2020-11-16T15:46:14-06:00 2019-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2019-01-01 230329885 ADAMS ELECTRIC COOPERATIVE INC ADAM 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 THOMAS J KNAUB TREASURER 7173349211 2020-08-21 true G STEVEN GILLIAM CPA P00348264 8043231313 2020-11-16 72.84.234.34 2020-11-16 15:46:14 CS P ACA39D8962F2BB59B316BF06430B2B7C29AE552B 61A6FECD8215AA087FF7745E3D605B7EF8D8F4B6 2019 2021-04-22 16:20:28Z THOMAS J KNAUB 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 69262790 false X WWW.ADAMSEC.COOP X 1941 PA ADAMS ELECTRIC COOPERATIVE PROVIDES SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO OUR MEMBERS 9 9 83 12476 0 68694551 67907473 203718 119254 1567158 1081918 70465427 69108645 0 6373066 6401966 11138210 10979937 0 0 52407307 51922046 69918583 69303949 546844 -195304 187911099 196165383 125280620 128740619 62630479 67424764 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 36,884,933 SALARIES AND WAGES 7,681,521 BENEFITS PAID TO MEMBERS 6,401,966 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 108 0 true 83 true true true false false false false 67289973 1124748 false false false X 9 9 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 403036 11700 94914 LYNN WALLAS MGR. FINANCE 50.00 X 209396 0 122222 GEORGE TAUGHINBAUGH FACILITIES M 50.00 X 208872 0 104812 MIKE FEATHERS MANAGER OPER 50.00 X 167352 0 91225 RICHARD REDDING COORDINATOR 50.00 X 157571 0 66524 JAMES CHIARUTTINI LEGAL/CORP M 50.00 2.00 X 166819 11300 42846 KYLE SMITH IT MANAGER 50.00 X 162753 0 26776 GLENN E BANGE PRESIDENT 11.00 2.00 X X 9540 8900 19000 THOMAS J KNAUB TREASURER 11.00 2.00 X X 25510 8900 0 JAY E GROVE DIRECTOR 11.00 2.00 X 25130 8900 0 S EUGENE HERRITT DIRECTOR 9.00 2.00 X 20135 11700 0 DALE MYERS DIRECTOR 9.00 X 8155 0 18885 NADINE HUBNER VICE PRESIDE 11.00 X X 25440 0 0 DANIEL EISENHART SECRETARY 9.00 X X 25195 0 0 RAY SCHWARTZ DIRECTOR 9.00 X 24760 0 0 JAY HERMAN DIRECTOR 9.00 X 12725 0 0 1652389 61400 587204 38 false true false QUALITY LINES INC 2440 BRIGHT ROAD FINDLAY OH 45840 CONST. CONTRACT 2091917 ASPLUNDH TREE EXPERT CO PO BOX 827464 PHILADELPHIA PA 19182 TREE TRIMMING 1699258 PENN LINE SERVICE INC 300 SCOTTDALE AVE SCOTTDALE PA 15683 TREE TRIMMING 1283859 JOHN R WYLES INC RD 1 BOX 14 JAMES CREEK PA 16657 LINE CONSTR 873488 PREA 212 LOCUST STREET HARRISBURG PA 17108 STATE SUPPORT 496166 11 SALES OF ELECTRICITY 67289973 67289973 CONTRIB. IN AID OF CONSTR 348789 348789 PATRONAGE ALLOC. RECEIPTS 268711 268711 67907473 139155 147 139008 12000 849488 130 12000 849358 861358 12000 1289 848069 134114 154015 -19901 -19901 -19901 EQUITY EARNINGS FROM SUB 209520 209520 SUPPORT SERVICES TO MACS 900099 5040 5040 LOAN GUARANTEE FEE 900099 5000 5000 1000 1000 220560 69108645 68128993 12476 967176 6401966 1044043 7681521 1516538 74319 663516 81195 1804324 53929 4448482 5879467 COST OF POWER 36884933 DISTRIBUTION MAINTENANCE 4306162 ADMIN & GENERAL 1628736 DISTRIBUTION OPERATION 1521267 -4686449 69303949 0 0 0 1739031 1510202 61400 65480 8142121 8780779 205553 118880 1939277 2045907 5372112 5004698 197384272 41489055 148153932 155895217 3806045 4015565 18491628 18728655 187911099 196165383 10110037 8790540 110282628 113508726 4887955 6441353 125280620 128740619 X 567080 532585 62063399 66892179 62630479 67424764 187911099 196165383 X -195304 4989589 X false true X true false 197384272 41489055 155895217 155895217 PATRONAGE CAPITAL IN ASSOC ORG 16629714 C CAPITAL TERM CERTIFICATES 1268516 C ECONOMIC DEVELOPMENT PROJECTS 405195 C OTHER INVESTMENTS 369377 F OTHER INVESTMENTS 51353 C MEMBERSHIP FEES 4500 C 18728655 CAPITAL LEASES 1662631 PROV SELF FUNDED RESERVE 1540234 CONSUMER DEPOSITS 928438 DEFERRED CREDITS 821149 ACCUM POSTRETIREMENT BEN 631323 SPECIAL FUNDS RESERVE 369377 OTHER SPECIAL DEPOSITS 259735 SCHOLARSHIP FUND 228466 6441353 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 371617 11700 31419 84327 10587 497950 11700 LYNN WALLAS MGR. FINANCE/MEMBERS 182941 26455 110135 12087 331618 GEORGE TAUGHINBAUGH FACILITIES MGR 132865 76007 82524 22288 313684 MIKE FEATHERS MANAGER OPERATIONS 148948 18404 63578 27647 258577 RICHARD REDDING COORDINATOR 126101 31470 43305 23219 224095 JAMES CHIARUTTINI LEGAL/CORP MGR 153932 11300 12887 32259 10587 209665 11300 KYLE SMITH IT MANAGER 145501 17252 24496 2280 189529 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 678,542 PATRONAGE DIVIDENDS PAID 6,401,966 DECREASE IN MEMBERSHIPS -34,495 CONT IN AID OF CONSTRUCTION -348,789 RETIREMENT OF CAPITAL CREDITS -1,707,635 TOTAL 4,989,589 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 9738 COST