Public Charity

Adams Electric Cooperative

Adams Electric Cooperative is a nonprofit organization categorized as Public Charity based in Camp Point, IL. Its most recent IRS filing (2025) reports revenue of $30.9M, expenses of $30.9M, total assets of $74.2M.

EIN: 370147965 Camp Point, IL Latest filing: 2025
Total Revenue$30.9M
Total Expenses$30.9M
Total Assets$74.2M
Grant Records0
Filing Years2021–2025

Mission

To provide electric energy to our members on a cooperative basis

Where $100 goes at Adams Electric Cooperative

How Adams Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
Provide electric energy to cooperative members
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Mgr Engineering & Ops Alexander Mossman
Journeyman Lineman Austin Aschemann
Line Foreman Brennan Caspermeyer
Director Brent Clair
Design/Const Super Chad Reische
Journeyman Lineman Cole Wellman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $30.9M $30.9M $74.2M
2024 $28.3M $28.3M $70.6M
2023 $28.1M $28.1M $68.4M
2022 $26.6M $26.6M $65.4M
2021 $25.0M $25.0M $62.0M

Between 2021 and 2025, reported annual revenue grew from $25.0M to $30.9M (+24%), with total assets most recently reported at $74.2M.

Interactive year-over-year charts and full filing details available with membership.

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