Mission
The cooperatives mission is to provide electric service to our members at the lowest possible cost.
Public Charity
Adams Rural Electric Cooperative Inc
Based in West Union, OH, Adams Rural Electric Cooperative Inc operates as a Public Charity. The organization reported $19.9M in revenue, $19.5M in expenses, $41.0M in total assets for fiscal year 2024.
EIN: 314112933
West Union, OH
Latest filing: 2024
Total Revenue$19.9M
Total Expenses$19.5M
Total Assets$41.0M
Grant Records0
Filing Years2020–2024
Where $100 goes at Adams Rural Electric Cooperative Inc
How Adams Rural Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Sale of electric to the rural area in five counties in southern Ohio
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Trustee
Blanchard Campbell
Vice President
Charles Newman
Lineman
Cody Rigdon
Trustee
David Abbott
Foreman
David Henry
President
Donald Mccarty
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $19.9M | $19.5M | $41.0M |
| 2023 | $18.3M | $17.1M | $40.6M |
| 2022 | $18.2M | $17.1M | $40.2M |
| 2021 | $17.4M | $16.1M | $40.1M |
| 2020 | $17.2M | $15.8M | $40.3M |
Between 2020 and 2024, reported annual revenue grew from $17.2M to $19.9M (+16%), with total assets most recently reported at $41.0M.
Interactive year-over-year charts and full filing details available with membership.