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ADAMS ELECTRIC COOPERATIVE
ADAMS ELECTRIC COOPERATIVE
IL · EIN 370147965
38
Executives Disclosed
$28.3M
Annual Revenue
$70.6M
Total Assets
2.1:1
Internal Pay Ratio
ADAMS ELECTRIC COOPERATIVE has 38 executives with disclosed compensation. The highest-paid executive, James Thompson (General Manager), received peak total compensation of $342,947.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| James Thompson | General Manager | $343K | $343K | 2016–2024 | 4.6x |
| Steven Jennings | Manager of Finance | $198K | $0 | 2017–2023 | 2.6x |
| Tim Brecht | Mgr Eng & Ops | $196K | $195K | 2018–2023 | 2.6x |
| Duane Jones | Line Foreman | $189K | $189K | 2017–2024 | 2.5x |
| Charles Rossiter | Design & Const Supervisor | $181K | $181K | 2019–2019 | 2.4x |
| Steve Jennings | Manager of Finance | $169K | $169K | 2018–2018 | 2.3x |
| Gary Wagner | Journeyman Lineman | $166K | $166K | 2017–2024 | 2.2x |
| Chad Reische | Design/Const Supervisor | $165K | $156K | 2018–2023 | 2.2x |
| Timothy Brecht | Mgr of Engineering | $163K | $163K | 2017–2019 | 2.2x |
| Garrett Kestner | Journeyman Lineman | $162K | $162K | 2023–2024 | 2.2x |
| Tara Neisen | Mgr of Finance & Accountin | $157K | $157K | 2023–2024 | 2.1x |
| Mike Olson | Line Foreman | $157K | $157K | 2018–2018 | 2.1x |
| Steven Fanning | Maintenance Supervisor | $157K | $157K | 2019–2019 | 2.1x |
| Nathan Smith | Line Foreman | $154K | $0 | 2020–2022 | 2.1x |
| Brennan Caspermeyer | Line Foreman | $154K | $154K | 2024–2024 | 2x |
| Austin Aschemann | Lineman | $154K | $0 | 2020–2023 | 2x |
| Cole Wellman | Journeyman Lineman | $153K | $153K | 2024–2024 | 2x |
| Michael Olson | Line Foreman | $149K | $0 | 2017–2017 | 2x |
| Logan Schutte | Lineman | $138K | $0 | 2022–2022 | 1.8x |
| Robert Willis | Treasurer | $7K | $0 | 2016–2016 | 0.1x |
| Tom Travis | Director | $6K | $0 | 2017–2021 | 0.1x |
| Jim Benz | Director | $6K | $0 | 2016–2018 | 0.1x |
| Rebecca Barlow | Director | $6K | $0 | 2016–2024 | 0.1x |
| Rex Niekamp | Director | $5K | $0 | 2021–2024 | 0.1x |
| Kris Farwell | Secretary | $5K | $0 | 2016–2021 | 0.1x |
| Laura Meyer | President | $5K | $0 | 2016–2024 | 0.1x |
| Alan Acheson | Director | $5K | $0 | 2016–2019 | 0.1x |
| Brent Clair | Director | $5K | $0 | 2019–2024 | 0.1x |
| Glen Koch | Director | $5K | $0 | 2021–2024 | 0.1x |
| John Kestner | Director | $5K | $0 | 2016–2016 | 0.1x |
| Eric Ewing | Director | $5K | $0 | 2019–2024 | 0.1x |
| Thomas Travis | Secretary | $5K | $0 | 2022–2024 | 0.1x |
| James Ward | Treasurer | $4K | $0 | 2022–2024 | 0.1x |
| Roger Busen | President | $4K | $0 | 2016–2021 | 0x |
| James Benz | Director | $4K | $0 | 2019–2021 | 0x |
| Kristina Farwell | Vice-President | $4K | $0 | 2022–2024 | 0x |
| Jim Ward | Director | $3K | $0 | 2017–2021 | 0x |
| Lyle Waner | Director | $3K | $0 | 2016–2019 | 0x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 10 | $248K | $248K | $248K |
| 2017 | 15 | $258K | $258K | $258K |
| 2018 | 16 | $190K | $272K | $761K |
| 2019 | 17 | $187K | $266K | $935K |
| 2020 | 16 | $181K | $284K | $1.3M |
| 2021 | 18 | $213K | $308K | $851K |
| 2022 | 16 | $217K | $320K | $869K |
| 2023 | 17 | $223K | $318K | $669K |
| 2024 | 16 | $189K | $343K | $1.3M |
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