NonprofitsAdams Rural Electric Cooperative Inc

Adams Rural Electric Cooperative Inc

WEST UNION, OH

Total revenue

$19.9M

Total expenses

$19.5M

Net assets

$22.0M

Grants received

EIN

314112933

Tax year

2024

Mission

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

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$19.9M
Investment income$45K
Other revenue
Total revenue$19.9M

Expenses

Grants paid
Salaries & benefits$2.3M
Fundraising
Other expenses$16.0M
Total expenses$19.5M
Total assets$41.0M
Net assets$22.0M

People

15 listed

NameRoleCompensation

Erika Ackley

General Manager

Board

$158K

48.69 hrs/wk

Donald McCarty

President

Board

$12K

5.19 hrs/wk

Stephen Huff

Trustee

Board

$11K

4.15 hrs/wk

Charles Newman

Vice President

Board

$10K

5.07 hrs/wk

William Seaman

Trustee

Board

$8K

2.14 hrs/wk

Blanchard Campbell

Trustee

Board

$8K

1.37 hrs/wk

Kenneth McCann

Secretary and Treasurer

Board

$8K

4.62 hrs/wk

David Abbott

Trustee

Board

$6K

1.53 hrs/wk

Milton Dale Grooms

Trustee

Board

$5K

1.09 hrs/wk

William Wylie

Trustee

Board

$5K

1.55 hrs/wk

Michael Whitley

Foreman

Staff

$131K

48.3 hrs/wk

Nathan Colvin

Lineman

Staff

$126K

47.36 hrs/wk

Steve Hoop

Manager of Operations

Staff

$124K

42.54 hrs/wk

David Henry

Foreman

Staff

$122K

45.91 hrs/wk

Cody Rigdon

Lineman

Staff

$114K

44.78 hrs/wk

Independent contractors

A1 Tree Care Inc

right of way clearing

$276K

Details

EIN314112933
Subsection12
Ruling date1944-02
Formed1940
Employees26
Volunteers0
ADAMS RURAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo