Overview
What is Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc, based in Cadillac, Michigan, is a Michigan nonprofit corporation with a mission to deliver reliable and competitive electric power supply to its members across over half of Michigan's Lower Peninsula. The cooperative serves more than 280,000 rural homes and businesses and boasts a workforce of 184 employees. Wolverine takes pride in providing clean, carbon-free energy solutions, championing long-term, innovative strategies for a sustainable energy future. The cooperative's operations include strategic power supply and the development of a flexible transmission system, all aimed at ensuring excellent service to its members.
Official website here: www.wolverinepowercooperative.com
Is Wolverine Power Supply Cooperative Inc legitimate?
Wolverine Power Supply Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wolverine Power Supply 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,423,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,996,062
For more financial information, click here
Official website here: www.wolverinepowercooperative.com
What is the mission statement of Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc is a nonprofit organization dedicated to delivering outstanding electric power supply to its members. Its mission is to provide a reliable and competitive power source for homes and businesses, reaching over 280,000 consumers across more than half of a lower peninsula. Wolverine takes pride in delivering 60% carbon-free energy, championing innovative, long-term energy solutions through strategic power supply and the development of a flexible transmission system. The cooperative focuses on ensuring a clean, affordable, and dependable energy future for its members.
Official website here: www.wolverinepowercooperative.com
What is the revenue of Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc's revenue in 2022 was $706,588,810.
Official website here: www.wolverinepowercooperative.com
Who are the executives of Wolverine Power Supply Cooperative Inc and what are their salaries?
The average compensation at Wolverine Power Supply Cooperative Inc during 2022 was $105,541. There are 184 employees at Wolverine Power Supply Cooperative Inc.
Here are 26 key members and their salaries (Wolverine Power Supply Cooperative Inc's CEO's salary is $849,636 and their total compensation is $997,736):
- Eric Baker (President & Ceo)
- Craig Borr (Executive Vice President)
- Joseph Baumann (Chief Legal Officer)
- Zachary J Anderson (Chief Operating Officer)
- Kacy Wickenhauser (Chief Human Resources Officer)
- Timothy J Martin (Vp Engineering & Operations)
- Daniel J Calverley (Vp Generation & Operations)
- Daniel H Decoeur (Vice President)
- Dawn Coon (Vp Administration)
- Terry Lautner (Director / Chairman)
- Shirley Sprague (Director / Treasurer)
- Melinda Lautner (Director)
- Ric Evans (Director)
- Tom Van Pelt (Director)
- Paul Byl (Director / Secretary)
- Gerry Bundle (Director / Vice Chairman)
- Allan Berg (Director)
- Mark Carson (Director)
- Rob Hunter (Director)
- Clarance Barth (Director)
- Kimber Hansen (Director (April - December))
- John Brown (Director (April - December))
- Chad Stirrett (Director (April - December))
- Kurt Krajniak (Director (Thru March 2022))
- Ed Oplinger (Director (Thru March 2022))
- Mike Kuhn (Director (Thru March 2022))
Official website here: www.wolverinepowercooperative.com
Where can I find the form 990 for Wolverine Power Supply Cooperative Inc?
The Wolverine Power Supply Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wolverinepowercooperative.com
Learn more at the official website: www.wolverinepowercooperative.com
Mission Statement of Wolverine Power Supply Cooperative Inc
Wolverine Power Supply Cooperative Inc, a Michigan-based cooperative corporation, is dedicated to delivering outstanding service to its members by providing reliable and competitive electric power supply. This nonprofit organization takes pride in delivering electricity to over 280,000 rural homes and businesses across more than half of Michigan's Lower Peninsula. Wolverine is committed to championing innovative, long-term energy solutions by focusing on a reliable, clean, and affordable energy future. The cooperative has a strategic approach to power supply and is developing a flexible transmission system to ensure a dependable energy source for its members. Wolverine Power Supply Cooperative Inc's mission is to maintain a robust and sustainable energy infrastructure, enabling its members to thrive in their daily lives while minimizing their carbon footprint. The cooperative's unwavering dedication to its members and the community is reflected in its mission to provide exceptional service and infrastructure, ensuring a brighter future for those it serves.
Impact
This information is meant to be a general summary of Wolverine Power Supply Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Wolverine Power Supply Cooperative Inc's impact can be seen in its provision of reliable, competitive power supply to over 280,000 rural homes and businesses across more than half of Michigan's Lower Peninsula. Through their efforts, Wolverine Power Supply Cooperative Inc proudly delivers 60% carbon-free energy, championing innovative, long-term energy solutions for a cleaner and more affordable energy future. Their strategic power supply and development of a flexible transmission system are driving the region towards a more sustainable energy landscape.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Electricity for Resale
Revenue
$642,205,449
Transmission for Others
Revenue
$61,756,179
Program Services Rental Income
Revenue
$82,991
Organization Details
Founding Year
1983
Phone
(231) 775-7500
Main Address
10125 W Watergate Road PO Box 229, Cadillac, MI, 49601
NTEE Category
Code: W80 - Public benefit
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