2013-10-02T06:46:21-07:00 2012-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2012-01-01 230329885 ADAMS ELECTRIC COOPERATIVE INC ADAM 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 17325 THOMAS J KNAUB 2013-10-02 true G STEVEN GILLIAM CPA P00348264 8043231313 2012 2016-02-25 16:41:14Z THOMAS J KNAUB 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 57737912 false false X www.adamsec.coop X 1941 PA Safe and effective distribution of electricity to members. 9 9 105 66593 0 54913837 55740147 299202 226214 1487252 1771412 56700291 57737773 0 4002646 2246856 9497311 9670467 0 0 44882932 45541171 58382889 57458494 -1682598 279279 130272994 132506503 87385009 87623375 42887985 44883128 Safe and effective distribution of electricity to 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 $34,666,492Salaries and wages $6,400,508Depreciation expense $4,021,981 false false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false true false false false false false false false false false true true true false false true 79 0 true 105 true true false false false false false false false 55740147 1296498 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 RAY SCHWARTZ 7.00 0.00 X 11925 0 0 WILLIAM E MYERS 6.00 0.00 X 9750 0 0 DANIEL EISENHART 8.00 0.00 X 12950 0 0 JUDITH QUEITZSCH 6.00 0.00 X 12050 0 0 THOMAS R HARBAUGH 10.00 0.00 X X 14150 0 0 THOMAS J KNAUB 8.00 2.00 X X 13200 2998 0 S EUGENE HERRITT 5.00 1.00 X 11775 6100 0 GLENN E BANGE 8.00 2.50 X X 12350 4725 0 JAY E GROVE 13.00 6.00 X X 13300 4725 0 Lynn Wallas 53.00 0.00 X 142907 0 89078 Joseph Cole 50.00 8.00 X 153088 11100 115628 Steven Rasmussen 55.00 5.00 X 266658 6100 73321 Scott Wehler 50.00 0.00 X 202398 0 99704 Michael Ward 50.00 0.00 X 121954 0 48536 Ronald Plank 40.00 0.00 X 182420 0 25490 Marvin Snyder 55.00 0.00 X 139834 0 29255 George Taughinbaugh 45.00 0.00 X 122502 0 85458 Richard Redding 50.00 0.00 X 125822 0 48103 1569033 35748 614573 9 false true false PREA 212 Locust Street Harrisburg PA 17108 Statewide Corp. Supp 474049 NRECA 4301 Wilson Boulevard Arlington VA 22203 Supporting Services 289770 NISC One Innovation Circle - Wayne Park Saint Louis MO 63367 Computer Support 405131 John R Wyles Inc RD 1 Box 14 James Creek PA 16657 Line Construction 365847 Asplundh 708 Blair Mill Road Willow Grove PA 19090 Tree Trimming 2473462 8 0 SALES OF ELECTRICITY 55740147 55740147 55740147 216108 79 216029 0 0 769114 139 768975 768975 1945 767030 10106 10106 10106 10106 0 0 0 Support Services to MACS 58569 58569 PATRONAGE ALLOC. RECEIPTS 630349 630349 CONTRIB. IN AID OF CONSTR 373203 373203 -59684 -65684 6000 1002437 57737773 56678015 66593 993165 0 0 0 2246856 1254232 0 6400508 1390769 51713 573245 0 47618 0 0 0 0 0 0 0 0 0 0 0 0 0 3416229 0 4021981 0 DISTRIBUTION OPERATION 1089781 ADMIN & GENERAL 1637459 DISTRIBUTION MAINTENANCE 3232915 COST OF POWER 34666492 -2571304 57458494 0 0 0 266432 -401296 3955611 1685409 0 6845963 7823423 0 0 584584 508837 821643 896361 776335 1942105 138158687 37131180 97911011 101027507 0 3518869 3453185 15592546 15570972 0 0 130272994 132506503 7208763 6891577 78602251 79026639 1573995 1705159 87385009 87623375 X 617370 623155 42270615 44259973 42887985 44883128 130272994 132506503 X 279279 1715864 X false true X true false 138158687 37131180 101027507 101027507 15570972 other 76261 DEFERRED CREDITS 340513 CONSUMER DEPOSITS 685858 ACCUM POSTRETIREMENT BENEFIT OBLIGATIONS 602527 1705159 X X X X false false false Steven Rasmussen 213097 53561 6100 57424 15897 339979 6100 Scott Wehler 140837 7000 54561 94123 5581 302102 Ronald Plank 55170 127250 20110 5380 207910 Richard Redding 86193 4200 35429 41715 6388 173925 Michael Ward 84977 3500 33477 34800 13736 170490 Marvin Snyder 95128 5500 39206 16599 12656 169089 Lynn Wallas 117313 2500 23094 73181 15897 231985 Joseph Cole 134342 11100 18746 102972 12656 268716 11100 George Taughinbaugh 91899 4500 26103 69561 15897 207960 S Eugene Herritt ERC Loan X 15444 2586 false false true 2586 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 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 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 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Capital Credits = -$94617 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage Div. paid to members' accts not expense per gaap = $2246856 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases noncash patronage capital allocations not revenue per IRS = $28240 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Increase in Memberships = $5785 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per gaap = -$373203 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Change in unrealized loss = -$97197 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available 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 VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process Management receives and reviews a copy of the 990 with the governing body prior to filing the return with the IRS. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain decisions of the governing body are subject to approval by the members as provided in the bylaws. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body 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, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Adams Electric Cooperative is an electric membership corporation that delivers electricity to the members of the cooperative. The members elect the board of directors, which is the governing body of the corporation. Adams Utility Services Company 1338 Biglerville Road Gettysburg PA 17325 232221815 Holding Company PA Adams Electric Cooperative C -65684 3455489 1.00000 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 8040 Costs