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Nonprofit · EIN 93-0209125

LANE ELECTRIC COOPERATIVE INC

Tax-exempt · EUGENE, OR 97402

Financials

$28.8M$28.6M2023$29.5M$29.2M2024$31.9M$31.6M2025
Revenue Expenses · by fiscal year end
Financials of LANE ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$31,946,003$31,563,218$382,785$104,464,274$62,236,530$42,227,744
December 31, 2024990$29,485,746$29,192,513$293,233$99,187,111$59,145,207$40,041,904
December 31, 2023990$28,802,287$28,636,397$165,890$89,131,436$50,975,419$38,156,017
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$31,563,218
Investment income
$149,630
Net gain from sales of assets
$114,109
Other revenue
$233,155

Expenses

Grants and similar amounts paid
$16,000
Benefits paid to members
$1,806,713
Compensation of officers, directors and key employees
$727,350
Salaries, compensation and benefits (total)
$2,268,542
Professional fundraising fees
$0
Depreciation
$3,283,751

Balance sheet and other

Total assets, start of year
$99,187,111
Total assets, end of year
$104,464,274
Total liabilities, end of year
$62,236,530
Net assets, end of year
$42,227,744
Land, buildings and equipment
$81,921,480
Gross receipts
$31,946,003
Employees
53
Volunteers
0
Year formed
1939
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Scott CoeGeneral Manager
Officer
40$294,302$31,063
Jeffrey DauLine Foreman
Highest-paid employee
50$230,639$80,932
Travis LarsenForeman
Highest-paid employee
51$220,502$90,190
Gary WaggenerSubstation Maintenance Technician
Highest-paid employee
52$215,792$69,180
Karl RamseyChief Financial Officer
Officer
40$226,854$56,306
Matthew MohrManager, Engineering & Operations
Highest-paid employee
40$212,299$58,362
Neal StandridgeForeman
Highest-paid employee
49$200,083$49,257
Chris SeubertVice-President
Trustee or director
12$21,925$0
Dean LivelybrooksPresident
Trustee or director, Officer
8$21,000$0
Susan Knudsen ObermeyerSecretary
Trustee or director, Officer
13$18,400$0
Kathy KeableDirector
Trustee or director
10$14,650$0
Jeanette I KesslerDirector
Trustee or director
25$13,975$0
James MartiniTreasurer
Trustee or director, Officer
4$12,825$0
Faye StewartDirector
Trustee or director
5$9,500$0
Kris MartesDirector
Trustee or director
9$6,550$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
Debora WilsonGeneral Manager
Officer
45$296,139$111,026
Jeffrey DauLine Foreman
Highest-paid employee
55$251,945$76,925
Travis LarsenForeman
Highest-paid employee
53$234,269$85,306
Brian MattieServiceman
Highest-paid employee
51$224,695$81,600
Myles RodakowskiForeman
Highest-paid employee
50$220,297$85,311
Herb AndersonServiceman
Highest-paid employee
52$231,202$73,914
Karl RamseyManager, Finance and Administration
Officer
40$199,639$46,538
Susan Knudsen ObermeyerSecretary
Trustee or director, Officer
15$22,125$0
Chris SeubertTreasurer
Trustee or director, Officer
12$20,675$0
Jeanette I KesslerDirector
Trustee or director
28$19,200$0
Kris MartesPresident
Trustee or director, Officer
10$18,925$0
Kathy KeableDirector
Trustee or director
13$18,100$0
Dean LivelybrooksVice-President
Trustee or director, Officer
8$15,000$0
James MartiniDirector
Trustee or director
6$6,900$0
Paula BrownDirector
Trustee or director
6$800$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Debora D WilsonGeneral Manager
Officer
56$271,590$77,047
Jeffrey DauLine Foreman
Highest-paid employee
52$224,900$59,530
Herb AndersonServiceman
Highest-paid employee
48$193,982$67,277
Gary WaggenerSubstation Maintenance Technician
Highest-paid employee
48$194,200$58,918
Travis LarsenForeman
Highest-paid employee
49$205,415$47,640
Myles RodakowskiForeman
Highest-paid employee
46$183,588$51,879
Karl RamseyManager, Finance and Administration
Officer
40$87,543$16,933
Susan Knudsen ObermeyerPresident
Trustee or director, Officer
15$25,650$0
Jeanette I KesslerSecretary
Trustee or director, Officer
22$22,850$0
Chris SeubertTreasurer
Trustee or director, Officer
11$20,825$0
Kris MartesVice-President
Trustee or director, Officer
7$18,450$0
Kathy KeableDirector
Trustee or director
13$18,125$0
Paula BrownDirector
Trustee or director
6$12,300$0
Joy OlgyayDirector
Trustee or director, Former
9$5,850$0

Address and contacts

Address (IRS master file)
787 BAILEY HILL RD, EUGENE, OR 97402-5451
In care of
LANE ELECTRIC COOPERATIVE INC
Principal officer (990 for 2025)
Scott Coe, 787 Bailey Hill Rd, Eugene, OR 97402
Signed the 990
Karl Ramsey, Chief Financial Officer
Phone
(541) 484-1151

Mission

PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 10,000 MEMBERS

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 10,000 MEMBERS THROUGH WHOLESALE PURCHASE OF POWER, MAINTENANCE OF TRANSMISSION AND DISTRIBUTION FACILITIES AS WELL AS OVERALL OPERATION ACTIVITIES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
93-0209125
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$104,464,274
Income (IRS master file)
$31,946,003

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$31,946,003$31,563,218$104,464,274IRS
990December 2024$29,485,746$29,192,513$99,187,111XML
990December 2023$28,802,287$28,636,397$89,131,436XML
990December 2022$29,293,150$28,985,238$84,464,864IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-0209125).

Questions about LANE ELECTRIC COOPERATIVE INC

What is the EIN of LANE ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of LANE ELECTRIC COOPERATIVE INC is 93-0209125.
Is LANE ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1944.
Are donations to LANE ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LANE ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LANE ELECTRIC COOPERATIVE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LANE ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LANE ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 names Scott Coe.
Who are the officers and directors of LANE ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $294,302 (Scott Coe, General Manager).
How much revenue does LANE ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $31,946,003, expenses of $31,563,218 and total assets of $104,464,274 at year end.

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