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Filing year 2024

ADAMS ELECTRIC COOPERATIVE INC

Gettysburg, Pennsylvania·EIN 23-0329885·12
Total revenue
$83.5M
Total assets
$256.3M
Total expenses
$86M
Reported officers
17
Mission

ADAMS ELECTRIC COOPERATIVE PROVIDES SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO OUR MEMBERS

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

$721k
$779k
Base
$504k
Bonus
$20k
Other
$67k
Benefits
$17k
Manager Oper
highest compensated employee
$339k
$366k
Base
$196k
Bonus
$2k
Other
$21k
Benefits
$29k
Mgr Eng/mech
highest compensated employee
$289k
$312k
Base
$191k
Bonus
Other
$26k
Benefits
$27k
Mgr Legal Se
highest compensated employee
$287k
$310k
Base
$201k
Bonus
Other
$22k
Benefits
$14k
Mgr Eng/elec
highest compensated employee
$270k
$292k
Base
$187k
Bonus
Other
$36k
Benefits
$5k
Mgr HR
highest compensated employee
$269k
$291k
Base
$185k
Bonus
Other
$15k
Benefits
$34k
Manager Safe
officer (unspecified)
$260k
$280k
Base
$178k
Bonus
Other
$17k
Benefits
$28k
$31k
$33k
Secretary
officer (unspecified)
$28k
$30k
Vice Preside
vice president
$27k
$29k
Treasurer
officer (unspecified)
$25k
$27k
Director
board member
$24k
$26k
Director
board member
$23k
$25k
Director
board member
$21k
$23k
Director
board member
$20k
$21k
Director
board member
$9k
$10k
Director
board member
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 10%
from 2023

From $654k in 2023 to $721k in 2024.

$654k
2023
$721k
2024
In today's dollarsEst.
Up 7% in real terms$730k to $779k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ADAMS ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$78.4M
$79.6M
2023
$83.5M
$86M
2024
Total revenue and total expenses from IRS Form 990 filings.
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