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Page 1: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

Annual Report 2017Vol. 66, No. 9

Page 2: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

The September issue of the Adams Outlet contains the Annual Report of your Cooperative. According to the Cooperative’s Bylaws and Articles of Incorporation for not-for-profit organizations, we are legally required to conduct an Annual Meeting of Members. The extra activities at the Annual Meeting are intended to encourage attendance. Your Annual Meeting is a balance of business and pleasure. Your Board of Directors wants you to be well informed. We believe this 2016 Annual Report will

Adams OutletVol. 66, Number 9

In This Issue

Adams Outlet (USPS 005-220) is published monthly for $2.00 per year by Adams Electric Cooperative, 700 E. Wood, Camp Point, Illinois 62320. Periodical postage paid at Camp Point, Illinois and at additional mailing offices. POSTMASTER: Send address changes to Adams Outlet, P.O. Box 247, Camp Point, Illinois 62320.

Find your account #One account # is hidden in this issue.

If it’s yours, call us and you’ll receive a $10 bill credit.

* Credit must be claimed by September 30, 2017.

Entertainment by

This institution is an equal opportunity provider.

Pursuant to the provisions of the Bylaws, notice is hereby given that the Annual Meeting of Members of the Adams Electric Cooperative will be held at Bailey Park in Camp Point, beginning at 7:00 p.m. CDST, Wednesday, September 6, 2017 to take action upon the following matters:

To receive the reports of officers, directors and committees.The election of three directors to serve three-year terms, or until their successors are elected and qualified.

Dated this 15th day of August 2017.

Becky Barlow, Secretary, Adams Electric Cooperative

Official Meeting Notice

2 • Adams Outlet • Annual Report • September 2017

give you a summary of the past year’s business activity. In order to keep the business meeting progressing, copies of minutes, reports and other business items are printed in the Annual Report rather than presented from the platform. Please review this report at your convenience and bring it to the Annual Meeting for reference. The Member registration card, on the back cover, will be used in drawing for prizes.

Activities for kids

Over 30 Vendor Booths

Bounce House

FacePainting

Ring Toss

...with our ownJourneyman LinemanChad Reische as drummer!

Page 3: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

A few of the door prizes include:$50 Lowe’s Gift Card & $50 Home Depot Gift Card - Powerline SupplyFive lb. Jug of Honey & Two Containers of Honey Comb - Andrew Honey Farm$25 worth of merchandise - Air Med Care NetworkBasket of Books - Clayton Public LibraryLeggings - LulaRue$25 Gift Card - Golden Bridges, Inc.Embroidered Towel & Cups- Adams Co. 4-H FoundationTwo Hand Duster Cloths - Eco Easy ProductsCups - Press Yours On You

September 2017 • Adams Outlet • Annual Report • 3

3:00 p.m. Adams Electric’s office closes early.

4:30-6:45 p.m. Registration, Dinner, Entertainment & Activities

Register at the tent to receive your meal tickets. Browse over 30 vendor booths. Listen to Spunky Bottom Girls perform. Children will enjoy shaved ice, bounce houses, face painting, and more!

7:00 p.m. Business Meeting & Door Prizes

1st Grand Prize Drawing* Call to Order ~ Lyle Waner, President Invocation ~ Local Pastor Pledge of Allegiance ~ Boy Scout Troop #42 of Golden Introduction of Board ~ Lyle Waner, President Recognition of Retiring Directors ~ Lyle Waner, President Official Notice of Annual Meeting ~ Becky Barlow, Secretary Minutes of Previous Annual Meeting ~ Becky Barlow, Secretary

Wednesday, September 6, 2017Bailey Park • Camp Point, Illinois

Introduction of Guests ~ Jim Thompson, General Manager Election of Directors ~ Charles Burton, Attorney Introduction of Youth Tour Winners ~ Laura Bergman, Manager of Communications Announcement of IEC Memorial Scholarship Winner ~ Laura Bergman, Manager of Communications Introduction of Advisory Committee ~ Bill Stalder, Manager of Marketing/ Member Services Penny Power Presentation ~ Bill Stalder, Manager of Marketing/ Member Services Treasurer’s Report ~ Bob Willis, Treasurer Dean Searls’ Video ~ Lyle Waner, President President’s Report ~ Lyle Waner, President Manager’s Report ~ Jim Thompson, General Manager Adjournment 2nd Grand Prize Drawing* Drawing for Door Prizes*

* Each member registered prior to the meeting and present at the time of the door prize drawings is entitled to one chance. Prizes will be awarded during and after the meeting. You must be present to win. If you do not plan to stay for door prizes, please let us know when you register.

You’re Invitedto Adams Electric Cooperative’s

78th Annual Meeting

Two Cooks Night Off Tickets - Quincy Senior CenterGift Certificate - TupperwareMini Spa Kit - Perfectly PoshBird Feeder - Roger GenenbacherSwag Bag - United Way$25 Walmart Gift Card - Timber Point Healthcare CenterT-Shirts - John Wood Community CollegeTwo Tickets to Mini Fair - North Adams HomeAnd LOTS more!

Page 4: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

Anthony JarboeJourneyman Lineman14 years

Tara NeisenAccounting/BillingSpecialist17 years

Steve FanningMaintenance Supervisor32 years

4 • Adams Outlet • Annual Report • September 2017

President and General Manager’s ReportWelcome to Adams Electric’s Annual Meeting

It is our pleasure to invite you to the 78th Annual Meeting of Adams Electric Cooperative on Wednesday, September 6, 2017 at Bailey Park in Camp Point. The annual meeting is a time for members to celebrate the cooperative way of doing business, enjoy good food, entertainment, and conduct the important business of the Cooperative. Spunky Bottom Girls will provide the entertainment. Chad Reische, Journeyman Lineman for the Cooperative, is in the band. Employees will demonstrate the different technologies used at the Cooperative at our technology tent. Line personnel will demonstrate pole climbing, tools, and equipment along with right-of-way clearing

and spraying equipment. The board of directors will have a table inside the vendor tent for members to ask questions and learn how to get more involved in the Cooperative. The Cooperative will be serving grilled boneless pork chop sandwiches. Since we had so many positive comments last year with grilling the meat on site, we are planning this again. Over 30 vendors are scheduled for the event along with many activities for children. An annual meeting is an important event for every cooperative because it illustrates democracy in action. Adams Electric Cooperative members will receive the latest information on the Cooperative’s business and

will elect three Directors for three-year terms. Two of our long-term directors, Bob Willis and John Kestner, will be retiring this year. They have reached their term limits. Two new directors, Jim Ward and Tom Travis, will be elected at the meeting. Incumbent, Kris Farewell will also be elected. (909372-001) A video of the late Dean Searls, the first manager of the Cooperative, who was recognized by the Quincy Chamber of Commerce’s Business Hall of Fame, will also be shown. Door prizes will be given away throughout the night including two $250 bill credits. You should be on your way home by 9:00 p.m.

Strategic PlanningThe Cooperative continues implementing its strategic plan. The five main headings are: Technology – Evaluate, expand, and utilize technology to be a leader in bringing value to the member; Reliability – Design and maintain the electric system to minimize outages, provide quality power, and create ample capacity for growth; Financial Strength – Utilize financial practices that ensure financial security; Growth – Actively pursue and evaluate opportunities to grow the membership to achieve maximum efficiency, lower risk, and minimize operational cost; and

Jim ThompsonGeneral Manager22 years

Pat BoylenTechnician I43 years

Kevin KnightLine Foreman23 years

(Continued on page 6)

Page 5: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

September 2017 • Adams Outlet • Annual Report • 5

AARON MILLIKEN, BROKER(217) 440-0353

[email protected]

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Pike County, IL 30 Acres m/l. High production tillable farm in west central Illinois. Calhoun County, IL 30 Acres m/l. Hunting property with country home. McDonough County, IL 26 Acres m/l. Nearly all timber tract in Western Illinois. Fulton County, IL 167 Acres m/l. Highend hunting property on the Spoon River. Fulton County, IL 80 Acres m/l. Ownership interest in a Central Illinois hunting property. Pike County, IL 140 Acres m/l. Golden Triangle hunting with home/lodge and stocked lake. Adams County, IL 78 Acres m/l. Thick, big buck sanctuary hunting ground Pike County, IL 93 Acres m/l. Topnotch hunting farm w/ home, in West Pike County. Fulton County, IL 500 Acres m/l. Whitetail and waterfowl hunting property in Illinois. Pike County, IL 20 Acres m/l. Small Golden Triangle hunting tract. Adams County, IL 56 Acres m/l. Turnkey hunting tract, metal outbuilding in the Golden Triangle. Adams County, IL 80 Acres m/l. Income from CRP on this Golden Triangle hunting tract. Schuyler County, IL 50 Acres m/l. Beautiful country home and acreage near Rushville. Schuyler County, IL 69 Acres m/l. Diverse Central Illinois farm offering a good ROI.Fulton County, IL 149 Acres m/l. Great deer and turkey habitat in the Spoon River Bottoms.Fulton County, IL 60 Acres m/l. Hunting and Recreation on this income producing farm near Peoria. Pike County, IL 161 Acres m/l. Awesome hunting property in the Golden Triangle in Illinois. Fulton County, IL 90 Acres m/l. Outstanding hunting, recreation, and income, near Peoria. Pike County, IL 1,148 Acres m/l. Phenomenal Golden Triangle hunting & income acreage w/Lodge. Pike County, IL 2 Acres m/l. Spacious log home in Northern Pike County. Adams County, IL 98 Acres m/l. Hunting tract w/ CRP in the Golden Triangle of Illinois. Calhoun County, IL 70 Acres m/l. Investment farm in West Central Illinois. Peoria County, IL 202 Acres m/l. Income producing and topend hunting land near Peoria. Schuyler County, IL 7 Acres m/l. Unique home and hunting acreage near Rushville. Pike County, IL 45 Acres m/l. Prime South Pike hunting acreage. Fulton County, IL 127 Acres m/l. Secluded timber tract with pond in Central Illinois. Fulton County, IL 70 Acres m/l. Turnkey West Central Illinois hunting and rec.farm w/ home. Fulton County, IL 205 Acres m/l. Combination hunting, tillable and fi shing propertyBrown County, IL 85 Acres m/l. Combo tract w/ home bordering Siloam Springs State Park. Pike County, IL 41 Acres m/l. Allaround recreational tract with cabin in the Golden Triangle. Fulton County, IL 200 Acres m/l. Great hunting and pasture ground in Illinois. Fulton County, IL 15 Acres m/l. Small Acreage hunting or hobby farm with home in Central Illinois. Calhoun County, IL 35 Acres m/l. Hunting land in Golden Triangle in Illinois. Hancock County, IL 70 Acres m/l. Excellent hunting and recreational tract in West Central Illinois. Calhoun County, IL 75 Acres m/l. Mississippi River Bluff country hunting and recreational farm. Brown County, IL 120 Acres m/l. Topend Golden Triangle hunting property in Central Illinois. Calhoun County, IL 465 Acres m/l. Worldclass hunting property w/ beautiful home Schuyler County, IL 36 Acres m/l. Great hunting tract with creek and timber. Schuyler County, IL 80 Acres m/l. Big buck hunting located near Sugar Creek. Marshall County, IL 50 Acres m/l. Combination tillable & timber hunting land Pike County, IL 276 Acres m/l. Great hunting property with two ponds. Pike County, IL 98 Acres m/l. Tons of deer and turkey sign on this Golden Triangle hunting farm. Schuyler County, IL 126 Acres m/l. Big buck hunting acreage with lodge. Hancock County, IL 12 Acres m/l. Lamoine River hunting and fi shing retreat with lodge. Schuyler County, IL 20 Acres m/l. Small hunting property in QDM neighborhood near Rushville. Schuyler County, IL 180 Acres m/l. Income producing farmland with excellent hunting. Pike County, IL 85 Acres m/l. Highly productive Central Illinois combination farm. Pike County, IL 13 Acres m/l. Small hunting acreage in West Central Illinois with build site. Pike County, IL 15 Acres m/l. Nice, secluded hunting property with home. Schuyler County, IL 42 Acres m/l. Hunting farm with bedding areas and food plot. Schuyler County, IL 8 Acres m/l. Hunting property with home, barn and pond. Schuyler County, IL 40 Acres m/l. Tract offers a combination of hunting and tillable. Fulton County, IL 25 Acres m/l. Good income from this mostly tillable tract.

Fulton County, IL 65 Acres m/l. Central Illinois with outstanding hunting and income. Schuyler County, IL 100 Acres m/l. Boone and Crockett producing hunting land. Fulton County, IL 24 Acres m/l. Beautiful secluded home overlooking a pond. Fulton County, IL 210 Acres m/l. The ultimate waterfowl, fi shing and deer hunting propertyPike County, IL 202 Acres m/l. Golden Triangle recreational farm with good income. Pike County, IL 20 Acres m/l. Small hunting property in West Central Illinois. Fulton County, IL 120 Acres m/l. Hunting, tillable and pasture acreage in West Central Illinois. Fulton County, IL 535 Acres m/l. Excellent deer and turkey hunting farm with lodge. Schuyler County, IL 40 Acres m/l. Premier hunting land on Mill Creek in Central Illinois. Schuyler County, IL 114 Acres m/l. Turnkey Lodge and buck hunting farm. Henderson County, IL 40 Acres m/l. Beautiful red pine timber acreage holds the deer. Schuyler County, IL 60 Acres m/l. Central Illinois bigbuck hunting land with metal outbuilding. Schuyler County, IL 99 Acres m/l. Phenomenal Central Illinois hunting tract on the Lamoine River. Schuyler County, IL 104 Acres m/l. Great deer and turkey hunting farm. Schuyler County, IL 69 Acres m/l. Wellrounded hunting and investment tract in Illinois. Fulton County, IL 1,023 Acres m/l. Diverse Central Illinois hunting property. Fulton County, IL 250 Acres m/l. Scenic Central Illinois big timer tract that holds the big bucks. Fulton County, IL 50 Acres m/l. Excellent hunting and tillable tract in Illinois. Fulton County, IL 130 Acres m/l. A whitetail hunter’s dream property in Central Illinois. Schuyler County, IL 66 Acres m/l. Illinois bigbuck hunting property priced to sell fast. Fulton County, IL 2, 855 Acres m/l. A complete hunting and farmland tract, has it all. Fulton County, IL 20 Acres m/l. Great building site in a secluded location. Fulton County, IL 73 Acres m/l. An excellent hunting farm with holding power. Knox County, IL 26 Acres m/l. Incredible building or campsite overlooking large pond. Mercer County, IL 155 Acres m/l. Familyowned farm with outstanding hunting history. Brown County, IL 501 Acres m/l. Very wellmanaged hunting property with beautiful lodge. Brown County, IL 120 Acres m/l. Hunting tract on Mckee Creek. Henderson County, IL 29 Acres m/l. Great cover in the Mississippi River Bottoms. Knox County, IL 33 Acres m/l. Beautiful country home on lovely acreage. Brown County, IL 137 Acres m/l. Buckhorn Township bigbuck architecture. Brown County, IL 102 Acres m/l. The complete package hunting, income, and more. Henderson County, IL 128 Acres m/l. Outstanding recreational opportunities here. Schuyler County, IL 80 Acres m/l. Premier hunting area for the record book bucks. Schuyler County, IL 40 Acres m/l. Wellrounded hunting tract. Schuyler County, IL 40 Acres m/l. Outstanding hunting opportunities here. Marshall County, IL 192 Acres m/l. Hunting tract with loads of options and potential. Schuyler County, IL 30 Acres m/l. 100% Hardwood timber hunting property. Schuyler County, IL 96 Acres m/l. Food plots, trail system, and outstanding deer habitat. Peoria County, IL 70 Acres m/l. Property has great history. Marshall County, IL 98 Acres m/l. Excellent waterfowl and deer hunting on the Illinois River. Marshall County, IL 146 Acres m/l. Topnotch hunting farm and home. Henry County, IL 38 Acres m/l. Enjoy the outdoors on this property. Adams County, IL 13 Acres m/l. All tillable tract. Fulton County, IL 46 Acres m/l. Outstanding property in the heart of bigbuck country. Hancock County, IL 30 Acres m/l. Great getaway spot in a Boone & Crockett area. Henderson County, IL 246 Acres m/l. Excellent duck and whitetail hunting tract. Henderson County, IL 137 Acres m/l. Prime waterfowl hunting farm. Henderson County, IL 77 Acres m/l. Good deer and prime waterfowl hunting piece. Fulton County, IL 115 Acres m/l. Great combination of hunting and income on this farm. Peoria County, IL 14 Acres m/l. Ranch home with outbuildings. Henderson County, IL 22 Acres m/l. Shoot your limit of ducks easily here. Hancock County, IL 80 Acres m/l. Highcaliber hunting farm. Schuyler County, IL 99 Acres m/l. Prime hunting land.

Henderson County, IL 104 Acres m/l. Wellrounded hunting property. McDonough County, IL 240 Acres m/l. Home and acreage along the Lamoine River. Schuyler County, IL 29 Acres m/l. Fabulous whitetail habitat offers big hunting in a small package. Hancock County, IL Midwest Extreme Hunting Lodge and outfi tting business. Hancock County, IL 30 Acres m/l. Seclusion, abundant wildlife and more. Peoria County, IL 45 Acres m/l. Marketable timber, building sites and outstanding hunting. Fulton County, IL 32 Acres m/l. Spoon River Bluff hunting tract with Cabin. Fulton County, IL 100 Acres m/l. Outstanding hunting and high income potential. Fulton County, IL 55 Acres m/l. Hunting and tillable with Spoon River frontage and home site. Fulton County, IL 45 Acres m/l. Outstanding tillable investment potential in a small tract. Adams County, IL 53 Acres m/l. Good mix of CRP and tillable. Knox County, IL 123 Acres m/l. Beautiful whitetail habitat. Fulton County, IL 80 Acres m/l. A hunting and fi shing dream property. Fulton County, IL 40 Acres m/l. Prime hunting tract in bigbuck country. Knox County, IL 49 Acres m/l. Plenty of privacy and seclusion on this hunting tract. Fulton County, IL 80 Acres m/l. Lots of diverse habitat on this farm. Knox County, IL 51 Acres m/l. Tremendous hunting tract. Schuyler County, IL 62 Acres m/l. Whitetail mecca of hunting. Knox County, IL 270 Acres m/l. Lots of deer and turkey sign on this hunting farm. Peoria County, IL 68 Acres m/l. Excellent hunting farm and home. Fulton County, IL 40 Acres m/l. Outstanding hunting with great history. Fulton County, IL 80 Acres m/l. Great mixture of habitat offers lots of hunting opportunities. Fulton County, IL 40 Acres m/l. The ultimate hunting tract. Hancock County, IL 80 Acres m/l. Excellent deer sign and history on this hunting farm. Schuyler County, IL 101 Acres m/l. Hunting farm with cabin.

Fulton County, IL 120 Acres m/l. Hunting, tillable and pasture acreage in West Central Illinois.

Schuyler County, IL 29 Acres m/l. Fabulous whitetail habitat offers big hunting in a small package. Hancock County, IL Midwest Extreme Hunting Lodge and outfi tting business. Hancock County, IL 30 Acres m/l. Seclusion, abundant wildlife and more. Peoria County, IL 45 Acres m/l. Marketable timber, building sites and outstanding hunting. Fulton County, IL 32 Acres m/l. Spoon River Bluff hunting tract with Cabin. Fulton County, IL 100 Acres m/l. Outstanding hunting and high income potential. Fulton County, IL 55 Acres m/l. Hunting and tillable with Spoon River frontage and home site. Fulton County, IL 45 Acres m/l. Outstanding tillable investment potential in a small tract. Adams County, IL 53 Acres m/l. Good mix of CRP and tillable. Knox County, IL 123 Acres m/l. Beautiful whitetail habitat. Fulton County, IL 80 Acres m/l. A hunting and fi shing dream property. Fulton County, IL 40 Acres m/l. Prime hunting tract in bigbuck country. Knox County, IL 49 Acres m/l. Plenty of privacy and seclusion on this hunting tract. Fulton County, IL 80 Acres m/l. Lots of diverse habitat on this farm. Knox County, IL 51 Acres m/l. Tremendous hunting tract. Schuyler County, IL 62 Acres m/l. Whitetail mecca of hunting. Knox County, IL 270 Acres m/l. Lots of deer and turkey sign on this hunting farm. Peoria County, IL 68 Acres m/l. Excellent hunting farm and home. Fulton County, IL 40 Acres m/l. Outstanding hunting with great history. Fulton County, IL 80 Acres m/l. Great mixture of habitat offers lots of hunting opportunities. Fulton County, IL 40 Acres m/l. The ultimate hunting tract.

Schuyler County, IL 60 Acres m/l. Central Illinois bigbuck hunting land with metal outbuilding. Schuyler County, IL 99 Acres m/l. Phenomenal Central Illinois hunting tract on the Lamoine River. Schuyler County, IL 104 Acres m/l. Great deer and turkey hunting farm. Schuyler County, IL 69 Acres m/l. Wellrounded hunting and investment tract in Illinois. Fulton County, IL 1,023 Acres m/l. Diverse Central Illinois hunting property. Fulton County, IL 250 Acres m/l. Scenic Central Illinois big timer tract that holds the big bucks. Fulton County, IL 50 Acres m/l. Excellent hunting and tillable tract in Illinois. Fulton County, IL 130 Acres m/l. A whitetail hunter’s dream property in Central Illinois. Schuyler County, IL 66 Acres m/l. Illinois bigbuck hunting property priced to sell fast. Fulton County, IL 2, 855 Acres m/l. A complete hunting and farmland tract, has it all. Fulton County, IL 20 Acres m/l. Great building site in a secluded location. Fulton County, IL 73 Acres m/l. An excellent hunting farm with holding power. Knox County, IL 26 Acres m/l. Incredible building or campsite overlooking large pond. Mercer County, IL 155 Acres m/l. Familyowned farm with outstanding hunting history. Brown County, IL 501 Acres m/l. Very wellmanaged hunting property with beautiful lodge.

Henderson County, IL 29 Acres m/l. Great cover in the Mississippi River Bottoms. Knox County, IL 33 Acres m/l. Beautiful country home on lovely acreage. Brown County, IL 137 Acres m/l. Buckhorn Township bigbuck architecture.

Fulton County, IL 40 Acres m/l. Outstanding hunting with great history. Fulton County, IL 80 Acres m/l. Great mixture of habitat offers lots of hunting opportunities. Fulton County, IL 40 Acres m/l. The ultimate hunting tract.

Pike County, IL 1,148 Acres m/l. Phenomenal Golden Triangle hunting & income acreage w/Lodge.

Adams County, IL 98 Acres m/l. Hunting tract w/ CRP in the Golden Triangle of Illinois.

Peoria County, IL 202 Acres m/l. Income producing and topend hunting land near Peoria. Schuyler County, IL 7 Acres m/l. Unique home and hunting acreage near Rushville.

Fulton County, IL 127 Acres m/l. Secluded timber tract with pond in Central Illinois. Fulton County, IL 70 Acres m/l. Turnkey West Central Illinois hunting and rec.farm w/ home. Fulton County, IL 205 Acres m/l. Combination hunting, tillable and fi shing propertyBrown County, IL 85 Acres m/l. Combo tract w/ home bordering Siloam Springs State Park. Pike County, IL 41 Acres m/l. Allaround recreational tract with cabin in the Golden Triangle. Fulton County, IL 200 Acres m/l. Great hunting and pasture ground in Illinois. Fulton County, IL 15 Acres m/l. Small Acreage hunting or hobby farm with home in Central Illinois. Calhoun County, IL 35 Acres m/l. Hunting land in Golden Triangle in Illinois. Hancock County, IL 70 Acres m/l. Excellent hunting and recreational tract in West Central Illinois. Calhoun County, IL 75 Acres m/l. Mississippi River Bluff country hunting and recreational farm. Brown County, IL 120 Acres m/l. Topend Golden Triangle hunting property in Central Illinois.

Fulton County, IL 50 Acres m/l. Excellent hunting and tillable tract in Illinois. Fulton County, IL 130 Acres m/l. A whitetail hunter’s dream property in Central Illinois. Schuyler County, IL 66 Acres m/l. Illinois bigbuck hunting property priced to sell fast. Fulton County, IL 2, 855 Acres m/l. A complete hunting and farmland tract, has it all. Fulton County, IL 20 Acres m/l. Great building site in a secluded location. Fulton County, IL 73 Acres m/l. An excellent hunting farm with holding power. Knox County, IL 26 Acres m/l. Incredible building or campsite overlooking large pond. Mercer County, IL 155 Acres m/l. Familyowned farm with outstanding hunting history. Brown County, IL 501 Acres m/l. Very wellmanaged hunting property with beautiful lodge. Brown County, IL 120 Acres m/l. Hunting tract on Mckee Creek. Henderson County, IL 29 Acres m/l. Great cover in the Mississippi River Bottoms. Knox County, IL 33 Acres m/l. Beautiful country home on lovely acreage. Brown County, IL 137 Acres m/l. Buckhorn Township bigbuck architecture. Brown County, IL 102 Acres m/l. The complete package hunting, income, and more. Henderson County, IL 128 Acres m/l. Outstanding recreational opportunities here. Schuyler County, IL 80 Acres m/l. Premier hunting area for the record book bucks. Schuyler County, IL 40 Acres m/l. Wellrounded hunting tract. Schuyler County, IL 40 Acres m/l. Outstanding hunting opportunities here. Marshall County, IL 192 Acres m/l. Hunting tract with loads of options and potential. Schuyler County, IL 30 Acres m/l. 100% Hardwood timber hunting property.

Fulton County, IL 127 Acres m/l. Secluded timber tract with pond in Central Illinois. Fulton County, IL 70 Acres m/l. Turnkey West Central Illinois hunting and rec.farm w/ home. Fulton County, IL 205 Acres m/l. Combination hunting, tillable and fi shing propertyBrown County, IL 85 Acres m/l. Combo tract w/ home bordering Siloam Springs State Park. Pike County, IL 41 Acres m/l. Allaround recreational tract with cabin in the Golden Triangle. Fulton County, IL 200 Acres m/l. Great hunting and pasture ground in Illinois. Fulton County, IL 15 Acres m/l. Small Acreage hunting or hobby farm with home in Central Illinois. Calhoun County, IL 35 Acres m/l. Hunting land in Golden Triangle in Illinois. Hancock County, IL 70 Acres m/l. Excellent hunting and recreational tract in West Central Illinois. Calhoun County, IL 75 Acres m/l. Mississippi River Bluff country hunting and recreational farm. Brown County, IL 120 Acres m/l. Topend Golden Triangle hunting property in Central Illinois. Calhoun County, IL 465 Acres m/l. Worldclass hunting property w/ beautiful home Schuyler County, IL 36 Acres m/l. Great hunting tract with creek and timber. Schuyler County, IL 80 Acres m/l. Big buck hunting located near Sugar Creek. Marshall County, IL 50 Acres m/l. Combination tillable & timber hunting land Pike County, IL 276 Acres m/l. Great hunting property with two ponds. Pike County, IL 98 Acres m/l. Tons of deer and turkey sign on this Golden Triangle hunting farm. Schuyler County, IL 126 Acres m/l. Big buck hunting acreage with lodge. Hancock County, IL 12 Acres m/l. Lamoine River hunting and fi shing retreat with lodge. Schuyler County, IL 20 Acres m/l. Small hunting property in QDM neighborhood near Rushville. Schuyler County, IL 180 Acres m/l. Income producing farmland with excellent hunting.

Hancock County, IL 80 Acres m/l. Excellent deer sign and history on this hunting farm. Schuyler County, IL 101 Acres m/l. Hunting farm with cabin.

AARON MILLIKEN, BROKER

Hancock County, IL 80 Acres m/l. Excellent deer sign and history on this hunting farm. Schuyler County, IL 101 Acres m/l. Hunting farm with cabin. Schuyler County, IL 101 Acres m/l. Hunting farm with cabin.

Land Specialist,#1 Producer in Illinois

7.625x10_Adams_Coop_Ad_V2.indd 1 8/1/17 3:39 PM

Kevin KnightLine Foreman23 years

Page 6: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

Kristi IhrigFinancial Assistant28 years

Mike OhnemusGIS Coordinator/IT Specialist7 years

Joyce BockholdEngineering & Operations Office Technician36 years

6 • Adams Outlet • Annual Report • September 2017

Kraig Street Lead Forester17 years

Julia BarryBilling Assistant20 years

Charlie RossiterDesign & ConstructionSupervisor35 years

Deb RheaAdministrativeAssistant22 years

Communication – To achieve excellence in member and non-member communications.

TechnologyThe Cooperative made a strategic decision last year

to change our enterprise software to a different vendor. The goal is to improve member service through better integration of all of our technologies. In the past, we looked for best of class technology affordable to small distribution cooperatives that would enhance the member experience. We would then integrate these software packages with other packages to make them work together. This integration created constant challenges. The better model was to partner with a vendor that offered the

technologies we need combined with smooth integration in one package. This process started last year and will continue in to 2018. Members will start seeing more changes this fall as we roll out the new software. The Cooperative continues to improve its technology to better serve members and make us more efficient. Engineering continues to add more distribution automation to our system to improve reliability and restoration times. We are currently engineering a project for the areas served from our Ursa and Big Neck substations. We are also improving the automation and control at our substations. We work closely with our power supplier to advance technology at our substations that will provide better engineering and operational information to improve reliability and restoration times for our members.

ReliabilityThe Cooperative is continually improving its distribution system. We are upgrading three-phase tie lines between substations with larger wire. Crews are currently working on a three-mile stretch of line from Golden to just north of Central High School. The line is being upgraded to help maintain voltage during backfeed conditions in case we would lose a substation in that area. The Cooperative utilizes planning criteria and engineering modeling software to determine the best locations to upgrade the distribution system to provide the best and most cost-effective solutions. Over $1.2M was invested in the electric system in 2016. We continue to aggressively maintain right-of-way and other maintenance programs. Over the years, with the mowing and spraying we are performing, the right-of-ways are very clear of trees with more grasses being established. This improvement makes it much easier to perform line maintenance, lowers outages, and lowers future right-of-way expenses. The landowners have been great to work with and many of them are now mowing the right-of-ways where grasses have been established helping all members. Pole inspection and treatment continue each year on approximately 10% of the poles. Our goal is to keep the pole asset in the field if the pole can still perform its job and change out the ones that could cause our members a power interruption. A systematic approach to managing assets in the field and performing the maintenance and/or replacement is best for the membership.

Financial StrengthThe Cooperative had a good financial year in 2016. The Cooperative has certain financial requirements it must meet from its lenders. We were able to raise equity,

Adams Electric’s Accounting Department met with SEDC staff as part of the conversion.

(Continued from page 4)

(Continued on page 8)

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September 2017 • Adams Outlet • Annual Report • 7

Charlie RossiterDesign & ConstructionSupervisor35 years

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Jon Metz Journeyman Lineman11 years

Butch Passley Meter Technician43 years

Mike OlsonLine Foreman21 years

8 • Adams Outlet • Annual Report • September 2017

Laura BergmanManager of Communications15 years

Steve JenningsManager of Finance20 years

Duane JonesLine Foreman6 years

Chad ReischeJourneyman Lineman14 years

improve margins, and meet all of our financial ratios with our lenders. We were able to retire over $400,000 in capital credits to our members last year. We continue to take advantage of the low interest environment when repricing existing loans or taking out new loans. The Cooperative continues to use the Power Cost Adjustment (PCA) to adjust rates as necessary to make sure we meet our financial ratios. This PCA provides a good risk mitigation tool and allows us the flexibility needed to meet our financial obligations. The PCA allows us to adjust for fluctuations without having to build as much risk in the base rate to cover our required financial requirements. The Cooperative has fixed rate schedules to bill its members. We forecast and budget revenue, wholesale power and transmission expenses, distribution expenses, and margins. We try to keep margins above what is needed to meet our financial

obligations. Then we try to absorb any fluctuations in wholesale power, transmission cost and other expenses each month while trying to keep our rates the same for our members. Think of it like fueling your car. The price of gas changes every time you fill up. We try to forecast that in the budget and absorb any fluctuation. The PCA allows us to adjust for these fluctuations without having to build as much risk in the base rate to cover our required financial requirements.

GrowthThe Cooperative’s load has been fairly flat over the last six years. Looking back: 2011 – 175,238,292 kWh2012 – 171,940,097 kWh 2013 – 178,306,868 kWh 2014 – 182,333,404 kWh2015 – 174,037,829 kWh 2016 – 176,781,193 kWh

Much of our revenue to cover expenses is collected through the sale of kWhs. As kWhs sales remain flat or decline, more pressure is put on this component of the rate. However, utility construction and maintenance costs do not vary significantly with changes in volume of kWhs sold. The utility system is designed to make sure the lights stay on during the highest peak load that may only last a few minutes. We must make sure the utility system is designed

(Continued from page 6)

(Continued on page 10)

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September 2017 • Adams Outlet • Annual Report • 9

24 x 30 with 6’ PorchGallery Blue & Gray

32 x 36 x 11Bright White & Red

Chad ReischeJourneyman Lineman14 years

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Gary FossPart-Time Locator9 years

Brian AndersonJourneyman Lineman27 years

Brad SmithJourneyman Lineman16 years

10 • Adams Outlet • Annual Report • September 2017

Brad KoenigTechnicianNew Hire

Tim BrechtManager of Engineering& Operations12 years

Bill StalderManager of Marketing/Member Services14 years

to provide reliable service during this time. Think of it similar to an interstate highway system which is designed to handle the peak amount of vehicle traffic. The interstate may have little or no traffic for many hours of the day. In both cases, the costs are in the construction and maintenance and are independent of the use or kWhs. Weather, energy efficiency, behind the meter generation, and the economy are all variables that play into this equation. We want all of our members to use electricity as efficiently as possible and try to help our members accomplish this goal. However, how we have historically recovered those costs doesn’t necessarily line up with the cost causers. We are committed to minimizing the impact of rising power costs by being proactive in our efforts. As the Cooperative grows, it is important to promote and educate members on the efficient use of electricity. We do several things to meet this objective. We continue to promote geothermal systems and air-to-air heat pumps. The Cooperative continues to offer special incentives including rates, credits, and low interest loans for the use of this technology. We also put controls on member’s electric devices to control their usage in peak times. The EnergyWyse Loan Program continues to be utilized for loans towards HVAC systems, generators, service upgrades for members with electric service

problems, electric car charging equipment, and energy efficient upgrades. The terms and rates are different depending on the amount of the loan and what is being purchased. Please

take advantage of this program that helps members with these purchases. The loan programs continue to be very popular with our membership with over $300,000 loaned out to members.

We also want to grow the Cooperative with new members by promoting west central Illinois and creating jobs in this area. The Cooperative continues to be active in economic development in our area. Bill Stalder, Manager of Marketing/Member Service, sits on the board for the Great River Economic Development Foundation, GREDF. We are also active in the River Valley Community Development Corporation (RVCDC) and the Rural Adams Development Corporation (RADC) where I (Manager Jim Thompson) sit on the board. The Cooperative also provides loans from its revolving loan fund to help with low cost financing for businesses.

CommunicationSocial media is where it is at with the younger members. Different than the past, we need to be active in all forms of communication to connect with our membership. My children’s ages range from 25-15 years old. How they communicate is totally different than the way I communicated when I was that age. We recognize this change and are more active in social media. (Adams Electric can be found on Facebook as “Adams Outlet”.) From our surveys of members, the Adams Outlet newsletter continues to be the best way we communicate with our members. However, most of the members taking the time to complete a survey are older which would tend to keep this percentage higher. Many wonder what the future may bring and if we will even have printed information to read. It may all be electronic and read through some type of digital device.

Wholesale PowerWe continue to diversify our power portfolio with a combination of generation assets and market purchases

(Continued from page 8)

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Mary AdenBilling Assistant23 years

Gary NelsonWarehouseman22 years

Austin AschemannForester2 years

September 2017 • Adams Outlet • Annual Report • 11

Member Advisory Committee

Members of the Advisory Committee are selected by the Directors and meet four times per year. The present committee consists of eighteen members/couples. The main purpose of the Advisory Committee is to discuss Cooperative programs and operations, while providing valuable feedback.

District 1 Daniel & Lisa Adams Rushville Sam & Carolynn Benninghoff Rushville

District 2 John & Mary Kay Flesner Golden David & Genie Fritschle La Prairie

District 3 Kyle & Elizabeth Leonard Camp Point Nicholas & Chevi Ingalls Fowler

District 4 Curt & Beth Boylen Mt. Sterling James & Karen Ward Mt. Sterling

District 5 Danny & Janet Hanning Huntsville Zane Higgins La Prairie

District 6 Tom & Christine Travis Payson Larry & Terri Groce Plainville

District 7 Ronald & Joyce Fairley Quincy Dennis & Jennifer Dempsey Quincy

District 8 Clark Knight & Dixie Wallace Timewell Ronnie & Rose Briggs Mt. Sterling

District 9 William & Debbie Ausmus Clayton Greg & Ramsie Farlow Camp Point

If you are interested in being considered to serve on the Advisory Committee, contact Bill Stalder at (800) 232-4797.

Bring a Recipe& You Could Win This Kitchen Gift Basket!Please include ingredients list, instructions, your name, address, and phone number. Drop your recipe in the “Recipe Box” inside the Vendor Tent. *One entry per family member. One winner will be chosen from all entries received. Winner will be announced in the October Adams Outlet. Recipes entered may appear in future issues of the Adams Outlet.

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Mike DeWittDesign & ConstructionSupervisor26 years

Judie FlesnerBilling Assistant28 years

Don WingetPart-Time Locator9 years

Rick BrunsMechanic6 years

12 • Adams Outlet • Annual Report • September 2017

Peggy KoettersPhone Receptionist14 years

Gary WagnerJourneyman Lineman2 years

Nathan SmithJourneyman Lineman2 years

working with our power supplier, Prairie Power. The Cooperative believes this is the best way to secure and provide rate stability. Being a Cooperative provides us the advantage of both securing long term assets for the future to help stabilize rates over the long haul providing a hedge against high market conditions and also having the ability to purchase from the market without the addition of any profit since we are a not-for-profit cooperative. As I mentioned last year, we are in a very attractive position going forward. We don’t own any old coal generation assets. A new natural gas turbine at Alsey is completed. It is more efficient and will be called upon to run more often by the Mid-Continent System Operator (MISO) than the other five generators at the site. During the hot weather in July, it ran flawlessly. The Cooperative has built a portfolio that positions us very well for the future. Our members also own the two wind turbines and, through our power supplier, two 500 kW solar farms and an additional 20 MW of wind through a purchase power agreement.

Penny PowerThe Penny Power program voted on by our members at the 2004 Annual Meeting, continues to provide funds for worthy causes throughout west central Illinois. With the latest round of grants, the Penny Power program is over the $410,000 mark. We will present another check the night of the annual meeting.

Member FocusThe Cooperative’s goals and objectives are developed around the needs and wants of our membership. The board and employees are focused on the members and we continually focus on keeping the member in the forefront as we make decisions. We are fortunate to have a great group of employees and a board that realizes we exist only to serve the members. We also use an Advisory Committee made up of two couples from each district to help share ideas and discuss ways to improve our Cooperative.

EmployeesThe employees are the key to the success of the Cooperative. It will be their efforts that make the Cooperative successful. Fortunately, they take great pride in this responsibility. The employees will help position the Cooperative for continued success.

Join UsPlease join the Board of Directors, employees, and members and help celebrate the 78th annual Meeting. We thank you for your continued support and hope to see you there!

Lyle Waner, Board President

Jim Thompson, General Manager

(Continued from page 10)

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Rick BrunsMechanic6 years

September 2017 • Adams Outlet • Annual Report • 13

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14 • Adams Outlet • Annual Report • September 2017

Director Candidate Profiles

District 4

Kris Farwell of 6195 Farwell Rd., PlymouthKris and her husband, Eric, have a son, Jacob, and two daughters, Courtney and Erin. She graduated from Macomb High School and completed the Vocational Secretarial course at Spoon River College. Her husband, Eric, is the sole proprietor of Eric Farwell Construction. Along with being a farm wife, Kris works with her husband at Eric Farwell Con-struction. Kris has served three years on the Adams Electric Cooperative Board of Directors. She also serves on the Greater West Central Public Library District board where she is trustee and secretary. Kris served three years as Clerk/Treasurer for Village of Augusta. She is a former “mom” helper with summer Bible school. She is a current member of Rushville-Industry music boosters. Her hobbies include reading, knitting, crocheting, trap shooting, spending time with family and friends, cooking & baking.

Consisting of Mt. Sterling, Elkhorn, Ripley, Cooperstown and Versailles townships of Brown County

District 5 Consisting of St. Mary township of Hancock County; Birmingham, Camden, Huntsville and Brooklyn townships of Schuyler County; Bethel and LaMoine townships of McDonough County

District 6 Consisting of Melrose, Fall Creek, Payson, Richfield and Beverly townships of Adams County; Kinderhook, Barry, Fairmount and Hadley townships of Pike County

James D. Ward of 817 1400 E., Mt. SterlingJim and his wife, Karen, have six children and eight grandchildren. Jim graduated from Brown County High School. He is a highway maintainer for IDOT. Jim served on the Brown County Little League Board for several years. He owned and operated Central Illinois Drainage. Jim is retired from the Illinois National Guard after 23 years of service. His hobbies include hunting and enjoying time with his kids and grandkids.

Tom Travis of 1246 N 223rd Lane, PaysonTom’s wife’s name is Chris. She is retired from Blue Cross/Blue Shield. Tom has one daughter, three step daughters and they have eight grandchildren combined. Tom graduated from Quincy Senior High School and John Wood Community College. Previously, he was an Application Engineer at Gardner Denver but is now retired. Tom served in the U.S. Air Force and is a Vietnam Veteran. He is a past co-president of Quincy German Village Society and a past president of Quincy Area Bowling Association. His hobbies include wood working, making furniture, clock repair, gardening and tak-ing care of his mini-farm.

YOUR Cooperative provides safe, reliable service to over 8,700 members in Adams, Brown, Schuyler, Pike, Hancock, McDonough, and Fulton counties. We are member-owned, not-for-profit and overseen by a board of directors elected by the membership.

Your Annual Meeting is your chance to meet and vote for the directors of YOUR Cooperative.

Adams Electric provides electrical safety training to area first responders. Adams Electric directors receive

continued training to stay on top of key issues.

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Absentee BallotsSince the Cooperative does not have a contested election and there are no resolutions being considered, there will be no absentee ballots this year.

September 2017 • Adams Outlet • Annual Report • 15

The Co-op sponsors two students on the Youth to Washington trip each year. This year’s winners were Cassadi Forman and Grace Tenhouse.

Adams Electric’s Advisory Committee meets four times per year and provides feedback for Cooperative programs.

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16 • Adams Outlet • Annual Report • September 2017

The financial statements in the annual report are based upon a complete and independent audit of the Cooperative’s books and records by Dennis G. Koch, Certified Public Accountant of Quincy, Illinois. The audit report indicated that the records of your Cooperative were maintained in accordance with Generally Accepted Accounting Practices and Government Auditing Standards. A copy of the audit report is available for your inspection at the Cooperative office. During 2016, $1.2 million was invested in the electric system to meet the growth in new services and ordinary replacements of equipment (accounting

adjustments to plant records show the net increase as $358,000). The Cooperative adjusted its plant records after reviewing them in 2016. Warmer summer weather and fall grain drying resulted in kilowatt-hour sales increasing by 1.5 percent over the previous year. Revenue from sales increased 0.7 percent while the total cost of electric service increased 0.3 percent. During 2016, the Cooperative loaned out over $167,000 to members under our EnergyWyse Loan Program. Low interest loans are available for energy efficiency improvements, HVAC systems, standby generators and service upgrades. Rates range from 2.5% - 4.5% with terms from 2 to 10 years for various loan amounts up to $20,000. The Cooperative’s operating margin for the year was $506,684 with non-operating margins of $1,115,275. The majority of non-operating margins are capital credit allocations from other cooperatives – our power supplier and bankers. This combined total resulted in a net margin of $1,661,959. The Cooperative also paid back capital credits of over $482,000 to members who received electric service in 1988 and 2006 or closed out estates. Your Cooperative had a good financial year in 2016 – equity increased, margins were strong and all financial ratios were met.

Bob Willis, Treasurer

Amount Borrowed .......................... $46,568,922Principal Repaid ............................ $18,188,442 Net Still Owed ............................... $28,380,480

Treasurer’s Report How Dollars Were Divided in 2016

Summary of Long Term Debt

The Co-op’s first general manager, the late Dean Searls, was inducted into the Chamber of Commerce Hall of Fame. Dean’s son, Paul, accepted the award on his behalf.

Adams Electric’s annual Electricity School is free to all students ages 8-18. It’s held in Bailey Park every June. Liberty student, Allison Esselman, won

a scholarship through the IEC Memorial Scholarship program.

Page 17: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

if in an Auto Accident

with Power Lines

Learn more at

KNOW WHAT TO DO

If the car you are in hits a utility pole, your vehicle

and the surrounding area can become

energized.

Even if you do not touch linesor equipment, you can still be killed or seriously injured.

1. Do NOT leave the car, and warn others to stay away.

2. Call 911 to have

the utility notified.

3. Wait until a utility professional

has told you it is safe.

The only reason

to exit the vehicle is

if it’s on fire.

If the car is on fire, jump clear

of the vehicle: with feet together,

and without touching the car and

the ground at the same time.

Continue to hop away

with your feet together

as far as you can.

AssetsCash in the Bank .................................................... $346,892 .....................$121,256Investments & Fund Accounts .............................. 12,065,329 ..................12,408,347Accounts Receivable ............................................. 2,175,926 ....................2,098,885Material and Supplies ............................................... 673,434 .......................585,941Prepaid Insurance & Deferred Expense .................... 191,909 .......................534,589Total Cost of System............................................ 56,674,953 ..................57,032,901Less Depreciation .............................................. (19,013,042) ............... (18,931,621)Net Value of System ............................................. 37,661,911 ..................38,101,280Total Assets.............................................. $53,115,401 .............$53,850,298

LiabilitiesTotal Long-term Debt ......................................... $29,108,093 ................$28,380,480Accounts Payable ................................................... 4,457,837 ....................4,541,207Meter Deposits ......................................................... 155,348 .......................162,501Member Prepayments & Deferred Credits ............ 1,042,347 ....................1,149,393Membership Fees & Other Capital ........................ 1,451,775 ....................1,536,791Members’ Capital Credits ..................................... 16,900,001 ..................18,079,926Total Liabilities and Capital .....................$53,115,401 .............$53,850,298

Balance Sheet (as of December 31)

20162015

ReceiptsTotal Receipts for Electric Service .................... $21,731,440 ..............$21,880,053

ExpensesPower Supply Cost ........................................... $14,208,123 ..............$14,148,587Expenses for Operating & Maintaining System ............ 4,284,519 ..................4,390,108System Depreciation ............................................ 1,656,260 ..................1,683,754Taxes and Other Expenses ....................................... 29,675 .......................29,598Other Interest Expense............................................. 76,233 .......................67,340Interest on Long-Term Debt .................................. 1,057,474 ..................1,053,982Total Expenses ................................................... 21,312,284 ................21,373,369Net Operating Margin for the Year ............ $419,156 ................$506,684

Non-Operating MarginsInterest Income ........................................................ $45,558 .....................$45,517Net Income From Material, Sales & Other.............. (25,779) .................... (30,600)Capital Credit - Other Cooperatives .................... 1,089,036 ..................1,140,358Net Margin .................................................$1,527,971 .............$1,661,959

Statement of Revenue & Expenses

20162015

Property Taxes ........................................................... $65,596 ......................$66,341Energy Taxes ............................................................. 536,232 ......................527,035Social Security Taxes .................................................196,924 ......................196,049Sales/USE/SOT Taxes .................................................14,588 ........................14,916State Unemployment Tax .............................................. 2,804 ..........................2,578Federal Unemployment Tax ........................................... 1,705 ..........................1,561Illinois Gross Revenue Tax .......................................... 17,365 ........................17,506Total Taxes .................................................... $835,214 .................$825,986

Taxes Paid20162015

September 2017 • Adams Outlet • Annual Report • 17

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18 • Adams Outlet • Annual Report • September 2017

Miles of Line ................................................ 2,231 .............. 2,238Members Connected ....................................8,677 .............. 8,734Members per Mile of Line ...............................3.89 ................ 3.90kWh Purchased + Generated ............174,037,829 ... 176,781,193kWh Delivered ...................................161,812,007 ... 164,284,602Percent Loss................................................6.82% .............6.88%Average Monthly kWh Used per Member ...............................................1,554 .............. 1,567Average Cost per kWh per Member ...........................................$0.1328 .......... $0.1317Average Bill per Member per Month .........$206.40 .......... $206.37Investment per Member..............................$6,504 ............ $6,530Equity.................................................$18,351,776 ... $19,616,717

Adams Electric FACTS 20162015

Adams Electric was one of six co-ops in the state awarded a safety leadership award at the Safety Supervisory Technical Conference.

The Co-op’s Penny Power program has awarded over $400,000 to area organizations for community betterment projects. Here, a buggy for a daycare allows small children to go on nearby field trips.

Watch for details on our 2018 IEC Memorial Scholarship Contest

in the October Adams Outlet!

Page 19: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

September 2017 • Adams Outlet • Annual Report • 19

[email protected] • 217-696-4611

Want FiberInternet?

Sign up at

followthefiber.net

Internet • Phone • TV

Page 20: Annual Report 2017 Vol. 66, No. 9 - Adams Electric...Large Database Of Buyers • Social Media Advertising • Internet Marketing • Local Print and Radio MORE LISTINGS. MORE BUYERS

20 • Adams Outlet • Annual Report • September 2017

Employee, Julia Barry, volunteering at the St. Peter’s Lutheran Church ice cream social as part of the Cooperative’s community service policy to encourage community involvement.

Retirees, Roger Mohrman and Abe Lashbrook, catch up at the Cooperative’s Retiree Luncheon.

One of the Co-op’s basket trucks decorated for Camp Point’s Lighted Parade.

36 Employees (33 full-time & 3 part-time)

with 658 Combined

Years of Experience!

Adams Electric BY THE NUMBERS

$400,000 in Capital Credits werereturned to members

in 2016

844 likesof Adams Outlet

on Facebook

129 students have been sponsored on Youth

to Washington by Adams

Electric since 1959

Adams Electric received an

88 ACSI Score (American Customer Satisfaction Index)

which measures overall satisfactionon a scale of 1-100.

The national electric utility average was 76.

$414,403.31

in Penny Power Grants have been awarded

for community betterment projects.

1 of 6 co-ops in Illinois

to receive a safety leadership award

Over 28,611,523 kWhs have been generated

by our two wind turbines combined.

17 Employees(over half of our full-timers!)

have worked here

20 years or more!

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September 2017 • Adams Outlet • Annual Report • 21

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Burton introduced the following candidates for director:

District #1 – Alan AchesonDistrict #2 – Lyle WanerDistrict #3 – Laura Meyer

He then explained that as this was an uncontested election, he would accept a motion to elect the slate of Directors by acclamation. A motion was made, seconded and carried that a unanimous ballot be cast to elect from District #1 – Alan Acheson; District #2 – Lyle Waner; and District #3 – Laura Meyer by acclamation.

President Waner introduced Laura Dotson, Manager of Communications who recognized this year’s Youth to Washington winners, Sophia Marcolla of Quincy and Sam Brinkman of Payson. Sophia and Sam told of their experiences visiting many of the national museums and memorials during their trip to Washington, D.C. During their trip, Sophia was chosen as the Youth Leadership Council representative to represent Illinois at state and national meetings. She is the first student from Adams Electric to be selected for this position. Laura also recognized and congratulated Danielle Moss of Quincy as the recipient of the Illinois Electric Cooperative Memorial Scholarship.

President Waner introduced Bill Stalder, Manager of Marketing/Member Services. Bill recognized Members of the Cooperative’s Advisory Committee for their service to the cooperative. He asked Members interested in serving on the Advisory Committee to contact the Cooperative or their director. He also gave an update on the Penny Power Program and recognized those who serve on the Penny Power Grant Review Committee. Director Becky Barlow presented a Penny Power Grant for $650.00 to Sharon Daggett and Norma Janssen representing the Community for Christ Assistance Center/CUSD #3. With this last round of Penny Power grants, the Penny Power Program has awarded $378,209.31 to organizations and groups in the area.

Treasurer Bob Willis gave the Treasurer’s Report for the year ending December 31, 2015. President Waner called for a motion to approve the Treasurer’s Report. A motion was made, seconded and carried to approve the Treasurer’s Report.

President Waner welcomed members to the 77th Annual Meeting and discussed one of the Cooperative’s Seven Principles – Concern for Community. In a recent survey, the Cooperative scored the highest out of 17 participating cooperatives for community involvement. One

September 7, 2016 The 77th Annual Meeting of Members of Adams Electric Cooperative was held at Bailey Park in Camp Point, Illinois on Wednesday, September 7, 2016 beginning at 7:05 P.M., CDST.

The meeting was called to order by President Lyle Waner and a quorum declared of 449 Members present. Pastor Sheila Kelly from Camp Point United Methodist Church and Centennial Ebenezer United Methodist Church gave the invocation.

Boys Scouts from Troop #42 of Golden led by Kevin Harris presented the colors and led the Pledge of Allegiance.

President Waner introduced the directors in district order by their respective district along with Cooperative Attorney Charles Burton and General Manager Jim Thompson.

President Waner announced the meeting would follow the agenda as printed, follow Robert’s Rules of Order and each person’s discussion during the business meeting would be limited to a reasonable amount of time. Only items listed on the agenda of the Annual Report could be voted on to allow an opportunity for all members to be notified.

President Waner appointed Deb Rhea as Recording Secretary and Charles Burton as Parliamentarian. President Waner announced the appointment by the Board of Directors of the following individuals as the Credentials Committee; namely Ron Fairley, Danny Hanning, and Phil Welsh.

The Official Meeting Notice that was mailed to the Membership in the Annual Report was read by Secretary Becky Barlow. President Waner referred to the minutes of the September 9, 2015 Annual Meeting that had also been mailed to the Membership in the Annual Report. A motion was made, seconded and carried to approve the minutes as printed.

General Manager Jim Thompson acknowledged the honored guests that were in attendance and also thanked the vendors who participated in the Annual Meeting. Manager Thompson recognized State Representative Norine Hammond as recipient of the 2016 Illinois Electric Cooperative Public Service Award.

Attorney Charles Burton presided over the election of directors. Attorney Burton explained that to make the election of directors more transparent, any member including incumbent directors are to complete a petition to be eligible to run for a director position. Attorney

of the newer programs that began at the end of 2015 is the First Responder Training Program where cooperative employees visit fire, police, and ambulance departments as well as IDOT, Red Cross and other first responders to discuss how to handle accidents involving electricity. He also discussed how employees have volunteered their time to participate in local parades, the Soap Box Derby, electricity school, Live Line Demos, Power Town Safety Demonstrations, and Career Days. A couple other important programs in place are the Youth Tour Program and the IEC Memorial Scholarship. One of the very popular programs the cooperative is committed to is the Penny Power Program that provides grant money to worthwhile organizations in west central Illinois. President Waner shared that directors and employees are committed to this Cooperative principle to do their part to make our community a better place to live.

General Manager Thompson’s report was “A Tribute to the Employees”. He shared the results of the recent survey conducted by the Illinois Electric Cooperative. The survey showed the cooperative scored high in the areas of Knowledgeable Employees, Employee Performance, Responding Promptly to Outages, Providing Reliable Electric Service and Being Involved in Community. Manager Thompson brought each employee on stage and recognized them highlighting their years of service to the cooperative and membership and describing what job they performed. The cooperative could not be as strong as it is today without the commitment and dedication of the employees to provide exceptional service to the membership. In conclusion, he thanked the employees for their dedication and hard work that has brought the many years of success to the cooperative.

With no other business to report, President Waner called for adjournment. A motion was made to adjourn the meeting at 8:17 P.M., CDST.

An informal drawing of names was held before, during, and at the conclusion of the meeting. Prizes were donated by Adams Electric Cooperative, members of the Cooperative and vendors. Two Grand Prizes of $250.00 bill credits were awarded this year. Winners of the Grand Prizes were Betty Kestner and Delbur Knorr.

Before the meeting, musical entertainment was provided by York Street Jazz Orchestra. A grilled tenderloin pork sandwich and hot dogs were enjoyed for the meal.

______________________________Deb Rhea, Recording Secretary

Minutes of the 2016 Annual Meeting

22 • Adams Outlet • Annual Report • September 2017

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5:00-6:30pm Entertainment by Spunky Bottom Girls

6:00 pm (approximately)Air Evac helicopter lands

7:00 pmBusiness meeting & door prizes

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