Mission
The cooperatives mission is to provide electric service to our members at the lowest possible cost.
Executive compensation, broken down
Form 990 · Schedule J · 15 reported individuals · Filing year 2024
Manager of Operations
highest compensated employee
$233k
$251k
General Manager
officer (unspecified)
$227k
$244k
- Base
- $158k
- Bonus
- —
- Other
- —
- Benefits
- —
Foreman
highest compensated employee
$184k
$198k
Foreman
highest compensated employee
$184k
$198k
Lineman
highest compensated employee
$156k
$168k
Lineman
highest compensated employee
$135k
$145k
President
$12k
$13k
Trustee
board member
$11k
$12k
Vice President
vice president
$10k
$10k
Trustee
board member
$8k
$9k
Trustee
board member
$8k
$9k
Secretary and Treasurer
officer (unspecified)
$8k
$9k
Trustee
board member
$6k
$6k
Trustee
board member
$5k
$5k
Trustee
board member
$5k
$5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Manager of Operations highest compensated employee | — | — | — | — | $233k $251k |
General Manager officer (unspecified) | $158k | — | — | — | $227k $244k |
Foreman highest compensated employee | — | — | — | — | $184k $198k |
Foreman highest compensated employee | — | — | — | — | $184k $198k |
Lineman highest compensated employee | — | — | — | — | $156k $168k |
Lineman highest compensated employee | — | — | — | — | $135k $145k |
President | — | — | — | — | $12k $13k |
Trustee board member | — | — | — | — | $11k $12k |
Vice President vice president | — | — | — | — | $10k $10k |
Trustee board member | — | — | — | — | $8k $9k |
Trustee board member | — | — | — | — | $8k $9k |
Secretary and Treasurer officer (unspecified) | — | — | — | — | $8k $9k |
Trustee board member | — | — | — | — | $6k $6k |
Trustee board member | — | — | — | — | $5k $5k |
Trustee board member | — | — | — | — | $5k $5k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Down 5%
from 2023
From $246k in 2023 to $233k in 2024.
$246k
2023
$233k
2024
$246k
2023
$233k
2024
In today's dollarsEst.
Down 8% in real terms$272k to $251k
Estimated with BLS CPI-U for the Midwest 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 Rural Electric Cooperative Inc reported revenue and expenses across 2 filing years.
RevenueExpenses
$18.3M
$17.1M
2023
$19.9M
$19.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.