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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Adams Electric Cooperative

Adams Electric Cooperative

Fiscal year ending 2017. Filed on September 3, 2018.

PO Box 247
Camp Point, Illinois 62320

Adams Electric Cooperative (EIN: 37-0147965) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Adams Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 40 total employees. Among the employees shown here, the average compensation is $163,206. The highest compensated employee at Adams Electric Cooperative is James Thompson with fiscal year 2017 compensation of $257,748.

Revenue, expenses, and employee compensation

Revenue

$23,499,435

Expenses

$22,015,970

Employee compensation

$240,194
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Thompson
General Manager
$257,748
$206,844 No related comp$50,904
Michael Olson
Line Foreman
$148,711
$108,377 No related comp$40,334
Timothy Brecht
Mgr of Engineering and Operations
$147,984
$102,568 No related comp$45,416
Steven Jennings
Mgt of Finance
$147,237
$112,863 No related comp$34,374
Duane Jones
Line Foreman
$141,241
$100,907 No related comp$40,334
Gary Wagner
Apprentice Lineman
$136,314
$110,053 No related comp$26,261

Benchmark Employee Compensation

Non-Employee Board Members

Jim Benz
Director
$6,000
$6,000 No related compNo other comp
Laura Meyer
Director
$5,200
$5,200 No related compNo other comp
Rebecca Barlow
Secretary
$5,000
$5,000 No related compNo other comp
Alan Acheson
Director
$5,000
$5,000 No related compNo other comp
Kris Farwell
Treasurer
$4,400
$4,400 No related compNo other comp
Roger Busen
Vice President
$3,000
$3,000 No related compNo other comp
Lyle Waner
President
$2,800
$2,800 No related compNo other comp
Tom Travis
Director
$1,050
$1,050 No related compNo other comp
Jim Ward
Director
$900
$900 No related compNo other comp

Contractors

Grizzly Tree & Vegetation
Row Clearing
$196,960

Mission Statement

Provide electric service to over 8,900 members on a cooperative basis

Revisions to this organization profile

April 11, 2025:
2024 Adams Electric Cooperative 990 filed
October 25, 2024:
2023 Adams Electric Cooperative 990 filed
July 1, 2023:
2022 Adams Electric Cooperative 990 filed

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Adams Electric Cooperative Inc.
Gettysburg, Pennsylvania