2021-10-07T08:50:38-05:00 2020-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2020-01-01 230329885 ADAMS ELECTRIC COOPERATIVE INC ADAM 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 THOMAS J KNAUB TREASURER 7173349211 2021-08-25 true THOMAS KNAUB XXX-XX-XXXX G STEVEN GILLIAM CPA P00348264 8043231313 2021-08-25 2020 2022-09-23 18:48:47Z THOMAS J KNAUB 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 68161534 false X WWW.ADAMSEC.COOP X 1941 PA ADAMS ELECTRIC COOPERATIVE PROVIDES SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO OUR MEMBERS 8 8 80 12865 0 67907473 66887649 119254 192867 1081918 1076949 69108645 68157465 0 6401966 7995922 10979937 11532285 0 0 51922046 51427159 69303949 70955366 -195304 -2797901 196165383 206362808 128740619 132721054 67424764 73641754 ADAMS ELECTRIC COOPERATIVE PROVIDES SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO OUR MEMBERS false false 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 36,329,481 SALARIES AND WAGES 8,033,803 BENEFITS PAID TO MEMBERS 6,199,995 false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 104 0 true 80 true true true false false false false 66350081 773037 false false false X 8 8 false false false false true true true true true false false true true true true true true true true false X THE CORPORATION 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 17325 X STEVEN RASMUSSEN CEO / GM 50.00 2.00 X 460966 11428 117895 LYNN WALLAS MANAGER FINA 50.00 X 224670 0 144365 MIKE FEATHERS MANAGER OPER 50.00 X 195434 0 127877 JAMES CHIARUTTINI LEGAL/CORP M 50.00 2.00 X 183634 11567 58654 LISA WILLET MANAGER HR 50.00 X 167387 0 77755 GEORGE TAUGHINBAUGH FACILITIES M 50.00 X 167295 0 75974 JEFFERY TURNER MGR ENG/MECH 50.00 X 170377 0 72392 GLENN E BANGE PRESIDENT 11.00 2.00 X X 5450 11334 17750 THOMAS J KNAUB TREASURER 11.00 2.00 X X 19950 10097 0 JAY E GROVE SECRETARY 11.00 2.00 X X 18850 9925 0 S EUGENE HERRITT DIRECTOR 9.00 2.00 X 17050 10652 0 NADINE M HUBNER VICE PRESIDE 11.00 X X 21100 0 0 JAY HERMAN DIRECTOR 9.00 X 18450 0 0 DALE MYERS DIRECTOR 9.00 X 9219 0 9181 RAY SCHWARTZ DIRECTOR 9.00 X 17650 0 0 DANIEL E EISENHART FORMER SECRE 9.00 X X 7575 0 0 1705057 65003 701843 39 false true false PENN LINE SERVICE INC 300 SCOTTDALE AVE SCOTTDALE PA 15683 TREE TRIMMING 2136131 QUALITY LINES INC 2440 BRIGHT ROAD FINDLAY OH 45840 CONST. CONTRACT 1807382 ASPLUNDH TREE EXPERT CO PO BOX 827464 PHILADELPHIA PA 19182 TREE TRIMMING 1563943 JOHN R WYLES INC RD 1 BOX 14 JAMES CREEK PA 16657 LINE CONSTR 859412 TRAFFIC CONTROL SERVICES LLC 1411 STONERIDGE DR PO BOX 280 MIDDLETOWN PA 17057 FLAGGERS 632180 9 SALES OF ELECTRICITY 66350081 66350081 CONTRIB. IN AID OF CONSTR 282283 282283 PATRONAGE ALLOC. RECEIPTS 255285 255285 66887649 111691 111691 15700 916542 130 15700 916412 932112 15700 1295 915117 85115 3939 81176 81176 81176 EQUITY EARNINGS FROM SUB 123299 123299 OTHER INCOME 9968 9968 SUPPORT SERVICES TO MACS 900099 5570 5570 6000 6000 144837 68157465 67036616 12865 1107984 X 7995922 1110121 8033803 1616487 74319 697555 89133 1862974 16754 4580331 6199995 COST OF POWER 36329481 DISTRIBUTION MAINTENANCE 4824375 ADMIN & GENERAL 1666461 DISTRIBUTION OPERATION 1495235 -5637580 70955366 0 0 0 1510202 1983612 65480 58707 8780779 8568843 118880 66460 2045907 2233739 5004698 4997755 205511811 42461837 155895217 163049974 4015565 4138864 18728655 21264854 196165383 206362808 8790540 9158606 113508726 115459039 6441353 8103409 128740619 132721054 X 532585 508645 66892179 73133109 67424764 73641754 196165383 206362808 X -2797901 9014891 X false true X true false 205511811 42461837 163049974 163049974 PATRONAGE CAPITAL IN ASSOC ORG 19211777 C CAPITAL TERM CERTIFICATES 1198483 C OTHER INVESTMENTS 475450 F ECONOMIC DEVELOPMENT PROJECTS 321658 C OTHER INVESTMENTS 52986 C MEMBERSHIP FEES 4500 C 21264854 CAPITAL LEASES 2195289 PROV SELF FUNDED RESERVE 1934915 DEFERRED CREDITS 1404543 CONSUMER DEPOSITS 880643 ACCUM POSTRETIREMENT BEN 621158 SPECIAL FUNDS RESERVE 475450 OTHER SPECIAL DEPOSITS 315929 SCHOLARSHIP FUND 275482 8103409 X SCHEDULE D, PAGE 3, PART X THE COOPERATIVE FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE COOPERATIVE HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. X X X X false false false STEVEN RASMUSSEN CEO / GM 410420 11428 50546 106796 11099 578861 11428 LYNN WALLAS MANAGER FINANCE 197578 27092 131717 12648 369035 MIKE FEATHERS MANAGER OPERATIONS 169587 25847 101924 25953 323311 JAMES CHIARUTTINI LEGAL/CORP MGR 168949 11567 14685 47555 11099 242288 11567 LISA WILLET MANAGER HR 160041 7346 48624 29131 245142 GEORGE TAUGHINBAUGH FACILITIES MGR 144382 22913 51610 24364 243269 JEFFERY TURNER MGR ENG/MECH 157887 12490 43261 29131 242769 FORM 990 FORM 990 PART IX LINE 4 - BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS ARE CREDITED TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN ADAMS ELECTRIC COOPERATIVE'S BY-LAWS. THE COOPERATIVE IS OBLIGATED TO ALLOCATE MARGINS FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. IRS INSTRUCTIONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS OF SECTION 501(C)(12) ORGANIZATIONS. ACCORDINGLY, THESE AMOUNTS ARE NOW REPORTED ON LINE 4. FORM 990, PAGE 6, PART VI, LINE 6 ADAMS ELECTRIC COOPERATIVE IS AN ELECTRIC COOPERATIVE THAT DELIVERS ELECTRICITY TO THE MEMBERS OF THE COOPERATIVE. THE MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH IS THE GOVERNING BODY OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS OF THE CORPORATION RECEIVE ONE VOTE WITH RESPECT TO SELECTING THE CORPORATION'S BOARD OF DIRECTORS. THE BOARD HAS MONTHLY MEETINGS AND AN ANNUAL MEETING THAT IS OPEN TO THE ENTIRE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS AS PROVIDED IN THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT RECEIVES AND REVIEWS A COPY OF THE 990 WITH THE GOVERNING BODY PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C DURING MEETINGS IF A BOARD MEMBER HAS A POTENTIAL CONFLICT THEY WILL EXCUSE THEMSELVES FROM VOTING ON THE PARTICULAR MATTER INVOLVING THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE GOVERNING BODY DOES AN ANNUAL PERFORMANCE REVIEW OF THE CEO / GM AND APPROVES THE COMPENSATION PACKAGE ASSOCIATED WITH THIS POSITION. THIS INCLUDES ANALYZING INDUSTRY DATA AND INSURING COMPENSATION FALLS WITHIN THAT DATA. FORM 990, PAGE 6, PART VI, LINE 15B THE GOVERNING BODY DOES AN ANNUAL PERFORMANCE REVIEW OF THE OFFICERS AND KEY EMPLOYEES AND APPROVES THE COMPENSATION PACKAGES. THIS INCLUDES ANALYZING INDUSTRY DATA AND INSURING COMPENSATION FALLS WITHIN THAT DATA. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL DATA IS PRESENTED TO THE MEMBERSHIP AT THE ANNUAL MEETING AND IS INCLUDED WITHIN THE 990, WHICH IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII FORM 990 PART VII COLUMN (F) INCLUDED IN FORM 990, PART VII, COLUMN (F) AND SCHEDULE J, PART II, COLUMN (C) IS THE ACTUARIAL INCREASE IN DEFINED BENEFIT PLANS. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN IS THE SAME FOR ALL INDIVIDUALS IN THE PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOCATION 3,090,877 PATRONAGE DIVIDENDS PAID 7,995,922 DECREASE IN MEMBERSHIPS -23,940 CONT IN AID OF CONSTRUCTION -282,283 RETIREMENT OF CAPITAL CREDITS -1,765,685 TOTAL 9,014,891 ADAMS UTILITY SERVICES COMPANY 1338 BIGLERVILLE ROAD GETTYSBURG PA 17325 232221815 HOLDING CO PA N/A true false false false false false false false false false false false false false false false true false false false ADAMS UTILITY SERVICES COMPANY P 10003 COST