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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 2023. Filed on October 25, 2024.

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 2023 IRS Form 990 filing, Adams Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 47 total employees. Among the employees shown here, the average compensation is $170,822. The highest compensated employee at Adams Electric Cooperative is James Thompson with fiscal year 2023 compensation of $318,496.

Revenue, expenses, and employee compensation

Revenue

$28,115,186

Expenses

$28,115,186

Employee compensation

$621,557
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Thompson
General Manager
$318,496
$240,839 No related comp$77,657
Tim Brecht
Mgr Eng and Ops
$195,336
$119,140 No related comp$76,196
Chad Reische
Design/Const Supervisor
$155,610
$118,964 No related comp$36,646
Austin Aschemann
Lineman
$144,091
$121,039 No related comp$23,052
Gary Wagner
Journeyman Lineman
$143,571
$114,287 No related comp$29,284
Garrett Kestner
Journeyman Lineman
$138,663
$115,747 No related comp$22,916
Tara Neisen
Mgr of Finance and Accounting
$136,175
$91,963 No related comp$44,212
Steven Jennings
Manager of Finance
$134,636
$118,767 No related comp$15,869

Benchmark Employee Compensation

Non-Employee Board Members

Rebecca Barlow
President
$4,600
$4,600 No related compNo other comp
Eric Ewing
Director
$4,000
$4,000 No related compNo other comp
Brent Clair
Director
$4,000
$4,000 No related compNo other comp
Thomas Travis
Treasurer
$3,600
$3,600 No related compNo other comp
Glen Koch
Director
$3,550
$3,550 No related compNo other comp
Laura Meyer
Vice President
$3,200
$3,200 No related compNo other comp
Kristina Farwell
Secretary
$3,200
$3,200 No related compNo other comp
Rex Niekamp
Director
$3,100
$3,100 No related compNo other comp
James Ward
Director
$3,000
$3,000 No related compNo other comp

Contractors

Sellenriek Energy
Line Construction
$675,869
Grizzly Tree & Vegetation Control
Row Clearing
$229,820
Osmose Utilities Service
Pole Inspections
$162,198

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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Other organizations also named Adams Electric Cooperative

Adams Electric Cooperative Inc.
Gettysburg, Pennsylvania