Adams-columbia Electric Co-op
501(c)(12)
Strong reserves
Adams-columbia Electric Co-op is a 501(c)(12) organization based in Friendship, Wisconsin, registered in 1942, with $85,047,672 in FY2024 revenue.
Po Box 70, Friendship, WI, 53934 EIN 39-0121840 Since 1942
Revenue (FY2024)
$85.0M
▼ 1.4% vs prior year
Expenses (FY2024)
$84.8M
Net assets
$115.5M
Employees
88
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adams-columbia Electric Co-op— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adams-columbia Electric Co-op: 16 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Adams-columbia Electric Co-op: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adams-columbia Electric Co-op: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To supply electricity to its members.
Contact & location
- Address
- Po Box 70, Friendship, WI, 53934
- City
- Friendship
- State
- Wisconsin
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $63.4M (FY2013) to $85.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $146.3MNet assets $115.5M
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$261.8M
Total liabilities
$146.3M
Net assets
$115.5M
Salaries & benefits
$365K
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,047,672▼1.4% | $84,830,624▼1.5% | $115,540,107▲4.1% | $261,819,626▲2.6% | 990 |
| 2023 | $86,231,995▼6.1% | $86,095,341▼6.0% | $110,986,007▼0.6% | $255,167,724▲3.0% | 990 |
| 2022 | $91,789,305▲18.5% | $91,638,180▲23.1% | $111,606,910▲1.0% | $247,710,585▲0.2% | 990 |
| 2021 | $77,428,375▲6.3% | $74,427,444▲4.1% | $110,510,176▲8.4% | $247,246,792▲0.9% | 990 |
| 2020 | $72,859,526▲1.1% | $71,467,980▲0.9% | $101,904,908▲8.4% | $244,964,597▲3.8% | 990 |
| 2019 | $72,066,327▼1.2% | $70,848,800▼0.8% | $93,984,342▲5.5% | $235,969,782▲0.5% | 990 |
| 2018 | $72,914,501▲3.9% | $71,394,954▲1.8% | $89,125,451▲7.6% | $234,841,788▲14.9% | 990 |
| 2017 | $70,165,188▲3.9% | $70,165,188▲3.9% | $82,839,460▲5.2% | $204,313,161▲12.0% | 990 |
| 2016 | $67,502,746▲2.9% | $67,502,746▲3.5% | $78,720,991▲3.5% | $182,346,606▲1.3% | 990 |
| 2015 | $65,593,989▼4.9% | $65,205,120▼4.4% | $76,072,479▲1.0% | $180,047,376▲2.4% | 990 |
| 2014 | $68,994,656▲8.8% | $68,212,925▲8.9% | $75,300,356▲4.6% | $175,744,234▲1.6% | 990 |
| 2013 | $63,420,526 | $62,638,515▲2.8% | $71,998,336▲4.2% | $173,018,460▼0.5% | 990 |
| 2012 | — | $60,920,763▲0.7% | $69,076,747▲4.3% | $173,802,470▲1.1% | 990 |
| 2011 | — | $60,469,204▲9.2% | $66,198,839▲3.7% | $171,868,797▲0.2% | 990 |
| 2010 | — | $55,357,347 | $63,853,881 | $171,534,956 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jon Congdon — $212,338 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jon Congdon | General Mana | 45 | $212,338 |
| Elizabeth Hendricksen | Fin Manager | 44 | $162,987 |
| Joshua Berger | Oper & Engr | 47 | $156,854 |
| Ryan Yonke | Journeyman L | 52 | $154,341 |
| Mindy Kerska | Mem Svcs/tra | 40 | $153,674 |
| Brian Salm | Journeyman L | 51 | $147,642 |
| Kendal Nichols | Ex Director | — | $26,174 |
| Marjorie Colby | Ex Director | — | $16,444 |
| Aaron Hoernke | Director - C | 5 | $11,650 |
| Gary Skolarz | Director - S | 5.9 | $11,400 |
| Renee Wendt | Director | 3.5 | $8,375 |
| Jon Ebert | Director | 3.9 | $8,300 |
| Adam Jones | Director - T | 3.5 | $7,550 |
| Aaron Bonnett | Director | 2.1 | $6,425 |
| Derek Alexander | Director (ma | 5.8 | $4,800 |
| Ethan Olson | Vice Chair ( | 5 | $3,050 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mj Electric | Ele Cont Sub | $1,553,775 |
| Zielie Tree Service Inc | Line Clearance | $1,413,355 |
| J & R Underground LLC | Install Undergr | $765,237 |
| Allen Steele Co Inc | Install Undergr | $726,876 |
| Vannguard Utility Partners Inc | Location Serv | $664,359 |
Frequently asked questions
- Is Adams-columbia Electric Co-op a legitimate nonprofit?
- Yes. Adams-columbia Electric Co-op is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 39-0121840, based in Friendship, Wisconsin.
- What is Adams-columbia Electric Co-op's EIN?
- Adams-columbia Electric Co-op's Employer Identification Number (EIN) is 39-0121840.
- How much revenue does Adams-columbia Electric Co-op report?
- Adams-columbia Electric Co-op reported $85,047,672 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Adams-columbia Electric Co-op's highest-paid employee make?
- The highest reported compensation on Adams-columbia Electric Co-op's latest Form 990 is $212,338, paid to Jon Congdon (General Mana).
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Data for Adams-columbia Electric Co-op (EIN 39-0121840) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.