Wolverine Power Marketing Cooperative Inc

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

EIN: 383560640 ✦ Cadillac, MI ✦ Designated as a 501(c)(12)

Overview

What is Wolverine Power Marketing Cooperative Inc?

Wolverine Power Marketing Cooperative Inc, based at 10125 West Watergate Road, Cadillac, Michigan, is a cooperative that offers retail electric services as an alternative electric supplier for 20 member-owned entities. This cooperative's primary mission is to deliver affordable electric power to its members through flexible and innovative pricing strategies. Established in Cadillac, Michigan, the cooperative operates with a commitment to providing power efficiently to its community.


Official website here: www.wpmc.coop

Is Wolverine Power Marketing Cooperative Inc legitimate?

Wolverine Power Marketing Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wolverine Power Marketing 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: $50,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wpmc.coop

What is the mission statement of Wolverine Power Marketing Cooperative Inc?

Wolverine Power Marketing Cooperative Inc is dedicated to supplying affordable electric power to its member-owners. The cooperative aims to provide flexible and creative pricing solutions to meet the energy needs of its community. As an alternative electric supplier, Wolverine Power Marketing Cooperative offers retail electric services to 20 member-owned organizations. The cooperative's mission is focused on ensuring reliable and cost-effective energy solutions for its members. The organization's commitment to its members extends beyond just supplying power, as it strives to create a sustainable energy future for all. The team at Wolverine Power Marketing Cooperative is passionate about delivering value and fostering strong relationships with its members. Through collaborative efforts and innovative solutions, the cooperative continues to adapt and meet the evolving energy demands of its community.


Official website here: www.wpmc.coop

What is the revenue of Wolverine Power Marketing Cooperative Inc?

Wolverine Power Marketing Cooperative Inc's revenue in 2022 was $122,212,710.


Official website here: www.wpmc.coop

Who are the executives of Wolverine Power Marketing Cooperative Inc and what are their salaries?

Here are 11 key members and their salaries (Wolverine Power Marketing Cooperative Inc's CEO's salary is $0 and their total compensation is $0):

    Larry Hermanson (Director)
  • Compensation: $9,850
  • Related: $0
  • Other: $0

    • Rob Hunter (Vice Chairman / Chairman (Transitioned 3/15/22)) [Trustee/Director]
  • Compensation: $7,500
  • Related: $0
  • Other: $0

    • Brian Taivalkoski (Board Secretary / Treasurer (Beginning 3/15/22)) [Trustee/Director]
  • Compensation: $7,300
  • Related: $0
  • Other: $0

    • Mike Kuhn (Director)
  • Compensation: $6,450
  • Related: $0
  • Other: $0

    • Chad Stirrett (Board Vice Chairman (Beginning 3/15/22)) [Trustee/Director]
  • Compensation: $6,425
  • Related: $0
  • Other: $0

    • Rence Meredith (Director (Beginning 3/16/22))
  • Compensation: $6,425
  • Related: $0
  • Other: $0

    • Dan Taylor (Director)
  • Compensation: $4,350
  • Related: $0
  • Other: $0

    • James Felch (Board Chairman (Ending 3/15/22)) [Trustee/Director]
  • Compensation: $1,775
  • Related: $0
  • Other: $0

    • Daniel Sovinski (Board Secretary / Treasurer (Ending 3/05/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel H Decoeur (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard M Kohler (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wpmc.coop

    Where can I find the form 990 for Wolverine Power Marketing Cooperative Inc?

    The Wolverine Power Marketing Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wpmc.coop

    Learn more at the official website: www.wpmc.coop

    Mission Statement of Wolverine Power Marketing Cooperative Inc

    Wolverine Power Marketing Cooperative Inc, a cooperative with a mission, strives to provide affordable power supply to its 20 member-owners. This alternative electric supplier goes beyond the ordinary by offering flexible and creative pricing solutions.

    In their pursuit of affordable power, Wolverine Power Marketing Cooperative Inc serves as a reliable retail electric provider for its members. They aim to ensure their members receive electric power at reasonable costs, setting them apart as a trusted energy partner.

    By offering alternative electric supply options, Wolverine Power Marketing Cooperative Inc empowers its members with the freedom to choose their electricity provider. Their commitment to delivering affordable power is reflected in their innovative pricing solutions, designed to meet the unique needs of each member.

    Through their dedication to affordable electric power, Wolverine Power Marketing Cooperative Inc has established itself as a trusted partner to its member-owners. Their mission is clear: to provide flexible and creative pricing solutions that enable their members to access reliable and affordable electric power.

    Impact

    This information is meant to be a general summary of Wolverine Power Marketing 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 Marketing Cooperative Inc's impact lies in providing affordable power supply to its members through flexible and creative pricing solutions. By offering retail electric services as an alternative electric supplier to its 20 member-owners, Wolverine Power Marketing Cooperative contributes to the stability and reliability of the electric power sector in Michigan. Its mission of ensuring affordable electricity for its members reflects its commitment to supporting local businesses and communities through reliable power services.





    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: $1,115,118
  • Program Service Revenue: $121,097,592
  • Gross Receipts: $122,212,710

    • Assets and Liabilities:
  • Total Assets: $33,721,152
  • Total Liabilities: $11,341,551
  • Net Assets: $22,379,601
  • Programs

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

    Electric Power Resale

    Revenue

    $121,097,592

    Organization Details

    Founding Year

    2000

    Main Address

    10125 West Watergate Road, Cadillac, MI, 49601

    NTEE Category

    Code: W80 - Public benefit

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