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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 2018. Filed on October 29, 2019.

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 2018 IRS Form 990 filing, Adams Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 40 total employees. Among the employees shown here, the average compensation is $167,078. The highest compensated employee at Adams Electric Cooperative is James Thompson with fiscal year 2018 compensation of $271,508.

Revenue, expenses, and employee compensation

Revenue

$24,756,557

Expenses

$24,756,557

Employee compensation

$470,638
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Thompson
General Manager
$271,508
$210,861 No related comp$60,647
Steve Jennings
Manager of Finance
$168,930
$114,979 No related comp$53,951
Tim Brecht
Manager of Eng and Oper
$163,527
$106,125 No related comp$57,402
Mike Olson
Line Foreman
$156,676
$113,686 No related comp$42,990
Duane Jones
Line Foreman
$139,678
$106,643 No related comp$33,035
Chad Reische
Line Foreman
$135,373
$111,652 No related comp$23,721
Gary Wagner
Journeyman Lineman
$133,853
$115,297 No related comp$18,556

Benchmark Employee Compensation

Non-Employee Board Members

Tom Travis
Director
$4,350
$4,350 No related compNo other comp
Rebecca Barlow
Vice President
$4,200
$4,200 No related compNo other comp
Kris Farwell
Treasurer
$4,000
$4,000 No related compNo other comp
Laura Meyer
Secretary
$3,800
$3,800 No related compNo other comp
Jim Benz
Director
$3,800
$3,800 No related compNo other comp
Alan Acheson
Director
$3,400
$3,400 No related compNo other comp
Roger Busen
President
$3,000
$3,000 No related compNo other comp
Lyle Waner
Director
$2,000
$2,000 No related compNo other comp
Jim Ward
Director
$1,650
$1,650 No related compNo other comp

Contractors

Grizzly Tree & Vegetation
Row Clearing
$158,850

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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Gettysburg, Pennsylvania