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Organizations Adams Rural Electric Cooperative Inc

Adams Rural Electric Cooperative Inc

Fiscal year ending 2024. Filed on July 21, 2025.

PO Box 247 4800 State Route 125
PO Box 247
West Union, Ohio 45693

Adams Rural Electric Cooperative Inc (EIN: 31-4112933) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Adams Rural Electric Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 26 total employees. Among the employees shown here, the average compensation is $186,408. The highest compensated employee at Adams Rural Electric Cooperative Inc is Steve Hoop with fiscal year 2024 compensation of $232,999.

Revenue, expenses, and employee compensation

Revenue

$19,903,711

Expenses

$19,468,565

Employee compensation

$2,251,198
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Hoop
Operations Manager
$232,999
$124,222 No related comp$108,777
Erika Ackley
General Manager
$227,008
$158,284 No related comp$68,724
David Henry
Foreman
$183,685
$121,654 No related comp$62,031
Michael Whitley
Foreman
$183,643
$131,254 No related comp$52,389
Nathan Colvin
Lineman
$156,358
$125,763 No related comp$30,595
Cody Rigdon
Lineman
$134,755
$114,428 No related comp$20,327

Benchmark Employee Compensation

Non-Employee Board Members

Donald McCarty
President
$11,656
$11,650 No related comp$6
Stephen Huff
Trustee
$10,906
$10,900 No related comp$6
Charles Newman
Vice President
$9,756
$9,750 No related comp$6
William Seaman
Trustee
$8,404
$8,400 No related comp$4
Blanchard Campbell
Trustee
$8,103
$8,100 No related comp$3
Kenneth McCann
Secretary and Treasurer
$7,956
$7,950 No related comp$6
David Abbott
Trustee
$6,006
$6,000 No related comp$6
Milton Dale Grooms
Trustee
$5,102
$5,100 No related comp$2
William Wylie
Trustee
$4,806
$4,800 No related comp$6

Contractors

A1 Tree Care Inc
Right of Way Clearing
$275,600

Mission Statement

The cooperatives mission is to provide electric service to our members at the lowest possible cost.

Revisions to this organization profile

July 21, 2025:
2024 Adams Rural Electric Cooperative Inc 990 filed
November 8, 2024:
2023 Adams Rural Electric Cooperative Inc 990 filed
June 20, 2023:
2022 Adams Rural Electric Cooperative Inc 990 filed

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