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Peninsula Generation Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273659272 ✦ Cadillac, MI ✦ Designated as a 501(c)(12)

Overview

What is Peninsula Generation Cooperative?

Peninsula Generation Cooperative is a Michigan-based nonprofit cooperative corporation, headquartered at 10125 West Watergate Road, Cadillac, MI, 49601. Established for the primary purpose of delivering electric power to its member, Wolverine Power Supply Cooperative, its mission involves obtaining, selling, and distributing electric energy. The cooperative is committed to supplying electricity to its member organization.


Is Peninsula Generation Cooperative legitimate?

Peninsula Generation Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Peninsula Generation Cooperative 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Peninsula Generation Cooperative?
What is the revenue of Peninsula Generation Cooperative?
Who are the executives of Peninsula Generation Cooperative and what are their salaries?
Where can I find the form 990 for Peninsula Generation Cooperative?

Mission Statement of Peninsula Generation Cooperative

Peninsula Generation Cooperative, a Michigan-based nonprofit organization, is dedicated to the provision of electric power to its member, Wolverine Power Supply Cooperative. Established as a cooperative corporation, Peninsula Generation Cooperative's primary mission revolves around obtaining, selling, and delivering electric energy to its cooperative member. In simpler terms, this nonprofit organization exists to ensure the reliable supply of electricity to Wolverine Power Supply Cooperative. The organization's mission is rooted in the cooperative principle of pooling resources and expertise to meet the common needs and aspirations of the community. By providing electric power, Peninsula Generation Cooperative plays a crucial role in enhancing the quality of life for its member cooperative and the communities it serves.

Impact

This information is meant to be a general summary of Peninsula Generation Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Peninsula Generation Cooperative's impact lies in its efforts to obtain, sell, and deliver electric energy for its member, Wolverine Power Supply Cooperative, Inc. Based in Cadillac, Michigan, Peninsula Generation Cooperative is dedicated to providing reliable electric power to its member and serving the broader community with its services. Through its mission of supplying electric power, Peninsula Generation Cooperative plays a crucial role in supporting the infrastructure and energy needs of the region, contributing to economic development, and ensuring the availability of essential resources for residents and businesses in the area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $124,370
  • Program Service Revenue: $58,088,564
  • Gross Receipts: $58,212,934

    • Assets and Liabilities:
  • Total Assets: $27,867,422
  • Total Liabilities: $2,866,422
  • Net Assets: $25,001,000
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Electric Power Resale

    Revenue

    $58,088,564

    Organization Details

    Founding Year

    2010

    Main Address

    10125 West Watergate Road, Cadillac, MI, 49601

    NTEE Category

    Code: W80 - Public benefit

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