CSCharityScored
90

South Plains Electric Cooperative Inc

Other · Lubbock, Texas

Po Box 1830, Lubbock, TX 79408-1830

EIN: 750569260· Founded: Feb 1943· 83 years active· Filing Year: 2023

Annual Revenue

$191.2M

Total Expenses

$192.7M

Total Assets

$528.1M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.7M

0.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10.3M

Total Payroll

$12.0M

6% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 6%
Other overhead: 0%
Program Revenue$192.5M (100%)
Total Expenses$192.7M (100%)
Payroll$12.0M (6%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$191.2M annual revenue

15%

Executive Compensation

$1.7M total officer comp (0.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$528.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.