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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 2019. Filed on June 27, 2020.

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 2019 IRS Form 990 filing, Adams Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 38 total employees. Among the employees shown here, the average compensation is $176,781. The highest compensated employee at Adams Electric Cooperative is James Thompson with fiscal year 2019 compensation of $266,274.

Revenue, expenses, and employee compensation

Revenue

$25,451,083

Expenses

$25,451,083

Employee compensation

$469,809
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Thompson
General Manager
$266,274
$212,787 No related comp$53,487
Charles Rossiter
Design and Const Supervisor
$181,017
$105,993 No related comp$75,024
Steven Jennings
Manager of Finance
$168,435
$114,127 No related comp$54,308
Timothy Brecht
Mgr of Engineering
$162,531
$102,189 No related comp$60,342
Steven Fanning
Maintenance Supervisor
$156,529
$100,797 No related comp$55,732
Chad Reische
Line Foreman
$125,900
$102,443 No related comp$23,457

Benchmark Employee Compensation

Non-Employee Board Members

Tom Travis
Director
$6,100
$6,100 No related compNo other comp
Kris Farwell
Treasurer
$5,000
$5,000 No related compNo other comp
Rebecca Barlow
Vice President
$4,200
$4,200 No related compNo other comp
Laura Meyer
Secretary
$3,600
$3,600 No related compNo other comp
James Benz
Director
$3,600
$3,600 No related compNo other comp
Jim Ward
Director
$3,150
$3,150 No related compNo other comp
Roger Busen
President
$2,800
$2,800 No related compNo other comp
Alan Acheson
Director
$2,600
$2,600 No related compNo other comp
Brent Clair
Director
$1,950
$1,950 No related compNo other comp
Lyle Waner
Director
$1,200
$1,200 No related compNo other comp
Eric Ewing
Director
$900
$900 No related compNo other comp

Contractors

Grizzly Tree & Vegetation Control
Row Clearing
$246,534

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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