EIN 23-0329885

Adams Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
83
Year formed
1941
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Adams Electric Cooperative dedicates itself to serving its members through various programs and initiatives. The cooperative provides safe, reliable, and affordable electric service while fostering community engagement. It offers educational resources like scholarships and safety demonstrations alongside energy-saving programs that include home efficiency analysis and renewable energy options. Through initiatives such as Project Helping Hand and the Community Loan Fund, Adams Electric Cooperative strives to enhance the quality of life in the communities it serves.
Total revenues
$78,385,681
2023
Total expenses
$79,616,838
2023
Total assets
$244,017,697
2023
Num. employees
83
2023

Program areas at Adams Electric Cooperative

The sale and distribution of electricity to members of Adams Electric Cooperative. The three largest program services, as measured by expenses are as follows: cost of power 42,605,555 salaries and wages 8,574,795 benefits paid to members 8,306,670

Personnel at Adams Electric Cooperative

NameTitleCompensation
Steve RasmussenChief Executive Officer and General Manager
Mike FeathersOperations Manager$218,898
Lisa WilletHuman Resources and Communications and Member Services Manager$167,387
Kyle SmithInformation Technology Manager$203,069
Mike JohnsonSafety and Key Accounts and Accounting Manager
...and 6 more key personnel

Financials for Adams Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$76,999,339
Investment income and dividends$111,921
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,053,405
Net gain from sale of non-inventory assets$33,691
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$187,325
Total revenues$78,385,681

Form 990s for Adams Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-20990View PDF
2022-122023-10-27990View PDF
2021-122022-10-06990View PDF
2020-122021-10-07990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Adams Electric Cooperative

OrganizationLocationRevenue
Gunnison County Electric AssociationGunnison, CO$21,733,987
Cookson Hills Electric Cooperative (CHEC)Stigler, OK$41,827,049
Navasota Valley Electric CooperativeFranklin, TX$61,012,125
Central New Mexico Electric CooperativeMountainair, NM$40,050,611
Lumbee River Electric Membership CorporationPembroke, NC$158,192,273
Wake Electric Membership CorporationWake Forest, NC$105,727,856
Northern Lights IncorporatedSagle, ID$44,733,936
Consumers EnergyMarshalltown, IA$24,804,115
Piedmont Electric Membership CorporationHillsborough, NC$76,825,164
Yampa Valley Electric AssociationSteamboat Springs, CO$75,827,227
Data update history
November 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 12, 2024
Updated personnel
Identified 1 new personnel
October 15, 2024
Updated personnel
Identified 2 new personnel
September 12, 2024
Updated personnel
Identified 7 new personnel
January 23, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
Education
Characteristics
Community engagement / volunteering
General information
Address
1338 Biglerville Rd
Gettysburg, PA 17325
Metro area
Gettysburg, PA
County
Adams County, PA
Website URL
adamsec.coop/ 
Phone
(717) 334-9211
IRS details
EIN
23-0329885
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1941
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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