2012-11-12T09:21:17-08:00 2011-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2011-01-01 230329885 ADAMS ELECTRIC COOPERATIVE INC ADAM 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 17325 THOMAS J KNAUB 2012-11-12 true G STEVEN GILLIAM CPA 8043231313 2011 2016-02-24 21:20:13Z THOMAS J KNAUB 1338 BIGLERVILLE ROAD GETTYSBURG PA 173251055 56700476 false false X www.adamsec.coop X 1941 PA Safe and effective distribution of electricity to members. 9 9 140 80086 0 55561466 54913837 216360 299202 1827983 1487252 57605809 56700291 0 4002646 8776107 9497311 0 0 44455326 44882932 53231433 58382889 4374376 -1682598 126030612 130272994 84952518 87385009 41078094 42887985 Safe and effective distribution of electricity to members. false false THE SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS. 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 88 0 true 140 true true true false false false false false false false false false 54913837 1160456 false false false false X 9 9 false false false false true true true true true false false false true true true true true true true true false false X THE CORPORATION 7173349211 1338 BIGLERVILLE ROAD GETTYSBURG PA 17325 RAY SCHWARTZ 7.00 X 12450 0 0 WILLIAM E MYERS 3.00 X 10675 0 0 DANIEL EISENHART 8.00 X 13325 0 0 JUDITH QUEITZSCH 6.00 X 10330 0 0 THOMAS R HARBAUGH 10.00 X 14725 0 0 THOMAS J KNAUB 7.00 X X 14025 0 0 S EUGENE HERRITT 5.00 X X 13625 0 0 GLENN E BANGE 8.00 X X 12050 0 0 JAY E GROVE 11.00 X X 15000 0 0 Lynn Wallas 52.00 X 130137 0 68869 Joseph Cole 50.00 X 157830 0 105409 Steven Rasmussen 50.00 X 258571 0 64256 Scott Wehler 55.00 X 186823 0 93915 Marvin Snyder 55.00 X 125737 0 73537 Ronald Plank 60.00 X 165223 0 55516 Michael Ward 55.00 X 121059 0 44198 GEORGE TAUGHINBAUGH 50.00 X 118960 0 67325 Richard Redding 60.00 X 121258 0 48679 1501803 621704 12 false true false PREA 212 Locust Street Harrisburg PA 17108 Statewide Corp. Supp 470491 NRECA 4301 Wilson Boulevard Arlington VA 22203 Supporting Services 315279 NISC One Innovation Circle - Wayne Park Saint Louis MO 63367 Computer Support 397758 John R Wyles Inc RD 1 Box 14 James Creek PA 16657 Line Construction 320278 Asplundh 708 Blair Mill Road Willow Grove PA 19090 Tree Trimming 1632171 12 0 SALES OF ELECTRICITY 54913837 54913837 54913837 248963 5497 243466 0 0 723566 185 723381 723381 2599 720782 50239 50239 50239 50239 0 0 0 Support Services to MACS 65990 65990 PATRONAGE ALLOC. RECEIPTS 550790 550790 CONTRIB. IN AID OF CONSTR 239474 239474 -92383 -98383 6000 763871 56700291 55605718 80086 1014487 0 0 0 4002646 1182015 0 6305429 1395051 51713 563103 0 78513 0 0 0 0 0 0 0 0 0 0 0 0 0 3501319 0 3921532 0 DISTRIBUTION OPERATION 1169466 DISTRIBUTION MAINTENANCE 2854872 COST OF POWER 33804675 CONSUMER ACCOUNTS 1026144 ADMIN & GENERAL 1784143 -3257732 58382889 0 0 0 79713 266432 2986683 3955611 0 7762796 6845963 0 0 664597 584584 836016 821643 370628 776335 132715754 34804743 95985215 97911011 0 3617252 3518869 13727712 15592546 0 0 126030612 130272994 6826174 7208763 75223794 78602251 2902550 1573995 84952518 87385009 X 613735 617370 40464359 42270615 41078094 42887985 126030612 130272994 X -1682598 3492489 X false true true X false false 132715754 34804743 97911011 97911011 15592546 other 84951 DEFERRED CREDITS 319044 CONSUMER DEPOSITS 657001 ACCUM POSTRETIREMENT BENEFIT OBLIGATIONS 512999 1573995 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S CIAC $-239474 Conversion to cash patronage received $1696729 Income from equity investment not on 990 $0 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances noncash patronage capital allocations not revenue per IRS $1696729 Increase in Memberships $3635 Change in unrealized gain $26942 Patronage Div. paid to members' accts not expense per gaap $4002646 Change in unrealized loss $ -0 Contributions in aid of construction not revenue per gaap $ -239474 Retirement of Capital Credits $ -1997989 X X X X false false false Steven Rasmussen 199760 15000 43811 48229 16027 322827 Scott Wehler 132270 8000 46553 79538 14377 280738 Ronald Plank 126307 7500 31416 42789 12727 220739 Richard Redding 80395 7200 33663 35952 12727 169937 Michael Ward 80872 6200 33987 28171 16027 165257 Marvin Snyder 79875 7500 38362 60810 12727 199274 Lynn Wallas 102576 3500 24061 55888 12981 199006 Joseph Cole 132287 25543 92682 12727 263239 GEORGE TAUGHINBAUGH 89722 6000 23238 51298 16027 186285 Lynn Wallas ERC Loan X 4000 615 false false true S Eugene Herritt ERC Loan X 15444 5428 false false true 6043 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. The total amount for 2010 was $5,106,308 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. 990 PART I LINE 5 The actual number of employees for the calender year end 2010 was 92. The number reported on the form 140 represents the total number of W-2's that were issued by Adams Electric Cooperative during 2010. 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 11 Form 990, Part VI, Line 11: 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 -98383 3520869 1.00000 false false false false false false false false false false false false false false false true false false Adams Utility Services Company p 4001