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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 Inc.

Adams Electric Cooperative Inc.

Fiscal year ending 2016. Filed on November 13, 2017.

1338 Biglerville Road
PO Box 280
Gettysburg, Pennsylvania 17325

Adams Electric Cooperative Inc. (EIN: 23-0329885) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Adams Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 111 total employees. Among the employees shown here, the average compensation is $273,836. The highest compensated employee at Adams Electric Cooperative Inc. is Steven Rasmussen with fiscal year 2016 compensation of $447,949.

Revenue, expenses, and employee compensation

Revenue

$67,214,027

Expenses

$66,512,534

Employee compensation

$10,138,037
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steven Rasmussen
Chief Executive Officer and General Manager
$447,949
$352,937 $9,000 $86,012
Scott Wehler
Vice President, Engineering
$397,203
$225,889 No related comp$171,314
Lynn Wallas
Mgr. Financ/Mem
$303,675
$183,295 No related comp$120,380
George Taughinbaugh
Manager Energy Use
$240,739
$141,005 No related comp$99,734
Marvin Snyder
Mgr. Operations
$226,051
$173,656 No related comp$52,395
Mike Ward
Superintendent
$203,181
$136,765 No related comp$66,416
Richard Redding
Superintendent
$192,643
$143,289 No related comp$49,354
Brian Shearer
Engineer
$179,244
$135,043 No related comp$44,201

Benchmark Employee Compensation

Non-Employee Board Members

Jay E Grove
President
$28,925
$21,800 $7,125 No other comp
Thomas J Knaub
Treasurer
$27,700
$20,575 $7,125 No other comp
S Eugene Herritt
Director
$27,275
$18,275 $9,000 No other comp
Glenn E Bange
Vice President
$26,425
$19,300 $7,125 No other comp
Ray Schwartz
Director
$20,650
$20,650 No related compNo other comp
Nadine Hubner
Secretary
$20,575
$20,575 No related compNo other comp
Daniel Eisenhart
Director
$20,500
$20,500 No related compNo other comp
Thomas R Harbaugh
Director
$19,975
$19,975 No related compNo other comp
William E Myers
Director
$14,725
$14,725 No related compNo other comp

Contractors

Asplundh
Tree Trimming
$2,357,069
Penn Line Service Inc
Tree Trimming
$2,270,944
John R Wyles Inc
Line Construction
$1,020,186
Lehman Construction Services Inc
Construction Contrac
$886,862
Prea
Statewide Corp. Supp
$493,803

Mission Statement

ADAMS ELECTRIC COOPERATIVE PROVIDES SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO OUR MEMBERS

Revisions to this organization profile

September 22, 2025:
2024 Adams Electric Cooperative Inc. 990 filed
September 20, 2024:
2023 Adams Electric Cooperative Inc. 990 filed
October 27, 2023:
2022 Adams Electric Cooperative Inc. 990 filed

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