Overview

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Est.

1938

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Adams Electric Cooperative is a nonprofit organization dedicated to providing electric service to over 8,900 members on a cooperative basis. With an operating budget of $26.1 million and total revenue of $28.3 million for the 2024 filing year, the cooperative focuses on public utilities, ensuring reliable electricity for its community. More information can be found on their website at http://www.adamselectric.coop/.

Mission Statement

Provide electric service to over 8,900 members on a cooperative basis
Revenues
$28.3M
Expenses
$28.3M
Net Income:
+$0
Assets
$70.6M
Liabilities
$39.7M
Net Assets:
+$31M
Operating Budget
$26.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Rebecca Barlow
Board Member
R
Rex Niekamp
Board Member
L
Laura Meyer
Board Member

Frequently Asked Questions

What is Adams Electric Cooperative’s budget?
In 2024, Adams Electric Cooperative reported an annual operating budget of around $26.1 million. More detailed financial information is available to registered users.
What causes does Adams Electric Cooperative support?
Adams Electric Cooperative supports work in Public utilities.
Where does Adams Electric Cooperative operate?
Adams Electric Cooperative is headquartered in Camp Point, IL.