Overview
What is Adams Rural Electric Cooperative Inc?
Adams Rural Electric Cooperative Inc is a nonprofit organization based in West Union, Ohio. Their primary focus is on delivering electric services to rural communities in five counties of southern Ohio. The cooperative is dedicated to providing affordable electric service to its members, as stated in their mission to serve at the lowest possible cost. The organization employs a team of 27 individuals to ensure efficient and reliable electric service to their community.
Official website here: www.adamsrec.com
What do the Facebook reviews say about Adams Rural Electric Cooperative Inc?
70% of 23 reviewers on Facebook recommend Adams Rural Electric Cooperative Inc. Here is a summary of their reviews:
Several customers express dissatisfaction with the reliability of the power supply, citing multiple power outages within a short time frame. One notable reviewer mentioned experiencing outages twice in a month, which raises concerns about the overall service quality. The sentiment surrounding the electric cooperative appears to be mixed, with some customers feeling frustrated by the frequency of outages.
While there may be a portion of users who find some value in the services offered, the recurring issues with power reliability indicate that there are significant areas for improvement. Hence, many express a desire for enhanced service and more effective response to outages.
This AI summary has been generated from reviews found on Facebook.
Is Adams Rural Electric Cooperative Inc legitimate?
Adams Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Adams Rural Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $977,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,203
For more financial information, click here
Official website here: www.adamsrec.com
What is the mission statement of Adams Rural Electric Cooperative Inc?
Adams Rural Electric Cooperative Inc is dedicated to delivering electric services to its member community at the most affordable price. The cooperative's mission is centered around ensuring access to electricity at the lowest possible cost. By focusing on affordability, the cooperative prioritizes the needs and budgets of its members. The sales of electric energy extend to rural areas in five counties, making a significant impact on the lives of its customers. Adams Rural Electric Cooperative Inc remains committed to offering affordable electric services, providing essential energy for daily life and powering economic growth within its community.
Official website here: www.adamsrec.com
Who is the CEO of Adams Rural Electric Cooperative Inc?
Erika J Ackley is the Principal Officer of Adams Rural Electric Cooperative Inc.
Official website here: www.adamsrec.com
What is the revenue of Adams Rural Electric Cooperative Inc?
Adams Rural Electric Cooperative Inc's revenue in 2022 was $18,174,264.
Official website here: www.adamsrec.com
Who are the executives of Adams Rural Electric Cooperative Inc and what are their salaries?
The average compensation at Adams Rural Electric Cooperative Inc during 2022 was $58,710. There are 27 employees at Adams Rural Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $153,353
- Related: $0
- Other: $74,899
- Compensation: $191,132
- Related: $0
- Other: $20,937
- Compensation: $101,607
- Related: $0
- Other: $66,404
- Compensation: $101,902
- Related: $0
- Other: $60,002
- Compensation: $104,261
- Related: $0
- Other: $54,167
- Compensation: $7,400
- Related: $0
- Other: $3
- Compensation: $7,290
- Related: $0
- Other: $6
- Compensation: $6,900
- Related: $0
- Other: $4
- Compensation: $6,505
- Related: $0
- Other: $6
- Compensation: $6,400
- Related: $0
- Other: $6
- Compensation: $6,210
- Related: $0
- Other: $6
- Compensation: $3,850
- Related: $0
- Other: $2
- Compensation: $3,100
- Related: $0
- Other: $6
- Compensation: $1,600
- Related: $0
- Other: $2
Official website here: www.adamsrec.com
Where can I find the form 990 for Adams Rural Electric Cooperative Inc?
Adams Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adamsrec.com
Learn more at the official website: www.adamsrec.com
Mission Statement of Adams Rural Electric Cooperative Inc
Adams Rural Electric Cooperative Inc is a mission-driven organization committed to delivering electric services to its members at the most affordable price point. The cooperative's primary goal is to ensure that every household in its network enjoys uninterrupted access to electricity while keeping costs as low as possible.
Established with a strong sense of community, Adams Rural Electric Cooperative Inc has dedicated itself to providing essential electric services to rural communities in five counties in southern Ohio. By prioritizing affordability and reliability, the cooperative has forged a reputation as a trusted provider within the regions it serves.
Through its unwavering commitment to its members, Adams Rural Electric Cooperative Inc has become a vital lifeline for the rural communities it serves. By focusing on cost efficiency and effective energy management, the cooperative ensures that its members receive high-quality electric services without incurring undue financial burden. As a result, the cooperative has built a loyal following and a strong reputation for its dedication to keeping costs low while delivering consistent power to its members.
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Impact
October, 2024
Adams Rural Electric Cooperative Inc significantly impacts the communities it serves by delivering affordable electricity to rural areas in five counties in southern Ohio. By focusing on providing electric service at the lowest possible cost, the cooperative helps to ensure that residents and businesses have access to reliable energy necessary for daily activities and economic growth. This commitment not only supports individual households but also fosters community development, enabling local economies to thrive. Additionally, the cooperative's operations enhance energy accessibility in areas that may otherwise struggle with high utility costs, thereby promoting a better quality of life for its members.
This information is meant to be a general summary of Adams Rural Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,848
- Program Service Revenue: $18,156,416
- Gross Receipts: $18,174,264
Assets and Liabilities:
- Total Assets: $40,215,712
- Total Liabilities: $17,906,881
- Net Assets: $22,308,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Sales
Revenue
$17,360,699
Pole Rental
Revenue
$197,125
Patronage Capital Credits
Revenue
$598,592
Organization Details
Founding Year
1940
Phone
(937) 544-2305Principal Officer
Erika J Ackley
Main Address
PO Box 247, West Union, OH, 45693
Website
www.adamsrec.comNTEE Category
Code: W80 - Public benefit
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