector Rodriguez — Construction Foreman: $137KHector RodriguezConstruction Foreman$137KChad Buie — Director of Engineering: $130KChad BuieDirector of Engineering$130KJuan Manuel Martinez — Underground Foreman: $127KJuan Manuel MartinezUnderground Foreman$127KRickey Hughes — Serviceman: $125KRickey HughesServiceman$125KCarlos Rendon — Serviceman Foreman: $123KCarlos RendonServiceman Foreman$123KWesley Campbell — Director: $22KWesley CampbellDirector$22KMark Hegi — President: $22KMark HegiPresident$22KWD Thornberry — Secretary/Treasurer: $22KWD ThornberrySecretary/Treasurer$22KCliff Tippett — Director: $22KCliff TippettDirector$22KChase Young — Director: $22KChase YoungDirector$22KRon Graves — Vice President: $22KRon GravesVice President$22KBrian Teeple — Director: $22KBrian TeepleDirector$22KRonald Mullin — Director: $22KRonald MullinDirector$22KMatthew Rainwater — Director: $22KMatthew RainwaterDirector$22K

The highest reported compensation on the 2025 filing was $198K, to Albert Daniel (General Manager/Executive). 15 officers or directors reported compensation on that filing.

Frequently asked questions about Lighthouse Electric Cooperative Inc

How much does Lighthouse Electric Cooperative Inc give each year?

Lighthouse Electric Cooperative Inc gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6K across 1 grant.

How large is Lighthouse Electric Cooperative Inc?

Lighthouse Electric Cooperative Inc reported $115.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $44.7M.

Where does Lighthouse Electric Cooperative Inc operate?

Lighthouse Electric Cooperative Inc has awarded grants in Texas.

What is Lighthouse Electric Cooperative Inc's EIN?

Lighthouse Electric Cooperative Inc's EIN (Employer Identification Number) is 75-0273171. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS December 2, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lighthouse Electric Cooperative Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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