Adams Columbia Electric Co Op

Friendship, WI
Tax-exempt since Nov. 1942
EIN: 39-0121840

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$86.2M (2023)

Expenses

$86.1M (2023)

Total Assets

$255M (2023)

Total Liabilities

$144M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$86,231,995

Expenses

$86,095,341

Net Income

$136,654

Net Assets

$110,986,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$83,779,419	97.2%
Investment Income	$403,099	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$782,917	0.9%
Net Inventory Sales	$42,536	0.0%
Other Revenue	$1,224,024	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$383,887	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$255,167,724
Total Liabilities	$144,181,717
Net Assets	$110,986,007

Club or Co-Op Income
Income From Members	$85,503,579
Income From Other Sources	$8,136,575

Compensation

Key Employees and Officers	Compensation	Related	Other
John West (General Mana)	$250,765	$0	$70,497
Jon Congdon (General Mana)	$182,383	$0	$78,232
Elizabeth Hendricksen (Fin Manager)	$154,115	$0	$47,697
Mindy Kerska (Mem Svcs/Tra)	$148,311	$0	$47,741
Shawn Pietrzak (Oper Supervi)	$137,969	$0	$40,184
Joshua Berger (Oper & Engr)	$134,232	$0	$55,025
Kendal Nichols (Ex Director)	$20,647	$0	$35,099
Marjorie Colby (Ex Director)	$14,283	$0	$9,609
Aaron Hoernke (Director C)	$14,250	$0	$0
Gary Skolarz (Director S)	$9,600	$0	$0
Aaron Bonnett (Director)	$8,400	$0	$0
Jon Ebert (Director)	$7,350	$0	$0
Ethan Olson (Director Vi)	$7,050	$0	$0
Adam Jones (Director T)	$6,975	$0	$0
Renee Wendt (Director (Ma)	$6,100	$0	$0
James Kelly (Director (Ja)	$2,900	$0	$0

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990

Filed on Sept. 10, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$91,789,305

Expenses

$91,638,180

Net Income

$151,125

Net Assets

$111,606,910

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$86,300,235	94.0%
Investment Income	$460,608	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,903,220	4.3%
Net Inventory Sales	$41,363	0.0%
Other Revenue	$1,083,879	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$370,909	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$247,710,585
Total Liabilities	$136,103,675
Net Assets	$111,606,910

Club or Co-Op Income
Income From Members	$88,835,959
Income From Other Sources	$13,110,190

Compensation

Key Employees and Officers	Compensation	Related	Other
John West (General Mana)	$249,708	$0	$44,776
Jon Congdon (Operations M)	$157,248	$0	$77,582
Elizabeth Hendricksen (Fin Manager)	$147,717	$0	$45,918
Mindy Kerska (Mem Svcs/Tra)	$141,818	$0	$51,987
Steven Lois (Journeyman L)	$129,887	$0	$69,871
Shawn Pietrzak (Oper Supervi)	$129,794	$0	$68,361
Kendal Nichols (Ex Director)	$24,001	$0	$41,972
Aaron Hoernke (Director C)	$15,425	$0	$0
Marjorie Colby (Ex Director)	$12,855	$0	$9,137
Gary Skolarz (Director S)	$11,775	$0	$0
Jon Ebert (Director)	$11,125	$0	$0
Adam Jones (Director)	$10,525	$0	$0
James Kelly (Director T)	$9,375	$0	$0
Ethan Olson (Director Vi)	$9,175	$0	$0
Aaron Bonnett (Director)	$9,025	$0	$0

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990

Filed on May 12, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$77,428,375

Expenses

$74,427,444

Net Income

$3,000,931

Net Assets

$110,510,176

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$74,084,078	95.7%
Investment Income	$327,112	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,794,396	2.3%
Net Inventory Sales	$24,351	0.0%
Other Revenue	$1,198,438	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$488,767	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$247,246,792
Total Liabilities	$136,736,616
Net Assets	$110,510,176

Club or Co-Op Income
Income From Members	$75,849,247
Income From Other Sources	$6,794,440

Compensation

Key Employees and Officers	Compensation	Related	Other
John West (General Mana)	$246,263	$0	$175,429
Elizabeth Hendricksen (Fin Manager)	$140,503	$0	$35,790
Mindy Kerska (Member Servi)	$139,566	$0	$49,520
Jon Congdon (Asst Operati)	$139,438	$0	$62,792
Shawn Pietrzak (Oper Supervi)	$126,242	$0	$67,349
Joshua Berger (Oper Supervi)	$122,573	$0	$50,842
Kendal Nichols (Ex Director)	$22,654	$0	$27,969
Marjorie Colby (Ex Director)	$13,753	$0	$19,010
Aaron Hoernke (Director C)	$11,100	$0	$0
Gary Skolarz (Director S)	$8,500	$0	$0
Jon Ebert (Director)	$7,975	$0	$0
Aaron Bonnett (Director)	$7,575	$0	$0
Ethan Olson (Director Vi)	$7,575	$0	$0
James Kelly (Director T)	$7,475	$0	$0
Cheri Gibeaut Jan May (Director)	$5,400	$0	$0
Gene Alexander Jan May (Director)	$4,200	$0	$0
Dietrich Vedder Jan May (Director)	$3,975	$0	$0
Adam Jones May Dec (Director)	$3,300	$0	$0

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990

Filed on Nov. 4, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$72,859,526

Expenses

$71,467,980

Net Income

$1,391,546

Net Assets

$101,904,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$71,453,059	98.1%
Investment Income	$327,108	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$196,970
Net Inventory Sales	$18,824	0.0%
Other Revenue	$1,257,505	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$358,353	0.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$244,964,597
Total Liabilities	$143,059,689
Net Assets	$101,904,908

Club or Co-Op Income
Income From Members	$72,808,083
Income From Other Sources	$4,330,953

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Porter (Frmr General)	$228,887	$0	$70,766
Raymond Roberts (Support Serv)	$155,460	$0	$87,185
John W Gessner (Operations M)	$153,340	$0	$90,616
Mindy Kerska (Member Servi)	$128,640	$0	$56,960
Jon Congdon (Asst Operati)	$126,932	$0	$57,207
Shawn Pietrzak (Oper Supervi)	$126,364	$0	$71,161
Kendal Nichols (Ex Director)	$18,749	$0	$36,975
Marjorie Colby (Ex Director)	$10,256	$0	$8,591
Cheri Gibeaut (Director S)	$8,700	$0	$0
Aaron Hoernke (Director C)	$7,950	$0	$0
Gene Alexander (Director)	$6,950	$0	$0
Ethan Olson (Director)	$6,350	$0	$0
Jon Ebert (Director)	$6,100	$0	$0
Dietrich Vedder (Director Vic)	$5,450	$0	$0
Aaron Bonnett New 2020 (Director)	$3,600	$0	$0
James Kelly New 2020 (Director T)	$3,600	$0	$0
Karen Fahey End 2020 (Director)	$3,600	$0	$0
Gary Skolarz New 2020 (Director)	$3,350	$0	$0
Scott Link End 2020 (Director)	$3,050	$0	$0

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990

Filed on May 14, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$72,066,327

Expenses

$70,848,800

Net Income

$1,217,527

Net Assets

$93,984,342

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$70,449,453	97.8%
Investment Income	$365,176	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$9,889
Net Inventory Sales	$49,129	0.1%
Other Revenue	$1,212,458	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$672,206	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$235,969,782
Total Liabilities	$141,985,440
Net Assets	$93,984,342

Club or Co-Op Income
Income From Members	$71,488,446
Income From Other Sources	$2,724,621

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Porter (General Mana)	$242,232	$0	$67,823
John E West (Cfo)	$156,649	$0	$91,244
Jon E Gessner (Operation Ma)	$145,256	$0	$80,715
Raymond Roberts (Support Serv)	$138,326	$0	$72,427
Jerry Reuterskiold (Sales & Serv)	$135,988	$0	$64,152
Steve Lois (Journeyman L)	$122,957	$0	$52,314
Jon Congdon (Operations A)	$116,853	$0	$50,151
Marjorie Colby End 2019 (Director)	$17,203	$0	$0
Cheri Gibeaut (Director C)	$12,200	$0	$0
Karen Fahey (Director Se)	$12,150	$0	$0
Gene Alexander (Director)	$12,029	$0	$0
Scott Link (Director Tre)	$11,750	$0	$0
Ken Nichols (Director)	$11,500	$0	$0
Dietrich Vedder (Director Vic)	$8,915	$0	$0
Lawrence Becker End 2019 (Director)	$8,398	$0	$0
Patrick Connolly End 2019 (Director)	$6,613	$0	$0
Aaron Hoernke Start 2019 (Director)	$5,100	$0	$0
John Ebert Start 2019 (Director)	$4,400	$0	$0
Ethan Olson Start 2019 (Director)	$4,000	$0	$0

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990

Filed on May 15, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$72,914,501

Expenses

$72,914,501

Net Income

Net Assets

$89,125,451

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$71,010,887	97.4%
Investment Income	$339,810	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$13,800
Net Inventory Sales	-$43,545
Other Revenue	$1,621,149	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$721,887	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$234,841,788
Total Liabilities	$145,716,337
Net Assets	$89,125,451

Club or Co-Op Income
Income From Members	$72,078,501
Income From Other Sources	$2,240,281

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Porter (Ceo)	$257,869	$0	$68,966
John E West (Cfo)	$151,526	$0	$75,338
Raymond Roberts (Support Serv)	$145,158	$0	$61,329
Jon W Gessner (Operation Ma)	$143,909	$0	$79,504
Jon Congdon (Operations A)	$142,845	$0	$49,433
Kevin Wegner (Technical Se)	$118,597	$0	$34,995
Mindy Kerska (Member Serv)	$116,529	$0	$43,479
Scott Parr Ended 43018 (Director T)	$61,448	$0	$0
Karen Fahey (Director)	$15,278	$0	$0
Ken Nichols (Director P)	$14,250	$0	$0
Lawrence Becker (Vice Chairma)	$14,150	$0	$0
Cheri Gibeaut (Director S)	$13,525	$0	$0
Patrick Connolly (Director)	$13,300	$0	$0
Carolyn Moon Ended 2017 (Ex Directo)	$13,126	$0	$0
Gene Alexander (Director)	$12,650	$0	$0
Marjorie Colby (Director)	$10,650	$0	$0
Scott Link (Director)	$9,450	$0	$0
Diedrich Vedder Started 5118 (Director)	$8,300	$0	$0

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990

Filed on May 15, 2020

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Fiscal Year Ending Dec.
2017

Revenue

$70,165,188

Expenses

$70,165,188

Net Income

Net Assets

$82,839,460

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$68,836,259	98.1%
Investment Income	$335,310	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$10,809
Net Inventory Sales	-$24,297
Other Revenue	$1,028,725	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$661,665	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$204,313,161
Total Liabilities	$121,473,701
Net Assets	$82,839,460

Club or Co-Op Income
Income From Members	$70,214,304
Income From Other Sources	$2,433,549

Compensation

Key Employees and Officers	Compensation	Related	Other
Jay Porter (Ceo)	$265,103	$0	$69,270
John E West (Cfo)	$142,486	$0	$54,948
Jon W Gessner (Operation Ma)	$136,823	$0	$74,798
Raymond Roberts (Support Serv)	$122,039	$0	$57,114
Mindy Kerska (Member Serv)	$113,172	$0	$37,422
Kenneth Miller (Trans & Safe)	$111,263	$0	$49,405
Ryan Yonke (Lineman)	$107,774	$0	$6,053
Cheri Gibeaut (Director S)	$18,694	$0	$0
Lawrence Becker (Vice Chairma)	$18,464	$0	$0
Karen Fahey (Director)	$13,099	$0	$0
Patrick Connolly (Director)	$12,186	$0	$0
Gene Alexander (Director)	$11,546	$0	$0
Scott Link (Director)	$11,153	$0	$0
Marjorie Colby (Director)	$10,432	$0	$3,500
Scott Parr (Director T)	$9,073	$0	$0
Alan Kelsey (Director)	$4,229	$0	$0
Ken Nichols (Chairman)	$1,919	$0	$13,950
Carolyn Moon (Director)	$1,613	$0	$0

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990

Filed on Aug. 16, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$67,502,746

Expenses

$67,502,746

Net Income

Net Assets

$78,720,991

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$66,511,576	98.5%
Investment Income	$301,141	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$5,018
Net Inventory Sales	-$181,071
Other Revenue	$876,118	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,807,287	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$182,346,606
Total Liabilities	$103,625,615
Net Assets	$78,720,991

Club or Co-Op Income
Income From Members	$67,856,857
Income From Other Sources	$1,517,362

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Hillert Jr (Ceo)	$796,613	$0	$18,129
Charles Spargo (Coo)	$170,813	$0	$122,768
John E West (Cfo)	$134,132	$0	$55,676
Jon W Gessner (Operation Ma)	$133,853	$0	$86,987
Jay Porter (Ceo)	$131,574	$0	$35,881
Raymond Roberts (Support Serv)	$117,939	$0	$61,995
Jason D Hooker (Lineman)	$113,385	$0	$14,431
Kenneth Miller (Trans & Safe)	$108,557	$0	$51,005
Mindy Kerska (Member Serv)	$106,902	$0	$31,884
Lawrence Becker (Vice Chairma)	$35,880	$0	$0
Karen Fahey (Director)	$26,721	$0	$0
Cheri Gibeaut (Director S)	$22,869	$0	$0
Gene Alexander (Director)	$20,499	$0	$0
Patrick Connolly (Director)	$20,361	$0	$0
Scott Link (Director)	$18,309	$0	$0
Marjorie Colby (Director)	$17,016	$0	$5,500
Scott Parr (Director T)	$16,234	$0	$0
Alan Kelsey (Director)	$15,941	$0	$0
Carolyn Moon (Direcotor)	$10,919	$0	$0
Ken Nichols (Chairman)	$3,614	$0	$17,200

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990

Filed on Aug. 1, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$65,593,989

Expenses

$65,205,120

Net Income

$388,869

Net Assets

$76,072,479

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$64,715,956	98.7%
Investment Income	$307,492	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$851
Net Inventory Sales	-$169,304
Other Revenue	$740,696	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,016,382	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$180,047,376
Total Liabilities	$103,974,897
Net Assets	$76,072,479

Club or Co-Op Income
Income From Members	$66,058,265
Income From Other Sources	$1,722,874

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Hillert Jr (Ceo)	$315,011	$0	$270,953
Charles Spargo (Coo)	$170,992	$0	$107,240
Jon W Gessner (Operation Ma)	$129,446	$0	$85,695
John E West (Chief Financ)	$126,297	$0	$60,664
Raymond Roberts (Support Serv)	$112,790	$0	$55,200
Kenneth Miller (Trans & Safe)	$103,521	$0	$46,407
Jason D Hooker (Lineman)	$102,856	$0	$13,510
Lawrence Becker (Vice Chairma)	$29,750	$0	$0
Cheri Gibeaut (Director S)	$21,650	$0	$0
Karen Fahey (Director)	$21,500	$0	$0
Patrick Connolly (Director)	$18,800	$0	$0
Gene Alexander (Director)	$17,500	$0	$0
Alan Kelsey (Director)	$17,500	$0	$0
Scott Link (Director)	$15,000	$0	$0
Carolyn Moon (Director)	$14,000	$0	$0
Scott Parr (Director T)	$13,500	$0	$500
Marjorie Colby (Director)	$8,350	$0	$11,650
Kendal Nichols (Chairman)	$3,250	$0	$16,900

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990

Filed on May 11, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$68,994,656

Expenses

$68,212,925

Net Income

$781,731

Net Assets

$75,300,356

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$67,929,380	98.5%
Investment Income	$334,484	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$5,762
Net Inventory Sales	-$188,511
Other Revenue	$925,065	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$970,073	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$175,744,234
Total Liabilities	$100,443,878
Net Assets	$75,300,356

Club or Co-Op Income
Income From Members	$68,861,556
Income From Other Sources	$2,486,881

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Hillert Jr (Ceo)	$303,664	$0	$255,117
Charles Spargo (Coo)	$164,056	$0	$77,758
Jon W Gessner (Operation Ma)	$130,772	$0	$75,434
John E West (Chief Financ)	$124,489	$0	$47,714
Keith Weyh (Operation Su)	$106,434	$0	$29,935
Raymond Roberts (Member Servi)	$106,241	$0	$43,945
Kenneth Miller (Trans & Safe)	$102,732	$0	$37,740
Jason D Hooker (Lineman)	$102,462	$0	$11,753
Lawrence Becker (Dir Vice Ch)	$33,050	$0	$0
Cheri Gibeaut (Director S)	$22,460	$0	$0
Karen Fahey (Director)	$19,250	$0	$0
Gene Alexander (Director)	$18,450	$0	$0
Marjorie Colby (Director)	$18,400	$0	$0
Kendal Nichols (Director C)	$17,100	$0	$0
Carolyn Moon (Director)	$16,950	$0	$0
Patrick Connolly (Director)	$16,500	$0	$0
Alan Kelsey (Director)	$14,650	$0	$0
Scott Link (Director)	$12,600	$0	$0
Scott Parr (Director T)	$12,500	$0	$0

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990

Filed on May 13, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$63,420,526

Expenses

$62,638,515

Net Income

$782,011

Net Assets

$71,998,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,784,041	97.4%
Investment Income	$927,273	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$10,648
Net Inventory Sales	-$216,610
Other Revenue	$936,470	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$822,072	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$173,018,460
Total Liabilities	$101,020,124
Net Assets	$71,998,336

Club or Co-Op Income
Income From Members	$62,333,617
Income From Other Sources	$3,154,884

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Martin A Hillert Jr (Chief Executive Officer)	$278,938	$0	$204,612
Charles Spargo (Chief Operatiing Officer)	$148,294	$0	$85,313
Jon W Gessner (Operation Manager)	$117,781	$0	$86,406
John E West (Chief Financial Officer)	$116,378	$0	$57,193
Keith Weyh (Operation Support Manager)	$105,335	$0	$103,687
Raymond Roberts (Member Service Manager)	$102,845	$0	$52,048
Jason D Hooker (Lineman)	$100,827	$0	$14,186
Lawrence Becker (Director)	$31,400	$0	$0
Cheri Gibeaut (Director Secretary)	$23,450	$0	$0
Alan Kelsey (Director)	$19,050	$0	$0
Marjorie Colby (Director)	$18,600	$0	$0
Kendal Nichols (Director President)	$17,250	$0	$0
Gene Alexander (Director Vice President)	$16,410	$0	$0
Patrick Connolly (Director)	$16,200	$0	$0
Carolyn Moon (Director)	$15,510	$0	$0
Scott Parr (Director Treasurer)	$13,500	$0	$0
Scott Link (Director)	$13,050	$0	$0
Walter Petersen Jr (Director)	$9,900	$0	$0
Karen Fahey (Director)	$1,800	$0	$0

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990

Filed on May 1, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$61,683,178

Expenses

$60,920,763

Net Income

$762,415

Net Assets

$69,076,747

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$60,027,375	97.3%
Investment Income	$943,083	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,378	0.0%
Net Inventory Sales	-$198,025
Other Revenue	$900,367	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$772,706	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$173,802,470
Total Liabilities	$104,725,723
Net Assets	$69,076,747

Club or Co-Op Income
Income From Members	$60,682,093
Income From Other Sources	$3,044,776

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$61,282,146

Expenses

$60,469,204

Net Income

$812,942

Net Assets

$66,198,839

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$59,583,019	97.2%
Investment Income	$971,420	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$6,146
Net Inventory Sales	-$210,907
Other Revenue	$944,760	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$749,105	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$171,868,797
Total Liabilities	$105,669,958
Net Assets	$66,198,839

Club or Co-Op Income
Income From Members	$59,947,635
Income From Other Sources	$3,564,861

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Adams Columbia Electric Co Op

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $86.2M (2023)

Expenses $86.1M (2023)

Total Assets $255M (2023)

Total Liabilities $144M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Revenue

$86.2M (2023)

Expenses

$86.1M (2023)

Total Assets

$255M (2023)

Total Liabilities

$144M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004